Empower Cocke County
EIN: 463568289 · Newport, TN
| Metric | Value |
|---|---|
| Total Revenue | $509K |
| Total Expenses | $154K |
| Net Assets | $342K |
Is Empower Cocke County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Empower Cocke County
Empower Cocke County (EIN: 463568289) is a nonprofit organization based in Newport, TN. The organization reported total revenue of $509K and total assets of $836K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Empower Cocke County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Empower Cocke County is a small nonprofit that has been operating for 35 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $154K |
| Surplus / Deficit | +$90K |
| Total Assets | $572K |
| Total Liabilities | $230K |
| Net Assets | $342K |
| Operating Margin | 36.9% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 44.4 months |
Financial Health Grade: A
In 2023, Empower Cocke County reported a surplus of $90K with revenue exceeding expenses, holds 44.4 months of operating reserves (strong position), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Empower Cocke County's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.0% | +14.6% | +34.8% |
| 2022 | -35.3% | -19.3% | +18.9% |
| 2021 | +6.2% | -9.2% | +36.0% |
| 2020 | +95.6% | +89.2% | +8.1% |
| 2019 | -13.0% | +17.8% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Empower Cocke County has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Empower Cocke County with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.2%.
Frequently Asked Questions about Empower Cocke County
Is Empower Cocke County a legitimate charity?
Empower Cocke County (EIN: 463568289) is a registered tax-exempt nonprofit based in Tennessee. It has 6 years of IRS 990 filings on record. Total revenue: $509K. No red flags identified. Financial health grade: A.
How does Empower Cocke County spend its money?
Empower Cocke County reported $509K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Empower Cocke County tax-deductible?
Empower Cocke County is registered as a tax-exempt nonprofit (EIN: 463568289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Empower Cocke County located?
Empower Cocke County is headquartered in Newport, Tennessee and files with the IRS under EIN 463568289.
How many years of IRS 990 filings does Empower Cocke County have?
Empower Cocke County has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $509K in total revenue.
Filing History
IRS 990 filing history for Empower Cocke County showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Empower Cocke County's revenue has grown by 90.7%, moving from $128K to $244K. Total assets increased by 151.7% over the same period, from $227K to $572K. Total functional expenses rose by 87.3%, from $82K to $154K. In its most recent filing year (2023), Empower Cocke County reported a surplus of $90K, with revenue exceeding expenses. The organization holds $230K in liabilities against $572K in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $342K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $154K | $572K | $230K | — | — |
| 2022 | $150K | $135K | $424K | $172K | — | View 990 |
| 2021 | $232K | $167K | $357K | $120K | — | View 990 |
| 2020 | $218K | $184K | $262K | $91K | — | — |
| 2019 | $112K | $97K | $243K | $105K | — | View 990 |
| 2018 | $128K | $82K | $227K | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $154K, and assets of $572K (revenue +63.0% year-over-year).
- 2022: Revenue of $150K, expenses of $135K, and assets of $424K (revenue -35.3% year-over-year).
- 2021: Revenue of $232K, expenses of $167K, and assets of $357K (revenue +6.2% year-over-year).
- 2020: Revenue of $218K, expenses of $184K, and assets of $262K (revenue +95.6% year-over-year).
- 2019: Revenue of $112K, expenses of $97K, and assets of $243K (revenue -13.0% year-over-year).
- 2018: Revenue of $128K, expenses of $82K, and assets of $227K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Empower Cocke County:
Data Sources and Methodology
This transparency report for Empower Cocke County is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.