M F PLACE INC

EIN: 954834034 501(c)(3) Housing & Shelter

HOLLYWOOD, CA

Total Revenue
$7,222,931
Total Expenses
$3,257,508
Total Assets
$11,369,063
Net Assets
$11,088,872
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CA
Principal Officer
SCOTT WALKER
Phone
3239080011
Tax Period
2022-07-01 to 2023-06-30

M F PLACE INC, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $7.2M in total revenue in fiscal year 2022. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.0M, a strong 55% operating margin.

Mission

THE ORGANIZATION OFFERS A COMPREHENSIVE CONTINUUM OF CARE THAT INCLUDES FREE EMERGENCY RESOURCES SUCH AS FOOD AND CLOTHING IN COMBINATION WITH HEALTH, EDUCATIONAL, AND THERAPEUTIC SERVICES TO NEARLY 1,000 HOMELESS YOUTH AND THEIR CHILDREN EACH YEAR.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,424,314
Program Service Revenue $0
Investment Income $113,889
Other Revenue $-315,272
TOTAL REVENUE $7,222,931

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,229,168
Fundraising Expenses $423,269
Program Expenses $2,461,508
Other Expenses $1,028,340
TOTAL EXPENSES $3,257,508

Year-over-Year Comparison

2022 2021 Change
Revenue $7,222,931 $4,261,669 +0.7%
Expenses $3,257,508 $3,058,683 +0.1%
Net Income $3,965,423 $1,202,986 +2.3%
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

Sign In

Governance

Voting Members
23
Independent Members
23
Employees
40
Volunteers
1000

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
$138,443
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID JARRETT CO-PRESIDENT 3.00
Officer Director
$0 $0 $0
CHERYL HAYWARD CO-PRESIDENT 3.00
Officer Director
$0 $0 $0
IVAN TETHER SECRETARY 2.00
Officer Director
$0 $0 $0
SCOTT WALKER TREASURER 3.00
Officer Director
$0 $0 $0
ROD BARR DIRECTOR 2.00
Director
$0 $0 $0
KEVIN BEGGS DIRECTOR 1.00
Director
$0 $0 $0
JOANIE BERKLEY DIRECTOR 1.00
Director
$0 $0 $0
LYLLE BREIER DIRECTOR 1.00
Director
$0 $0 $0
JAY FAIRES DIRECTOR 1.00
Director
$0 $0 $0
MARY KINCAID DIRECTOR 1.00
Director
$0 $0 $0
LIZ LEVITT-HIRSCH DIRECTOR 1.00
Director
$0 $0 $0
TOM LLOYD DIRECTOR 1.00
Director
$0 $0 $0
ROB LONG DIRECTOR 1.00
Director
$0 $0 $0
TONI MORGAN DIRECTOR 1.00
Director
$0 $0 $0
RYAN MURDEN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL OATES PALMER DIRECTOR 1.00
Director
$0 $0 $0
SAMUEL ROTTER DIRECTOR 1.00
Director
$0 $0 $0
NICOLE SIMONIAN DIRECTOR 1.00
Director
$0 $0 $0
NJI WAMUCHO DIRECTOR 1.00
Director
$0 $0 $0
DEXTER WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
SHERYL RECINOS DIRECTOR 1.00
Director
$0 $0 $0
DAVID STONE DIRECTOR 1.00
Director
$0 $0 $0
CORDELL WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
HEATHER CARMICHAEL EXECUTIVE DIRECTOR 55.00
Officer
$129,443 $9,000 $138,443
SUSAN DUTRA DIRECTOR OF DEVELOPMENT 40.00
Highest
$110,884 $6,000 $116,884
ERIN CASEY DIRECTOR OF PROGRAMS 40.00
Highest
$110,374 $7,000 $117,374
JEFFREY KATZ DIRECTOR OF STRATEGIC INITIATIVES 40.00
Highest
$111,467 $6,000 $117,467
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 No data No data No data No data
2024 No data No data No data No data
2023 $7,222,931 $3,257,508 $11,369,063 $3,965,423
2022 $4,261,669 $3,058,683 $7,359,130 $1,202,986
2021 $3,903,422 $2,612,315 $6,667,843 $1,291,107
2020 $3,254,252 $2,536,998 $5,373,015 $717,254
2019 $2,967,442 $2,269,548 $4,206,297 $697,894
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare M F PLACE INC with other nonprofits in California and across the country.