PlayThrive (EIN 474502385) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

Xiao Luo

Phone

6507611168

Tax Period

2023-07-01 to 2024-06-30

PlayThrive, founded in 2015, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $294K, a strong 25% operating margin.

Mission

To promote whole child education in a Mandarin bilingual 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $86,137

Program Service Revenue $1,102,670

Investment Income $2,780

Other Revenue $0

TOTAL REVENUE $1,191,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $712,037

Fundraising Expenses $0

Program Expenses $814,855

Other Expenses $185,697

TOTAL EXPENSES $897,734

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,191,587	$953,088	+0.3%
Expenses	$897,734	$748,422	+0.2%
Net Income	$293,853	$204,666	+0.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$85,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Xiao Luo	Head of School	40.00	Officer	$79,065	$6,931	$85,996
Thilo Hanemann	Treasurer	2.00	Officer Director	$0	$0	$0
Rodney Leach	Director	2.00	Director	$0	$0	$0
Christina Hsu	President	2.00	Officer Director	$0	$0	$0
Katherine Black	Secretary	2.00	Officer Director	$0	$0	$0
Hana Ma	Director	2.00	Director	$0	$0	$0
Loren Cheung	Director	2.00	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
2025	No data	No data	No data	No data
2024	$1,191,587	$897,734	$726,615	$293,853
2023	$953,088	$748,422	$431,706	$204,666
2022	$586,946	$526,848	$212,201	$60,098
2021	$300,587	$338,530	$141,139	$-37,943
2020	$387,361	$324,268	$177,257	$63,093
2019	$334,964	$289,317	$114,934	$45,647
2018	$203,978	$169,875	$70,233	$34,103

PlayThrive