Wilmington, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PURPOSE CHURCH INTERNATIONAL INC, founded in 2012, is a small nonprofit in the Religion sector that reported $220K in total revenue in fiscal year 2022. Expenses of $205K left a modest 7% surplus.
Purpose Church seeks to foster individual and collective wellness, create a safe place of belonging that serves as a community/family for all, and help individuals find their purpose in life. Our programs and services such as free groceries to families, free gas giveaway, youth and teen mentorship, home ownership classes, mental health workshops, financial literacy workshops, vocational, and educational training, and others have served hundreds. Our recent expansion to the North Side is ideal for greater impact.
"Gas on Purpose" is our annual free gas giveaway to the Wilmington Community held at the Family Fare Shell gas station located at 1032 Market St. $8,000 of gas was given away that served over 400...
"Gas on Purpose" is our annual free gas giveaway to the Wilmington Community held at the Family Fare Shell gas station located at 1032 Market St. $8,000 of gas was given away that served over 400 vehicles accounting for hundreds of local households.
*Touch a Life outreach - Meeting the physical and material needs of the community through various free giveaways and volunteer events. Such as free school supplies, free haircuts, and monetary...
*Touch a Life outreach - Meeting the physical and material needs of the community through various free giveaways and volunteer events. Such as free school supplies, free haircuts, and monetary support during the financial crisis. Also providing heaters to elderly individuals who are on a fixed income and offer free lawn maintenance. *Groceries on Purpose -Supplying families with gift cards to local grocery stores to help with food insecurity. Also, popup moments to pay for customer groceries at local grocery stores. *Christmas on Purpose - Annual event to provide families with gifts, clothing, and meals for the holidays. *Lunch on Purpose - Provided free lunch for staff of local businesses, local schools, and organizations to show appreciation for their service to the community. *Be Beautiful - Provides empowerment to women and young ladies through workshops, activities, and mentoring that builds self-esteem, confidence, and self-love. * Men of Honor - Teaches men to be better husbands, fathers, sons, etc. through healthy male bonding, mentoring, and building strong relationships. Monday Night Fire Men's Prayer Nights, ManCave Fellowship Nights. *Total Me - Focuses on the diet, health, and physical fitness through nutrition classes, healthy eating workshops, free personal training, and group excercise classes. * Healthy ME - A mental health program for millennials to remove the stigma around mental illness and teaches basic skills that improve and maintain overall personal wellness. Also provides free professional counseling for all participants. A partnership with Teachers College at Columbia University, The Ormond Center at Duke University, and Purpose Church. *Home Ownership Program - In partnership with Monarch Mortgage, educating individuals, egarding job stability, FICO score, savings, insurance, interest rates, debt management, and the entire home buying process. 8 families have successfully purchased homes to date and 10 more are on track to purchase within the next 12 months. * Financial Intelligence Training - Program designed to teach participants the fundamentals of biblical stewardship and practicing healthy financial habits. Topics include generosity, avoiding hyper-consumption, credit cards, cash flow management, debt management, different types of insurance, legacy planning, savings & retirement, and personal credit. *Edu-op - Prepares individuals to live more productive lives by fostering educational and training opportunities through G.E.D classes, cooking courses, computer literacy training, free tutoring for elementary, middle, and high school students, resume development, interview skills.job skills training, and "dress for success" workshops.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $219,564 | $213,621 | +0.0% |
| Expenses | $205,223 | $215,727 | 0.0% |
| Net Income | $14,341 | $-2,106 | -7.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Cedrick Barrett | President | 20 |
Key Emp
|
$18,000 | $0 | $18,000 |
| Latoya Barrett | Vice President | 20 |
Key Emp
|
$9,000 | $0 | $9,000 |
| Alvin Mallette | Director | 1 |
Director
|
$0 | $0 | $0 |
| Teisha Caldwell | Treasurer | 3 |
Director
|
$0 | $0 | $0 |
| Essence Uwazurike | Director | 1 |
Director
|
$0 | $0 | $0 |
| Angelica Colvin | Secretary | 3 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $219,564 | $205,223 | $702,022 | $14,341 |
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