Reliable Payee Services Inc (EIN 200063447) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Dannielle Spivak

Tax Period

2023-07-01 to 2024-06-30

Reliable Payee Services Inc, founded in 2003, is a small nonprofit in the Human Services sector that reported $514K in total revenue in fiscal year 2023. The organization ran a surplus of $137K, a strong 27% operating margin.

Mission

The organization services approximately 800 individuals. As a payee service, it is appointed to manage Social Security funds for those individuals to pay rent and utilities, issue funds for food, and to pay other miscellaneous expenses.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $507,845

Investment Income $6,630

Other Revenue $0

TOTAL REVENUE $514,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $248,084

Fundraising Expenses $0

Program Expenses $377,364

Other Expenses $129,280

TOTAL EXPENSES $377,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$514,475	$488,750	+0.1%
Expenses	$377,364	$379,438	0.0%
Net Income	$137,111	$109,312	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Bernie Heinchin	Director	Director	$0	$0	$0
Peter Spivak Jr	Vice President	Officer Director	$0	$0	$0
Dannielle Spivak	Executive Director	Officer Director Highest	$0	$0	$0
Dianne Spivak	SecretaryTreasurer	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$514,475	$377,364	$872,682	$137,111
2023	$488,750	$379,438	$866,404	$109,312
2022	$428,524	$358,563	$781,806	$69,961
2021	$394,930	$347,824	$498,527	$47,106
2020	$429,010	$341,483	$570,143	$87,527
2019	$394,901	$339,946	$502,655	$54,955

Reliable Payee Services Inc