Play360 Inc
EIN: 273715896 · Bloomington, IN · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $123K |
| Net Assets | $34K |
Is Play360 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Play360 Inc
Play360 Inc (EIN: 273715896) is a nonprofit organization based in Bloomington, IN, classified under NTEE code P20. The organization reported total revenue of $115K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Play360 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Play360 Inc is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $123K |
| Surplus / Deficit | +$4K |
| Total Assets | $34K |
| Total Liabilities | $500 |
| Net Assets | $34K |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Play360 Inc reported a surplus of $4K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Play360 Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.9% | +29.1% | +14.0% |
| 2022 | +38.3% | +33.9% | -39.5% |
| 2021 | +267.4% | +141.3% | -23.4% |
| 2020 | -84.8% | -36.1% | -18.2% |
| 2019 | +37.9% | -5.5% | +199.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Play360 Inc 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 Play360 Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Play360 Inc
Is Play360 Inc a legitimate charity?
Play360 Inc (EIN: 273715896) is a registered tax-exempt nonprofit based in Indiana. It has 6 years of IRS 990 filings on record. Total revenue: $115K. No red flags identified. Financial health grade: A.
How does Play360 Inc spend its money?
Play360 Inc reported $115K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Play360 Inc tax-deductible?
Play360 Inc is registered as a tax-exempt nonprofit (EIN: 273715896). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Play360 Inc located?
Play360 Inc is headquartered in Bloomington, Indiana and files with the IRS under EIN 273715896. It is classified under NTEE code P20.
How many years of IRS 990 filings does Play360 Inc have?
Play360 Inc has 6 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 $115K in total revenue.
Filing History
IRS 990 filing history for Play360 Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Play360 Inc's revenue has grown by 76.5%, moving from $72K to $126K. Total assets increased by 29.4% over the same period, from $26K to $34K. Total functional expenses rose by 151.7%, from $49K to $123K. In its most recent filing year (2023), Play360 Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $500 in liabilities against $34K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $123K | $34K | $500 | — | View 990 |
| 2022 | $76K | $95K | $30K | $0 | — | View 990 |
| 2021 | $55K | $71K | $50K | $731 | — | View 990 |
| 2020 | $15K | $29K | $65K | $0 | — | — |
| 2019 | $99K | $46K | $79K | $0 | — | View 990 |
| 2018 | $72K | $49K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $123K, and assets of $34K (revenue +65.9% year-over-year).
- 2022: Revenue of $76K, expenses of $95K, and assets of $30K (revenue +38.3% year-over-year).
- 2021: Revenue of $55K, expenses of $71K, and assets of $50K (revenue +267.4% year-over-year).
- 2020: Revenue of $15K, expenses of $29K, and assets of $65K (revenue -84.8% year-over-year).
- 2019: Revenue of $99K, expenses of $46K, and assets of $79K (revenue +37.9% year-over-year).
- 2018: Revenue of $72K, expenses of $49K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Play360 Inc:
Data Sources and Methodology
This transparency report for Play360 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.