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Nonprofiteer
← PURPOSE POINT COMMUNITY RESOURCE CENTER INC

Form 990 for tax year 2023

Filed by PURPOSE POINT COMMUNITY RESOURCE CENTER INC.

Totals

Total revenue
$3,455,936
Total expenses
$1,226,477
Contributions and grants received
$3,173,668
Grants paid
$0
Program service revenue
$282,268
Investment income
$0
Other revenue
$0
Total assets, end of year
$4,519,697
Total liabilities, end of year
$1,007,547
Net assets or fund balances, end of year
$3,512,150
Program services expenses (Part IX)
$1,165,251
Management and general expenses
$61,226
Fundraising expenses
$0
Program service expenses (Part III)
$1,165,251

Program services were 95.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,664,697

  • 1f · All other contributions, gifts and grants

    $1,508,971

  • 2a · Program service revenue: TUITION PAYMENTS

    total $282,268 · related or exempt $282,268

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $755,490 · program services $755,490

  • 9 · Other employee benefits

    total $6,207 · program services $5,997 · management and general $210

  • 10 · Payroll taxes

    total $62,325 · program services $62,136 · management and general $189

  • 11b · Fees: legal

    total $21 · management and general $21

  • 11c · Fees: accounting

    total $49,880 · management and general $49,880

  • 11g · Fees: other

    total $66,929 · program services $65,827 · management and general $1,102

  • 12 · Advertising and promotion

    total $8,407 · program services $8,026 · management and general $381

  • 13 · Office expenses

    total $8,516 · program services $8,186 · management and general $330

  • 16 · Occupancy

    total $7,275 · program services $3,497 · management and general $3,778

  • 17 · Travel

    total $1,020 · program services $342 · management and general $678

  • 19 · Conferences, conventions and meetings

    total $8,250 · program services $8,250

  • 20 · Interest

    total $3,578 · program services $3,578

  • 22 · Depreciation, depletion and amortization

    total $46,407 · program services $46,407

  • 23 · Insurance

    total $6,580 · program services $6,112 · management and general $468

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $92,963 · program services $92,759 · management and general $204

  • 24b · Other expenses: FOOD DISTRIBUTION

    total $46,796 · program services $46,698 · management and general $98

  • 24c · Other expenses: HOUSEKEEPING EXPENSES

    total $36,076 · program services $36,076

  • 24d · Other expenses: BANK FEES/CREDIT CARD F

    total $6,326 · program services $3,373 · management and general $2,953

  • 24e · All other expenses

    total $13,431 · program services $12,497 · management and general $934

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $380,317 · end of year $590,447

  • 4 · Accounts receivable

    beginning of year $93,660 · end of year $159,380

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,105 · end of year $2,734

  • 10a · Land, buildings and equipment: cost or other basis

    $937,604

  • 10b · Land, buildings and equipment: accumulated depreciation

    $97,602

  • 10c · Land, buildings and equipment, net

    beginning of year $807,776 · end of year $840,002

  • 15 · Other assets

    beginning of year $0 · end of year $2,927,134

  • 17 · Accounts payable and accrued expenses

    beginning of year $167 · end of year $368,952

  • 25 · Other liabilities

    beginning of year $0 · end of year $638,595

  • 27 · Net assets without donor restrictions

    beginning of year $1,182,091 · end of year $3,410,314

  • 28 · Net assets with donor restrictions

    beginning of year $100,600 · end of year $101,836

Mission and programs · 2023

Mission

PURPOSE POINT COMMUNITY RESOURCE CENTER'S MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES BY EMPOWERING THEM TO MEET THE CHALLENGES OF DAILY LIVING USING COMPREHENSIVE METHODS THAT WILL ADDRESS THE EDUCATIONAL, HEALTH AND SOCIO-ECONOMIC WELL-BEING OF THE COMMUNITY.

  • LEARNING ACADEMY-THE CONTINUED SHORTAGE OF OVER 2,500 EARLY CHILDHOOD SEATS AVAILABLE IN UNDERSERVED COMMUNITIES OF CHATTANOOGA, OUR ACADEMY IS LOCATED IN AN AREA WITH A 72% MINORITY POPULATION AREA, WITH MORE THAN 68% OF FAMILIES WITH A TOTAL HOUSEHOLD INCOME UNDER $42,000. OUR ACADEMY OPENED IN OCTOBER 2021 SERVING 8 STUDENTS AND QUICKLY GREW TO 60 PLUS WITHIN A YEAR. CONSTRUCTION OF PHASE II BEGAN IN JANUARY OF 2023 TO EXPAND SEATS AVAILABLE IN OUR ACADEMY. CURRENTLY WE ARE SERVING 140 STUDENTS WITH A WAITING LIST OF OVER 82.

    Expenses $990,056 · Revenue $282,268

  • COMMUNITY HEALTH & WELLNESS-PROVIDES FREE HEALTH CARE TO PATIENTS IN A COMMUNITY THAT HAS THE WORST HEALTH DISPARITIES IN THE STATE OF TENNESSEE (ZIP CODE 37406). FOCUSING ON PHYSICAL, EMOTIONAL AND SPIRITUAL CARE NEEDS. OFFERING NUTRITIONAL EDUCATION AND COOKING CLASSES (HEALTHY WAYS). PROVIDING FRESH VEGETABLES IN OUR COMMUNITY GARDEN. HAVING A CENTRAL POINT OF BUILDING A HEALTHY COMMUNITY.

    Expenses $127,930

  • TRAMATIC HEALING-PROVIDES A COMMUNITY BASED APPROACH TO ADDRESSING THE EPIDEMIC OF PTSD AND OTHER MENTAL HEALTH ISSUES IN URBAN NEIGHBORHOODS.

    Expenses $47,265

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • WALTER HITCHCOCK

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.48

  • LUCIA COOK

    BOARD VICE-CHAIR

    Total calculated
    $0
    Hours/week
    0.19

  • TIMOTHY SCOTTON

    TREASURER

    Total calculated
    $0
    Hours/week
    0.19

  • TERNAE JORDAN SR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.48

  • ANDREW THOMPSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.19

  • HAL BOWLING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.19

  • KEN STRIPLING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.19

  • MARK WEST

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.19

  • LURONE JENNINGSSR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.19

  • STEPHEN DUGGINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.19

  • LORRAINE MILLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.19

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 October 2024
IRS schema version
2023v5.1
Source object
202412759349300416

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