Billy's Place INC EIN 46-1308048 Form 990 (PDF) Claim this org

Billy's Place INC

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Supports grieving children and families to connect, heal, and find hope after loss. For fiscal year 2024 it reported $618K in revenue, $571K in expenses, and $81K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Peoria, AZ
Website
www.billysplace.me
Filings
6 on file (2019–2024)
Revenue
$618KFY2024
Expenses
$571K
Net assets
$81K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-1308048 Public charity (501(c)(3)) Peoria, AZ
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports grieving children and families to connect, heal, and find hope after loss.
Leadership
Kris Friedman · Executive Director · $88K
Money in and out
$618K revenue, $571K expenses
Bottom line
79% program efficiency
Where the money goes · FY2024
Total revenue
$618K
Pt VIII · Ln 12
Total expenses
$571K
Pt IX · Ln 25
Net assets
$81K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.12 Fundraising $0.09
Program efficiency
79%
of spending reaches programs▲ +12% vs prior filing year
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate▲ +17% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▲ +642% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$618K
FY2024▲ +23%
Expenses
$571K
FY2024▲ +12%
Total assets
$160K
FY2024▲ +32%
Total liabilities
$79K
FY2024▼ -8%
Total revenue
$618K
Pt VIII · Ln 12
Total expenses
$571K
Pt IX · Ln 25
Net assets
$81K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$160K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

2 program services account for $450K of program spending, described in the organization's own filed words · FY2024.
01

Providing essential needs to grieving children who have deceased parents, and siblings. Multiple support groups monthly with provided dinner and grief activities.

$450Kprogram expense
02

Grief training and resources for community groups, including clinician, local schools and colleges, and businesses.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBilly's Place INC
EINHdr · item D46-1308048
Principal addressHdr · item CPeoria, AZ
WebsiteHdr · item Jwww.billysplace.me
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$87,760Pt VII · Sec A
Secretary
$12,810Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A

Kris Friedman’s $88K as Executive Director is at the 78th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Kris Friedman$87,760$74,178$61,913$56,760$46,900$36,100
Juli Schragel$16,191$11,154$3,136$1,400$7,000
Juli McGreal$12,810

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$426K · 69%
Other revenue$192K · 31%
Contributions & grants69%$426K
Other revenue31%$192K
Investment income$10
Total revenueLn 12$618K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.12 Fundraising $0.09
Program services79%$450K
Management & general12%$71K
Fundraising9%$51K
Total functional expensesLn 25$571K

Balance Sheet

Part X · end of year
CashLn 1$160K
Total assetsLn 16$160K
Total liabilitiesLn 26$79K
Total net assetsLn 32$81K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $160K · Operating expenses/yr $571K
3.4 months
Where the money goes
Program services
Program services $450K · Total expenses $571K
79%
Management & General
Management & general $71K · Total expenses $571K
12%
Fundraising
Fundraising $51K · Total expenses $571K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $358K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $426K · Total revenue $618K
69%
Government reliance
Government grants — · Total revenue $618K
Earned-income share
Program service revenue $0 · Total revenue $618K
0%
Investment reliance
Investment income $10 · Total revenue $618K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $571K
0%
Growth & trend
Revenue growth (YoY)
This year $618K · Prior year $501K
+23%
Revenue CAGR
FY2019 $159K · FY2024 $618K
+31%
Net-asset trend (YoY)
End of year $81K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $618K · Expenses $571K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $160K
Net-asset ratio
Net assets $81K · Total assets $160K
51%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $160K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kris Friedman · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $88K · Total expenses $571K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $334K · Total expenses $571K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 12%
Fundraising cost ratio 12%
Revenue growth 23%
Accounting fee ratio 0.6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$2K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$618K revenue · viewing · ⤓ 990 PDF
FY2023$501K revenue · ⤓ 990 PDF
FY2022$511K revenue · ⤓ 990 PDF
FY2021$385K revenue · ⤓ 990 PDF
FY2020$246K revenue · ⤓ 990 PDF
FY2019$159K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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