PLACEFUL COMPANY INC

EIN: 473818158 501(c)(3)

NEW YORK, NY

Total Revenue
$88,342
Total Expenses
$149,595
Total Assets
$21,375
Net Assets
$-196,440
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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
2015
Legal Domicile
NY
Principal Officer
SHAWN MCLEAREN
Tax Period
2018-01-01 to 2018-12-31

PLACEFUL COMPANY INC, founded in 2015, is a micro nonprofit that reported $88K in total revenue in fiscal year 2018. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $150K exceeded revenue, resulting in a 69% operating deficit.

Mission

THE CORE PRINCIPLE OF WORK IS PROMOTING VALUES OF SUSTAINABILITY WITHIN THE PRACTICE AND IN PARTNERSHIP WITH 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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $79,741
Program Service Revenue $8,600
Investment Income $1
Other Revenue $0
TOTAL REVENUE $88,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $117,612
Fundraising Expenses $0
Program Expenses $130,101
Other Expenses $31,983
TOTAL EXPENSES $149,595

Year-over-Year Comparison

2018 2017 Change
Revenue $88,342 $314,442 -0.7%
Expenses $149,595 $302,429 -0.5%
Net Income $-61,253 $12,013 -6.1%
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

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Governance

Voting Members
11
Independent Members
9
Employees
2
Volunteers
9

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
2
$180,154
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SETH COSTON TREASURER 0.00
Director
$0 $0 $0
DEBORAH VANAMERONGEN BOARD MERMBER 0.00
Director
$0 $0 $0
MATHEW WAMBUA BOARD MEMBER 0.00
Director
$0 $0 $0
RICHARD FLOORD BOARD MEMBER 0.00
Director
$0 $0 $0
MARIANNA SCHAEFFER BOARD MEMBER 0.00
Director
$0 $0 $0
FELIX MATOS RODRIGUEZ BOARD MEMBER 0.00
Director
$0 $0 $0
EILEEN REYES AIRIAS BOARD MEMBER 0.00
Director
$0 $0 $0
FABIAN RAMIREZ BOARD MEMBER 0.00
Director
$0 $0 $0
DARNELL HOLLOWAY BOARD MEMBER 0.00
Director
$0 $0 $0
SHAWN MCLEAREN PRESIDENT 40.00
Officer
$47,086 $0 $94,172
DAMON ROWE DIRECTOR OF OPER 40.00
Officer
$42,991 $0 $85,982
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
2018 $88,342 $149,595 $21,375 $-61,253
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