Purpose Inc in Culver City, California (CA)

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Purpose Inc
Employer Identification Number (EIN)020754598
Name of OrganizationPurpose Inc
Address300 Corporate Pointe, Culver City, CA 90230-7614
SubsectionCharitable Organization
Ruling Date12/2005
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period12/2012
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$43,173
Amount of Income$2,785
Form 990 Revenue Amount$2,785
National Taxonomy of Exempt Entities (NTEE)Diseases, Disorders, Medical Disciplines: Alzheimer's Disease


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Amount of income in 2012: $2,785 (it was $3,815 in 2011)
Purpose Inc: 

 $2,785
Other organizations performing similar types of work: 

 $93,205

Assets in 2012: $43,173 (it was $46,757 in 2011)
This organization: 

 $43,173
Other organizations performing similar types of work: 

 $88,615

Expenses in 2012: $6,369
Purpose Inc: 

 $6,369
Other organizations performing similar types of work: 

 $77,826

Income to expenses ratio in 2012: 0.4
Purpose Inc: 

 0.4
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 28.7%
This organization: 

 28.7%
Other organizations performing similar types of work: 

 59.2%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$2,785
Contributions, gifts, grants, and similar amounts received$800
Program service revenue including government fees and contracts$1,930
Membership dues and assessments$0
Investment income$55
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$6,369
Total net assets$25,272
Deficit for the year$-3,584
Net assets or fund balances at beginning of year$28,856
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$43,173
Total liabilities$17,901
Net assets or fund balances$25,272
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$40,749
Gifts, grants, contributions, and membership fees received$40,529
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$220
Gross receipts from related activities, etc.$24,882
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Alzheimers Impact Movement225 N Michigan Ave Fl 17, Chicago, IL 60601-7633IL2010-09$1,068,255
2Alzheimers Disease Resource Center Inc45 Park Ave, Bay Shore, NY 11706-7308NY2014-01$1,010,849
3Coalition Of New York State Alzheimers Chapters Inc435 E Henrietta Rd, Rochester, NY 14620-4629NY2015-03$997,561
4Alzheimers Disease Association Of Kern County Inc5500 Olive Dr Bldg 1, Bakersfield, CA 93308-2924CA1985-09$915,484
5Jewish Senior Life Community Services Inc2021 Winton Rd S, Rochester, NY 14618-3957NY2011-06$590,885
6Change Of Pace Inc3409 E Glen Eagles Drive, Avon Park, FL 33825FL2011-02$186,095
7Charlotte Neuroscience Association Inc2711 Randolph Rd Ste 505, Charlotte, NC 28207-2069NC2014-06$137,470
8Deane F Johnson Alzheimers Research Foundation742 Washington Blvd, Marina Del Rey, CA 90292-5543CA2009-06$39,441
9Purpose Inc300 Corporate Pointe, Culver City, CA 90230-7614CA2005-12$2,785
10Alz-Care Inc643 Main St, Brawley, CA 92227-2547CA2014-08$0
11Alzheimers Assistance Fund650 Stoddard Lane, Santa Barbara, CA 93108CA2009-07$0
12American Healthplex Inc111 Via Dijon, Newport Beach, CA 92663-4628CA1997-01$0
13Ftd Caregiving16320 Orchard Bend Rd, Poway, CA 92064CA2011-01$0
14International Coalition For Alzheimers Research & Edu, IcarePO BOX 292, Fontana, CA 92334-0292CA2012-02$0
15Rancho Autumn Years9622 Katella Ave, Anaheim, CA 92804-6436CA1998-03$0
16Remember Me Inc3426 Mentone Ave Apt 8, Los Angeles, CA 90034CA2015-01$0
17Ribbons For Research609 N Dianthus St, Manhattan Beach, CA 90266CA2013-08$0
18San Diego Dementia Consortium15644 Pomerado Rd, Poway, CA 92064CA2011-09$0
19Silverado Foundation Inc6400 Oak Canyon Suite 200, Irvine, CA 92618CA2012-09$0
20Undergraduate Gerontology & Alzheimers Disease Awareness15651 Imperial Hwy 203, La Mirada, CA 90638CA2009-06$0
Number of organizations performing similar types of work
Alabama2
Arkansas1
Arizona2
California14
Connecticut1
Florida15
Georgia10
Iowa1
Idaho2
Illinois6
Louisiana3
Massachusetts5
Maryland5
Maine2
Michigan3
Minnesota2
Missouri1
Mississippi1
Montana2
North Carolina6
Nebraska1
New Jersey2
Nevada1
New York10
Ohio9
Oklahoma1
Oregon1
Pennsylvania3
Rhode Island1
Tennessee3
Texas10
Utah1
Virginia4
Washington1
Wisconsin3
West Virginia2
Wyoming1
International2
Total140

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