Play Source International Inc
- Assets
- $8.3k
- Revenue
- $39.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 61-1314253
Organization Overview
Play Source International Inc is located in Louisville, KY. The organization was established in 1998. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Play Source International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Play Source International Inc generated $39.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $50.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF HEARTS FOR KENYA IS TO EMPOWER THE OYUGIS COMMUNITY TO ADDRESS THE CRITICAL NEEDS OF POVERTY, HUNGER AND DISEASE THROUGH EDUCATION AND TRAINING PROJECTS. THE CORE VENTURE IS AIMED PRIMARILY AT INCREASING AGRICULTURAL PRODUCTIVITY WITH ANCILLARY PROJECTS INCLUDING BUILDING, NUTRITION, EDUCATION, ASSISTANCE TO ORPHANS AND WIDOWS, HEALTH SERVICES, AND A TREE NURSERY. THE INTENT OF HEARTS FOR KENYA IS TO ENABLE THE LOCAL CITIZENES TO CARRY ON THE PROJECTS AUTONOMOUSLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Willingham President | 0 | $0 | |
Peter Bell Secretary | 0 | $0 | |
Ken Hall Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,170 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,762 |
| Travel, conferences, and meetings | $14,560 |
| Printing and publications | $0 |
| Other expenses | $34,578 |
| Total operating and administrative expenses | $50,900 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $50,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,266 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,266 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |