Players Ring Company
Players Ring Company experiences recent operating deficits despite growing assets and no officer compensation.
EIN: 20458732 · Portsmouth, NH · NTEE: A650 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $247K |
| Total Expenses | $274K |
| Program Spending | 75% |
| Net Assets | $209K |
| Transparency Score | 70/100 |
Is Players Ring Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Players Ring Company directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Players Ring Company
Players Ring Company (EIN: 20458732) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code A650. The organization reported total revenue of $247K and total assets of $332K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Players Ring Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Players Ring Company is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $274K |
| Surplus / Deficit | $-19,862 |
| Total Assets | $359K |
| Total Liabilities | $150K |
| Net Assets | $209K |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 41.8% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, Players Ring Company reported a deficit of $20K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 41.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Players Ring Company's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.0% | +28.5% | +24.4% |
| 2022 | -23.1% | +66.7% | -5.4% |
| 2021 | +76.5% | +7.3% | +50.5% |
| 2020 | -37.0% | -21.5% | +2.2% |
| 2019 | +26.3% | +28.9% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Players Ring Company with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Players Ring Company allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization of this size and suggests a volunteer-led or very lean operational structure.
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 Players Ring Company's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 and 2022)
- Significant increase in liabilities in 2023 ($150,089 from $59,801 in 2022)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Players Ring Company:
- Consistent asset growth over the past decade (from $54,590 in 2014 to $359,054 in 2023)
- 0% officer compensation reported across all filings, indicating volunteer leadership and low executive overhead
- Clear mission focus (NTEE A650 - Theater)
- Long filing history (13 filings) indicating consistent compliance
Frequently Asked Questions about Players Ring Company
Is Players Ring Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Players Ring Company (EIN: 20458732) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Players Ring Company spend its money?
Players Ring Company directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Players Ring Company tax-deductible?
Players Ring Company is registered as a tax-exempt nonprofit (EIN: 20458732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Players Ring Company's spending goes to programs?
Players Ring Company directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Players Ring Company compare to similar nonprofits?
With a transparency score of 70/100 (Good), Players Ring Company is above average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Players Ring Company located?
Players Ring Company is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20458732. It is classified under NTEE code A650.
How many years of IRS 990 filings does Players Ring Company have?
Players Ring Company 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 $247K in total revenue.
Is Players Ring Company a good charity?
Players Ring Company shows some positive attributes, such as consistent asset growth and 0% officer compensation, which suggests a strong commitment to minimizing overhead. However, recent operating deficits (e.g., $254,158 revenue vs. $274,020 expenses in 2023) raise questions about financial sustainability. A detailed breakdown of program spending versus administrative and fundraising costs would be needed for a more definitive answer.
Why are expenses higher than revenue in recent years?
In 2023, expenses were $274,020 while revenue was $254,158, resulting in a deficit. A similar trend occurred in 2022 with $213,227 in expenses against $165,050 in revenue. This indicates that the organization spent more than it brought in during these periods, potentially drawing from reserves or increasing liabilities, as seen by the rise in liabilities to $150,089 in 2023.
How has the organization's financial stability changed over time?
The organization's assets have grown significantly, from $54,590 in 2014 to $359,054 in 2023, indicating improved long-term financial stability. However, liabilities have also increased, particularly in 2023 to $150,089, which could impact short-term liquidity if not managed effectively.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings means that the organization's top leadership is not receiving salaries from the nonprofit. This is a strong indicator of volunteer leadership and can contribute to lower administrative costs, potentially allowing more funds to be directed towards programs.
Filing History
IRS 990 filing history for Players Ring Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Players Ring Company's revenue has grown by 134.9%, moving from $108K to $254K. Total assets increased by 764.4% over the same period, from $42K to $359K. Total functional expenses rose by 175.8%, from $99K to $274K. In its most recent filing year (2023), Players Ring Company reported a deficit of $20K, with expenses exceeding revenue. The organization holds $150K in liabilities against $359K in assets (debt-to-asset ratio: 41.8%), resulting in net assets of $209K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $254K | $274K | $359K | $150K | — | — |
| 2022 | $165K | $213K | $289K | $60K | — | View 990 |
| 2021 | $215K | $128K | $305K | $28K | — | View 990 |
| 2020 | $122K | $119K | $203K | $12K | — | — |
| 2019 | $193K | $152K | $199K | $11K | — | View 990 |
| 2018 | $153K | $118K | $188K | $42K | — | View 990 |
| 2017 | $133K | $111K | $121K | $8K | — | View 990 |
| 2016 | $143K | $108K | $104K | $14K | — | View 990 |
| 2015 | $153K | $141K | $74K | $19K | — | View 990 |
| 2014 | $134K | $145K | $55K | $12K | — | View 990 |
| 2013 | $115K | $102K | $57K | $3K | — | View 990 |
| 2012 | $115K | $111K | $46K | $5K | — | View 990 |
| 2011 | $108K | $99K | $42K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $254K, expenses of $274K, and assets of $359K (revenue +54.0% year-over-year).
- 2022: Revenue of $165K, expenses of $213K, and assets of $289K (revenue -23.1% year-over-year).
- 2021: Revenue of $215K, expenses of $128K, and assets of $305K (revenue +76.5% year-over-year).
- 2020: Revenue of $122K, expenses of $119K, and assets of $203K (revenue -37.0% year-over-year).
- 2019: Revenue of $193K, expenses of $152K, and assets of $199K (revenue +26.3% year-over-year).
- 2018: Revenue of $153K, expenses of $118K, and assets of $188K (revenue +14.5% year-over-year).
- 2017: Revenue of $133K, expenses of $111K, and assets of $121K (revenue -6.6% year-over-year).
- 2016: Revenue of $143K, expenses of $108K, and assets of $104K (revenue -6.6% year-over-year).
- 2015: Revenue of $153K, expenses of $141K, and assets of $74K (revenue +14.1% year-over-year).
- 2014: Revenue of $134K, expenses of $145K, and assets of $55K (revenue +16.4% year-over-year).
- 2013: Revenue of $115K, expenses of $102K, and assets of $57K (revenue +0.2% year-over-year).
- 2012: Revenue of $115K, expenses of $111K, and assets of $46K (revenue +6.3% year-over-year).
- 2011: Revenue of $108K, expenses of $99K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Players Ring Company:
Data Sources and Methodology
This transparency report for Players Ring Company 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.