HIS PURPOSE FOUNDATION

EIN: 455435390 501(c)(3) Human Services

Oklahoma City, OK

Total Revenue
$143,748
Total Expenses
$129,933
Total Assets
$16,755
Net Assets
$16,755
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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
OK
Principal Officer
KEVIN PENWELL
Phone
5809282116
Tax Period
2024-01-01 to 2024-12-31

HIS PURPOSE FOUNDATION, founded in 2012, is a small nonprofit in the Human Services sector that reported $144K in total revenue in fiscal year 2024. Expenses of $130K left a modest 10% surplus.

Mission

MISSIONARY SUPPORT/MEDICAL AID

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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 (2024)

Revenue Breakdown

Contributions & Grants $143,748
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $143,748

Expense Breakdown

Grants Paid $126,867
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,867
Other Expenses $3,066
TOTAL EXPENSES $129,933

Year-over-Year Comparison

2024 2023 Change
Revenue $143,748 $140,995 +0.0%
Expenses $129,933 $138,113 -0.1%
Net Income $13,815 $2,882 +3.8%
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
3
Independent Members
3
Employees
N/A
Volunteers
60

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN PENWELL DIRECTOR 2.00
Director
$0 $0 $0
RAY FOREMAN DIRECTOR 2.00
Director
$0 $0 $0
ERIC COSTANZA DIRECTOR 2.00
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 $143,748 $129,933 $16,755 $13,815
2023 $140,995 $138,113 $2,940 $2,882
2022 No data $61,579 No data No data
2021 $44,819 $52,878 $956 $-8,059
2020 $58,654 $55,318 $4,004 $3,336
2019 $66,378 $66,378 $668 No data
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