MY SISTER'S PLACE OF MADISON INC

EIN: 581871398 501(c)(3) Mental Health

MARSHALL, NC

Total Revenue
$775,163
Total Expenses
$540,872
Total Assets
$645,239
Net Assets
$619,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NC
Principal Officer
JOYCE CODY
Phone
8286492582
Tax Period
2024-07-01 to 2025-06-30

MY SISTER'S PLACE OF MADISON INC, founded in 1989, is a small nonprofit in the Mental Health sector that reported $775K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $234K, a strong 30% operating margin.

Mission

MY SISTER'S PLACE, INC. IS A NON-PROFIT AGENCY THAT PROMOTES DOMESTIC PEACE AND SAFETY THROUGH ADVOCACY, SUPPORT, AND COMMUNITY EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $455,352

MY SISTER PLACE OFFERS CASE MANAGEMENT SERVICES, SUPPORT GROUPS, COURT ADVOCACY,HOSPITAL ACCOMPANIMENT, PARENTING CLASSES, SHELTER, AND COMMUNITY EDUCATION. DURING 2024-2025, WE SERVED 907 WOMEN, 644...

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MY SISTER PLACE OFFERS CASE MANAGEMENT SERVICES, SUPPORT GROUPS, COURT ADVOCACY,HOSPITAL ACCOMPANIMENT, PARENTING CLASSES, SHELTER, AND COMMUNITY EDUCATION. DURING 2024-2025, WE SERVED 907 WOMEN, 644 CHILDREN, 27 MEN. WE RECEIVED 3,327 CRISIS CALLS, HAD 1,147 OFFICE VISITS, LED 2,877 CRISIS SESSIONS, OFFERED 14 SUPPORT GROUPS FOR WOMEN AND CHILDREN. MY SISTER'S PLACE ACCOMPANIED 9 VICTIMS TO THE HOSPITAL FOR MEDICAL ASSISTANCE,AND SERVED 77 WOMEN AND 104 CHILDREN IN THE 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 $720,960
Program Service Revenue $0
Investment Income $-4,366
Other Revenue $58,569
TOTAL REVENUE $775,163

Expense Breakdown

Grants Paid $0
Salaries & Benefits $332,216
Fundraising Expenses $16,779
Program Expenses $455,352
Other Expenses $208,656
TOTAL EXPENSES $540,872

Year-over-Year Comparison

2024 2023 Change
Revenue $775,163 $466,445 +0.7%
Expenses $540,872 $473,012 +0.1%
Net Income $234,291 $-6,567 -36.7%
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
8
Independent Members
8
Employees
7
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
5
$88,644
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOYCE CODY EXECUTIVE DI 40.00
Officer
$86,062 $2,582 $88,644
CHERYL CONWAY VICE PRESIDE 2.00
Officer Director
$0 $0 $0
CRAIG GOFORTH PRESIDENT 2.00
Officer Director
$0 $0 $0
ALEX GOMES DIRECTOR 2.00
Director
$0 $0 $0
LEE HOFFMAN DIRECTOR 2.00
Director
$0 $0 $0
JASON PONDER DIRECTOR 2.00
Director
$0 $0 $0
CATHERINE ROBERTS DIRECTOR 2.00
Director
$0 $0 $0
WAYNETTE WILSON SECRETARY 2.00
Officer Director
$0 $0 $0
CHRIS WORLEY TREASURER 2.00
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 $775,163 $540,872 $645,239 $234,291
2024 $466,445 $473,012 $397,923 $-6,567
2023 $446,214 $386,353 $392,616 $59,861
2022 $406,656 $360,990 $341,771 $45,666
2021 $426,724 $308,906 $330,153 $117,818
2020 $331,681 $293,835 $200,643 $37,846
2019 $316,849 $311,113 $169,294 $5,736
2018 $284,831 $272,043 $149,615 $12,788
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