Purple Heart Motor Works Inc
- Assets
- $10.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 10/2015
- Data as of
- 12/2017
- EIN
- 47-1824291
Organization Overview
Purple Heart Motor Works Inc is located in Tucson, AZ. The organization was established in 2015. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. Purple Heart Motor Works 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 12/2017, Purple Heart Motor Works Inc generated $13.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $13.0k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
TO BECOME AMERICAS FOREMOST WOUNDED VETERANS LIFE RE-BUILDER, BY USING AUTOMOTIVE RE-MANUFACTURING, TO PROVIDE HOPE, A SENSE OF SELF WORTH AND PURPOSEFUL LIVING TO COMBAT AMPUTEES AND OTHER SERIOUSLY WOUNDED VETERANS. PURPLE HEART MOTOR WORKS (PHMW) PROPOSES TO MAINTAIN AND STAFF FULLY FUNCTIONAL FRANCHISE AUTOMOTIVE RESTORATION SHOPS IN EVERY MAJOR CITY WITH A VETERANS HOSPITAL.
TO BECOME AMERICAS FOREMOST WOUNDED VETERANS LIFE RE-BUILDER, BY USING AUTOMOTIVE RE-MANUFACTURING, TO PROVIDE HOPE, A SENSE OF SELF WORTH AND PURPOSEFUL LIVING TO COMBAT AMPUTEES AND OTHER SERIOUSLY WOUNDED VETERANS. PURPLE HEART MOTOR WORKS (PHMW) PROPOSES TO MAINTAIN AND STAFF FULLY FUNCTIONAL FRANCHISE AUTOMOTIVE RESTORATION SHOPS IN EVERY MAJOR CITY WITH A VETERANS HOSPITAL.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,255 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,081 |
| Total Revenue | $13,336 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $190 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,799 |
| Total expenses | $12,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $376 |
| Other assets | $0 |
| Total assets | $9,989 |
| Total liabilities | $9,613 |
| Net assets or fund balances | $376 |