Greater Purpose EIN 26-2829331

Greater Purpose FY2020 filing

EIN  26-2829331 Public charity (501(c)(3)) Uppr Marlboro, MD
Form 990 (PDF)
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Size
<$100K
What they do
Ending homelessness, health disparities, and childhood hunger across America.
Leadership
Heather Cervalo · Director
Money in and out
$0 revenue, $510 expenses
Bottom line
0% program efficiency

Ending homelessness, health disparities, and childhood hunger across America. For fiscal year 2020 it reported $0 in revenue, $510 in expenses, and $4K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$510
Pt IX · Ln 25
Net assets
$4K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$510
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
89.3mo
months of highly liquid reserves at operating expense rate

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$0
FY2020▼ -100%
Expenses
$510
FY2020▼ -50%
Total assets
$4K
FY2020▼ -12%
Total liabilities
$0
FY2020
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$510
Pt IX · Ln 25
Net assets
$4K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$510
Total assetsPt X · Ln 16$4K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2020.
01

Educate public and clients on the affects of alcohol and drug abuse effect on the body.

Pt IX · col B
02

Provide counseling to individuals, families and groups with mental health issues

Pt IX · col B
03

Provide intervention and prevention services to individuals and families.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGreater Purpose
EINHdr · item D26-2829331
Principal addressHdr · item CUppr Marlboro, MD
WebsiteHdr · item Jwww.greaterpurposeinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L40)
Ruling yearIRS BMFSep 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Executive Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Executive Officer
$0Pt VII · Sec A

Teresa Ann Harris’s $2K as President is at the 8th percentile of top reported officer pay among 139 <$100K housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$510
Total functional expensesLn 25$510

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$4K
Total liabilitiesLn 26$0
Total net assetsLn 32$4K
Months of cash on handcomputed89.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses/yr $510
89.3 months
Where the money goes
Program services
Program services $0 · Total expenses $510
0%
Management & General
Management & general $510 · Total expenses $510
100%
Fundraising
Fundraising $0 · Total expenses $510
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $418
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $510
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $836
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $4K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $510
Liabilities-to-Assets
Total liabilities — · Total assets $4K
Net-asset ratio
Net assets $4K · Total assets $4K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Heather Cervalo · Reported title Director · Highest reported compensation $0 · Total expenses $510
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $510
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Revenue growth -100%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$6K revenue · ⤓ 990 PDF
FY2021not on file
FY2020$0 revenue · viewing · ⤓ 990 PDF
FY2019$836 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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