Purpose Foundation
- Assets
- $586.5k
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Island Park, NY
- Founding
- 09/2010
- Data as of
- 12/2023
- EIN
- 27-3106760
Organization Overview
Purpose Foundation is located in Island Park, NY. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Purpose Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purpose Foundation 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 12/2023, Purpose Foundation generated $4.3m in total revenue. All expenses for the organization totaled $4.9m during the year ending 12/2023. While expenses have increased by 84.9% 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
THE PURPOSE FOUNDATION EXISTS TO SUPPORT SOCIAL IMPACT CAMPAIGNS AND ORGANIZATIONS THROUGH EDUCATIONAL, PUBLIC ENGAGEMENT, AND AWARENESS EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURPOSE CLIMATE LAB - PHASE II - TO CREATE EXPONENTIAL GROWTH IN THE VOLUME AND POTENCY OF PUBLIC MOBILIZATION CAMPAIGNS DEMANDING BOLD CLIMATE SOLUTIONS IN THE COUNTRIES THAT NEED THEM MOST. THIS IS ACHIEVED BY WORKING IN THE HIGHEST-EMITTING NATIONS TO MEET THEIR COP21 PARIS AGREEMENT COMMITMENTS, HELPING CITIZENS TO HOLD THEIR ELECTED LEADERS ACCOUNTABLE TO ACHIEVING THEIR NDCS, ON SOLVING THE CLIMATE CRISIS AND CONTINUING TO CREATE CONDITIONS RIPE FOR IMPACT.
OTHER PROGRAMS:1.TRUSTED MESSENGERS FOR ENVIRONMENTAL IMPACT 2.BUILDING A UK ANIT-TRAFFICKING LAB WITH AND FOR IMPACTED COMMUNITIES 3.FIGHTING CLIMATE MIS/DISINFORMATION IN POLAND 4.ENABLING A JUST AND EQUITABLE TRANSITION TO A LOW CARBON ECONOMY IN BENGALURU 5.CLEAN AIR FUND PHASE 2 BULGARIA 6.AWARENESS INITIATIVE WITH INFORMAL TRUCK WORKFORCE IN INDIA7.LEVERAGING INDONESIA'S PRESIDENTIAL ELECTION TO POWER THE TRANSITION TO RENEWABLES8.BUILDING INFORMATION LITERACY YOUNG LATINE AUDIENCES IN THE US9.BUILDING AN ISLAMIC CLIMATE MOVEMENT IN INDONESIA10.INDIAN ECO-ENTREPRENEURS X MILLION LIFE11.AMAZON ACCELERATOR - CREATIVE SPRINT AND LOCAL SUPPORT 12.THE ROLE OF TRADITIONAL NEWS MEDIA IN STOKING DISTRIBUTED HATE ONLINE 13. GAME IMPACT LAB 14. DIGITAL STORYTELLING TO UNLOCK INCLUSIVE & EQUITABLE SOLUTIONS IN BENGALURU
FAMILY STORY WORKS TO ADDRESS AND DISMANTLE FAMILY PRIVILEGE IN AMERICA BY CONDUCTING CUTTING-EDGE RESEARCH TO EXPOSE THE WAYS FAMILY PRIVILEGE CAUSES HARM AND CREATE CULTURAL AND POLITICAL STRATEGIES TO ADVANCE EQUITY FOR ALL TYPES OF FAMILIES.
MOBILISE STRATEGIC AUDIENCE GROUPS, THROUGH THE ISLAMIC CLIMATE MOVEMENT AS A HUB, TO DEMAND POLITICAL ACTION FOR CLIMATE SOLUTIONS, ESTABLISH A STRONG ISLAMIC CLIMATE MOVEMENT BY BRINGING TOGETHER ORGANIZATIONS AT THE INTERSECTION OF ISLAM AND CLIMATE IN A COLLABORATION AND DEMONSTRATE THE FEASIBILITY OF ISLAMIC CLIMATE SOLUTIONS IN ORDER TO ATTRACT MORE RESOURCES FOR THE MOVEMENT AND ITS INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Gensemer End 0623 Treasurer | OfficerTrustee | 1 | $12,500 |
Christina Pena-Brower Treasurer | OfficerTrustee | 1 | $0 |
Daniel Barasch President | OfficerTrustee | 1 | $25,000 |
Ethan Fletcher Secretary | OfficerTrustee | 1 | $37,500 |
Galit Gun Vice President | OfficerTrustee | 1 | $25,000 |
Nicole Rodgers Founder And Executive Director, Family Story | 40 | $125,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Purpose Campaigns Llc Program Implementation | 12/30/22 | $4,097,511 |
Drive Agency Consulting Services | 12/30/22 | $492,675 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,233,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,233,005 |
| Total Program Service Revenue | $88,565 |
| Investment income | $9,008 |
| 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 | $4,330,431 |
| 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. | $100,062 |
| Compensation of current officers, directors, key employees. | $100,062 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,385 |
| Pension plan accruals and contributions | $1,060 |
| Other employee benefits | $956 |
| Payroll taxes | $11,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,266 |
| Advertising and promotion | $0 |
| Office expenses | $2,795 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,120 |
| All other expenses | $4,579,250 |
| Total functional expenses | $4,930,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $584,482 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $2,049 |
| 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 | $586,531 |
| Accounts payable and accrued expenses | $212,089 |
| 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 | $212,089 |
| Net assets without donor restrictions | $28,784 |
| Net assets with donor restrictions | $345,658 |
| 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 | $586,531 |