Empower Tennessee
EIN: 621585996 · Nashville, TN · NTEE: P82Z
| Metric | Value |
|---|---|
| Total Revenue | $510K |
| Total Expenses | $468K |
| Net Assets | $-49,364 |
Is Empower Tennessee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Empower Tennessee
Empower Tennessee (EIN: 621585996) is a nonprofit organization based in Nashville, TN, classified under NTEE code P82Z. The organization reported total revenue of $510K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Empower Tennessee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Empower Tennessee is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $495K |
| Total Expenses | $468K |
| Surplus / Deficit | +$28K |
| Total Assets | $73K |
| Total Liabilities | $123K |
| Net Assets | $-49,364 |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 167.2% |
| Months of Reserves | 1.9 months |
Financial Health Grade: B
In 2024, Empower Tennessee reported a surplus of $28K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 167.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Empower Tennessee's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.3% | -11.7% | +6.2% |
| 2023 | +6.8% | -1.8% | +20.3% |
| 2022 | -45.7% | -33.2% | -43.0% |
| 2021 | +23.9% | +8.8% | +31.0% |
| 2020 | +4.7% | +19.9% | -38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Empower Tennessee 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 Tennessee 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 167.2%.
Frequently Asked Questions about Empower Tennessee
Is Empower Tennessee a legitimate charity?
Based on AI analysis of IRS 990 filings, Empower Tennessee (EIN: 621585996) insufficient data. 0 red flags identified, 0 strengths noted.
How does Empower Tennessee spend its money?
Detailed spending breakdown data is not yet available for Empower Tennessee. Check back for updated IRS 990 analysis.
Are donations to Empower Tennessee tax-deductible?
Empower Tennessee is registered as a tax-exempt nonprofit (EIN: 621585996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Empower Tennessee located?
Empower Tennessee is headquartered in Nashville, Tennessee and files with the IRS under EIN 621585996. It is classified under NTEE code P82Z.
How many years of IRS 990 filings does Empower Tennessee have?
Empower Tennessee has 14 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 $510K in total revenue.
Filing History
IRS 990 filing history for Empower Tennessee showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Empower Tennessee's revenue has declined by 15.1%, moving from $583K to $495K. Total assets decreased by 4.9% over the same period, from $77K to $73K. Total functional expenses fell by 15.6%, from $554K to $468K. In its most recent filing year (2024), Empower Tennessee reported a surplus of $28K, with revenue exceeding expenses. The organization holds $123K in liabilities against $73K in assets (debt-to-asset ratio: 167.2%), resulting in net assets of $-49,364.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $495K | $468K | $73K | $123K | — | — |
| 2023 | $484K | $529K | $69K | $146K | — | View 990 |
| 2022 | $453K | $539K | $58K | $89K | — | View 990 |
| 2021 | $835K | $807K | $101K | $47K | — | — |
| 2020 | $674K | $742K | $77K | $51K | — | View 990 |
| 2019 | $644K | $619K | $126K | $31K | — | View 990 |
| 2018 | $589K | $622K | $103K | $33K | — | View 990 |
| 2017 | $582K | $653K | $137K | $35K | — | View 990 |
| 2016 | $534K | $573K | $194K | $21K | — | View 990 |
| 2015 | $777K | $689K | $250K | $38K | — | View 990 |
| 2014 | $632K | $589K | $315K | $192K | — | View 990 |
| 2013 | $541K | $541K | $100K | $30K | — | View 990 |
| 2012 | $591K | $562K | $104K | $30K | — | View 990 |
| 2011 | $583K | $554K | $77K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $495K, expenses of $468K, and assets of $73K (revenue +2.3% year-over-year).
- 2023: Revenue of $484K, expenses of $529K, and assets of $69K (revenue +6.8% year-over-year).
- 2022: Revenue of $453K, expenses of $539K, and assets of $58K (revenue -45.7% year-over-year).
- 2021: Revenue of $835K, expenses of $807K, and assets of $101K (revenue +23.9% year-over-year).
- 2020: Revenue of $674K, expenses of $742K, and assets of $77K (revenue +4.7% year-over-year).
- 2019: Revenue of $644K, expenses of $619K, and assets of $126K (revenue +9.3% year-over-year).
- 2018: Revenue of $589K, expenses of $622K, and assets of $103K (revenue +1.2% year-over-year).
- 2017: Revenue of $582K, expenses of $653K, and assets of $137K (revenue +9.1% year-over-year).
- 2016: Revenue of $534K, expenses of $573K, and assets of $194K (revenue -31.3% year-over-year).
- 2015: Revenue of $777K, expenses of $689K, and assets of $250K (revenue +22.8% year-over-year).
- 2014: Revenue of $632K, expenses of $589K, and assets of $315K (revenue +16.9% year-over-year).
- 2013: Revenue of $541K, expenses of $541K, and assets of $100K (revenue -8.5% year-over-year).
- 2012: Revenue of $591K, expenses of $562K, and assets of $104K (revenue +1.4% year-over-year).
- 2011: Revenue of $583K, expenses of $554K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Empower Tennessee:
Data Sources and Methodology
This transparency report for Empower Tennessee 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.