Quick charity verification for Paye Inc (EIN: 200047050)
Verdict: Paye Inc appears trustworthy
75/100Mission Score
$140KRevenue
$738KAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Unclear how 0% officer compensation is maintained or if it's reported elsewhere
Strengths
Consistent revenue generation over a decade (e.g., $145,583 in 2023, $151,708 in 2022)
Strong asset base (e.g., $786,562 in 2023, $973,511 in 2021)
Zero reported liabilities across all filings, indicating strong financial solvency
History of positive net assets, demonstrating financial stability
Spending Breakdown
How Paye Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Paye Inc
Is Paye Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paye Inc (EIN: 200047050) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Paye Inc a good charity to donate to?
Paye Inc has a Mission Score of 75/100. Revenue: $140K. Assets: $738K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Paye Inc?
The Employer Identification Number (EIN) for Paye Inc is 200047050. 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 Paye Inc spend its money?
Paye Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Paye Inc's tax-exempt status?
You can verify Paye Inc's tax-exempt status using EIN 200047050 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
Paye Inc demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade, typically around $120,000-$150,000 annually. The organization has maintained a healthy asset base, fluctuating between approximately $446,073 and $973,511, with no reported liabilities across all filings, indicating strong financial solvency and a conservative approach to debt. This lack of liabilities is a significant positive indicator of financial stability.
However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits a comprehensive assessment of spending efficiency. Without this information, it's challenging to determine the percentage of funds directly allocated to its mission versus overhead. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which would require further investigation for full transparency.
Overall, Paye Inc appears financially stable with a solid asset base and no debt. To enhance transparency and allow for a more precise evaluation of spending efficiency, a detailed breakdown of expenses would be beneficial. The consistent revenue and asset levels suggest a well-managed, albeit potentially small, operation.