AARONS PLACE INC

EIN: 842099035 501(c)(3) Food, Agriculture & Nutrition

PRESTON, MD

Total Revenue
$367,679
Total Expenses
$365,483
Total Assets
$66,771
Net Assets
$66,771
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Phone
4432435906
Tax Period
2023-01-01 to 2023-12-31

AARONS PLACE INC, founded in 2019, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $368K in total revenue in fiscal year 2023.

Mission

Our mission is to help meet the basic human needs of impoverished people with respect affirming an individuals dignity while addressing the root problems which perpetuate the cycle of poverty regardless of race ethnicity sexual orientation age disability or religious orientation. We attempt to accomplish this mission through collaboration and community partnerships strengthening communities and empowering families for an improved quality of life by addressing their societal needs. Aarons Place is a food pantry.

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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 (2023)

Revenue Breakdown

Contributions & Grants $367,679
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $367,679

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $308,120
Other Expenses $365,483
TOTAL EXPENSES $365,483

Year-over-Year Comparison

2023 2022 Change
Revenue $367,679 $349,750 +0.1%
Expenses $365,483 $345,264 +0.1%
Net Income $2,196 $4,486 -0.5%
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
4
Independent Members
4
Employees
N/A
Volunteers
36

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
None Officer 0.00
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 No data No data No data No data
2023 $367,679 $365,483 $66,771 $2,196
2022 $349,750 $345,264 $64,575 $4,486
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