Purposed Pursuit Inc

Nonprofit profile at a glance

EIN
874216511
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Suffolk, VA, USA
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$30,477
Expenses
$29,555
Assets
$2,831

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Kisha McDaniel (Executive Director)

People named in this filing

  • Kisha McDaniel (Executive Director)
  • Letitia Davis (Chairperson)
  • Ebonie McCoy (Board Secretary)

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

Purposed Pursuit Inc.s primary exempt purpose is to empower and uplift women from low to moderate income communities by providing comprehensive support and resources aimed at enhancing their economic stability and overall well-being. Our programs are designed to strengthen these womens roles within their families and communities effectively contributing to the creation of thriving resilient societies.

What it reported doing in 2025

Purpose 2 Profit facilitates economic empowerment for participants by offering financial literacy and wealth creation strategies free of charge to all attendees. This program designed to reduce economic disparities particularly in the African American community served as a practical masterclass in personal and financial growth. Attendees vary between 25-50 participants

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program revenue.
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

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 2
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.6%; rating input score 2
  • Program expense ratio: 1.7%; rating input score 2

Transparency & Controls

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

Sustainability

  • Operating margin: 3%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 13; 13th 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: -95.3% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 4.5% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 64.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 1.6% of revenue deployed · 1.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $500 in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Financial Efficiency: Program expense ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.