Empower U Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,090,535 | 2,079,840 | 10,695 | 0.9 | 55% |
| 2013 | 2,558,676 | 2,092,103 | 466,573 | 3.6 | 60% |
| 2014 | 2,301,252 | 2,324,482 | −23,230 | 3.1 | 58% |
| 2015 | 3,500,774 | 3,306,928 | 193,846 | 2.9 | 52% |
| 2016 | 5,403,894 | 5,159,801 | 244,093 | 2.5 | 42% |
| 2017 | 5,921,830 | 5,800,611 | 121,219 | 2.4 | 39% |
| 2018 | 7,707,886 | 7,275,755 | 432,131 | 2.5 | 37% |
| 2019 | 9,223,514 | 9,156,436 | 67,078 | 2.1 | 36% |
| 2020 | 10,745,902 | 10,905,368 | −159,466 | 1.6 | 34% |
| 2021 | 12,493,344 | 11,658,052 | 835,292 | 2.3 | 35% |
| 2022 | 12,302,482 | 12,561,302 | −258,820 | 1.9 | 34% |
| 2023 | 12,857,844 | 13,293,939 | −436,095 | 1.8 | 26% |
In its most recent public year (2023), this organization spent $436,095 more than it brought in. Its reserves stood at about 1.8 months of spending. Staff pay was 26% of spending. $369,212 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
Empower U Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works