DISCOVERING POWER AND PURPOSE INC

EIN: 844872639 501(c)(3) Human Services

Frisco, TX

Total Revenue
$306,957
Total Expenses
$13,292
Total Assets
$443,104
Net Assets
$320,910
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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
2020
Legal Domicile
TX
Principal Officer
Alida MacKenzie
Phone
4694287203
Tax Period
2023-01-01 to 2023-12-31

DISCOVERING POWER AND PURPOSE INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $307K in total revenue in fiscal year 2023. Revenue surged 723% from the prior year, signaling strong growth momentum. The organization ran a surplus of $294K, a strong 96% operating margin.

Mission

Discovering Power and Purpose Inc focuses on equipping, empowering and helping individuals emerge stronger and focused on their purpose. Restoring hearts, transforming minds and launching lives of power and purpose. Providing workshops in a safe and comfortable environment to help teenagers, young adults and adults with coping skills, stress management and resiliency skills. Helping individuals to identify their purpose and plan for purposeful living. Equipping individuals to coach others.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $306,957
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $306,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $409
Program Expenses $4,339
Other Expenses $13,292
TOTAL EXPENSES $13,292

Year-over-Year Comparison

2023 2022 Change
Revenue $306,957 $37,317 +7.2%
Expenses $13,292 $35,098 -0.6%
Net Income $293,665 $2,219 +131.3%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Bradley King Director 1
Director
$0 $0 $0
Andre MacKenzie Director 1
Director
$0 $0 $0
Dr Neecie Moore Treasurer 1
Director
$0 $0 $0
Karina Mundie Secretary 2
Director
$0 $0 $0
Kristy Kerns Director 1
Director
$0 $0 $0
Kim Higgins Director 2
Director
$0 $0 $0
Alida MacKenzie President 5
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
2023 $306,957 $13,292 $443,104 $293,665
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