Civic Intelligence

Empowered Youth Inc

EIN 75-3128668 • 501(c)3 • Miami, FL

Profile

To break the cycle of teens who are or have been in the juvenile detention center by empowering them to create a lasting transformation and a positive life for themselves and their communties.

1450 Brickell Bay Dr 314Miami, FL 33131

empoweredyouthusa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

88th percentile

0.51x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

17th percentile

-51%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$35,139

Down $37,072 (-51%) from 2020

Liabilities

Down

$17,920

Down $78,710 (-81%) from 2020

Net Assets

Up

$17,219

Up $41,638 (+171%) from 2020

Revenue

Up

$295,471

Up $35,982 (+14%) from 2020

Expenses

Down

$253,833

Down $74,298 (-23%) from 2020

Net Income

Up

$41,638

Up $110,280 (+161%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2013: $18,519Liabilities 2013: $14,182Net Assets 2013: $4,3372013Assets 2014: -$25Liabilities 2014: $14,068Net Assets 2014: -$14,0932014Assets 2015: $40,392Liabilities 2015: $2,000Net Assets 2015: $38,3922015Assets 2016: $44,858Liabilities 2016: $5,862Net Assets 2016: $38,9962016Assets 2017: $60,273Liabilities 2017: $6,224Net Assets 2017: $54,0492017Assets 2018: $103,637Liabilities 2018: $6,006Net Assets 2018: $97,6312018Assets 2019: $68,268Liabilities 2019: $24,045Net Assets 2019: $44,2232019Assets 2020: $72,211Liabilities 2020: $96,630Net Assets 2020: -$24,4192020Assets 2021: $35,139Liabilities 2021: $17,920Net Assets 2021: $17,2192021

Highlighted filing

2021

Assets$35,139
Liabilities$17,920
Net Assets$17,219

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2013: $94,345Expenses 2013: $106,644Net Income 2013: -$12,2992013Revenue 2014: $155,413Expenses 2014: $182,196Net Income 2014: -$26,7832014Revenue 2015: $229,758Expenses 2015: $177,273Net Income 2015: $52,4852015Revenue 2016: $206,399Expenses 2016: $205,795Net Income 2016: $6042016Revenue 2017: $240,230Expenses 2017: $225,177Net Income 2017: $15,0532017Revenue 2018: $237,034Expenses 2018: $193,452Net Income 2018: $43,5822018Revenue 2019: $176,060Expenses 2019: $229,468Net Income 2019: -$53,4082019Revenue 2020: $259,489Expenses 2020: $328,131Net Income 2020: -$68,6422020Revenue 2021: $295,471Expenses 2021: $253,833Net Income 2021: $41,6382021

Highlighted filing

2021

Revenue$295,471
Expenses$253,833
Net Income$41,638

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 16, 2022
Return Version
2021v4.0
Gross Receipts
$295,471
Mission and Program Overview

Mission

To break the cycle of teens who are or have been in the juvenile detention center by empowering them to create a lasting transformation and a positive life for themselves and their communties.

To break the cycle of teens who are or have been in the juvenile detention center by empowering them to create a lasting transformation and a positive life for themselves and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$32,693$28,825▼ $3,868
Cash and Non-Interest-Bearing Accounts$8,274$6,314▼ $1,960
Total Assets$72,211$35,139▼ $37,072
Other Assets Total$31,244--
Liabilities
Unsecured Notes Loans Payable$57,500--
Other Liabilities$39,130$17,920▼ $21,210
Total Liabilities$96,630$17,920▼ $78,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-24,419$17,219▲ $41,638
Total Net Assets Fund Balance$-24,419$17,219▲ $41,638
Total Liabilities and Net Assets / Fund Balance$72,211$35,139▼ $37,072

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$28,825$64,361$93,186
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sophia MontenegroChair of the
Carlos ValdesDirector
Jerry FickelCFO
Colleen AdamsExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$184,384
Program Service Revenue
$50,253
Investment Income
$0
Other Revenue
$60,834
Change in Net Assets
$41,638
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,280
Salaries, Compensation, and Employee Benefits$78,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$71,933--$71,933
All Other Expenses$24,194--$24,194
Fees for Services Other$19,762--$19,762
Insurance$12,897$2,611-$15,508
Advertising$14,136--$14,136
Other Expenses$9,915--$9,915
Payroll Taxes$6,620--$6,620
Fees for Services Accounting-$4,300-$4,300
Depreciation Depletion$3,868--$3,868
Information Technology$3,556--$3,556
Interest$2,092--$2,092
Office Expenses$241$1,038-$1,279
Conferences and Meetings$1,084--$1,084
Total Functional Expenses$245,884$7,949$0$253,833
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$14,424
Payroll Clearing$3,247
Sales Tax Payable$217
Payroll Taxes Payable$32
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

All members are given copies of form 990.

Form 990, Page 6, Part VI, Line 19

Any interested person or company can view the governing documents and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Empowered Youth Inc
EIN
75-3128668
Phone
7863174160
Address
1450 BRICKELL BAY DR 314, MIAMI, FL 33131

Signing Officer

Name
Jerry Fickel
Title
CFO
Phone
7863174160
Signed
2022-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen Adams
Formed
2006
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
28

Preparer

Firm
Padgett Business Services - Miami
Address
299 ALHAMBRA CIRCLE STE 307, CORAL GABLES, FL 33134-5113
Preparer
Dominic L Lamberti
Phone
3057409200
Supplemental Narrative

Additional Explanations

Form 990

Empowered youth inc 1450 brickell bay dr, 314 miami, fl 33131 ein: 75-3128668 ppp loan 1 forgiveness: 1. Rev. Proc. 2021-48, section 3.01(3) 2. Amt of tax-exempt income from forgiveness of ppp loan received during the tax year was: ppp 1 = 14375.00 3. Forgiveness of ppp loan 1 was granted as of the date this return is filed. Ppp loan 2 forgiveness: 1. Rev. Proc. 2021-48, section 3.01(2) 2. Amt of tax-exempt income from forgiveness of ppp loans received during the tax year was: ppp 2 = 46203.00 3. Forgiveness of ppp loan 1 was not granted as of the date this return is filed, but it was applied for.

Form 990, Page 1, Part I, Line 6

Volunteers provide training and mentoring to the youth involved in the program.

Form 990, Page 2, Part III, Line 4A

Empowered youth's main goal is getting the empowered youth cafe/food truck incubator program running successfully. The cafe/food truck operates as a training/job development program for students and graduates so they can get hands-on experience that will lead them to expanding the franchise and launching a vibe 305 franchise at the end of their training that will then train and employ more inner-city youths nationwide. The training period gives the time, exposure and discipline to perfect their management and cooking skills under the supervision of experts in the restaurant and food truck industries. The ultimate goal is for the young men and women to create a vibe 305 cafe truck franchise and share in the net profits of that activity and to give them a sustainable future to keep the cycle of prosperity moving forward.

Form 990, Page 2, Part III, Line 4D

SEE ABOVE

Raw XML Appendix364 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL TAXES PAYABLE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EMPOWERED YOUTH INC 1450 BRICKELL BAY DR, 314 MIAMI, FL 33131 EIN: 75-3128668 PPP LOAN 1 FORGIVENESS: 1. REV. PROC. 2021-48, SECTION 3.01(3) 2. AMT OF TAX-EXEMPT INCOME FROM FORGIVENESS OF PPP LOAN RECEIVED DURING THE TAX YEAR WAS: PPP 1 = 14375.00 3. FORGIVENESS OF PPP LOAN 1 WAS GRANTED AS OF THE DATE THIS RETURN IS FILED. PPP LOAN 2 FORGIVENESS: 1. REV. PROC. 2021-48, SECTION 3.01(2) 2. AMT OF TAX-EXEMPT INCOME FROM FORGIVENESS OF PPP LOANS RECEIVED DURING THE TAX YEAR WAS: PPP 2 = 46203.00 3. FORGIVENESS OF PPP LOAN 1 WAS NOT GRANTED AS OF THE DATE THIS RETURN IS FILED, BUT IT WAS APPLIED FOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS PROVIDE TRAINING AND MENTORING TO THE YOUTH INVOLVED IN THE PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EMPOWERED YOUTH'S MAIN GOAL IS GETTING THE EMPOWERED YOUTH CAFE/FOOD TRUCK INCUBATOR PROGRAM RUNNING SUCCESSFULLY. THE CAFE/FOOD TRUCK OPERATES AS A TRAINING/JOB DEVELOPMENT PROGRAM FOR STUDENTS AND GRADUATES SO THEY CAN GET HANDS-ON EXPERIENCE THAT WILL LEAD THEM TO EXPANDING THE FRANCHISE AND LAUNCHING A VIBE 305 FRANCHISE AT THE END OF THEIR TRAINING THAT WILL THEN TRAIN AND EMPLOY MORE INNER-CITY YOUTHS NATIONWIDE. THE TRAINING PERIOD GIVES THE TIME, EXPOSURE AND DISCIPLINE TO PERFECT THEIR MANAGEMENT AND COOKING SKILLS UNDER THE SUPERVISION OF EXPERTS IN THE RESTAURANT AND FOOD TRUCK INDUSTRIES. THE ULTIMATE GOAL IS FOR THE YOUNG MEN AND WOMEN TO CREATE A VIBE 305 CAFE TRUCK FRANCHISE AND SHARE IN THE NET PROFITS OF THAT ACTIVITY AND TO GIVE THEM A SUSTAINABLE FUTURE TO KEEP THE CYCLE OF PROSPERITY MOVING FORWARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEE ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL MEMBERS ARE GIVEN COPIES OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANY INTERESTED PERSON OR COMPANY CAN VIEW THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JERRY FICKEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07863174160
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMPOWERED YOUTH INC
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ReturnHeader/Filer/PhoneNum07863174160
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650833219
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PADGETT BUSINESS SERVICES - MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0299 ALHAMBRA CIRCLE STE 307
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331345113
ReturnHeader/PreparerPersonGrp/PhoneNum03057409200
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOMINIC L LAMBERTI
ReturnHeader/ReturnTs02022-09-16T16:38:43-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FICKEL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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