Political Asylum Immigration Representation Project Inc

Is Political Asylum Immigration Representation Project Inc Legit?

Appears Legitimate

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

Political Asylum Immigration Representation Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Political Asylum Immigration Representation Project Inc

Political Asylum Immigration Representation Project Inc (EIN: 223003501) is a nonprofit organization based in Boston, MA, classified under NTEE code I80Z. The organization reported total revenue of $2.6M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Political Asylum Immigration Representation Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Political Asylum Immigration Representation Project Inc is a mid-size nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Political Asylum Immigration Representation Project Inc reported a surplus of $352K with revenue exceeding expenses, holds 24.2 months of operating reserves (strong position), has a debt-to-asset ratio of 16.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Political Asylum Immigration Representation Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.

IRS Tax-Exempt Classification

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 Political Asylum Immigration Representation Project 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, Political Asylum Immigration Representation Project 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 (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $352K, with revenue exceeding expenses.
• Debt-to-asset ratio: 16.5%.

Executive Compensation Analysis

Executive compensation is not explicitly detailed in the provided data, as 'c0%' is consistently reported across all years, suggesting either no reportable compensation or that it falls below IRS reporting thresholds for key employees.

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 Political Asylum Immigration Representation Project Inc:

• Consistent revenue growth over the past seven years, indicating strong donor support and program expansion.
• High percentage of expenses dedicated to programs (85%), demonstrating a strong commitment to its mission.
• Significant increase in assets, from $348,360 in 2016 to $3,453,263 in 2023, enhancing long-term financial stability.
• Low administrative and fundraising overhead, maximizing resources for direct services.

Frequently Asked Questions about Political Asylum Immigration Representation Project Inc

Filing History

IRS 990 filing history for Political Asylum Immigration Representation Project Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Political Asylum Immigration Representation Project Inc's revenue has grown by 408.9%, moving from $406K to $2.1M. Total assets increased by 1745.8% over the same period, from $187K to $3.5M. Total functional expenses rose by 292.8%, from $437K to $1.7M. In its most recent filing year (2023), Political Asylum Immigration Representation Project Inc reported a surplus of $352K, with revenue exceeding expenses. The organization holds $569K in liabilities against $3.5M in assets (debt-to-asset ratio: 16.5%), resulting in net assets of $2.9M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.1M, expenses of $1.7M, and assets of $3.5M (revenue +20.8% year-over-year).
• 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $2.7M (revenue -2.1% year-over-year).
• 2021: Revenue of $1.7M, expenses of $1.3M, and assets of $2.6M (revenue +8.8% year-over-year).
• 2020: Revenue of $1.6M, expenses of $1.2M, and assets of $2.0M (revenue +8.8% year-over-year).
• 2019: Revenue of $1.5M, expenses of $952K, and assets of $1.5M (revenue +34.3% year-over-year).
• 2018: Revenue of $1.1M, expenses of $721K, and assets of $947K (revenue +38.3% year-over-year).
• 2017: Revenue of $795K, expenses of $568K, and assets of $571K (revenue +50.9% year-over-year).
• 2016: Revenue of $527K, expenses of $442K, and assets of $348K (revenue +17.5% year-over-year).
• 2015: Revenue of $449K, expenses of $399K, and assets of $269K (revenue +12.7% year-over-year).
• 2014: Revenue of $398K, expenses of $413K, and assets of $213K (revenue -11.9% year-over-year).
• 2013: Revenue of $452K, expenses of $471K, and assets of $240K (revenue -8.9% year-over-year).
• 2012: Revenue of $496K, expenses of $454K, and assets of $235K (revenue +22.0% year-over-year).
• 2011: Revenue of $406K, expenses of $437K, and assets of $187K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Political Asylum Immigration Representation Project Inc:

Data Sources and Methodology

This transparency report for Political Asylum Immigration Representation Project 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.