WORTHY PURPOSE INC (EIN 871672805) - 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

2021

Legal Domicile

Phone

8777880742

Tax Period

2023-01-01 to 2023-12-31

WORTHY PURPOSE INC, founded in 2021, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $507K in total revenue in fiscal year 2023. Revenue surged 176% from the prior year, signaling strong growth momentum. The organization ran a surplus of $305K, a strong 60% operating margin.

Mission

At Worthy Purpose Inc. our mission is to alleviate hunger by providing nutritious meals to families seniors and individuals in need. We are dedicated to fostering community well-being through food distribution and compassionate service ensuring that everyone has access to the sustenance they deserve. Through our efforts we aim to uplift those in need and create a stronger healthier community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $507,474

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $507,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $200

Program Expenses $202,000

Other Expenses $202,000

TOTAL EXPENSES $202,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$507,474	$183,567	+1.8%
Expenses	$202,000	$115,000	+0.8%
Net Income	$305,474	$68,567	+3.5%

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

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
Nadiyah Johnson	CEO FOUNDER	40.00	Officer	$0	$0	$0
Queen Johnson	Vice President Co-founder	20.00	Officer	$0	$0	$0
Jessica Hernandez	Board Member	0.00	Director	$0	$0	$0
Vincent M Charles	Board Member	0.00	Director	$0	$0	$0
Katy Perez	Board Member	0.00	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
2023	$507,474	$202,000	$627,360	$305,474

WORTHY PURPOSE INC