EMPOWER COLLEGE PREP

EIN: 900717690 501(c)(3) Education

PHOENIX, AZ

Total Revenue
$14,164,396
Total Expenses
$13,839,628
Total Assets
$23,123,309
Net Assets
$8,241,341
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
AZ
Principal Officer
BRIAN HOLMAN
Phone
6022835720
Tax Period
2024-07-01 to 2025-06-30

EMPOWER COLLEGE PREP, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $14.2M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

EMPOWER COLLEGE PREP'S MISSION IS TO EMPOWER SCHOLARS TO SUCCEED IN COLLEGE, SOLVE REAL-WORLD PROBLEMS, AND MAXIMIZE THEIR IMPACT IN THE WORLD. EMPOWER COLLEGE PREP WILL PRIORITIZE THE PARTNERSHIP BETWEEN THE SCHOOL, FAMILIES, AND THE COMMUNITY TO LEAD CHILDREN TO DISCOVER AND DEVELOP THEIR UNIQUE GIFTS, MAXIMIZE THEIR FULL HUMAN POTENTIAL, AND FULFILL THEIR RESPONSIBILITY TO POSITIVELY IMPACT THEIR WORLD.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,729,849
Program Service Revenue $107,675
Investment Income $224,444
Other Revenue $102,428
TOTAL REVENUE $14,164,396

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,046,256
Fundraising Expenses $0
Program Expenses $12,645,427
Other Expenses $5,793,372
TOTAL EXPENSES $13,839,628

Year-over-Year Comparison

2024 2023 Change
Revenue $14,164,396 $14,969,203 -0.1%
Expenses $13,839,628 $14,492,492 0.0%
Net Income $324,768 $476,711 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
149
Volunteers
N/A

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
5
$423,542
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN HOLMAN CEO/EX OFFIC 40.00
Officer
$163,143 $15,931 $179,074
BECKY JONES SCHOOL PRINC 40.00
Highest
$115,320 $9,283 $124,603
DAVID DILLMAN DIRECTOR OF 40.00
Officer
$91,504 $14,150 $105,654
ANGELA ORTEGA DIRECTOR OF 40.00
Officer
$85,293 $8,155 $93,448
ANGELA EICH DIRECTOR OF 20.00
Officer
$43,633 $1,733 $45,366
BRANDI ADAMS BRESSLER MEMBER 2.00
Director
$0 $0 $0
KEVIN ERICKSON BOARD CHAIR/ 2.00
Officer Director
$0 $0 $0
STEVE INMAN MEMBER 2.00
Director
$0 $0 $0
ESLY MONTENEGRO MEMBER 2.00
Director
$0 $0 $0
DAVID MURRAY MEMBER 2.00
Director
$0 $0 $0
PATRICIA WELBORN MEMBER 2.00
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
2025 $14,164,396 $13,839,628 $23,123,309 $324,768
2024 No data No data No data No data
2023 $17,810,869 $14,014,768 $23,212,423 $3,796,101
2022 $13,895,529 $12,498,530 $19,591,882 $1,396,999
2021 $10,827,428 $10,724,906 $18,024,772 $102,522
2020 $7,961,868 $7,779,197 $18,611,945 $182,671
2019 $7,147,922 $6,807,274 $17,728,844 $340,648
2018 $7,267,468 $6,865,990 $7,543,037 $401,478
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