Empower Cocke County FY2022 filing

Newport, TN · Religious organization

✓ Tax-deductible Latest data FY2022
Revenue
$150K
▼ -35% vs prior year
Spent
$135K
To programs
91%
Net assets
$252K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. East Tennessee Foundation
$33K in the latest grant year.
Spent on programs?
91% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -35% vs prior year
Legal name (IRS)Hdr · item CEmpower Cocke County
EINHdr · item D46-3568289
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFDec 1991
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CNewport, TN
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.empowercockecounty.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$123K
Management & general9%$12K
Total functional expensesLn 25$135K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$150K
FY2022▼ -35%
Expenses
$135K
FY2022▼ -19%
Program efficiency
91%
of spending reaches programs
Operating runway
11.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$424K
FY2022▲ +19%
Total liabilities
$172K
FY2022▲ +43%
Revenue less expensesPt I · Ln 19$15K
Total assetsPt X · Ln 16$424K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$130K
Total assetsLn 16$424K
Total liabilitiesLn 26$172K
Total net assetsLn 32$252K
Months of cash on handcomputed11.6

Statement of Revenue

Part VIII
Contributions & grants$88K · 59%
Other revenue$60K · 40%
Program service revenue$2K · 1%
Contributions & grants59%$88K
Other revenue40%$60K
Program service revenue1%$2K
Investment income$34
— government grantsLn 1e$25K
Total revenueLn 12$150K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $130K · Operating expenses/yr $135K
11.6 months
Where the money goes
Program services
Program services $123K · Total expenses $135K
91%
Management & General
Management & general $12K · Total expenses $135K
9%
Fundraising
Fundraising $0 · Total expenses $135K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $127K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $88K · Total revenue $150K
59%
Government reliance
Government grants $25K · Total revenue $150K
17%
Earned-income share
Program service revenue $2K · Total revenue $150K
1%
Investment reliance
Investment income $34 · Total revenue $150K
+0.02%
Program self-sufficiency
Program service revenue $2K · Total expenses $135K
1%
Growth & trend
Revenue growth (YoY)
This year $150K · Prior year $232K
-35%
Net-asset trend (YoY)
End of year $252K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $150K · Expenses $135K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $424K
—
Net-asset ratio
Net assets $252K · Total assets $424K
59%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $424K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Melissa Ball · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $135K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $61K · Total expenses $135K
45%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 9%——
Fundraising cost ratio 0%——
Revenue growth -35%——
Accounting fee ratio 0.4%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Empower Cocke County executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Churches collaborate to reach people in Cocke County through evangelism and community events.

Provided by the organization

This section is blank until Empower Cocke County claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $123K of program spending, described in the organization's own filed words · FY2022.
01

To provide counseling, emergency food and utility services, education as well as job training to eligible clients in the cocke county area

$123Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$33K

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $498K$218K+104% 990 PDF
FY2023 $244K$154K+63% 990 PDF
FY2022 Viewing $150K$135K-35% 990 PDF
FY2021 $232K$167K+6% 990 PDF
FY2020 $218K$184K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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