M F PLACE INC Charity Report

Public IRS 990 nonprofit record

M F PLACE INC

EIN 95-4834034 · Homeless Shelters (L41)

What they do

IN FY25, THROUGH OUR COMMUNITY CENTER DROP IN MODEL, MY FRIENDS PLACE PROVIDED 1,245 YOUNG PEOPLE WITH LOW-BARRIER, DEVELOPMENTALLY APPROPRIATE, TRAUMA-INFORMED SERVICES THAT SUPPORT THEIR TRAJECTORY TOWARD WELLNESS, STABILITY, and A PERMANENT EXIT FROM HOMELESSNESS. THIS is AN 8% INCREASE OVER THE PRIOR YEAR.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.51%of revenue went to mission work83.6% of expenses · Program services

5.97%of revenue went to fundraising9.0% of expenses

$66.37spent for every $100 of revenueRevenue covered expenses this year.

4.89%of revenue went to management and office costs7.4% of expenses

$4.06in assets for every $1 spent this yearSome assets cannot be spent right away.

93.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $142,723 for HEATHER CARMICHAEL (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,781,405

Mission workProgram services$3,209,05555.51% of revenue83.6% of expenses

ManagementOffice and general costs$282,8224.89% of revenue7.4% of expenses

FundraisingAsking for donations$345,2555.97% of revenue9.0% of expenses

Revenue left after expensesReported annual surplus$1,944,27333.63% of revenueShown in gray on the chart

Total expenses$3,837,13266.37% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.6% mission · 7.4% management · 9.0% fundraisingTotal expenses: 66.37% of revenue

2023Expense mix: 83.5% mission · 6.5% management · 10.0% fundraisingTotal expenses: 66.46% of revenue

2022Expense mix: 75.6% mission · 11.4% management · 13.0% fundraisingTotal expenses: 45.10% of revenue

2021Expense mix: 75.4% mission · 10.6% management · 14.0% fundraisingTotal expenses: 71.77% of revenue

2020Expense mix: 87.0% mission · 7.9% management · 5.0% fundraisingTotal expenses: 66.92% of revenue

2019Expense mix: 88.8% mission · 6.0% management · 5.2% fundraisingTotal expenses: 77.96% of revenue

2018Expense mix: 88.6% mission · 6.7% management · 4.7% fundraisingTotal expenses: 76.48% of revenue

2017Expense mix: 90.7% mission · 4.3% management · 5.0% fundraisingTotal expenses: 94.51% of revenue

Money in and money out

Revenue$5,781,405

Expenses$3,837,132

Annual surplus $1,944,273 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,209,055 · 83.6% of expenses

Management and office costs$282,822 · 7.4% of expenses

Fundraising$345,255 · 9.0% of expenses

See all reported dollar amounts

Revenue$5,781,405

Expenses$3,837,132

Assets$15,589,670

Income$6,171,653

Contributions$5,388,486

Mission work (program services)$3,209,055

Fundraising$345,255

Management and general$282,822

Executive compensation (total)$138,461

Stocks and bonds$10,249,723

Accounting fees$111,750

Investing fees$18,832

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HEATHER CARMICHAELEXECUTIVE DIRECTOR · 55 hrs/week $142,723Base $131,723 · Other $11,000

ERIN CASEYDIRECTOR OF PROGRAMS · 40 hrs/week $126,525Base $118,525 · Other $8,000

SUSAN DUTRADIRECTOR OF DEVELOPMENT · 40 hrs/week $126,336Base $119,336 · Other $7,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

HEATHER CARMICHAELEXECUTIVE DIRECTOR

ERIN CASEYDIRECTOR OF PROGRAMS

SUSAN DUTRADIRECTOR OF DEVELOPMENT

MICHAEL OATES PALMERDIRECTOR

TONI MORGANDIRECTOR

THOMAS LLOYDDIRECTOR

SHERYL RECINOSDIRECTOR

SCOTT WALKERDIRECTOR

SAMUEL ROTTERDIRECTOR

RYAN MURDENDIRECTOR

ROD BARRDIRECTOR

ROB LONGDIRECTOR

NICOLE SIMONIANDIRECTOR

N DEXTER WILLIAMS JRDIRECTOR

MIKE SHORTDIRECTOR

CHERYL HAYWARDDIRECTOR

MARY KINCAIDDIRECTOR

LYLLE BREIERDIRECTOR

KEVIN BEGGSDIRECTOR

JOANIE BERKLEYDIRECTOR

JAMES HACKMANDIRECTOR

IVAN TETHERSECRETARY

DAVID STONECO-PRESIDENT

DAVID JARRETTCO-PRESIDENT

CORDELL WILLIAMSTREASURER

About this charity

Recognized since: January 2001
Location: POST OFFICE BOX 3867, HOLLYWOOD, CA 90078
County: Los Angeles
In care of: CORDELL WILLIAMS
Primary officer: CORDELL WILLIAMS, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(323) 908-0011

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: LOPEZ ACCOUNTING GROUP
NTEE classification: Homeless Shelters (L41)
IRS tax category: Homeless Shelters