Civic Intelligence

Play School Inc.

990 • Fiscal year 2022 • EIN 85-0547372

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 16, 2023

2005 N Swinton AveDelray Beach, FL 33444

(860) 940-4521

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

72nd percentile

21%

Higher net margin than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$38,953

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

91st percentile

93%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

30%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$81,191

Up $39,131 (+93%) from 2021

Net Assets

Up

$81,191

Up $39,131 (+93%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$191,652

Up $44,771 (+30%) from 2021

Expenses

Up

$150,735

Up $45,914 (+44%) from 2021

Net Income

Down

$40,917

Down $1,143 (-2.7%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2021: $42,060Liabilities 2021: $0Net Assets 2021: $42,0602021Assets 2022: $81,191Liabilities 2022: $0Net Assets 2022: $81,1912022Assets 2023: $198,801Liabilities 2023: $8,107Net Assets 2023: $190,6942023Assets 2024: $185,195Liabilities 2024: $254Net Assets 2024: $184,9412024Assets 2025: $94,966Liabilities 2025: $167Net Assets 2025: $94,7992025

Highlighted filing

2022

Assets$81,191
Liabilities$0
Net Assets$81,191

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2021: $146,881Expenses 2021: $104,821Net Income 2021: $42,0602021Revenue 2022: $191,652Expenses 2022: $150,735Net Income 2022: $40,9172022Revenue 2023: $318,491Expenses 2023: $208,258Net Income 2023: $110,2332023Revenue 2024: $218,741Expenses 2024: $224,593Net Income 2024: -$5,8522024Revenue 2025: $101,044Expenses 2025: $191,186Net Income 2025: -$90,1422025

Highlighted filing

2022

Revenue$191,652
Expenses$150,735
Net Income$40,917
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 16, 2023
Return Version
2021v4.2
Gross Receipts
$191,652
Mission and Program Overview

Mission

Preschool serving ages 3-5 to create a vibrant community of play, literacy and arts for young learners and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,060$81,191▲ $39,131
Total Assets$42,060$81,191▲ $39,131
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$42,060$80,461▲ $38,401
Net Assets With Donor Restrictions-$730-
Total Net Assets Fund Balance$42,060$81,191▲ $39,131
Total Liabilities and Net Assets / Fund Balance$42,060$81,191▲ $39,131
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anastasia ChandlerExecutive DirectorFT$38,953$38,953
Megan BaraldiDevelopment DirectorFT$25,803$25,803

Board Members and Trustees

NameTitle
Lorianne PorcelainBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$41,935
Program Service Revenue
$149,717
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,367
Change in Net Assets
$40,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$119,070
Other Expenses$31,665
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,757$15,000-$64,757
Other Salaries and Wages$43,863--$43,863
Occupancy$11,162--$11,162
Payroll Taxes$8,364$1,264-$9,628
Insurance$4,235--$4,235
Fees for Services Accounting-$3,050-$3,050
Fees for Services Other$1,934--$1,934
Office Expenses$936--$936
Other Employee Benefits$822--$822
Advertising$733--$733
Other Expenses$247--$247
Total Functional Expenses$131,421$19,314$0$150,735
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

One of the teachers employed by the organization is the mother of the executive director. This information was disclosed to the organization prior to employment.america debeckemployed on sept 4, 2020 to present

Governing body meeting documentation Part VI line 8A

The details of the formal meetings are recorded in minutes and such meetings happen three times in the fiscal year.

Committee meeting documentation Part VI line 8B

The details of the formal meetings are recorded in minutes and such meetings happen three times in the fiscal year.

Form 990 governing body review Part VI line 11

A copy of the tax return was first sent to all officers for review. Any changes or additions were put into the tax return prior to filing the final version.

Conflict of interest policy compliance Part VI line 12C

The organization has in place a conflict of interest policy that should such thing arise, they will disclose and address such issue.

CEO executive director top management comp Part VI line 15A

Compensation of officers are researched and compared to what is the current rate is in the same position.

Other officer or key employee compensation Part VI line 15B

Compensation for other officers and key employees were researched and compared against the rate in the market being paid to others in the same position, organization, and capacity.

Governing documents etc available to public Part VI line 19

The governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Play School Inc
EIN
85-0547372
Address
2005 N SWINTON AVE, DELRAY BEACH, FL 33444

Signing Officer

Name
Megan Baraldi
Title
Devt Director
Phone
8609404521
Signed
2023-01-16
Discuss with paid preparer
Yes

Organization Details

Formed
2020
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
7
Volunteers
30

Preparer

Firm
Marie Karimpanal CPA Pa
Address
1551 FORUM PLACE STE 300D, West Palm Beach, FL 33401
Preparer
Marie Karimpanal
Phone
5612751747
Supplemental Narrative

Additional Explanations

General explanation attachment

Achievements cont.: because part of our mission is to also build the community around the child, we offered parent trainings throughout the year such as kindergarten information night with guest representatives from local schools, raising a reader literacy workshop, vpk information night with representatives from the early learning coalition, tech talk to teach about safely using technology with your young learner, as well as a parent first aid/cpr class that we did with our community partner, icert cpr. We held both a fall and spring community outreach event a trunk or treat event in october and a dr. Suess literacy celebration in march. Through fundraising and donations, we were able to provide 2 partial scholarships for our three year old program. -continued on next page - achievements cont. Part 2: children got the opportunity to perform in a thanksgiving and holiday concert. In may, we closed the year with a mothers day tea, vpk graduation performance, and a wacky water day for the kids to kick off summer.

