Independence Place Inc is located in Trussville, AL. The organization was established in 2012. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independence Place Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Independence Place Inc generated $148.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $144.4k during the year ending 12/2023. While expenses have increased by 15.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DAILY ACTIVITIES SPORTS CRAFTS ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Jones Executive Director | 5 | $0 | |
Lance Pate President | 5 | $0 | |
Pam Elmore Parent Advocate | 2 | $0 | |
Katie Thompson Board Member | 2 | $0 | |
Janis Braue Vicepresident | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,676 |
| Total Program Service Revenue | $85,400 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,329 |
| Other Revenue | $0 |
| Total Revenue | $148,405 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,343 |
| Salaries, other compensation, and employee benefits | $123,158 |
| Professional fees and other payments to independent contractors | $4,705 |
| Occupancy, rent, utilities, and maintenance | $750 |
| Printing, publications, postage, and shipping | $986 |
| Other expenses | $7,412 |
| Total expenses | $144,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,109 |
| Other assets | $0 |
| Total assets | $224,163 |
| Total liabilities | $0 |
| Net assets or fund balances | $224,163 |