THE URBAN EMPOWERMENT FUND (EIN 900853595) - 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

2011

Legal Domicile

Principal Officer

MARC H MORIAL

Phone

2125585300

Tax Period

2024-01-01 to 2024-12-31

THE URBAN EMPOWERMENT FUND, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 338% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 71% operating margin.

Mission

THE URBAN EMPOWERMENT FUND'S MISSION IS TO HELP MINORITY BUSINESS ENTERPRISES (MBES) GAIN ACCESS TO CAPITAL, SURVIVE, PROSPER, GROW, CREATE JOBS AND GENERATE INDIVIDUAL AND COMMUNITY WEALTH.

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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 $2,306,285

Program Service Revenue $158,124

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,464,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $296,509

Fundraising Expenses $0

Program Expenses $710,078

Other Expenses $413,569

TOTAL EXPENSES $710,078

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,464,409	$562,968	+3.4%
Expenses	$710,078	$562,968	+0.3%
Net Income	$1,754,331	$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

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

$1,340,638

Total Directors

$1,340,638

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC H MORIAL	BOARD CHAIR	1.00	Officer Director	$0	$74,896	$1,340,638
JEFFREY BULLER	BOARD MEMBER-SECRETARY	1.00	Officer Director	$0	$0	$0
KHARY P BARNES	BOARD MEMBER-TREASURER	1.00	Officer Director	$0	$0	$0
OSEREMI ADEKOYE	VP OF LENDING	40.00	Highest	$185,321	$25,788	$211,109

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	$2,464,409	$710,078	$6,889,371	$1,754,331
2024	$2,464,409	$710,078	$6,889,371	$1,754,331
2023	$562,968	$562,968	$4,499,201	No data
2022	$463,039	$457,303	$3,939,534	$5,736
2021	$2,393,632	$5,868	$3,891,950	$2,387,764
2020	No data	No data	$1,006,132	No data
2019	$66,666	$300,573	$1,022,558	$-233,907
2018	$447,045	$410,823	$1,275,623	$36,222

THE URBAN EMPOWERMENT FUND