Community Economic Empowerment Network
Nonprofit profile at a glance
- EIN
- 871091024
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Woodbury, MN, USA
- Phone
- 6128877779
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Financial Counseling
Reported finances
- Revenue
- $176,802
- Expenses
- $176,383
- Assets
- $14,723
- Liabilities
- $3,082
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JESSICA FROELKE (EXECUTIVE DIRECTOR)
People named in this filing
- JESSICA FROELKE (EXECUTIVE DIRECTOR)
- MARISA RIVERA (CHAIR)
- KARINA NORBERG (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Community economic empowerment network is organized exclusively for charitable and educational purposes, within the meaning of section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code, including for such charitable and educational purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code. The organization is dedicated to preventing predatory lending through education, empowering people to recognize their rights and avoid financial abuse. Ceen facilitates access to equitable services through three strategic pillars: 1) consumer wealth building, providing culturally relevant financial education to reduce debt and foster savings 2) technical assistance for entrepreneurs, offering business development and capital readiness and 3) legal and financial advocacy coalition, auditing abusive contracts and connecting families with legal networks.
What it reported doing in 2025
Provided financial education and economic empowerment services to underserved communities through training advocacy and technical assistance.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 22
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.7%; rating input score 99
- Program expense ratio: 98.9%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 19.1%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 98.7% of revenue deployed · 98.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $175K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 17/100.