PARENTS WITH A PURPOSE (EIN 582521988) - Form 990 Financial Analysis & Trantor Score

🔒

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

2000

Legal Domicile

Principal Officer

LYNDA AUSBURN

Phone

7704325459

Tax Period

2024-01-01 to 2024-12-31

PARENTS WITH A PURPOSE, founded in 2000, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $3.6M left a modest 5% surplus.

Mission

IN LOVING OBEDIENCE TO JAMES 1:27, MISSION 1:27 SERVES IN UNDER RESOURCED COMMUNITIES BY HELPING KIDS GROW, TEENS LEAD, AND NEIGHBORS THRIVE TOGETHER.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $3,794,258

Program Service Revenue $7,758

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,802,016

Expense Breakdown

Grants Paid $258,848

Salaries & Benefits $2,327,699

Fundraising Expenses $0

Program Expenses $2,963,596

Other Expenses $1,025,297

TOTAL EXPENSES $3,611,844

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,802,016	$3,044,839	+0.2%
Expenses	$3,611,844	$3,082,299	+0.2%
Net Income	$190,172	$-37,460	-6.1%

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

Volunteers

870

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

$201,704

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELA SMITH	EXECUTIVE DIRECTOR	40.00	Officer	$99,551	$37,944	$137,495
GRANT COLE	FOUNDER	20.00	Officer	$46,642	$17,567	$64,209
LYNDA AUSBURN	CHAIR	1.00	Officer Director	$0	$0	$0
BARRY TEAGUE	TREASURER	1.00	Officer Director	$0	$0	$0
CORBIN ADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH DAVIDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID KNIGHT	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN STEPHENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN TEAGUE	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM WILKES	BOARD MEMBER	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	$3,802,016	$3,611,844	$350,327	$190,172
2023	$3,044,839	$3,082,299	$92,928	$-37,460
2022	$2,136,665	$2,391,442	$133,791	$-254,777
2021	$2,301,377	$2,143,749	$315,977	$157,628
2020	$1,799,725	$1,918,786	$171,991	$-119,061
2019	$1,759,691	$1,812,847	$251,828	$-53,156
2018	$1,313,092	$1,309,811	$231,121	$3,281

PARENTS WITH A PURPOSE