PORTFOLIOS WITH PURPOSE INC

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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

Principal Officer

BRETT WAIKART

Phone

3012194191

Tax Period

2023-01-01 to 2023-12-31

PORTFOLIOS WITH PURPOSE INC, founded in 2012, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $21K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROMOTE GIVING BY MEMBERS OF THE INVESTMENT COMMUNITY, TO ENCOURAGE INDIVIDUALS TO CONTRIBUTE TO CHARITY WHO OTHERWISE MIGHT NOT DO SO, TO PROVIDE OPPORTUNITIES FOR PEOPLE TO LEARN ABOUT CHARITIES SUPPORTED BY THEIR PEERS, ACQUAINTANCES, AND ROLE MODELS, AND TO OFFER AND PROVIDE ACCESS TO MENTORING IN THE WAYS OF PHILANTHROPY.

Program Service Accomplishments

Program 1

PAYMENTS FOR THE 2019 AND 2020 STOCK SELECTION "CLASSIC CHALLENGE" IN WHICH PARTICIPANTS COMPETE ON BEHALF OF THEIR CHARITY. APPROXIMATELY 500 PARTICIPANTS WILL COMPETE IN THE 2020 COMPETITION. 100% OF REVENUE RAISED IS GIVEN TO THE WINNERS' CHARITIES OF CHOICE AFTER CLOSE OF THE COMPETITION YEAR.

Program 2

PAYMENTS FOR THE 2019 AND 2020 STOCK SELECTION "CAMPUS CHALLENGE" IN WHICH PARTICIPATING COLLEGE STUDENTS COMPETE ON BEHALF OF THEIR CHARITY. APPROXIMATELY 500 PARTICIPANTS WILL COMPETE IN THE 2020 COMPETITION. 100% OF REVENUE RAISED IS GIVEN TO THE WINNERS' CHARITIES OF CHOICE AFTER CLOSE OF THE COMPETITION YEAR.

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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 $20,667

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $20,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $27,892

TOTAL EXPENSES $27,892

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,669	$57,419	-0.6%
Expenses	$27,892	$54,584	-0.5%
Net Income	$-7,223	$2,835	-3.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT WAIKART	EXECUTIVE DIRECTOR	20.00	Officer Director	$0	$0	$0
SCOTT ROSEN	DIRECTOR	0.50	Director	$0	$0	$0
NICHOLAS PANETTA	DIRECTOR	0.50	Director	$0	$0	$0
ANDREW WELLINGTON	DIRECTOR	0.50	Director	$0	$0	$0
TIM SELBY	DIRECTOR	0.50	Director	$0	$0	$0
RYAN BAILEY	DIRECTOR	0.50	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	$20,669	$27,892	$30,771	$-7,223
2022	$57,419	$54,584	$37,994	$2,835
2021	$192,335	$276,956	$30,410	$-84,621
2020	$188,210	$169,218	$88,430	$18,992
2019	$114,170	$342,537	$69,437	$-228,367
2018	$410,645	$412,632	$299,795	$-1,987