Economic Empowerment Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 161,022 | 81,850 | 79,172 | 11.6 | — |
| 2019 | 1,727,597 | 688,953 | 1,038,644 | 19.5 | 57% |
| 2020 | 10,010,054 | 8,411,002 | 1,599,052 | 3.9 | 5% |
| 2021 | 11,872,061 | 10,837,834 | 1,034,227 | 4.2 | 4% |
| 2022 | 1,638,241 | 1,354,265 | 283,976 | 35.8 | 33% |
| 2023 | 2,347,697 | 912,991 | 1,434,706 | 71.9 | 55% |
In its most recent public year (2023), this organization brought in $1,434,706 more than it spent. Its reserves stood at about 71.9 months of spending, up from 11.6 in 2018. Staff pay was 55% of spending. $442,490 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
Economic Empowerment Center'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