Better Business Bureau Report for
Project PLASE, Inc.

Better Business Bureau Report issued October 2008
Better Business Bureau Report expires October 2010


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Project PLASE, Inc.
Address: 1814 Maryland Ave
  Baltimore, MD 21201
Phone: 410-837-1400
Web Address: www.projectplase.org
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Better Business Bureau Comments

Year, State Incorporated: 1974, Maryland
Affiliates: None
Stated Purpose: To eliminate homelessness

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Evaluation Conclusions

              

Project PLASE, Inc. (Project PLASE) meets the 20 Standards for Charity Accountability.
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Programs

              

Project Plase, Inc. addresses homelessness by providing transitional housing, permanent housing, and supportive services to homeless adults. We serve the most vulnerable and underserved, including persons with mental illness, HIV/AIDS, addiction, developmental disabilities, and ex-offenders, etc. We treat, restore and rehabilitate the whole person. We empower each individual to function at the highest level possible.

For the fiscal year ended June 30, 2007, Project PLASE's program expenses were:

  
Transitional and Emergency Housing 1,484,175
Permanent Housing - Shelter + Care 988,763
Permanent Housing Outreach $ Nursing Services 432,088
Single Room Occupancy 120,474
Other Permanent Housing 107,306
Total Program Expenses: $3,132,806
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Governance

              

Chief Executive : Mary Slicher, Executive Director
Compensation*: 
$68,900

Chair of the Board: Dr. Gregory W. Branch
Chair's Profession / Business Affiliation: Medical Director

Board Size: 8

Paid Staff Size: 56

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, grant proposals
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $3,476,494, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Project PLASE's audited financial statements for the fiscal year ended June 30, 2007.

Source of Funds  
Federal Support 3,004,452
Contributions 272,441
State and other 199,601
Rental Income 76,672
Total Income $3,553,166


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: 3%  Administrative: 8% 

Total income $3,553,166
Program expenses $3,132,806
Fund raising expenses 90,637
Administrative expenses 285,966
Total expenses $3,509,409
Income in Excess of Expenses 43,757
Beginning net assets 2,326,701
Ending net assets 2,370,458
Total liabilities 646,169
Total assets $3,016,627


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