Education Empowerment is located in Racine, WI. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Empowerment 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, Education Empowerment generated $24.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $23.9k during the year ending 12/2022. While expenses have increased by 10.3% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACADEMIC ACHIEVEMENT AWARDS THIS YEAR 49 STUDENTS ENROLLED IN ELEMENTARY, HIGH SCHOOL AND COLLEGE WORKED TO ACHIEVE ACADEMIC EXCELLENCE STUDENTS WERE PROVIDED ACADEMIC ACHIEVEMENT AWARDS. EMPOWER STUDENTS TO TAKE CHARGE OF THEIR ACADEMIC FUTURE
GRADUATION AWARDS THIS YEAR 24 ELEMENTARY, HIGH SCHOOL AND COLLEGE SUCCESSFULLY GRADUATE. THIS SUCCESS IS EMPOWER STUDENTS GROWTH AT EVERY LEVEL TO ACCOMPLISH THESE MILESTONES.
ORGANIZATION AWARDS THIS YEAR 4 ORGANIZATION SCHOOLS AND NOT-FOR-PROFIT ORGANIZATIONS THAT ASSIST STUDENTS RECEIVED AWARDS.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $24,550 |
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 | $17 |
Total Revenue | $24,567 |
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 | $1,710 |
Printing and publications | $375 |
Other expenses | $4,289 |
Total operating and administrative expenses | $8,438 |
Contributions, gifts, grants paid | $15,506 |
Total expenses and disbursements | $23,944 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,793 |
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 | $0 |
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 | $1,793 |
Accounts payable and accrued expenses | $535 |
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 | $535 |
Over the last fiscal year, Education Empowerment has awarded $13,889 in support to 34 organizations.
Grant Recipient | Amount |
---|---|
JAVON CARR PURPOSE: ACADEMIC AWARDS | $300 |
THEODORE REY PURPOSE: ACADEMIC AWARDS | $950 |
ISRAEL BUNKEY PURPOSE: ACADEMIC AWARDS | $175 |
JADA CARR PURPOSE: ACADEMIC AWARDS | $200 |
AVA KOEPEL PURPOSE: ACADEMIC AWARDS/GRADUATION AWARDS | $1,100 |
GABRIELLE WILLIAMS PURPOSE: ACADEMIC AWARDS | $850 |