Playmates INC

Tax-deductible

San Francisco, CA501(c)(3)EducationEIN 94-1257781Revenue $488K in FY2025

On file with the IRSplaymatespreschool.org2340 42nd Ave, 94116-2103 · San Francisco, CATax-exempt since Jul 1951School — 170(b)(1)(A)(ii)

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Playmates is a safe, nurturing, diverse community of families and staff working together to foster a play-based program of creative, social, physical, emotional and cognitive development for our children.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 105 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $32K a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$80K
to officers and key staff · 18% of spending
Top officer’s pay higher than 72% of similar orgs
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$43K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$488K
-12% vs prior year
Spent
$454K
To programs
91%
Net assets
$866K
By yearFY2021–FY2025
Revenue
$488K
FY2025▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2021$407K
FY2022$486K
FY2023$546K
FY2024$557K
FY2025$488K
Expenses
$454K
FY2025▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2021$442K
FY2022$416K
FY2023$465K
FY2024$547K
FY2025$454K
Net assets
$866K
FY2025▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2021$637K
FY2022$692K
FY2023$730K
FY2024$764K
FY2025$866K

From the FY2025 Form 990 (year ending June 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1951.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $411K Management & general 9% · $42K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $80K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$80,360Pt VII · Sec A
$0Pt VII · Sec A
Ps President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Fundraising Chr
$0Pt VII · Sec A
Membership Chr
$0Pt VII · Sec A
Design & Comm
$0Pt VII · Sec A

Laurel Ade’s $80K as Executive Dir. is at the 72nd percentile of top reported officer pay among 1613 $100K–1M education 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Laurel Ade$80,360$68,110———
Jarrod Rondeau————$79,605
Sumer Schulze—$52,288$74,375$62,438—

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters children's development through a play-based program in a safe, nurturing community.

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Provided by the organization

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1 program · $411K · in their own filed words · FY2024
01

PRESCHOOL/KINDERGARTEN morning & afternoon sessions 5 DAYS/WEEK, 12 MO/YEAR for approximately 90 children. Parents of children benefit by learning to assist in operating the school & improving parenting skills

$411Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$488K
Ln 12
Fees for servicesLn 2g$424K
Other incomeLn 4–11$35K
Investment incomeLn 3$15K
Money outPt IX
$454K
Ln 25
Programscol B$411K
Managementcol C$42K
Owns and owesPt X
$866K
net assets · Ln 32
Cash and savingsLn 1–2$105K
Total assetsLn 16$908K
LiabilitiesLn 26$43K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$13K
Fees for servicesLn 2g$424K
Investment incomeLn 3$15K
Other incomeLn 4–11$35K
Gains on assetsLn 7$0
Total revenueLn 12$488K
Assets in detailPt X, end of year
CashLn 1$75K
SavingsLn 2$30K
Cash and savings togetherLn 1–2$105K
InvestmentsLn 11–13$800K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$908K
LiabilitiesLn 26$43K
Net assetsLn 32$866K
OperationsPt I, VI
EmployeesI 59
VolunteersI 6105
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$63K$105K
InvestmentsLn 11–13$733K$800K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$803K$908K
LiabilitiesLn 26$39K$43K
Net assetsLn 32$764K$866K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$80K$80K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$220K$220K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$7K$7K
Payroll taxesLn 10$36K$36K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$700$700
Advertising and promotionLn 12$0
Office expensesLn 13$296$296
Information technologyLn 14$2K$2K
RoyaltiesLn 15$0
OccupancyLn 16$48K$48K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$35K$10K$25K
All other expensesLn 24e$14K$11K$4K
Total functional expensesLn 25$454K$411K$42K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $488K$454K$34K$866K 990 PDF
FY2024 $557K$547K$9K$764K 990 PDF
FY2023 $546K$465K$81K$730K 990 PDF
FY2022 $486K$416K$70K$692K 990 PDF
FY2021 $407K$442K−$35K$637K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $487,861 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,477$13,234
I-9 Program service revenuePrior year $438,057$424,353
I-10 Investment incomePrior year $84,176$15,451
I-11 Other revenuePrior year $29,877$34,823
I-12 Total revenuePrior year $556,587$487,861
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $423,207$342,980
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $123,977$110,627
I-18 Total expensesPrior year $547,184$453,607
I-19 Revenue less expensesPrior year $9,403$34,254
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $487,861 across 9 lines filed
VIII-1f All other contributions, gifts and grants$13,234
VIII-1h Total contributions, gifts and grants$13,234
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $424,353$424,353
VIII-3 Investment incomeRelated to mission $15,451$15,451
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$34,823
VIII-12 Total revenueRelated to mission $439,804$487,861
Part IX · Statement of functional expenses $453,607 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $80,360$80,360
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $220,142$220,142
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $6,837$6,837
IX-10 Payroll taxesPrograms $35,641$35,641
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $3,750$3,750
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $700$700
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $296$296
IX-14 Information technologyManagement $1,568$1,568
IX-15 Royalties$0
IX-16 OccupancyPrograms $47,575$47,575
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $7,209$7,209
IX-24 Other expenses (24a–d)Programs $10,330 · Management $25,015$35,345
IX-24e All other expensesPrograms $10,529 · Management $3,655$14,184
IX-25 Total functional expensesPrograms $411,414 · Management $42,193 · Fundraising $0$453,607
Part X · Balance sheet $908,199 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $49,382$75,433
X-2 Savings and temporary cash investmentsStart of year $13,518$29,859
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $7,019$2,459
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investmentsStart of year $733,347$800,448
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $803,266$908,199
X-25 Other liabilitiesStart of year $37,542$42,574
X-26 Total liabilitiesStart of year $38,792$42,574
X-27 Net assets without donor restrictionsStart of year $764,474$865,625
X-32 Total net assets or fund balancesStart of year $764,474$865,625
X-33 Total liabilities and net assetsStart of year $803,266$908,199
Part XI · Reconciliation of net assets $865,625 net assets at year end
XI-1 Total revenue$487,861
XI-2 Total expenses$453,607
XI-3 Revenue less expenses$34,254
XI-4 Net assets at start of year$764,474
XI-5 Net unrealized gains (losses) on investments$67,100
XI-9 Other changes in net assets−$203
XI-10 Net assets at end of year$865,625

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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