ZUnclassifiedEIN: 237364157· Ruling Year: 1974

Empower Somerset Inc

Somerville, New Jersey

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.15×
Peer Median15.40×
💰
$2.6M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$364K
Net Assets
📋
$598K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.1%
Year-over-year change (2022 → 2023)
Net Margin
+2.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.15
Net assets divided by total expenses
Liabilities-to-Assets
62.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,557,05919%$2,500,43919%$961,10013%
2022$2,147,39034%$2,109,06440%$1,104,64263%
2021$1,596,95213%$1,506,26213%$677,63363%
2020$1,414,91624%$1,330,59727%$415,690118%
2019$1,139,1985%$1,046,4613%$190,917129%
2018$1,082,0498%$1,083,7258%$83,2103%
2017$1,179,3427%$1,181,1188%$85,89629%
2016$1,101,2361%$1,094,8692%$121,32222%
2015$1,106,84612%$1,113,96914%$99,2633%
2014$987,67519%$978,66515%$96,6099%
2013$830,20212%$852,1309%$106,31746%
2012$941,0523%$932,3942%$72,60643%
2011$917,411$910,900$127,344

Frequently Asked Questions

What does Empower Somerset Inc do?

Empower Somerset Inc is a unclassified nonprofit organization based in New Jersey. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Empower Somerset Inc financially healthy?

Based on our 9-metric Financial Health Score model, Empower Somerset Inc has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Empower Somerset Inc generate?

Empower Somerset Inc reports $3.1M in annual revenue and holds $1.0M in total assets, based on IRS filings.

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Empower Somerset Inc — Somerville, NJ | GiveScope