WILLIAM'S PLACE INC

EIN: 371618932 501(c)(3) Human Services

CAYCE, SC

Total Revenue
$99,249
Total Expenses
$140,151
Total Assets
$1,197,985
Net Assets
$-522,264
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
SC
Principal Officer
JOY JAY
Phone
8037795363
Tax Period
2023-07-01 to 2024-06-30

WILLIAM'S PLACE INC, founded in 2010, is a micro nonprofit in the Human Services sector that reported $99K in total revenue in fiscal year 2023. Expenses of $140K exceeded revenue, resulting in a 41% operating deficit.

Mission

WILLIAM'S PLACE INC. IS A NOT-FOR PROFIT CORPORATION FORMED IN ACCORDANCE WITH NOT-FOR PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 14 UNIT PROJECT KNOWN AS WILLIAM'S PLACE APARTMENTS LOCATED IN CAYCE, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS AND HANDICAPPED PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE FROM THE U.S.DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $63,066
Program Service Revenue $35,630
Investment Income $59
Other Revenue $494
TOTAL REVENUE $99,249

Expense Breakdown

Grants Paid $0
Salaries & Benefits $36,228
Fundraising Expenses $0
Program Expenses $126,863
Other Expenses $103,923
TOTAL EXPENSES $140,151

Year-over-Year Comparison

2023 2022 Change
Revenue $99,249 $96,919 +0.0%
Expenses $140,151 $135,494 +0.0%
Net Income $-40,902 $-38,575 +0.1%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM GILMORE MEMBER AT LA N/A
Director
$0 $0 $0
JOY JAY EXEC DIRECTO N/A
Director
$0 $0 $0
ERICA JENNSEN CHAIR N/A
Officer Director
$0 $0 $0
DAVE PRUITT VICE CHAIR N/A
Officer Director
$0 $0 $0
BRIDGET HOLLIS STATEN MEMBER AT LA N/A
Director
$0 $0 $0
MIKE TAYLOR MEMBER AT LA N/A
Director
$0 $0 $0
MARY TORRO MEMBER AT AR N/A
Officer 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 No data No data No data No data
2024 $99,249 $140,151 $1,197,985 $-40,902
2023 $96,919 $135,494 $1,226,562 $-38,575
2022 $88,129 $134,788 $1,253,403 $-46,659
2021 $94,276 $136,601 $1,295,314 $-42,325
2020 $87,270 $124,683 $1,337,085 $-37,413
2019 $84,694 $135,759 $1,374,517 $-51,065
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