Park Place Christian Community Of

Park Place Christian Community Of consistently operates at a deficit, with expenses exceeding revenue in all reported periods.

EIN: 201834903 · Tinley Park, IL · NTEE: P75 · Updated: 2026-03-28

$11.0MRevenue

$39.9MAssets

65/100Mission Score (Good)

P75

About Park Place Christian Community Of

Park Place Christian Community Of (EIN: 201834903) is a nonprofit organization based in Tinley Park, IL, classified under NTEE code P75. The organization reported total revenue of $11.0M and total assets of $39.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Place Christian Community Of's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Park Place Christian Community Of demonstrates consistent operational deficits over the past several years, with expenses regularly exceeding revenue. For instance, in 2023, expenses were $15,875,844 against revenues of $13,505,936, indicating a significant shortfall. While assets have remained substantial, hovering around $40-45 million, the organization's liabilities have also been considerable, sometimes exceeding assets as seen in 2022 ($43,060,141 liabilities vs. $42,998,963 assets). This trend suggests potential long-term financial sustainability challenges if not addressed.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s over seven periods. A notable aspect is the reported 0% officer compensation across all filings, which could indicate either a volunteer-led executive team or that compensation is reported under different categories, warranting further investigation for a complete picture of executive remuneration. The NTEE code P75 (Nursing Facilities) suggests a focus on direct program services, which is generally positive for mission alignment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Park Place Christian Community Of 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Park Place Christian Community Of allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all filings, which is unusual for an organization of its size with revenues exceeding $10 million, suggesting either a fully volunteer executive leadership or that compensation is categorized differently.

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 Park Place Christian Community Of's IRS 990 filings:

Consistent operational deficits (expenses exceeding revenue in all reported periods)
High liabilities, sometimes exceeding total assets (e.g., 2022)
0% reported officer compensation for an organization of this size, which may obscure actual executive pay.

Strengths

The following positive indicators were identified for Park Place Christian Community Of:

Consistent filing of IRS Form 990s, indicating transparency in reporting.
Substantial asset base (e.g., $42,690,808 in 2023), providing some financial buffer.
NTEE code P75 (Nursing Facilities) suggests a clear program focus.

Frequently Asked Questions about Park Place Christian Community Of

How does Park Place Christian Community Of cover its consistent operational deficits?

The organization consistently reports expenses exceeding revenue. For example, in 2023, expenses were $15,875,844 while revenue was $13,505,936. This gap suggests reliance on prior reserves, asset sales, or other non-operating income sources not detailed in the provided summary.

What is the true executive compensation given the 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings for an organization with over $10 million in revenue is highly unusual. It's possible that executive compensation is reported under 'salaries and wages' for non-officer employees or through a related entity, requiring a deeper dive into the full 990 forms for clarity.

What is the long-term strategy for addressing the increasing liabilities?

Liabilities have been substantial, sometimes exceeding assets (e.g., $43,060,141 liabilities vs. $42,998,963 assets in 2022). This trend, coupled with operational deficits, raises questions about the organization's long-term financial stability and how it plans to manage its debt burden.

Filing History

IRS 990 filing history for Park Place Christian Community Of showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2017–2023), Park Place Christian Community Of's revenue has grown by 142.2%, moving from $5.6M to $13.5M. Total assets increased by 14.4% over the same period, from $37.3M to $42.7M. Total functional expenses rose by 85%, from $8.6M to $15.9M. In its most recent filing year (2023), Park Place Christian Community Of reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $32.1M in liabilities against $42.7M in assets (debt-to-asset ratio: 75.2%), resulting in net assets of $10.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$13.5M	$15.9M	$42.7M	$32.1M	—	—
2022	$13.2M	$15.4M	$43.0M	$43.1M	—	View 990
2021	$12.2M	$14.3M	$44.0M	$43.6M	—	View 990
2020	$12.8M	$13.5M	$45.9M	$44.3M	—	—
2019	$10.0M	$12.4M	$47.3M	$43.7M	—	View 990
2018	$7.6M	$10.5M	$42.9M	$36.4M	—	View 990
2017	$5.6M	$8.6M	$37.3M	$28.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $13.5M, expenses of $15.9M, and assets of $42.7M (revenue +2.2% year-over-year).
2022: Revenue of $13.2M, expenses of $15.4M, and assets of $43.0M (revenue +8.2% year-over-year).
2021: Revenue of $12.2M, expenses of $14.3M, and assets of $44.0M (revenue -4.2% year-over-year).
2020: Revenue of $12.8M, expenses of $13.5M, and assets of $45.9M (revenue +27.0% year-over-year).
2019: Revenue of $10.0M, expenses of $12.4M, and assets of $47.3M (revenue +32.6% year-over-year).
2018: Revenue of $7.6M, expenses of $10.5M, and assets of $42.9M (revenue +35.8% year-over-year).
2017: Revenue of $5.6M, expenses of $8.6M, and assets of $37.3M.

Data Sources and Methodology

This transparency report for Park Place Christian Community Of 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.