Pure Edge Inc
- Assets
- $739.3k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Palm Beach, FL
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 45-3182571
Organization Overview
Pure Edge Inc is located in Palm Beach, FL. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Pure Edge Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pure Edge 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 12/2021, Pure Edge Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pure Edge Inc has awarded 44 individual grants totaling $2,312,846. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOAL OF THE FOUNDATION IS TO BRING HEALTH AND WELLNESS STRATEGIES AND PROGRAMMING TO BOTH UNDERSERVED SCHOOLS AND COMMUNITIES THAT HAVE BEEN IMPACTED BY TRAUMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chi Kim Chief Exec Officer & Secretary & Direc | 40 | $346,755 | |
Gillian Mcclean Dir Of Prof Develop. | 40 | $99,021 | |
Brianne L Jablow Comptroller | 40 | $95,707 | |
Michelle Mitchell National Trainer | 40 | $92,286 | |
Conney Erin Program Manager | 40 | $91,419 | |
Anne Contreras Dir Of Programs | 40 | $88,311 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,020,400 |
| Interest on Savings | $60 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,020,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $346,755 |
| Other employee salaries and wages | $528,765 |
| Pension plans, employee benefits | $153,085 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,950 |
| Travel, conferences, and meetings | $30,313 |
| Printing and publications | $170,036 |
| Other expenses | $400,444 |
| Total operating and administrative expenses | $1,776,002 |
| Contributions, gifts, grants paid | $1,170,000 |
| Total expenses and disbursements | $2,946,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $609,200 |
| Savings and temporary cash investments | $1,001 |
| Net Accounts receivable | $100,765 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,325 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $739,291 |
| Accounts payable and accrued expenses | $43,178 |
| Grants payable | $0 |
| Deferred revenue | $475,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $518,178 |
Grants Awarded
Over the last fiscal year, Pure Edge Inc has awarded $1,170,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CASEL LOCKBOX PURPOSE: BRIDGING SOCIAL AND EMOTIONAL LEARNING AND WORKFORCE READINESS | $475,000 |
Palo Alto, CA PURPOSE: TO ENHANCE THE MISSION OBJECTIVES OF THE LEARNING POLICY INSTITUTE. | $250,000 |
Los Angeles, CA PURPOSE: TO ENHANCE THE MISSION OBJECTIVES OF NAMI WEST SIDE LA | $150,000 |
STANFORD UNIVERSITY - FISH & SHIPS PURPOSE: SUPPORTING THE FISH & SHIPS INITIATIVE. | $85,000 |
New York, NY PURPOSE: COVID COLLABORATIVE | $75,000 |
Urbana, IL PURPOSE: TO ENHANCE THE MISSION OBJECTIVES OF UNIVERSITY OF ILLINOIS FOUNDATION. | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pure Edge Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University System Of Georgia Foundation Inc Atlanta, GA | $572,651,205 | $27,479,908 |
Atlanta Neighborhood Charter School Inc Atlanta, GA | $8,677,734 | $16,201,042 |
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |
Pure Edge Inc Palm Beach, FL | $739,291 | $2,020,460 |
Alternative Education Foundation Inc Davie, FL | $702,527 | $2,696,201 |
Education Foundation Of Sarasota Co Unty Inc Sarasota, FL | $5,086,867 | $4,227,915 |