St Thomas More Play Group Inc
St Thomas More Play Group Inc shows consistent revenue, significant asset growth, and no reported officer compensation.
EIN: 20589687 · New York, NY · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is St Thomas More Play Group Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Thomas More Play Group Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Thomas More Play Group Inc
St Thomas More Play Group Inc (EIN: 20589687) is a nonprofit organization based in New York, NY, classified under NTEE code B90. The organization reported total revenue of $4.5M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Thomas More Play Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Thomas More Play Group Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$405K |
| Total Assets | $5.3M |
| Total Liabilities | $4.0M |
| Net Assets | $1.4M |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 74.3% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, St Thomas More Play Group Inc reported a surplus of $405K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 74.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Thomas More Play Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | +1.2% | +94.3% |
| 2022 | +1.8% | +5.5% | +26.8% |
| 2021 | -12.7% | -7.9% | -10.2% |
| 2020 | +6.7% | +4.4% | +53.5% |
| 2019 | +6.4% | -1.5% | +67.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 St Thomas More Play Group 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: 85%
- fundraising: 5%
According to IRS 990 filings, St Thomas More Play Group Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $405K, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a strong commitment to directing financial resources entirely towards its programs and operations, rather than executive remuneration, which is commendable for an organization of its size with over $4 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.
Strengths
The following positive indicators were identified for St Thomas More Play Group Inc:
- Consistent revenue generation, averaging over $3.6 million annually.
- Significant asset growth, from $886,891 in 2017 to $5,812,508 currently, demonstrating financial stability.
- Zero reported officer compensation across all filings, indicating a strong commitment to mission-focused spending.
- Expenses consistently below revenue in recent years, allowing for surplus and asset accumulation (e.g., 2023 revenue $3,906,559 vs. expenses $3,501,223).
Frequently Asked Questions about St Thomas More Play Group Inc
Is St Thomas More Play Group Inc a legitimate charity?
St Thomas More Play Group Inc (EIN: 20589687) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.5M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does St Thomas More Play Group Inc spend its money?
St Thomas More Play Group Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to St Thomas More Play Group Inc tax-deductible?
St Thomas More Play Group Inc is registered as a tax-exempt nonprofit (EIN: 20589687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Thomas More Play Group Inc CEO make?
St Thomas More Play Group Inc's highest-compensated officer earns $4 annually. The organization reported $4.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Thomas More Play Group Inc's spending goes to programs?
St Thomas More Play Group Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Thomas More Play Group Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), St Thomas More Play Group Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Thomas More Play Group Inc located?
St Thomas More Play Group Inc is headquartered in New York, New York and files with the IRS under EIN 20589687. It is classified under NTEE code B90.
How many years of IRS 990 filings does St Thomas More Play Group Inc have?
St Thomas More Play Group 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 $4.5M in total revenue.
Is St Thomas More Play Group Inc a good charity?
Based on the available IRS 990 data, St Thomas More Play Group Inc appears to be a well-managed organization. It consistently generates more revenue than expenses, has shown significant asset growth from $886,891 in 2017 to $5,812,508 currently, and reports 0% officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly. Assets have grown substantially from $886,891 in 2017 to $5,812,508 in 2023, while revenue has remained stable or increased, consistently exceeding expenses in most recent years. This indicates a healthy accumulation of resources and sound financial management.
What is the trend in the organization's liabilities?
Liabilities have generally increased over the past few years, from $1,765,499 in 2018 to $3,963,177 in 2023. While this is a notable increase, the organization's assets have grown at a faster rate, ensuring that assets comfortably cover liabilities.
Filing History
IRS 990 filing history for St Thomas More Play Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Thomas More Play Group Inc's revenue has grown by 32.5%, moving from $2.9M to $3.9M. Total assets increased by 167.8% over the same period, from $2.0M to $5.3M. Total functional expenses rose by 21.8%, from $2.9M to $3.5M. In its most recent filing year (2023), St Thomas More Play Group Inc reported a surplus of $405K, with revenue exceeding expenses. The organization holds $4.0M in liabilities against $5.3M in assets (debt-to-asset ratio: 74.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.5M | $5.3M | $4.0M | — | View 990 |
| 2022 | $3.7M | $3.5M | $2.7M | $1.8M | — | View 990 |
| 2021 | $3.7M | $3.3M | $2.2M | $1.5M | — | View 990 |
| 2020 | $4.2M | $3.6M | $2.4M | $2.1M | — | View 990 |
| 2019 | $3.9M | $3.4M | $1.6M | $1.9M | — | View 990 |
| 2018 | $3.7M | $3.5M | $940K | $1.8M | — | View 990 |
| 2017 | $3.2M | $3.8M | $887K | $1.9M | — | View 990 |
| 2016 | $3.4M | $3.6M | $1.0M | $1.5M | — | View 990 |
| 2015 | $3.4M | $3.9M | $1.2M | $1.5M | — | View 990 |
| 2014 | $3.7M | $3.9M | $1.8M | $1.6M | — | View 990 |
| 2013 | $3.3M | $3.5M | $2.0M | $1.5M | — | View 990 |
| 2012 | $3.4M | $3.2M | $2.2M | $1.6M | — | View 990 |
| 2011 | $2.9M | $2.9M | $2.0M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.5M, and assets of $5.3M (revenue +4.8% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.5M, and assets of $2.7M (revenue +1.8% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.3M, and assets of $2.2M (revenue -12.7% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.6M, and assets of $2.4M (revenue +6.7% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.4M, and assets of $1.6M (revenue +6.4% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.5M, and assets of $940K (revenue +14.6% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.8M, and assets of $887K (revenue -5.0% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.6M, and assets of $1.0M (revenue -0.5% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.9M, and assets of $1.2M (revenue -8.1% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.9M, and assets of $1.8M (revenue +12.5% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.5M, and assets of $2.0M (revenue -4.2% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.2M, and assets of $2.2M (revenue +16.8% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.9M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Thomas More Play Group Inc:
Data Sources and Methodology
This transparency report for St Thomas More Play Group 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.