Appalachian Commerce & Development
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Boosts regional economy and quality of life through job and business support. For fiscal year 2024 it reported $265K in revenue, $439K in expenses, and $-233K in net assets.Pt I
Summary of the Filing
Where the work happens
The mission of the Empower Academy is provide educational opportunities in the beauty field to provide skills sets that can be used to obtain jobs in the beauty industry.
The mission is to grow the regional economy and quality of life by providing resources for job development, business creation, expansion, retention, new business recruitment, and community development. By year end 2022, the organization had purchased to repurpose an old high school in the local downtown area of Russell, KY.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 100% | — | — |
| Overhead ratio | 0% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 425% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
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.
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