EMPOWERTHEM COLLECTIVE (EIN 861846701) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Tavia Wooley

Phone

6616071908

Tax Period

2024-01-01 to 2024-12-31

EMPOWERTHEM COLLECTIVE, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $500K in total revenue in fiscal year 2024. Revenue surged 900% from the prior year, signaling strong growth momentum.

Mission

Provide BIPOC with access to education, training and opportunities on 5 key pillars; Policy, Entrepreneurship, Advocacy, Research, and Leadership (P.E.A.R.L). Supporting Community members to develop equitable partnerships with systems stakeholders in order to lead and build solutions that place them as the systems change expert.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $500,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $500,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $422,254

Fundraising Expenses $0

Program Expenses $500,000

Other Expenses $77,746

TOTAL EXPENSES $500,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$500,000	$50,000	+9.0%
Expenses	$500,000	$50,000	+9.0%
Net Income	$0	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$140,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TaVia Wooley	Executive Director	40	Key Emp Highest	$120,000	$20,000	$140,000
Caroln Moore	Board President	1	Director	$0	$0	$0
Diana Love	Treasurer	0.5	Director	$0	$0	$0
April Holland	Board Member At Large	0.25	Director	$0	$0	$0
Debbie Dew	Secretary	0.25	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$500,000	$500,000	$19,000	No data

EMPOWERTHEM COLLECTIVE