Focused Virtue Inc

EIN: 872968653 501(c)(3) Arts, Culture & Humanities

Alpharetta, GA

Total Revenue
$52,795
Total Expenses
$120,966
Total Assets
$2,816
Net Assets
$-68,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
GA
Principal Officer
Edward Cochran
Phone
6786410266
Tax Period
2023-01-01 to 2023-12-31

Focused Virtue Inc, founded in 2021, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $53K in total revenue in fiscal year 2023. Expenses of $121K exceeded revenue, resulting in a 129% operating deficit.

Mission

Focused Virtue's mission is to investigate and expose to the public illegal and corrupt activities in businesses associated with the production or distribution of pornography. These illegal and corrupt activities that Focused Virtue will expose include producers and distributors' knowledge of human trafficking, their inability or unwillingness to track, remove, and report to authorities hosted illegal content, and their marketing towards minors. Focused Virtue seeks to inform the public of the dangers of internet pornography industries through revelatory investigations. The President and, as far as funding will allow, other contracted and employed journalists will conduct Focused Virtue's investigations across the country. About 80 per cent of the organization's time will be spent in the field planning and conducting these investigations and meeting with subjects of these investigations. Upon successful investigations, Focused Virtue will publish its exposes of its subjects on its web

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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 $51,914
Program Service Revenue $0
Investment Income $881
Other Revenue $0
TOTAL REVENUE $52,795

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $120,966
Other Expenses $120,966
TOTAL EXPENSES $120,966

Year-over-Year Comparison

2023 2022 Change
Revenue $52,795 N/A N/A
Expenses $120,966 N/A N/A
Net Income $-68,171 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward Cochran President & Board member 5.00
Officer Director
$0 $0 $0
Dan Marsceau Board member 0.50
Director
$0 $0 $0
Laurie Jerram Board member 0.5
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
2023 $52,795 $120,966 $2,816 $-68,171
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