Myplace Inc
- Assets
- $138.4k
- Revenue
- $217.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MI
- Founding
- Data as of
- 08/2022
- EIN
- 85-3079910
Organization Overview
Myplace Inc is located in Jackson, MI. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Myplace 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 08/2022, Myplace Inc generated $217.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $179.9k during the year ending 08/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THAT THE PRIMARY PURPOSES FOR WHICH IT IS FORMED ARE T: O REDUCE THE VULNERABILITY FOR EXPLOITATION BY OFFERING SAFE TRANSITIONAL HOUSING AND HOLISTIC SUPPORT SERVICES TO YOUTH AND YOUNG ADULTS IN THE GREATER JACKSON AREA WITH A PREFERENCE TO THOSE IN VULNERABLE CIRCUMSTANCES. THROUGH COMMUNITY-BASED ACTION AND PARTNERSHIP WITH OTHERS WE WILL OFFER NEW FUTURES BY TRANSITIONING THESE YOUTHS TO SELF-SUFFICIENCY
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE HOUSING FOR UP TO SIX YOUNG WOMEN AGING OUT OF FOSTER SYSTEM. IN THE PAST YEAR WE AVERAGED 5-6 WOMEN WITH SOME STAYING LONGER WHILE OTHER ONLY A SHORT PERIOD OF TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandria Fagan Resident Director | Officer | 40 | $58,500 |
Antwanai Jouirney Hourly Staff | Officer | 40 | $31,598 |
Zaire Ingram Hourly Staff | Officer | 30 | $18,291 |
Cassady Smith Staff | Officer | 35 | $16,373 |
Denise Johnson Staff | Officer | 10 | $2,771 |
Karyn Beemer Staff | Officer | 20 | $1,571 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,005 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,891 |
| 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 | $217,452 |
| 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. | $130,600 |
| Compensation of current officers, directors, key employees. | $130,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,632 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $12,765 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,000 |
| Travel | $1,377 |
| 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 | $17,440 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,118 |
| All other expenses | $0 |
| Total functional expenses | $179,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,784 |
| 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 | $1,664 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $138,448 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $138,448 |
| 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 | $138,448 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Myplace Inc has recieved totaling $37,321.
| Awarding Organization | Amount |
|---|---|
John George Jr Paragraph X Trust Detroit, MI PURPOSE: YOUTH DEVELOPMENT | $20,000 |
Jackson Community Foundation Jackson, MI PURPOSE: PERSONAL GROWTH | $12,321 |
Consumers Energy Foundation Jackson, MI PURPOSE: MYPLACE SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travaux Inc Milwaukee, WI | $20,871,575 | $29,083,823 |
University Village Housing Inc Green Bay, WI | $28,254,095 | $5,543,891 |
Rescue Mission Of Mahoning Valley Youngstown, OH | $10,421,726 | $4,223,090 |
Community Teaching Homes Inc Holland, OH | $1,337,006 | $2,516,239 |
Aya Youth Collective Grand Rapids, MI | $3,689,480 | $2,215,318 |
Community Care Organization Detroit, MI | $2,287,842 | $993,117 |
U Snap Bac Inc Detroit, MI | $660,187 | $852,889 |
Future Choices Inc Muncie, IN | $2,713,745 | $998,076 |
Springhill Housing Corporation Troy, MI | $5,265,545 | $1,342,262 |
Cots Inc Appleton, WI | $2,402,736 | $1,044,365 |
Live Rite Structured Recovery Corp Clay, MI | $1,037,743 | $826,023 |
Walking With Jesus Ministries South Bend, IN | $250,753 | $680,819 |