Empowerment Avenue (EIN 932876513) - 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

2024

Legal Domicile

Principal Officer

Rahsaan Thomas

Phone

4156292995

Tax Period

2024-01-01 to 2024-12-31

Empowerment Avenue, founded in 2024, is a small nonprofit in the Arts, Culture & Humanities sector that reported $611K in total revenue in fiscal year 2024. Revenue surged 275% from the prior year, signaling strong growth momentum.

Mission

We support incarcerated people to get their creative work outside of prison and connect with mission-aligned organizations.

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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 $589,069

Program Service Revenue $0

Investment Income $9,956

Other Revenue $12,371

TOTAL REVENUE $611,396

Expense Breakdown

Grants Paid $0

Salaries & Benefits $347,836

Fundraising Expenses $43,086

Program Expenses $458,952

Other Expenses $244,970

TOTAL EXPENSES $600,806

Year-over-Year Comparison

	2024	2023	Change
Revenue	$611,396	$162,946	+2.8%
Expenses	$600,806	$1,512	+396.4%
Net Income	$10,590	$161,434	-0.9%

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

100

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

$196,327

Total Directors

$265,187

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Emily Nonko	Treasurer	40.00	Officer Director	$80,792	$0	$80,792
De'jon Joy	Director	40.00	Director	$68,860	$0	$68,860
Christine Lashaw	Secretary	40.00	Officer Director	$63,429	$0	$63,429
Rahsaan Thomas	President	40.00	Officer Director	$52,106	$0	$52,106

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	$611,396	$600,806	$575,506	$10,590

Empowerment Avenue