2024-05-14T17:32:26-05:00 2023-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2023-01-01 521970904 KABOOM INC KABO 2026590215 7200 WISCONSIN AVENUE 400 BETHESDA MD 20814 GEORGE MEGAS CFO 2026590215 2024-05-10 1 GEORGE MEGAS 999009999 0 JULIA L LAFFERTY P02288149 3019860600 2024-05-10 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z GEORGE MEGAS 7200 WISCONSIN AVENUE 400 BETHESDA MD 20814 25015845 0 X WWW.KABOOM.ORG X 1996 DC KABOOM!, INC. IS THE NATIONAL NONPROFIT, THAT WORKS TO END PLAYSPACE INEQUITY. SEE SCHEDULE O. 9 9 74 10331 0 0 6087900 11041589 7689784 9508759 935726 892783 62585 21334 14775995 21464465 145083 747000 0 0 7995669 9318611 0 0 1809013 9417528 14996314 17558280 25061925 -2782285 -3597460 34091503 32769790 11564882 12589686 22526621 20180104 X KABOOM!, INC. IS THE NATIONAL NONPROFIT THAT WORKS TO END PLAYSPACE INEQUITY BY UNITING WITH COMMUNITIES TO BUILD KID-DESIGNED PLAYSPACES THAT CAN SPARK JOY AND FOSTER A SENSE OF BELONGING FOR THE KIDS WHO ARE OFTEN DENIED OPPORTUNITIES TO THRIVE. 0 0 20161135 747000 9433759 DIRECT IMPACT OFFERINGS - KABOOM! SEEKS TO END PLAYSPACE INEQUITY BY ADDRESSING DISPARITIES IN ACCESS TO AND QUALITY OF PLACES TO PLAY. KABOOM! PLAYSPACES INCLUDE PLAYSPACE PROJECTS (PLAYGROUNDS, MULTISPORT COURTS, AND ADVENTURE COURSES) AND PLAY EVERYWHERE GRANTS, EACH DESIGNED TO MEET THE UNIQUE NEEDS AND DESIRES OF THE COMMUNITIES KABOOM! WORKS WITH. SEE SCHEDULE O. 1957184 0 75000 THOUGHT LEADERSHIP - THROUGH MEDIA OPPORTUNITIES, CONFERENCE ATTENDANCE AND DEVELOPING RELATIONSHIPS WITH INFLUENCERS, FUNDERS, CITY LEADERS AND COMMUNITY ADVOCATES, KABOOM! SEEKS TO LEAD THE CONVERSATION AND DRIVE COMMUNICATIONS TO SUPPORT THE ADVANCEMENT OF ITS MISSION AND TO EDUCATE AND INSPIRE STAKEHOLDERS AND COMMUNITIES TO TAKE ACTION TO ENSURE KIDS HAVE THE OPPORTUNITIES TO THRIVE. SEE SCHEDULE O. 22118319 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 56 0 1 74 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AL AK CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X X GEORGE MEGAS 2026590215 7200 WISCONSIN AVENUE 400 BETHESDA MD 20814 LYNN M ROSS BOARD CHAIR 2.00 X X 0 0 0 LADAN MANTEGHI BOARD VICE-CHAIR 2.00 X X 0 0 0 ERIC ROTHMAN BOARD TREASURER 1.75 X X 0 0 0 ERIC WAYNE BOARD SECRETARY 1.75 X X 0 0 0 MICHAEL ARATEN BOARD MEMBER 2.00 X 0 0 0 VINCENT J LUMIA BOARD MEMBER 2.00 X 0 0 0 TIFFANY MANUEL PHD BOARD MEMBER 1.75 X 0 0 0 NATALIE VEGA O'NEIL BOARD MEMBER 1.75 X 0 0 0 JEWEL JAMES SIMMONS BOARD MEMBER 1.75 X 0 0 0 LYSA RATLIFF CEO 50.00 X 318831 0 14711 GEORGE MEGAS CFO 47.00 X 238942 0 39102 CAREY PALMQUIST CHIEF PROGRAM OFFICER 47.00 X 227959 0 23510 JAMES SIEGAL SENIOR FELLOW 40.00 X 212074 0 41968 CARLYNE CARDICHON VP FINANCE & OPERATIONS 48.00 X 211004 0 43607 RONDA JACKSON VP POLICY, ADVOCACY & IMPACT 40.00 X 198669 0 23012 DANIELLE TURNAGE VP PROGRAM OPERATIONS 44.00 X 193165 0 22480 1600644 0 208390 28 0 1 0 THREESPOT MEDIA LLC 1325 G ST NW STE 500 WASHINGTON DC 20005 WEBSITE ENHANCEMENTS 123338 BRUMIDI GROUP LLC 221 10TH ST SE WASHINGTON DC 20003 STRATEGIC CONSULTING 110000 RONI RIVERA 2805 NORTHAMPTON ST NW WASHINGTON DC 20015 PROGRAMS TEAM SUPPORT & CEM TRAINING 109640 3 11041589 11041589 CONTRACTED PROGRAM SERVICES 900099 9508759 9508759 9508759 834909 834909 3609254 3551380 57874 57874 57874 WRITE OFF OF GRANTS EXPENSE 900099 21334 21334 21334 21464465 9530093 0 892783 747000 747000 611586 463316 48505 99765 6185641 4686029 490575 1009037 296066 224289 23481 48296 1739588 1317852 137964 283772 485730 367972 38523 79235 104943 92560 9024 3359 49173 43371 4228 1574 27020 24624 2077 319 126037 111113 5793 9131 1162390 1049170 87935 25285 207315 105629 54971 