The Place Ministries Inc

Nonprofit profile at a glance

EIN
812763962
IRS 990-EZ coverage
2017–2025
Forms available
Form 990-EZ 2025, Form 990-N 2016
Location
Pasadena, CA, USA
Phone
8185795770
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Religious (unspecified)

Official website

Reported finances

Revenue
$137,456
Expenses
$116,706
Assets
$190,754
Liabilities
$881

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Haesook Won (President)

People named in this filing

  • Haesook Won (President)
  • Samuel Won (Financial Officer)
  • Kathy Yi (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The specific purpose of the organization includes, but is not limited to, offering a safe place and space for people to process past hurts and unhealthy cycles in their lives so they can forge a healthier connection with self, others, and God.

What it reported doing in 2025

The organization served individuals, couples, and families through private sessions of listening, coaching and mentoring, spiritual direction and guidance, and teaching to help them break free from past hurts and unhealthy cycles.

Operating model

Revenue model
Donor-supported. 80% 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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 100
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70%; rating input score 70
  • Program expense ratio: 81.4%; rating input score 81

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: 15.1%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 1.63; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 41.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 3.4% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 20.2% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 70% of revenue deployed · 81.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $95K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2017 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 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 — Sustainability: Officer compensation ratio scored 8/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.