Powerplay Nyc INC EIN 13-4045021 Form 990 (PDF) Claim this org

Powerplay Nyc INC

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Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Empowers girls through sports to build physical, emotional, and academic strength. For fiscal year 2024 it reported $2.1M in revenue, $2.6M in expenses, and $138K in net assets.Pt I

Founded
1998
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
New York, NY
Website
www.powerplaynyc.org
Filings
5 on file (2020–2024)
Revenue
$2.1MFY2024
Expenses
$2.6M
Net assets
$138K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-4045021 Public charity (501(c)(3)) New York, NY Founded 1998
Form 990 (PDF)
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Figures match the IRS filing checked 9/3/26 · see original: IRS
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Size
$1–10M
What they do
Empowers girls through sports to build physical, emotional, and academic strength.
Leadership
Nicole Mussenden · President & CEO · $196K
Money in and out
$2.1M revenue, $2.6M expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$2.1M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$454K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.08 Fundraising $0.12
Program efficiency
80%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
1.2mo
months of highly liquid reserves at operating expense rate▼ -52% vs prior filing year
Surplus margin
-21%
revenue over expenses, this year▼ -1635% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.1M
FY2024▲ +1%
Expenses
$2.6M
FY2024▲ +21%
Total assets
$434K
FY2024▼ -52%
Total liabilities
$296K
FY2024▼ -7%
Revenue less expensesPt I · Ln 19−$454K
Total assetsPt X · Ln 16$434K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPowerplay Nyc INC
EINHdr · item D13-4045021
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.powerplaynyc.org
Year of formationHdr · item L1998
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N60)
Ruling yearIRS BMFMar 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$195,552Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Founder & Past President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nicole Mussenden’s $196K as President & CEO is at the 82nd percentile of top reported officer pay among 1842 $1–10M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Nicole Mussenden$195,552$192,985$175,200$79,295
Vivian Santora$102,404$179,749$186,296

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.9M of program spending, described in the organization's own filed words · FY2024.
01

Our work focuses on girls and young women living in low-income communities who are among nyc's most vulnerable populations. Powerplay programming is offered in title 1-FUNDED public schools in all five boroughs of nyc. At full capacity, powerplay serves over 1,000 youth in 30 sites across nyc.

$1.1Mprogram expense
02

Powerplay nyc advances the lives of girls (ages 5-18) through sports, helping them grow physically, emotionally and academically stronger. Stars citywide girls initiative (stars cgi) is a collaborative of ten leading nyc nonprofits that support girls and young women of color overcome barriers to success; grow physically, emotionally and…

$492Kprogram expense
03

Powerplay nyc advances the lives of girls (ages 5-18) through sports, helping them grow physically, emotionally and academically stronger. The stars series after school program empowers elementary and middle school girls by engaging them in a variety of sports and activities to develop their social and emotional and learning (sel)…

$311Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants109%$2.3M
Investment income$3
— government grantsLn 1e$1.8M
Total revenueLn 12$2.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.08 Fundraising $0.12
Program services80%$2.1M
Management & general8%$214K
Fundraising12%$305K
Total functional expensesLn 25$2.6M

Balance Sheet

Part X · end of year
CashLn 1$255K
Total assetsLn 16$434K
Total liabilitiesLn 26$296K
Total net assetsLn 32$138K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $255K · Operating expenses (Pt IX) $2.6M · Less non-cash grants $77K · Cash operating expenses/yr $2.5M
1.2 months
Where the money goes
Program services
Program services $2.1M · Total expenses $2.6M
80%
Management & General
Management & general $214K · Total expenses $2.6M
8%
Fundraising
Fundraising $305K · Total expenses $2.6M
12%
Cost to raise $1
Fundraising expense (3-yr avg) $280K · Solicited contributions (3-yr avg) $663K
$0.42 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.3M · Total revenue $2.1M
109%
Government reliance
Government grants $1.8M · Total revenue $2.1M
82%
Earned-income share
Program service revenue $0 · Total revenue $2.1M
0%
Investment reliance
Investment income $3 · Total revenue $2.1M
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.6M
0%
Growth & trend
Revenue growth (YoY)
This year $2.1M · Prior year $2.1M
+1%
Revenue CAGR
FY2019 $2.1M · FY2024 $2.1M
+0.2%
Net-asset trend (YoY)
End of year $138K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.1M · Expenses $2.6M
-21%
Liabilities-to-Assets
Total liabilities — · Total assets $434K
Net-asset ratio
Net assets $138K · Total assets $434K
32%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $434K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nicole Mussenden · Reported title PRESIDENT & CEO · Highest reported compensation $196K · Total expenses $2.6M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.4M · Total expenses $2.6M
55%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $116K · Gross raised $474K
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 8%
Fundraising cost ratio 13%
Revenue growth 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 12 grants · $3.1M · 2019–2024
Platinum Edge Tutoring LLCFY2024$348,465
Breaking the Cycle Consulting Services LLCFY2024$28,125
Creative Connections LLCFY2024$19,890
Platinum Edge Tutoring LLCFY2023$284,613
Breaking the Cycle Consulting Services LlFY2023$30,000
Creative Connections LLCFY2023$18,427
Platinum Edge Tutoring LLCFY2022$364,689
Creative Connections LLCFY2022$93,630
Triad Consulting StrategiesFY2022$80,000
New York Edge INCNY · FY2021$627,065
New York Edge INCNY · FY2020$620,929
New York Edge INCNY · FY2019$608,422

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$2.1M revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$2.3M revenue · ⤓ 990 PDF
FY2021$2.2M revenue · ⤓ 990 PDF
FY2020$2.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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