Common Purpose Us Inc
- Assets
- $108.6k
- Revenue
- $339.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 11/2017
- Data as of
- 07/2022
- EIN
- 82-2151633
Organization Overview
Common Purpose Us Inc is located in Chicago, IL. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 07/2022, Common Purpose Us Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Purpose Us 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 07/2022, Common Purpose Us Inc generated $339.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $319.0k during the year ending 07/2022. While expenses have increased by 18.5% 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
COMMON PURPOSE IS A NOT-FOR-PROFIT ORGANIZATION THAT DEVELOPS LEADERS WHO CAN CROSS BOUNDARIES. THIS ENABLES THEM TO SOLVE COMPLEX PROBLEMS BOTH IN ORGANIZATIONS AND IN CITIES. WE DELIVER FACE-TO-FACE AND ONLINE LEADERSHIP PROGRAMMES FOR MULTIPLE GENERATIONS OF LEADERS: FROM STUDENTS IN UNIVERSITIES TO SENIOR LEADERS IN ORGANIZATIONS AND SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMON PURPOSE WORKED WITH ITS LOCAL PARTNER IN CHICAGO TO DELIVER ITS MAIN PROGRAM IN 2021. THE CHICAGO PROGRAM INVESTS IN YOUNG PEOPLE ACROSS THE CITY SO THEY CAN BECOME A CONNECTED GENERATION OF LEADERS WITH CLEAR VISION FOR WHAT THEIR LEGACY TO THEIR CITY MIGHT BE.
CPUS RAN AN ONLINE PROGRAM FOR EMERGING LEADERS FROM ACROSS THE US
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antonina Mcintyre Us Programs Director | Officer | 40 | $62,667 |
Sunny Banerjea Director | Trustee | 1 | $0 |
Matthew Epstein President | Trustee | 1 | $0 |
Amy Stillman Treasurer | Trustee | 1 | $0 |
Terri Hord Owens Director | Trustee | 1 | $0 |
Rengin Onay Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $182,018 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $152,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $334,518 |
| Total Program Service Revenue | $4,800 |
| 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 | $339,318 |
| 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. | $77,842 |
| Compensation of current officers, directors, key employees. | $25,934 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,046 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,024 |
| Fees for services: Management | $11,743 |
| Fees for services: Legal | $3,111 |
| Fees for services: Accounting | $25,408 |
| 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 | $1,454 |
| Information technology | $0 |
| Royalties | $9,551 |
| Occupancy | $0 |
| Travel | $780 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,538 |
| Interest | $118,925 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $963 |
| Insurance | $2,640 |
| All other expenses | $0 |
| Total functional expenses | $319,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,165 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,000 |
| Accounts receivable, net | $42,117 |
| 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 | $2,305 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,587 |
| Accounts payable and accrued expenses | $178,181 |
| 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 | $178,181 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$69,594 |
| Total liabilities and net assets/fund balances | $108,587 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Common Purpose Us Inc has recieved totaling $33,000.
| Awarding Organization | Amount |
|---|---|
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $25,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Cook Workforce Partnership Chicago, IL | $32,171,643 | $83,286,997 |
Project Lead The Way Inc Indianapolis, IN | $104,347,608 | $65,462,690 |
Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
Lighthouse Academies Of Northwest Indiana Inc Gary, IN | $25,011,234 | $24,142,982 |
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Rockford Rescue Mission Ministries Rockford, IL | $21,367,986 | $9,020,470 |