Empower Series Inc is located in Dallas, TX. The organization was established in 2016. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empower Series Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Empower Series Inc generated $60.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $51.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EMPOWER SERIES UPLOADED 12 VIRTUAL PROGRAMS AND HELD ONE HYBRID IN-PERSON/VIRTUAL PROGRAMS, COVERING GOAL SETTING, ENTREPRENEURSHIP, CREDIT MANAGEMENT, FINANCIAL LITERACY, COLLEGE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra White President | 0 | $0 | |
Lisa Frybeck Secretary | 0 | $0 | |
Carla Romney-Kirkland Treasurer | 0 | $0 | |
Malcolm Williams Vice President | 0 | $0 | |
Deidria Ellington Vice President | 0 | $0 | |
Clifton Johnson Executive Director | 40 | $20,700 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,462 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,462 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $46,691 |
| Occupancy, rent, utilities, and maintenance | $634 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $3,454 |
| Total expenses | $50,961 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,980 |
| Other assets | $0 |
| Total assets | $53,980 |
| Total liabilities | $27,249 |
| Net assets or fund balances | $26,731 |