Paynesville Community Service Center Inc
Paynesville Community Service Center Inc shows consistent program focus with no officer compensation, recovering from past asset deficits.
EIN: 201227234 · Paynesville, MN · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $129K |
| Total Expenses | $125K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $128,746. |
| Net Assets | $398K |
| Transparency Score | 85/100 |
Is Paynesville Community Service Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paynesville Community Service Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paynesville Community Service Center Inc
Paynesville Community Service Center Inc (EIN: 201227234) is a nonprofit organization based in Paynesville, MN, classified under NTEE code P60. The organization reported total revenue of $129K and total assets of $433K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paynesville Community Service Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paynesville Community Service Center Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $125K |
| Surplus / Deficit | $-6,667 |
| Total Assets | $408K |
| Total Liabilities | $10K |
| Net Assets | $398K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 39.3 months |
Financial Health Grade: B
In 2024, Paynesville Community Service Center Inc reported a deficit of $7K with expenses exceeding revenue, holds 39.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Paynesville Community Service Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.3% | -4.9% | +0.6% |
| 2023 | -24.0% | +35.1% | -6.0% |
| 2022 | +24.7% | +14.8% | +10.6% |
| 2021 | -16.2% | -65.2% | — |
| 2020 | +18.5% | -4.0% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Paynesville Community Service Center Inc with a Mission Score of 85 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, Paynesville Community Service Center Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or very modest, non-officer salaries, which is highly efficient for an organization of its size with latest revenue of $128,746.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Paynesville Community Service Center Inc's IRS 990 filings:
- Periods of negative assets in 2019 ($-19,183) and 2020 ($-129,635) indicate past financial instability.
- Expenses exceeded revenue in the latest filing (202405: Revenue=$117,960, Expenses=$124,627), resulting in a deficit for the period.
Strengths
The following positive indicators were identified for Paynesville Community Service Center Inc:
- Consistent 0% officer compensation across all reported periods, indicating high efficiency and dedication to mission.
- Strong recovery and growth in assets since 2020, reaching $407,710 in 202405, demonstrating improved financial health.
- Long history of IRS 990 filings (14 filings), suggesting good transparency and compliance.
- Positive net assets in recent years, indicating financial stability and capacity to operate.
Frequently Asked Questions about Paynesville Community Service Center Inc
Is Paynesville Community Service Center Inc a legitimate charity?
Paynesville Community Service Center Inc (EIN: 201227234) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $129K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Paynesville Community Service Center Inc spend its money?
Paynesville Community Service Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Paynesville Community Service Center Inc tax-deductible?
Paynesville Community Service Center Inc is registered as a tax-exempt nonprofit (EIN: 201227234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Paynesville Community Service Center Inc CEO make?
Paynesville Community Service Center Inc's highest-compensated officer earns $128,746. annually. The organization reported $129K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Paynesville Community Service Center Inc's spending goes to programs?
Paynesville Community Service Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Paynesville Community Service Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Paynesville Community Service Center Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Paynesville Community Service Center Inc located?
Paynesville Community Service Center Inc is headquartered in Paynesville, Minnesota and files with the IRS under EIN 201227234. It is classified under NTEE code P60.
How many years of IRS 990 filings does Paynesville Community Service Center Inc have?
Paynesville Community Service Center Inc has 14 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 $129K in total revenue.
Is Paynesville Community Service Center Inc a good charity?
Based on the available data, Paynesville Community Service Center Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. While there were periods of negative assets in 2019 and 2020, the organization has since recovered, showing positive and growing assets, reaching $407,710 in 202405.
How has the organization's financial health changed over time?
The organization experienced significant financial challenges in 2019 and 2020, reporting negative assets of $-19,183 and $-129,635 respectively. However, it has shown a strong recovery since then, with assets growing steadily to $431,051 in 202205 and maintaining over $400,000 in the latest periods, indicating improved financial stability.
What is the organization's approach to executive compensation?
Paynesville Community Service Center Inc reports 0% officer compensation in all available IRS 990 filings. This indicates that the organization's leadership either serves on a volunteer basis or receives no reportable compensation as officers, which is a highly efficient practice for a nonprofit of its size.
Filing History
IRS 990 filing history for Paynesville Community Service Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Paynesville Community Service Center Inc's revenue has grown by 10.5%, moving from $107K to $118K. Total assets increased by 45.3% over the same period, from $281K to $408K. Total functional expenses rose by 68.1%, from $74K to $125K. In its most recent filing year (2024), Paynesville Community Service Center Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $10K in liabilities against $408K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $398K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $118K | $125K | $408K | $10K | — | — |
| 2023 | $105K | $131K | $405K | $10K | — | View 990 |
| 2022 | $138K | $97K | $431K | $10K | — | View 990 |
| 2021 | $111K | $85K | $390K | $10K | — | — |
| 2020 | $132K | $243K | $-129,635 | $6K | — | View 990 |
| 2019 | $112K | $253K | $-19,183 | $9K | — | View 990 |
| 2018 | $89K | $207K | $130K | $8K | — | View 990 |
| 2017 | $94K | $144K | $247K | $8K | — | View 990 |
| 2016 | $74K | $97K | $290K | $8K | — | View 990 |
| 2015 | $88K | $96K | $313K | $7K | — | View 990 |
| 2014 | $77K | $95K | $327K | $6K | — | View 990 |
| 2013 | $130K | $83K | $343K | $4K | — | View 990 |
| 2012 | $110K | $96K | $295K | $3K | — | View 990 |
| 2011 | $107K | $74K | $281K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $118K, expenses of $125K, and assets of $408K (revenue +12.3% year-over-year).
- 2023: Revenue of $105K, expenses of $131K, and assets of $405K (revenue -24.0% year-over-year).
- 2022: Revenue of $138K, expenses of $97K, and assets of $431K (revenue +24.7% year-over-year).
- 2021: Revenue of $111K, expenses of $85K, and assets of $390K (revenue -16.2% year-over-year).
- 2020: Revenue of $132K, expenses of $243K, and assets of $-129,635 (revenue +18.5% year-over-year).
- 2019: Revenue of $112K, expenses of $253K, and assets of $-19,183 (revenue +25.3% year-over-year).
- 2018: Revenue of $89K, expenses of $207K, and assets of $130K (revenue -5.1% year-over-year).
- 2017: Revenue of $94K, expenses of $144K, and assets of $247K (revenue +26.8% year-over-year).
- 2016: Revenue of $74K, expenses of $97K, and assets of $290K (revenue -15.8% year-over-year).
- 2015: Revenue of $88K, expenses of $96K, and assets of $313K (revenue +13.8% year-over-year).
- 2014: Revenue of $77K, expenses of $95K, and assets of $327K (revenue -40.6% year-over-year).
- 2013: Revenue of $130K, expenses of $83K, and assets of $343K (revenue +18.1% year-over-year).
- 2012: Revenue of $110K, expenses of $96K, and assets of $295K (revenue +3.3% year-over-year).
- 2011: Revenue of $107K, expenses of $74K, and assets of $281K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paynesville Community Service Center Inc:
Data Sources and Methodology
This transparency report for Paynesville Community Service Center 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.