Purks Qalicb Inc
- Assets
- $7.3m
- Revenue
- $42.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Vicksburg, MS
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2687705
Organization Overview
Purks Qalicb Inc is located in Vicksburg, MS. The organization was established in 2019. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purks Qalicb 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 12/2021, Purks Qalicb Inc generated $42.1k 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 (63.3%) each year. All expenses for the organization totaled $262.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE DEVELOPMENT, CONSTRUCTION, AND EQUIPPING OF A FACILITY LOCATED AT 267 YMCA PLACE, VICKSBURG, MISSISSIPPI 39183 AND LEASED BY BORROWER TO TENANT TO BE OPERATED AS A YMCA (THE "PROJECT"). THE PROJECT IS IN ITS 95TH YEAR OF CONTINUOUS OPERATION, SERVING THE COMMUNITY WITH A VARIETY OF PROGRAMS INCLUDING YOUTH SPORTS, SWIMMING, FITNESS, CAMPING, TEEN AND FAMILY PROGRAMS, JOB TRAINING, CHILD CARE, YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. THE PROJECT WILL EXPAND THE LICENSED CHILD CARE SLOTS FROM 100 TO 250, INDOOR SPACE FOR YOUTH SPORTS TO SERVE AN ADDITIONAL 200 YOUTH DAILY AND HEALTH AND FITNESS SPACE TO ACCOMMODATE SEVERAL HUNDRED ADDITIONAL USERS EACH DAY. SPECIFICALLY, THE PROJECT INCLUDES NEW CONSTRUCTION (FULL GYM, EDUC. SPACE, WELLNESS SPACE) AND RENOVATION (EDUC. SPACE, LOBBY, WELLNESS SPACE). THE PROJECT SERVES APPROXIMATELY 5,000 MEMBERS, 90% OF WHICH ARE LIPS OR RESIDENTS OF LICS. THE PROJECT IS A STEP TOWARDS TWO CRITICAL GOALS: TO PROVIDE AFFORDABLE ALL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DEVELOPMENT, CONSTRUCTION, AND EQUIPPING OF A FACILITY LOCATED AT 267 YMCA PLACE, VICKSBURG, MISSISSIPPI 39183 AND LEASED BY BORROWER TO TENANT TO BE OPERATED AS A YMCA (THE "PROJECT"). THE PROJECT IS IN ITS 95TH YEAR OF CONTINUOUS OPERATION, SERVING THE COMMUNITY WITH A VARIETY OF PROGRAMS INCLUDING YOUTH SPORTS, SWIMMING, FITNESS, CAMPING, TEEN AND FAMILY PROGRAMS, JOB TRAINING, CHILD CARE, YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. THE PROJECT WILL EXPAND THE LICENSED CHILD CARE SLOTS FROM 100 TO 250, INDOOR SPACE FOR YOUTH SPORTS TO SERVE AN ADDITIONAL 200 YOUTH DAILY AND HEALTH AND FITNESS SPACE TO ACCOMMODATE SEVERAL HUNDRED ADDITIONAL USERS EACH DAY. SPECIFICALLY, THE PROJECT INCLUDES NEW CONSTRUCTION (FULL GYM, EDUC. SPACE, WELLNESS SPACE) AND RENOVATION (EDUC. SPACE, LOBBY, WELLNESS SPACE). THE PROJECT SERVES APPROXIMATELY 5,000 MEMBERS, 90% OF WHICH ARE LIPS OR RESIDENTS OF LICS. THE PROJECT IS A STEP TOWARDS TWO CRITICAL GOALS: TO PROVIDE AFFORDABLE ALL-DAY CARE FOR WORKING PARENTS WITH SCHOOL AGED CHILDREN (5-12) AND TO CREATE A HEALTHIER POPULATION IN A STATE RANKED LAST IN HEALTH OUTCOMES BY THE UNITED HEALTH FOUNDATION. THE PROJECT DOES NOT TURN ANYONE AWAY DUE TO INABILITY TO PAY. IN 2017 THE PROJECT PROVIDED 147,385 IN FINANCIAL ASSISTANCE TO ALL PROGRAMS AND MEMBERSHIPS. ALL LIPS RECEIVE 50-95% FEE ASSISTANCE BASED ON INCOME.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howell N Gage Director | OfficerTrustee | $0 | |
Rusty Hawkins Director | OfficerTrustee | $0 | |
Robert R Morrisson III Director | OfficerTrustee | $0 | |
Kenneth B Rector Director | OfficerTrustee | $0 | |
Leslie Sadler Director | OfficerTrustee | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $42,100 |
| 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 | $42,100 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,815 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $89,779 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $157,451 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $262,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,487 |
| 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 | $0 |
| Net Land, buildings, and equipment | $6,600,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $489,948 |
| Other assets | $0 |
| Total assets | $7,302,252 |
| Accounts payable and accrued expenses | $0 |
| 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 | $6,790,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,790,000 |
| Net assets without donor restrictions | $512,252 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $7,302,252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi State University Foundation Inc Mississippi State, MS | $560,789,333 | $59,624,907 |
Youth Villages Foundation Inc Memphis, TN | $339,159,403 | $27,952,778 |
Hospice Of Chattanooga Foundation Chattanooga, TN | $0 | $886,666 |
The Arc Davidson County & Greater Nashville Nashville, TN | $1,667,294 | $2,925,688 |
Thrift Alliance Nashville, TN | $769,764 | $2,756,268 |
Noahh So Inc New Orleans, LA | $0 | $20,000 |
Abch Foundation Birmingham, AL | $27,664,999 | $3,000,194 |
Feeding The Need Memphis, TN | $20,227,023 | $193,009 |
Memphis Union Mission Support Corporation Memphis, TN | $23,073,063 | $160,202 |
Usa Ibc Foundation Jackson, MS | $3,564,240 | $278,782 |
Sunnybrook Childrens Home Foundation Ridgeland, MS | $20,775,804 | $888,509 |
Aseracare Hospice Foundation Fort Smith, AR | $0 | $1,197 |