Houston's Amazing Place Inc

Nonprofit profile at a glance

EIN
760604478
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Houston, TX, USA
Phone
7135520420
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Residential Care & Adult Day Programs

Official website

Reported finances

Revenue
$8,329,672
Expenses
$4,756,109
Assets
$25,106,931
Liabilities
$1,949,889

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • Cathy Stubbs (President)
  • Lurie McAdow (Vice President)
  • Tracey Brown (Executive Director)

Highest reported compensation

  • Tracey Brown (Executive Director): $187,678 total reported compensation
  • Mitra Shahbaz (Chief Financial Officer from 7/24): $63,825 total reported compensation
  • Amber Delano (Finance Director thru 4/24): $53,468 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Amazing Place empowers families facing the challenges of dementia and Alzheimer's and advances brain health for all. The Organization serves adults with mild cognitive impairment and mild to moderate dementia, caregiving families and friends, and those interested in brain health.

What it reported doing in 2024

Amazing Place received a collaborative grant from the Administration for Community Living to launch three new and expanded initiatives. First, the Faith Care Connection program was expanded into the West Houston/Katy community, working alongside churches to serve older adults living alone and at risk or with dementia. The Faith Care Connection team trains clergy, staff, and lay leaders about becoming dementia-friendly congregations. Our Star C program utilizes experienced volunteers as trained consultants to offer in-home interventions to caregivers, using an evidence-based intervention to manage difficult behaviors. See Schedule OThe third initiative is Amazing Place's first Spanish program, Cuidando con Respeto (caring with respect), provided to family caregivers caring for loved ones with dementia. In January 2024 we also added Cognitive Stimulation Therapy under our ACL grant to serve adults with mild cognitive impairment (MCI) in this small group, evidence-based program which is held twice per week for one hour over a 7 week period.

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 83
  • Accountability: 97
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42%; rating input score 42
  • Program expense ratio: 70.1%; rating input score 70
  • Fundraising efficiency: $10.76 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95%; rating input score 95; 25th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 42.9%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 5.28; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 6.4%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 7.6% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 42% of revenue deployed · 70.1% of spending went to programs
  • Governance: 19 of 20 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $3.3M in reported program spending
  • Leadership: top reported pay $188K · 23 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $4.4M reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.