Paving The Way Multi Service Institute
EIN: 465649514 · Washington, DC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.0M |
| Net Assets | $322K |
Is Paving The Way Multi Service Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Paving The Way Multi Service Institute
Paving The Way Multi Service Institute (EIN: 465649514) is a nonprofit organization based in Washington, DC, classified under NTEE code P20. The organization reported total revenue of $2.8M and total assets of $771K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paving The Way Multi Service Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paving The Way Multi Service Institute is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 112.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$264K |
| Total Assets | $603K |
| Total Liabilities | $281K |
| Net Assets | $322K |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 46.6% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2022, Paving The Way Multi Service Institute reported a surplus of $264K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 46.6% (moderate leverage).
Financial Trends
Over 8 years of filings (2015–2022), Paving The Way Multi Service Institute's revenue has grown at a compound annual growth rate (CAGR) of 112.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +98.3% | +80.0% | +68.7% |
| 2021 | +100.8% | +99.8% | +101.3% |
| 2020 | +31.3% | +29.1% | +1049.8% |
| 2019 | +19.5% | +18.3% | +136.3% |
| 2018 | +27.9% | +37.2% | -23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Paving The Way Multi Service Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Paving The Way Multi Service Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $264K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.6%.
Frequently Asked Questions about Paving The Way Multi Service Institute
Is Paving The Way Multi Service Institute a legitimate charity?
Paving The Way Multi Service Institute (EIN: 465649514) is a registered tax-exempt nonprofit based in Washington DC. It has 8 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. Financial health grade: A.
How does Paving The Way Multi Service Institute spend its money?
Paving The Way Multi Service Institute reported $2.8M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Paving The Way Multi Service Institute tax-deductible?
Paving The Way Multi Service Institute is registered as a tax-exempt nonprofit (EIN: 465649514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paving The Way Multi Service Institute located?
Paving The Way Multi Service Institute is headquartered in Washington, Washington DC and files with the IRS under EIN 465649514. It is classified under NTEE code P20.
How many years of IRS 990 filings does Paving The Way Multi Service Institute have?
Paving The Way Multi Service Institute has 8 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Paving The Way Multi Service Institute showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), Paving The Way Multi Service Institute's revenue has grown by 19495.5%, moving from $12K to $2.3M. Total assets increased by 25800.9% over the same period, from $2K to $603K. Total functional expenses rose by 7112.1%, from $28K to $2.0M. In its most recent filing year (2022), Paving The Way Multi Service Institute reported a surplus of $264K, with revenue exceeding expenses. The organization holds $281K in liabilities against $603K in assets (debt-to-asset ratio: 46.6%), resulting in net assets of $322K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.3M | $2.0M | $603K | $281K | — | — |
| 2021 | $1.2M | $1.1M | $358K | $300K | — | View 990 |
| 2020 | $574K | $561K | $178K | $150K | — | — |
| 2019 | $437K | $435K | $15K | $0 | — | View 990 |
| 2018 | $366K | $368K | $7K | $0 | — | View 990 |
| 2017 | $286K | $268K | $9K | $0 | — | View 990 |
| 2016 | $202K | $195K | $5K | $14K | — | View 990 |
| 2015 | $12K | $28K | $2K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.3M, expenses of $2.0M, and assets of $603K (revenue +98.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $358K (revenue +100.8% year-over-year).
- 2020: Revenue of $574K, expenses of $561K, and assets of $178K (revenue +31.3% year-over-year).
- 2019: Revenue of $437K, expenses of $435K, and assets of $15K (revenue +19.5% year-over-year).
- 2018: Revenue of $366K, expenses of $368K, and assets of $7K (revenue +27.9% year-over-year).
- 2017: Revenue of $286K, expenses of $268K, and assets of $9K (revenue +41.3% year-over-year).
- 2016: Revenue of $202K, expenses of $195K, and assets of $5K (revenue +1635.7% year-over-year).
- 2015: Revenue of $12K, expenses of $28K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paving The Way Multi Service Institute:
Data Sources and Methodology
This transparency report for Paving The Way Multi Service Institute 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.