AREA PAYEE SERVICES INC

EIN: 204797670 501(c)(3) Human Services

CEDAR RAPIDS, IA

Total Revenue
$208,719
Total Expenses
$196,722
Total Assets
$184,964
Net Assets
$184,964
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IA
Principal Officer
KELLY HAACK
Phone
3195515069
Tax Period
2023-01-01 to 2023-12-31

AREA PAYEE SERVICES INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $209K in total revenue in fiscal year 2023. Expenses of $197K left a modest 6% surplus.

Mission

PAYEE SERVICES FOR HANDICAPPED PERSONS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $208,719
Investment Income $0
Other Revenue $0
TOTAL REVENUE $208,719

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,399
Fundraising Expenses $0
Program Expenses $196,722
Other Expenses $117,323
TOTAL EXPENSES $196,722

Year-over-Year Comparison

2023 2022 Change
Revenue $208,719 $195,045 +0.1%
Expenses $196,722 $178,473 +0.1%
Net Income $11,997 $16,572 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
4

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMIAH CLARK DIRECTOR 1.00
Director
$0 $0 $0
KIRK KNICKERBOCKER DIRECTOR 1.00
Director
$0 $0 $0
KELLY HAACK PRESIDENT 15.00
Officer
$0 $0 $0
JOHN O'DONNELL SECRETARY 1.00
Officer
$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
2023 $208,719 $196,722 $184,964 $11,997
2022 $195,045 $178,473 $172,967 $16,572
2021 $185,657 $173,948 $156,395 $11,709
2020 $189,885 $174,161 $144,686 $15,724
2019 $206,167 $194,636 $128,963 $11,531
2018 $211,196 $204,673 $117,432 $6,523
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AREA PAYEE SERVICES INC with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.