Quick charity verification for Park Playhouse Inc (EIN: 141717464)
Verdict: Park Playhouse Inc shows mixed signals
55/100Mission Score
$2.1MRevenue
$301KAssets
3Red Flags
2Strengths
Red Flags
Significant and rapidly increasing liabilities, from $0 in 201712 to $749,300 in 202308.
Consistent deficit spending in recent years (e.g., $1,511,398 revenue vs. $1,676,722 expenses in 202308).
Assets ($41,650 in 202308) are significantly lower than liabilities ($749,300 in 202308), indicating a negative net asset position.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive pay from the organization.
Demonstrated ability to generate over $1.5 million in revenue in recent periods (e.g., $1,511,398 in 202308, $1,751,119 in 202208).
Spending Breakdown
How Park Playhouse Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Park Playhouse Inc
Is Park Playhouse Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Playhouse Inc (EIN: 141717464) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is Park Playhouse Inc a good charity to donate to?
Park Playhouse Inc has a Mission Score of 55/100. Revenue: $2.1M. Assets: $301K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Park Playhouse Inc?
The Employer Identification Number (EIN) for Park Playhouse Inc is 141717464. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Park Playhouse Inc spend its money?
Park Playhouse Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Park Playhouse Inc's tax-exempt status?
You can verify Park Playhouse Inc's tax-exempt status using EIN 141717464 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Park Playhouse Inc. demonstrates a fluctuating financial picture with recent filings showing a trend of expenses exceeding revenue, particularly in the 202308 period where expenses were $1,676,722 against revenues of $1,511,398. This has led to a negative net position and a significant increase in liabilities, reaching $749,300 in 202308, far outweighing its assets of $41,650. While the organization has consistently reported 0% officer compensation, which is a positive for transparency regarding executive pay, the overall financial stability appears concerning due to the growing liabilities and negative net assets.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent deficit spending in recent years suggests potential operational inefficiencies or a reliance on future funding that has not yet materialized. The substantial increase in liabilities from $0 in 201712 to $749,300 in 202308 is a significant red flag regarding its long-term financial health and sustainability. The lack of reported officer compensation is a strong point for transparency in that specific area, but the broader financial trends warrant closer scrutiny.