Playlab Education Inc (EIN 932978957) - 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

2023

Legal Domicile

Principal Officer

Ian Serlin

Phone

4157549563

Tax Period

2024-01-01 to 2024-12-31

Playlab Education Inc, founded in 2023, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 394% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 57% operating margin.

Mission

Playlab Education's mission is to empower educators and institutions to create customized AI tools tailored to their unique contexts, fostering global collaboration by enabling shared learning and adaptation across communities. The Organization is devoted to creating a future where educators and students around the world have the agency to not just use AI, but to shape it, on their terms as part of a global community working to improve education.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,368,784

Program Service Revenue $500,100

Investment Income $7,408

Other Revenue $0

TOTAL REVENUE $3,876,292

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,005,770

Fundraising Expenses $0

Program Expenses $1,333,912

Other Expenses $679,343

TOTAL EXPENSES $1,685,113

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,876,292	$784,121	+3.9%
Expenses	$1,685,113	$108,076	+14.6%
Net Income	$2,191,179	$676,045	+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

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

$412,221

Total Directors

$412,221

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ian Serlin	President	40.00	Officer Director	$215,000	$0	$215,000
Yusuf Ahmad	Treasurer	40.00	Officer Director	$197,221	$0	$197,221
Ariam Mogos	Secretary	0.25	Officer Director	$0	$0	$0
Dave Levin	Director	2.50	Director	$0	$0	$0
KIm Smith	Director	2.50	Director	$0	$0	$0
Sherry Lachman	Director	0.25	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	No data	No data	No data	No data
2024	$3,876,292	$1,685,113	$2,883,495	$2,191,179
2023	$745,039	$108,076	$644,493	$636,963

Playlab Education Inc