46715 259983 196035 29253 34695 603562 396963 121121 85478 666875 611362 21780 33733 29979 29337 642 182662 120137 36656 25869 PLAYGROUND EQUIPMENT 11416062 11416062 TELECOMMUNICATIONS 53093 42683 3213 7197 REPRODUCTION & DELIVERY 41222 37645 2053 1524 PROPERTY & MAINTENANCE 33108 21776 6643 4689 32890 13394 10798 8698 25061925 22118319 1134593 1809013 1101381 259830 2569938 4010610 300620 489735 18353 34689 206717 127885 1954805 353316 1738532 1601489 22602492 21076733 87308 5553470 5081511 34091503 32769790 1715758 3032002 77608 24000 2306957 2000834 150000 144390 7314559 7388460 11564882 12589686 X 17547399 16657356 4979222 3522748 22526621 20180104 34091503 32769790 -3597460 1250943 0 X X 0 1 X 1 0 X 10394621 5424451 21434549 6087900 11041589 54383110 15048967 5768111 5109001 7689784 9508759 43124622 25443588 11192562 26543550 13777684 20550348 97507732 46231 63084 27945 36250 17500 191010 10866228 3500645 1173562 4128473 4256984 23925892 10912459 3563729 1201507 4164723 4274484 24116902 73390830 540694 323352 295054 545603 834909 2539612 540694 323352 295054 545603 834909 2539612 81376 360 81736 25984282 11515914 26919980 14323647 21385257 100129080 0.73300 0.71750 0.02540 0.01990 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 81,376. 2022 AMOUNT: $ 360. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 27020 0 0 27020 0 4500000 4500000 4500000 4500000 4500000 4500000 4500000 4500000 4500000 4500000 1.00000 0 0 1626536 200484 1426052 328269 152832 175437 1601489 SECURITY DEPOSITS 191679 OPERATING RIGHT-OF-USE ASSETS 4889832 5081511 OPERATING LEASE LIABILITY 7388460 7388460 X 22727688 1250943 159651 1410594 21317094 126037 21334 147371 21464465 25074205 159651 159651 24914554 126037 21334 147371 25061925 PART V, LINE 4: BOARD-DESIGNATED OPERATING RESERVES PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, KABOOM! IS EXEMPT FROM FEDERAL TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. AT DECEMBER 31, 2023 AND 2022, NO PROVISION WAS MADE AS KABOOM! HAD NO NET UNRELATED BUSINESS INCOME. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: WRITE OFF OF GRANTS EXPENSE 21,334. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS UP OF GRANTS EXPENSE 21,334. 1 CALLED TO SERVICE CDC 3600 NORTH BROAD ST PHILADELPHIA PA 19140 464404323 501(C)(3) 74000 0 PLAY EVERYWHERE RONALD MCDONALD HOUSE CHARITIES OF PHILADELPHIA REGION 3925 CHESTNUT ST PHILADELPHIA PA 19104 237377505 501(C)(3) 72000 0 PLAY EVERYWHERE CLEAN AIR COUNCIL 135 SOUTH 19TH ST STE 300 PHILADELPHIA PA 19103 231683461 501(C)(3) 69000 0 PLAY EVERYWHERE INDOCHINESE AMERICAN COUNCIL 4934 OLD YORK ROAD PHILADELPHIA PA 19141 232235948 501(C)(3) 67000 0 PLAY EVERYWHERE FRIENDS OF RAIL PARK 1219 VINE STREET STE 17 PHILADELPHIA PA 19107 274200974 501(C)(3) 72000 0 PLAY EVERYWHERE FRIENDS OF FERNHILL 5030 SCHUYLER ST PHILADELPHIA PA 19144 161694531 501(C)(3) 73000 0 PLAY EVERYWHERE STRAWBERRY MANSION CDC 2829 WEST DIAMOND ST PHILADELPHIA PA 19121 061734513 501(C)(3) 77000 0 PLAY EVERYWHERE FUND FOR THE SCHOOL DISTRICT OF PHILADLEPHIA 30 S 17TH STREET 11TH FLOOR PHILADELPHIA PA 19103 200153451 501(C)(3) 66000 0 PLAY EVERYWHERE JOHN BARTRAM ASSOCIATION 5400 LINDBERGH BLVD PHILADELPHIA PA 19143 237393771 501(C)(3) 74000 0 PLAY EVERYWHERE THE CHILDREN'S HOSPITAL OF PHILADELPHIA RESEARCH INSTITUTE PO BOX 8500 PHILADELPHIA PA 19178 231352166 501(C)(3) 58000 0 PLAY EVERYWHERE 10 PART I, LINE 2: GRANT MAKING PROCEDURES IN THE US KABOOM!, INC., WHICH WE REFER TO AS KABOOM!, COLLABORATES WITH FUNDING SOURCES TO OFFER GRANTS FOR PLAYGROUNDS, INNOVATIVE PLAY AND PLAY-RELATED PRODUCTS THAT ARE DESIGNED TO ENCOURAGE ACTIVE AND BALANCED