A Safe Place Inc
A Safe Place Inc: Strong Program Spending, but Transparency Lacking on Executive Compensation
EIN: 222823947 · Nantucket, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $16.8M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| Net Assets | $2.7M |
| Transparency Score | 85/100 |
Is A Safe Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A Safe Place Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A Safe Place Inc
A Safe Place Inc (EIN: 222823947) is a nonprofit organization based in Nantucket, MA. The organization reported total revenue of $16.8M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Safe Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Safe Place Inc is a large nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$475K |
| Total Assets | $2.9M |
| Total Liabilities | $196K |
| Net Assets | $2.7M |
| Operating Margin | 25.0% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 24.1 months |
Financial Health Grade: A
In 2024, A Safe Place Inc reported a surplus of $475K with revenue exceeding expenses, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), A Safe Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.6% | -0.3% | +25.0% |
| 2023 | +16.9% | +33.5% | +29.4% |
| 2022 | +27.6% | +15.8% | +26.4% |
| 2021 | +4.2% | +8.2% | +58.2% |
| 2020 | +36.2% | +24.0% | +44.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Safe Place Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, A Safe Place Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $475K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Without specific compensation figures, it's impossible to assess executive compensation; however, the lack of explicit disclosure raises a minor concern.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of A Safe Place Inc's IRS 990 filings:
- Executive compensation details are not transparently disclosed in the provided data.
- Specific program spending details are not granular enough to fully evaluate impact.
Strengths
The following positive indicators were identified for A Safe Place Inc:
- Consistent revenue growth over the past several years, indicating strong donor support.
- Healthy asset growth, suggesting good financial management and capacity building.
- Low liability-to-asset ratio, indicating financial stability.
Frequently Asked Questions about A Safe Place Inc
Is A Safe Place Inc a legitimate charity?
A Safe Place Inc (EIN: 222823947) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $16.8M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does A Safe Place Inc spend its money?
A Safe Place Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to A Safe Place Inc tax-deductible?
A Safe Place Inc is registered as a tax-exempt nonprofit (EIN: 222823947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of A Safe Place Inc's spending goes to programs?
A Safe Place Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is A Safe Place Inc located?
A Safe Place Inc is headquartered in Nantucket, Massachusetts and files with the IRS under EIN 222823947.
How many years of IRS 990 filings does A Safe Place Inc have?
A Safe Place Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $16.8M in total revenue.
What does A Safe Place Inc do?
A Safe Place Inc is a nonprofit organization in the Unknown sector, located in Nantucket, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does A Safe Place Inc have?
A Safe Place Inc reported total revenue of $16,837,968. Based on 14 IRS 990 filings on record.
What are A Safe Place Inc's total assets?
A Safe Place Inc holds total assets of $10,900,477 as reported in IRS 990 filings.
Where is A Safe Place Inc located?
A Safe Place Inc is based in Nantucket, Massachusetts.
What is A Safe Place Inc's EIN?
A Safe Place Inc's Employer Identification Number (EIN) is 222823947. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is A Safe Place Inc?
A Safe Place Inc is classified under NTEE code Unknown (Unknown).
Is A Safe Place Inc a registered 501(c)(3)?
A Safe Place Inc appears in IRS records (EIN: 222823947). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does A Safe Place Inc file IRS Form 990?
Yes, A Safe Place Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was A Safe Place Inc's revenue in 2024?
In the 202406 filing period, A Safe Place Inc reported total revenue of $1,902,536, total expenses of $1,427,751, and net assets of $2,862,583.
Is A Safe Place Inc's revenue growing or declining?
A Safe Place Inc's revenue is relatively stable. Revenue went from $1,819,159 (202306) to $1,902,536 (202406), a +4.6% change. Based on 14 filings on record.
What is A Safe Place Inc's most recent 990 filing?
The most recent IRS Form 990 filing for A Safe Place Inc covers tax period 202406. It shows revenue of $1,902,536, expenses of $1,427,751, total assets of $2,862,583, and liabilities of $195,773.
How much does A Safe Place Inc spend on programs vs administration?
Based on IRS 990 analysis, A Safe Place Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is A Safe Place Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, A Safe Place Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for A Safe Place Inc?
