MY PLACE HOME FOR THE HOMELESS

EIN: 463408363 501(c)(3) Housing & Shelter

BUFFALO, NY

Total Revenue
$787,691
Total Expenses
$888,283
Total Assets
$2,391,436
Net Assets
$590,670
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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
2014
Legal Domicile
NY
Principal Officer
PASTOR REGINALD E KERR
Phone
7168951353
Tax Period
2024-01-01 to 2024-12-31

MY PLACE HOME FOR THE HOMELESS, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $788K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $888K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE CHARITABLE PURPOSE OF AIDING PERSONS WHO ARE IN NEED OF FOOD, CLOTHING AND SHELTER.

Program Service Accomplishments

Program 1
Expenses: $763,307 Revenue: $56,616

CHARITABLE PURPOSES OF AIDING PERSONS WHO ARE IN NEED OF FOOD, CLOTHING, AND SHELTER.

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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 $729,950
Program Service Revenue $56,616
Investment Income $0
Other Revenue $1,125
TOTAL REVENUE $787,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $502,584
Fundraising Expenses $0
Program Expenses $763,307
Other Expenses $385,699
TOTAL EXPENSES $888,283

Year-over-Year Comparison

2024 2023 Change
Revenue $787,691 $1,233,117 -0.4%
Expenses $888,283 $678,289 +0.3%
Net Income $-100,592 $554,828 -1.2%
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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Governance

Voting Members
6
Independent Members
6
Employees
38
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
$10,904
Total Directors
4
$10,904
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VALERIE C SHROPSHIRE DIRECTOR 5.00
Director
$0 $0 $0
REANIECE E CURTIS DIRECTOR 5.00
Director
$0 $0 $0
PASTOR REGINALD E KERR PRESIDENT 40.00
Officer Director
$0 $0 $0
AIYANA SALTERS OGUNNIRAN TREASURER 10.00
Officer Director
$10,904 $0 $10,904
RENEE MURRILL CEO/EXECUTIVE DIRECTOR 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
2024 $787,691 $888,283 $2,391,436 $-100,592
2023 $1,233,975 $776,532 $2,198,211 $457,443
2023 $1,233,117 $678,289 $2,328,331 $554,828
2022 $240,071 $284,229 $20,393 $-44,158
2021 $164,313 $208,313 $125 $-44,000
2020 $278,292 $315,929 $44,125 $-37,637
2019 $422,263 $413,277 $91,561 $8,986
2018 $436,331 $370,003 $86,947 $66,328
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