Area Payee Services

Area Payee Services consistently operates with a surplus and zero liabilities, building assets without executive compensation.

EIN: 204797670 · Cedar Rapids, IA · NTEE: P51 · Updated: 2026-03-28

$209KRevenue
$185KAssets
95/100Mission Score (Excellent)
P51
Area Payee Services Financial Summary
MetricValue
Total Revenue$209K
Total Expenses$197K
Program Spending90%
Net Assets$185K
Transparency Score95/100

Is Area Payee Services Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Area Payee Services directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Area Payee Services

Area Payee Services (EIN: 204797670) is a nonprofit organization based in Cedar Rapids, IA, classified under NTEE code P51. The organization reported total revenue of $209K and total assets of $185K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Area Payee Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Area Payee Services is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$209K
Total Expenses$197K
Surplus / Deficit+$12K
Total Assets$185K
Net Assets$185K
Operating Margin5.7%
Months of Reserves11.3 months

Financial Health Grade: A

In 2023, Area Payee Services reported a surplus of $12K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Area Payee Services's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+7.0%+10.2%+6.9%
2022+5.1%+2.6%+10.6%
2021-2.2%-0.1%+8.1%
2020-7.9%-10.5%+12.2%
2019-2.4%-4.9%+9.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Area Payee Services demonstrates consistent financial stability with a healthy trend of increasing assets and no reported liabilities across all available filings. In the latest period (202312), the organization reported revenue of $208,719 against expenses of $196,722, resulting in a surplus that contributes to its growing asset base of $184,964. This consistent surplus generation, evident in most years, indicates sound financial management and an ability to operate within its means while building reserves. The organization exhibits strong spending efficiency, particularly given its NTEE code (P51 - Income Support & Maintenance). With no officer compensation reported in any filing, it suggests a volunteer-driven or very lean administrative structure, which typically translates to a higher proportion of funds directed towards program services. The absence of liabilities further underscores its fiscal prudence and low financial risk. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency. Overall, Area Payee Services appears to be a financially well-managed and efficient organization. Its consistent growth in assets, absence of debt, and lack of executive compensation suggest a strong focus on its mission and responsible stewardship of funds. The organization's financial health is robust, and its operational model appears highly cost-effective.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Area Payee Services with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Area Payee Services allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$209KTotal Revenue
$197KTotal Expenses
$185KTotal Assets
$185KNet Assets

Executive Compensation Analysis

Area Payee Services reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size and suggests exceptional dedication to directing funds to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Area Payee Services:

Frequently Asked Questions about Area Payee Services

Is Area Payee Services a legitimate charity?

Based on AI analysis of IRS 990 filings, Area Payee Services (EIN: 204797670) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Area Payee Services spend its money?

Area Payee Services directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Area Payee Services tax-deductible?

Area Payee Services is registered as a tax-exempt nonprofit (EIN: 204797670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Area Payee Services compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Area Payee Services is above average for NTEE category P51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Area Payee Services located?

Area Payee Services is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 204797670. It is classified under NTEE code P51.

How many years of IRS 990 filings does Area Payee Services have?

Area Payee Services has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $209K in total revenue.

Is Area Payee Services a good charity?

Based on its financial data, Area Payee Services appears to be a very good charity. It consistently operates with a surplus, has no liabilities, and reports 0% officer compensation, indicating high efficiency and a strong focus on its mission.

How does Area Payee Services manage its finances?

The organization manages its finances prudently, consistently generating more revenue than expenses, leading to a steady increase in assets from $10,451 in 2014 to $184,964 in 2023, all while maintaining zero liabilities.

What is the trend in Area Payee Services' revenue and expenses?

Revenue and expenses have fluctuated over the years but generally show a stable pattern, with revenue consistently exceeding expenses. For example, in 2023, revenue was $208,719 and expenses were $196,722, maintaining a positive margin.

Filing History

IRS 990 filing history for Area Payee Services showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Area Payee Services's revenue has grown by 36.5%, moving from $153K to $209K. Total assets increased by 10415.3% over the same period, from $2K to $185K. Total functional expenses rose by 28.3%, from $153K to $197K. In its most recent filing year (2023), Area Payee Services reported a surplus of $12K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $209K $197K $185K $0
2022 $195K $178K $173K $0 View 990
2021 $186K $174K $156K $0
2020 $190K $174K $145K $0 View 990
2019 $206K $195K $129K $0 View 990
2018 $211K $205K $117K $0 View 990
2017 $276K $207K $111K $0 View 990
2016 $244K $229K $42K $0 View 990
2015 $239K $222K $27K $0 View 990
2014 $212K $204K $10K $0 View 990
2013 $183K $183K $2K $0 View 990
2012 $169K $169K $2K $0 View 990
2011 $153K $153K $2K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Area Payee Services:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Area Payee Services is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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