EMPOWER-THE EMERGING MARKETS FOUNDATION Charity Report

Public IRS 990 nonprofit record

EMPOWER-THE EMERGING MARKETS FOUNDATION

EIN 03-0529005 · International Development (Q30)

What they do

WE PARTNERED WITH 150 LOCAL ORGANISATIONS IN 15 EMERGING MARKET COUNTRIES to ENABLE MARGINALISED YOUNG PEOPLE to TRANSFORM THEIR LIVES and COMMUNITIES. WE DO THIS THROUGH GRANTS to and LONG-TERM PARTNERSHIPS WITH LOCAL ORGANIZATIONS, CROSS LEARNING and CAPACITY STRENGTHENING, and COLLABORATIONS WITH OTHER STAKEHOLDERS to FOSTER CHANGE for YOUNG PEOPLE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders50 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.23%of revenue went to mission work77.1% of expenses · Program services

10.64%of revenue went to fundraising12.2% of expenses

$87.22spent for every $100 of revenueRevenue covered expenses this year.

9.35%of revenue went to management and office costs10.7% of expenses

$0.75in assets for every $1 spent this yearSome assets cannot be spent right away.

98.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $297,605 for CYNTHIA STEELE (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,802,297

Mission workProgram services$7,935,00067.23% of revenue77.1% of expenses

ManagementOffice and general costs$1,103,6009.35% of revenue10.7% of expenses

FundraisingAsking for donations$1,255,56610.64% of revenue12.2% of expenses

Revenue left after expensesReported annual surplus$1,508,13112.78% of revenueShown in gray on the chart

Total expenses$10,294,16687.22% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.1% mission · 10.7% management · 12.2% fundraisingTotal expenses: 87.22% of revenue

2023Expense mix: 78.8% mission · 10.4% management · 10.8% fundraisingTotal expenses: 119.89% of revenue

2022Expense mix: 82.9% mission · 7.6% management · 9.5% fundraisingTotal expenses: 100.78% of revenue

2021Expense mix: 83.6% mission · 7.5% management · 8.8% fundraisingTotal expenses: 118.19% of revenue

2020Expense mix: 79.1% mission · 10.1% management · 10.8% fundraisingTotal expenses: 86.88% of revenue

2019Expense mix: 81.1% mission · 8.8% management · 10.2% fundraisingTotal expenses: 103.86% of revenue

2018Expense mix: 81.9% mission · 7.2% management · 10.9% fundraisingTotal expenses: 69.61% of revenue

2017Expense mix: 80.5% mission · 7.1% management · 12.4% fundraisingTotal expenses: 89.02% of revenue

Money in and money out

Revenue$11,802,297

Expenses$10,294,166

Annual surplus $1,508,131 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,935,000 · 77.1% of expenses

Management and office costs$1,103,600 · 10.7% of expenses

Fundraising$1,255,566 · 12.2% of expenses

See all reported dollar amounts

Revenue$11,802,297

Expenses$10,294,166

Assets$7,671,486

Income$12,211,127

Contributions$11,594,836

Mission work (program services)$7,935,000

Fundraising$1,255,566

Grants given$5,100

Average grant$5,100

Management and general$1,103,600

Executive compensation (total)$394,779

Accounting fees$99,465

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CYNTHIA STEELEPRESIDENT AND CEO · 40 hrs/week $297,605Base $275,000 · Other $22,605

LARRY BLOOMCFO · 40 hrs/week $160,740Base $153,800 · Other $6,940

WILSON VENTURADIRECTOR OF FINANCE · 40 hrs/week $155,647Base $131,075 · Other $24,572

DANIEL PARNETTISR PROGRAM MANAGER · 40 hrs/week $126,441Base $117,075 · Other $9,366

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (50)

CYNTHIA STEELEPRESIDENT AND CEO

LARRY BLOOMCFO

WILSON VENTURADIRECTOR OF FINANCE

DANIEL PARNETTISR PROGRAM MANAGER

MICHAEL HIRSCHHORNBOARD MEMBER-US

MARY-THERESE BARTONBOARD MEMBER-UK

NICHOLAS KOHBOARD MEMBER-HK

NICOLETTE NAYLORBOARD MEMBER-UK

NISHA DHAWANBOARD MEMBER-IN

OSMIN RIVERABOARD MEMBER-US

OZAN TARMANBOARD MEMBER-UK

PARVOLETA SHTEREVABOARD MEMBER-UK

PATRICIA AHNBOARD MEMBER-US

PONTSO MAFETHEBOARD MEMBER-UK

RACHEL ANDREWSBOARD MEMBER-HK

REGGIE DODGEBOARD MEMBER-US

REKHA NAIRBOARD MEMBER-US

RICHARD JOHNSTONBOARD MEMBER-HK

ROBERT KUSHENBOARD MEMBER-US

SNEHA SHAH KOHLIBOARD MEMBER-IN

SOJI ADEWUMIBOARD MEMBER-US

STEPHEN CHANGBOARD MEMBER-HK

SUSEE TANG GOUGHBOARD MEMBER-HK

SWATEE DEEPAKBOARD MEMBER-UK

THOMAS PLANKBOARD MEMBER-HK

TOBY WESTBOARD MEMBER-UK

VIVIEN TEUBOARD MEMBER-HK

JEREMY LLEWELYNBOARD MEMBER-UK

ALEEM JIVRAJBOARD MEMBER-HK

APARNA UPPALURIBOARD MEMBER-HK

AVON NEOBOARD MEMBER-HK

BASAK YAVUZBOARD MEMBER-US

BETH FREDRICKBOARD MEMBER-US

EG MORSEBOARD MEMBER-HK

FINBAR COOKEBOARD MEMBER-UK

FLAVIO FIGUEIREDOBOARD MEMBER-US

HARSHID PATELBOARD MEMBER-HK

JAMES DONALDBOARD MEMBER-US

JAMES ELLERYBOARD MEMBER-UK

MARYANN TSENGBOARD MEMBER-HK

JESSICA KOHBOARD MEMBER-HK

JONATHAN BELLBOARD MEMBER-UK

KEVIN MURPHYBOARD MEMBER-US

KRISTIN CEVABOARD MEMBER-US

LILIANA CASTILLOBOARD MEMBER-UK

LINDA WEISERTBOARD MEMBER-UK

LIZA GREENBOARD MEMBER-US

MADDY FOOBOARD MEMBER-HK

MARC BALSTONBOARD MEMBER-US

AASHA PAIBOARD MEMBER-HK

About this charity

Recognized since: January 2005
Location: 106 W 32ND ST, NEW YORK, NY 10001-0074
County: New York
In care of: % CDS BOOKKEEPING SERVICE LLC
Primary officer: NISHA DHAWAN, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(212) 608-4455

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: LUTZ AND CARR CPAS LLP
NTEE classification: International Development (Q30)
IRS tax category: International Development
Grant-giving organization: Yes