National Safe Place Inc
National Safe Place Inc. faces declining revenue and consistent deficits in recent years.
EIN: 204343628 · Louisville, KY · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $525K |
| Total Expenses | $738K |
| Program Spending | 75% |
| Net Assets | $189K |
| Transparency Score | 65/100 |
Is National 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 →
National Safe Place Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Safe Place Inc
National Safe Place Inc (EIN: 204343628) is a nonprofit organization based in Louisville, KY, classified under NTEE code P30. The organization reported total revenue of $525K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Safe Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Safe Place Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $538K |
| Total Expenses | $738K |
| Surplus / Deficit | $-200,246 |
| Total Assets | $302K |
| Total Liabilities | $112K |
| Net Assets | $189K |
| Operating Margin | -37.2% |
| Debt-to-Asset Ratio | 37.3% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2023, National Safe Place Inc reported a deficit of $200K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 37.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Safe Place Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.5% | +22.5% | -39.3% |
| 2022 | +57.9% | -6.4% | +110.3% |
| 2021 | -68.8% | -66.6% | -41.3% |
| 2020 | -41.0% | -36.4% | -47.6% |
| 2019 | -9.2% | -2.7% | -20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 National Safe Place Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, National Safe Place Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $200K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.3%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for minimizing administrative costs relative to the organization's size.
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 National Safe Place Inc's IRS 990 filings:
- Significant and consistent decline in revenue from $3.2 million in 2016 to $537,789 in 2023.
- Expenses frequently exceed revenue, indicating operational deficits (e.g., $738,035 expenses vs. $537,789 revenue in 2023).
- Assets have decreased substantially from a peak of $968,545 in 2018 to $301,704 in 2023.
Strengths
The following positive indicators were identified for National Safe Place Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
- Maintains a positive net asset position, despite recent declines, with assets of $301,704 against liabilities of $112,495 in 2023.
Frequently Asked Questions about National Safe Place Inc
Is National Safe Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, National Safe Place Inc (EIN: 204343628) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does National Safe Place Inc spend its money?
National Safe Place Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Safe Place Inc tax-deductible?
National Safe Place Inc is registered as a tax-exempt nonprofit (EIN: 204343628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Safe Place Inc's spending goes to programs?
National Safe Place Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does National Safe Place Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), National Safe Place Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is National Safe Place Inc located?
National Safe Place Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 204343628. It is classified under NTEE code P30.
How many years of IRS 990 filings does National Safe Place Inc have?
National Safe Place Inc has 13 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 $525K in total revenue.
Is National Safe Place Inc. financially stable?
Based on the recent filings, National Safe Place Inc. shows signs of financial instability, with revenue declining significantly from $3.2 million in 2016 to $537,789 in 2023, and expenses frequently exceeding revenue, such as in 2023 where expenses were $738,035 against $537,789 in revenue.
What caused the significant drop in revenue after 2018?
The provided data shows a sharp decline in revenue from $3,201,894 in 2018 to $1,717,297 in 2020, and further to $537,789 in 2023. The specific causes are not detailed in this summary, but such a substantial drop warrants further investigation into funding sources and operational changes.
How does the organization cover its deficits?
With expenses frequently exceeding revenue (e.g., $738,035 expenses vs. $537,789 revenue in 2023), the organization likely covers these deficits by drawing from its assets or accumulated reserves from prior years, as indicated by the fluctuating asset levels.
Is the 0% officer compensation sustainable for leadership?
While 0% officer compensation is excellent for minimizing administrative costs, it raises questions about how the organization attracts and retains qualified leadership, especially given the declining financial trends. This could indicate reliance on volunteer leadership or compensation structured in ways not reported as 'officer compensation'.
Filing History
IRS 990 filing history for National Safe Place Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Safe Place Inc's revenue has declined by 25.2%, moving from $719K to $538K. Total assets decreased by 53.2% over the same period, from $645K to $302K. Total functional expenses rose by 18.9%, from $621K to $738K. In its most recent filing year (2023), National Safe Place Inc reported a deficit of $200K, with expenses exceeding revenue. The organization holds $112K in liabilities against $302K in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $189K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $538K | $738K | $302K | $112K | — | — |
| 2022 | $847K | $603K | $497K | $108K | — | — |
| 2021 | $536K | $644K | $236K | $91K | — | View 990 |
| 2020 | $1.7M | $1.9M | $403K | $150K | — | — |
| 2019 | $2.9M | $3.0M | $768K | $307K | — | View 990 |
| 2018 | $3.2M | $3.1M | $969K | $304K | — | View 990 |
| 2017 | $2.9M | $2.9M | $765K | $192K | — | View 990 |
| 2016 | $3.3M | $3.3M | $870K | $271K | — | View 990 |
| 2015 | $2.7M | $2.7M | $747K | $166K | — | View 990 |
| 2014 | $2.6M | $2.6M | $771K | $152K | — | View 990 |
| 2013 | $2.0M | $2.0M | $736K | $190K | — | View 990 |
| 2012 | $987K | $1.1M | $714K | $255K | — | View 990 |
| 2011 | $719K | $621K | $645K | $68K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $538K, expenses of $738K, and assets of $302K (revenue -36.5% year-over-year).
- 2022: Revenue of $847K, expenses of $603K, and assets of $497K (revenue +57.9% year-over-year).
- 2021: Revenue of $536K, expenses of $644K, and assets of $236K (revenue -68.8% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.9M, and assets of $403K (revenue -41.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.0M, and assets of $768K (revenue -9.2% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.1M, and assets of $969K (revenue +10.9% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.9M, and assets of $765K (revenue -11.7% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.3M, and assets of $870K (revenue +21.2% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.7M, and assets of $747K (revenue +2.8% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.6M, and assets of $771K (revenue +33.4% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $736K (revenue +99.3% year-over-year).
- 2012: Revenue of $987K, expenses of $1.1M, and assets of $714K (revenue +37.3% year-over-year).
- 2011: Revenue of $719K, expenses of $621K, and assets of $645K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Safe Place Inc:
Data Sources and Methodology
This transparency report for National 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.