The Place Ministries Inc
- Assets
- $100.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-2763962
Organization Overview
The Place Ministries Inc is located in Pasadena, CA. The organization was established in 2016. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Place Ministries 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 12/2021, Place Ministries Inc generated $157.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $109.2k during the year ending 12/2021. While expenses have increased by 12.7% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SERVED INDIVIDUALS, COUPLES, AND FAMILIES THROUGH PRIVATE SESSIONS OF LISTENING, COACHING AND MENTORING, SPIRITUAL DIRECTION AND GUIDANCE, AND TEACHING TO HELP THEM BREAK FREE FROM PAST HURTS AND UNHEALTHY CYCLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haesook Won President | 40 | $25,000 | |
Samuel Won Financial Officer | 40 | $25,000 | |
Kathy Yi Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,192 |
| Total Program Service Revenue | $24,725 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,917 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,524 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,681 |
| Total expenses | $109,205 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,171 |
| Other assets | $0 |
| Total assets | $100,171 |
| Total liabilities | $1,784 |
| Net assets or fund balances | $98,387 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Place Ministries Inc has recieved totaling $275.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $275 |
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