Purpose Point Community Resource Center Inc
- Assets
- $1.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 30
- Location
- Chattanooga, TN
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-3152803
Organization Overview
Purpose Point Community Resource Center Inc is located in Chattanooga, TN. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Purpose Point Community Resource Center Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purpose Point Community Resource Center 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 12/2022, Purpose Point Community Resource Center Inc generated $1.1m in total revenue. All expenses for the organization totaled $708.8k during the year ending 12/2022. While expenses have increased by 96.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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.
TRAMATIC HEALING-PROVIDES A COMMUNITY BASED APPROACH TO ADDRESSING THE EPIDEMIC OF PTSD AND OTHER MENTAL HEALTH ISSUES IN URBAN NEIGHBORHOODS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Hitchcock Board Chair | OfficerTrustee | 0.48 | $0 |
Lucia Cook Board Vice-Chair | OfficerTrustee | 0.19 | $0 |
Timothy Scotton Treasurer | OfficerTrustee | 0.19 | $0 |
Ternae Jordan Sr Board Member | Trustee | 0.48 | $0 |
Andrew Thompson Board Member | Trustee | 0.19 | $0 |
Hal Bowling Board Member | Trustee | 0.19 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223,478 |
| All other contributions, gifts, grants, and similar amounts not included above | $486,191 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $709,669 |
| Total Program Service Revenue | $437,707 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,147,376 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $451,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,172 |
| Payroll taxes | $36,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20 |
| Fees for services: Accounting | $23,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,374 |
| Advertising and promotion | $5,603 |
| Office expenses | $1,990 |
| Information technology | $5,625 |
| Royalties | $0 |
| Occupancy | $6,907 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,400 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,115 |
| Insurance | $6,298 |
| All other expenses | $6,743 |
| Total functional expenses | $708,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,317 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $93,660 |
| 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 | $1,105 |
| Net Land, buildings, and equipment | $807,776 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,282,858 |
| Accounts payable and accrued expenses | $167 |
| 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 | $167 |
| Net assets without donor restrictions | $1,182,091 |
| Net assets with donor restrictions | $100,600 |
| 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 | $1,282,858 |