Purple Rose Legacy
EIN: 473800228 · Kansas City, MO · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $83K |
| Net Assets | $-8,722 |
Is Purple Rose Legacy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Purple Rose Legacy
Purple Rose Legacy (EIN: 473800228) is a nonprofit organization based in Kansas City, MO, classified under NTEE code P20. The organization reported total revenue of $103K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Purple Rose Legacy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Purple Rose Legacy is a small nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2021–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $83K |
| Surplus / Deficit | +$20K |
| Total Assets | $6K |
| Total Liabilities | $15K |
| Net Assets | $-8,722 |
| Operating Margin | 19.2% |
| Debt-to-Asset Ratio | 248.2% |
| Months of Reserves | 0.8 months |
Financial Health Grade: B
In 2024, Purple Rose Legacy reported a surplus of $20K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 248.2% (high leverage).
Financial Trends
Over 3 years of filings (2021–2024), Purple Rose Legacy's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +49.1% | +6.3% | +8.3% |
| 2023 | -29.0% | +11.2% | +177.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Purple Rose Legacy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Purple Rose Legacy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 248.2%.
Frequently Asked Questions about Purple Rose Legacy
Is Purple Rose Legacy a legitimate charity?
Purple Rose Legacy (EIN: 473800228) is a registered tax-exempt nonprofit based in Missouri. It has 3 years of IRS 990 filings on record. Total revenue: $103K. No red flags identified. Financial health grade: B.
How does Purple Rose Legacy spend its money?
Purple Rose Legacy reported $103K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Purple Rose Legacy tax-deductible?
Purple Rose Legacy is registered as a tax-exempt nonprofit (EIN: 473800228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Purple Rose Legacy located?
Purple Rose Legacy is headquartered in Kansas City, Missouri and files with the IRS under EIN 473800228. It is classified under NTEE code P20.
How many years of IRS 990 filings does Purple Rose Legacy have?
Purple Rose Legacy has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $103K in total revenue.
Filing History
IRS 990 filing history for Purple Rose Legacy showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2024), Purple Rose Legacy's revenue has grown by 5.9%, moving from $97K to $103K. Total assets increased by 200.7% over the same period, from $2K to $6K. Total functional expenses rose by 18.2%, from $70K to $83K. In its most recent filing year (2024), Purple Rose Legacy reported a surplus of $20K, with revenue exceeding expenses. The organization holds $15K in liabilities against $6K in assets (debt-to-asset ratio: 248.2%), resulting in net assets of $-8,722.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $103K | $83K | $6K | $15K | — | View 990 |
| 2023 | $69K | $78K | $5K | $34K | — | View 990 |
| 2021 | $97K | $70K | $2K | $15K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $103K, expenses of $83K, and assets of $6K (revenue +49.1% year-over-year).
- 2023: Revenue of $69K, expenses of $78K, and assets of $5K (revenue -29.0% year-over-year).
- 2021: Revenue of $97K, expenses of $70K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Purple Rose Legacy:
Data Sources and Methodology
This transparency report for Purple Rose Legacy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.