P A S E Inc
P A S E Inc consistently operated at a deficit, with assets declining significantly between 2011 and 2012.
EIN: 20528244 · Nashua, NH · NTEE: B94 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Program Spending | 70% |
| Net Assets | $2K |
| Transparency Score | 40/100 |
Is P A S E Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
P A S E Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About P A S E Inc
P A S E Inc (EIN: 20528244) is a nonprofit organization based in Nashua, NH, classified under NTEE code B94. 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 P A S E Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
P A S E Inc is a micro nonprofit that has been operating for 24 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of -95.7%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $650 |
| Total Expenses | $6K |
| Surplus / Deficit | $-5,200 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -800.0% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2012, P A S E Inc reported a deficit of $5K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2011–2012), P A S E Inc's revenue has declined at a compound annual growth rate (CAGR) of -95.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -95.7% | -77.6% | -75.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 P A S E Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, P A S E Inc 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 $5K, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation was reported in either 2011 or 2012, which is appropriate for an organization of this size and financial activity, suggesting a volunteer-led structure.
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 P A S E Inc's IRS 990 filings:
- Consistent operating deficits in both reported periods (2011 and 2012)
- Significant decline in assets from $7,251 in 2011 to $1,796 in 2012
- Latest reported revenue and assets are $0, potentially indicating dormancy or cessation of operations.
Strengths
The following positive indicators were identified for P A S E Inc:
- No executive compensation reported, indicating a volunteer-driven model and efficient use of funds in that regard.
Frequently Asked Questions about P A S E Inc
Is P A S E Inc a legitimate charity?
P A S E Inc (EIN: 20528244) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 40/100. It has 2 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does P A S E Inc spend its money?
P A S E Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to P A S E Inc tax-deductible?
P A S E Inc is registered as a tax-exempt nonprofit (EIN: 20528244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of P A S E Inc's spending goes to programs?
P A S E Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does P A S E Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), P A S E Inc is near average for NTEE category B94 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is P A S E Inc located?
P A S E Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20528244. It is classified under NTEE code B94.
How many years of IRS 990 filings does P A S E Inc have?
P A S E Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is P A S E Inc still active?
The latest reported revenue and assets of $0 suggest the organization may no longer be active or has become dormant since its last detailed filing in 2012.
What caused the significant operating deficits in 2011 and 2012?
In 2011, expenses ($26,094) significantly outpaced revenue ($15,058), and in 2012, expenses ($5,850) were much higher than revenue ($650). Without detailed expense breakdowns, the specific causes of these deficits are unclear.
What was the purpose of P A S E Inc?
The NTEE code B94 indicates 'Youth Development Programs', suggesting its mission was related to youth services, but specific program details are not available from the provided financial data.
Filing History
IRS 990 filing history for P A S E Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), P A S E Inc's revenue has declined by 95.7%, moving from $15K to $650. Total assets decreased by 75.2% over the same period, from $7K to $2K. Total functional expenses fell by 77.6%, from $26K to $6K. In its most recent filing year (2012), P A S E Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $650 | $6K | $2K | $0 | — | View 990 |
| 2011 | $15K | $26K | $7K | $255 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for P A S E Inc:
Data Sources and Methodology
This transparency report for P A S E Inc 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.