Empower Serendib

Nonprofit profile at a glance

EIN
452428319
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Westlake Village, CA, USA
Phone
8053414809
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$166,010
Expenses
$169,688
Assets
$5,577

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • SHASHANK KUMAR (EXECUTIVE DIRECTOR)
  • NAJ NAGENDRAN (PRESIDENT)

People named in this filing

  • SHASHANK KUMAR (EXECUTIVE DIRECTOR)
  • NAJ NAGENDRAN (PRESIDENT)
  • MANETH JAYASINGHE (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Consists of a learning and empowerment institute and a new school for both primary and secondary education. The project will provide facilities and services to meet the needs of rural communities, serving approximately 50,000 beneficiaries per year. The project will cater to health care, educational, business development, sports, and empowerment needs through programs of community development, inter-cultural activities, and skills exchange.

What it reported doing in 2024

Current efforts are in sri lankas northern province. In addition to its mission described above, the symphony orchestra graced the stages as an outreach project in an effort to educate participants about musical instruments, etc. Bicycles were gifted.good shepherds orphanage was provided with dry food items and supplies. Sports training and coaching sessions were provided to the children. Additional new bicycles were given to the community.adults were trained in skills for making household products. Essential school supplies and packs were given to the children. The focus was in the badly affected civil war-torn area of the northern province.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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: 100
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -2.2%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 19.1% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 19.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 7.3% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $170K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.