Pssi Washington Inc
PSSI Washington Inc. maintains strong asset base with no reported officer compensation, despite fluctuating revenues and occasional operating deficits.
EIN: 113792466 · Bethesda, MD · NTEE: O41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $644K |
| Total Expenses | $538K |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Pssi Washington Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pssi Washington Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pssi Washington Inc
Pssi Washington Inc (EIN: 113792466) is a nonprofit organization based in Bethesda, MD, classified under NTEE code O41. The organization reported total revenue of $644K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pssi Washington Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pssi Washington Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $519K |
| Total Expenses | $538K |
| Surplus / Deficit | $-19,070 |
| Total Assets | $1.2M |
| Total Liabilities | $5K |
| Net Assets | $1.2M |
| Operating Margin | -3.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 25.8 months |
Financial Health Grade: B
In 2023, Pssi Washington Inc reported a deficit of $19K with expenses exceeding revenue, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pssi Washington Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +281.4% | +18.0% | -0.7% |
| 2022 | -84.2% | +21.6% | -21.8% |
| 2021 | -4.1% | +0.9% | +41.7% |
| 2020 | +29.2% | +6.5% | +124.9% |
| 2019 | +122.4% | +72.0% | +277.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Pssi Washington 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, Pssi Washington 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 deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through means not categorized as officer compensation, which is a positive sign for resource allocation relative to the organization's size.
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 Pssi Washington Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($538,367 expenses vs. $519,297 revenue) and 2022 ($456,393 expenses vs. $136,153 revenue), indicating operating deficits in those periods.
- Significant year-over-year revenue volatility, such as the drop from $859,716 in 2021 to $136,153 in 2022, could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Pssi Washington Inc:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating efficient use of funds at the leadership level.
- Strong and growing asset base, reaching $1,159,538 in 2023, demonstrating financial stability and capacity.
- Long history of IRS 990 filings (13 filings), indicating a high level of transparency and compliance.
- Low liabilities relative to assets, with liabilities at $4,869 in 2023, suggesting good financial management and low debt burden.
Frequently Asked Questions about Pssi Washington Inc
Is Pssi Washington Inc a legitimate charity?
Pssi Washington Inc (EIN: 113792466) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $644K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Pssi Washington Inc spend its money?
Pssi Washington Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pssi Washington Inc tax-deductible?
Pssi Washington Inc is registered as a tax-exempt nonprofit (EIN: 113792466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pssi Washington Inc's spending goes to programs?
Pssi Washington Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pssi Washington Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pssi Washington Inc is above average for NTEE category O41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pssi Washington Inc located?
Pssi Washington Inc is headquartered in Bethesda, Maryland and files with the IRS under EIN 113792466. It is classified under NTEE code O41.
How many years of IRS 990 filings does Pssi Washington Inc have?
Pssi Washington Inc has 13 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 $644K in total revenue.
Is Pssi Washington Inc a good charity?
Based on the available data, PSSI Washington Inc. appears to be a good charity. It consistently maintains a strong asset base, has a long history of IRS 990 filings indicating transparency, and notably reports 0% officer compensation, suggesting efficient use of funds at the leadership level.
What is the trend in PSSI Washington Inc.'s revenue?
PSSI Washington Inc.'s revenue has fluctuated significantly over the past five years, peaking at $896,482 in 2020, then decreasing to $136,153 in 2022, and recovering to $519,297 in 2023. This indicates variability in its funding sources.
How does PSSI Washington Inc.'s asset growth compare to its revenue?
PSSI Washington Inc. has shown substantial asset growth, from $12,360 in 2016 to $1,159,538 in 2023, even during periods of revenue fluctuation. This suggests effective asset management and accumulation, potentially through strong fundraising or investment returns.
Filing History
IRS 990 filing history for Pssi Washington Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pssi Washington Inc's revenue has grown by 453.9%, moving from $94K to $519K. Total assets increased by 19104% over the same period, from $6K to $1.2M. Total functional expenses rose by 406.2%, from $106K to $538K. In its most recent filing year (2023), Pssi Washington Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $5K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $519K | $538K | $1.2M | $5K | — | — |
| 2022 | $136K | $456K | $1.2M | $147 | — | View 990 |
| 2021 | $860K | $375K | $1.5M | $5K | — | View 990 |
| 2020 | $896K | $372K | $1.1M | $56K | — | View 990 |
| 2019 | $694K | $349K | $469K | $147 | — | View 990 |
| 2018 | $312K | $203K | $124K | $147 | — | View 990 |
| 2017 | $155K | $152K | $15K | $147 | — | View 990 |
| 2016 | $82K | $123K | $12K | $147 | — | View 990 |
| 2015 | $202K | $167K | $53K | $0 | — | View 990 |
| 2014 | $242K | $332K | $18K | $0 | — | View 990 |
| 2013 | $146K | $42K | $109K | $0 | — | View 990 |
| 2012 | $151K | $153K | $6K | $1K | — | View 990 |
| 2011 | $94K | $106K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $519K, expenses of $538K, and assets of $1.2M (revenue +281.4% year-over-year).
- 2022: Revenue of $136K, expenses of $456K, and assets of $1.2M (revenue -84.2% year-over-year).
- 2021: Revenue of $860K, expenses of $375K, and assets of $1.5M (revenue -4.1% year-over-year).
- 2020: Revenue of $896K, expenses of $372K, and assets of $1.1M (revenue +29.2% year-over-year).
- 2019: Revenue of $694K, expenses of $349K, and assets of $469K (revenue +122.4% year-over-year).
- 2018: Revenue of $312K, expenses of $203K, and assets of $124K (revenue +101.3% year-over-year).
- 2017: Revenue of $155K, expenses of $152K, and assets of $15K (revenue +89.0% year-over-year).
- 2016: Revenue of $82K, expenses of $123K, and assets of $12K (revenue -59.4% year-over-year).
- 2015: Revenue of $202K, expenses of $167K, and assets of $53K (revenue -16.3% year-over-year).
- 2014: Revenue of $242K, expenses of $332K, and assets of $18K (revenue +65.6% year-over-year).
- 2013: Revenue of $146K, expenses of $42K, and assets of $109K (revenue -3.5% year-over-year).
- 2012: Revenue of $151K, expenses of $153K, and assets of $6K (revenue +61.3% year-over-year).
- 2011: Revenue of $94K, expenses of $106K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pssi Washington Inc:
Data Sources and Methodology
This transparency report for Pssi Washington 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.