PLACE FOR CHILDREN INC (EIN 521616673) - 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

JoAnne W Elliott

Phone

4105949445

Tax Period

2024-07-01 to 2025-06-30

PLACE FOR CHILDREN INC, founded in 1988, is a micro nonprofit that reported $24K in total revenue in fiscal year 2024. The organization ran a surplus of $15K, a strong 63% operating margin.

Mission

The Place for Children, Inc. a Maryland Corporation was incorporated on May 6, 1988 as a residential child care program to operate and supervise licensed group for foster care children in Maryland.

🔒

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 $24,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $24,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,204

Other Expenses $8,796

TOTAL EXPENSES $8,796

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,000	$24,000	N/A
Expenses	$8,796	$19,535	-0.5%
Net Income	$15,204	$4,465	+2.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eva Brown	Board President	1	Director	$0	$0	$0
Aquilla Rice	Board Vice President	1	Director	$0	$0	$0
Donald Knight	Board Secretary	1	Director	$0	$0	$0
Michael Zollicoffer	Board Director Human Resources	1	Director	$0	$0	$0
JoAnne Elliott	Executive Director/ President	15	Officer Director	$0	$0	$0
Walter Elliott	Treasurer	20	Officer	$0	$0	$0
Wanda Elliott	Secretary	2	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
2025	$24,000	$8,796	$173,208	$15,204
2024	$24,000	$19,535	$173,681	$4,465
2023	$24,000	$24,512	$226,875	$-512
2022	$24,150	$22,531	$229,703	$1,619
2021	$218,316	$28,881	$247,962	$189,435

PLACE FOR CHILDREN INC