Quick charity verification for Empowerment Of Florida Inc (EIN: 202721328)
Verdict: Empowerment Of Florida Inc appears trustworthy
92/100Mission Score
$2.9MRevenue
$2.6MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest 2023 filing, leading to a net deficit for the period.
Strengths
Consistently reports 0% officer compensation across all filings, indicating high program efficiency.
Strong asset growth over time, from $221,953 in 2016 to $1,381,917 in 2023.
Frequently reports zero liabilities, demonstrating strong financial management and low debt.
Consistent filing history with 14 filings, indicating good transparency and compliance.
Spending Breakdown
How Empowerment Of Florida Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Empowerment Of Florida Inc
Is Empowerment Of Florida Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Empowerment Of Florida Inc (EIN: 202721328) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Empowerment Of Florida Inc a good charity to donate to?
Empowerment Of Florida Inc has a Mission Score of 92/100. Revenue: $2.9M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Empowerment Of Florida Inc?
The Employer Identification Number (EIN) for Empowerment Of Florida Inc is 202721328. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Empowerment Of Florida Inc spend its money?
Empowerment Of Florida Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Empowerment Of Florida Inc's tax-exempt status?
You can verify Empowerment Of Florida Inc's tax-exempt status using EIN 202721328 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Empowerment Of Florida Inc demonstrates a generally stable financial trajectory, with revenues fluctuating but maintaining a significant scale, reaching $1,313,573 in the latest 2023 period. The organization consistently reports zero liabilities in many periods, including the latest 2023 filing, which is a strong indicator of financial prudence and low debt burden. However, the 2023 period shows expenses ($1,467,649) exceeding revenue ($1,313,573), leading to a net deficit for that year, which warrants monitoring.
The organization's spending efficiency appears to be strong, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. The absence of reported officer compensation also contributes positively to transparency, as it indicates a lean administrative structure at the top.
Overall, Empowerment Of Florida Inc exhibits good financial health with robust asset growth over time, from $221,953 in 2016 to $1,381,917 in 2023. The consistent lack of reported officer compensation is a significant strength, indicating a strong commitment to program spending. The recent deficit in 2023 should be observed, but the overall trend and low liability profile suggest a well-managed organization.