CHILDREN'S PLACE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

BONNIE LOGAN

Phone

3045258586

Tax Period

2024-07-01 to 2025-06-30

CHILDREN'S PLACE INC, founded in 1981, is a small nonprofit in the Human Services sector that reported $643K in total revenue in fiscal year 2024.

Mission

TO PROVIDE EARLY LEARNING SERVICES TO ANY WHO SEEK, REGARDLESS OF THEIR ABILITY TO PAY.

Program Service Accomplishments

Program 1

Expenses: $574,187 Revenue: $642,771

CHILDREN'S PLACE IS AN EARLY LEARNING CENTER WHICH SERVES OVER 60 CHILDREN AND EMPLOYEES OF MINIMUM OF 15 FULL AND PART-TIME STAFF. THE FACILITY IS OWNED BY THE CITY OF HUNTINGTON AND IS LEASED...

CHILDREN'S PLACE IS AN EARLY LEARNING CENTER WHICH SERVES OVER 60 CHILDREN AND EMPLOYEES OF MINIMUM OF 15 FULL AND PART-TIME STAFF. THE FACILITY IS OWNED BY THE CITY OF HUNTINGTON AND IS LEASED LONG-TERM AT A MINIMAL COST, PROVIDED CHILDREN'S PLACE CONTINUES TO PROVIDE EARLY LEARNING SERVICES TO THOSE IN THE COMMUNITY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $437,185

Program Service Revenue $205,586

Investment Income $0

Other Revenue $0

TOTAL REVENUE $642,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $459,556

Fundraising Expenses $0

Program Expenses $574,187

Other Expenses $170,651

TOTAL EXPENSES $630,207

Year-over-Year Comparison

	2024	2023	Change
Revenue	$642,771	$615,171	+0.0%
Expenses	$630,207	$711,970	-0.1%
Net Income	$12,564	$-96,799	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$13,643

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGHAN MAYO RESIGNED MAY 2025	EXECUTIVE DI	40.00	Officer	$11,308	$0	$11,308
BONNIE LOGAN	EXECUTIVE DI	40.00	Officer	$2,335	$0	$2,335
TRAVIS MCCLUNG	BOARD PRESID	5.00	Officer Director	$0	$0	$0
WADE MIDKIFF	BOARD MEMBER	0.50	Director	$0	$0	$0
MICHAEL MISITI	BOARD TREASU	2.50	Officer Director	$0	$0	$0
BEN NEWHOUSE	BOARD MEMBER	0.50	Director	$0	$0	$0
JULIAN PECORA	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGELA ITTIG RESIGNED DEC 24	EXECUTIVE DI	40.00	Officer	$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	$642,771	$630,207	$211,201	$12,564
2024	$615,171	$711,970	$206,533	$-96,799
2023	$722,472	$686,183	$305,460	$36,289
2022	$610,378	$571,482	$268,613	$38,896