Civic Intelligence

Purpose Institute Inc.

990 • Fiscal year 2022 • EIN 04-3615764

Aug 01, 2021 to Jul 31, 2022 • Filed on Feb 23, 2023

PO Box 6433Canton, OH 44706

(800) 735-7956

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

29th percentile

-7.5%

Higher net margin than 29% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$43,348

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

20th percentile

-23%

Faster asset growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

-1.3%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$116,837

Down $34,989 (-23%) from 2021

Net Assets

Down

$114,512

Down $30,508 (-21%) from 2021

Liabilities

Down

$2,325

Down $4,481 (-66%) from 2021

Revenue

Down

$405,096

Down $5,186 (-1.3%) from 2021

Expenses

Up

$435,604

Up $59,662 (+16%) from 2021

Net Income

Down

-$30,508

Down $64,848 (-189%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $80,755Liabilities 2011: $9,737Net Assets 2011: $71,0182011Assets 2012: $45,660Liabilities 2012: $7,390Net Assets 2012: $38,2702012Assets 2013: $80,281Liabilities 2013: $6,422Net Assets 2013: $73,8592013Assets 2014: $135,053Liabilities 2014: $20,521Net Assets 2014: $114,5322014Assets 2015: $180,797Liabilities 2015: $7,669Net Assets 2015: $173,1282015Assets 2016: $191,932Liabilities 2016: $3,877Net Assets 2016: $188,0552016Assets 2017: $172,112Liabilities 2017: $14,625Net Assets 2017: $157,4872017Assets 2018: $128,905Liabilities 2018: $7,356Net Assets 2018: $121,5492018Assets 2019: $125,782Liabilities 2019: $7,086Net Assets 2019: $118,6962019Assets 2020: $113,029Liabilities 2020: $2,349Net Assets 2020: $110,6802020Assets 2021: $151,826Liabilities 2021: $6,806Net Assets 2021: $145,0202021Assets 2022: $116,837Liabilities 2022: $2,325Net Assets 2022: $114,5122022Assets 2023: $100,850Liabilities 2023: $16,659Net Assets 2023: $84,1912023Assets 2024: $95,697Liabilities 2024: $9,877Net Assets 2024: $85,8202024Assets 2025: $55,943Liabilities 2025: $8,840Net Assets 2025: $47,1032025

Highlighted filing

2022

Assets$116,837
Liabilities$2,325
Net Assets$114,512

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $348,570Expenses 2011: $329,688Net Income 2011: $18,8822011Revenue 2012: $364,352Expenses 2012: $397,099Net Income 2012: -$32,7472012Revenue 2013: $406,248Expenses 2013: $370,659Net Income 2013: $35,5892013Revenue 2014: $503,241Expenses 2014: $462,568Net Income 2014: $40,6732014Revenue 2015: $520,290Expenses 2015: $465,864Net Income 2015: $54,4262015Revenue 2016: $480,342Expenses 2016: $465,415Net Income 2016: $14,9272016Revenue 2017: $504,530Expenses 2017: $535,098Net Income 2017: -$30,5682017Revenue 2018: $475,262Expenses 2018: $511,200Net Income 2018: -$35,9382018Revenue 2019: $517,334Expenses 2019: $520,187Net Income 2019: -$2,8532019Revenue 2020: $455,946Expenses 2020: $463,961Net Income 2020: -$8,0152020Revenue 2021: $410,282Expenses 2021: $375,942Net Income 2021: $34,3402021Revenue 2022: $405,096Expenses 2022: $435,604Net Income 2022: -$30,5082022Revenue 2023: $963,079Expenses 2023: $993,400Net Income 2023: -$30,3212023Revenue 2024: $859,530Expenses 2024: $857,901Net Income 2024: $1,6292024Revenue 2025: $907,937Expenses 2025: $946,654Net Income 2025: -$38,7172025

Highlighted filing

2022

Revenue$405,096
Expenses$435,604
Net Income-$30,508
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Feb 23, 2023
Return Version
2021v4.2
Gross Receipts
$405,096
Mission and Program Overview

Mission

Training in ministerial studies and leadership provided to pastors and ministers.

Training in ministerial studies and leadership provided to pastors and ministers

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$130,906$89,961▼ $40,945
Land, Buildings, and Equipment, Net$20,920$26,876▲ $5,956
Total Assets$151,826$116,837▼ $34,989
Liabilities
Accounts Payable and Accrued Expenses$6,806$2,325▼ $4,481
Total Liabilities$6,806$2,325▼ $4,481
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$145,020$114,512▼ $30,508
Total Net Assets Fund Balance$145,020$114,512▼ $30,508
Total Liabilities and Net Assets / Fund Balance$151,826$116,837▼ $34,989

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,876$203,135$230,011
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brian MichaelDirector of Campuses-$43,348$43,348
Finis Joe EllisPresidentPT$29,729$29,729
Dr James LittlesDirector of Academics-$11,500$11,500
Steve SchobertDirector of Operations-$11,450$11,450
Thomas EllisDirector of Marketing-$10,350$10,350

Board Members and Trustees

NameTitle
Diana ReedExecutive Board
George SzabolcsiExecutive Board
James LashleyExecutive Board
Sergey TomyevExecutive Board
Timothy LeeExecutive Board
Revenue and Support

Revenue Composition

Contributions and Grants
$58
Program Service Revenue
$404,902
Investment Income
$136
Other Revenue
$0
All Other Contributions
$58
Change in Net Assets
$-30,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,992
Salaries, Compensation, and Employee Benefits$162,612
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$153,364$979-$153,364
Current Officers, Directors, Trustees, and Key Employees$123,173--$123,173
Other Salaries and Wages-$36,868-$36,868
Conferences and Meetings-$33,650-$33,650
Advertising-$31,485-$31,485
Depreciation Depletion$12,542$8,361-$20,903
All Other Expenses$5,718$7,669-$13,387
Fees for Services Accounting-$6,070-$6,070
Office Expenses-$4,462-$4,462
Payroll Taxes-$2,571-$2,571
Insurance-$644-$644
Total Functional Expenses$299,288$136,316$0$435,604
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 2

Thomas Ellis is the son of Finis Ellis

Part VI Line 8A

The Board of Trustees records minutes of each meeting

Part VI Line 8A

held throughout the year.

