Personal Assistance Options

Is Personal Assistance Options Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Personal Assistance Options directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Personal Assistance Options

Personal Assistance Options (EIN: 10630527) is a nonprofit organization based in Midland, MI, classified under NTEE code P44. The organization reported total revenue of $3.3M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Personal Assistance Options'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 Personal Assistance Options with a Mission Score of 92 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: 7%
• programs: 90%
• fundraising: 3%

According to IRS 990 filings, Personal Assistance Options allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under other expense categories, though the former is more likely given the consistent reporting.

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 Personal Assistance Options's IRS 990 filings:

• Potential for miscategorization of executive compensation if not truly zero, though consistent reporting suggests otherwise.

Strengths

The following positive indicators were identified for Personal Assistance Options:

• Consistent reporting of 0% officer compensation, indicating high efficiency and dedication to mission.
• Significant growth in net assets from $299,058 in 201909 to $808,229 in 202309.
• Stable and growing revenue stream, increasing from $2,528,229 in 201909 to $3,707,943 in 202309.
• Strong program focus implied by the lack of executive compensation and consistent financial operations.

Frequently Asked Questions about Personal Assistance Options

Filing History

IRS 990 filing history for Personal Assistance Options showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Personal Assistance Options's revenue has grown by 27.9%, moving from $2.9M to $3.7M. Total assets increased by 351.3% over the same period, from $332K to $1.5M. Total functional expenses rose by 35.7%, from $2.8M to $3.7M. In its most recent filing year (2023), Personal Assistance Options reported a deficit of $35K, with expenses exceeding revenue. The organization holds $689K in liabilities against $1.5M in assets (debt-to-asset ratio: 46.0%), resulting in net assets of $808K.

Year-by-Year Financial Summary

• 2023: Revenue of $3.7M, expenses of $3.7M, and assets of $1.5M (revenue -1.1% year-over-year).
• 2022: Revenue of $3.7M, expenses of $3.6M, and assets of $1.4M (revenue +8.8% year-over-year).
• 2021: Revenue of $3.4M, expenses of $3.5M, and assets of $1.2M (revenue -2.5% year-over-year).
• 2020: Revenue of $3.5M, expenses of $3.0M, and assets of $1.3M (revenue +39.7% year-over-year).
• 2019: Revenue of $2.5M, expenses of $2.5M, and assets of $717K (revenue +14.3% year-over-year).
• 2018: Revenue of $2.2M, expenses of $2.3M, and assets of $629K (revenue -0.9% year-over-year).
• 2017: Revenue of $2.2M, expenses of $2.3M, and assets of $667K (revenue +11.4% year-over-year).
• 2016: Revenue of $2.0M, expenses of $2.1M, and assets of $710K (revenue -3.6% year-over-year).
• 2015: Revenue of $2.1M, expenses of $2.2M, and assets of $749K (revenue -20.7% year-over-year).
• 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $912K (revenue -13.0% year-over-year).
• 2013: Revenue of $3.0M, expenses of $2.8M, and assets of $732K (revenue -1.9% year-over-year).
• 2012: Revenue of $3.1M, expenses of $2.9M, and assets of $588K (revenue +6.1% year-over-year).
• 2011: Revenue of $2.9M, expenses of $2.8M, and assets of $332K.

Data Sources and Methodology

This transparency report for Personal Assistance Options 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.