Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.89x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$6,652
No earlier filing loaded for comparison.
Net Assets
-$12,558
No earlier filing loaded for comparison.
Liabilities
$19,210
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$79,546
No earlier filing loaded for comparison.
Expenses
$111,461
No earlier filing loaded for comparison.
Net Income
-$31,915
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Mar 9, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $79,546
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 |
|---|---|---|
| THE ORGANIZATION CONDUCTED 66 EVENTS IN DALLAS AND HOUSTON WITH 1,326 ATTENDEES. TOTAL PROGRAMS, INCLUDING 40 VIRTUAL EVENTS RECEIVED 125,959 YOU TUBE VIEWS - AN INCREASE OF 61% OVER THE PRIOR YEAR. VIRTUAL EVENTS INCLUDE LIVE PODCASTS WITH GUESTS PROVIDING EDUCATION TO ASSIST VIEWERS IN STARTING BUSINESSES, IMPROVING THEIR FINANCIAL POSITION, SCHOLARSHIPS FOR COLLEGE, PURCHASING A HOME, ESTATE PLANNING, LIFE INSURANCE PLANNING, PERSONAL DEVELOPMENT, CREDIT MANAGEMENT, AND A GROWTH MINDSET. | - | $79,663 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CLIFTON E JOHNSON | Executive Di | FT | $0 | - | - |
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
- 2020-03-09
- 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 1,174 total 1,174”
Form 990-ez, Part I, Line 16
“Expenses advertising 3,139 supplies 1,717 books/reference material 620 dues 1,000 staff development 1,332 computer expense 2,491 travel 11,164 conferences 9,160 interest 329 filing fees 275 bank fees 82 merchant card fees 73 parking,rents,utilites 269 equipment rental and mai 1,444 food & water 292 total 33,387”
Form 990-ez, Part II, Line 24
“Pledges receivable 20,600 0 total 20,600 0”
Form 990-ez, Part II, Line 26
“Accounts payable 0 0 credit card payable 0 9,773 loan from officer 4,955 9,437”
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
“The organization conducted 66 events in dallas and houston with 1,326 attendees. Total programs, including 40 virtual events received 125,959 you tube views - an increase of 61% over the prior year. Virtual events include live podcasts with guests providing education to assist viewers in starting businesses, improving their financial position, scholarships for college, purchasing a home, estate planning, life insurance planning, personal development, credit management, and a growth mindset.”
Raw XML Appendix133 raw XML fields
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/BooksInCareOfDetail/PersonNm | 0 | CLIFTON E JOHNSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2146367516 |
| 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 | 3712 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6652 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 74094 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -31915 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 77359 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 24312 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6652 |
| IRS990EZ/GrossReceiptsAmt | 0 | 79546 |
| 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 | 19357 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -12558 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 19357 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -12558 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CLIFTON E JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 20600 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 33387 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1174 |
| 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 | 715 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 4278 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION CONDUCTED 66 EVENTS IN DALLAS AND HOUSTON WITH 1,326 ATTENDEES. TOTAL PROGRAMS, INCLUDING 40 VIRTUAL EVENTS RECEIVED 125,959 YOU TUBE VIEWS - AN INCREASE OF 61% OVER THE PRIOR YEAR. VIRTUAL EVENTS INCLUDE LIVE PODCASTS WITH GUESTS PROVIDING EDUCATION TO ASSIST VIEWERS IN STARTING BUSINESSES, IMPROVING THEIR FINANCIAL POSITION, SCHOLARSHIPS FOR COLLEGE, PURCHASING A HOME, ESTATE PLANNING, LIFE INSURANCE PLANNING, PERSONAL DEVELOPMENT, CREDIT MANAGEMENT, AND A GROWTH MINDSET. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 79663 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 4955 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 19210 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 111461 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 79663 |
| IRS990EZ/TotalRevenueAmt | 0 | 79546 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 74094 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 74094 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 74094 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 74094 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 4278 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 4278 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 4278 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5576 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 78372 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 68518 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 78372 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 78372 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 74094 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 74094 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 74094 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 78372 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 78372 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADVERTISING REVENUE 1,174 TOTAL 1,174 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 3,139 SUPPLIES 1,717 BOOKS/REFERENCE MATERIAL 620 DUES 1,000 STAFF DEVELOPMENT 1,332 COMPUTER EXPENSE 2,491 TRAVEL 11,164 CONFERENCES 9,160 INTEREST 329 FILING FEES 275 BANK FEES 82 MERCHANT CARD FEES 73 PARKING,RENTS,UTILITES 269 EQUIPMENT RENTAL AND MAI 1,444 FOOD & WATER 292 TOTAL 33,387 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PLEDGES RECEIVABLE 20,600 0 TOTAL 20,600 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE 0 0 CREDIT CARD PAYABLE 0 9,773 LOAN FROM OFFICER 4,955 9,437 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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 | 5 | THE ORGANIZATION CONDUCTED 66 EVENTS IN DALLAS AND HOUSTON WITH 1,326 ATTENDEES. TOTAL PROGRAMS, INCLUDING 40 VIRTUAL EVENTS RECEIVED 125,959 YOU TUBE VIEWS - AN INCREASE OF 61% OVER THE PRIOR YEAR. VIRTUAL EVENTS INCLUDE LIVE PODCASTS WITH GUESTS PROVIDING EDUCATION TO ASSIST VIEWERS IN STARTING BUSINESSES, IMPROVING THEIR FINANCIAL POSITION, SCHOLARSHIPS FOR COLLEGE, PURCHASING A HOME, ESTATE PLANNING, LIFE INSURANCE PLANNING, PERSONAL DEVELOPMENT, CREDIT MANAGEMENT, AND A GROWTH MINDSET. |
| 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 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | 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 | 2020-03-09 |
| 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 | 2021-04-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JENNIFER MORROW |
| ReturnHeader/ReturnTs | 0 | 2021-10-15T16:57:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,652
- Liabilities
- $19,210
- Net assets
- -$12,558
- Revenue
- $79,546
- Expenses
- $111,461
- Net income
- -$31,915