Secret Place Home Inc
Nonprofit profile at a glance
- EIN
- 830573255
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Pensacola, FL, USA
- Phone
- 8503803118
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $-54,224
- Expenses
- $269,390
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Kristin Lipscomb (President)
People named in this filing
- Kristin Lipscomb (President)
- Stephanie White (Secretary)
- Dan Rice (Treasurer)
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
The Secret Place Home is an Advocacy Center and Service Provider for young ladies (ages 13-24 years of age) who are survivors of Human Trafficking.
What it reported doing in 2024
The specific purpose of the organization is to be a faith-based community development organization serving our local community by engaging in a broad range of strategies that promote community health, education, and development, and to also engage in activities which are necessary, suitable or convenient for the accomplishments of that purpose, or which are incidental to or connected with section 501(c)3 of the Internal Revenue Code of 1986, as amended, or to any corresponding provision of any future federal tax laws.
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 89% 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 100
- Sustainability: 8
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.5%; rating input score 87
- Program expense ratio: 30.6%; rating input score 31
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: -596.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 22.9% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: -16.2% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -7.6% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 86.5% of revenue deployed · 30.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $82K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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: Program expense ratio scored 31/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.