SMITH MEMORIAL PLAYGROUND & PLAYHOUSE INC

EIN: 231353547 501(c)(3) Recreation & Sports

PHILADELPHIA, PA

Total Revenue
$1,604,553
Total Expenses
$1,267,271
Total Assets
$2,378,560
Net Assets
$1,662,988
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
PA
Principal Officer
FRANCES HOOVER
Phone
2157654325
Tax Period
2024-01-01 to 2024-12-31

SMITH MEMORIAL PLAYGROUND & PLAYHOUSE INC, founded in 2003, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $337K, a strong 21% operating margin.

Mission

SMITH MEMORIAL PLAYGROUND AND PLAYHOUSE, LOCATED IN EAST FAIRMOUNT PARK, HAS BEEN A TREASURED DESTINATION FOR OVER 100 YEARS. ITS MISSION IS TO PROVIDE AND PROMOTE OPPORTUNITIES FOR UNSTRUCTURED FREE PLAY FOR CHILDREN. SMITH CONTRIBUTES TO THE DEVELOPMENT OF HEALTHY CHILDREN, STRONG FAMILIES, AND SAGE COMMUNITIES BY: 1) MAINTAINING A PROUD TRADITION FOR FREE FAMILY ADMISSION; 2) PARTNERING WITH COMMUNITY-BASED ORGANIZATIONS TO REACH A DIVERSE AUDIENCE; AND 3) ADVOCATING FOR THE IMPORTANCE OF PLAY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,398,742
Program Service Revenue $193,511
Investment Income $7,940
Other Revenue $4,360
TOTAL REVENUE $1,604,553

Expense Breakdown

Grants Paid $0
Salaries & Benefits $672,199
Fundraising Expenses $167,714
Program Expenses $803,293
Other Expenses $595,072
TOTAL EXPENSES $1,267,271

Year-over-Year Comparison

2024 2023 Change
Revenue $1,604,553 $2,253,989 -0.3%
Expenses $1,267,271 $1,437,323 -0.1%
Net Income $337,282 $816,666 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
29
Volunteers
650

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$144,812
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCES HOOVER EXECUTIVE DI 40.00
Officer
$140,632 $4,180 $144,812
KATHY E OCHROCH PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDRE WEBB VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ERIK SENDEL TREASURER 1.00
Officer Director
$0 $0 $0
GIULIANO APADULA SECRETARY 1.00
Officer Director
$0 $0 $0
BLAIR BODEK BOARD MEMBER 1.00
Director
$0 $0 $0
LISA BROWNE BOARD MEMBER 1.00
Director
$0 $0 $0
CELESTE COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
NAN FEYLER BOARD MEMBER 1.00
Director
$0 $0 $0
KIMBERLY GARRISON BOARD MEMBER 1.00
Director
$0 $0 $0
SOFIA GINZBURG PHD BOARD MEMBER 1.00
Director
$0 $0 $0
ROSELLA HARVEY BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA KLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
TIA MATHISEN BOARD MEMBER 1.00
Director
$0 $0 $0
LIBBY PETERS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN POLK BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY PRIMIS-MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
NEDIA RALSTON BOARD MEMBER 1.00
Director
$0 $0 $0
JAMIE UNKEFER BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA WARREN BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN WIELGUS BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,604,553 $1,267,271 $2,378,560 $337,282
2023 $2,253,989 $1,437,323 $2,059,655 $816,666
2022 $1,242,198 $1,129,426 $1,597,952 $112,772
2021 $1,180,108 $1,660,379 $1,191,513 $-480,271
2020 $2,183,901 $789,935 $5,854,318 $1,393,966
2019 $1,604,829 $1,289,074 $3,118,423 $315,755
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