Empower Mali
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 105,130 | 71,316 | 33,814 | 5.7 | — |
| 2014 | 99,233 | 117,584 | −18,351 | 1.6 | — |
| 2015 | 119,859 | 107,086 | 12,773 | 3.2 | — |
| 2016 | 191,164 | 193,975 | −2,811 | 1.6 | — |
| 2017 | 241,847 | 231,852 | 9,995 | 1.8 | 0% |
| 2018 | 113,413 | 0 | 113,413 | — | — |
| 2019 | 430,255 | 328,573 | 101,682 | 5.0 | 0% |
| 2020 | 642,540 | 731,558 | −89,018 | 0.8 | 0% |
| 2021 | 1,158,753 | 1,100,188 | 58,565 | 1.2 | 0% |
| 2022 | 493,733 | 467,838 | 25,895 | 3.4 | 0% |
| 2023 | 1,215,723 | 1,152,930 | 62,793 | 2.0 | 0% |
In its most recent public year (2023), this organization brought in $62,793 more than it spent. Its reserves stood at about 2 months of spending, down from 5.7 in 2013. Staff pay was 0% of spending. $187,511 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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