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)

4 risk indicators measuring financial stability and operational resilience

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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.

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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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