PLAY, CREATIVITY, IMAGINATION, COMMUNICATION AND COLLABORATION. KABOOM! GRANT PROGRAMS PROVIDE FUNDING, PLANNING AND TECHNICAL ASSISTANCE AND/OR PRODUCTS TO COMMUNITIES THAT SEEK TO INCREASE PLAY OPPORTUNITIES FOR KIDS. IN ADDITION, GRANTEES ARE ABLE TO ACCESS FREE KABOOM! ONLINE TOOLS TO HELP GUIDE THEM THROUGH THE PROCESS OF BUILDING OR IMPROVING A PLAYSPACE, DESIGNING AN INNOVATIVE PLAYSPACE, AND INTRODUCING PLAY-RELATED PRODUCTS TO PLAYTIME, RECESS OR CLASSROOM INSTRUCTION. THE GRANT PROGRAMS ARE FUNDED BY THIRD PARTY FUNDING SOURCES AND GENERALLY ADMINISTERED BY KABOOM!. THESE PROGRAMS PROVIDE KABOOM! THE OPPORTUNITY TO WORK WITH GROUPS THAT MAY BE INELIGIBLE CANDIDATES FOR A STANDARD KABOOM! PLAYSPACE PROJECT. THERE ARE TWO PRIMARY TYPES OF GRANT PROGRAMS: PLAY EVERYWHERE: FUNDING IS PROVIDED TO CITIES AND COMMUNITIES TO CREATE INNOVATIVE PLAY OPPORTUNITIES FOR KIDS TO LEAP, SCRAMBLE AND JUMP THROUGH PLAYFUL TRANSFORMATIONS IN EVERYDAY SPACES IN THEIR COMMUNITIES (E.G., AT GROCERY STORES, IN EMPTY LOTS, ON SIDEWALKS, CROSSWALKS AND CLOSED STREETS). CREATIVE PLAY GRANTS: PLAY-RELATED PRODUCTS, SUCH AS IMAGINATION PLAYGROUND AND RIGAMAJIG, ARE DESIGNED TO ENCOURAGE CREATIVITY, IMAGINATION, COMMUNICATION AND COLLABORATION IN PLAY. GRANTEES ARE ABLE TO INCORPORATE THESE PRODUCTS INTO EXISTING PROGRAMS AND USE THEM FOR SPECIAL EVENTS IN THEIR COMMUNITY. KABOOM! HAS A STANDARD APPLICATION FORM FOR EACH GRANT PROGRAM, WHICH IS ACCESSIBLE ON ITS WEBSITE. PROSPECTIVE GRANTEES SUBMIT GRANT APPLICATIONS ONLINE. EACH APPLICATION IS INITIALLY REVIEWED BY A PROGRAMS MANAGER TO ENSURE ALL INFORMATION IS SUBMITTED. SUBMITTED GRANT APPLICATIONS ARE REVIEWED AND SCORED BY AN INTERNAL GRANT REVIEW PANEL CONSISTING OF 2-5 KABOOM! STAFF MEMBERS. SCORING IS BASED ON DEFINED SELECTION CRITERIA, WHICH IS CREATED BY KABOOM! AND FREQUENTLY IS APPROVED BY THE FUNDING PARTNER AND PARTNERING NONPROFITS WITH SUBJECT MATTER EXPERTISE. THE GRANT REVIEW PANEL'S RECOMMENDATIONS ARE SUBMITTED TO THE FUNDING PARTNER FOR APPROVAL. SELECTED GRANTEES ARE NOTIFIED OF THE AWARD AND SENT A GRANT AGREEMENT. EACH GRANT AGREEMENT INCLUDES PERFORMANCE BENCHMARKS THAT THE GRANTEE MUST ACKNOWLEDGE UPON ACCEPTANCE OF THE GRANT. THE PROGRAMS MANAGER FOLLOWS UP AS NEEDED WITH EACH GRANTEE REGARDING PROGRESS TOWARD COMPLETION OF EACH BENCHMARK. KABOOM! WILL NOT RELEASE GRANT FUNDS OR COORDINATE DELIVERY OF CREATIVE PLAY PRODUCTS IF A GRANTEE HAS NOT EXECUTED A GRANT AGREEMENT, MET THE REQUIRED BENCHMARKS AND SUPPLIED THE APPROPRIATE DOCUMENTATION. WHEN A GRANTEE REQUESTS FULFILLMENT OF THE GRANT AWARD FOR ITS PROJECT, THE PROGRAMS MANAGER WILL ENSURE THAT ALL THE DOCUMENTATION REQUIRED FOR KABOOM! TO INITIATE RELEASE OF SUCH GRANT AWARD HAS BEEN SUBMITTED. ONCE THE PROGRAMS MANAGER CONFIRMS THAT REQUIRED BENCHMARKS HAVE BEEN MET AND REQUIRED DOCUMENTATION HAS BEEN RECEIVED, THE PROGRAMS MANAGER WILL PREPARE A CHECK REQUEST, WHICH MUST BE APPROVED BY THE CFO PRIOR TO PAYMENT. FOR CREATIVE PLAY GRANTS, THE PLAY PRODUCT WILL NOT BE SHIPPED UNTIL ALL REQUIRED DOCUMENTATION HAS BEEN RECEIVED. GRANTS SERVE THE FOLLOWING TYPES OF ORGANIZATIONS: CHILD SERVING NON-PROFIT ORGANIZATIONS NEIGHBORHOOD ASSOCIATIONS NATIVE AMERICAN TRIBAL ORGANIZATIONS SCHOOLS OR PTO/PTAS MUNICIPALITIES OTHER COMMUNITY BASED ORGANIZATIONS HOUSING AUTHORITIES CRITERIA FOR A KABOOM! GRANTEE INCLUDES: NEED FOR A PLAYSPACE OR AN IMPROVED PLAYSPACE IMPACT THAT THE PLAYSPACE WILL HAVE IN THE COMMUNITY COMMUNITIES THAT HAVE EXPERIENCED DISINVESTMENT AND THE RESULTING LACK OF RESOURCES CAPACITY TO ENGAGE THE COMMUNITY CAPACITY TO GENERATE MATCHING FUNDS CAPACITY TO IMPACT THE LARGEST NUMBER OF KIDS DEMONSTRATED ENTHUSIASM FOR PROJECT AND COMMITMENT TO FULFILL REQUIREMENTS KABOOM! EXECUTED A PROGRAM PROVIDING GRANTS TO LOCAL US COMMUNITY ORGANIZATIONS TO ASSIST THEM IN FUNDING VOLUNTEER-LED COMMUNITY PLAYSPACE PROJECTS. DURING 2023, NINETEEN (19) GRANTS TOTALING APPROXIMATELY $747,000 WERE AWARDED. IN ADDITION, PRIOR YEAR'S GRANTS CANCELLED TOTALED $21,334. GRANT MAKING ACTIVITIES OUTSIDE OF THE US DURING 2023, THERE WERE NO GRANTS AWARDED OUTSIDE OF THE UNITED STATES. KABOOM! HAS A SET OF RULES AND REQUIREMENTS REGARDING THE CRITERIA, AND APPROVAL PROCEDURES FOR THIS GRANT PROGRAM. THE GRANT APPLICATION RULES AND PROCESS DOES NOT VARY BASED ON WHETHER THE PROJECTS WERE OUTSIDE THE US. SEE GRANT MAKING PROCEDURES IN US. X X X X X 0 0 0 0 0 0 0 0 0 LYSA RATLIFF CEO 278591 0 40240 0 0 0 12077 0 2634 0 333542 0 0 0 GEORGE MEGAS CFO 209359 0 29583 0 0 0 12715 0 26387 0 278044 0 0 0 CARLYNE CARDICHON VP FINANCE & OPERATIONS 184534 0 26470 0 0 0 11512 0 32095 0 254611 0 0 0 JAMES SIEGAL SENIOR FELLOW 212074 0 0 0 0 0 11575 0 30393 0 254042 0 0 0 CAREY PALMQUIST CHIEF PROGRAM OFFICER 198479 0 29480 0 0 0 11193 0 12317 0 251469 0 0 0 RONDA JACKSON VP POLICY, ADVOCACY & IMPACT 175149 0 23520 0 0 0 10833 0 12179 0 221681 0 0 0 DANIELLE TURNAGE VP PROGRAM OPERATIONS 170965 0 22200 0 0 0 10555 0 11925 0 215645 0 0 0 PART I, LINE 1A KABOOM!, INC., WHICH WE REFER TO AS KABOOM!, MAINTAINS A WRITTEN EXECUTIVE TRAVEL POLICY, WHICH APPLIES TO EACH OF ITS OFFICERS. THE POLICY, WHICH IS ADMINISTERED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD, COVERS AIR AND TRAIN TRAVEL, ACCOMMODATIONS, CAR RENTALS AND LOCAL TRANSPORTATION AS WELL AS MEALS AND OTHER TRAVEL EXPENSES. THE POLICY REQUIRES ECONOMY OR BUSINESS CLASS TRAVEL FOR SUBSTANTIALLY ALL AIR TRAVEL. UNDER KABOOM!'S EXECUTIVE EXPENSE REVIEW PROCESS, THE TRAVEL AND OTHER EXPENSES FOR THE CEO INITIALLY ARE REVIEWED AND APPROVED BY THE CFO, WHO REPORTS ON THESE EXPENSES IN DETAIL AND WITH APPROPRIATE ANALYSIS QUARTERLY TO THE CHAIR OF THE FINANCE COMMITTEE WHO ALSO REVIEWS AND APPROVES THESE EXPENSES. THE CHAIR OF THE FINANCE COMMITTEE REPORTS TO THE BOARD ON THE RESULTS OF SUCH REVIEW. PART II, ITEM (B) (II) AMOUNTS IN THIS COLUMN SHOW BONUS AND INCENTIVE COMPENSATION PAID IN THE CURRENT YEAR IN RESPECT OF PERFORMANCE IN THE PRIOR YEAR. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: KABOOM!, INC., WHICH WE REFER TO AS KABOOM!, IS THE NATIONAL NONPROFIT THAT WORKS TO END PLAYSPACE INEQUITY BY UNITING WITH COMMUNITIES TO BUILD KID-DESIGNED PLAYSPACES THAT CAN SPARK JOY AND FOSTER A SENSE OF BELONGING FOR THE KIDS WHO ARE OFTEN DENIED OPPORTUNITIES TO THRIVE. FAR TOO MANY KIDS LACK ADEQUATE PLACES TO PLAY DUE TO THE ONGOING EFFECTS OF SYSTEMIC RACISM. THESE INEQUITIES HAVE LEFT COMMUNITIES OF COLOR WITH LESS ACCESS TO PLAYSPACES THAN THEIR WHITE COUNTERPARTS, LIMITING THEIR ABILITY TO FULLY EXPERIENCE THE PHYSICAL, SOCIAL, AND EMOTIONAL HEALTH BENEFITS OF PLAY. WE ACKNOWLEDGE THIS INJUSTICE, AND CREATE PLAYSPACES IN PARTNERSHIP WITH COMMUNITIES TO FURTHER LONG-TERM, SUSTAINABLE PROGRESS TOWARDS COMMUNITY-DRIVEN GOALS THAT IMPROVE THE LIVES OF KIDS. OUR WORK IS PRIORITIZED AROUND A COMMITMENT TO RACIAL EQUITY, WITH COMMUNITY AND PLACE AT THE CORE OF EVERYTHING WE DO TO END PLAYSPACE INEQUITY. WE BRING TOGETHER DIVERSE PARTNERS TO DRIVE RESOURCES TO COMMUNITIES THAT LACK ACCESS TO QUALITY PLAYSPACES, WHILE ENSURING COMMUNITIES GUIDE THE PROCESS OF DEFINING HOW WE WORK WITH THEM, DESIGNING THE PHYSICAL PLAYSPACE ITSELF AND DETERMINING THE IMPACT WE CAN ACHIEVE TOGETHER. WHEN PLAYSPACE EQUITY IS ACHIEVED, KIDS WILL BE ABLE TO PLAY CLOSE TO WHERE THEY LIVE AND LEARN, AND THOSE PLAYSPACES