The Payroll Group Inc (EIN 204139590) - 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

1997

Legal Domicile

Phone

4047893163

Tax Period

2024-01-01 to 2024-12-31

The Payroll Group Inc, founded in 1997, is a small nonprofit in the Community Improvement sector that reported $643K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $770K exceeded revenue, resulting in a 20% operating deficit.

Mission

The Payroll Group brings together independent payroll service providers from across the country to help reduce overhead costs, share success stories and develop common methods to better serve their payroll clients.

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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 (2024)

Revenue Breakdown

Contributions & Grants $338,043

Program Service Revenue $297,342

Investment Income $4,016

Other Revenue $3,425

TOTAL REVENUE $642,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $197,387

Other Expenses $769,816

TOTAL EXPENSES $769,816

Year-over-Year Comparison

	2024	2023	Change
Revenue	$642,826	$540,299	+0.2%
Expenses	$769,816	$394,446	+1.0%
Net Income	$-126,990	$145,853	-1.9%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danny Kline	President	3.00	Director	$0	$0	$0
Rick Fish	Vice President	1.00	Officer Director	$0	$0	$0
Tom Bosman	Past President	3.00	Officer Director	$0	$0	$0
Kelly Koester	Treasurer	1.00	Officer Director	$0	$0	$0
Rebecca Tompkins	Secretary	1.00	Officer Director	$0	$0	$0
Nick Knapp	Member At-Large	1.00	Director	$0	$0	$0
Amanda Palmersheim	Member At-Large	1.00	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
2024	$642,826	$769,816	$416,639	$-126,990
2023	$540,299	$394,446	$444,036	$145,853
2022	$267,909	$275,808	$298,414	$-7,899
2019	$214,717	$185,495	$199,762	$29,222
2018	$173,574	$191,352	$199,363	$-17,778

The Payroll Group Inc