Empower 7 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 100,122 | 83,365 | 16,757 | 3.5 | — |
| 2021 | 136,630 | 48,540 | 88,090 | 27.8 | 12% |
| 2022 | 104,910 | 55,283 | 49,627 | 35.1 | 24% |
| 2023 | 130,250 | 96,004 | 34,246 | 24.5 | 37% |
In its most recent public year (2023), this organization brought in $34,246 more than it spent. Its reserves stood at about 24.5 months of spending, up from 3.5 in 2020. Staff pay was 37% of spending. $66,924 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works