WILL BE OF HIGH QUALITY AND BUILT WITH THE DESIRES OF THE COMMUNITY IN MIND BECAUSE THEY WERE INVOLVED FROM THE VERY BEGINNING. IN ORDER TO END PLAYSPACE INEQUITY, KABOOM! ADDRESSES THE DISPARITY BY: (I) PARTNERING TO SUPPORT AND BUILD PLAYSPACES IN COMMUNITIES EXPERIENCING HISTORIC DISINVESTMENT (II) INCLUDING COMMUNITY VOICE IN THE PLAYSPACE DESIGN PROCESS AND ENCOURAGING VOLUNTEER PARTICIPATION DURING THE BUILD PLANNING (III) ENSURING EQUITABLE ACCESS TO PLAYSPACES FOR KIDS AND FAMILIES IN EVERY COMMUNITY SINCE THE BEGINNING OF THE ORGANIZATION, KABOOM! HAS TEAMED UP WITH PARTNERS TO BUILD OR IMPROVE 17,000+ PLAYSPACES, ENGAGE MORE THAN 1.5 MILLION COMMUNITY MEMBERS AND BRING THE JOY OF PLAY TO NEARLY 12 MILLION KIDS. FORM 990, PART III, LINE 4: KABOOM!, INC., WHICH WE REFER TO AS KABOOM!, IS THE NATIONAL NONPROFIT THAT WORKS TO END PLAYSPACE INEQUITY BY UNITING WITH COMMUNITIES TO BUILD KID-DESIGNED PLAYSPACES THAT CAN SPARK JOY AND FOSTER A SENSE OF BELONGING FOR THE KIDS WHO ARE OFTEN DENIED OPPORTUNITIES TO THRIVE. OUR WORK IS PRIORITIZED AROUND A COMMITMENT TO RACIAL EQUITY, WITH COMMUNITY AND PLACE AT THE CORE OF EVERYTHING WE DO TO END PLAYSPACE INEQUITY. WE BRING TOGETHER DIVERSE PARTNERS TO DRIVE RESOURCES TO COMMUNITIES THAT LACK ACCESS TO QUALITY PLAYSPACES, WHILE ENSURING COMMUNITIES GUIDE THE PROCESS OF DEFINING HOW WE WORK WITH THEM, DESIGNING THE PHYSICAL PLAYSPACE ITSELF AND DETERMINING THE IMPACT WE CAN ACHIEVE TOGETHER. I. PARTNERING TO SUPPORT AND BUILD PLAYSPACES IN COMMUNITIES EXPERIENCING HISTORIC DISINVESTMENT FOR MORE THAN TWO DECADES, KABOOM! HAS TEAMED UP WITH BOLD AND DEDICATED COMMUNITY MEMBERS AND KIDS TO UNDERSTAND THEIR UNIQUE NEEDS AND DESIRES AND THEN, TOGETHER, BUILD INSPIRING PLACES TO PLAY. WITH THE EXPERIENCE OF WORKING SIDE BY SIDE WITH PASSIONATE, DIVERSE, AND INSPIRING COMMUNITY MEMBERS, KABOOM! HAS LEARNED THAT THERE'S NO "ONE SIZE FITS ALL" SOLUTION TO CREATING SPACES THAT MEET THE NEEDS OF KIDS AND THEIR FAMILIES. KABOOM! STARTS WITH A FOCUS ON UNDERSTANDING EACH NEIGHBORHOOD'S ASPIRATIONS, INCLUDING THE IDEAS AND DREAMS OF THE KIDS THEMSELVES. WITH THAT KNOWLEDGE, IT CREATES AN APPROACH THAT WORKS FOR THE COMMUNITY AND THEN, TOGETHER BUILD INCREDIBLE PLACES TO PLAY, INSPIRED BY THEIR DESIGN, COURAGE AND LEADERSHIP. KABOOM! ENCOURAGES COMMUNITIES TO COME TOGETHER TO BUILD A PLAYSPACE AND TO STAY TOGETHER TO USE AND TAKE CARE OF IT, SO THAT THE SPACE IT CREATE BECOMES A VALUED KID AND FAMILY-FRIENDLY GATHERING PLACE, AND THE COMMUNITY FEELS INCREASED OWNERSHIP AND PRIDE IN THEIR NEIGHBORHOOD. IN 2022, KABOOM! LAUNCHED THE 25 IN 5 INITIATIVE TO END PLAYSPACE INEQUITY, THE FIVE-YEAR INITIATIVE TO END PLAYSPACE INEQUITY IN 25 PLACES, ACCELERATING OUR EFFORTS TOWARDS ACHIEVING OUR MISSION OF ENDING PLAYSPACE INEQUITY FOR GOOD ACROSS THE UNITED STATES. IN THE SAME YEAR, KABOOM! CREATED 87 PLAYSPACES, WHICH IMPACTED AN ESTIMATED 145,274 KIDS. SINCE THE BEGINNING OF THE ORGANIZATION, KABOOM! HAS BUILT OR IMPROVED 17,000+ PLAYSPACES, ENGAGED MORE THAN 1.5 MILLION COMMUNITY MEMBERS AND BROUGHT THE JOY OF PLAY TO NEARLY 12 MILLION KIDS. KABOOM! BELIEVES ITS COMMUNITY-BUILT PLAYGROUNDS RESULT IN KIDS FEELING VALUED AND GENERATE A TANGIBLE, ACHIEVABLE WIN FOR COMMUNITIES. LOOKING TOWARD THE FUTURE, KABOOM! CONTINUES EFFORTS TO BUILD COLLECTIVE ACTION THAT ENABLES KIDS TO REACH THEIR FULL POTENTIAL. II. INCLUDING COMMUNITY VOICE IN THE PLAYSPACE DESIGN PROCESS AND ENCOURAGING VOLUNTEER PARTICIPATION DURING THE BUILD PLANNING KABOOM! ENABLES COMMUNITIES TO DESIGN, BUILD, ENJOY, AND MAINTAIN GREAT PLAYSPACES. KABOOM! BELIEVES THE PROCESS OF BUILDING THE PLAYSPACE ALONGSIDE THE