Empower Somerset Inc
Somerville, New Jersey
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,557,059↑19% | $2,500,439↑19% | $961,100↓13% | |
| 2022 | $2,147,390↑34% | $2,109,064↑40% | $1,104,642↑63% | — |
| 2021 | $1,596,952↑13% | $1,506,262↑13% | $677,633↑63% | — |
| 2020 | $1,414,916↑24% | $1,330,597↑27% | $415,690↑118% | — |
| 2019 | $1,139,198↑5% | $1,046,461↓3% | $190,917↑129% | — |
| 2018 | $1,082,049↓8% | $1,083,725↓8% | $83,210↓3% | — |
| 2017 | $1,179,342↑7% | $1,181,118↑8% | $85,896↓29% | — |
| 2016 | $1,101,236↓1% | $1,094,869↓2% | $121,322↑22% | — |
| 2015 | $1,106,846↑12% | $1,113,969↑14% | $99,263↑3% | — |
| 2014 | $987,675↑19% | $978,665↑15% | $96,609↓9% | — |
| 2013 | $830,202↓12% | $852,130↓9% | $106,317↑46% | — |
| 2012 | $941,052↑3% | $932,394↑2% | $72,606↓43% | — |
| 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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