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Nonprofit · EIN 03-0529005

EMPOWER-EMERGING MARKETS FOUNDATION

Tax-exempt · NEW YORK, NY 10001

Financials

$10.9M$11M2022$8.6M$10.3M2023$11.8M$10.3M2024
Revenue Expenses · by fiscal year end
Financials of EMPOWER-EMERGING MARKETS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$11,802,297$10,294,166$1,508,131$7,671,486$2,004,955$5,666,531
June 30, 2024990$8,584,730$10,292,012-$1,707,282$6,994,819$2,924,208$4,070,611
June 30, 2023990 (amended)$10,873,067$10,958,149-$85,082$10,200,149$4,466,722$5,733,427
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$11,594,836
Program service revenue
$0
Investment income
$83,464
Other revenue
$123,997

Expenses

Grants and similar amounts paid
$5,192,795
Compensation of officers, directors and key employees
$432,298
Other salaries and wages
$2,453,903
Salaries, compensation and benefits (total)
$3,360,695
Professional fundraising fees
$0
Legal fees
$36,638
Accounting fees
$99,465
Occupancy
$62,848
Travel
$130,997
Depreciation
$16,946
Program services (functional)
$7,935,000
Management and general (functional)
$1,103,600
Fundraising (functional)
$1,255,566

Balance sheet and other

Total assets, start of year
$6,994,819
Total assets, end of year
$7,671,486
Total liabilities, end of year
$2,004,955
Net assets, end of year
$5,666,531
Land, buildings and equipment
$43,744
Net assets without donor restrictions
$2,634,396
Net assets with donor restrictions
$3,032,135
Gross receipts
$12,211,127
Employees
10
Volunteers
46
Year formed
2006
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CYNTHIA STEELEPRESIDENT AND CEO
Trustee or director, Officer
40$275,000$22,605
LARRY BLOOMCFO
Officer
40$153,800$6,940
WILSON VENTURADIRECTOR OF FINANCE
Highest-paid employee
40$131,075$24,572
DANIEL PARNETTISR PROGRAM MANAGER
Highest-paid employee
40$117,075$9,366
AASHA PAIBOARD MEMBER-HK
Trustee or director, Officer
1$0$0
ALEEM JIVRAJBOARD MEMBER-HK
Trustee or director, Officer
1$0$0
AVON NEOBOARD MEMBER-HK
Trustee or director
1$0$0
BASAK YAVUZBOARD MEMBER-US
Trustee or director
1$0$0
BETH FREDRICKBOARD MEMBER-US
Trustee or director, Officer
1$0$0
EG MORSEBOARD MEMBER-HK
Trustee or director, Officer
1$0$0
JAMES DONALDBOARD MEMBER-US
Trustee or director
1$0$0
JEREMY LLEWELYNBOARD MEMBER-UK
Trustee or director
1$0$0
JONATHAN BELLBOARD MEMBER-UK
Trustee or director
1$0$0
KEVIN MURPHYBOARD MEMBER-US
Trustee or director
1$0$0
KRISTIN CEVABOARD MEMBER-US
Trustee or director, Officer
1$0$0
35 more people on this return
NameTitleHours / weekCompensation
LINDA WEISERTBOARD MEMBER-UK
Trustee or director
1$0
LIZA GREENBOARD MEMBER-US
Trustee or director
1$0
MADDY FOOBOARD MEMBER-HK
Trustee or director
1$0
MARC BALSTONBOARD MEMBER-US
Trustee or director, Officer
1$0
MARY-THERESE BARTONBOARD MEMBER-UK
Trustee or director
1$0
MICHAEL HIRSCHHORNBOARD MEMBER-US
Trustee or director
1$0
NICHOLAS KOHBOARD MEMBER-HK
Trustee or director
1$0
OSMIN RIVERABOARD MEMBER-US
Trustee or director
1$0
OZAN TARMANBOARD MEMBER-UK
Trustee or director
1$0
PARVOLETA SHTEREVABOARD MEMBER-UK
Trustee or director
1$0
PATRICIA AHNBOARD MEMBER-US
Trustee or director
1$0
PONTSO MAFETHEBOARD MEMBER-UK
Trustee or director
1$0
RACHEL ANDREWSBOARD MEMBER-HK
Trustee or director
1$0
REGGIE DODGEBOARD MEMBER-US
Trustee or director
1$0
REKHA NAIRBOARD MEMBER-US
Trustee or director
1$0
RICHARD JOHNSTONBOARD MEMBER-HK
Trustee or director
1$0
ROBERT KUSHENBOARD MEMBER-US
Trustee or director, Officer
1$0
STEPHEN CHANGBOARD MEMBER-HK
Trustee or director
1$0
SWATEE DEEPAKBOARD MEMBER-UK
Trustee or director, Officer
1$0
TOBY WESTBOARD MEMBER-UK
Trustee or director
1$0
VIVIEN TEUBOARD MEMBER-HK
Trustee or director
1$0
APARNA UPPALURIBOARD MEMBER-HK
Trustee or director
1$0
FINBAR COOKEBOARD MEMBER-UK
Trustee or director
1$0
FLAVIO FIGUEIREDOBOARD MEMBER-US
