Homeless Childrens Playtime Project Inc
Homeless Childrens Playtime Project maintains strong asset growth despite recent operational deficit.
EIN: 203380456 · Washington, DC · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.9M |
| Transparency Score | 90/100 |
Is Homeless Childrens Playtime Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Homeless Childrens Playtime Project Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Homeless Childrens Playtime Project Inc
Homeless Childrens Playtime Project Inc (EIN: 203380456) is a nonprofit organization based in Washington, DC, classified under NTEE code P99. The organization reported total revenue of $1.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeless Childrens Playtime Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Homeless Childrens Playtime Project Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-281,987 |
| Total Assets | $1.9M |
| Total Liabilities | $76K |
| Net Assets | $1.9M |
| Operating Margin | -25.0% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 16.4 months |
Financial Health Grade: B
In 2023, Homeless Childrens Playtime Project Inc reported a deficit of $282K with expenses exceeding revenue, holds 16.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Homeless Childrens Playtime Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | +8.8% | -16.3% |
| 2022 | -22.9% | +22.5% | +7.2% |
| 2021 | +29.2% | -9.2% | +45.0% |
| 2020 | -1.4% | -6.8% | +17.3% |
| 2019 | +17.6% | +15.4% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Homeless Childrens Playtime Project Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Homeless Childrens Playtime Project Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $282K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with over $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Homeless Childrens Playtime Project Inc's IRS 990 filings:
- Expenses exceeded revenue by $282,000 in the most recent 202312 filing, a significant operational deficit compared to prior years.
Strengths
The following positive indicators were identified for Homeless Childrens Playtime Project Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating a strong focus on mission over executive pay.
- Significant and consistent asset growth over the past decade, from $686,820 in 2014 to $1,929,937 in 2023, demonstrating strong financial stewardship.
- Generally stable financial operations with revenues often exceeding expenses in most years prior to 2023.
- Low liabilities relative to assets, indicating a healthy balance sheet and financial stability.
Frequently Asked Questions about Homeless Childrens Playtime Project Inc
Is Homeless Childrens Playtime Project Inc a legitimate charity?
Homeless Childrens Playtime Project Inc (EIN: 203380456) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Homeless Childrens Playtime Project Inc spend its money?
Homeless Childrens Playtime Project Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Homeless Childrens Playtime Project Inc tax-deductible?
Homeless Childrens Playtime Project Inc is registered as a tax-exempt nonprofit (EIN: 203380456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Homeless Childrens Playtime Project Inc CEO make?
Homeless Childrens Playtime Project Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Homeless Childrens Playtime Project Inc's spending goes to programs?
Homeless Childrens Playtime Project Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Homeless Childrens Playtime Project Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Homeless Childrens Playtime Project Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Homeless Childrens Playtime Project Inc located?
Homeless Childrens Playtime Project Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 203380456. It is classified under NTEE code P99.
How many years of IRS 990 filings does Homeless Childrens Playtime Project Inc have?
Homeless Childrens Playtime Project Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
What caused the significant expense increase and revenue decrease in the 202312 period, leading to a deficit of $282,000?
The provided data shows that in 202312, revenue was $1,129,894 while expenses were $1,411,881. This is a notable shift from previous years where revenue often exceeded expenses or was closely matched. Further investigation into the detailed 990 filing for that period would be needed to understand the specific drivers of this change, such as one-time program expansions, capital expenditures, or a temporary dip in donations.
How does the organization manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization with over $1 million in revenue. This could indicate that the leadership is entirely volunteer, or that compensation for key personnel is categorized differently (e.g., as program staff salaries if they also deliver direct services) and not under 'officer compensation' on the 990. Clarification from the organization would provide more insight into their compensation structure.
What is the organization's strategy for maintaining its strong asset growth?
The organization has shown consistent asset growth, from $686,820 in 2014 to $1,929,937 in 2023. This growth suggests effective financial management and potentially strategic investment or reserve building. Understanding their specific strategies for asset accumulation and utilization would provide insight into their long-term financial planning and sustainability.
Filing History
IRS 990 filing history for Homeless Childrens Playtime Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Homeless Childrens Playtime Project Inc's revenue has grown by 271.2%, moving from $304K to $1.1M. Total assets increased by 903.6% over the same period, from $192K to $1.9M. Total functional expenses rose by 590.5%, from $204K to $1.4M. In its most recent filing year (2023), Homeless Childrens Playtime Project Inc reported a deficit of $282K, with expenses exceeding revenue. The organization holds $76K in liabilities against $1.9M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.4M | $1.9M | $76K | — | — |
| 2022 | $1.3M | $1.3M | $2.3M | $170K | — | — |
| 2021 | $1.7M | $1.1M | $2.2M | $58K | — | View 990 |
| 2020 | $1.3M | $1.2M | $1.5M | $72K | — | — |
| 2019 | $1.4M | $1.3M | $1.3M | $34K | — | View 990 |
| 2018 | $1.2M | $1.1M | $1.2M | $36K | — | View 990 |
| 2017 | $1.2M | $997K | $1.1M | $41K | — | View 990 |
| 2016 | $864K | $882K | $898K | $40K | — | View 990 |
| 2015 | $919K | $772K | $817K | $1K | — | View 990 |
| 2014 | $941K | $697K | $687K | $17K | — | View 990 |
| 2013 | $593K | $455K | $439K | $14K | — | View 990 |
| 2012 | $329K | $289K | $291K | $4K | — | View 990 |
| 2011 | $304K | $204K | $192K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.4M, and assets of $1.9M (revenue -15.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $2.3M (revenue -22.9% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.1M, and assets of $2.2M (revenue +29.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $1.5M (revenue -1.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $1.3M (revenue +17.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue -1.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $997K, and assets of $1.1M (revenue +36.4% year-over-year).
- 2016: Revenue of $864K, expenses of $882K, and assets of $898K (revenue -5.9% year-over-year).
- 2015: Revenue of $919K, expenses of $772K, and assets of $817K (revenue -2.3% year-over-year).
- 2014: Revenue of $941K, expenses of $697K, and assets of $687K (revenue +58.5% year-over-year).
- 2013: Revenue of $593K, expenses of $455K, and assets of $439K (revenue +80.1% year-over-year).
- 2012: Revenue of $329K, expenses of $289K, and assets of $291K (revenue +8.2% year-over-year).
- 2011: Revenue of $304K, expenses of $204K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Homeless Childrens Playtime Project Inc:
Data Sources and Methodology
This transparency report for Homeless Childrens Playtime Project Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.