Empower Sports
- Assets
- $30.0k
- Revenue
- $368.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Cleveland, OH
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 20-4449014
Organization Overview
Empower Sports is located in Cleveland, OH. The organization was established in 2009. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2023, Empower Sports employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empower Sports is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Empower Sports generated $368.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $378.4k during the year ending 12/2023. While expenses have increased by 17.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER SPORTS EXISTS TO ENRICH THE LIVES OF ATHLETES OF DIVERSE CHALLENGES THROUGH SPORTS AND EXERCISE WHILE PROMOTING KINDNESS, CHARACTER, AND RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2023 WAS ANOTHER EXCEPTIONAL YEAR OF GROWTH FOR EMPOWER SPORTS, REACHING MORE THAN 400 ATHLETES WITH DISABILITIES AND AMASSING OVER 1,200 PROGRAM REGISTRATIONS. OUR INCLUSIVE SPORTS PROGRAMS WERE OFFERED IN 5 COUNTIES IN NORTHEAST OHIO, FEATURING BASKETBALL, SOFTBALL, SOCCER, FLAG FOOTBALL, GOLF, PICKLEBALL, AND EXERCISE PROGRAMS. OUR TEAMS WERE MADE UP OF HIGHLY DIVERSE ATHLETES REPRESENTING SEVERAL DIFFERENT INTELLECTUAL, HEARING, VISUAL, AND GROSS MOTOR DISABILITIES ALL EXPERIENCING THE JOY OF SPORTS TOGETHER. PROGRAMS HELPED FORGE NEW FRIENDSHIPS, AND PROVED TO BE A PIVOTAL SOURCE OF EXERCISE FOR OUR ATHLETES. WE WERE ALSO GRATEFUL TO HOST OVER 1,400 VOLUNTEERS HELPING US FULFILL OUR MISSION OF FOSTERING NEW FRIENDSHIPS AND MORE INCLUSIVE COMMUNITIES THROUGH SPORTS AND EXERCISE. ALL PROGRAMS WERE OFFERED AT NOMINAL, OPTIONAL FEES THANKS TO THE GENEROUS SUPPORT OF LOCAL FOUNDATIONS, BUSINESSES AND PHILANTHROPIC LEADERS IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Thompson Trustee | Trustee | 7.5 | $0 |
Michael Heines Trustee | Trustee | 7.5 | $0 |
Kristin Gibbs Trustee | Trustee | 7.5 | $0 |
Tim Offtermatt Trustee | Trustee | 7.5 | $0 |
Cindy Reagan Trustee | Trustee | 7.5 | $0 |
Michael Charlillo Trustee | Trustee | 7.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,890 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $332,237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $337,127 |
| Total Program Service Revenue | $23,394 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,176 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $368,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,000 |
| Compensation of current officers, directors, key employees. | $19,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,173 |
| Pension plan accruals and contributions | $262 |
| Other employee benefits | $10,138 |
| Payroll taxes | $20,282 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,938 |
| Advertising and promotion | $0 |
| Office expenses | $13,730 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,603 |
| All other expenses | $0 |
| Total functional expenses | $378,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,016 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,016 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $30,016 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $30,016 |