Public Charity

POWER OF THE PURSE INC

POWER OF THE PURSE INC, of MINOT, ND, is a Public Charity tracked in Imperigo's IRS 990 database. The 2022 filing shows $107K in revenue, $154K in expenses. 2 publicly reported grants to this organization, totaling roughly $39K, appear in IRS filings.

EIN: 823524163 MINOT, ND Family Services NTEE: P40 Latest filing: 2022

Total Revenue$107K

Total Expenses$154K

Grant Records2

Funding Total$39K

Filing Years2018–2022

Mission

TO SUPPORT AND FUND PROJECTS AND PROGRAMS THAT BENEFIT WOMEN AND CHILDREN IN THE MINOT, NORTH DAKOTA AND SURROUNDING AREAS.

Where $100 goes at Power of the Purse Inc

How Power of the Purse Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$100 Programs the work itself

<$1 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$70

Grant making to organizations that improve the quality of life for women and children in the Minot, north dakota area

70% of program spending

$30

Provide facilities and support for a women's sober living home to assist women in addiction recovery with the transition to their new lives

30% of program spending

Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

MINOT COMMUNITY FOUNDATION

2022

TO ASSIST THE ORGANIZATION WITH CARRYING OUT OF ITS TAX EXEMPT MISSION.

$24,151

MINOT COMMUNITY FOUNDATION

2018

TO ASSIST THE ORGANIZATION WITH CARRYING OUT OF ITS TAX EXEMPT MISSION.

$14,527

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

PRESIDENT Ashlee Deschamp

SECRETARY Chelsea Kirkhammer

TREASURER Kristen Boen

VICE PRESIDENT Lacey Stevick

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support

$38,678 2 grants

Financial Trends

Year	Revenue	Expenses	Assets
2022	$107K	$154K	—
2021	$25K	$27K	$233K
2020	$26K	$29K	$243K
2019	$28K	$25K	$254K
2018	$73K	$24K	$259K

Between 2018 and 2022, reported annual revenue grew from $73K to $107K (+46%).

Interactive year-over-year charts and full filing details available with membership.

See the full picture for POWER OF THE PURSE INC

Complete financials, all 2 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports