EMPOWER LEARNING AFRICA USA INC

EIN: 922014591 501(c)(3) Education

Cambridge, MA

Total Revenue
$860,100
Total Expenses
$590,309
Total Assets
$279,775
Net Assets
$279,775
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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
2023
Legal Domicile
MA
Principal Officer
David Sears
Phone
8579284669
Tax Period
2024-01-01 to 2024-12-31

EMPOWER LEARNING AFRICA USA INC, founded in 2023, is a small nonprofit in the Education sector that reported $860K in total revenue in fiscal year 2024. Revenue surged 8501% from the prior year, signaling strong growth momentum. The organization ran a surplus of $270K, a strong 31% operating margin.

Mission

Support foundational literacy and numeracy in Africa

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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 $860,100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $860,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $433,399
Fundraising Expenses $7,011
Program Expenses $566,004
Other Expenses $156,910
TOTAL EXPENSES $590,309

Year-over-Year Comparison

2024 2023 Change
Revenue $860,100 $10,000 +85.0%
Expenses $590,309 $16 +36893.3%
Net Income $269,791 $9,984 +26.0%
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

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Governance

Voting Members
3
Independent Members
2
Employees
1
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
0
$0
Total Directors
3
$46,035
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Sears President 10
Director
$46,035 $0 $46,035
Bala Venkatachalam Treasurer 0.1
Director
$0 $0 $0
Rachel Glennerster Clerk 0.1
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 No data No data No data No data
2024 $860,100 $590,309 $279,775 $269,791
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