Empower Youth Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 62,618 | 62,639 | −21 | 1.5 | — |
| 2016 | 92,624 | 70,721 | 21,903 | 5.1 | — |
| 2017 | 92,714 | 87,671 | 5,043 | 4.8 | — |
| 2018 | 417,175 | 183,342 | 233,833 | 4.7 | 64% |
| 2019 | 475,635 | 378,724 | 96,911 | 5.4 | 68% |
| 2020 | 665,911 | 567,186 | 98,725 | 5.7 | 66% |
| 2021 | 211,595 | 233,749 | −22,154 | 25.3 | 69% |
| 2022 | 1,213,621 | 1,360,620 | −146,999 | 3.1 | 63% |
| 2023 | 1,290,235 | 1,274,092 | 16,143 | 3.0 | 65% |
In its most recent public year (2023), this organization brought in $16,143 more than it spent. Its reserves stood at about 3 months of spending, up from 1.5 in 2015. Staff pay was 65% of spending.
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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