Empower Liberia Inc
- Assets
- $533.8k
- Revenue
- $500.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockwall, TX
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 82-1914921
Organization Overview
Empower Liberia Inc is located in Rockwall, TX. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empower Liberia 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 12/2022, Empower Liberia Inc generated $500.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 69.5% each year . All expenses for the organization totaled $148.6k during the year ending 12/2022. While expenses have increased by 21.4% per year over the past 3 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.
Since 2021, Empower Liberia Inc has awarded 14 individual grants totaling $246,981. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELP WITH TUITION AND LIVING EXPENSES TO THOSE IN GBARNGA, BONG COUNTY, LIBERIA.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Andrews President | 1 | $0 | |
Teresa Andrews Vice President | 3 | $0 | |
Kevin Lloyd Secretary / Treasurer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $500,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $891 |
| Total operating and administrative expenses | $2,541 |
| Contributions, gifts, grants paid | $146,012 |
| Total expenses and disbursements | $148,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $502,672 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $31,160 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $533,832 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Empower Liberia Inc has awarded $146,012 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SAYWALA KARSOR PURPOSE: HOUSING, LIVING EXPENSES, AND TUITION | $37,080 |
ISAAC SUPAC PURPOSE: TUITION | $1,931 |
JACOB SUMO PURPOSE: LIVING EXPENSES. | $1,651 |
LIBERIA MERCY PARTNERS PURPOSE: DONATION TO A DOMESTICALLY REGISTRED CHARITABLE ORGANIZATION. | $4,000 |
EDIFY PURPOSE: DONATION TO A DOMESTICALLY REGISTRED CHARITABLE ORGANIZATION. | $100,000 |
HOLLAND FOUNDATION PURPOSE: DONATION TO A DOMESTICALLY REGISTRED CHARITABLE ORGANIZATION. | $1,000 |