Part VI Line 8B

All meetings held are documented.

Part VI Line 10B

See Sch O

Part VI Line 11B

CPA prepares the Form 990 and board members may review

Part VI Line 11B

upon request.

Part VI Line 15A or B

All officer compensation is determined by the board of trustees.

Part VI Line 15A or B

Compensation of similar organizations is used to determine compensation

Part VI Line 19

The governing documents and financial statements are available

Part VI Line 19

to the public unpon request to view them at the organization.

Filing and Contact Details

Filer

Filer Name
Purpose Institute Inc
EIN
04-3615764
In Care Of
% Finis Joe Ellis
Phone
8007357956
Address
PO BOX 6433, CANTON, OH 44706

Signing Officer

Name
Finis Joe Ellis
Title
President
Phone
8007357956
Signed
2023-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Finis Joe Ellis
Formed
2001
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
2

Preparer

Firm
Delano Sherley & Associates Inc
Address
8366 Princeton-Glendale Rd, Suite B5, West Chester, OH 45069
Preparer
Alexander Sherley CPA
Phone
5137371314
Supplemental Narrative

Additional Explanations

Section B Line 10B

The organization conducts training in several locations, each location

Section B Line 10B

meets eight times a year. Each location is considered a campus, but there

Section B Line 10B

is no formal reporting for each campus to the home office as all

Section B Line 10B

adminstration of the classes is conducted online.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02232651
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0136
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0311
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0383
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01441
IRS990ScheduleA/InvestmentIncomeCYPct00.00064
IRS990ScheduleA/InvestmentIncomePYPct00.00073
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99936
IRS990ScheduleA/PublicSupportPY509Pct00.99927
IRS990ScheduleA/PublicSupportTotal509Amt02248777
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0404960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0396269
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0455563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0517027
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0474958
IRS990ScheduleA/Total509Grp/TotalAmt02248777
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0405096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0396580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0455946
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0517334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0475262
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02250218
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt026876
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0203135
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0230011
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026876
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Thomas Ellis is the son of Finis Ellis
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Trustees records minutes of each meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2held throughout the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All meetings held are documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4See Sch O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CPA prepares the Form 990 and board members may review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7All officer compensation is determined by the board of trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Compensation of similar organizations is used to determine compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The governing documents and financial statements are available
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10to the public unpon request to view them at the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11The organization conducts training in several locations, each location
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12meets eight times a year. Each location is considered a campus, but there
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13is no formal reporting for each campus to the home office as all
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14adminstration of the classes is conducted online.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 10b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Section B Line 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Section B Line 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Section B Line 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Section B Line 10B
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0151826
IRS990/TotalAssetsEOYAmt0116837
IRS990/TotalAssetsGrp/BOYAmt0151826
IRS990/TotalAssetsGrp/EOYAmt0116837
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt058
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0136316
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0299288
IRS990/TotalFunctionalExpensesGrp/TotalAmt0435604
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06806
IRS990/TotalLiabilitiesEOYAmt02325
IRS990/TotalLiabilitiesGrp/BOYAmt06806
IRS990/TotalLiabilitiesGrp/EOYAmt02325
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0145020
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0114512
IRS990/TotalProgramServiceExpensesAmt0299288
IRS990/TotalProgramServiceRevenueAmt0404902
IRS990/TotalReportableCompFromOrgAmt0106377
IRS990/TotalRevenueGrp/ExclusionAmt0136
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0404902
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0405096
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0151826
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0116837
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 6433
IRS990/USAddress/CityNm0Canton
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044706
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.PURPOSEINSTITUTE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FINIS JOE ELLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08007357956
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PURPOSE INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0PURP
ReturnHeader/Filer/EIN0043615764
ReturnHeader/Filer/InCareOfNm0% Finis Joe Ellis
ReturnHeader/Filer/PhoneNum08007357956
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6433
ReturnHeader/Filer/USAddress/CityNm0CANTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044706

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.56$0.09$0.47$9.08$9.47$0.39
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.10$0.86$8.60$8.58$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.17$0.84$9.63$9.93$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.02$1.15$4.05$4.36$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.07$1.45$4.10$3.76$0.34
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$4.56$4.64$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.26$0.07$1.19$5.17$5.20$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.07$1.22$4.75$5.11$0.36
2017Summary only. Only limited summary data is available for this year.$1.72$0.15$1.57$5.05$5.35$0.31
2016Summary only. Only limited summary data is available for this year.$1.92$0.04$1.88$4.80$4.65$0.15
2015Summary only. Only limited summary data is available for this year.$1.81$0.08$1.73$5.20$4.66$0.54
2014Summary only. Only limited summary data is available for this year.$1.35$0.21$1.15$5.03$4.63$0.41
2013Summary only. Only limited summary data is available for this year.$0.80$0.06$0.74$4.06$3.71$0.36
2012Summary only. Only limited summary data is available for this year.$0.46$0.07$0.38$3.64$3.97$0.33
2011Summary only. Only limited summary data is available for this year.$0.81$0.10$0.71$3.49$3.30$0.19
Peer Organizations

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