Raw XML Appendix321 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0WE MAINTAINED OUR CHILDCARE LICENSE WITH THE DEPARTMENT OF HEALTH, AS WELL AS OUR CONTRACT WITH THE EARLY LEARNING COALITION OF PALM BEACH COUNTY TO TEACH VPK. THIS YEAR, WE SERVED 31 FOUR YEAR OLDS AND 18 THREE YEAR OLDS. CURRICULUM FOR THESE PROGRAMS INCLUDED KINDERGARTEN READINESS STANDARDS LIKE LITERACY, EMERGENT WRITING, MATHEMATICS CONCEPTS, STEM EXPERIMENTS, FINE AND GROSS MOTOR DEVELOPMENT, PROBLEM SOLVING, AS WELL AS SOCIAL/EMOTIONAL DEVELOPMENT WITH CONSCIOUS DISCIPLINE. CHILDREN ENGAGED IN LEARNING THROUGH HANDS-ON METHODS, PARTICULARLY THROUGH ART, MUSIC AND MOVEMENT. WE CONDUCTED DEVELOPMENT ASSESSMENTS AS WELL AS PARENT CONFERENCES AT THE BEGINNING AND END OF THE SCHOOL YEAR. WE HAD VISITS FROM FIREFIGHTERS, POLICE OFFICERS, GUEST READERS FROM THE COMMUNITY, AS WELL AS TWO IN-HOUSE FIELD TRIPS-- A PETTING FARM FOR THE 3 YEAR OLDS AND A REPTILE SHOW FOR THE VPK. -CONTINUED ON ATTACHED SUPPLEMENTAL STATEMENT-
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONE OF THE TEACHERS EMPLOYED BY THE ORGANIZATION IS THE MOTHER OF THE EXECUTIVE DIRECTOR. THIS INFORMATION WAS DISCLOSED TO THE ORGANIZATION PRIOR TO EMPLOYMENT.AMERICA DEBECKEMPLOYED ON SEPT 4, 2020 TO PRESENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DETAILS OF THE FORMAL MEETINGS ARE RECORDED IN MINUTES AND SUCH MEETINGS HAPPEN THREE TIMES IN THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DETAILS OF THE FORMAL MEETINGS ARE RECORDED IN MINUTES AND SUCH MEETINGS HAPPEN THREE TIMES IN THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE TAX RETURN WAS FIRST SENT TO ALL OFFICERS FOR REVIEW. ANY CHANGES OR ADDITIONS WERE PUT INTO THE TAX RETURN PRIOR TO FILING THE FINAL VERSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT SHOULD SUCH THING ARISE, THEY WILL DISCLOSE AND ADDRESS SUCH ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF OFFICERS ARE RESEARCHED AND COMPARED TO WHAT IS THE CURRENT RATE IS IN THE SAME POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES WERE RESEARCHED AND COMPARED AGAINST THE RATE IN THE MARKET BEING PAID TO OTHERS IN THE SAME POSITION, ORGANIZATION, AND CAPACITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACHIEVEMENTS CONT.: BECAUSE PART OF OUR MISSION IS TO ALSO BUILD THE COMMUNITY AROUND THE CHILD, WE OFFERED PARENT TRAININGS THROUGHOUT THE YEAR SUCH AS KINDERGARTEN INFORMATION NIGHT WITH GUEST REPRESENTATIVES FROM LOCAL SCHOOLS, RAISING A READER LITERACY WORKSHOP, VPK INFORMATION NIGHT WITH REPRESENTATIVES FROM THE EARLY LEARNING COALITION, TECH TALK TO TEACH ABOUT SAFELY USING TECHNOLOGY WITH YOUR YOUNG LEARNER, AS WELL AS A PARENT FIRST AID/CPR CLASS THAT WE DID WITH OUR COMMUNITY PARTNER, ICERT CPR. WE HELD BOTH A FALL AND SPRING COMMUNITY OUTREACH EVENT A TRUNK OR TREAT EVENT IN OCTOBER AND A DR. SUESS LITERACY CELEBRATION IN MARCH. THROUGH FUNDRAISING AND DONATIONS, WE WERE ABLE TO PROVIDE 2 PARTIAL SCHOLARSHIPS FOR OUR THREE YEAR OLD PROGRAM. -CONTINUED ON NEXT PAGE - ACHIEVEMENTS CONT. PART 2: CHILDREN GOT THE OPPORTUNITY TO PERFORM IN A THANKSGIVING AND HOLIDAY CONCERT. IN MAY, WE CLOSED THE YEAR WITH A MOTHERS DAY TEA, VPK GRADUATION PERFORMANCE, AND A WACKY WATER DAY FOR THE KIDS TO KICK OFF SUMMER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8General explanation attachment
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019314
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0131421
IRS990/TotalFunctionalExpensesGrp/TotalAmt0150735
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt042060
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt081191
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0131421
IRS990/TotalProgramServiceRevenueAmt0149717
IRS990/TotalReportableCompFromOrgAmt064756
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0149717
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0191652
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt042060
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt081191
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0THEPLAYSCHOOLPBC.ORG
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGAN BARALDI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DEVT DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08609404521
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLAY SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0PLAY
ReturnHeader/Filer/EIN0850547372
ReturnHeader/Filer/USAddress/AddressLine1Txt02005 N SWINTON AVE
ReturnHeader/Filer/USAddress/CityNm0DELRAY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033444
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271880035
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARIE KARIMPANAL CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01551 FORUM PLACE STE 300D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Palm Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033401
ReturnHeader/PreparerPersonGrp/PhoneNum05612751747
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARIE KARIMPANAL
ReturnHeader/ReturnTs02023-01-16T11:54:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MEGAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARALDI
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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