Totals
- Total revenue
- $1,681,967
- Total expenses
- $1,264,825
- Contributions and grants received
- $1,340,967
- Grants paid
- $0
- Program service revenue
- $365,047
- Investment income
- $2,252
- Other revenue
- -$26,299
- Total assets, end of year
- $838,296
- Total liabilities, end of year
- $156,714
- Net assets or fund balances, end of year
- $681,582
- Program services expenses (Part IX)
- $753,411
- Management and general expenses
- $497,062
- Fundraising expenses
- $14,352
- Program service expenses (Part III)
- $753,411
Program services were 59.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$67,500
-
1f · All other contributions, gifts and grants
$1,273,467
-
1g · Noncash contributions included above
$7,401
-
2a · Program service revenue: Tuition / Registrations
total $365,047 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,269 · unrelated business $0 · excluded $2,269
-
7b · Less cost or other basis and sales expenses
securities $17
-
7c · Gain or loss
securities -$17
-
7d · Net gain or loss
total -$17 · related or exempt $0 · unrelated business $0 · excluded -$17
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$67,500
-
8b · Fundraising events: direct expenses
$26,078
-
8c · Net income from fundraising events
total -$26,078 · unrelated business $0 · excluded -$26,078
-
10a · Gross sales of inventory
$3,737
-
10b · Cost of goods sold
$3,958
-
10c · Net income from sales of inventory
total -$221 · related or exempt -$221
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $142,240 · program services $108,229 · management and general $34,011 · fundraising $0
-
7 · Other salaries and wages
total $390,102 · program services $97,525 · management and general $292,577 · fundraising $0
-
9 · Other employee benefits
total $24,345 · program services $9,410 · management and general $14,935 · fundraising $0
-
10 · Payroll taxes
total $39,840 · program services $14,342 · management and general $25,498 · fundraising $0
-
11b · Fees: legal
total $4,835 · program services $0 · management and general $4,835 · fundraising $0
-
11c · Fees: accounting
total $80,719 · program services $0 · management and general $80,719 · fundraising $0
-
11g · Fees: other
total $183,590 · program services $173,790 · management and general $9,800 · fundraising $0
-
12 · Advertising and promotion
total $5,953 · program services $5,953 · management and general $0 · fundraising $0
-
13 · Office expenses
total $2,201 · program services $0 · management and general $2,201 · fundraising $0
-
14 · Information technology
total $23,914 · program services $18,666 · management and general $5,248 · fundraising $0
-
16 · Occupancy
total $254,635 · program services $244,984 · management and general $9,651 · fundraising $0
-
17 · Travel
total $2,530 · program services $0 · management and general $2,530 · fundraising $0
-
20 · Interest
total $2,430 · program services $0 · management and general $2,430 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $13,383 · program services $2,983 · management and general $10,400 · fundraising $0
-
23 · Insurance
total $10,302 · program services $9,272 · management and general $1,030 · fundraising $0
-
24a · Other expenses: Financial Aid / Scholarships
total $23,048 · program services $23,048 · management and general $0 · fundraising $0
-
24b · Other expenses: Bank & Service Fees
total $24,563 · program services $13,749 · management and general $848 · fundraising $9,966
-
24c · Other expenses: Other Fundraising Expense
total $4,386 · program services $0 · management and general $0 · fundraising $4,386
-
24d · Other expenses: Equipment
total $1,196 · program services $1,196 · management and general $0 · fundraising $0
-
24e · All other expenses
total $30,613 · program services $30,264 · management and general $349 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $183,313 · end of year $487,822
-
2 · Savings and temporary cash investments
beginning of year $150,972 · end of year $153,149
-
5 · Loans and receivables from officers and key people
beginning of year $43,086
-
8 · Inventories for sale or use
beginning of year $468 · end of year $1,351
-
9 · Prepaid expenses and deferred charges
end of year $17,719
-
10a · Land, buildings and equipment: cost or other basis
$150,028
-
10b · Land, buildings and equipment: accumulated depreciation
$2,983
-
10c · Land, buildings and equipment, net
end of year $147,045
-
11 · Investments: publicly traded securities
beginning of year $1,086
-
14 · Intangible assets
beginning of year $41,600 · end of year $31,200
-
15 · Other assets
beginning of year $260 · end of year $10
-
17 · Accounts payable and accrued expenses
beginning of year $2,220 · end of year $294
-
24 · Unsecured notes and loans payable
beginning of year $154,125 · end of year $156,420
-
27 · Net assets without donor restrictions
beginning of year $264,440 · end of year $681,582
Mission and programs · 2022
Mission
WE TEACH ALL THE SKILLS AND FUNDAMENTALS, THEN STEP IN AT OPPORTUNE TIMES DURING CLASSES TO TAKE ADVANTAGE OF GREAT TEACHING MOMENTS, WHICH ACCELERATES A STUDENT-ATHLETE'S DEVELOPMENT AND GROWTH POTENTIAL.
Activities or mission (Part I)
EMPOWER ME ACADEMY PROVIDES A HOLISTIC TRAINING EXPERIENCE FOR STUDENT ATHLETES TO DEVELOP BETTER ATTITUDES, COMMITMENT, AND DISCIPLINE. AS PART OF THE PROGRAM, STUDENT-ATHLETES WILL BECOME WELL-ROUNDED LEADERS AND ADULTS.
-
THE EMA PROCESS IS BASED ON LIFE LESSONS, THOUGHT-PROVOKING, AND MINDFUL DISCUSSIONS, AND EXPERIENCES WITH GREAT COACHING MENTORS. WE TEACH ALL THE SKILLS AND FUNDAMENTALS, THEN STEP IN AT OPPORTUNE TIMES DURING CLASSES TO TAKE ADVANTAGE OF GREAT TEACHING MOMENTS, WHICH ACCELERATES STUDENT DEVELOPMENT AND GROWTH POTENTIAL. THIS PROCESS HELPS STUDENT-ATHLETES PARTICIPATING IN THE PROGRAM BECOME MORE CONFIDENT AND POSITIVE LEADERS IN A CHANGING WORLD.
Expenses $753,411 · Revenue $370,826
As filed on the 2022 return.
Listed in Part VII
-
Anad Swaminathan
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Courtney Jones
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
David Glickman
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
George Gund V
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jerome Gumbs
Board Member
- Total calculated
- $142,240
- From this org
- $142,240
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,240
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $142,240
-
Keaton Carano
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Leraris
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
Nisba Desai
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Pamela Burke
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Paul Burke
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Victor Wang
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
William Olds
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Cisek
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Craig Slayen
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349308967
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