PLAYGROUND FOUNDATION

EIN: 923545682 501(c)(3) Arts, Culture & Humanities

RENO, NV

Total Revenue
$682,290
Total Expenses
$440,293
Total Assets
$223,008
Net Assets
$223,467
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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
2023
Legal Domicile
NV
Principal Officer
MICHAEL FAIBISCH
Phone
4153054269
Tax Period
2025-01-01 to 2025-12-31

PLAYGROUND FOUNDATION, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $682K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $242K, a strong 35% operating margin.

Mission

PLAYGROUND IS ABOUT RESPECT; RESPECT TO THE MUSIC AND RESPECT TO EACH OTHER.

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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 (2025)

Revenue Breakdown

Contributions & Grants $682,290
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $682,290

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $440,293
TOTAL EXPENSES $440,293

Year-over-Year Comparison

2025 2024 Change
Revenue $682,290 $735,131 -0.1%
Expenses $440,293 $659,606 -0.3%
Net Income $241,997 $75,525 +2.2%
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
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$50,000
Total Directors
0
$0
Key Employees
1
$50,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL FAIBISCH PRESIDENT 25.00
Officer Key Emp
$50,000 $0 $50,000
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 $682,290 $440,293 $223,008 $241,997
2024 No data No data No data No data
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