LEARN & PLAY INC TA PLAY & LEARN

EIN: 232192153 501(c)(3) Human Services

FORT WASHINGTON, PA

Total Revenue
$13,932,428
Total Expenses
$12,158,901
Total Assets
$28,324,359
Net Assets
$21,917,463
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
PA
Principal Officer
GERALD SCHATZ
Phone
2156434142
Tax Period
2022-07-01 to 2023-06-30

LEARN & PLAY INC TA PLAY & LEARN, founded in 1980, is a mid-sized nonprofit in the Human Services sector that reported $13.9M in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. Expenses of $12.2M left a modest 13% surplus.

Mission

THE ORGANIZATION PROVIDES CHILDCARE SERVICES AND ACTIVITIES TO STUDENTS RANGING IN AGE FROM... THE ORGANIZATION PROVIDES CHILDCARE SERVICES AND ACTIVITIES TO STUDENTS RANGING IN AGE FROM INFANT TO AGE 6. PROVIDING ACTIVITIES IN AN EDUCATIONAL AND SOCIAL ENVIRONMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,973,947
Program Service Revenue $11,170,995
Investment Income $496,499
Other Revenue $290,987
TOTAL REVENUE $13,932,428

Expense Breakdown

Grants Paid $118,509
Salaries & Benefits $9,047,826
Fundraising Expenses $0
Program Expenses $9,452,147
Other Expenses $2,992,566
TOTAL EXPENSES $12,158,901

Year-over-Year Comparison

2022 2021 Change
Revenue $13,932,428 $14,820,671 -0.1%
Expenses $12,158,901 $10,810,903 +0.1%
Net Income $1,773,527 $4,009,768 -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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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
8
Independent Members
7
Employees
264
Volunteers
33

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
$297,327
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG SCHOENBERG CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
GERALD SCHATZ PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURA DICONDINA BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL SCHWARTZ BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGETTE PINILLOS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK NAGATA BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID SCHATZ BOARD MEMBER 1.00
Director
$0 $0 $0
JUDITH COOPER BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA SCHATZ SECRETARY 1.00
Officer
$0 $0 $0
KIMBERLY FOLLETT CHIEF EXECUTIVE OFFICER 40.00
Officer
$147,424 $9,059 $156,483
DONNA WEBER CHIEF FINANCIAL OFFICER 36.00
Officer
$136,804 $4,040 $140,844
MELANIE GODHANIA CHIEF OPERATING OFFICER 40.00
Highest
$123,035 $9,344 $132,379
KIMBERLY KRAFT CONTROLLER 40.00
Highest
$105,892 $3,176 $109,068
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $13,932,428 $12,158,901 $28,324,359 $1,773,527
2022 $14,820,671 $10,810,903 $20,832,603 $4,009,768
2021 $14,001,464 $9,646,765 $20,169,763 $4,354,699
2020 $11,684,527 $11,757,990 $15,482,379 $-73,463
2019 $12,973,379 $12,207,395 $14,846,152 $765,984
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