Consistent reporting of 0% officer compensation, suggesting volunteer leadership or highly efficient executive pay.
Long history of consistent IRS 990 filings, demonstrating transparency.
Expenses closely track revenue, implying direct application of funds to mission.
Low liabilities, indicating a generally debt-free operation.
Spending Breakdown
How Benefit Payment Services Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Benefit Payment Services Inc
Is Benefit Payment Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Benefit Payment Services Inc (EIN: 201739139) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Benefit Payment Services Inc a good charity to donate to?
Benefit Payment Services Inc has a Mission Score of 75/100. Revenue: $60K. Assets: $2K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Benefit Payment Services Inc?
The Employer Identification Number (EIN) for Benefit Payment Services Inc is 201739139. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Benefit Payment Services Inc spend its money?
Benefit Payment Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Benefit Payment Services Inc's tax-exempt status?
You can verify Benefit Payment Services Inc's tax-exempt status using EIN 201739139 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Benefit Payment Services Inc operates on a very small scale, with annual revenues consistently around $40,000-$60,000. The organization's financial health appears stable but modest, with expenses generally tracking closely to revenue, sometimes slightly exceeding it as seen in 2023 ($64,019 expenses vs. $63,965 revenue) and 2022 ($56,951 expenses vs. $53,929 revenue). Assets remain minimal, peaking at $5,735 in 2020 and currently at $3,235, indicating limited reserves or significant capital investments. The consistent reporting of zero officer compensation across all available filings suggests a volunteer-driven or very lean operational model, which is a positive indicator for donor confidence regarding executive pay.
Given the NTEE code P51 (Pension and Retirement Benefit Organizations), the organization likely provides services related to benefit payments. Without detailed expense breakdowns from the 990-EZ filings, it's challenging to precisely assess spending efficiency between programs, administration, and fundraising. However, the tight correlation between revenue and expenses, coupled with minimal assets and no reported officer compensation, implies that a significant portion of funds is likely directed towards its stated purpose, rather than accumulating wealth or excessive overhead. The organization consistently files its 990s, demonstrating a commitment to transparency, albeit at a basic level due to its small size and likely 990-EZ filing status.