Purposity Foundation Inc (EIN 821968980) - 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

2017

Legal Domicile

Principal Officer

Blake Canterbury

Phone

7703656656

Tax Period

2024-01-01 to 2024-12-31

Purposity Foundation Inc, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $716K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $122K, a strong 17% operating margin.

Mission

The mission of Purposity Foundation is to inspire people to live generously and find purpose through generosity. Purposity pursues this mission through the utilization of unique technology, that links willing donors with qualifying needs.

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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 $716,033

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $716,033

Expense Breakdown

Grants Paid $181,144

Salaries & Benefits $281,751

Fundraising Expenses $0

Program Expenses $477,880

Other Expenses $130,935

TOTAL EXPENSES $593,830

Year-over-Year Comparison

	2024	2023	Change
Revenue	$716,033	$647,241	+0.1%
Expenses	$593,830	$1,085,084	-0.5%
Net Income	$122,203	$-437,843	-1.3%

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

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

$160,000

Total Directors

$80,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Blake Canterbury	President & CEO	50.00	Officer Director	$80,000	$0	$80,000
Gared Jones	COO	50.00	Officer	$80,000	$0	$80,000
Gunnar Olson	Director	10.00	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	No data	No data	No data	No data
2024	$716,033	$593,830	$323,647	$122,203
2023	$647,241	$1,085,084	$218,322	$-437,843
2022	$992,442	$1,114,643	$504,988	$-122,201
2021	$1,416,814	$1,099,694	$616,459	$317,120
2020	$893,297	$825,655	$137,078	$67,642
2019	$1,343,435	$1,021,446	$474,789	$321,989
2018	$395,294	$297,144	$170,525	$98,150
2018	$395,294	$297,144	$170,525	$98,150

Purposity Foundation Inc