Empart USA
The information on this page was last updated 7/11/2023. If you see errors or omissions, please email: [email protected]
Summary
Empart USA exists to transform communities in Asia. Empart operates numerous leadership development centers, children's homes, homes for the widowed and mentally ill, and schools. They also provide vocational skills training, relief and development, hygiene education, and medical care, while managing infrastructure and capital projects across Asia.
Contact information
Mailing address:
7900 E. Union Avenue
Denver, CO 80237
Website: empartusa.org
Phone: (303) 217-4881
Email: [email protected]
Organization details
EIN: 261160163
CEO/President: Clark Miller
Chairman: Nancy Ricks
Board size: 8
Founder:
Ruling year: 2009
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2014
Purpose
Empart aims to develop communities and care for the vulnerable, the broken, and the lost. Millions of children in the areas where we work do not have loving families or schools to attend, people who are mentally ill are cast out of their homes, widows and orphans are told they have no value, and more than 600 million people do not have access to toilets
Mission statement
Our mission is provide holistic relief to people in need.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | 916 of 1107 | 79 of 104 | |
| Fund acquisition rating |  | 720 of 1108 | 68 of 104 |
| Resource allocation rating | | 731 of 1108 | 64 of 104 |
| Asset utilization rating | | 874 of 1107 | 78 of 104 |
This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 8% | 9% | 5% | 4% | 4% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 8% | 9% | 5% | 4% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 8% | 6% | 5% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 0% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 83% | 84% | 90% | 92% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 100% | 101% | 147% | 102% | 95% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 87% | 84% | 124% | 91% | 87% | 91% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 0% | -1% | -47% | -2% | 5% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 3% | 259% | -11% | 33% | 4% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 8% | 10% | 5% | 4% | 5% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.52 | 0.40 | 1.40 | 0.77 | 1.26 | 2.96 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.26 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.00 | 0.40 | 1.40 | 0.77 | 1.26 | 2.96 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.83 | 0.85 | 0.85 | 1.13 | 1.24 | 1.69 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 1.18 | 1.18 | 0.89 | 0.81 | 0.59 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.11 | -5.46 | -1.50 | 1.76 | 1.84 | 1.66 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 118% | 117% | 89% | 81% | 59% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 55% | -45% | -12% | 15% | 15% | 14% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $1,126,777 | $2,090,886 | $5,341,123 | $3,487,062 | $1,082,452 |
| Receivables, inventories, prepaids | $1,047,933 | $104,185 | $0 | $0 | $23,508 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $2,174,710 | $2,195,071 | $5,341,123 | $3,487,062 | $1,105,960 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $3,483 | $3,955 | $0 | $142 | $428 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $3,483 | $3,955 | $0 | $142 | $428 |
| Total assets | $2,178,193 | $2,199,026 | $5,341,123 | $3,487,204 | $1,106,388 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $2,569,647 | $2,579,251 | $4,736,700 | $2,814,815 | $603,237 |
| Other current liabilities | $0 | $0 | $0 | $0 | $50,000 |
| Total current liabilities | $2,569,647 | $2,579,251 | $4,736,700 | $2,814,815 | $653,237 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $2,569,647 | $2,579,251 | $4,736,700 | $2,814,815 | $653,237 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | ($391,454) | ($380,225) | $604,423 | $672,389 | $410,024 |
| With donor restrictions | $0 | $0 | $0 | $0 | $43,127 |
| Net assets | ($391,454) | ($380,225) | $604,423 | $672,389 | $453,151 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $847,542 | $2,093,641 | $4,058,730 | $4,614,187 | $3,281,702 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $9,295 | $218 | $305 | $130 | $4,581 |
| Other revenue | $0 | $0 | $0 | $0 | $0 |
| Total other revenue | $9,295 | $218 | $305 | $130 | $4,581 |
| Total revenue | $856,837 | $2,093,859 | $4,059,035 | $4,614,317 | $3,286,283 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $722,850 | $2,592,443 | $3,711,940 | $4,025,746 | $2,977,093 |
| Management and general | $73,485 | $293,245 | $210,208 | $186,473 | $163,569 |
| Fundraising | $71,731 | $192,819 | $204,853 | $182,860 | $129,460 |
| Total expenses | $868,066 | $3,078,507 | $4,127,001 | $4,395,079 | $3,270,122 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($11,229) | ($984,648) | ($67,966) | $219,238 | $16,161 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($11,229) | ($984,648) | ($67,966) | $219,238 | $16,161 |
Compensation
| Name | Title | Compensation |
| Nanci Ricks | President | $163,112 |
| Troy Johnson | Regional Director Major Gifts Officer | $126,840 |
Compensation data as of: 12/31/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/11/2023. To update the information below, please email: [email protected]
History
Program accomplishments
Empart has installed 97 community toilets and drilled 136 wells. We have 54 training centers for our social workers. We have trained 45 women to care for the vulnerable in their communities. Our three rehabilitation homes have housed more than 1,070 people. We have built 12 schools, five children's homes and 12 youth hostels, caring for and educating nearly 5,000 children.