Empowerment Plan
- Assets
- $5.5m
- Revenue
- $3.4m
- Investments
- $292.4k
- Employees
- 69
- Location
- Detroit, MI
- Founding
- 10/2012
- Data as of
- 03/2023
- EIN
- 45-3265365
Organization Overview
Empowerment Plan is located in Detroit, MI. The organization was established in 2012. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 03/2023, Empowerment Plan employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empowerment Plan 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 03/2023, Empowerment Plan generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $3.4m during the year ending 03/2023. While expenses have increased by 12.3% per year over the past 8 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
TO BREAK THE CYCLE OF GENERATIONAL POVERTY BY EMPLOYING AND TRAINING HOMELESS INDIVIDUALS WHO MANUFACTURE SLEEPING BAG COATS FOR THOSE IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DESIGNS, PRODUCES, AND DISTRIBUTES COATS THAT WILL PROTECT HOMELESS INDIVIDUALS FROM THE HARSH ELEMENTS. THROUGH PARTNERSHIPS WITH HUNDREDS OF OUTREACH ORGANIZATIONS AROUND THE GLOBE, THE ORGANIZATION IS ABLE TO SPREAD THE WARMTH AND EMPOWER COMMUNITIES NEAR AND FAR. 9,539 COATS WERE PRODUCED BY THE PRODUCTION TEAM, AND 9,429 COATS WERE DISTRIBUTED TO THOSE IN NEED.
THE ORGANIZATION PROVIDES TRAINING AND EMPLOYMENT TO HOMELESS INDIVIDUALS FOR PARTICIPATION IN THE COAT MANUFACTURING PROCESS. THE ORGANIZATION'S WORKFORCE DEVELOPMENT PROGRAM SAW DEEPENING SUCCESS THIS YEAR, AS 56 INDIVIDUALS WERE EMPLOYED, WITH SEVEN GRADUATING INTO STABLE JOBS. THE ORGANIZATION'S INNOVATIVE MODEL PAIRS FULL-TIME EMPLOYMENT WITH A WIDE RANGE OF SUPPORTIVE SERVICES, ADDRESSING EVERYTHING FROM HOUSING AND CHILDCARE TO TRANSPORTATION, EDUCATION, AND MORE. WITH THE ORGANIZATION'S COMMUNITY OF PARTNERS, THE ORGANIZATION HAS CREATED AN ECOSYSTEM OF SUPPORT THAT HELPS PEOPLE ACHIEVE FINANCIAL STABILITY AND INDEPENDENCE FOR THEIR WHOLE FAMILY. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.DURING A TYPICAL 40-HOUR WORKWEEK, APPROXIMATELY 60 PERCENT OF THE PAID TIME IS DEDICATED TO COAT PRODUCTION, AND THE REMAINING 40 PERCENT IS DEDICATED TO EDUCATIONAL PROGRAMMING AND SUPPORTIVE SERVICES. THREE NEW PROGRAM PARTNERS JOINED THE ORGANIZATION THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronika Scott President | OfficerTrustee | 40 | $149,141 |
Steve Hamp Chair | OfficerTrustee | 1 | $0 |
Sheilah Clay Vice-Chair | OfficerTrustee | 1 | $0 |
Tiffany Ford Treasurer | OfficerTrustee | 1 | $0 |
Robyn Glaser Secretary | OfficerTrustee | 1 | $0 |
Tonya Allen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,390,202 |
| Noncash contributions included in lines 1a–1f | $76,427 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,390,202 |
| Total Program Service Revenue | $0 |
| Investment income | $404 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$250 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,715 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,408,397 |
| 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. | $265,498 |
| Compensation of current officers, directors, key employees. | $42,018 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,527,372 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $88,693 |
| Payroll taxes | $148,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,507 |
| Advertising and promotion | $10,396 |
| Office expenses | $31,503 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $177,035 |
| Travel | $22,240 |
| 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 | $158,246 |
| Insurance | $23,020 |
| All other expenses | $15,583 |
| Total functional expenses | $3,354,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,658,999 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $636,437 |
| Accounts receivable, net | $1,810 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $233,260 |
| Prepaid expenses and deferred charges | $32,114 |
| Net Land, buildings, and equipment | $478,300 |
| Investments—publicly traded securities | $173,546 |
| Investments—other securities | $292,440 |
| Investments—program-related | $0 |
| Intangible assets | $60,374 |
| Other assets | $949,709 |
| Total assets | $5,516,989 |
| Accounts payable and accrued expenses | $175,638 |
| 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 | $1,498,812 |
| Total liabilities | $1,674,450 |
| Net assets without donor restrictions | $3,064,020 |
| Net assets with donor restrictions | $778,519 |
| 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 | $5,516,989 |