People Projects To Empower & Organize The Psy Labeled Inc
People Projects To Empower & Organize The Psy Labeled Inc shows consistent growth but recent filings indicate expenses exceeding revenue.
EIN: 141737675 · Poughkeepsie, NY · NTEE: R20Z · Updated: 2026-03-28
About People Projects To Empower & Organize The Psy Labeled Inc
People Projects To Empower & Organize The Psy Labeled Inc (EIN: 141737675) is a nonprofit organization based in Poughkeepsie, NY, classified under NTEE code R20Z. The organization reported total revenue of $11.5M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of People Projects To Empower & Organize The Psy Labeled Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates People Projects To Empower & Organize The Psy Labeled Inc with a Mission Score of 78 out of 100 (Good). 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, People Projects To Empower & Organize The Psy Labeled 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive salaries are categorized differently, which enhances the perception of resources being directed towards programs.
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 People Projects To Empower & Organize The Psy Labeled Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (202312: $10,338,631 expenses vs. $9,629,760 revenue; 202212: $8,940,281 expenses vs. $8,519,345 revenue).
- Significant increase in liabilities from $295,461 in 2014 to $2,608,744 in 2023, which warrants monitoring relative to asset growth and operational cash flow.
Strengths
The following positive indicators were identified for People Projects To Empower & Organize The Psy Labeled Inc:
- Consistent and substantial revenue growth over the past decade, from $2.6M in 2014 to $9.6M in 2023, indicating strong program demand and fundraising capabilities.
- Significant asset growth from $585,148 in 2014 to $3,156,270 in 2023, building organizational capacity.
- No reported officer compensation across all available filings, suggesting efficient use of funds for mission-related activities.
- Long filing history (13 filings) demonstrates consistent compliance and operational longevity.
Frequently Asked Questions about People Projects To Empower & Organize The Psy Labeled Inc
Is People Projects To Empower & Organize The Psy Labeled Inc financially stable?
While the organization has shown consistent revenue and asset growth, recent filings (202312 and 202212) indicate expenses exceeding revenue, leading to annual deficits. This trend, if continued, could impact long-term financial stability, despite growing assets.
How has the organization's size changed over time?
The organization has experienced significant growth, with revenue increasing from $2,662,404 in 2014 to $9,629,760 in 2023, and assets growing from $585,148 to $3,156,270 over the same period.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, which is a strong indicator of either volunteer executive leadership or that executive compensation is not reported under this specific line item.
Are there any concerns about the organization's liabilities?
Liabilities have grown significantly alongside assets and operations, from $295,461 in 2014 to $2,608,744 in 2023. While growth in liabilities can be normal for an expanding organization, it's important to ensure these are manageable relative to assets and cash flow.
Filing History
IRS 990 filing history for People Projects To Empower & Organize The Psy Labeled Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), People Projects To Empower & Organize The Psy Labeled Inc's revenue has grown by 494.3%, moving from $1.6M to $9.6M. Total assets increased by 991.8% over the same period, from $289K to $3.2M. Total functional expenses rose by 540.9%, from $1.6M to $10.3M. In its most recent filing year (2023), People Projects To Empower & Organize The Psy Labeled Inc reported a deficit of $709K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $3.2M in assets (debt-to-asset ratio: 82.7%), resulting in net assets of $548K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.6M | $10.3M | $3.2M | $2.6M | — | View 990 |
| 2022 | $8.5M | $8.9M | $3.6M | $2.7M | — | View 990 |
| 2021 | $6.8M | $6.8M | $2.9M | $1.6M | — | View 990 |
| 2020 | $5.5M | $5.2M | $2.2M | $846K | — | View 990 |
| 2019 | $5.0M | $4.8M | $1.8M | $672K | — | View 990 |
| 2018 | $4.3M | $4.2M | $1.5M | $649K | — | View 990 |
| 2017 | $4.1M | $4.0M | $1.2M | $563K | — | View 990 |
| 2016 | $3.7M | $3.6M | $858K | $346K | — | View 990 |
| 2015 | $3.3M | $3.3M | $844K | $520K | — | View 990 |
| 2014 | $2.7M | $2.6M | $585K | $295K | — | View 990 |
| 2013 | $2.3M | $2.2M | $525K | $313K | — | View 990 |
| 2012 | $2.2M | $2.2M | $454K | $278K | — | View 990 |
| 2011 | $1.6M | $1.6M | $289K | $196K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.6M, expenses of $10.3M, and assets of $3.2M (revenue +13.0% year-over-year).
- 2022: Revenue of $8.5M, expenses of $8.9M, and assets of $3.6M (revenue +24.7% year-over-year).
- 2021: Revenue of $6.8M, expenses of $6.8M, and assets of $2.9M (revenue +24.5% year-over-year).
- 2020: Revenue of $5.5M, expenses of $5.2M, and assets of $2.2M (revenue +9.4% year-over-year).
- 2019: Revenue of $5.0M, expenses of $4.8M, and assets of $1.8M (revenue +16.0% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.2M, and assets of $1.5M (revenue +4.6% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.0M, and assets of $1.2M (revenue +10.4% year-over-year).
- 2016: Revenue of $3.7M, expenses of $3.6M, and assets of $858K (revenue +12.7% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.3M, and assets of $844K (revenue +24.8% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.6M, and assets of $585K (revenue +17.1% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $525K (revenue +1.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $454K (revenue +38.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $289K.
Data Sources and Methodology
This transparency report for People Projects To Empower & Organize The Psy Labeled 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.