Purple Plunge

EIN: 811859187 501(c)(3) Diseases & Disorders

Lake Zurich, IL

Total Revenue
$278,833
Total Expenses
$196,248
Total Assets
$187,937
Net Assets
$187,937
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IL
Principal Officer
PAUL HUNT
Phone
8473060753
Tax Period
2024-01-01 to 2024-12-31

Purple Plunge, founded in 2017, is a small nonprofit in the Diseases & Disorders sector that reported $279K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 30% operating margin.

Mission

PROVIDE FINANCIAL SUPPLEMENT TO FAMILIES OF CANCER PATIENTS IN ORDER TO HELP OFFSET MISC. EXPENSES

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $6,810
Other Revenue $272,023
TOTAL REVENUE $278,833

Expense Breakdown

Grants Paid $191,425
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $191,425
Other Expenses $4,823
TOTAL EXPENSES $196,248

Year-over-Year Comparison

2024 2023 Change
Revenue $278,833 $204,676 +0.4%
Expenses $196,248 $193,070 +0.0%
Net Income $82,585 $11,606 +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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
20

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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL HUNT PRESIDENT 005.00
Officer Director
$0 $0 $0
BARRY BORDENAVE VICE PRESIDENT 005.00
Officer Director
$0 $0 $0
BREE ZINKLE TREASURER 005.00
Officer Director
$0 $0 $0
JERI SHADRICK SECRETARY 005.00
Officer Director
$0 $0 $0
DANIELLE MONTEMAYOR DIRECTOR 005.00
Director
$0 $0 $0
ANDREW EPSTEIN DIRECTOR 005.00
Director
$0 $0 $0
JOE BORDENAVE DIRECTOR 005.00
Director
$0 $0 $0
KARI HUNT DIRECTOR 005.00
Director
$0 $0 $0
LINDA POLL DIRECTOR 005.00
Director
$0 $0 $0
CAROL HANNEGAN DIRECTOR 005.00
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 $278,833 $196,248 $187,937 $82,585
2023 $204,676 $193,070 $105,352 $11,606
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Purple Plunge with other nonprofits in Illinois and across the country.