Power Of Putnam Inc
- Assets
- $146.2k
- Revenue
- $914.3k
- Investments
- $0.0
- Employees
- 12
- Location
- Cookeville, TN
- Founding
- 05/2009
- Data as of
- 09/2023
- EIN
- 26-3283746
Organization Overview
Power Of Putnam Inc is located in Cookeville, 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 09/2023, Power Of Putnam Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power Of Putnam 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 09/2023, Power Of Putnam Inc generated $914.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $887.3k during the year ending 09/2023. While expenses have increased by 15.1% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT AND ADMINISTER VARIOUS SUBSTANCE ABUSE PREVENTION AND AWARENESS PROGRAMS AND PROMOTE COMMUNITY INVOLVEMENT IN THESE PROGRAMS TO BUILD A HEALTHY AND DYNAMIC COMMUNITY FREE OF DRUG, TOBACCO, AND ALCOHOL ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRATEGIC PREVENTION FRAMEWORK-PARTNERSHIP FOR SUCCESS PROGRAM: COORDINATE PROGRAMS TO REDUCE THE NON-MEDICAL USE OF PRESCRIPTION DRUGS AND ABUSE RELATED PROBLEMS AND CONSEQUENCES IN TENNESSEE.
DRUG-FREE COMMUNITIES PROGRAM: SUPPORTS COLLABORATION AMONG COMMUNITY ENTITIES TO REDUCE SUBSTANCE USE AMONG YOUTH. WORKS WITH LEADERS WITHIN THE COMMUNITY TO IDENTIFY AND ADDRESS LOCAL YOUTH SUBSTANCE USE PROBLEMS AND CREATE SUSTAINABLE CHANGE THROUGH ENVIRONMENTAL PREVENTION STRATEGIES. THE TOTAL VALUE OF DONATED SERVICES, SPACE, AND OTHER MATERIALS TO THIS PROGRAM IS $276,770.
ESTABLISHED COALITIONS PROGRAM: COORDINATES THE IMPLEMENTATION OF SUBSTANCE ABUSE PREVENTION STRATEGIES TO ADDRESS UNDERAGE DRINKING AND TABACCO USE; BUILDS COMMUNITY LEVEL INFRASTRUCTURE TO PREVENT THE ONSET AND REDUCE THE PROGRESSION OF SUBSTANCE ABUSE IN PUTNAM CO, TN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Womack Director | Trustee | 1 | $0 |
James Gribble Director | Trustee | 1 | $0 |
Jeremiah Miller Director | Trustee | 1 | $0 |
Joy Poteet Director | Trustee | 0 | $0 |
Francis Otuonye Director | Trustee | 0 | $0 |
Kathy Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $851,471 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $914,287 |
| Total Program Service Revenue | $0 |
| 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 | $914,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $92,422 |
| 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 | $370,616 |
| Pension plan accruals and contributions | $8,721 |
| Other employee benefits | $1,344 |
| Payroll taxes | $28,352 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,888 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,942 |
| Travel | $5,027 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,021 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $400 |
| Total functional expenses | $887,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,165 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $77,012 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $146,177 |
| Accounts payable and accrued expenses | $61,193 |
| 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 | $61,193 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $84,984 |
| 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 | $146,177 |
Grants Awarded
Over the last fiscal year, Power Of Putnam Inc has awarded $92,422 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CLAY COUNTY GOVT PURPOSE: Federal subaward - drug prevention | $36,443 |
TENNESSEE TECH UNIVERSITY PURPOSE: Federal subaward - drug prevention | $55,979 |