Platt Park Childrens Center
EIN: 462150531 · Denver, CO · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $375K |
| Total Expenses | $329K |
| Net Assets | $259K |
Is Platt Park Childrens Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Platt Park Childrens Center
Platt Park Childrens Center (EIN: 462150531) is a nonprofit organization based in Denver, CO, classified under NTEE code B24. The organization reported total revenue of $375K and total assets of $293K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Platt Park Childrens Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Platt Park Childrens Center is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $374K |
| Total Expenses | $329K |
| Surplus / Deficit | +$45K |
| Total Assets | $293K |
| Total Liabilities | $35K |
| Net Assets | $259K |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2024, Platt Park Childrens Center reported a surplus of $45K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 11 years of filings (2014–2024), Platt Park Childrens Center's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.4% | +10.9% | +19.3% |
| 2023 | +36.5% | -2.7% | +66.4% |
| 2022 | +3.5% | +6.6% | -13.2% |
| 2021 | +5.2% | -1.5% | -6.4% |
| 2020 | -21.3% | -6.9% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Platt Park Childrens Center 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 Platt Park Childrens Center 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 $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.8%.
Frequently Asked Questions about Platt Park Childrens Center
Is Platt Park Childrens Center a legitimate charity?
Platt Park Childrens Center (EIN: 462150531) is a registered tax-exempt nonprofit based in Colorado. It has 11 years of IRS 990 filings on record. Total revenue: $375K. No red flags identified. Financial health grade: A.
How does Platt Park Childrens Center spend its money?
Platt Park Childrens Center reported $375K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Platt Park Childrens Center tax-deductible?
Platt Park Childrens Center is registered as a tax-exempt nonprofit (EIN: 462150531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Platt Park Childrens Center located?
Platt Park Childrens Center is headquartered in Denver, Colorado and files with the IRS under EIN 462150531. It is classified under NTEE code B24.
How many years of IRS 990 filings does Platt Park Childrens Center have?
Platt Park Childrens Center has 11 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 $375K in total revenue.
Filing History
IRS 990 filing history for Platt Park Childrens Center showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Platt Park Childrens Center's revenue has grown by 32.4%, moving from $283K to $374K. Total assets increased by 285.2% over the same period, from $76K to $293K. Total functional expenses rose by 39.9%, from $235K to $329K. In its most recent filing year (2024), Platt Park Childrens Center reported a surplus of $45K, with revenue exceeding expenses. The organization holds $35K in liabilities against $293K in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $259K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $374K | $329K | $293K | $35K | — | — |
| 2023 | $391K | $297K | $246K | $32K | — | — |
| 2022 | $287K | $305K | $148K | $28K | — | View 990 |
| 2021 | $277K | $286K | $170K | $32K | — | View 990 |
| 2020 | $263K | $290K | $182K | $35K | — | View 990 |
| 2019 | $334K | $312K | $206K | $31K | — | View 990 |
| 2018 | $323K | $310K | $186K | $34K | — | View 990 |
| 2017 | $330K | $289K | $172K | $32K | — | View 990 |
| 2016 | $300K | $294K | $128K | $30K | — | View 990 |
| 2015 | $299K | $254K | $121K | $29K | — | View 990 |
| 2014 | $283K | $235K | $76K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $374K, expenses of $329K, and assets of $293K (revenue -4.4% year-over-year).
- 2023: Revenue of $391K, expenses of $297K, and assets of $246K (revenue +36.5% year-over-year).
- 2022: Revenue of $287K, expenses of $305K, and assets of $148K (revenue +3.5% year-over-year).
- 2021: Revenue of $277K, expenses of $286K, and assets of $170K (revenue +5.2% year-over-year).
- 2020: Revenue of $263K, expenses of $290K, and assets of $182K (revenue -21.3% year-over-year).
- 2019: Revenue of $334K, expenses of $312K, and assets of $206K (revenue +3.5% year-over-year).
- 2018: Revenue of $323K, expenses of $310K, and assets of $186K (revenue -2.1% year-over-year).
- 2017: Revenue of $330K, expenses of $289K, and assets of $172K (revenue +10.1% year-over-year).
- 2016: Revenue of $300K, expenses of $294K, and assets of $128K (revenue +0.4% year-over-year).
- 2015: Revenue of $299K, expenses of $254K, and assets of $121K (revenue +5.7% year-over-year).
- 2014: Revenue of $283K, expenses of $235K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Platt Park Childrens Center:
Data Sources and Methodology
This transparency report for Platt Park Childrens Center 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.