The Family Place

Nonprofit profile at a glance

EIN
412003333
IRS 990 coverage
2010–2018
Forms available
Form 990 2018
Location
St Paul, MN, USA
Phone
6512259354
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$345,380
Expenses
$640,824
Assets
$160,910
Liabilities
$22,243

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

8 people listed

Highest reported compensation

  • MARGARET LOVEJOY (EXECUTIVE DI): $36,550 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Assisting families in shelters to gain more confidence in building future goals that will lead to success of the entire family.

What it reported doing in 2018

The family place (tfp) has touched the lives of more than 3100 adults and 4900 children since opening the doors in 2001. For 18 years, tfp has delivered ramsey county a safe and appropriate daytime place for homeless families with children - providing basic needs: three healthy meals and a snack each day, shower, laundry, and storage facilities, childcare, a computer access area, a pick up and drop off location for school-aged children, and a spectrum of other essential services to help families regain stability. For more than a decade, it remained the only day shelter for families in ramsey county. Most recently, tfp has added both a night shelter program and an innovative education platform (going home), designed for every member of a family in transition. Tfp provides day services from 7:00 am to 6:00 pm on weekdays, and from 9:00 am to 6:00 pm on the weekends, and operates at full capacity, 365 days a year in 2018, an average shelter stay was 3.7 months. The family place served 225 clients in 2018, down from 337 served in 2017 because of the new trend of longer shelter stays. The need for shelter space has increased and the waiting lists for shelter are growing. The wait times are increasing, currently 22.8 days. Tfp served more than 25,000 healthy meals and healthy snacks in 2018. Tfp has a staff og 13 (5 contracted employees) and more than 600 volunteers annually. 86% of our families are headed by single adults, 64% are children, 100% of the clients are living in poverty, 83% are female, 64% are african american. It is significant to note that only 8% of Minnesota's population are african americans, ages 18 or older, yet they account for nearly 40% of Minnesota's homeless population. It is the goal of tfp to change the way in which family shelters operate and to end repeated and generational homelessness.

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 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 75
  • Accountability: 93
  • Sustainability: 13
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: $3.53 raised per $1 spent on fundraising; rating input score 16; 16th 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: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 22nd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -85.5%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 5.7%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 12.4% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83% of spending went to programs
  • Governance: 7 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $532K in reported program spending
  • Leadership: top reported pay $37K · 8 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 16/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.