Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.15x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 17.4% of source-year revenue.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
63rd percentile
Faster revenue growth than 63% of similar nonprofits.
Balance Sheet
Assets
Up$30,040
Up $23,388 (+352%) from 2019
Net Assets
Up$25,440
Up $37,998 (+303%) from 2019
Liabilities
Down$4,600
Down $14,610 (-76%) from 2019
Revenue And Expenses
Revenue
Down$79,123
Down $423 (-0.5%) from 2019
Expenses
Down$41,125
Down $70,336 (-63%) from 2019
Net Income
Up$37,998
Up $69,913 (+219%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Apr 7, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $79,123
Mission and Program Overview
Mission
Delivers Personal Development and Financ
To positively impact the world by inspiring people to thrive in every area of their lives. Provide personal development and financial literacy educational programs to children, teenagers, adults and the elderly. Programs provide hope,inspiration, education and connections to resources to help students and adults reach their personal, professional, and financial goals.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $28,297 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CLIFTON E JOHNSON | Executive Di | FT | $13,800 | - | $13,800 |
Filing and Contact Details
Filer
- Filer Name
- Empower Series Inc
- EIN
- 47-4688593
- Address
- PO BOX 701521, DALLAS, TX 75370
Signing Officer
- Name
- Clifton E Johnson
- Title
- Executive Director
- Phone
- 2142796930
- Signed
- 2021-04-07
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Jennifer R Morrow CPA Pc
- Address
- 14354 PROTON RD, DALLAS, TX 75244
- Preparer
- Jennifer Morrow
- Phone
- 9403903892
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Advertising revenue 1,292 total 1,292”
Form 990-ez, Part I, Line 16
“Expenses advertising 916 supplies 822 telephone 218 filing fees 320 bank fees 62 computer expense 4,869 travel 647 meals 255 lodging 478 conferences-meals 1,513 interest 654 total 10,754”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 4,600 accounts payable 0 0 credit card payable 9,773 0 loan from officer 9,437 0”
Form 990-ez, Part III
“To positively impact the world by inspiring people to thrive in every area of their lives. Provide personal development and financial literacy educational programs to children, teenagers, adults and the elderly. Programs provide hope,inspiration, education and connections to resources to help students and adults reach their personal, professional, and financial goals.”
Form 990-ez, Part III, Line 28
“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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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CLIFTON E JOHNSON |
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| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1122 JACKSON TX 516 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DALLAS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75202 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 6652 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 30040 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 77831 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 37998 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 27611 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 6652 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 30040 |
| IRS990EZ/GrossReceiptsAmt | 0 | 79123 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -12558 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25440 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -12558 |
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| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10754 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1292 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO POSITIVELY IMPACT THE WORLD BY INSPIRING PEOPLE TO THRIVE IN EVERY AREA OF THEIR LIVES. PROVIDE PERSONAL DEVELOPMENT AND FINANCIAL LITERACY EDUCATIONAL PROGRAMS TO CHILDREN, TEENAGERS, ADULTS AND THE ELDERLY. PROGRAMS PROVIDE HOPE,INSPIRATION, EDUCATION AND CONNECTIONS TO RESOURCES TO HELP STUDENTS AND ADULTS REACH THEIR PERSONAL, PROFESSIONAL, AND FINANCIAL GOALS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 782 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 28297 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 19210 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4600 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 41125 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 28297 |
| IRS990EZ/TotalRevenueAmt | 0 | 79123 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 77831 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 74094 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 151925 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 4278 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 4278 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 156203 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 77831 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 78372 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 156203 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 77831 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 78372 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 156203 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADVERTISING REVENUE 1,292 TOTAL 1,292 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 916 SUPPLIES 822 TELEPHONE 218 FILING FEES 320 BANK FEES 62 COMPUTER EXPENSE 4,869 TRAVEL 647 MEALS 255 LODGING 478 CONFERENCES-MEALS 1,513 INTEREST 654 TOTAL 10,754 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 4,600 ACCOUNTS PAYABLE 0 0 CREDIT CARD PAYABLE 9,773 0 LOAN FROM OFFICER 9,437 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO POSITIVELY IMPACT THE WORLD BY INSPIRING PEOPLE TO THRIVE IN EVERY AREA OF THEIR LIVES. PROVIDE PERSONAL DEVELOPMENT AND FINANCIAL LITERACY EDUCATIONAL PROGRAMS TO CHILDREN, TEENAGERS, ADULTS AND THE ELDERLY. PROGRAMS PROVIDE HOPE,INSPIRATION, EDUCATION AND CONNECTIONS TO RESOURCES TO HELP STUDENTS AND ADULTS REACH THEIR PERSONAL, PROFESSIONAL, AND FINANCIAL GOALS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CLIFTON E JOHNSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2142796930 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-04-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | EMPOWER SERIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | EMPO |
| ReturnHeader/Filer/EIN | 0 | 474688593 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 701521 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DALLAS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75370 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 202717069 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JENNIFER R MORROW CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 14354 PROTON RD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DALLAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75244 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9403903892 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-10-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JENNIFER MORROW |
| ReturnHeader/ReturnTs | 0 | 2021-10-15T16:51:28-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CLIFTON |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | DAVIS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $30,040
- Liabilities
- $4,600
- Net assets
- $25,440
- Revenue
- $79,123
- Expenses
- $41,125
- Net income
- $37,998