Thisisplace Foundation EIN 84-3744867

Thisisplace Foundation

EIN  84-3744867 Public foundation / grantmaker Bethesda, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
a public foundation
Leadership
Frank Pichel · Partner for Field Operations · $93K
Money in and out
$433K revenue, $512K expenses
Bottom line
60% program efficiency

Thisisplace Foundation is a public foundation based in Bethesda, MD. For fiscal year 2024 it reported $433K in revenue, $512K in expenses, and $114K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$433K
Pt VIII · Ln 12
Total expenses
$512K
Pt IX · Ln 25
Net assets
$114K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$79K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.40
Program efficiency
60%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate▼ -10% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▲ +36% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$433K
FY2024▼ -59%
Expenses
$512K
FY2024▼ -63%
Total assets
$137K
FY2024▼ -62%
Total liabilities
$23K
FY2024▼ -55%
Total revenue
$433K
Pt VIII · Ln 12
Total expenses
$512K
Pt IX · Ln 25
Net assets
$114K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$79K
Total assetsPt X · Ln 16$137K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $199K of program spending, described in the organization's own filed words · FY2024.
01

Added tuvalu data to the place trust following MARCH/APRIL 2024 data COLLECTION.COLLECTED high-resolution aerial and street-level mapping data for tuvalu's capital atoll (funafuti) and added it to the place data trust to preserve geographic, cultural, and environmental records and support resilience planning.

$77Kprogram expense
02

Place Trust

Place is making critical mapping data more open, reliable and accessible through the creation of a data trust governed in the public interest and stewarded by an independent board of trustees.

$61Kprogram expense
03

Initial data collection related to saint vincent and the grenadines in december 2024.

$61Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThisisplace Foundation
EINHdr · item D84-3744867
Principal addressHdr · item CBethesda, MD
WebsiteHdr · item Jwww.placefund.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T05)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Partner for Field Operations
$92,579Pt VII · Sec A
Partner for Programs & Secretary
$56,161Pt VII · Sec A
Director & President
$35,521Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director & Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Frank Pichel’s $93K as Partner for Field Operations is at the 82nd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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

NameFY2024FY2023FY2022FY2021FY2020
Peter Rabley$35,521$196,461$246,606$283,583$330,466
Amy Regas$56,161$67,771$157,096$183,172$170,255
Frank Pichel$92,579$153,701

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$369K · 85%
Other revenue$59K · 14%
Investment income$5K · 1%
Contributions & grants85%$369K
Other revenue14%$59K
Investment income1%$5K
Total revenueLn 12$433K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.40
Program services60%$306K
Management & general40%$206K
Total functional expensesLn 25$512K

Balance Sheet

Part X · end of year
CashLn 1$109K
Total assetsLn 16$137K
Total liabilitiesLn 26$23K
Total net assetsLn 32$114K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $109K · Operating expenses (Pt IX) $512K · Less non-cash grants $16K · Cash operating expenses/yr $496K
2.6 months
Where the money goes
Program services
Program services $306K · Total expenses $512K
60%
Management & General
Management & general $206K · Total expenses $512K
40%
Fundraising
Fundraising $0 · Total expenses $512K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $77K · Solicited contributions (3-yr avg) $1.4M
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $369K · Total revenue $433K
85%
Government reliance
Government grants — · Total revenue $433K
Earned-income share
Program service revenue $0 · Total revenue $433K
0%
Investment reliance
Investment income $5K · Total revenue $433K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $512K
0%
Growth & trend
Revenue growth (YoY)
This year $433K · Prior year $1.1M
-59%
Revenue CAGR
FY2020 $969K · FY2024 $433K
-18%
Net-asset trend (YoY)
End of year $114K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $433K · Expenses $512K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $137K
Net-asset ratio
Net assets $114K · Total assets $137K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $137K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Frank Pichel · Reported title PARTNER FOR FIELD OPERATIONS · Highest reported compensation $93K · Total expenses $512K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $231K · Total expenses $512K
45%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 40%
Fundraising cost ratio 0%
Revenue growth -59%
Legal fee ratio 26%
Accounting fee ratio 3%

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 · FY2024
Total grants receivedfrom 1 funder$25K

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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)$433K revenue · viewing · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$2.9M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$969K 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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