Empowerment Of Florida Inc
Empowerment Of Florida Inc shows strong asset growth and no reported officer compensation, despite a recent operating deficit.
EIN: 202721328 · Jacksonville, FL · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is Empowerment Of Florida Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Empowerment Of Florida Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Empowerment Of Florida Inc
Empowerment Of Florida Inc (EIN: 202721328) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code P99. The organization reported total revenue of $2.9M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Empowerment Of Florida Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Empowerment Of Florida Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-154,076 |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | -11.7% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Empowerment Of Florida Inc reported a deficit of $154K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Empowerment Of Florida Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +47.9% | -16.0% |
| 2022 | -30.8% | -8.3% | +10.3% |
| 2021 | +86.5% | +22.8% | +83.7% |
| 2020 | -41.3% | -34.1% | +0.8% |
| 2019 | +46.9% | +48.6% | +27.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Empowerment Of Florida Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Empowerment Of Florida Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $154K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size, with revenues exceeding $1 million annually, and suggests a volunteer-led or extremely lean leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Empowerment Of Florida Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest 2023 filing, leading to a net deficit for the period.
Strengths
The following positive indicators were identified for Empowerment Of Florida Inc:
- 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.
Frequently Asked Questions about Empowerment Of Florida Inc
Is Empowerment Of Florida Inc a legitimate charity?
Empowerment Of Florida Inc (EIN: 202721328) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Empowerment Of Florida Inc spend its money?
Empowerment Of Florida Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Empowerment Of Florida Inc tax-deductible?
Empowerment Of Florida Inc is registered as a tax-exempt nonprofit (EIN: 202721328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Empowerment Of Florida Inc CEO make?
Empowerment Of Florida Inc's highest-compensated officer earns $1 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Empowerment Of Florida Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Empowerment Of Florida Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Empowerment Of Florida Inc located?
Empowerment Of Florida Inc is headquartered in Jacksonville, Florida and files with the IRS under EIN 202721328. It is classified under NTEE code P99.
How many years of IRS 990 filings does Empowerment Of Florida Inc have?
Empowerment Of Florida Inc 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 $2.9M in total revenue.
Is Empowerment Of Florida Inc a good charity?
Based on the available data, Empowerment Of Florida Inc appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its assets have grown significantly, and liabilities are often zero, suggesting sound financial management.
How does Empowerment Of Florida Inc manage its executive compensation?
Empowerment Of Florida Inc reports 0% officer compensation in all available IRS 990 filings, including the latest 2023 period. This suggests that its leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for program delivery.
What is the financial trend of Empowerment Of Florida Inc?
Empowerment Of Florida Inc has shown significant growth in revenue and assets over the past decade. Revenue has fluctuated but generally increased, reaching $1,313,573 in 2023. Assets have grown from $221,953 in 2016 to $1,381,917 in 2023, indicating strong financial health and accumulation of resources.
Did Empowerment Of Florida Inc operate at a deficit recently?
Yes, in the 2023 period, Empowerment Of Florida Inc reported expenses of $1,467,649 against revenues of $1,313,573, resulting in an operating deficit for that year. This is a change from previous years where revenues often exceeded expenses.
Filing History
IRS 990 filing history for Empowerment Of Florida Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Empowerment Of Florida Inc's revenue has grown by 479%, moving from $227K to $1.3M. Total assets increased by 933.1% over the same period, from $134K to $1.4M. Total functional expenses rose by 278.4%, from $388K to $1.5M. In its most recent filing year (2023), Empowerment Of Florida Inc reported a deficit of $154K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.5M | $1.4M | $0 | — | — |
| 2022 | $1.1M | $992K | $1.6M | $109K | — | — |
| 2021 | $1.7M | $1.1M | $1.5M | $108K | — | View 990 |
| 2020 | $887K | $881K | $811K | $570 | — | View 990 |
| 2019 | $1.5M | $1.3M | $805K | $0 | — | View 990 |
| 2018 | $1.0M | $900K | $631K | $0 | — | View 990 |
| 2017 | $1.1M | $812K | $502K | $0 | — | View 990 |
| 2016 | $630K | $813K | $222K | $0 | — | View 990 |
| 2015 | $576K | $687K | $405K | $0 | — | View 990 |
| 2014 | $989K | $754K | $517K | $0 | — | View 990 |
| 2013 | $784K | $661K | $281K | $0 | — | View 990 |
| 2012 | $633K | $577K | $158K | $0 | — | View 990 |
| 2011 | $373K | $405K | $102K | $0 | — | View 990 |
| 2010 | $227K | $388K | $134K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.5M, and assets of $1.4M (revenue +14.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $992K, and assets of $1.6M (revenue -30.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.1M, and assets of $1.5M (revenue +86.5% year-over-year).
- 2020: Revenue of $887K, expenses of $881K, and assets of $811K (revenue -41.3% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $805K (revenue +46.9% year-over-year).
- 2018: Revenue of $1.0M, expenses of $900K, and assets of $631K (revenue -5.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $812K, and assets of $502K (revenue +73.4% year-over-year).
- 2016: Revenue of $630K, expenses of $813K, and assets of $222K (revenue +9.4% year-over-year).
- 2015: Revenue of $576K, expenses of $687K, and assets of $405K (revenue -41.8% year-over-year).
- 2014: Revenue of $989K, expenses of $754K, and assets of $517K (revenue +26.2% year-over-year).
- 2013: Revenue of $784K, expenses of $661K, and assets of $281K (revenue +23.8% year-over-year).
- 2012: Revenue of $633K, expenses of $577K, and assets of $158K (revenue +69.8% year-over-year).
- 2011: Revenue of $373K, expenses of $405K, and assets of $102K (revenue +64.3% year-over-year).
- 2010: Revenue of $227K, expenses of $388K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Empowerment Of Florida Inc:
Data Sources and Methodology
This transparency report for Empowerment Of Florida Inc 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.