Family Place Foundation
- Assets
- $5.0m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Dallas, TX
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 26-1573190
Organization Overview
Family Place Foundation is located in Dallas, TX. The organization was established in 2008. According to its NTEE Classification (F11) the organization is classified as: Single Organization Support, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Family Place Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Place Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Family Place Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 73.0% each year . All expenses for the organization totaled $162.6k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD A LEGACY OF HOPE FOR VICTIMS OF FAMILY VIOLENCE THROUGH FUNDRAISING, ENDOWMENTS AND PLANNED GIVING.
Describe the Organization's Program Activity:
THE FAMILY PLACE FOUNDATION DISTRIBUTES FUNDS TO THE FAMILY PLACE TO SUPPORT THE EMERGENCY SHELTERS AND HOUSING, CLIENT COUNSELING AND OTHER COMMUNITY COLLABORATION PROGRAMS CONDUCTED AT THE FAMILY PLACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paige Flink Ceo, End: 03/22 | Officer | 1 | $6,656 |
Sarah Pietsch CFO | Officer | 1 | $1,517 |
Meredith Sterling Ceo, Start: 09/21 | Officer | 1 | $385 |
Marc Joseph Secretary | OfficerTrustee | 1 | $0 |
Dave Rader Treasurer | OfficerTrustee | 1 | $0 |
Lynn Mcbee President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $731 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,158,126 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,126,659 |
| Noncash contributions included in lines 1a–1f | $1,158,126 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,285,516 |
| Total Program Service Revenue | $0 |
| Investment income | $63,905 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53,426 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,402,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,262 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,953 |
| Compensation of current officers, directors, key employees. | $1,587 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,537 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $209 |
| Payroll taxes | $1,027 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,158 |
| Fees for services: Other | $1,347 |
| Advertising and promotion | $2,519 |
| Office expenses | $3,521 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8 |
| Travel | $4 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,048 |
| All other expenses | $0 |
| Total functional expenses | $162,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $187,544 |
| Pledges and grants receivable | $120,643 |
| Accounts receivable, net | $200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,227,828 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $503,576 |
| Total assets | $5,039,791 |
| Accounts payable and accrued expenses | $10,633 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,633 |
| Net assets without donor restrictions | $570,383 |
| Net assets with donor restrictions | $4,458,775 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,039,791 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Family Place Foundation has recieved totaling $50,500.
| Awarding Organization | Amount |
|---|---|
Rita Crocker Clements Foundation Dallas, TX PURPOSE: COMMUNITY OUTREACH | $50,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $1,468,020 |
| Earnings | $266,980 |
| Net Contributions | $3,129,757 |
| Grants | $114,253 |
| Ending Balance | $4,750,504 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scf Charitable Properties Inc Dallas, TX | $2,060,663 | $8,427 |
Hope Harbor Qalicb Houston, TX | $18,956,795 | $8,916 |
Ozark Guidance Center Foundation Springdale, AR | $0 | $1,231,873 |
Foundation For The Council On Alcohol And Drug Abuse-Houston Inc Houston, TX | $12,122,672 | $525,866 |
Family Place Foundation Dallas, TX | $5,039,791 | $3,402,847 |
Serenity Foundation 2019 Tr Abilene, TX | $1,966,609 | $600,097 |
May M Vert Memorial Fund Dallas, TX | $0 | $35,290 |
Lifepath Systems Foundation Mckinney, TX | $77,873 | $0 |
Addison Anonymous Group Club Addison, TX | $27,624 | $0 |
Vergie Belle Smallwood Trust For Kilgore, TX | $381,534 | $27,059 |
Gary L Levering Endowment Corporation Houston, TX | $2,046,444 | $52,987 |
Un-Hushed Foundation Houston, TX | $10,000 | $0 |