A Purchased Field

Nonprofit profile at a glance

EIN
933450464
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Amarillo, TX, USA
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Religious (unspecified)

Reported finances

Revenue
$111,251
Expenses
$131,270
Assets
$460,587

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • James Bowling (President)
  • Brenda Davis (Vice President)

People named in this filing

  • James Bowling (President)
  • Kaleen Reyna (Treasurer Secretary)
  • Brenda Davis (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Corporation is established and operated with the mission of addressing poverty-related issues to prevent human trafficking. This is achieved by identifying partnering with and donating to organizations that share our core values and charitable goals. All activities are carried out with the approval of the Board of Directors and are managed from our principal office in Amarillo Texas. These efforts support our ability to raise funds and implement initiatives aimed at poverty intervention and human trafficking prevention within the Amarillo community.

What it reported doing in 2024

The primary objective APF A Purchased Field has started is fundraising and has located space and has connected with other local nonprofit to help facilitate community outreach to educate parents and support children in poverty situations.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55%; rating input score 55
  • Program expense ratio: 44.5%; rating input score 45

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -18%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 3.51; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -124.8% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -4.3% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 55% of revenue deployed · 44.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $58K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 45/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Asset growth scored 0/100.