Mpowered is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 12/2022, Mpowered employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mpowered is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CEASED REGULAR BUSINESS OPERATIONS ON MAY 31, 2020. THE FINAL DISTRIBUTION OF ASSETS WAS MADE IN JULY 2022, AND THE ORGANIZATION OFFICIALLY CLOSED ON DECEMBER 31, 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Koutsakis Board Chair | 0.5 | $0 | |
Sarah Flischel Board Treasurer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $0 |
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 | $1,007 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $135 |
Total expenses | $85,142 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
Over the last fiscal year, Mpowered has awarded $110,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
COLORADO NONPROFIT DEV CENTER PURPOSE: To dispose of mPowered's assets | $100,000 |
MI CASA RESOURCE CENTER PURPOSE: To dispose of mPowered's assets | $10,000 |