Skip to the page content
Your donations
Passes our checks

Power of Putnam Inc

EIN 26-3283746 · Cookeville, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

To conduct and administer various substance abuse prevention and awareness programs and promote community involvement in these programs to build a healthy and dynamic community free of drug, tobacco, and alcohol abuse.

Income
$892,341
Spending
$895,483
Spent on programs
86%
Reserves
1.1 months of spending
Largest source of income
government grants, 94%
Employees
12
Volunteers
70

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 48 out of 100. Higher than 16% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.1 months of spending.

  • Debt

    5 of 20

    It owes 50% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 0% of income.

  • Income trend

    10 of 15

    Income fell 2% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100. Higher than 77% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (12)
  1. $263,270 spent. Strategic Prevention Framework-Partnership for Success Program: Coordinate programs to reduce the non-medical use of prescription drugs and abuse related problems and consequences in Tennessee.
  2. $108,668 spent. Drug-Free Communities Program: Supports collaboration among community entities to reduce substance use among youth. Works with leaders within the community to identify and address local youth substance use problems and create sustainable change through environmental prevention strategies. The total value of donated services, space, and other materials to this program is $196,158.
  3. $104,103 spent. Established Coalitions Program: Coordinates the implementation of substance abuse prevention strategies to address underage drinking and tabacco use; Builds community level infrastructure to prevent the onset and reduce the progression of substance abuse in Putnam Co, TN.
  4. $66,285 spent. Lifeline Peer Support - to reduce stigma related to the disease of addiction and increase community support for policies that provide for treatment and recovery services
  5. $61,068 spent. Drug-Endangered Children - to develop policies and programs in response to drug endangered children
  6. $47,664 spent. Coalitions COVID-19 Supplemental - to reduce marijuana use among persons ages 12-25 years
  7. $44,459 spent. State Opioid Response III - to identify and select evidence-based interventions that address local needs, reduce substance abuse problems, prevent the onset and reduce the progression of substance abuse, and build prevention capacity and infrastructure at the state, regional, and community levels
  8. $30,326 spent. Putnam County awarded a grant to fund to build coalition capacity and to implement projects to reduce opiod misuse in Putnam Ciynty Tennessee.
  9. $22,465 spent. STOP Act - to prevent and reduce alcohol use among youth and young adults in Putnam Co, TN
  10. $16,248 spent. OAC - Tennessee Opiod Abatement Cuncil granted funds to reduce the diversion ofCF vetinaryprescription funds to human misuse through programs to educate vetenary professionals.
  11. $9,424 spent. Amerisource Bergen Foundation - to provide prescription drug diversion awareness and prevention within the TN and southeastern animal care community
  12. See statement 4 for description of line 4d Other Program Services.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2009.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.