COMMUNITY RESULTS IN AN INCREASED SENSE OF COMMUNITY OWNERSHIP OF THEIR NEIGHBORHOOD AND INCREASED SKILLS, CONFIDENCE, AND COURAGE TO DO EVEN MORE FOR ITS KIDS. IN ADDITION TO PLAYGROUNDS, KABOOM! OFFERS SPACES THAT ADDRESS THE GROWING NEED FOR NEW AND DIVERSE ACTIVITY OPTIONS FOR OLDER KIDS AND TEENS. TODAY, MANY TEENS, ESPECIALLY IN COMMUNITIES OF COLOR, ARE LEARNING TO RESPOND TO AND NAVIGATE CHALLENGES THAT ARE FORCING THEM TO GROW UP TOO FAST. THESE DYNAMICS IN THE HOME AND AT SCHOOL REVEAL THE NEED FOR US TO HELP PROVIDE POSITIVE OUTLETS WHERE TEENS FEEL LIKE THEY BELONG AND CAN ENJOY BEING ACTIVE WITH FRIENDS. INVESTING IN TEENS DEMONSTRATES TO THEM THAT THEY MATTER AND ARE SUPPORTED BY CARING ADULTS WHO WANT TO ENSURE THEIR VOICES ARE HEARD IN THEIR OWN COMMUNITIES AND THEY ARE GETTING OPPORTUNITIES TO ENGAGE AND ENJOY BEING KIDS FOR A BIT LONGER. ADVENTURE COURSES ARE HELPING TO PROVIDE SPECIAL PLACES TO ENJOY WHERE THEY FEEL THEY BELONG, AND CAN BE ACTIVE WITH PEERS AND ENGAGE WITH THEIR COMMUNITY IN A MEANINGFUL WAY. THE COURSES OFFER AN OBSTACLE COURSE-TYPE OF RECREATION THAT ALLOWS OLDER KIDS AND TEENS TO CHALLENGE THEMSELVES THROUGHOUT THE COURSE AND ENJOY FRIENDLY COMPETITION WITH THEIR PEERS. PLAY EVERYWHERE CONTINUES TO ENCOURAGE CREATIVE SOLUTIONS TO MAKE PLAY A WAY OF LIFE IN EVERYDAY AND UNEXPECTED PLACES, INCLUDING ON SIDEWALKS, IN VACANT LOTS, AT BUS STOPS, IN OPEN STREETS AND BEYOND ESPECIALLY IN COMMUNITIES WHERE KIDS OFTEN HAVE LIMITED ACCESS TO PLAYSPACES. III. ENSURING EQUITABLE ACCESS TO PLAYSPACES FOR KIDS AND FAMILIES IN EVERY COMMUNITY FAR TOO MANY KIDS LACK ADEQUATE PLACES TO PLAY DUE TO THE ONGOING EFFECTS OF SYSTEMIC RACISM. THESE INEQUITIES HAVE LEFT COMMUNITIES OF COLOR WITH LESS ACCESS TO PLAYSPACES THAN THEIR WHITE COUNTERPARTS, LIMITING THEIR ABILITY TO FULLY EXPERIENCE THE PHYSICAL, SOCIAL, AND EMOTIONAL HEALTH BENEFITS OF PLAY. WE ACKNOWLEDGE THIS INJUSTICE, AND CREATE PLAYSPACES IN PARTNERSHIP WITH COMMUNITIES TO FURTHER LONG-TERM, SUSTAINABLE PROGRESS TOWARDS COMMUNITY-DRIVEN GOALS THAT IMPROVE THE LIVES OF KIDS. WITH AN EXPLICIT GOAL OF DRIVING PLAYSPACE EQUITY: KABOOM! LEVERAGES DATA THROUGH THE PLAYSPACE INEQUITY PRIORITIZATION INDEX TO IDENTIFY DISPARITIES IN ACCESS TO QUALITY PLACES TO PLAY. KABOOM! BRINGS TOGETHER PARTNERS WHO CAN JOIN THEM IN COLLECTIVE ACTION WITH THESE COMMUNITIES TO CREATE SPACES THAT SPARK JOY, HOPE AND LIMITLESS OPPORTUNITIES FOR KIDS. KABOOM! ALSO USES DATA TO UNDERSTAND THE IMPACT THAT PLACES TO PLAY HAVE ON THE ISSUES THAT COMMUNITIES AND PARTNERS CARE ABOUT, SUCH AS: NEIGHBORHOOD REVITALIZATION, HEALTH, COMMUNITY RESILIENCE, EARLY CHILDHOOD DEVELOPMENT, TEEN ENGAGEMENT, AND MORE. KABOOM! FOCUSES ON RACIAL EQUITY BY ADDRESSING DISPARITIES IN ACCESS TO HIGH-QUALITY PLAYSPACES AND THE RELATED DISPARITIES IN OUTCOMES FOR KIDS AND COMMUNITIES. KABOOM! ENSURES THAT: WHERE THEY BUILD ADDRESSES RACIAL INEQUITY IN ACCESS TO QUALITY PLAYSPACES THE WAY WORK IS DONE IS FLEXIBLE ENOUGH TO RESPOND TO THE UNIQUE CULTURE, CONTEXT, ASSETS AND CHALLENGES OF EACH COMMUNITY THE PLAYSPACE IS RESPONSIVE TO KIDS AND THE COMMUNITY ITS PARTNERS ARE COMMITTED TO PLAYSPACE EQUITY AND ALIGNING THEIR RESOURCES TO HELP ACHIEVE THIS COMMUNICATIONS REFLECT EQUITY-BASED FOCUS THROUGH THE LANGUAGE USED WITH A COMMUNITY-RESPONSIVE, DATA-DRIVEN APPROACH AND FOCUS ON RACIAL EQUITY, KABOOM! IS UNIQUELY POSITIONED TO DIRECTLY ADDRESS PLAYSPACE INEQUITY AND WORKING TOGETHER WITH PARTNERS AND COMMUNITIES TO BUILD A HIGH VOLUME OF PLAYSPACES THAT ADDRESS THE GREATEST DISPARITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT AUDITORS AND IS REVIEWED BY THE MANAGEMENT TEAM, AUDIT