Serenity Place Inc
EIN: 510317506 · Dover, DE · NTEE: F22Z
| Metric | Value |
|---|---|
| Total Revenue | $637K |
| Total Expenses | $477K |
| Net Assets | $759K |
Is Serenity Place Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Serenity Place Inc
Serenity Place Inc (EIN: 510317506) is a nonprofit organization based in Dover, DE, classified under NTEE code F22Z. The organization reported total revenue of $637K and total assets of $867K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Serenity Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Serenity Place Inc is a small nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $678K |
| Total Expenses | $477K |
| Surplus / Deficit | +$201K |
| Total Assets | $764K |
| Total Liabilities | $5K |
| Net Assets | $759K |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2024, Serenity Place Inc reported a surplus of $201K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Serenity Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.9% | +16.8% | +35.7% |
| 2023 | +14.0% | +13.9% | +34.4% |
| 2022 | +7.4% | -10.2% | +74.7% |
| 2021 | -6.3% | -6.2% | +18.9% |
| 2020 | +21.0% | -16.0% | +66.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Serenity Place Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Serenity Place Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $201K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Serenity Place Inc
Is Serenity Place Inc a legitimate charity?
Serenity Place Inc (EIN: 510317506) is a registered tax-exempt nonprofit based in Delaware. It has 14 years of IRS 990 filings on record. Total revenue: $637K. No red flags identified. Financial health grade: A.
How does Serenity Place Inc spend its money?
Serenity Place Inc reported $637K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Serenity Place Inc tax-deductible?
Serenity Place Inc is registered as a tax-exempt nonprofit (EIN: 510317506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Serenity Place Inc located?
Serenity Place Inc is headquartered in Dover, Delaware and files with the IRS under EIN 510317506. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Serenity Place Inc have?
Serenity 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 $637K in total revenue.
Filing History
IRS 990 filing history for Serenity Place Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Serenity Place Inc's revenue has grown by 383.4%, moving from $140K to $678K. Total assets increased by 837% over the same period, from $82K to $764K. Total functional expenses rose by 260.2%, from $132K to $477K. In its most recent filing year (2024), Serenity Place Inc reported a surplus of $201K, with revenue exceeding expenses. The organization holds $5K in liabilities against $764K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $759K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $678K | $477K | $764K | $5K | — | — |
| 2023 | $580K | $408K | $563K | $5K | — | View 990 |
| 2022 | $509K | $359K | $419K | $32K | — | View 990 |
| 2021 | $474K | $399K | $240K | $3K | — | View 990 |
| 2020 | $505K | $426K | $202K | $39K | — | View 990 |
| 2019 | $418K | $507K | $121K | $38K | — | View 990 |
| 2018 | $520K | $482K | $198K | $25K | — | View 990 |
| 2017 | $444K | $416K | $138K | $4K | — | View 990 |
| 2016 | $344K | $312K | $95K | $15K | — | View 990 |
| 2015 | $261K | $238K | $53K | $5K | — | View 990 |
| 2014 | $178K | $196K | $36K | $11K | — | View 990 |
| 2013 | $181K | $143K | $59K | $5K | — | View 990 |
| 2012 | $273K | $136K | $217K | $150 | — | View 990 |
| 2011 | $140K | $132K | $82K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $678K, expenses of $477K, and assets of $764K (revenue +16.9% year-over-year).
- 2023: Revenue of $580K, expenses of $408K, and assets of $563K (revenue +14.0% year-over-year).
- 2022: Revenue of $509K, expenses of $359K, and assets of $419K (revenue +7.4% year-over-year).
- 2021: Revenue of $474K, expenses of $399K, and assets of $240K (revenue -6.3% year-over-year).
- 2020: Revenue of $505K, expenses of $426K, and assets of $202K (revenue +21.0% year-over-year).
- 2019: Revenue of $418K, expenses of $507K, and assets of $121K (revenue -19.7% year-over-year).
- 2018: Revenue of $520K, expenses of $482K, and assets of $198K (revenue +17.2% year-over-year).
- 2017: Revenue of $444K, expenses of $416K, and assets of $138K (revenue +29.0% year-over-year).
- 2016: Revenue of $344K, expenses of $312K, and assets of $95K (revenue +31.8% year-over-year).
- 2015: Revenue of $261K, expenses of $238K, and assets of $53K (revenue +46.4% year-over-year).
- 2014: Revenue of $178K, expenses of $196K, and assets of $36K (revenue -1.3% year-over-year).
- 2013: Revenue of $181K, expenses of $143K, and assets of $59K (revenue -33.9% year-over-year).
- 2012: Revenue of $273K, expenses of $136K, and assets of $217K (revenue +95.0% year-over-year).
- 2011: Revenue of $140K, expenses of $132K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Serenity Place Inc:
Data Sources and Methodology
This transparency report for Serenity 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.