TRAVELING WITH A PURPOSE FOUNDATIO… - Form 990 Financial Data

🔒

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

2019

Legal Domicile

Principal Officer

BETHANY MEACHAN

Phone

6512709867

Tax Period

2024-01-01 to 2024-12-31

TRAVELING WITH A PURPOSE FOUNDATION LTD, founded in 2019, is a micro nonprofit in the International Affairs sector that reported $21K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $11K, a strong 53% operating margin.

Mission

CREATING LONG TERM PARTNERSHIPS WITH COMMUNITIES AROUND THE GLOBE THROUGH TRAVEL AND VOLUNTEERS THAT SUPPORT COMMUNITY NEEDS WHILE RESPECTING LOCAL CULTURE.

Program Service Accomplishments

Program 1

Expenses: $6,894 Revenue: $18,334

CREATE SUSTAINABLE SOURCES OF ELECTRICITY AND FOOD WHILE PROVIDING EDUCATION TO HELP THE GIRLS AT THE MONTEGO BAY COMMUNITY HOME FOR GIRLS (MELODY HOME) BECOME SELF SUFFICIENT YOUNG WOMEN WHO CAN...

CREATE SUSTAINABLE SOURCES OF ELECTRICITY AND FOOD WHILE PROVIDING EDUCATION TO HELP THE GIRLS AT THE MONTEGO BAY COMMUNITY HOME FOR GIRLS (MELODY HOME) BECOME SELF SUFFICIENT YOUNG WOMEN WHO CAN SUPPORT THEMSELVES FINANCIALLY ONCE THEY LEAVE. 1 SEPERATE TRIPS OF VOLUTEERS WERE MADE THIS YEAR AND WE HELPED APPROXIMATELY 30 GIRLS.

Program 2

CREATE SUSTAINABLE SOURCES OF ELECTRICITY AND FOOD WHILE PROVIDING EDUCATION TO HELP GIRLS IN TANZANIA BECOME SELF SUFFICIENT YOUNG WOMEN WHO CAN SUPPORT THEMSELVES FINANCIALLY ONCE THEY LEAVE. 0...

CREATE SUSTAINABLE SOURCES OF ELECTRICITY AND FOOD WHILE PROVIDING EDUCATION TO HELP GIRLS IN TANZANIA BECOME SELF SUFFICIENT YOUNG WOMEN WHO CAN SUPPORT THEMSELVES FINANCIALLY ONCE THEY LEAVE. 0 SEPERATE TRIPS OF VOLUTEERS WERE MADE THIS YEAR. WE WERE ABLE TO DONATE SOME SUPPLIES TO 0 ORGANIZATION IN TANZANIA.

🔒

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 $2,650

Program Service Revenue $18,334

Investment Income $0

Other Revenue $0

TOTAL REVENUE $20,984

Expense Breakdown

Grants Paid $5,270

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,894

Other Expenses $4,600

TOTAL EXPENSES $9,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,984	$26,257	-0.2%
Expenses	$9,870	$34,453	-0.7%
Net Income	$11,114	$-8,196	-2.4%

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
KARRI COLBERG	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TAYLOR FEUERHEIM	SOCIAL MEDIA	N/A	Officer Director	$0	$0	$0
KRISTIN FRYMAN	SECRETARY &	N/A	Officer Director	$0	$0	$0
HEATHER HOOD	SOCIAL MEDIA	N/A	Officer Director	$0	$0	$0
TONJA LESMEISTER	PRESIDENT &	N/A	Officer Director	$0	$0	$0
BETHANY MEACHAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
JACK TOCHO	TREASURER &	N/A	Officer 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	$20,984	$9,870	$99,678	$11,114
2023	$26,257	$34,453	$95,849	$-8,196
2022	$24,435	$17,769	$99,448	$6,666
2021	$89,906	$33,883	$97,078	$56,023
2020	$37,738	$22,937	$35,511	$14,801

TRAVELING WITH A PURPOSE FOUNDATION LTD