PURPLE

EIN: 462649125 501(c)(3) Human Services

Lansing, MI

Total Revenue
$262,121
Total Expenses
$304,233
Total Assets
$9,144
Net Assets
$9,144
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MI
Principal Officer
Marilyn Frye
Phone
5173726830
Tax Period
2017-09-01 to 2018-08-31

PURPLE, founded in 2013, is a small nonprofit in the Human Services sector that reported $262K in total revenue in fiscal year 2017. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $304K exceeded revenue, resulting in a 16% operating deficit.

Mission

Purple is organized exclusively for charitable purposes, specifically relief of the underprivileged and combating community degeneration.

Program Service Accomplishments

Program 1
Expenses: $300,582 Revenue: $6,491

WWTLC Purchase of the Land Project Purple entered into a fiscal sponsorship agreement with We Want the Land Coalition WWTLC in September 2016 to support WWTLCs Purchase of the Land Project. The...

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WWTLC Purchase of the Land Project Purple entered into a fiscal sponsorship agreement with We Want the Land Coalition WWTLC in September 2016 to support WWTLCs Purchase of the Land Project. The Project raised funds for a downpayment for purchase of Land at the site of the former Michigan Womyns Music Festival in Western Michigan.The Project mission is to provide women and girls with uniquely empowering and healing experiences and opportunities by making the Land available to organizations that are dedicated to serving women and girls for their programming and events. A land contract was signed by WWTLC for the land in April 2017. Purple assisted in fundraising and extensive administrative and mentoring tasks while WWTLC applied for 501c3 status. Further fundraising for WWTLC was done in Fiscal Year Ended 8/31/18 to help meet the land contract payments and support infrastructure development and staff to maintain the Land.

Program 2
Expenses: $300

Partial sponsorship of the annual East Lansing Women in the Arts Festival WITA held in November to celebrate regional women artists.

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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 (2017)

Revenue Breakdown

Contributions & Grants $255,515
Program Service Revenue $6,491
Investment Income $115
Other Revenue $0
TOTAL REVENUE $262,121

Expense Breakdown

Grants Paid $286,077
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $300,882
Other Expenses $18,156
TOTAL EXPENSES $304,233

Year-over-Year Comparison

2017 2016 Change
Revenue $262,121 $423,758 -0.4%
Expenses $304,233 $373,299 -0.2%
Net Income $-42,112 $50,459 -1.8%
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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Governance

Voting Members
7
Independent Members
7
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marilyn Frye President 002.00
Officer Director
$0 $0 $0
Elizabeth Glew Vice President 002.00
Officer Director
$0 $0 $0
Valerie Osowski Treasurer 010.00
Officer Director
$0 $0 $0
Julie Haan Secretary 020.00
Officer Director
$0 $0 $0
Carolyn Shafer Board Member 030.00
Director
$0 $0 $0
Penny Gardner Board Member 001.00
Director
$0 $0 $0
Cheryl VanDeKerkhove Board Member 001.00
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
2018 $262,121 $304,233 $9,144 $-42,112
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