Empowerment Fund Project Inc

Nonprofit profile at a glance

EIN
874098376
IRS 990-EZ coverage
2021–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Tenafly, NJ, USA
Phone
9172709126
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$281
Expenses
$557
Assets
$88,598
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Chung Ko (President and Director)

People named in this filing

  • Chung Ko (President and Director)
  • John Mooney (Director)
  • Brian Hall (Director)

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

The Corporation is created as a supporting organization to advance the tax-exempt purposes of domestic nonprofit organizations that are organized and operated exclusively for charitable, religious, and educational purposes and whose activities include public reading of scripture and "just show up book clubs" to learn, grow, and serve in honoring Christ (the "Supported Organizations"). The Corporation was formed, and will be operated, as a Type I Code section 509(a)(3) supporting organization.

What it reported doing in 2025

EFP achieved the following in the year 2025: 1) Investment program had a solid annual return since prior year for two supported organizations - Liberty in North Korea (LiNK) and Young Life, (2) Regularly met and communicated with the leaders of two organizations throughout the year to discuss operations and fundraising efforts, and encouraged the practice of Public Reading of Scripture / Just-Show-Up Book Clubs to continue to learn, grow, and serve in honoring Christ, (3) Engaged in ongoing discussions to further understand the impact of their work.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -98.2%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 159.06; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -44.9% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 33.8% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.