Peopleplace

Nonprofit profile at a glance

EIN
010395415
IRS 990 coverage
2010–2023
Forms available
Form 990 2023
Location
Camden, ME, USA
Phone
2072364225
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Kindergarten, Preschool, Nursery School, Early Admissions

Official website

Reported finances

Revenue
$301,936
Expenses
$342,476
Assets
$530,432
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Jezabel Salas (Executive Director)
  • Cricket Fuller (President)
  • Liz Neville (Vice-President)

Highest reported compensation

  • Jezabel Salas (Executive Director): $32,610 total reported compensation
  • Chrissy Rasmussen (Secretary): $209 total reported compensation
  • Liz Gioia (Director, Cooperative Coordinator): $166 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Peopleplace's mission is to provide a family-oriented early childhood education that incorporates parental involvement in preschool programs and childcare services, offers supplemental educational programs for children and adults; and participates in activities designed to promote the general health and welfare of the community and its families.

What it reported doing in 2023

Peopleplace is a cooperative preschool serving approximately 30 children per day, 5 days per week, ages birth to six years (approx. 65 children total). Peopleplace provides a family-oriented early childhood education that incorporates parental involvement in preschool programs and childcare services, offers supplemental educational programs for children and adults, and participates in activities designed to promote the general health and welfare of the community and its families.

Operating model

Revenue model
Other-operating. 79% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 92% 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 94
  • Accountability: 72
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.2%; rating input score 93
  • Program expense ratio: 81.9%; rating input score 82
  • Fundraising efficiency: $10.92 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -13.4%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 1.55; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 9.6%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 5% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 93.2% of revenue deployed · 81.9% of spending went to programs
  • Governance: 11 of 11 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $280K in reported program spending
  • Leadership: top reported pay $33K · 12 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: 4 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 — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Sustainability: Operating margin scored 20/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.