Angels Place Inc

EIN: 251450489 501(c)(3)

Pittsburgh, PA

Total Revenue
$2,726,288
Total Expenses
$1,159,071
Total Assets
$5,737,036
Net Assets
$5,703,474
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
PA
Principal Officer
Beth Banas
Phone
4123214447
Tax Period
2024-07-01 to 2025-06-30

Angels Place Inc, founded in 1984, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 57% operating margin.

Mission

The mission of Angels Place, Inc. is to provide exceptional family support and quality early childhood education to help parents in need and their children become lifelong learners and create a brighter future.

Program Service Accomplishments

Program 1
Expenses: $833,433 Revenue: $325,090

Early Childhood Education Program:Committed to the belief that every human life is valuable, the vision of Angels Place, is to provide single parents who are low-income, full-time students with the...

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Early Childhood Education Program:Committed to the belief that every human life is valuable, the vision of Angels Place, is to provide single parents who are low-income, full-time students with the help needed to complete their education, so that they may secure satisfying employment, establish careers and become self-sufficient citizens. These services have recently been expanded to also include working, single parents of low-income, who pay a significantly reduced fee. The Early Childhood Education Program provides no-pay or significantly reduced child care that embodies over 30 years of best practices of education, family and child development to children birth to five years while their parents attend school and work. Using our evidence-based social/emotional curriculum we are providing a framework for our children to enter kindergarten ready to learn with positive approaches towards navigating life. Meeting the unique needs of children and parents facing multiple risk factors, Angels Place provides family support, access to community resources and needed interventions. Our two Angels Place centers are accredited through the National Association for the Education of Young Children (NAEYC) and achieved a 4 STAR rating from Pennsylvanias Keystone STARS, the highest rating offered. We are also accredited through Pennsylvania Association of Nonprofit Organizations (PANO). While maintaining said accreditations, Angels Place provides a loving, nurturing, safe and healthy environment that every parent and child deserves.

Program 2
Expenses: $148,443 Revenue: $1,347

Family Support Program:The Family Support Program offers, at no charge to families, support towards accomplishing educational goals and family sustainability. A Family Service Plan is created by our...

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Family Support Program:The Family Support Program offers, at no charge to families, support towards accomplishing educational goals and family sustainability. A Family Service Plan is created by our licensed Social Worker to address the individualized needs of our families. Additional services include counseling, tutoring, opportunities for growth by participation in weekly parent education classes covering life skills, parenting issues, health and safety and child development information. Referrals of enrolled parents and children to community partner agencies foster self-development and family stability. Assistance is provided in meeting the practical needs of families such as clothing, household items and other basic necessities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,323,371
Program Service Revenue $325,090
Investment Income $87,766
Other Revenue $-9,939
TOTAL REVENUE $2,726,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $770,867
Fundraising Expenses $1,774
Program Expenses $981,876
Other Expenses $388,204
TOTAL EXPENSES $1,159,071

Year-over-Year Comparison

2024 2023 Change
Revenue $2,726,288 $1,430,485 +0.9%
Expenses $1,159,071 $1,043,768 +0.1%
Net Income $1,567,217 $386,717 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
19
Volunteers
174

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$127,832
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Beth Banas Executive Dir. 40.00
Officer
$127,832 $0 $127,832
John G Arch Esq President 1.00
Officer Director
$0 $0 $0
Robert Faulkner Director 1.00
Director
$0 $0 $0
Lisa Gardner Vice President 1.00
Officer Director
$0 $0 $0
Nancy L Daller Secretary 1.00
Officer Director
$0 $0 $0
Cherie Hinnebusch Director 1.00
Director
$0 $0 $0
Stephanie Kreseen Director 1.00
Director
$0 $0 $0
Sapna Prasad Director 1.00
Director
$0 $0 $0
Elizabeth Winter Smallwood Director 1.00
Director
$0 $0 $0
Mary Winter Director 1.00
Director
$0 $0 $0
Kristine Opferman Director 1.00
Director
$0 $0 $0
Jessica Wingertsahn CPA Treasurer 1.00
Officer Director
$0 $0 $0
Dr Kalani Palmer Director 1.00
Director
$0 $0 $0
Dr Brian Donnelly Director 1.00
Director
$0 $0 $0
Peter Healy Director 1.00
Director
$0 $0 $0
James R Grab Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,726,288 $1,159,071 $5,737,036 $1,567,217
2024 $1,430,485 $1,043,768 $4,129,870 $386,717
2023 $1,482,773 $1,110,480 $3,637,823 $372,293
2022 $1,745,113 $1,030,107 $3,255,583 $715,006
2021 $1,418,672 $1,036,281 $2,567,087 $382,391
2020 $1,295,809 $1,032,085 $2,282,241 $263,724
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