Is People Projects To Empower & Organize The Psy Labeled Inc Legit?

Quick charity verification for People Projects To Empower & Organize The Psy Labeled Inc (EIN: 141737675)

Verdict: People Projects To Empower & Organize The Psy Labeled Inc appears trustworthy

78/100Mission Score

$11.5MRevenue

$5.7MAssets

2Red Flags

4Strengths

Red Flags

Expenses consistently exceeding revenue in recent years (202312: $10,338,631 expenses vs. $9,629,760 revenue; 202212: $8,940,281 expenses vs. $8,519,345 revenue).
Significant increase in liabilities from $295,461 in 2014 to $2,608,744 in 2023, which warrants monitoring relative to asset growth and operational cash flow.

Strengths

Consistent and substantial revenue growth over the past decade, from $2.6M in 2014 to $9.6M in 2023, indicating strong program demand and fundraising capabilities.
Significant asset growth from $585,148 in 2014 to $3,156,270 in 2023, building organizational capacity.
No reported officer compensation across all available filings, suggesting efficient use of funds for mission-related activities.
Long filing history (13 filings) demonstrates consistent compliance and operational longevity.

Spending Breakdown

How People Projects To Empower & Organize The Psy Labeled 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

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 People Projects To Empower & Organize The Psy Labeled Inc

Is People Projects To Empower & Organize The Psy Labeled Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, People Projects To Empower & Organize The Psy Labeled Inc (EIN: 141737675) appears trustworthy. Mission Score: 78/100. 2 red flags identified, 4 strengths noted.

Is People Projects To Empower & Organize The Psy Labeled Inc a good charity to donate to?

People Projects To Empower & Organize The Psy Labeled Inc has a Mission Score of 78/100. Revenue: $11.5M. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for People Projects To Empower & Organize The Psy Labeled Inc?

The Employer Identification Number (EIN) for People Projects To Empower & Organize The Psy Labeled Inc is 141737675. 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 People Projects To Empower & Organize The Psy Labeled Inc spend its money?

People Projects To Empower & Organize The Psy Labeled Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify People Projects To Empower & Organize The Psy Labeled Inc's tax-exempt status?

You can verify People Projects To Empower & Organize The Psy Labeled Inc's tax-exempt status using EIN 141737675 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

People Projects To Empower & Organize The Psy Labeled Inc (PPEP) demonstrates consistent growth in revenue and expenses over the past decade, indicating an expanding operational scope. In the latest filing period (202312), the organization reported revenues of $9,629,760 against expenses of $10,338,631, resulting in a deficit for the year. This trend of expenses slightly exceeding revenue is also observed in 202212, where expenses were $8,940,281 against revenues of $8,519,345. While not ideal for long-term financial stability, the organization's assets have grown significantly from $585,148 in 2014 to $3,156,270 in 2023, suggesting a build-up of capacity over time. The organization's liabilities have also increased in proportion to its growth, reaching $2,608,744 in 2023.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent growth in expenses alongside revenue suggests that the organization is actively deploying its resources to achieve its mission. The absence of reported officer compensation across all available filings is a notable point for transparency, indicating either a volunteer-led executive team or compensation being reported under other expense categories, which would warrant further investigation for complete clarity.

Overall, PPEP appears to be a growing organization with a substantial operational budget. Its financial health shows a pattern of slight annual deficits in recent years, which bears watching, but its asset growth provides some buffer. The lack of reported officer compensation is a positive indicator of resource allocation towards mission, assuming executive leadership is not compensated through other means not explicitly disclosed as officer compensation.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.