HAVING PURPOSE INC

🔒

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

2015

Legal Domicile

Principal Officer

CHRISTEEN FRANCIS CEO

Tax Period

2020-01-01 to 2020-12-31

HAVING PURPOSE INC, founded in 2015, is a micro nonprofit in the Human Services sector that reported $5K in total revenue in fiscal year 2020.

Mission

THE GOAL OF THE ORGANIZATION IS TO ELEVATE AFRICAN AND CARIBBEAN FAMILIES OUT OF POVERITY ONE COMMUNITY AT A TIME.

Program Service Accomplishments

Program 1

Expenses: $5,150

We currently have several pending projects in Ghana, Kenya, Lesotho, Jamaica and Carriacou. The success of these projects will depend on how much we raise to complete them. We will also seek funding for education grants to pay for post-secondary education for high school grads and teachers who want to get advance degrees with a commitment that they will return to teaching after doing so.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $5,150

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,150

Other Expenses $5,150

TOTAL EXPENSES $5,150

Year-over-Year Comparison

	2020	2019	Change
Revenue	$5,150	$5,150	N/A
Expenses	$5,150	$5,150	N/A
Net Income	$0	N/A	N/A

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

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
KATHLEEN CHARLERY-NOEL	COO	35.00	Officer	$0	$0	$0
MARICA DUNNE	CFO	40.00	Officer	$0	$0	$0
CHRISTEEN FRANCIS	CEO	45.00	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
2020	$5,150	$5,150	$3,626	No data