THEIR PLACE INC

EIN: 475114502 501(c)(3) Human Services

WOODBRIDGE, NJ

Total Revenue
$5,699,640
Total Expenses
$7,256,226
Total Assets
$11,159,280
Net Assets
$8,008,665
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NJ
Principal Officer
LEO SANTOS
Phone
7323608065
Tax Period
2024-01-01 to 2024-12-31

THEIR PLACE INC, founded in 2015, is a community nonprofit in the Human Services sector that reported $5.7M in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $7.3M exceeded revenue, resulting in a 27% operating deficit.

Mission

THEIR PLACE IS DEDICATED TO CHAMPIONING THE RIGHTS AND ENHANCING THE QUALITY OF LIFE FOR INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES (IDD). WE STRIVE TO CREATE A COMPASSIONATE AND INCLUSIVE COMMUNITY WHERE EVERY PERSON, REGARDLESS OF THEIR ABILITIES, IS VALUED, SUPPORTED, AND EMPOWERED TO REACH THEIR FULL POTENTIAL. THROUGH ADVOCACY, EDUCATION, AND PERSONALIZED CARE, WE WORK TIRELESSLY TO BREAK DOWN BARRIERS, FOSTER INDEPENDENCE, AND PROMOTE A SOCIETY THAT CELEBRATES THE UNIQUE CONTRIBUTIONS OF EVERY INDIVIDUAL WITH IDD. OUR MISSION IS TO BUILD A WORLD WHERE INCLUSIVITY REIGNS, AND INDIVIDUALS WITH IDD ARE GIVEN THE RESPECT, OPPORTUNITIES, AND SUPPORT THEY DESERVE TO LEAD FULFILLING AND MEANINGFUL LIVES.

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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 $4,077
Program Service Revenue $6,211,051
Investment Income $-510,586
Other Revenue $-4,902
TOTAL REVENUE $5,699,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,762,437
Fundraising Expenses $42,279
Program Expenses $5,212,535
Other Expenses $1,493,789
TOTAL EXPENSES $7,256,226

Year-over-Year Comparison

2024 2023 Change
Revenue $5,699,640 $10,696,978 -0.5%
Expenses $7,256,226 $8,094,394 -0.1%
Net Income $-1,556,586 $2,602,584 -1.6%
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
3
Independent Members
2
Employees
193
Volunteers
3

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
1
$195,959
Total Directors
3
$195,959
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA SHIVONE TRUSTEE 0.50
Director
$0 $0 $0
MYLES BRAKMAN TRUSTEE 0.50
Director
$0 $0 $0
NICOLE APPELLO CEO 40.00
Officer Director
$174,623 $21,336 $195,959
LASANA RAYSIDE COO 40.00
Highest
$115,724 $19,384 $135,108
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 $5,699,640 $7,256,226 $11,159,280 $-1,556,586
2023 $10,696,978 $8,094,394 $13,134,933 $2,602,584
2022 $8,799,906 $8,471,393 $10,703,642 $328,513
2021 $10,816,279 $8,165,809 $6,966,940 $2,650,470
2020 $8,612,352 $6,018,685 $4,136,782 $2,593,667
2019 $3,265,159 $2,524,274 $1,526,920 $740,885
2018 $1,467,689 $1,009,529 $629,964 $458,160
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