Childrens Place Association
- Assets
- $7.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 74
- Location
- Chicago, IL
- Founding
- 04/1998
- Data as of
- 06/2022
- EIN
- 91-1923031
Organization Overview
Childrens Place Association is located in Chicago, IL. The organization was established in 1998. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 06/2022, Childrens Place Association employed 74 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Childrens Place Association 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 06/2022, Childrens Place Association generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. 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
TO SUPPORT THE MISSION OF THE CHILDREN'S PLACE ASSOCIATION WHICH IS TO BUILD A SECURE AND HOPEFUL TODAY SO CHILDREN FACING HEALTH ISSUES AND POVERTY SUCCEED TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFILIATED EXEMPT CORPORATIONS INCLUDED IN THIS GROUP RETURN, EXCLUDING INTERNATIONAL (SEE BELOW) PROVIDE SUPPORTING SERVICES TO THE CENTRAL ORGANIZATION, THE CHILDREN'S PLACE ASSN. #36-3641017, WHICH PROVIDES VARIOUS SERVICES FOR MEDICALLY COMPLEX HIV AND OTHER ELIGIBLE CHILDREN. THE HOUSING CORPORATION PROVIDES LEASED SPACE A TWO LOCATIONS FOR CHILDREN'S PLACE ASSOCIATION. THE FOUNDATION PROVIDES FUNDRAISING SERVICES, WEST HUMBOLDT PLACE PROVIDED 365 DAYS OF HOUSING TO FORMERLY HOMELESS FAMILIES LIVING WITH HIV/AIDS AND OTHER LIFE ALTERING MEDICAL CONDITIONS.
CHILDREN'S PLACE INTERNATIONAL NFP PROVIDED SUPPORT FOR ACCESS TO MEDICAL CARE, CASE MANAGEMENT, PSYCHOLOGICAL SERVICES, NUTRITION, EDUCATION, AND LABORATORY INFRASTRUCTURE IMPACTING OVER 5,000 INDIVIDUALS IN HAITI, KENYA, TANZANIA, SIERRA LEONE, AND THE DOMINICAN REPUBLIC LIVING WITH OR AFFECTED BY HIV/AIDS, CANCERS, EPILEPSY, MENTAL HEALTH ISSUES, MALNOURISHMENT, AND OTHER ILLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Krieger Retired Jan 2022 Chief Executive Officer | Officer | 1 | $0 |
John Sweeny Deputy Executive Director | 1 | $0 | |
Alonso Shantal Chief Development & Communicat | 1 | $0 | |
Latoyia Neal Chief Financial Officer | 1 | $0 | |
Maurice Rashad Fears Chief Initiatives Officer | 1 | $0 | |
Kathleen Sellew Chair, Foundation | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $487,146 |
| Related organizations | $0 |
| Government grants | $44,651 |
| All other contributions, gifts, grants, and similar amounts not included above | $505,779 |
| Noncash contributions included in lines 1a–1f | $6,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,037,576 |
| Total Program Service Revenue | $536,047 |
| Investment income | $42,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$132,488 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,483,707 |
| 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 | $293,663 |
| 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 | $758,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,639 |
| Payroll taxes | $59,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,075 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,373 |
| Fees for services: Other | $38,799 |
| Advertising and promotion | $21,461 |
| Office expenses | $61,404 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $243,700 |
| Travel | $1,435 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $470 |
| Payments to affiliates | $22,675 |
| Depreciation, depletion, and amortization | $261,714 |
| Insurance | $18,770 |
| All other expenses | $0 |
| Total functional expenses | $1,822,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,010,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $121,355 |
| 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 | $4,877,495 |
| Investments—publicly traded securities | $1,087,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $278,416 |
| Total assets | $7,375,469 |
| Accounts payable and accrued expenses | $142,480 |
| Grants payable | $0 |
| Deferred revenue | $2,124 |
| 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 | $285,974 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,586 |
| Total liabilities | $434,164 |
| Net assets without donor restrictions | $6,841,884 |
| Net assets with donor restrictions | $99,421 |
| 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 | $7,375,469 |