Purple Summit Inc
Nonprofit profile at a glance
- EIN
- 834449695
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025
- Location
- East Setauket, NY, USA
- Phone
- 6319829182
- Rating confidence
- Limited
- Sector
- Job Training
Reported finances
- Revenue
- $0
- Expenses
- $3,750
- Assets
- $3,291
- Liabilities
- $31,731
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DEREK NG (PRESIDENT)
- FREDDIE NEILSON (CEO)
People named in this filing
- BEN YAO (DIRECTOR)
- GREGG FLOWER (DIRECTOR)
- DEREK NG (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is formed for the charitable purposes of advocating for, supporting, promoting and furthering the reintegration of veterans into society; educating and informing the public to ensure the service of those men and women, who served in uniform and risked their lives to protect the people of the united states of america, is not forgotten; helping to ensure that such men and women, and members of their families, are not left behind; and lessening the hardships such persons who are in need; and engaging in any lawful act or activity that may be necessary, appropriate, incidental, useful, conducive or desirable to furthering, attaining or accomplishing the foregoing purposes.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0.88; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 9.64; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -52.2% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: Limited
- Asset growth: -6.6% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.