PURPLE HEARTS INC (EIN 452856302) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

ANNA POWELL

Phone

8177036088

Tax Period

2024-01-01 to 2024-12-31

PURPLE HEARTS INC, founded in 2012, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $69K in total revenue in fiscal year 2024. Revenue fell 81% from the prior year — a significant decline worth monitoring.

Mission

FEEDING AT RISK CHILDREN PARTICITING IN THE FOOD SERVICE PROGRAM THROUGH THE TEXAS DEPARTMENT OF ARGICULTURE / SUMMER AND AFTER SCHOOL

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $68,624

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $68,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,624

Other Expenses $68,624

TOTAL EXPENSES $68,624

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,624	$354,196	-0.8%
Expenses	$68,624	$304,825	-0.8%
Net Income	$0	$49,371	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
ANNA POWELL	DIRECTOR	10	Officer Director Key Emp Highest	$0	$0	$0
TYLER GRAHAM	TREASURY	10	Officer	$0	$0	$0
TARIS FINNEY	SECREYARY	10	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
2024	$68,624	$68,624	No data	No data
2023	$354,196	$304,825	$36,023	$49,371
2022	$602,258	$656,129	$30,828	$-53,871
2021	$509,654	$431,603	$36,898	$78,051
2020	$852,678	$738,117	$126,060	$114,561

PURPLE HEARTS INC