Pinball Edu INC EIN 47-2840921 Form 990 (PDF) Claim this org

Pinball Edu INC

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Uses pinball and gaming to enrich, develop skills, and educate kids and young adults. For fiscal year 2024 it reported $154K in revenue, $403K in expenses, and $-98K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Frederick, MD
Website
www.pinball-edu.org
Filings
5 on file (2020–2024)
Revenue
$154KFY2024
Expenses
$403K
Net assets
$-98K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-2840921 Public charity (501(c)(3)) Frederick, MD
Form 990 (PDF)
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Size
$100K–1M
What they do
Uses pinball and gaming to enrich, develop skills, and educate kids and young adults.
Leadership
Joe Said · Executive Di · $20K
Money in and out
$154K revenue, $403K expenses
Bottom line
78% program efficiency
Where the money goes · FY2024
Total revenue
$154K
Pt VIII · Ln 12
Total expenses
$403K
Pt IX · Ln 25
Net assets
$-98K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$248K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.15 Fundraising $0.07
Program efficiency
78%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▼ -94% vs prior filing year
Surplus margin
-161%
revenue over expenses, this year▼ -707% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$154K
FY2024▼ -81%
Expenses
$403K
FY2024▼ -32%
Total assets
$393K
FY2024▲ +2%
Total liabilities
$491K
FY2024▲ +141%
Total revenue
$154K
Pt VIII · Ln 12
Total expenses
$403K
Pt IX · Ln 25
Net assets
$-98K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$248K
Total assetsPt X · Ln 16$393K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPinball Edu INC
EINHdr · item D47-2840921
Principal addressHdr · item CFrederick, MD
WebsiteHdr · item Jwww.pinball-edu.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A57)
Ruling yearIRS BMFApr 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$20,192Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A

Joe Said’s $20K as Executive Di is at the 15th percentile of top reported officer pay among 2213 $100K–1M arts & culture 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 · 1 named individual · Part VII

NameFY2024FY2023
Joe Said$20,192$72,116

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

2 program services account for $313K of program spending, described in the organization's own filed words · FY2024.
01

Operate an inclusive arcade facility called "spinners" that's open to the general public, schools, educators, caregivers, and other service providers for kids & adults with special needs.

$313Kprogram expense
02

Participate in local and national events to promote and educate the public on the use of pinball & other gaming for the social enrichment, skill development and education of kids and young adults

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$137K · 89%
Contributions & grants$19K · 12%
Program service revenue89%$137K
Contributions & grants12%$19K
Total revenueLn 12$154K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.15 Fundraising $0.07
Program services78%$313K
Management & general15%$61K
Fundraising7%$29K
Total functional expensesLn 25$403K

Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$393K
Total liabilitiesLn 26$491K
Total net assetsLn 32$-98K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5K · Operating expenses/yr $403K
0.2 months
Where the money goes
Program services
Program services $313K · Total expenses $403K
78%
Management & General
Management & general $61K · Total expenses $403K
15%
Fundraising
Fundraising $29K · Total expenses $403K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $11K · Solicited contributions (3-yr avg) $35K
$0.31 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $19K · Total revenue $154K
12%
Government reliance
Government grants — · Total revenue $154K
Earned-income share
Program service revenue $137K · Total revenue $154K
89%
Investment reliance
Investment income $-2K · Total revenue $154K
-1%
Program self-sufficiency
Program service revenue $137K · Total expenses $403K
34%
Growth & trend
Revenue growth (YoY)
This year $154K · Prior year $811K
-81%
Net-asset trend (YoY)
End of year $-98K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $154K · Expenses $403K
-161%
Liabilities-to-Assets
Total liabilities — · Total assets $393K
Net-asset ratio
Net assets $-98K · Total assets $393K
-25%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $393K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joe Said · Reported title EXECUTIVE DI · Highest reported compensation $20K · Total expenses $403K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $211K · Total expenses $403K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 15%
Fundraising cost ratio 155%
Revenue growth -81%
Accounting fee ratio 5%

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 · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$10K

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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 (Latest)$154K revenue · viewing · ⤓ 990 PDF
FY2023$811K revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF
FY2020$0 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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