Thirteenth Place Inc

Nonprofit profile at a glance

EIN
631125194
IRS 990 coverage
2013–2015
Forms available
Form 990 2015
Location
Gadsden, AL, USA
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Children's, Youth Services

Reported finances

Revenue
$668,399
Expenses
$665,897
Assets
$200,365
Liabilities
$203,413

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • JACOB MILLICAN (PRESIDENT)
  • MISTY LEDBETTER (VICE-PRESIDENT)
  • KIM PAYNE (EXECUTIVE DIRECTOR)
  • ERICA LANG (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MISTY HANEY (FINANCIAL MANAGER): $42,600 total reported compensation
  • KIM PAYNE (EXECUTIVE DIRECTOR): $28,800 total reported compensation
  • ERICA LANG (EXECUTIVE DIRECTOR): $21,789 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Non-profit community based facility designed to address the immediate needs of runaway and homeless youth and their families and to provide crisis intervention services for youth in at risk situations.

What it reported doing in 2015

See attached statement of purpose

Operating model

Revenue model
Grant-funded. 100% of the money available for current operations came from government grants.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Accountability: 5
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.7%; rating input score 78
  • Program expense ratio: 78%; rating input score 78
  • 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: Limited
  • Governance controls: 1 of 9 controls in place; rating input score 11
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.4%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 1.02; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 14%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 2.8% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 77.7% of revenue deployed · 78% of spending went to programs
  • Governance: 1 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $519K in reported program spending
  • Leadership: top reported pay $43K · 15 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2013 to 2015
  • Contacts: How to reach this organization
  • Money network: 3 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.

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 — Accountability: Governance controls: 8 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.