Playsmart Inc
- Assets
- $112.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- St Petersburg, FL
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 52-2111995
Organization Overview
Playsmart Inc is located in St Petersburg, FL. The organization was established in 1999. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Playsmart Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Playsmart Inc generated $118.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $69.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PLAYSMART HAS POSITIVELY IMPACTED THE LIVES OF THOUSANDSOF CHILDREN THROUGHOUT THE UNITED STATES. WE DO THISPRIMARILY THROUGH OUR PLAYSMART ACADEMIES, WHICH AREWEEK-LONG CAMPS HELD IN THE SUMMERTIME THAT PROVIDE EXCEPTIONALATHLETIC, LEADERSHIP, MENTORSHIP AND ACADEMIC TRAINING FOR OURATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Wright Chairman/co-Founder | 10 | $0 | |
Kevin Kavanagh Treasurer | 5 | $0 | |
Joseph Baker Director | 2 | $0 | |
Derek Leathers Director | 5 | $0 | |
Frank Ille Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,495 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$20,784 |
| Other Revenue | $2,923 |
| Total Revenue | $118,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,686 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,921 |
| Total expenses | $69,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,137 |
| Other assets | $0 |
| Total assets | $112,187 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,187 |
Grants Awarded
Over the last fiscal year, Playsmart Inc has awarded $10,670 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEXT LEVEL CAMPS LLC PURPOSE: 14 CAMP SESSIONS | $5,670 |
RAY AND JOAN KROC CORPS COMMUNITY CENTER PURPOSE: OPERATIONAL SUPPORT | $5,000 |