Playthinks

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813679854 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Playthinks?

Playthinks is a nonprofit organization situated in Chicago, Illinois. With a team of 13 dedicated individuals, their primary mission is to enhance learning experiences for people of all ages and backgrounds. They are committed to this goal through various activities, ultimately aiming to improve education for everyone. The specifics of their programs and initiatives are not provided in the information, but it's clear that Playthinks is dedicated to making learning more accessible and enriching.


Official website here: www.playthinks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)

Playthinks has received a two-star rating, indicating that there is significant room for improvement in its accountability and financial practices. While the organization boasts a fully independent board and an impressive program expense ratio of over 92%, which suggests that most of its funds are allocated to its programs, several critical areas are lacking. Notably, the absence of financial statements, a conflict of interest policy, a whistleblower policy, and a document retention policy has negatively impacted its overall score.

Additionally, Playthinks has demonstrated no material diversion of assets, which is a positive sign regarding integrity and trustworthiness. However, the organization's failure to publish its tax forms on its website raises concerns about transparency and accessibility of information for potential donors and stakeholders. The independent board size is adequate, but the effectiveness of governance could be enhanced with the introduction of standard accountability measures.

Overall, while Playthinks shows strong commitment in certain financial aspects, the lack of essential policies and documentation hinders its rating. Addressing these gaps would significantly improve its standing and make it more appealing to supporters looking for a transparent and accountable nonprofit organization.


This AI summary has been generated from information found on Charity Navigator.

Is Playthinks legitimate?

Playthinks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Playthinks 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: $0
Other Salaries and Wages: $426,548

For more financial information, click here


Official website here: www.playthinks.org

What is the mission statement of Playthinks?

Playthinks, as an organization, is dedicated to enhancing the learning experience for individuals of all ages and backgrounds. Their mission is centered around this goal, aiming to provide a learning environment that is inclusive and catering to diverse experiences. They strive to continuously improve and innovate in the field of education, ensuring that learning remains engaging and effective. Their activities and services are all geared towards this end, providing a holistic learning experience that caters to various learning styles and preferences.


Official website here: www.playthinks.org

Who is the CEO of Playthinks?

Zev Zlatopolsky is the Secretary of Playthinks.


Official website here: www.playthinks.org

What is the revenue of Playthinks?

Playthinks's revenue in 2022 was $768,789.


Official website here: www.playthinks.org

Who are the executives of Playthinks and what are their salaries?

The average compensation at Playthinks during 2022 was $32,811. There are 13 employees and 4 volunteers at Playthinks.


Here are 4 key members and their salaries:


Yitzchok Chakiris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zev Zlatopolsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaya Zlatopolsky (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Falik (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.playthinks.org

Where can I find the form 990 for Playthinks?

Playthinks's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.playthinks.org

Learn more at the official website: www.playthinks.org

Mission Statement of Playthinks

Playthinks, as a organization, is committed to enhancing the learning experience for individuals of all ages and backgrounds. Their mission is centered around this goal, aiming to create an enriching learning environment for everyone. By focusing on this, Playthinks strives to make learning an engaging and enjoyable experience for all, regardless of their age or prior experiences.

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Impact




July, 2024

Playthinks enhances the learning experience for individuals of all ages and backgrounds. By focusing on social research and innovative educational approaches, Playthinks positively impacts the way people engage with learning materials and new knowledge. Through its activities in Chicago, Illinois, Playthinks contributes to a more enriching and effective learning environment for all.




This information is meant to be a general summary of Playthinks. 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.

Revenue
$768,789 (2022)
Expenses
$643,311 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11
  • Program Service Revenue: $265,337
  • Gross Receipts: $768,789

Assets and Liabilities:

  • Total Assets: $421,239
  • Total Liabilities: $3,824
  • Net Assets: $417,415

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$265,337

Organization Details

Founding Year

2016

Principal Officer

Zev Zlatopolsky

Main Address

2800 W NORTH SHORE AVENUE, CHICAGO, IL, 60645

NTEE Category

Code: V00 - Social research

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