Check Payment Systems Assn
Check Payment Systems Assn experienced significant deficit spending and asset depletion, now reports $0 revenue and assets.
EIN: 136174436 · Washington, DC · Updated: 2026-03-28
Is Check Payment Systems Assn Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Check Payment Systems Assn directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Check Payment Systems Assn
Check Payment Systems Assn (EIN: 136174436) is a nonprofit organization based in Washington, DC. 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 Check Payment Systems Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Check Payment Systems Assn is a micro nonprofit that has been operating for 61 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of -34.9%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $44K |
| Surplus / Deficit | $-35,147 |
| Total Assets | $155K |
| Net Assets | $155K |
| Operating Margin | -401.8% |
| Months of Reserves | 42.5 months |
Financial Health Grade: B
In 2012, Check Payment Systems Assn reported a deficit of $35K with expenses exceeding revenue, holds 42.5 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2012), Check Payment Systems Assn's revenue has declined at a compound annual growth rate (CAGR) of -34.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -34.9% | -0.8% | -19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1965 |
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 Check Payment Systems Assn with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Check Payment Systems Assn allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation was reported as 0% in both 2011 and 2012, indicating that the organization's leadership was either unpaid or compensated through other means not classified as officer compensation, which is unusual for an organization with expenses over $40,000.
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 Check Payment Systems Assn's IRS 990 filings:
- Consistent and significant deficit spending in 2011 and 2012 (expenses far exceeded revenue).
- Substantial decline in assets from $193,101 to $155,332 over one year.
- Latest reported revenue and assets are $0, raising questions about current operational status.
- Unknown NTEE code, which can hinder understanding of its specific charitable purpose and peer comparison.
Strengths
The following positive indicators were identified for Check Payment Systems Assn:
- Reported 0% officer compensation in 2011 and 2012, indicating a potentially volunteer-driven leadership.
Frequently Asked Questions about Check Payment Systems Assn
Is Check Payment Systems Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Check Payment Systems Assn (EIN: 136174436) significant concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
How does Check Payment Systems Assn spend its money?
Check Payment Systems Assn directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Check Payment Systems Assn tax-deductible?
Check Payment Systems Assn is registered as a tax-exempt nonprofit (EIN: 136174436). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Check Payment Systems Assn still an active organization?
The latest reported revenue and assets of $0 suggest the organization may no longer be active or has ceased operations, despite having prior filings.
How did the organization cover its significant spending deficits in 2011 and 2012?
The organization covered its deficits by drawing down its assets, which decreased from $193,101 in 2011 to $155,332 in 2012.
What caused the substantial drop in revenue from $13,445 in 2011 to $8,748 in 2012?
The provided data does not specify the cause of the revenue drop, but it contributed to the worsening financial position.
Filing History
IRS 990 filing history for Check Payment Systems Assn showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Check Payment Systems Assn's revenue has declined by 34.9%, moving from $13K to $9K. Total assets decreased by 19.6% over the same period, from $193K to $155K. Total functional expenses fell by 0.8%, from $44K to $44K. In its most recent filing year (2012), Check Payment Systems Assn reported a deficit of $35K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $9K | $44K | $155K | $0 | — | View 990 |
| 2011 | $13K | $44K | $193K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Check Payment Systems Assn:
Data Sources and Methodology
This transparency report for Check Payment Systems Assn 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.