Purposeful Growth Institute Inc

EIN: 870849586 501(c)(3) Education

Greenwich, CT

Total Revenue
$425,381
Total Expenses
$413,559
Total Assets
$72,394
Net Assets
$65,026
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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
2021
Legal Domicile
CT
Principal Officer
Nell Derick Debevoise
Phone
9176582733
Tax Period
2023-01-01 to 2023-12-31

Purposeful Growth Institute Inc, founded in 2021, is a small nonprofit in the Education sector that reported $425K in total revenue in fiscal year 2023. Revenue surged 885% from the prior year, signaling strong growth momentum.

Mission

PGI is a social impact organization committed to developing the leaders needed to create a more inclusive and sustainable version of capitalism that is fair and healthy for all people and our planet.

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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 $0
Program Service Revenue $425,054
Investment Income $327
Other Revenue $0
TOTAL REVENUE $425,381

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $405,395
Other Expenses $413,559
TOTAL EXPENSES $413,559

Year-over-Year Comparison

2023 2022 Change
Revenue $425,381 $43,203 +8.8%
Expenses $413,559 N/A N/A
Net Income $11,822 $43,203 -0.7%
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
3
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
1
$26,626
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nell Derick Debevoise CEO 20.00
Key Emp
$26,626 $0 $26,626
Humaira Wakili Director 1.00
Officer
$0 $0 $0
Jayne Rosefield Director 1.00
Officer
$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 $425,381 $413,559 $72,394 $11,822
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