Place Of Purpose Inc
- Assets
- $14.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- El Paso, TX
- Founding
- 12/2014
- Data as of
- 12/2020
- EIN
- 35-2484849
Organization Overview
Place Of Purpose Inc is located in El Paso, TX. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Place Of Purpose Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Place Of Purpose Inc generated $26.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $23.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO BRING ENCOURAGEMENT, FAITH, HOPE, FEED THE NEEDY, AND SERVICE THE COMMUNITY AND THOSE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Davis President - Pastor | 60 | $0 | |
Florence Owens-Davis Treasury - Secretary | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,015 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $17,258 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,835 |
| Total expenses | $23,393 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,565 |
| Other assets | $0 |
| Total assets | $14,547 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,547 |