Overview
What is The Place?
The Place is a nonprofit organization situated in Colorado Springs, Colorado, at 423 E Cucharras St. Their primary mission is to assist homeless youth in achieving self-sufficiency and leading fulfilling lives. Upon entering the shelter, each youth undergoes an intake assessment to identify individual needs and barriers, collaborating with a case manager to develop a tailored case plan. This plan focuses on strengthening existing capabilities and leveraging community resources to promote stability. The Place offers overnight shelter and day services, empowering youth to overcome challenges and become self-sufficient adults. With a dedicated staff of 88 individuals, this nonprofit provides essential services and a supportive community, nurturing the potential within each young person.
Official website here: www.theplacecos.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
The Place has received a commendable Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance as well as its impact measurement. The organization excels in financial management, evidenced by a perfect score in several key areas, including the independence of its board members and the effective use of funds, with a program expense ratio of 73.47%.
The accountability metrics highlight no material diversion of assets and a solid Liabilities to Assets ratio of 25.53%. These indicators suggest that The Place operates efficiently and transparently, thereby earning the trust of its supporters and stakeholders. Its commitment to maintaining a fully independent board and proper oversight mechanisms contributes positively to its overall governance.
However, while the organization scored well in impact measurement with an 80% rating, there may be room for improvement in its performance in this area. The ability to provide a night of shelter for a significant percentage of the Fair Market Rent illustrates its meaningful impact, but ongoing evaluation and enhancement of these measures could further boost its effectiveness and community reach.
This AI summary has been generated from information found on Charity Navigator.
Is The Place legitimate?
The Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Place submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $116,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,574,747
For more financial information, click here
Official website here: www.theplacecos.org/
What is the mission statement of The Place?
The Place, an organization dedicated to assisting youth, strives to help those experiencing homelessness and those at risk of becoming homeless overcome various challenges. They achieve this by offering essential services and fostering a supportive community, ultimately empowering these youth to become self-sufficient adults. Upon entering the shelter, each youth undergoes an intake assessment to identify individual needs and barriers to exiting homelessness. With the guidance of a case manager, a personalized case plan is developed to achieve stability and self-sufficiency by leveraging existing strengths and accessing community resources. This plan is implemented while the youth stays at the shelter as long as they actively participate in services and make progress towards their self-sufficiency goals.
Official website here: www.theplacecos.org/
Who is the CEO of The Place?
Shawna Kemppainen is the Executive Director of The Place.
Official website here: www.theplacecos.org/
What is the revenue of The Place?
The Place's revenue in 2022 was $3,748,742.
Official website here: www.theplacecos.org/
Who are the executives of The Place and what are their salaries?
The average compensation at The Place during 2022 was $19,213. There are 88 employees and 45 volunteers at The Place.
Here are 9 key members and their salaries:
- Compensation: $75,599
- Related: $0
- Other: $17,186
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.theplacecos.org/
Where can I find the form 990 for The Place?
The Place's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theplacecos.org/
Learn more at the official website: www.theplacecos.org/
Mission Statement of The Place
The Place, a nonprofit organization, is committed to igniting the potential within youth who are currently experiencing homelessness or are at risk of becoming homeless. Their mission is to assist these young individuals in overcoming the challenges they face by providing essential services and fostering a supportive community. The ultimate goal is to empower them to transform into self-sufficient adults.
Upon entering The Place, homeless youth are invited to stay at the shelter for as long as they are actively participating in services and making progress towards their self-sufficiency goals. An intake assessment is conducted to identify individual needs and barriers to exiting homelessness. With the help of a case manager, each youth develops a personalized case plan, focusing on building upon existing strengths and accessing community resources. The Place's holistic approach aims to equip these young individuals with the tools and support necessary to achieve stability and independence.
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Impact
July, 2024
The Place's impact is profound as it provides vital support and resources to youth experiencing homelessness or at risk of becoming homeless. By offering overnight shelter, day services, and personalized case plans, The Place ignites the potential in these youth to exit homelessness and create self-determined, fulfilling lives. Through this comprehensive approach, The Place empowers youth to overcome real-life challenges, access essential services, and build a supportive community that enables them to become self-sufficient adults. This organization's work in Colorado Springs, CO, is instrumental in helping vulnerable youth achieve stability and thrive.
This information is meant to be a general summary of The Place. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29
- Gross Receipts: $3,774,613
Assets and Liabilities:
- Total Assets: $1,759,018
- Total Liabilities: $449,128
- Net Assets: $1,309,890
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Organization Details
Founding Year
2000
Phone
(719) 338-9257Principal Officer
Shawna Kemppainen
Main Address
423 E Cucharras St, Colorado Springs, CO, 80903
Website
www.theplacecos.org/NTEE Category
Code: P20 - Human services
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