Nonprofit screen
Screen a listCities for Financial Empowerment Fund Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$17Mrevenue
FY2025 · −37% in 3 yrs34staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin17.1%
Months of reserve16.9mo
Revenue growth (annualized)+8.4%
Middle half of peersMedianCities for Financial Empowerment
Where the money goes FY2025 · $14M spent
Programs$12M86%Management and general$1.2M8%Fundraising$861k6%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$2.8M in FY2023 and −$8.2M in FY2024. Cash covers 16.9 months, above the peer median of 3.3.
990 Part I and balance sheetIn its favor2
Strong governance
6 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
6 of the 10 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists20funders
$8.5Ma year, last 3 years
58%from its largest funder
Funder’17’18’19’20’21’22’23The Bloomberg Family Foundation IncStopped after FY2022$5.5M$7.1M$7.7M–Citi FoundationSince FY2020$5.0M$4.7M$3.5M$800kJpmorgan Chase FoundationStopped after FY2020$575k$625k$320k$205k–Freedom Together FoundationStopped after FY2021$500k$500k$300k$300k–WK Kellogg FoundationStopped after FY2019$375k$375k–The Bank of America Charitable Foundation IncStopped after FY2022$125k$50k$125k$150k$150k–Donor-advised giftsDonors not disclosed$150k$30k$5$5$160k$20k5 other fundersUp to $260k a year each$10k$150k$125k$485k$319k$245k
FundedThrough a donor-advised fundStopped