DURHAM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PURPOSE LEARNING LAB THE PREMIER DROP-IN STUDIO, founded in 2021, is a small nonprofit in the Youth Development sector that reported $208K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $201K left a modest 3% surplus.
Our goal is to create pathways during non-school hours for minority students that ignite confidence, provide evidenced-based alternatives, encourage hands-on innovation, and academic advancement.
The STEM & Wellness After School Care program provides academic enrichment and recreational opportunities for children in grades K-8. The program runs daily daily from 2:00 p.m. to 6:00 p.m. and...
The STEM & Wellness After School Care program provides academic enrichment and recreational opportunities for children in grades K-8. The program runs daily daily from 2:00 p.m. to 6:00 p.m. and includes a variety of structured activities such as STEM education, enrichment classes, crafts, and recreational play. Homework support is also provided after 4:00 p.m., with students receiving guidance from tutors, volunteers, mentors, or assistants. This comprehensive program enhances students learning, promotes creativity, and fosters physical wellness in a supportive after-school environment. Expenses for these programs include costs for transportation, food, tutoring, and arts and crafts supplies. These essential services ensure that students and participants have access to safe travel, nutritious meals, academic support, and creative materials, which contribute to a well-rounded and enriching experience.
The STEM & Wellness Camp Program operates on select non-school days and during the summer, providing full-day care from 8:00 a.m. to 5:30 p.m. for children in grades K-8. This program incorporates...
The STEM & Wellness Camp Program operates on select non-school days and during the summer, providing full-day care from 8:00 a.m. to 5:30 p.m. for children in grades K-8. This program incorporates live STEM experiments, STEM learning excursions, recreational activities, and wellness seminars, along with hands-on innovation projects. Mentorship opportunities, healing through art courses, and other enrichment activities further enhance the experience. Transportation plays a critical role in this program, for trips to STEM learning excursions and recreational activities, including visits to Carowinds Amusement Park, United Skates, and Galaxy Fun Park. These trips offer scholars exciting, hands-on learning experiences outside the classroom, reinforcing the programs focus on combining education and wellness.
The Haven 360 Project and Teen Liberation Nights create a safe and supportive third space for middle and high school students. This program offers mental health support, creative arts experiences...
The Haven 360 Project and Teen Liberation Nights create a safe and supportive third space for middle and high school students. This program offers mental health support, creative arts experiences, service-learning opportunities, and social events, all designed to help teens develop life skills and find a sense of community. This program prioritizes emotional well-being, empowerment through arts, and personal development, providing an inclusive environment for personal growth and social interaction. Program expenses cover transportation, food, music, creative arts, and mental health sessions, all of which play a crucial role in fostering social and personal development. Additionally, the STEM After Dark program provides an innovative and engaging environment where students can explore STEM-related activities after regular hours, further enhancing their learning experience and personal growth.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $208,006 | $184,216 | +0.1% |
| Expenses | $201,343 | $149,926 | +0.3% |
| Net Income | $6,663 | $34,290 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MYISHANKA MCMILLIAN | EXECUTIVE DIRECTOR | 60.00 |
Director
|
$28,650 | $0 | $28,650 |
| ANGELA CROPPS | VICE CHAIR/TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| SHAQUITA CANTY | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| SHILANKA WARE | ATTORNEY | 2.00 |
Officer
|
$0 | $0 | $0 |
| CYRSTAL GRAHAM | FINANCE DIRECTOR | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $208,006 | $201,343 | No data | $6,663 |
Compare PURPOSE LEARNING LAB THE PREMIER DROP-IN STUDIO with other nonprofits in North Carolina and across the country.