Park Place Corporation
EIN: 630955214 · Birmingham, AL · NTEE: L21Z
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $86K |
| Net Assets | $10K |
Is Park Place Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Park Place Corporation
Park Place Corporation (EIN: 630955214) is a nonprofit organization based in Birmingham, AL, classified under NTEE code L21Z. The organization reported total revenue of $107K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Place Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Place Corporation is a small nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $86K |
| Surplus / Deficit | +$16K |
| Total Assets | $162K |
| Total Liabilities | $153K |
| Net Assets | $10K |
| Operating Margin | 15.4% |
| Debt-to-Asset Ratio | 94.0% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2024, Park Place Corporation reported a surplus of $16K with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 94.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Park Place Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.4% | +11.7% | -11.0% |
| 2023 | +10.1% | +6.8% | -0.5% |
| 2022 | +0.6% | -11.3% | +18.1% |
| 2021 | -3.4% | +7.7% | -2.3% |
| 2020 | +1.1% | -18.2% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Park Place Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Park Place Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 94.0%.
Frequently Asked Questions about Park Place Corporation
Is Park Place Corporation a legitimate charity?
Park Place Corporation (EIN: 630955214) is a registered tax-exempt nonprofit based in Alabama. It has 14 years of IRS 990 filings on record. Total revenue: $107K. No red flags identified. Financial health grade: A.
How does Park Place Corporation spend its money?
Park Place Corporation reported $107K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Park Place Corporation tax-deductible?
Park Place Corporation is registered as a tax-exempt nonprofit (EIN: 630955214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Park Place Corporation located?
Park Place Corporation is headquartered in Birmingham, Alabama and files with the IRS under EIN 630955214. It is classified under NTEE code L21Z.
How many years of IRS 990 filings does Park Place Corporation have?
Park Place Corporation has 14 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 $107K in total revenue.
Filing History
IRS 990 filing history for Park Place Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Park Place Corporation's revenue has grown by 25.4%, moving from $81K to $102K. Total assets decreased by 31.2% over the same period, from $236K to $162K. Total functional expenses rose by 1.4%, from $85K to $86K. In its most recent filing year (2024), Park Place Corporation reported a surplus of $16K, with revenue exceeding expenses. The organization holds $153K in liabilities against $162K in assets (debt-to-asset ratio: 94.0%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $102K | $86K | $162K | $153K | — | — |
| 2023 | $99K | $77K | $182K | $189K | — | View 990 |
| 2022 | $90K | $72K | $183K | $211K | — | View 990 |
| 2021 | $89K | $82K | $155K | $201K | — | — |
| 2020 | $92K | $76K | $159K | $212K | — | — |
| 2019 | $91K | $93K | $159K | $229K | — | View 990 |
| 2018 | $89K | $97K | $189K | $257K | — | View 990 |
| 2017 | $89K | $95K | $177K | $238K | — | View 990 |
| 2016 | $86K | $92K | $203K | $257K | — | View 990 |
| 2015 | $82K | $107K | $199K | $247K | — | View 990 |
| 2014 | $84K | $92K | $207K | $231K | — | View 990 |
| 2013 | $83K | $85K | $214K | $229K | — | View 990 |
| 2012 | $82K | $89K | $223K | $236K | — | View 990 |
| 2011 | $81K | $85K | $236K | $242K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $102K, expenses of $86K, and assets of $162K (revenue +3.4% year-over-year).
- 2023: Revenue of $99K, expenses of $77K, and assets of $182K (revenue +10.1% year-over-year).
- 2022: Revenue of $90K, expenses of $72K, and assets of $183K (revenue +0.6% year-over-year).
- 2021: Revenue of $89K, expenses of $82K, and assets of $155K (revenue -3.4% year-over-year).
- 2020: Revenue of $92K, expenses of $76K, and assets of $159K (revenue +1.1% year-over-year).
- 2019: Revenue of $91K, expenses of $93K, and assets of $159K (revenue +2.0% year-over-year).
- 2018: Revenue of $89K, expenses of $97K, and assets of $189K (revenue +0.5% year-over-year).
- 2017: Revenue of $89K, expenses of $95K, and assets of $177K (revenue +3.7% year-over-year).
- 2016: Revenue of $86K, expenses of $92K, and assets of $203K (revenue +4.5% year-over-year).
- 2015: Revenue of $82K, expenses of $107K, and assets of $199K (revenue -2.2% year-over-year).
- 2014: Revenue of $84K, expenses of $92K, and assets of $207K (revenue +1.6% year-over-year).
- 2013: Revenue of $83K, expenses of $85K, and assets of $214K (revenue +0.9% year-over-year).
- 2012: Revenue of $82K, expenses of $89K, and assets of $223K (revenue +0.7% year-over-year).
- 2011: Revenue of $81K, expenses of $85K, and assets of $236K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Place Corporation:
Data Sources and Methodology
This transparency report for Park Place Corporation 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.