Trustee or director
1$0
HARSHID PATELBOARD MEMBER-HK
Trustee or director
1$0
JAMES ELLERYBOARD MEMBER-UK
Trustee or director
1$0
JESSICA KOHBOARD MEMBER-HK
Trustee or director
1$0
LILIANA CASTILLOBOARD MEMBER-UK
Trustee or director
1$0
MARYANN TSENGBOARD MEMBER-HK
Trustee or director
1$0
NICOLETTE NAYLORBOARD MEMBER-UK
Trustee or director
1$0
NISHA DHAWANBOARD MEMBER-IN
Trustee or director
1$0
SNEHA SHAH KOHLIBOARD MEMBER-IN
Trustee or director
1$0
SOJI ADEWUMIBOARD MEMBER-US
Trustee or director
1$0
SUSEE TANG GOUGHBOARD MEMBER-HK
Trustee or director
1$0
THOMAS PLANKBOARD MEMBER-HK
Trustee or director
1$0
990 for the year ended June 30, 2024: 57 people
NameTitleHours / weekCompensationOther / benefits
CYNTHIA STEELEPRESIDENT AND CEO
Trustee or director, Officer
40$275,000$20,000
LARRY BLOOMCFO
Officer
40$150,218$8,030
WILSON VENTURADIRECTOR OF FINANCE
Highest-paid employee
40$129,597$24,112
DANIEL PARNETTISR PROGRAM MANAGER
Highest-paid employee
40$117,075$9,631
JULIANA NICOLETTI THROUGH 1223US DEVELOPMENT MANAGER
Highest-paid employee
40$108,145$4,175
ERIC BAURMEISTERBOARD CHAIR-US
Trustee or director, Officer
1$0$0
BETH FREDRICKTREASURER/FINANCE CHAIR-US
Trustee or director, Officer
1$0$0
KRISTIN CEVAPROGRAM CHAIR-US
Trustee or director, Officer
1$0$0
ROBERT KUSHENPROGRAM CHAIR-US
Trustee or director, Officer
1$0$0
SWATEE DEEPAKBOARD CO-CHAIR-UK
Trustee or director, Officer
1$0$0
KUNAL SHAHBOARD CO-CHAIR-UK
Trustee or director, Officer
1$0$0
MARC BALSTONFINANCE CHAIR-UK
Trustee or director, Officer
1$0$0
ALEEM JIVRAJBOARD CHAIR-HK
Trustee or director, Officer
1$0$0
AASHA PAIBOARD CO-CHAIR-HK
Trustee or director, Officer
1$0$0
NICHOLAS KOHTREASURER-HK
Trustee or director
1$0$0
EG MORSEDEVELOPMENT CHAIR-HK
Trustee or director, Officer
1$0$0
MURTAZA AHMEDBOARD MEMBER-US
Trustee or director
1$0$0
PATRICIA AHNBOARD MEMBER-US
Trustee or director
1$0$0
JAMES DONALDBOARD MEMBER-US
Trustee or director
1$0$0
CARLOS FERNANDEZ-ALLERBOARD MEMBER-US
Trustee or director
1$0$0
LIZA GREENBOARD MEMBER-US
Trustee or director
1$0$0
MICHAEL HIRSCHHORNBOARD MEMBER-US
Trustee or director
1$0$0
TIM JENSENBOARD MEMBER-US
Trustee or director
1$0$0
KATHLEEN KINSELLABOARD MEMBER-US
Trustee or director
1$0$0
KEVIN MURPHYBOARD MEMBER-US
Trustee or director
1$0$0
REKHA NAIRBOARD MEMBER-US
Trustee or director
1$0$0
OSMIN RIVERABOARD MEMBER-US
Trustee or director
1$0$0
MATTHEW RYANBOARD MEMBER-US
Trustee or director
1$0$0
JIM VALONEBOARD MEMBER-US
Trustee or director
1$0$0
BASAK YAVUZBOARD MEMBER-US
Trustee or director
1$0$0
MARCELO ASSALINBOARD MEMBER-UK
Trustee or director
1$0$0
MARY-THERESE BARTONBOARD MEMBER-UK
Trustee or director
1$0$0
JONATHAN BELLBOARD MEMBER-UK
Trustee or director
1$0$0
ANDREW CURRANBOARD MEMBER-UK
Trustee or director
1$0$0
REGGIE DODGEBOARD MEMBER-UK
Trustee or director
1$0$0
ADEEL KHANBOARD MEMBER-UK
Trustee or director
1$0$0
ALESSANDRA LABOMBARDABOARD MEMBER-UK
Trustee or director
1$0$0
JEREMY LLEWELYNBOARD MEMBER-UK
Trustee or director
1$0$0
PONTSO MAFETHEBOARD MEMBER-UK
Trustee or director
1$0$0
JOHN PATTONBOARD MEMBER-UK
Trustee or director
1$0$0
COLIN REEDIEBOARD MEMBER-UK
Trustee or director
1$0$0
PARVOLETA SHTEREVABOARD MEMBER-UK
Trustee or director
1$0$0
OZAN TARMANBOARD MEMBER-UK
Trustee or director
1$0$0
LINDA WEISERTBOARD MEMBER-UK
Trustee or director
1$0$0
TOBY WESTBOARD MEMBER-UK
Trustee or director
1$0$0
BRADLEY WICKENSBOARD MEMBER-UK
Trustee or director
1$0$0
RACHEL ANDREWSBOARD MEMBER-HK
Trustee or director
1$0$0
STEPHEN CHANGBOARD MEMBER-HK
Trustee or director
1$0$0
BEN FALLOONBOARD MEMBER-HK
Trustee or director
1$0$0
MADDY FOOBOARD MEMBER-HK
Trustee or director
1$0$0
BENJAMIN HALLBOARD MEMBER-HK
Trustee or director
1$0$0
RICHARD JOHNSTONBOARD MEMBER-HK
Trustee or director
1$0$0
AVON NEOBOARD MEMBER-HK
Trustee or director
1$0$0
