Place For Children Inc
- Assets
- $226.9k
- Revenue
- $24.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 01/1990
- Data as of
- 06/2023
- EIN
- 52-1616673
Organization Overview
Place For Children Inc is located in Baltimore, MD. The organization was established in 1990. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Place For Children Inc 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 06/2023, Place For Children Inc generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (52.1%) each year. All expenses for the organization totaled $24.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
24 HOUR CHILD CARE-LICENSED GROUP HOMES PROVIDING RESIDENTIAL SERVICES FOR CHILDREN AGES 11-16 YEARS OF AGE. THESE CHILDREN ARE DIAGNOSED AS PHYSICALLY AND/OR SEXUALLY ABUSED, NEGLECTED OR ABANDONED AND REFERRED FOR CARE BY THE DEPARTMENT OF SOCIAL SERVICES. OUR RESIDENTIAL PROGRAM IS ORGANIZED IN A MANNER TO MEET THE INDIVIDUALIZED NEEDS OF TODAY'S YOUTH WITH NO MORE THAN FOUR CHILDREN PER HOME. WE SERVE CHILDREN WHO ARE DEVELOPMENTALLY DISABLED AND MULTI HANDICAPPED . WE PROVIDE 24 HOUR SUPERVISION TO ALL RESIDENTS IN OUR PROGRAM. WE TYPICALLY SERVE THOSE CHILDREN THAT REQUIRE A HIGHER DEGREE OF SUPERVISION THAN AVAILABLE IN THE TRADITIONAL FAMILY FOSTER HOME.
THE PLACE FOR CHILDREN, INC. CONTRACTS WITH FOR HOPES'S SAKE, LLC. TO PROVIDE RESIDENTIAL HOUSING THROUGH THEIR TRANSITIONAL HOUSING ASSISTANCE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eva Brown Board President | Trustee | 1 | $0 |
Aquilla Rice Board Vice President | Trustee | 1 | $0 |
Donald Knight Board Secretary | Trustee | 1 | $0 |
Leroy Jones Board Director Of Finance | Trustee | 1 | $0 |
Michael Zollicoffer Board Director Human Resources | Trustee | 1 | $0 |
Joanne Elliott Executive Director/ President | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $885 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $489 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,745 |
| Travel | $5,837 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,200 |
| Insurance | $3,356 |
| All other expenses | $0 |
| Total functional expenses | $24,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,028 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $9,847 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $226,875 |
| Accounts payable and accrued expenses | $6,212 |
| 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 | $366,849 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $373,061 |
| Net assets without donor restrictions | -$146,186 |
| Net assets with donor restrictions | $0 |
| 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 | $226,875 |