Overview
What is The Play Equity Fund?
The Play Equity Fund is a nonprofit organization situated in Los Angeles, California. With a dedicated team of six individuals, their mission is to advocate for mental health through movement and sports. They strive to make these transformative experiences accessible to all children, irrespective of their racial, gender, geographical, or socio-economic backgrounds. The organization supports educators and programs that promote this cause, aiming to ensure equality in access to these beneficial activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Play Equity Fund has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial management. The charity's overall score is primarily based on a 92% Accountability & Finance score, indicating effective stewardship of resources. The organization demonstrates a high level of transparency and governance, with an independent board and robust financial practices.
Strengths of The Play Equity Fund include a high program expense ratio of 91.24%, showcasing its commitment to funding programs that align with its mission. Additionally, the charity exhibits excellent fundraising efficiency, spending only $0.03 to raise each dollar, which indicates a strong ability to maximize donor contributions. The absence of any material diversion of assets further enhances its reputation for integrity.
Despite these strengths, the summary does not highlight any specific limitations or concerns regarding the organization. Overall, The Play Equity Fund stands out as a responsible nonprofit with a clear focus on its mission and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is The Play Equity Fund legitimate?
The Play Equity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Play Equity Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $15,000
Other Salaries and Wages: $388,783
For more financial information, click here
What is the mission statement of The Play Equity Fund?
The Play Equity Fund's mission is centered around equipping children, irrespective of their racial, gender, geographical, or socio-economic backgrounds, with the transformative advantages of sports and play. Their primary objective is to ensure that these fundamental activities are accessible to all, fostering personal growth and development. The organization supports educators and programs that advocate for mental health through movement and sports, playing a pivotal role in promoting holistic well-being among children.
What is the revenue of The Play Equity Fund?
The Play Equity Fund's revenue in 2023 was $1,177,865.
Who are the executives of The Play Equity Fund and what are their salaries?
The average compensation at The Play Equity Fund during 2023 was $64,797. There are 6 employees and 12 volunteers at The Play Equity Fund.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $438,212
- Other: $68,193
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- Compensation: $0
- Related: $210,207
- Other: $42,304
- Compensation: $159,601
- Related: $0
- Other: $10,897
- Compensation: $104,045
- Related: $0
- Other: $9,077
Where can I find the form 990 for The Play Equity Fund?
The Play Equity Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Play Equity Fund
The Play Equity Fund is committed to a mission that aims to bring the transformative power of sports and play to all children, irrespective of their racial, gender, geographical, or socio-economic backgrounds. By supporting educators and programs that advocate for mental health through movement and sports, this organization seeks to ensure that every child has an equal opportunity to benefit from the positive impacts of play and sports. The Play Equity Fund's objective is to break down the barriers that often limit access to these experiences, ultimately promoting inclusivity and equality in the world of sports and play.
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Impact
July, 2024
The Play Equity Fund positively impacts children by providing access to the transformative power of sport and play regardless of their race, gender, zip code, or socio-economic status. They support educators and programs that advocate for mental health through movement and sport in Los Angeles, CA. Their mission is to ensure that all children have equal opportunities to benefit from the positive effects of physical activity and play.
This information is meant to be a general summary of The Play Equity Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8,056
- Gross Receipts: $1,179,980
Assets and Liabilities:
- Total Assets: $8,091,209
- Total Liabilities: $949,171
- Net Assets: $7,142,038
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Organization Details
Founding Year
2014
Principal Officer
Renata Simril
NTEE Category
Code: B28 - Education
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