Empower Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,931,494 | 4,084,358 | −152,864 | 10.8 | 44% |
| 2012 | 5,972,445 | 5,066,631 | 905,814 | 10.8 | 42% |
| 2013 | 4,643,047 | 6,502,202 | −1,859,155 | 5.0 | 49% |
| 2014 | 6,580,193 | 5,984,260 | 595,933 | 6.6 | 56% |
| 2015 | 5,498,381 | 6,302,989 | −804,608 | 4.8 | 61% |
| 2016 | 5,133,859 | 4,895,877 | 237,982 | 6.7 | 56% |
| 2017 | 1,694,642 | 3,706,529 | −2,011,887 | 0.0 | 34% |
| 2018 | 1,710,442 | 2,132,615 | −422,173 | 11.4 | 48% |
| 2019 | 3,104,222 | 2,217,278 | 886,944 | 15.8 | 45% |
| 2020 | 3,627,275 | 3,224,520 | 402,755 | 12.3 | 47% |
| 2021 | 5,235,686 | 3,668,286 | 1,567,400 | 16.0 | 52% |
| 2022 | 4,854,097 | 4,802,810 | 51,287 | 12.3 | 42% |
| 2023 | 6,036,313 | 5,763,664 | 272,649 | 10.8 | 40% |
In its most recent public year (2023), this organization brought in $272,649 more than it spent. Its reserves stood at about 10.8 months of spending. Staff pay was 40% of spending. $316,154 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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