PASSION WITH PURPOSE INC (EIN 473937342) - 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

2019

Legal Domicile

Principal Officer

JOHN CROOKS

Phone

7707573487

Tax Period

2024-01-01 to 2024-12-31

PASSION WITH PURPOSE INC, founded in 2019, is a micro nonprofit that reported $50K in total revenue in fiscal year 2024. Revenue fell 97% from the prior year — a significant decline worth monitoring.

Mission

PASSION WITH PURPOSE'S MISSION IS TO LIBERATE MEN, WOMEN AND CHILDREN FROM THE DESTRUCTIVE CYCLE OF POVERTY AND TO TRANSFORM LIVES THROUGH HOLISTIC COMMUNITY DEVELOPMENT BY: COMMUNITY TRANSFORMATION INVOLVING EDUCATION, VOCATIONAL TRAINING, HEALTH AND WELLNESS TRAINING, PARENTAL TRAINING, LEADERSHIP TRAINING, SPIRITUAL TRAINING, MONEY MANAGEMENT, DEVELOP SKILLS, BUILD A BUSINESS, AND INFRASTRUCTURE DEVELOPMENT; FAMILY STABILIZATION INVOLVING HEALTHY MEALS, CHILDCARE, FOOD PRODUCTION, MATERNAL HEALTH SUPPORT, HEALTH AND WELLNESS CARE, AND AFTER SCHOOL PROGRAMS; AND SEND AGENTS TO ASSIST BUSINESS CONSULTANTS SUCH AS NURSES, MENTORS, MINISTERS, MASTER CRAFTSMEN, ARTISTS, GRAPHIC DESIGNERS, AND EVEN COORDINATORS TO HELP WITH COMMUNITY TRANSFORMATION AND 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 (2024)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,000	$1,550,000	-1.0%
Expenses	N/A	N/A	N/A
Net Income	N/A	$1,550,000	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

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
JOHN CROOKS	PRESIDENT	1.00	Director	$0	$0	$0
JERRY BONNER	CHAIRMAN	1.00	Director	$0	$0	$0
MOLLY HOLM	SECRETARY	1.00	Director	$0	$0	$0
PAUL SULLIVAN	TREASURER	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
2024	$50,000	No data	$1,600,000	No data
2023	No data	No data	No data	No data

PASSION WITH PURPOSE INC