Empowerment Fund Project Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 874098376 ✦ Tenafly, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Empowerment Fund Project Inc?

Empowerment Fund Project Inc is a supporting organization that fosters the tax-exempt objectives of domestic nonprofits engaged in charitable, religious, and educational activities. In 2022, this organization took a proactive approach by launching an investment program for three beneficiaries: Liberty in North Korea, Young Life, and King's Kids. Throughout the year, Empowerment Fund Project kept a close eye on these organizations, holding regular conversations with their leaders to monitor their advancements towards their respective goals.

Is Empowerment Fund Project Inc legitimate?

Empowerment Fund Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empowerment Fund Project Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Empowerment Fund Project Inc?

Empowerment Fund Project Inc is an organization that helps further the charitable, religious, and educational goals of other domestic nonprofit entities. In line with this mission, they launched an investment program in 2022 for three supported organizations: Liberty in North Korea, Young Life, and King's Kids. Throughout the year, Empowerment Fund Project regularly checked in with the leaders of these organizations to discuss their progress towards their individual objectives. While the information does not provide a direct mission statement, it implies that Empowerment Fund Project's mission involves supporting and strengthening other nonprofit organizations in achieving their objectives.

Who is the CEO of Empowerment Fund Project Inc?

Unavailable

What is the revenue of Empowerment Fund Project Inc?

Empowerment Fund Project Inc's revenue in 2022 was $67,517.

Who are the executives of Empowerment Fund Project Inc and what are their salaries?


Here are 5 key members and their salaries:


Chung Ko (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juhee Choi (Treasurer, Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mooney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hyo Jung Baik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Empowerment Fund Project Inc?

Empowerment Fund Project Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Empowerment Fund Project Inc

Empowerment Fund Project, a supporting organization, is dedicated to furthering the charitable, religious, and educational objectives of domestic nonprofits. In line with its mission, EFP launched an investment program in 2022 for three beneficiary organizations: Liberty in North Korea, Young Life, and King's Kids. Throughout the year, EFP maintained regular communication with the leaders of these organizations, discussing their progress towards their respective goals. Empowerment Fund Project serves as a catalyst, providing financial backing and ongoing support to these nonprofits in their pursuit of their respective missions.

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Impact




October, 2024

Empowerment Fund Project Inc has made a significant impact by advancing the missions of various domestic nonprofit organizations through strategic support and investment. In 2022, EFP launched an investment program specifically aimed at enhancing the capabilities of three supported organizations: Liberty in North Korea, Young Life, and King's Kids. This initiative not only provided necessary resources but also fostered a collaborative environment by facilitating regular check-ins with the leaders of these organizations.

Through these discussions, EFP was able to monitor progress towards their goals, ensuring that the supported organizations remain aligned with their missions in charitable, religious, and educational activities. By focusing on these key areas, Empowerment Fund Project Inc plays a crucial role in strengthening the infrastructure and effectiveness of these nonprofits, ultimately contributing to their long-term success and the communities they serve.




This information is meant to be a general summary of Empowerment Fund Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$67,517 (2022)
Expenses
$128 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17
  • Gross Receipts: $67,517

Assets and Liabilities:

  • Total Assets: $35,118
  • Total Liabilities: $0
  • Net Assets: $35,118

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Organization Details

Main Address

400 Tenafly Road Suite 711, Tenafly, NJ, 076702218

NTEE Category

Code: X12 - Religion related

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