PURPOSE CHURCH INTERNATIONAL INC

EIN: 275440784 501(c)(3) Religion

Wilmington, NC

Total Revenue
$219,564
Total Expenses
$205,223
Total Assets
$702,022
Net Assets
$137,530
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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
2012
Legal Domicile
NC
Principal Officer
Cedrick Barrett
Phone
9103991838
Tax Period
2022-01-01 to 2022-12-31

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.

Mission

Purpose Church is an inclusive non-profit that empowers individuals and families to live healthy and whole in all areas of life through education, programs, and services that serve the community.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $219,564
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $219,564

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,969
Fundraising Expenses $0
Program Expenses $205,223
Other Expenses $119,254
TOTAL EXPENSES $205,223

Year-over-Year Comparison

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%
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

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Governance

Voting Members
6
Independent Members
4
Employees
7
Volunteers
90

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
1
$0
Total Directors
3
$0
Key Employees
2
$27,000
Highest Compensated
0
reported
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
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
2022 $219,564 $205,223 $702,022 $14,341
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