Liabilities consistently exceed assets, indicating potential solvency concerns or a reliance on specific funding structures.
The consistent 0% officer compensation is unusual for an organization of this scale and warrants further investigation into how leadership is compensated or structured.
Strengths
Consistent operational stability with revenues closely matching expenses over a decade.
Significant and consistent growth in assets over the past decade, indicating expanding capacity.
Efficient use of funds, as evidenced by expenses closely tracking revenues, suggesting most income is put to work.
Spending Breakdown
How Promesa Administrative Services Organization Inc Paso allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Promesa Administrative Services Organization Inc Paso
Is Promesa Administrative Services Organization Inc Paso a legitimate charity?
Based on AI analysis of IRS 990 filings, Promesa Administrative Services Organization Inc Paso (EIN: 133653276) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Promesa Administrative Services Organization Inc Paso a good charity to donate to?
Promesa Administrative Services Organization Inc Paso has a Mission Score of 85/100. Revenue: $12.4M. Assets: $15.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Promesa Administrative Services Organization Inc Paso?
The Employer Identification Number (EIN) for Promesa Administrative Services Organization Inc Paso is 133653276. 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 Promesa Administrative Services Organization Inc Paso spend its money?
Promesa Administrative Services Organization Inc Paso allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Promesa Administrative Services Organization Inc Paso's tax-exempt status?
You can verify Promesa Administrative Services Organization Inc Paso's tax-exempt status using EIN 133653276 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
Promesa Administrative Services Organization Inc Paso demonstrates consistent financial activity, with revenues and expenses closely matched over the past decade, indicating a stable operational model. For example, in 2023, revenue was $12,308,054 against expenses of $12,307,794. The organization's assets have shown steady growth, increasing from $1,881,648 in 2015 to $12,498,962 in 2023, suggesting a growing capacity. However, liabilities have consistently exceeded assets in recent years, such as $12,672,965 in liabilities against $12,498,962 in assets in 2023, which warrants closer examination of its balance sheet health.
Spending efficiency appears to be a key focus, as expenses are consistently very close to revenues, implying that most incoming funds are directly utilized for operations. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice is highly commendable and suggests a strong ethical framework regarding compensation.
While the organization's financial statements show a tight operational budget with minimal surplus, the consistent growth in assets over time, despite liabilities often exceeding them, suggests a complex financial structure that manages to sustain and expand its operations. The lack of reported officer compensation enhances its transparency profile, making it appear as an organization that prioritizes its mission over individual financial gain. Further details on program spending versus administrative and fundraising costs would provide a more complete picture of its spending efficiency.