DAVE PURCHASE PROJECT

EIN: 911435394 501(c)(3) Diseases & Disorders

TACOMA, WA

Total Revenue
$11,355,890
Total Expenses
$10,489,580
Total Assets
$7,980,387
Net Assets
$6,168,081
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
WA
Principal Officer
PAUL LAKOSKY
Phone
2532724857
Tax Period
2024-07-01 to 2025-06-30

DAVE PURCHASE PROJECT, founded in 1988, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $11.4M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $10.5M left a modest 8% surplus.

Mission

TACOMA NEEDLE EXCHANGE IS THE FIRST LEGALLY SANCTIONED SYRINGE EXCHANGE PROGRAM (SEP) IN THE UNITED STATES. IT WAS FOUNDED BY DAVE PURCHASE, A DRUG AND ALCOHOL COUNSELOR, IN AUGUST 1988 IN RESPONSE TO THE HIV/AIDS EPIDEMIC. TACOMA NEEDLE EXCHANGE WAS INCORPORATED AS THE POINT DEFIANCE AIDS PROJECTS (PDAP), A NOT-FOR- PROFIT 501 (C)(3) ON DECEMBER 5, 1988. IN 1993, TO MEET THE NEEDS OF A NASCENT US HARM REDUCTION MOVEMENT, PDAP EXPANDED NATIONALLY AND FORMED THE NORTH AMERICAN SYRINGE EXCHANGE NETWORK (NASEN) TO PROVIDE HIGH-QUALITY, LOW COST, HARM REDUCTION SUPPLIES TO SEPS THROUGHOUT THE US. IN AUGUST 2018, ON THE 30TH ANNIVERSARY OF ITS FOUNDING, POINT DEFIANCE AIDS PROJECTS FORMALLY CHANGED ITS NAME TO DAVE PURCHASE PROJECT (DPP) IN HONOR OF ITS FOUNDER. TACOMA NEEDLE EXCHANGE (TNE) AND THE NORTH AMERICAN SYRINGE EXCHANGE NETWORK (NASEN) ARE BOTH INITIATIVES OF DAVE PURCHASE PROJECT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,987,436
Program Service Revenue $0
Investment Income $45,008
Other Revenue $3,323,446
TOTAL REVENUE $11,355,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,663,787
Fundraising Expenses $0
Program Expenses $10,072,176
Other Expenses $8,825,793
TOTAL EXPENSES $10,489,580

Year-over-Year Comparison

2024 2023 Change
Revenue $11,355,890 $12,638,843 -0.1%
Expenses $10,489,580 $11,852,247 -0.1%
Net Income $866,310 $786,596 +0.1%
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
10
Independent Members
10
Employees
29
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
7
$402,907
Total Directors
12
$270,109
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE CHRISTENSEN TREASURER 3.00
Officer Director
$0 $0 $0
DR DOUGLAS TUFTS BOARD MEMBER 3.00
Director
$0 $0 $0
DR JAY PATEL PRESIDENT 3.00
Officer Director
$0 $0 $0
DR PAT VIRGIL VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
FEDERICO CRUZ-URIBE BOARD MEMBER 3.00
Director
$0 $0 $0
KARA KOEHN BOARD MEMBER 3.00
Director
$0 $0 $0
KENDALL HARMAN BOARD MEMBER 3.00
Director
$0 $0 $0
KIAN LEGGETT BOARD MEMBER 3.00
Director
$0 $0 $0
MICHAEL CARROLL BOARD SECRETARY 3.00
Officer Director
$0 $0 $0
PAUL LAKOSKY EXECUTIVE DIRECTOR 40.00
Officer Director
$143,620 $12,202 $155,822
STEPHANIE PROHASKA DIRECTOR OF OPERATIONS 40.00
Officer Director
$102,739 $11,548 $114,287
TONY PAGE BOARD MEMBER 3.00
Director
$0 $0 $0
SANDRA MOORE DIRECTOR OF FINANCE 40.00
Officer
$121,823 $10,975 $132,798
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
2025 $11,355,890 $10,489,580 $7,980,387 $866,310
2024 $12,638,843 $11,852,247 $7,669,261 $786,596
2023 $9,291,583 $8,894,923 $7,168,226 $396,660
2022 $8,704,154 $7,835,725 $6,550,789 $868,429
2021 $7,207,936 $5,660,425 $7,001,540 $1,547,511
2020 $5,317,865 $4,677,194 $5,781,756 $640,671
2019 $4,086,620 $3,990,870 $5,018,658 $95,750
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