Independence Place Inc

Nonprofit profile at a glance

EIN
452640003
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024
Location
Trussville, AL, USA
Phone
2059131815
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$185,600
Expenses
$149,696
Assets
$260,067
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • CARRIE JONES (Executive Director)
  • LANCE PATE (President)

People named in this filing

  • CARRIE JONES (Executive Director)
  • LANCE PATE (President)
  • PAM ELMORE (Parent Advocate)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To serve adults with disabilities

What it reported doing in 2024

Daily activities - sports, crafts, activities

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.8%; rating input score 81
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 19.3%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 1.74; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 9.7% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 80.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $150K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • 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.