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Nonprofiteer
← THE PLAY EQUITY FUND

Form 990 for tax year 2024

Filed by THE PLAY EQUITY FUND.

Totals

Total revenue
$7,411,080
Total expenses
$2,555,072
Contributions and grants received
$7,378,858
Grants paid
$1,157,499
Program service revenue
$0
Investment income
$26,783
Other revenue
$5,439
Total assets, end of year
$11,034,646
Total liabilities, end of year
$393,148
Net assets or fund balances, end of year
$10,641,498
Program services expenses (Part IX)
$2,238,132
Management and general expenses
$226,653
Fundraising expenses
$90,287
Program service expenses (Part III)
$2,238,132

Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $521,283

  • 1d · Related organizations

    $500,000

  • 1e · Government grants (contributions)

    $50,000

  • 1f · All other contributions, gifts and grants

    $6,307,575

  • 1g · Noncash contributions included above

    $210,100

  • 3 · Investment income

    total $26,783 · excluded $26,783

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $521,283

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: OTHER INCOME

    total $5,439 · excluded $5,439

  • 11e · Other revenue, total

    $5,439

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,157,499 · program services $1,157,499

  • 7 · Other salaries and wages

    total $226,141 · program services $192,708 · management and general $33,079 · fundraising $354

  • 8 · Pension plan contributions

    total $1,442 · program services $1,229 · management and general $211 · fundraising $2

  • 9 · Other employee benefits

    total $23,306 · program services $19,860 · management and general $3,409 · fundraising $37

  • 10 · Payroll taxes

    total $15,619 · program services $13,310 · management and general $2,285 · fundraising $24

  • 11b · Fees: legal

    total $19,572 · management and general $19,572

  • 11c · Fees: accounting

    total $81,044 · management and general $81,044

  • 11g · Fees: other

    total $203,769 · program services $117,140 · management and general $19,530 · fundraising $67,099

  • 12 · Advertising and promotion

    total $252,800 · program services $252,800

  • 13 · Office expenses

    total $160,207 · program services $146,105 · management and general $14,102

  • 14 · Information technology

    total $27,796 · management and general $7,250 · fundraising $20,546

  • 17 · Travel

    total $41,962 · program services $39,425 · management and general $2,537

  • 19 · Conferences, conventions and meetings

    total $54,324 · program services $18,993 · management and general $35,331

  • 23 · Insurance

    total $8,278 · management and general $8,278

  • 24a · Other expenses: PROGRAM CONTRACTORS

    total $222,225 · program services $220,000 · fundraising $2,225

  • 24b · Other expenses: EQUIPMENT

    total $59,050 · program services $59,050

  • 24c · Other expenses: MEMBERSHIP, LICENSES, F

    total $38 · program services $13 · management and general $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,886,001 · end of year $9,252,905

  • 2 · Savings and temporary cash investments

    end of year $171,418

  • 3 · Pledges and grants receivable

    beginning of year $1,190,029 · end of year $1,095,835

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,497 · end of year $14,488

  • 11 · Investments: publicly traded securities

    beginning of year $10,405

  • 15 · Other assets

    beginning of year $42,218 · end of year $500,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $99,128 · end of year $60,724

  • 18 · Grants payable

    beginning of year $258,532 · end of year $95,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $237,424

  • 27 · Net assets without donor restrictions

    beginning of year $2,534,728 · end of year $7,046,737

  • 28 · Net assets with donor restrictions

    beginning of year $3,250,762 · end of year $3,594,761

Mission and programs · 2024

Mission

BRINGING THE TRANSFORMATIONAL POWER OF SPORT AND PLAY TO ALL CHILDREN, REGARDLESS OF THEIR RACE, GENDER, ZIP CODE OR SOCIO-ECONOMIC STATUS.

Activities or mission (Part I)

THE PLAY EQUITY FUND IS FOCUSED ON BRINGING THE TRANSFORMATIONAL POWER OF SPORT AND PLAY TO ALL CHILDREN, REGARDLESS OF THEIR RACE, GENDER, ZIP CODE OR SOCIO-ECONOMIC STATUS.

  • SUPPORT PROGRAMS THAT ADVOCATE FOR GENDER EQUITY THROUGH SPORT.

    Expenses $887,658 · Grants $672,600

  • SUPPORT PROGRAMS THAT ADDRESS AND ADVOCATE FOR SOCIAL JUSTICE THROUGH SPORT.

    Expenses $825,793 · Grants $310,000

  • SUPPORT PROGRAMS THAT INCREASE KNOWLEDGE AND AWARENESS OF THE IMPORTANCE OF EQUITY IN SPORTS.

    Expenses $511,230 · Grants $174,899

  • SUPPORT NATIONAL SPORTS LEGACY PROGRAMS THAT PROVIDE MEANINGFUL SPORTS-BASED YOUTH DEVELOPMENT RELATED PROGRAMMING.

    Expenses $13,451

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Renata Simril

    PRESIDENT

    Total calculated
    $570,247
    From this org
    $0
    From related orgs
    $501,096
    Other
    $69,151
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $407,257 related
    Bonus
    $0 + $89,039 related
    Other
    $0 + $4,800 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $34,651 related
    Filer's total
    $0 + $570,247 related
  • William O'Brien

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Wehrly

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Lumarda

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Alexander

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wendy Chang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Terry Feit

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gina Galasso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Glassman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Graziano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wendy Greuel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Kaplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Quesada

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Frank Sanchez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stasia Washington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marquise Watts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marcia Suzuki

    TREASURER

    Total calculated
    $271,134
    From this org
    $0
    From related orgs
    $228,545
    Other
    $42,589
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $228,545 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $23,329 related
    Nontaxable benefits
    $0 + $19,260 related
    Filer's total
    $0 + $271,134 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE COMPENSATION FOR THE PRESIDENT AND TREASURER IS DETERMINED BY THE BOARD OF DIRECTORS OF RELATED ENTITY LA84 FOUNDATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202503169349307220

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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