Paamonim
Paamonim shows strong revenue growth and zero reported officer compensation in recent years.
EIN: 205392216 · Brooklyn, NY · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $420K |
| Transparency Score | 90/100 |
Is Paamonim Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paamonim directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paamonim
Paamonim (EIN: 205392216) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code T30. The organization reported total revenue of $2.5M and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paamonim's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paamonim is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$175K |
| Total Assets | $448K |
| Total Liabilities | $28K |
| Net Assets | $420K |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 6.3% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2022, Paamonim reported a surplus of $175K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 6.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Paamonim's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +24.8% | +29.4% | +60.5% |
| 2021 | +102.1% | +84.3% | +367.8% |
| 2020 | +33.7% | +19.0% | +142.0% |
| 2019 | -58.7% | -56.3% | -65.9% |
| 2018 | +135.2% | +108.5% | -31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Paamonim with a Mission Score of 90 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Paamonim allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $175K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.3%.
Executive Compensation Analysis
Paamonim consistently reports 0% officer compensation across all provided filing periods, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and suggests a volunteer-driven leadership or alternative compensation structures not captured as officer pay.
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 Paamonim:
- Consistent revenue growth, from $784,523 in 2020 to $1,978,465 in 2022.
- Zero reported officer compensation across all filing periods, indicating high efficiency in leadership costs.
- Positive net income in most recent periods (e.g., $1,978,465 revenue vs. $1,803,194 expenses in 2022).
- Significant asset growth, from $59,692 in 2020 to $448,054 in 2022.
- Low liabilities relative to assets, indicating strong financial health (e.g., $28,341 liabilities vs. $448,054 assets in 2022).
Frequently Asked Questions about Paamonim
Is Paamonim a legitimate charity?
Paamonim (EIN: 205392216) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Paamonim spend its money?
Paamonim directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Paamonim tax-deductible?
Paamonim is registered as a tax-exempt nonprofit (EIN: 205392216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Paamonim's spending goes to programs?
Paamonim directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Paamonim compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Paamonim is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Paamonim located?
Paamonim is headquartered in Brooklyn, New York and files with the IRS under EIN 205392216. It is classified under NTEE code T30.
How many years of IRS 990 filings does Paamonim have?
Paamonim has 12 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 $2.5M in total revenue.
Is Paamonim a good charity?
Based on the provided data, Paamonim appears to be a good charity. It demonstrates strong financial health with consistent revenue growth, positive net income, and increasing assets. The consistent reporting of 0% officer compensation is a significant positive indicator of efficient resource allocation and transparency.
How has Paamonim's revenue trended over the past few years?
Paamonim has shown significant revenue growth in recent years, increasing from $784,523 in 2020 to $1,585,639 in 2021, and further to $1,978,465 in 2022. This indicates a strong upward trend in financial support.
What is Paamonim's asset growth like?
Paamonim's assets have grown substantially, particularly from $59,692 in 2020 to $448,054 in 2022, demonstrating a healthy accumulation of resources and financial stability.
Filing History
IRS 990 filing history for Paamonim showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Paamonim's revenue has grown by 330%, moving from $460K to $2.0M. Total assets increased by 910.8% over the same period, from $44K to $448K. Total functional expenses rose by 295.8%, from $456K to $1.8M. In its most recent filing year (2022), Paamonim reported a surplus of $175K, with revenue exceeding expenses. The organization holds $28K in liabilities against $448K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $420K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.0M | $1.8M | $448K | $28K | — | View 990 |
| 2021 | $1.6M | $1.4M | $279K | $35K | — | View 990 |
| 2020 | $785K | $756K | $60K | $7K | — | View 990 |
| 2019 | $587K | $635K | $25K | $986 | — | View 990 |
| 2018 | $1.4M | $1.5M | $72K | $195 | — | View 990 |
| 2017 | $604K | $697K | $106K | $0 | — | View 990 |
| 2016 | $768K | $776K | $200K | $724 | — | View 990 |
| 2015 | $727K | $639K | $208K | $643 | — | View 990 |
| 2014 | $972K | $924K | $119K | $0 | — | View 990 |
| 2013 | $941K | $858K | $122K | $50K | — | View 990 |
| 2012 | $538K | $544K | $39K | $51K | — | View 990 |
| 2011 | $460K | $456K | $44K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $448K (revenue +24.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $279K (revenue +102.1% year-over-year).
- 2020: Revenue of $785K, expenses of $756K, and assets of $60K (revenue +33.7% year-over-year).
- 2019: Revenue of $587K, expenses of $635K, and assets of $25K (revenue -58.7% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.5M, and assets of $72K (revenue +135.2% year-over-year).
- 2017: Revenue of $604K, expenses of $697K, and assets of $106K (revenue -21.4% year-over-year).
- 2016: Revenue of $768K, expenses of $776K, and assets of $200K (revenue +5.7% year-over-year).
- 2015: Revenue of $727K, expenses of $639K, and assets of $208K (revenue -25.2% year-over-year).
- 2014: Revenue of $972K, expenses of $924K, and assets of $119K (revenue +3.2% year-over-year).
- 2013: Revenue of $941K, expenses of $858K, and assets of $122K (revenue +74.9% year-over-year).
- 2012: Revenue of $538K, expenses of $544K, and assets of $39K (revenue +17.0% year-over-year).
- 2011: Revenue of $460K, expenses of $456K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paamonim:
Data Sources and Methodology
This transparency report for Paamonim 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.