PLACES INC (EIN 311251178) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

BARBARA MILLER

Phone

9374777209

Tax Period

2024-01-01 to 2024-12-31

PLACES INC, founded in 1988, is a community nonprofit in the Mental Health sector that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDES HOUSING AND COMMUNITY SUPPORTIVE SERVICES FOR PERSONS WITH MENTAL ILLNESS INCLUDING HOMELESS PERSONS. HOUSING AND SUPPORTIVE SERVICES ARE PROVIDED IN ADULT CARE FACILITIES AND INDEPENDENT LIVING ENVIRONMENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,172,919

Program Service Revenue $446,613

Investment Income $512,610

Other Revenue $46,923

TOTAL REVENUE $3,179,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,299,747

Fundraising Expenses $0

Program Expenses $2,597,661

Other Expenses $1,201,507

TOTAL EXPENSES $3,501,254

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,179,065	$4,795,974	-0.3%
Expenses	$3,501,254	$4,515,546	-0.2%
Net Income	$-322,189	$280,428	-2.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$91,346

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY CRAIG	CEO	40.00		$452,664	$5,581	$458,245
LAURA FERRELL	CEO	40.00	Officer	$91,346	$0	$91,346
TONY GOHEEN	TRUSTEE	2.00	Director	$0	$0	$0
MARION JACKSON	TREASURER	2.00	Officer Director	$0	$0	$0
BARBARA MILLER	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEVE MUELLER	TRUSTEE	2.00	Director	$0	$0	$0
ANDY STORAR	TRUSTEE	2.00	Director	$0	$0	$0
GRAIG TUSCHONG	SECRETARY	4.00	Officer Director	$0	$0	$0
RON HILL	VICE PRESIDE	2.00	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
2024	$3,179,065	$3,501,254	$1,709,406	$-322,189
2023	$4,795,974	$4,515,546	$2,783,953	$280,428
2022	$3,693,603	$4,160,601	$2,055,474	$-466,998
2021	$3,875,632	$3,992,790	$2,202,216	$-117,158
2020	$4,613,686	$3,917,711	$2,710,208	$695,975
2020	$4,613,686	$3,917,711	$2,710,208	$695,975
2019	$3,752,278	$3,731,096	$1,958,049	$21,182
2018	$3,678,866	$3,751,109	$1,719,805	$-72,243

PLACES INC