Purple Heart Project

Nonprofit profile at a glance

EIN
882217122
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-EZ 2022
Location
ROY, WA, USA
Phone
2533814113
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment N.E.C.

Official website

Reported finances

Revenue
$422,242
Expenses
$330,247
Assets
$336,211
Liabilities
$282

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • LUTHER SHEALY (PRESIDENT)

People named in this filing

  • KEN ANTHONY (DIRECTOR)
  • KENT BOYS (SECRETARY)
  • JACK LANE (DIRECTOR)

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

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's purpose is to introduce combat wounded veterans still suffering from the negative effects of combat to the joy and peace found through the therapy of traditional hand tool woodworking.

What it reported doing in 2025

The purple heart project provides combat-wounded veterans experiencing the lasting effects of combat with healing through traditional hand-tool woodworking. Each year, 42 selected veterans participate in a week-long intensive training where they receive instruction, tools, transportation, lodging, and meals. After training, participants are paired with a volunteer woodworking mentor who builds and delivers a custom workbench and provides ongoing guidance. Continued support is offered through an online community that fosters mentorship, connection, and personal growth.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 94
  • Accountability: 82
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.8%; rating input score 74
  • Program expense ratio: 94%; rating input score 94
  • Fundraising efficiency: $184.73 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21.8%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 1.02; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 30.5% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 43.6% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 52.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 73.8% of revenue deployed · 94% of spending went to programs
  • Governance: 5 of 5 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $310K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 2 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.