Capital Payee Services
Capital Payee Services reports zero revenue and assets in its latest filing, following a multi-year decline.
EIN: 10845453 · Concord, NH · NTEE: P50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $40K |
| Program Spending | 80% |
| Net Assets | $600 |
| Transparency Score | 40/100 |
Is Capital Payee Services Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital Payee Services directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Payee Services
Capital Payee Services (EIN: 10845453) is a nonprofit organization based in Concord, NH, classified under NTEE code P50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Payee Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Payee Services is a micro nonprofit that has been operating for 20 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -31.0%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $40K |
| Surplus / Deficit | $-6,874 |
| Total Assets | $17K |
| Total Liabilities | $16K |
| Net Assets | $600 |
| Operating Margin | -20.8% |
| Debt-to-Asset Ratio | 96.4% |
| Months of Reserves | 5.0 months |
Financial Health Grade: C
In 2013, Capital Payee Services reported a deficit of $7K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 96.4% (high leverage).
Financial Trends
Over 3 years of filings (2011–2013), Capital Payee Services's revenue has declined at a compound annual growth rate (CAGR) of -31.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -48.4% | -35.7% | -84.4% |
| 2012 | -7.8% | -14.8% | -33.0% |
IRS Tax-Exempt Classification
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capital Payee Services with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Capital Payee Services allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 96.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% of expenses across all available filings, which is excellent for an organization of this size, indicating that no funds were diverted to high salaries for leadership.
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.
Red Flags
The following concerns were identified during AI analysis of Capital Payee Services's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or closure.
- Significant and consistent decline in revenue and assets over multiple years (e.g., revenue from $69,448 in 2011 to $0).
- Expenses exceeded revenue in two out of three reported periods (e.g., 2013: $33,042 revenue vs. $39,916 expenses; 2011: $69,448 revenue vs. $72,835 expenses).
Strengths
The following positive indicators were identified for Capital Payee Services:
- Consistently reported 0% officer compensation, demonstrating responsible use of funds regarding executive pay.
Frequently Asked Questions about Capital Payee Services
Is Capital Payee Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital Payee Services (EIN: 10845453) significant concerns. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
How does Capital Payee Services spend its money?
Capital Payee Services directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital Payee Services tax-deductible?
Capital Payee Services is registered as a tax-exempt nonprofit (EIN: 10845453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Capital Payee Services's spending goes to programs?
Capital Payee Services directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Capital Payee Services compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Capital Payee Services is near average for NTEE category P50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capital Payee Services located?
Capital Payee Services is headquartered in Concord, New Hampshire and files with the IRS under EIN 10845453. It is classified under NTEE code P50.
How many years of IRS 990 filings does Capital Payee Services have?
Capital Payee Services has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Capital Payee Services still operational given its latest $0 revenue and assets report?
The latest filing showing $0 revenue and assets strongly suggests the organization may no longer be actively operating or has significantly scaled down its activities. Further investigation into its current status would be necessary.
What caused the significant decline in revenue from $69,448 in 2011 to $0 in the latest period?
The provided data does not specify the reasons for the revenue decline. It could be due to loss of funding, cessation of services, or other operational changes.
Filing History
IRS 990 filing history for Capital Payee Services showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Capital Payee Services's revenue has declined by 52.4%, moving from $69K to $33K. Total assets decreased by 89.6% over the same period, from $160K to $17K. Total functional expenses fell by 45.2%, from $73K to $40K. In its most recent filing year (2013), Capital Payee Services reported a deficit of $7K, with expenses exceeding revenue. The organization holds $16K in liabilities against $17K in assets (debt-to-asset ratio: 96.4%), resulting in net assets of $600.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $33K | $40K | $17K | $16K | — | View 990 |
| 2012 | $64K | $62K | $107K | $100K | — | View 990 |
| 2011 | $69K | $73K | $160K | $155K | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $33K, expenses of $40K, and assets of $17K (revenue -48.4% year-over-year).
- 2012: Revenue of $64K, expenses of $62K, and assets of $107K (revenue -7.8% year-over-year).
- 2011: Revenue of $69K, expenses of $73K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Payee Services:
Data Sources and Methodology
This transparency report for Capital 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.