Purple Mountain Recovery Inc

Nonprofit profile at a glance

EIN
883394084
IRS 990-EZ coverage
2022–2022
Forms available
Form 990-EZ 2022, Form 990-N 2022
Location
Colorado Springs, CO, USA
Phone
7194450621
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Counseling, Support Groups

Official website

Reported finances

Revenue
$20,000
Expenses
$20,000
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Scott Mosher (President/CEO)

People named in this filing

  • Scott Mosher (President/CEO)
  • Rafael Ramirez (Treasurer)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Purple mountain recovery is a 501 (3)(c) founded in july of 2022 to create a safe place in the lgbtqia+ community for people recovering from mental health and/or addiction. The name purple mountain is a nod to the founder's mother, who stood by his side and envisioned a world where everyone had access to the same care as he battled living in a world where many resources or safe places were not available to the lgbtqia+ community while they were struggling with their recovery. Purple mountain recovery aims to build a place where anyone battling or recovering from mental health and addiction can come and get the much-needed support and resources they may need. We aim to embrace our community with love and show them that recovery is possible and achievable. We aim to erase the stigmas about the lgbtqai+ community as well as the stigmas around addiction, harm reduction, mental health, recovery, and healing.

What it reported doing in 2022

Held 2 fundraiser where money was raised for Club Q survivors and community members in need of assistance suffering from substance use disorder

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.