PURPOSE FOUNDATION (EIN 273106760) - 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

2010

Legal Domicile

Principal Officer

CHRISTINA PENA-BROWER

Phone

2125334114

Tax Period

2023-01-01 to 2023-12-31

PURPOSE FOUNDATION, founded in 2010, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $4.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE PURPOSE FOUNDATION EXISTS TO SUPPORT SOCIAL IMPACT CAMPAIGNS AND ORGANIZATIONS THROUGH EDUCATIONAL, PUBLIC ENGAGEMENT, AND AWARENESS EFFORTS.

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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 $4,233,005

Program Service Revenue $88,565

Investment Income $9,008

Other Revenue $-147

TOTAL REVENUE $4,330,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $246,907

Fundraising Expenses $0

Program Expenses $4,721,514

Other Expenses $4,683,603

TOTAL EXPENSES $4,930,510

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,330,431	$10,895,323	-0.6%
Expenses	$4,930,510	$11,464,008	-0.6%
Net Income	$-600,079	$-568,685	+0.1%

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

N/A

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

$100,000

Total Directors

$100,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS GENSEMER END 0623	TREASURER	1.00	Officer Director	$12,500	$0	$12,500
CHRISTINA PENA-BROWER	TREASURER	1.00	Officer Director	$0	$0	$0
DANIEL BARASCH	PRESIDENT	1.00	Officer Director	$25,000	$0	$25,000
ETHAN FLETCHER	SECRETARY	1.00	Officer Director	$37,500	$0	$37,500
GALIT GUN	VICE PRESIDENT	1.00	Officer Director	$25,000	$0	$25,000
NICOLE RODGERS	FOUNDER AND EXECUTIVE DIRECTOR, FAMILY STORY	40.00	Highest	$125,000	$0	$125,000

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
2023	$4,330,431	$4,930,510	$586,531	$-600,079
2022	$10,895,323	$11,464,008	$2,179,436	$-568,685
2021	$11,041,724	$12,078,698	$1,585,866	$-1,036,974
2020	$11,759,842	$12,123,571	$2,737,472	$-363,729
2019	$5,007,402	$2,114,648	$4,107,835	$2,892,754
2019	$5,053,802	$2,114,647	$4,154,236	$2,939,155
2018	$300,000	$299,611	$303,471	$389

PURPOSE FOUNDATION