Mpower Approach INC EIN 20-5349796 Form 990 (PDF) Claim this org

Mpower Approach INC

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Equips ministries and churches with technology and skills for self-supporting outreach. For fiscal year 2024 it reported $307K in revenue, $234K in expenses, and $185K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Crestwood, KY
Website
www.mpowerapproach.org
Filings
5 on file (2020–2024)
Revenue
$307KFY2024
Expenses
$234K
Net assets
$185K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-5349796 Public charity (501(c)(3)) Crestwood, KY
Form 990 (PDF)
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Size
$100K–1M
What they do
Equips ministries and churches with technology and skills for self-supporting outreach.
Leadership
Tim Williams · President · $20K
Money in and out
$307K revenue, $234K expenses
Bottom line
60% program efficiency
Where the money goes · FY2024
Total revenue
$307K
Pt VIII · Ln 12
Total expenses
$234K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $73K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.36 Fundraising $0.03
Program efficiency
60%
of spending reaches programs▼ -17% vs prior filing year
Operating runway
9.0mo
months of highly liquid reserves at operating expense rate▲ +67% vs prior filing year
Surplus margin
+24%
revenue over expenses, this year▲ +188% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$307K
FY2024▲ +78%
Expenses
$234K
FY2024▲ +7%
Total assets
$185K
FY2024▲ +65%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$307K
Pt VIII · Ln 12
Total expenses
$234K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$73K
Total assetsPt X · Ln 16$185K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMpower Approach INC
EINHdr · item D20-5349796
Principal addressHdr · item CCrestwood, KY
WebsiteHdr · item Jwww.mpowerapproach.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E197)
Ruling yearIRS BMFSep 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$20,000Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Tim Williams’s $20K as President is at the 12th percentile of top reported officer pay among 1965 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Linda Webster$35,000$32,083$32,083
Tim Williams$20,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $141K of program spending, described in the organization's own filed words · FY2024.
01

Trained individuals in foreign countries on the basics of dentistry and other health related services; provided critical dental, vision, and education supplies to support missionaries in foreign countries.

$141Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$299K · 97%
Other revenue$8K · 3%
Contributions & grants97%$299K
Other revenue3%$8K
Investment income$2
Total revenueLn 12$307K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.36 Fundraising $0.03
Program services60%$141K
Management & general36%$85K
Fundraising3%$8K
Total functional expensesLn 25$234K

Balance Sheet

Part X · end of year
CashLn 1$176K
Total assetsLn 16$185K
Total liabilitiesLn 26$0
Total net assetsLn 32$185K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $176K · Operating expenses/yr $234K
9.0 months
Where the money goes
Program services
Program services $141K · Total expenses $234K
60%
Management & General
Management & general $85K · Total expenses $234K
36%
Fundraising
Fundraising $8K · Total expenses $234K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $20K · Solicited contributions (3-yr avg) $204K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $299K · Total revenue $307K
97%
Government reliance
Government grants — · Total revenue $307K
Earned-income share
Program service revenue $0 · Total revenue $307K
0%
Investment reliance
Investment income $2 · Total revenue $307K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $234K
0%
Growth & trend
Revenue growth (YoY)
This year $307K · Prior year $172K
+78%
Revenue CAGR
FY2020 $86K · FY2024 $307K
+37%
Net-asset trend (YoY)
End of year $185K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $307K · Expenses $234K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $185K
Net-asset ratio
Net assets $185K · Total assets $185K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $185K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tim Williams · Reported title President · Highest reported compensation $20K · Total expenses $234K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $65K · Total expenses $234K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 36%
Fundraising cost ratio 3%
Revenue growth 78%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$29K
Grants paid · 2 grants · $75K · 2020–2021
Unitemized GrantFY2021$25,100
Unitemized GrantFY2020$49,517

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$307K revenue · viewing · ⤓ 990 PDF
FY2023$172K revenue · ⤓ 990 PDF
FY2022$91K revenue · ⤓ 990 PDF
FY2021$196K revenue · ⤓ 990 PDF
FY2020$86K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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