Empowered By Grace
EIN: 474627901 · Blue Mountain, MS · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $47K |
| Net Assets | $56K |
Is Empowered By Grace Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Empowered By Grace
Empowered By Grace (EIN: 474627901) is a nonprofit organization based in Blue Mountain, MS, classified under NTEE code P20. The organization reported total revenue of $66K and total assets of $448K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Empowered By Grace's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Empowered By Grace is a micro nonprofit that has been operating for 10 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -27.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $47K |
| Surplus / Deficit | +$11K |
| Total Assets | $450K |
| Total Liabilities | $394K |
| Net Assets | $56K |
| Operating Margin | 18.6% |
| Debt-to-Asset Ratio | 87.5% |
| Months of Reserves | 115.8 months |
Financial Health Grade: A
In 2023, Empowered By Grace reported a surplus of $11K with revenue exceeding expenses, holds 115.8 months of operating reserves (strong position), has a debt-to-asset ratio of 87.5% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Empowered By Grace's revenue has declined at a compound annual growth rate (CAGR) of -27.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | -73.3% | +11.4% |
| 2022 | -52.4% | +38.3% | +142.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Empowered By Grace 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 Empowered By Grace 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 87.5%.
Frequently Asked Questions about Empowered By Grace
Is Empowered By Grace a legitimate charity?
Based on AI analysis of IRS 990 filings, Empowered By Grace (EIN: 474627901) insufficient data. 0 red flags identified, 0 strengths noted.
How does Empowered By Grace spend its money?
Detailed spending breakdown data is not yet available for Empowered By Grace. Check back for updated IRS 990 analysis.
Are donations to Empowered By Grace tax-deductible?
Empowered By Grace is registered as a tax-exempt nonprofit (EIN: 474627901). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Empowered By Grace located?
Empowered By Grace is headquartered in Blue Mountain, Mississippi and files with the IRS under EIN 474627901. It is classified under NTEE code P20.
How many years of IRS 990 filings does Empowered By Grace have?
Empowered By Grace has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $66K in total revenue.
Filing History
IRS 990 filing history for Empowered By Grace showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Empowered By Grace's revenue has declined by 47.4%, moving from $109K to $57K. Total assets increased by 170.3% over the same period, from $166K to $450K. Total functional expenses fell by 63.1%, from $127K to $47K. In its most recent filing year (2023), Empowered By Grace reported a surplus of $11K, with revenue exceeding expenses. The organization holds $394K in liabilities against $450K in assets (debt-to-asset ratio: 87.5%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $47K | $450K | $394K | — | View 990 |
| 2022 | $52K | $175K | $404K | $222K | — | — |
| 2021 | $109K | $127K | $166K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $47K, and assets of $450K (revenue +10.5% year-over-year).
- 2022: Revenue of $52K, expenses of $175K, and assets of $404K (revenue -52.4% year-over-year).
- 2021: Revenue of $109K, expenses of $127K, and assets of $166K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Empowered By Grace:
Data Sources and Methodology
This transparency report for Empowered By Grace 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.