PURPOSELY CHOSEN (EIN 204793365) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Phone

9094710697

Tax Period

2023-01-01 to 2023-12-31

PURPOSELY CHOSEN, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 7% surplus.

Mission

Short Term Residential Treatment Program facility

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,508

Program Service Revenue $1,656,445

Investment Income $0

Other Revenue $802

TOTAL REVENUE $1,659,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $814,651

Fundraising Expenses $0

Program Expenses $1,210,911

Other Expenses $727,911

TOTAL EXPENSES $1,542,562

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,659,755	$1,398,209	+0.2%
Expenses	$1,542,562	$1,401,441	+0.1%
Net Income	$117,193	$-3,232	-37.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$164,240

Total Directors

$164,240

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dretona Maddox	CEO Treasurer	40.00	Officer Director	$100,800	$0	$100,800
Keith Maddox	Assistant CEO President	40.00	Officer Director	$63,440	$0	$63,440
Ashley Brown	Director	3.00	Director	$0	$0	$0
Rosita Robinson	Director Secretary	3.00	Officer Director	$0	$0	$0
Patreese Thomas	Director	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,659,755	$1,542,562	$627,662	$117,193
2022	$1,398,209	$1,401,441	$274,025	$-3,232
2021	$1,097,236	$1,076,391	$327,053	$20,845
2020	$882,931	$877,278	$278,628	$5,653

PURPOSELY CHOSEN