POWER 52 INC

COLUMBIA, MD, 21045-3044 (410) 777-9677 Est. 2015 EIN 47-5176575

P20 - Human Service Organizations 990 - Public charity return 501(c)(3)

www.power52.org

Mission

POWER52 PROVIDES EMPLOYMENT TRAINING FOR AT RISK ADULTS RETURNING CITIZENS AND UNDERSERVED INDIVIDUALS LIVING IN BALTIMORE CITY AND SURROUNDING COUNTIES THAT PREPARES PARTICIPANTS FOR CAREERS IN THE SOLAR INDUSTRY AS WELL AS OTHER GREEN JOB OPPORTUNITIES.

Financials

Total Revenue

$1,026,257

Total Expenses

$682,204

Net Assets

$453,390

8 employees 60 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

8.0 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 90.2%

Expenses ↑ 31.6%

Revenue Sources

Contributions 94.1% Other 6.0%

Expense Breakdown

Program 71.5% Management 24.6% Fundraising 3.9%

Officers & Key Employees (6)

Individual compensation is available on Grow plans.

Grants Received (13)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,026,257 ↑	$682,204	$453,390
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$539,653 ↓	$518,291	$107,647
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$578,391	$623,208	$293,910
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$578,391 ↓	$623,208	$293,910
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$651,208 ↓	$519,011	$231,392
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$907,447	$838,792	$129,616