Empower Series Inc
- Assets
- $30.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/2016
- Data as of
- 12/2020
- EIN
- 47-4688593
Organization Overview
Empower Series Inc is located in Dallas, TX. The organization was established in 2016. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empower Series Inc 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 12/2020, Empower Series Inc generated $79.1k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $41.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (39.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
SIX IN-PERSON WORKSHOPS WERE HELD DURING JANUARY AND FEBRUARY SERVING 263 ATTENDEES ADDRESSING VISIONING, GOAL SETTING, ENTREPRENEURSHIP,, WORKING WITH SOCIAL MEDIA INFLUENCERS AND FINDING CPITAL TO FUND A BUSINESS. A TOTAL OF 35 EVENTS WERE HELD, INCLUDING 29 VIRTUAL EVENTS. THESE EVENTS RECEIVED 102,512 YOUTUBE VIEWS WITH 25,518 TOTAL HOURS WATCHED. YOU TUBE SUBSCRIBERS INCREASED BY 1,749 TO 5,711. TOPICS COVERED INCLUDED COVID-19 RESOURCES FOR MANAGING FINANCES AND CREDIT, RECOVERING FROM FINANCIAL SETBACKS, SBA RESOURCE PARTNERS AND LOAN PROGRAMS, ENTREPRENEURSHIP, LIFE INSURANCE PLANNING, HOME PURCHASE, ESTATE PLANNING, PERSONAL DEVELOPMENT, AND VISIONS AND GOAL SETTING.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,831 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,292 |
| Total Revenue | $79,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $27,611 |
| Occupancy, rent, utilities, and maintenance | $1,978 |
| Printing, publications, postage, and shipping | $782 |
| Other expenses | $10,754 |
| Total expenses | $41,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,040 |
| Other assets | $0 |
| Total assets | $30,040 |
| Total liabilities | $4,600 |
| Net assets or fund balances | $25,440 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Empower Series Inc has recieved totaling $6.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
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