PAYEE CENTRAL INC (EIN 542148150) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

John Widmark

Phone

3207630191

Tax Period

2025-01-01 to 2025-12-31

PAYEE CENTRAL INC, founded in 2004, is a small nonprofit in the Human Services sector that reported $432K in total revenue in fiscal year 2025. Expenses of $388K left a modest 10% surplus.

Mission

PAYEE CENTRAL IS A NON PROFIT CORPORATION REQUIRED BY THE SOCIAL SECURITY ADMINISTRATION TO ACT AS A REPRESENTATIVE PAYEE FOR SOCIAL SECURITY & SSI BENEFICIARIES WHO NEED ASSISTANCE.

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $432,317

Investment Income $34

Other Revenue $0

TOTAL REVENUE $432,351

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,035

Fundraising Expenses $0

Program Expenses $386,349

Other Expenses $172,722

TOTAL EXPENSES $387,757

Year-over-Year Comparison

	2025	2024	Change
Revenue	$432,351	$408,174	+0.1%
Expenses	$387,757	$404,574	0.0%
Net Income	$44,594	$3,600	+11.4%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Widmark	President	5.00	Officer Director	$0	$0	$0
Jeff Montgomery	Director	0.50	Director	$0	$0	$0
Jakob Widmark	Director	0.50	Director	$0	$0	$0
David Anderson	Treasurer	0.50	Officer Director	$0	$0	$0
Thomas Klecker	Director	0.50	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	$432,351	$387,757	$33,731	$44,594
2024	$408,174	$404,574	$4,168	$3,600
2023	$387,666	$404,409	$2,567	$-16,743
2022	$355,133	$342,434	$8,890	$12,699
2021	$292,914	$283,101	$35,614	$9,813
2020	$373,003	$358,329	$33,910	$14,674
2019	$352,597	$358,834	$852	$-6,237

PAYEE CENTRAL INC