COMMITTEE AND LEGAL COUNSEL. THE FORM 990 IS APPROVED BY THE AUDIT COMMITTEE. ONCE APPROVED BY THE AUDIT COMMITTEE THE FORM 990 IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT AND IS APPROVED BY THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C KABOOM!, INC., WHICH WE REFER TO AS KABOOM!, MAINTAINS A CONFLICT OF INTEREST POLICY, WHICH APPLIES TO EACH DIRECTOR AND OFFICER OF KABOOM!, THAT SEEKS TO PROTECT THE INTERESTS OF KABOOM! WHEN IT CONTEMPLATES ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF KABOOM!. THE POLICY IS INTENDED TO SUPPLEMENT APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NON-PROFIT AND CHARITABLE ORGANIZATIONS AND TO AID DIRECTORS AND OFFICERS OF KABOOM! IN PERFORMING THE DUTIES IMPOSED UPON THEM BY APPLICABLE LAW WITH RESPECT TO THEIR MANAGEMENT RESPONSIBILITIES AND FIDUCIARY OBLIGATIONS TO KABOOM!. THE CONFLICT OF INTEREST POLICY REQUIRES ANY DIRECTOR OR OFFICER, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST (DEFINED AS A GREATER THAN 5% OWNERSHIP INTEREST IN, OR COMPENSATION ARRANGEMENT WITH) OR AFFILIATE RELATIONSHIP WITH ANY PERSON OR ENTITY THAT IS INVOLVED IN AN ACTUAL OR POTENTIAL TRANSACTION WITH KABOOM!, TO DISCLOSE THE EXISTENCE OF SUCH FINANCIAL INTEREST OR AFFILIATE RELATIONSHIP TO THE CHAIRPERSON OF THE BOARD OF DIRECTORS AND THE CHAIRPERSON OF THE GOVERNANCE AND NOMINATING COMMITTEE. IN ADDITION TO THE GENERAL DUTY TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, THE POLICY REQUIRES EACH DIRECTOR AND OFFICER TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT THAT, AMONG OTHER THINGS, DISCLOSES ANY SUCH FINANCIAL INTEREST OR AFFILIATE RELATIONSHIP. FOLLOWING DISCLOSURE OF SUCH FINANCIAL INTEREST OR AFFILIATE RELATIONSHIP, THE POLICY PROVIDES FOR THE MATTER TO BE REFERRED TO THE BOARD OR THE GOVERNANCE AND NOMINATING COMMITTEE, WHICH THEN DETERMINES WHETHER SUCH INTEREST OR RELATIONSHIP CREATES A CONFLICT OF INTEREST IN RESPECT OF SUCH DIRECTOR OR OFFICER AND, IF SO, SUCH DIRECTOR OR OFFICER MAY PROVIDE INFORMATION OR INTERPRETATION WITH RESPECT TO SUCH MATTER BUT SHALL OTHERWISE REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 KABOOM!, INC., WHICH WE REFER TO AS KABOOM!, MAINTAINS AN EXECUTIVE COMPENSATION POLICY WITH THE OBJECTIVE OF PROVIDING A REASONABLE AND COMPETITIVE EXECUTIVE TOTAL COMPENSATION OPPORTUNITY CONSISTENT WITH MARKET-BASED COMPENSATION PRACTICES FOR INDIVIDUALS POSSESSING THE EXPERIENCE AND SKILLS NEEDED TO MANAGE AND IMPROVE THE OVERALL PERFORMANCE OF THE ORGANIZATION. THE KABOOM! EXECUTIVE COMPENSATION PROGRAM IS DESIGNED TO, AMONG OTHER THINGS: ENCOURAGE THE ATTRACTION AND RETENTION OF HIGH-CALIBER EXECUTIVES; PROVIDE A COMPETITIVE TOTAL COMPENSATION PACKAGE, INCLUDING BENEFITS; STRONGLY SUPPORT A PERFORMANCE DRIVEN CULTURE THROUGH THE USE OF INCENTIVES FOR KEY EMPLOYEES; REINFORCE THE GOALS OF THE ORGANIZATION BY SUPPORTING TEAMWORK AND COLLABORATION; ENSURE THAT PAY IS PERCEIVED TO BE FAIR AND EQUITABLE; BE FLEXIBLE TO REWARD INDIVIDUAL ACCOMPLISHMENTS AS WELL AS ORGANIZATIONAL SUCCESS; AND BALANCE THE NEED TO BE COMPETITIVE WITHIN THE LIMITS OF AVAILABLE FINANCIAL RESOURCES. THE KABOOM! EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR ALL SENIOR EXECUTIVES OF THE ORGANIZATION. TO EVALUATE AND BENCHMARK THE ORGANIZATION'S EXECUTIVE COMPENSATION PROGRAM AGAINST THE COMPETITIVE MARKET, AN INDEPENDENT CONSULTING FIRM CONDUCTS A BI-ANNUAL REVIEW INTENDED TO ENSURE THAT THE COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. THE FINDINGS ARE REVIEWED BY THE BOARD WHO MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE ANY CHANGES, AS APPROPRIATE. THE EXECUTIVE COMMITTEE REVIEWS ANNUALLY AND