Place for Children Inc

Nonprofit profile at a glance

EIN
521616673
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Baltimore, MD, USA
Phone
4105949445
Rating
56
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$24,000
Expenses
$8,796
Assets
$173,208
Liabilities
$299,725

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Eva Brown (Board President)
  • Aquilla Rice (Board Vice President)
  • JoAnne Elliott (Executive Director/ President)

People named in this filing

  • Eva Brown (Board President)
  • Aquilla Rice (Board Vice President)
  • Donald Knight (Board Secretary)

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

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

Overview

Mission

24 hour child care providing residential services for foster care children ages 11-16 years of age referred by the department of social services for group home services requiring a higher degree of supervision than family foster care.

What it reported doing in 2024

24 hour child care-licensed group homes providing residential services for children ages 11-16 years of age. These children are diagnosed as physically and/or sexually abused, neglected or abandoned and referred for care by the department of social services. Our residential program is organized in a manner to meet the individualized needs of today's youth with no more than four children per home. We serve children who are developmentally disabled and multi handicapped . We provide 24 hour supervision to all residents in our program. we typically serve those children that require a higher degree of supervision than available in the traditional family foster home.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

MIXED - 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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 26
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 74
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17.5%; rating input score 18
  • Program expense ratio: 47.8%; rating input score 48
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 25th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 63.3%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 19.69; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 1.73; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -27.5% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -61.8% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -9.8% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 17.5% of revenue deployed · 47.8% of spending went to programs
  • Governance: 4 of 5 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • High — Financial Efficiency: Mission deployment rate scored 18/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 48/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.