Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
13 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
7 people listed on the 990; $55K paid to officers and key staff.
Issie Corvi’s $55K as Program Manager is at the 46th percentile of top reported officer pay among 1043 $100K–1M public & societal benefit 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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Purpose Trust Ownership Network is a public benefit nonprofit based in Eugene, OR, formed in 2024.
Questions for Purpose Trust Ownership Network
Your first name shows with your question. Purpose Trust Ownership Network answers here, for everyone.
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Hiring & Talent Infrastructure To support its growth, PTON formalized its internal human resources processes. Hiring Key Staff: The hiring of Issie Corvi as the Program Manager is a foundational component of PTON's operational infrastructure, as she now serves as the primary coordinator for the organization's strategic workgroups.
Outreach & Community Building PTON established a multi-wave outreach strategy to grow its network of practitioners and advocates. Strategic Initialization: Developed core marketing assets, including a centralized website blurb, visual graphics, and boilerplate promo copy to professionalize its public image.
Education & Resource Co-creation PTON significantly advanced its mission through specialized workgroups designed to create public-facing educational resources. Lawyers Workgroup: Focused on populating a resource library and designing specialized breakout sessions for the upcoming 2026 Purpose Trust Ownership Conference.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $33K | $451K |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $33K | $452K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $33K | $452K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of disqualified personsLn 6 | $55K | $55K | ||
| Other salaries and wagesLn 7 | $23K | $23K | ||
| Other employee benefitsLn 9 | $6K | $6K | ||
| Payroll taxesLn 10 | $6K | $6K | ||
| Legal feesLn 11b | $6K | $6K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Office expensesLn 13 | $383 | $383 | ||
| Information technologyLn 14 | $3K | $3K | ||
| TravelLn 17 | $9K | $9K | ||
| Conferences, conventions and meetingsLn 19 | $17K | $17K | ||
| InsuranceLn 23 | $2K | $2K | ||
| Total functional expensesLn 25 | $131K | $17K | $113K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $550K | $131K | $419K | $452K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $549,850 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, no flags
Part VIII · Statement of revenue $549,850 across 11 lines filed
Part IX · Statement of functional expenses $130,894 across 11 lines filed
Part X · Balance sheet $452,017 assets, 8 lines filed
Part XI · Reconciliation of net assets $452,017 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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