PURCHASING WITH PURPOSE INC

EIN: 932176814 501(c)(3) Community Improvement

Dexter, MI

Total Revenue
$411,421
Total Expenses
$266,443
Total Assets
$186,648
Net Assets
$146,475
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MI
Principal Officer
Rebecca Dray
Phone
4077973584
Tax Period
2024-01-01 to 2024-12-31

PURCHASING WITH PURPOSE INC, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $411K in total revenue in fiscal year 2024. Revenue surged 8128% from the prior year, signaling strong growth momentum. The organization ran a surplus of $145K, a strong 35% operating margin.

Mission

Supporting organizations that put people and planet before profit. Creating network of impact networks that support these orgs to grow, expand impact, work in partnership with gov't, corporate, faith based, non-profit and others, expand ways in which these orgs promote community welfare, benefit those in need, lessen gov't burden and find solutions for environmental challenges.

Program Service Accomplishments

Program 1
Expenses: $201,534 Revenue: $1,000

Technical Services 1) Held an in person gathering in Chicago to launch the concept of the new entity and to gain support and trust from local and national network partners to join the collaborative...

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Technical Services 1) Held an in person gathering in Chicago to launch the concept of the new entity and to gain support and trust from local and national network partners to join the collaborative. 2) Received 20 signed Collaboration Commitment forms from national and local networks and onboarded their senior staff into monthly network meetings, shared Google Drive and shared Slack channels. 3) Carried out a Power Mapping process with all 20 networks to identify areas of shared interest, potential duplication and collective action. 4) Run a place based purchasing project in Portland and developed another that will launch in Chicago in January 2025, as well as forming a pipeline of 10 more programs across ten other U.S. geographies. 5) Worked with SAP to embed People and Planet First verified enterprises into customer events in New York (twice) and Dallas. - Started work on a national mapping project to carry out collaborative action research across the country, finding and earning from enterprises and networks that would meet the needs of purchasers across all sectors. 6) Supported multiple enterprises to become verified and enter supply chains 7) Supported networks with interest areas such as policy design, purchasing for the LA Olympics in 2028 and the World Cup in Houston in 2026. 8) Formed the outline for a Corporate Action Group and Intrapreneurship Training Program as well as a partnership with Impact Hubs in the U.S. and Brazil to run a capacity building and purchasing program in 2025.

Program 2
Expenses: $2 Revenue: $3,431

Verification. Worked with 107 enterprises to support them through People and Planet First verification. Worked with 7 impact networks to bring them on as verification partners. Supported the...

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Verification. Worked with 107 enterprises to support them through People and Planet First verification. Worked with 7 impact networks to bring them on as verification partners. Supported the international verification administration. Given talks and presentations at conferences, webinars and events throughout the country to highlight the need for verification.

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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 $406,990
Program Service Revenue $4,431
Investment Income $0
Other Revenue $0
TOTAL REVENUE $411,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $19,167
Program Expenses $201,536
Other Expenses $266,443
TOTAL EXPENSES $266,443

Year-over-Year Comparison

2024 2023 Change
Revenue $411,421 $5,000 +81.3%
Expenses $266,443 $3,503 +75.1%
Net Income $144,978 $1,497 +95.8%
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
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebecca Dray Executive Director - Treasurer 40
Officer
$0 $0 $0
Dr Amanda Kiessel Secretary 5
Officer
$0 $0 $0
Eric Lombardi President 1
Officer
$0 $0 $0
Gerry Higgins Director 1
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 $411,421 $266,443 $186,648 $144,978
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