Is Project Play School Incorporated Legit?…

Quick charity verification for Project Play School Incorporated (EIN: 202466103)

Spending Breakdown

How Project Play School Incorporated allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Project Play School Incorporated

Is Project Play School Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Project Play School Incorporated (EIN: 202466103) appears trustworthy. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.

Is Project Play School Incorporated a good charity to donate to?

Project Play School Incorporated has a Mission Score of 70/100. Revenue: $697K. Assets: $66K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Project Play School Incorporated?

The Employer Identification Number (EIN) for Project Play School Incorporated is 202466103. 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 Project Play School Incorporated spend its money?

Project Play School Incorporated allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Project Play School Incorporated's tax-exempt status?

You can verify Project Play School Incorporated's tax-exempt status using EIN 202466103 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

Project Play School Incorporated demonstrates inconsistent financial performance over the past decade, with significant fluctuations in revenue and expenses. While the organization has generally maintained a positive asset position, the latest filing (202306) shows expenses exceeding revenue by over $90,000, leading to a decrease in assets from $119,981 in 202206 to $28,790. This trend of operating at a deficit, as seen in 202306, 202106, 201806, 201506, and 201406, raises concerns about long-term financial stability if not addressed. The absence of reported liabilities in most recent years is a positive indicator, suggesting a lack of significant debt burden.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, contributing to a perception of efficiency in this area. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency is challenging. The significant drop in assets from $119,981 in 202206 to $28,790 in 202306 warrants further investigation to understand the underlying causes and their impact on the organization's operational capacity.

Overall, Project Play School Incorporated appears to be a lean operation, particularly given the lack of reported officer compensation. However, the recent financial deficit and substantial reduction in assets highlight a need for improved financial management to ensure sustainability. A deeper dive into their program activities and how they manage their expenses would provide a more complete picture of their operational efficiency and impact.

Is Project Play School Incorporated Legit?

Verdict: Project Play School Incorporated appears trustworthy

Red Flags

Strengths