VIVIEN TEUBOARD MEMBER-HK
Trustee or director
1$0$0
PRARTHANA KUMARBOARD MEMBER-IN
Trustee or director
1$0$0
RAVINDER KAURBOARD MEMBER-IN
Trustee or director
1$0$0
DEVANSHI VAIDBOARD MEMBER-IN
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 50 people
NameTitleHours / weekCompensationOther / benefits
CYNTHIA STEELEPRESIDENT AND CEO
Trustee or director, Officer
40$262,500$20,000
LARRY BLOOMCFO
Officer
40$159,529$8,930
WILSON VENTURADIRECTOR OF FINANCE
Highest-paid employee
40$126,360$24,112
NICOLE RAJANIHEAD OF GLOBAL COMM
Highest-paid employee
40$117,350$21,804
DANIEL PARNETTISR PROGRAM MANAGER
Highest-paid employee
40$123,769$9,631
JULIANA NICOLETTIUS DEVELOPMENT MANAGER
Highest-paid employee
40$108,145$2,100
ERIC BAURMEISTERBOARD CHAIR-US
Trustee or director, Officer
1$0$0
BETH FREDRICKTREASURER/FINANCE CHAIR-US
Trustee or director, Officer
1$0$0
KRISTIN CEVAPROGRAM CHAIR-US
Trustee or director, Officer
1$0$0
ROBERT KUSHENPROGRAM CHAIR-US
Trustee or director, Officer
1$0$0
SWATEE DEEPAKBOARD CO-CHAIR-UK
Trustee or director, Officer
1$0$0
KUNAL SHAHBOARD CO-CHAIR-UK
Trustee or director, Officer
1$0$0
MARC BALSTONFINANCE CHAIR-UK
Trustee or director, Officer
1$0$0
ALEEM JIVRAJBOARD CHAIR-HK
Trustee or director, Officer
1$0$0
AASHA PAIBOARD CO-CHAIR-HK
Trustee or director, Officer
1$0$0
NICHOLAS KOHTREASURER-HK
Trustee or director
1$0$0
EG MORSEDEVELOPMENT CHAIR-HK
Trustee or director, Officer
1$0$0
PATRICIA AHNBOARD MEMBER-US
Trustee or director
1$0$0
JAMES DONALDBOARD MEMBER-US
Trustee or director
1$0$0
CARLOS FERNANDEZ-ALLERBOARD MEMBER-US
Trustee or director
1$0$0
MICHAEL HIRSCHHORNBOARD MEMBER-US
Trustee or director
1$0$0
TIM JENSENBOARD MEMBER-US
Trustee or director
1$0$0
KATHLEEN KINSELLABOARD MEMBER-US
Trustee or director
1$0$0
KEVIN MURPHYBOARD MEMBER-US
Trustee or director
1$0$0
REKHA NAIRBOARD MEMBER-US
Trustee or director
1$0$0
OSMIN RIVERABOARD MEMBER-US
Trustee or director
1$0$0
MATTHEW RYANBOARD MEMBER-US
Trustee or director
1$0$0
JIM VALONEBOARD MEMBER-US
Trustee or director
1$0$0
MARCELO ASSALINBOARD MEMBER-UK
Trustee or director
1$0$0
MARY-THERESE BARTONBOARD MEMBER-UK
Trustee or director
1$0$0
JONATHAN BELLBOARD MEMBER-UK
Trustee or director
1$0$0
ANDREW CURRANBOARD MEMBER-UK
Trustee or director
1$0$0
REGGIE DODGEBOARD MEMBER-UK
Trustee or director
1$0$0
ADEEL KHANBOARD MEMBER-UK
Trustee or director
1$0$0
ALESSANDRA LABOMBARDABOARD MEMBER-UK
Trustee or director
1$0$0
PONTSO MAFETHEBOARD MEMBER-UK
Trustee or director
1$0$0
JOHN PATTONBOARD MEMBER-UK
Trustee or director
1$0$0
COLIN REEDIEBOARD MEMBER-UK
Trustee or director
1$0$0
OZAN TARMANBOARD MEMBER-UK
Trustee or director
1$0$0
TOBY WESTBOARD MEMBER-UK
Trustee or director
1$0$0
BRADLEY WICKENSBOARD MEMBER-UK
Trustee or director
1$0$0
RACHEL ANDREWSBOARD MEMBER-HK
Trustee or director
1$0$0
STEPHEN CHANGBOARD MEMBER-HK
Trustee or director
1$0$0
BEN FALLOONBOARD MEMBER-HK
Trustee or director
1$0$0
MADDY FOOBOARD MEMBER-HK
Trustee or director
1$0$0
BENJAMIN HALLBOARD MEMBER-HK
Trustee or director
1$0$0
ROSS HAMOU-JENNINGSBOARD MEMBER-HK
Trustee or director
1$0$0
RICHARD JOHNSTONBOARD MEMBER-HK
Trustee or director
1$0$0
AVON NEOBOARD MEMBER-HK
Trustee or director
1$0$0
VIVIEN TEUBOARD MEMBER-HK
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
106 W 32ND ST, NEW YORK, NY 10001-0074
In care of
% CDS BOOKKEEPING SERVICE LLC
Principal officer (990 for 2024)
NISHA DHAWAN, 106 W 32ND ST THE YARD, NEW YORK, NY 10001
Signed the 990
NISHA DHAWAN, PRESIDENT AND CEO
Phone
(212) 608-4455
Return prepared by
LUTZ AND CARR CPAS LLP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • EMPOWER MADE GRANTS TO 150 LOCAL ORGANIZATION GRANTEE PARTNERS IN 15 COUNTRIES IN THREE KEY PILLARS OF YOUTH DEVELOPMENT - INCLUSIVE LEARNING, ECONOMIC WELLBEING, HEALTHY AND SAFE LIVES.
    Expenses $7,935,000 · grants $5,192,795