The following concerns were identified: Executive compensation details are not transparently disclosed in the provided data.. Specific program spending details are not granular enough to fully evaluate impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are A Safe Place Inc's strengths?
Positive indicators for A Safe Place Inc include: Consistent revenue growth over the past several years, indicating strong donor support.. Healthy asset growth, suggesting good financial management and capacity building.. Low liability-to-asset ratio, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does A Safe Place Inc compensate executives?
Without specific compensation figures, it's impossible to assess executive compensation; however, the lack of explicit disclosure raises a minor concern. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does A Safe Place Inc manage to consistently grow its revenue and assets year-over-year?
The consistent growth in revenue and assets suggests effective fundraising strategies and prudent financial management, possibly driven by strong community engagement and successful program outcomes that attract continued support.
What specific programs are driving the majority of A Safe Place Inc's expenses, and how are their impacts measured?
While the data indicates a high percentage of spending on programs, the specific breakdown of these programs and their individual impact metrics are not available, making it difficult to assess the effectiveness of individual initiatives.
Filing History
IRS 990 filing history for A Safe Place Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), A Safe Place Inc's revenue has grown by 330.7%, moving from $442K to $1.9M. Total assets increased by 1040.7% over the same period, from $251K to $2.9M. Total functional expenses rose by 232.4%, from $430K to $1.4M. In its most recent filing year (2024), A Safe Place Inc reported a surplus of $475K, with revenue exceeding expenses. The organization holds $196K in liabilities against $2.9M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $1.4M | $2.9M | $196K | — | View 990 |
| 2023 | $1.8M | $1.4M | $2.3M | $227K | — | — |
| 2022 | $1.6M | $1.1M | $1.8M | $177K | — | View 990 |
| 2021 | $1.2M | $927K | $1.4M | $167K | — | View 990 |
| 2020 | $1.2M | $856K | $885K | $57K | — | View 990 |
| 2019 | $859K | $690K | $611K | $110K | — | View 990 |
| 2018 | $716K | $660K | $405K | $73K | — | View 990 |
| 2017 | $563K | $555K | $334K | $59K | — | View 990 |
| 2016 | $638K | $611K | $333K | $63K | — | View 990 |
| 2015 | $501K | $475K | $313K | $70K | — | View 990 |
| 2014 | $493K | $481K | $284K | $67K | — | View 990 |
| 2013 | $439K | $468K | $268K | $62K | — | View 990 |
| 2012 | $447K | $416K | $281K | $46K | — | View 990 |
| 2011 | $442K | $430K | $251K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.9M, expenses of $1.4M, and assets of $2.9M (revenue +4.6% year-over-year).
- 2023: Revenue of $1.8M, expenses of $1.4M, and assets of $2.3M (revenue +16.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.1M, and assets of $1.8M (revenue +27.6% year-over-year).
- 2021: Revenue of $1.2M, expenses of $927K, and assets of $1.4M (revenue +4.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $856K, and assets of $885K (revenue +36.2% year-over-year).
- 2019: Revenue of $859K, expenses of $690K, and assets of $611K (revenue +20.0% year-over-year).
- 2018: Revenue of $716K, expenses of $660K, and assets of $405K (revenue +27.2% year-over-year).
- 2017: Revenue of $563K, expenses of $555K, and assets of $334K (revenue -11.8% year-over-year).
- 2016: Revenue of $638K, expenses of $611K, and assets of $333K (revenue +27.5% year-over-year).
- 2015: Revenue of $501K, expenses of $475K, and assets of $313K (revenue +1.5% year-over-year).
- 2014: Revenue of $493K, expenses of $481K, and assets of $284K (revenue +12.4% year-over-year).
- 2013: Revenue of $439K, expenses of $468K, and assets of $268K (revenue -1.8% year-over-year).
- 2012: Revenue of $447K, expenses of $416K, and assets of $281K (revenue +1.2% year-over-year).
- 2011: Revenue of $442K, expenses of $430K, and assets of $251K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Safe Place Inc:
Data Sources and Methodology
This transparency report for A Safe Place Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.