The Children's Playhouse Inc

EIN: 270065653 501(c)(3) Youth Development

Boone, NC

Total Revenue
$284,853
Total Expenses
$268,583
Total Assets
$530,236
Net Assets
$519,176
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NC
Principal Officer
Kathy Parham
Phone
8282630011
Tax Period
2023-07-01 to 2024-06-30

The Children's Playhouse Inc, founded in 2003, is a small nonprofit in the Youth Development sector that reported $285K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $269K left a modest 6% surplus.

Mission

To provide children from birth to age eight with enriching, educational play experiences while offering their parents and caregivers friendly support in the important job of raising children.

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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 (2023)

Revenue Breakdown

Contributions & Grants $144,487
Program Service Revenue $136,503
Investment Income $3,863
Other Revenue $0
TOTAL REVENUE $284,853

Expense Breakdown

Grants Paid $0
Salaries & Benefits $185,984
Fundraising Expenses $3,066
Program Expenses $178,882
Other Expenses $82,599
TOTAL EXPENSES $268,583

Year-over-Year Comparison

2023 2022 Change
Revenue $284,853 $339,864 -0.2%
Expenses $268,583 $217,640 +0.2%
Net Income $16,270 $122,224 -0.9%
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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Governance

Voting Members
13
Independent Members
13
Employees
21
Volunteers
42

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
6
$102,216
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathy Parham Executive Director 30.00
Officer
$57,345 $0 $57,345
Rachel Capen Blackburn Board Member 1.00
Director
$0 $0 $0
Molly Doppel Board Member 1.00
Director
$0 $0 $0
Judy Goodwin-Rosenberg Treasurer 3.00
Officer
$0 $0 $0
Sherry Street-Tobin President 3.00
Officer
$0 $0 $0
Sheena Hopkins Board Member 1.00
Director
$0 $0 $0
Ellen Lewis Director of Visitor Services 40.00
Officer
$44,871 $0 $44,871
Julia Larson Board Member 1.00
Director
$0 $0 $0
Christine Nishiyama Board Member 1.00
Director
$0 $0 $0
Carrie Street Secretary 1.00
Officer Director
$0 $0 $0
Seth Sullivan Board Member 1.00
Director
$0 $0 $0
Sarah Northington Vice President 1.00
Officer
$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
2025 No data No data No data No data
2024 $284,853 $268,583 $530,236 $16,270
2023 $339,864 $217,640 $505,167 $122,224
2022 $228,364 $195,765 $377,987 $32,599
2021 $283,763 $145,697 $354,859 $138,066
2020 $246,445 $213,757 $199,779 $32,688
2019 $229,122 $173,213 $177,941 $55,909
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