PURPOSE FOUNDER (EIN 842007095) - 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

2019

Legal Domicile

Principal Officer

DAVID PATALSKY

Phone

4809992387

Tax Period

2024-01-01 to 2024-12-31

PURPOSE FOUNDER, founded in 2019, is a small nonprofit in the Religion sector that reported $286K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $362K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE COMPANY'S MISSION IS TO HELP PEOPLE CONNECT TO JESUS AND TO ONE-ANOTHER BY BUILDING C0MMUNITY AMONG THOSE WHO WANT TO GROW THEIR RELIGIOUS CONVICTIONS AND RELATIONSHIP WITH JESUS.

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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 $285,601

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $285,601

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,061

Program Expenses $299,969

Other Expenses $362,258

TOTAL EXPENSES $362,258

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,601	$379,079	-0.2%
Expenses	$362,258	$388,754	-0.1%
Net Income	$-76,657	$-9,675	+6.9%

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

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
JOSIAH GRIMES	President	0.50	Director	$0	$0	$0
JAMES WEBER	Secretary	0.25	Director	$0	$0	$0
NATHAN CAHILL	Director	0.25	Director	$0	$0	$0
PAUL SCHRUBRING	Director	0.25	Director	$0	$0	$0
STEVE CHANG	Director	0.25	Director	$0	$0	$0
HUNTER RUNYON	Treasurer	0.25	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	$285,601	$362,258	$5,669	$-76,657
2023	$379,079	$388,754	$149,119	$-9,675
2022	$301,812	$208,479	$93,668	$93,333

PURPOSE FOUNDER