Pros For A Purpose Inc
- Assets
- $531.0
- Revenue
- $600.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- Data as of
- 12/2022
- EIN
- 83-2494382
Organization Overview
Pros For A Purpose Inc is located in Plano, TX. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pros For A Purpose 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, Pros For A Purpose Inc generated $600.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.2% each year . All expenses for the organization totaled $601.4k during the year ending 12/2022. While expenses have increased by 41.5% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE NATIONWIDE & COMMUNITY INVOLVEMENT THROUGH THE SPORT OF GOLF TO BENEFIT CHARITIES IN NEED AND DO ANY AND ALL ACTS DEEMED BY ITS BOARD OF DIRECTORS TO BE NECESSARY OR EXPEDIENT FOR THE FURTHERANCE OF ITS GENERAL PURPOSES.
CHARITABLE DONATIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO INCREASE THEIR FINANCES SO THEY CAN BETTER CONTRIBUTE TO THEIR CAUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Chisum President/dir | 10 | $0 | |
Ryan Palmer Vice Chairman | 10 | $0 | |
Lesley Guinn Secretary | 10 | $0 | |
Ryan Tevis Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $95,954 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $504,870 |
| Total Revenue | $600,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $384,640 |
| Total operating and administrative expenses | $384,720 |
| Contributions, gifts, grants paid | $216,659 |
| Total expenses and disbursements | $601,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $531 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |