Providence Heights Fka The Purpose
- Assets
- $466.3k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Bellevue, WA
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 43-1968326
Organization Overview
Providence Heights Fka The Purpose is located in Bellevue, WA. The organization was established in 2003. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2021, Providence Heights Fka The Purpose employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Heights Fka The Purpose 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 12/2021, Providence Heights Fka The Purpose generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 72.9% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 82.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING PEOPLE IN NEED WITH HOUSING, EMPLOYMENT OPPORTUNITIES, AND PERSONAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TRAINING, EDUCATION, HOUSING, AND OPPORTUNITIES FOR BUSINESS CREATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Seaton Chief Program Officer | Officer | 40 | $115,265 |
Sophally Showalter Board Member (until 2/2021) | Trustee | 3 | $0 |
Stephen Macdonald Interim Chair | OfficerTrustee | 3 | $0 |
Lisa Bailey Secretary | OfficerTrustee | 3 | $0 |
Eric Scroggins Treasurer | OfficerTrustee | 3 | $0 |
Christine Soule Founder & CEO | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,143 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,342,197 |
| Noncash contributions included in lines 1a–1f | $63,111 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,358,340 |
| Total Program Service Revenue | $25,243 |
| Investment income | $270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,100 |
| Net Income from Fundraising Events | -$76,907 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,310,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $235,350 |
| Compensation of current officers, directors, key employees. | $103,613 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,775 |
| Pension plan accruals and contributions | $2,016 |
| Other employee benefits | $19,091 |
| Payroll taxes | $32,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,000 |
| Fees for services: Accounting | $8,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,797 |
| Advertising and promotion | $50,786 |
| Office expenses | $23,737 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $336,945 |
| Travel | $2,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,113 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $650 |
| Insurance | $4,023 |
| All other expenses | $0 |
| Total functional expenses | $1,087,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,597 |
| Savings and temporary cash investments | $75,486 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,455 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $32,388 |
| Net Land, buildings, and equipment | $12,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $466,267 |
| Accounts payable and accrued expenses | $57,834 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $57,834 |
| Net assets without donor restrictions | $387,140 |
| Net assets with donor restrictions | $21,293 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $466,267 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Providence Heights Fka The Purpose has recieved totaling $604,600.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $582,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $22,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stand For Children Leadership Center Portland, OR | $49,704,888 | $40,592,191 |
Friends Of Kexp Seattle, WA | $29,661,098 | $14,424,316 |
Skagit Gleaners Mount Vernon, WA | $1,099,319 | $4,011,965 |
Siff Seattle, WA | $8,790,308 | $6,032,606 |
Homewood Corporation Milwaukie, OR | $6,584,808 | $3,048,187 |
Providence Heights Fka The Purpose Bellevue, WA | $466,267 | $1,310,046 |
Camp Tamarack Bend, OR | $692,255 | $1,157,688 |
West Seattle Helpline Seattle, WA | $0 | $474,328 |
Toy And Joymakers Program Portland Bureau Of Fire Portland, OR | $1,303,587 | $660,877 |
Wa Sang Foundation Seattle, WA | $3,494,140 | $620,068 |
One Roof Foundation Seattle, WA | $48,330 | $573,451 |
Restore Assemble Produce Kent, WA | $104,313 | $484,364 |