The Place
Nonprofit profile at a glance
- EIN
- 841549702
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Colorado Springs, CO, USA
- Phone
- 7192443959
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $6,532,131
- Expenses
- $3,183,284
- Assets
- $4,818,300
- Liabilities
- $124,148
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- MIMI BROWN CHAIR FISCAL YR (INTERIM CEO (06/2025 - 09/2025))
- BECKY GUNDRUM (INTERIM CEO (9/8/25 TO 09/30/2025))
- REBECCA TREECE (CEO (TO 06/2025))
Highest reported compensation
- REBECCA TREECE (CEO (TO 06/2025)): $133,909 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The place helps youth experiencing homelessness and youth at risk of becoming homeless overcome real life challenges by providing essential services and a supportive community, empowering them to become self-sufficient adults.
What it reported doing in 2024
Outreach: the place's street outreach team members are on the streets seeking out runaway and homeless young people wherever they may be congregating. The staff engage youth in conversation and distribute hygiene supplies, clothing, food and items that offer protection on the street. Healthcare agencies, in collaboration with other community partners, allow the outreach team to provide HIV and hepatitis-c testing resources. Outreach team members are trained through the principals of trauma-informed care and are adept at establishing trust among the homeless youth population as they provide referrals for shelter, housing opportunities, education and employments programs, mental health and/or drug counseling, supplemental nutrition and health care.
Operating model
- Revenue model
- Grant-funded. 77% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 97
- Accountability: 100
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.1%; rating input score 33
- Program expense ratio: 67.1%; rating input score 67
- Fundraising efficiency: $23.67 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 25th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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: 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: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 51.3%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 4.2%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 13.8% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 8.8% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 33.1% of revenue deployed · 67.1% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 6 filed program accomplishments · $2.1M in reported program spending
- Leadership: top reported pay $134K · 13 people listed
- Consistency: 37 of 38 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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: Mission deployment rate scored 33/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 59/100.