SUBMITS FOR BOARD APPROVAL ITS RECOMMENDATIONS REGARDING THE BASE SALARY ADJUSTMENTS AND IF APPLICABLE THE ANNUAL INCENTIVE PAYMENTS, AS WELL AS OBJECTIVES AND GOALS FOR THE UPCOMING YEAR'S ANNUAL PERFORMANCE APPRAISAL AND INCENTIVE PLAN FOR THE CEO. THE CEO DETERMINES THE COMPENSATION AND IF ANY INCENTIVE AWARDS FOR THE OTHER EXECUTIVE OFFICERS. AFTER THE COMPLETION OF THE ANNUAL AUDIT, THE EXECUTIVE COMMITTEE REVIEWS, APPROVES AND REPORTS TO THE BOARD THEIR ASSESSMENT OF THE CEO'S ACTUAL PERFORMANCE MEASURED AGAINST BOARD APPROVED GOALS AND OBJECTIVES. IN ADDITION, THE BOARD HAS ADOPTED AN EXECUTIVE COMPENSATION CLAWBACK POLICY, PURSUANT TO WHICH KABOOM!, SUBJECT TO THE FULL AND FINAL AUTHORITY OF THE BOARD TO MAKE ALL DETERMINATIONS REQUIRED THEREUNDER, SHALL SEEK REIMBURSEMENT OF PERFORMANCE-BASED AND/OR DISCRETIONARY COMPENSATION PAID TO AN EXECUTIVE OFFICER OF KABOOM! IF THE BOARD DETERMINES THAT THE AMOUNT OF ANY SUCH PERFORMANCE-BASED AND/OR DISCRETIONARY COMPENSATION ACTUALLY PAID OR AWARDED TO A CURRENT OR FORMER EXECUTIVE OFFICER DURING THE ONE-YEAR PERIOD PRECEDING THE DATE ON WHICH KABOOM! IS REQUIRED TO PREPARE SUCH RESTATEMENT WOULD HAVE BEEN A LOWER AMOUNT HAD IT BEEN CALCULATED BASED ON SUCH RESTATED FINANCIAL STATEMENTS OR SUCH EXECUTIVE OFFICER ENGAGED IN FRAUD OR INTENTIONAL MISCONDUCT THAT CONTRIBUTED TO THE NEED FOR SUCH RESTATEMENT OR RESULTED IN ERRONEOUS CALCULATIONS OF PERFORMANCE-BASED AND/OR DISCRETIONARY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 KABOOM!, INC. INCLUDES ON ITS WEBSITE COPIES OF ITS AUDITED FINANCIAL STATEMENTS AND ITS FORM 990 FOR THE PAST FIVE YEARS. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART VI-B, LINE 16: IMAGINATION PLAYGROUND, LLC IS A DELAWARE LIMITED LIABILITY COMPANY OWNED BY KABOOM! INC., WHICH WE REFER TO AS KABOOM!, AND MHSCO HOLDINGS, LLC, AN AFFILIATE OF THE M.H. STALLMAN COMPANY, A MANUFACTURER OF CERTAIN IMAGINATION PLAYGROUND PLAY EQUIPMENT. IMAGINATION PLAYGROUND, LLC FOCUSES ON THE DESIGN, DEVELOPMENT, PRODUCTION, MANUFACTURING, MARKETING, DISTRIBUTION, SALES AND INSTALLATION OF PLAY SPACES AND RELATED PLAY EQUIPMENT ASSOCIATED WITH THE IMAGINATION PLAYGROUND CONCEPT WHICH WAS CONCEIVED AND DESIGNED BY ARCHITECT DAVID ROCKWELL TO ENCOURAGE CHILD-DIRECTED, UNSTRUCTURED "FREE-PLAY." IMAGINATION PLAYGROUND, LLC IS A VENDOR TO KABOOM!, WHICH FROM TIME TO TIME MAY PURCHASE IMAGINATION PLAYGROUND PRODUCTS FROM THE JOINT VENTURE ON BEHALF OF CERTAIN COMMUNITIES THAT MAY RECEIVE SUCH PRODUCTS IN CONNECTION WITH KABOOM! LED PLAYGROUND BUILDS OR KABOOM! ADMINISTERED GRANT PROGRAMS. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS PROVIDES OVERSIGHT OF THE AUDIT PROCESS AND SELECTION OF THE AUDITORS. KABOOM PLAY INITIATIVES LLC 7200 WISCONSIN AVE STE 400 BETHESDA MD 20814 465154156 PLAY PRODUCTS DE 0 0 KABOOM INC PART I: KABOOM! PLAY INITIATIVES, LLC ("KPI"), A WHOLLY OWNED SUBSIDIARY OF KABOOM!, INC., WHICH WE REFER TO AS KABOOM!, IS A DELAWARE LIMITED LIABILITY COMPANY THAT WAS FORMED IN 2013 TO PURSUE CERTAIN PLAY INITIATIVES IN FURTHERANCE OF KABOOM!'S MISSION. AMONG OTHER THINGS, KPI UNDERTOOK ACTIVITIES DESIGNED TO CONNECT SELLERS AND BUYERS OF INNOVATIVE PLAY OR PLAY-RELATED PRODUCTS. WHILE KPI DID NOT OWN OR SELL SUCH PRODUCTS, IT DID PROVIDE CERTAIN PAYMENT PROCESSING SERVICES AND MANAGES ORDER FULFILLMENT FOR SUCH PRODUCTS (AMONG OTHER ANCILLARY SERVICES PROVIDED BY KPI IN CONNECTION WITH SUCH ACTIVITIES). SELLERS COMPLETING SALES IN CONNECTION WITH SUCH ACTIVITIES CONTRIBUTED TO KPI A PORTION OF THE SALES PRICE PAID FOR EACH PRODUCT AS A DONATION WITHOUT RESTRICTION TO SUPPORT KABOOM!'S MISSION. KPI HAD NO ACTIVITY IN 2023.