Empower-Emerging Markets Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,745,470 | 1,591,120 | 1,154,350 | 13.9 | 35% |
| 2012 | 1,727,040 | 1,534,055 | 192,985 | 16.0 | 46% |
| 2013 | 1,410,747 | 1,967,258 | −556,511 | 9.1 | 44% |
| 2014 | 2,501,876 | 2,212,135 | 289,741 | 9.6 | 36% |
| 2015 | 1,557,033 | 2,317,767 | −760,734 | 5.3 | 36% |
| 2016 | 4,324,411 | 5,316,223 | −991,812 | 4.2 | 26% |
| 2017 | 5,887,954 | 4,505,664 | 1,382,290 | 8.6 | 28% |
| 2018 | 5,984,758 | 5,327,676 | 657,082 | 8.9 | 27% |
| 2019 | 9,849,632 | 6,856,659 | 2,992,973 | 12.1 | 25% |
| 2020 | 6,834,793 | 7,098,614 | −263,821 | 11.0 | 28% |
| 2021 | 8,896,356 | 7,728,769 | 1,167,587 | 12.1 | 28% |
| 2022 | 9,319,505 | 11,014,625 | −1,695,120 | 6.4 | 23% |
| 2023 | 10,873,067 | 10,958,149 | −85,082 | 6.3 | 24% |
In its most recent public year (2023), this organization spent $85,082 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 13.9 in 2011. Staff pay was 24% of spending. $2,539,151 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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