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
03-0529005
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,671,486
Income (IRS master file)
$12,211,127

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$11,802,297$10,294,166$7,671,486XML
990June 2024$8,584,730$10,292,012$6,994,819IRS
990June 2023$10,873,067$10,958,149$10,200,149XML
990June 2022$9,319,505$11,014,625$10,411,489IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0529005).

Questions about EMPOWER-EMERGING MARKETS FOUNDATION

What is the EIN of EMPOWER-EMERGING MARKETS FOUNDATION?
The employer identification number (EIN) of EMPOWER-EMERGING MARKETS FOUNDATION is 03-0529005.
Is EMPOWER-EMERGING MARKETS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to EMPOWER-EMERGING MARKETS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMPOWER-EMERGING MARKETS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EMPOWER-EMERGING MARKETS FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EMPOWER-EMERGING MARKETS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of EMPOWER-EMERGING MARKETS FOUNDATION?
The 990 for the year ended June 30, 2025 names NISHA DHAWAN.
Who are the officers and directors of EMPOWER-EMERGING MARKETS FOUNDATION?
The 990 for the year ended June 30, 2025 lists 50 people; 4 received compensation from the organization, the highest $275,000 (CYNTHIA STEELE, PRESIDENT AND CEO).
How much revenue does EMPOWER-EMERGING MARKETS FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $11,802,297, expenses of $10,294,166 and total assets of $7,671,486 at year end.

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