PURPLE TIE FOUNDATION INC (EIN 465053295) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

MICHAEL T BOJANOWSKI

Phone

4436136777

Tax Period

2020-01-01 to 2020-12-31

PURPLE TIE FOUNDATION INC, founded in 2013, is a small nonprofit in the Public & Societal Benefit sector that reported $207K in total revenue in fiscal year 2020. Expenses of $199K left a modest 4% surplus.

Mission

THE PURPLE TIE FOUNDATION WORKS TO SUPPORT COMMUNITY INITIATIVES THROUGH STRATEGIC PARTNERSHIPS WITH LOCAL LEADERS IN AND AROUND BALTIMORE COUNTY WITH A SPECIAL FOCUS ON CAREER AND WORKFORCE DEVELOPMENT, NUTRITIONAL WELLNESS, AND MENTAL HEALTH.

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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 (2020)

Revenue Breakdown

Contributions & Grants $206,802

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,802

Expense Breakdown

Grants Paid $190,857

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $198,866

Other Expenses $8,009

TOTAL EXPENSES $198,866

Year-over-Year Comparison

	2020	2019	Change
Revenue	$206,802	N/A	N/A
Expenses	$198,866	N/A	N/A
Net Income	$7,936	$0	N/A

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

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
MICHAEL T BOJANOWSKI	PRESIDENT	2.00	Officer Director	$0	$0	$0
AIMEE MASON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GRACE CALTRIDER	TREASURER	2.00	Officer Director	$0	$0	$0
ALEJANDRA IVANOVICK	DIRECTOR	1.00	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
2020	$206,802	$198,866	$9,092	$7,936

PURPLE TIE FOUNDATION INC