Payee Plus EIN 27-2682973

Payee Plus

EIN  27-2682973 Public charity (501(c)(3)) Worthington, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Manage government benefits for children and adults with developmental disabilities.
Leadership
Wendy Putka · Executive Director · $61K
Money in and out
$168K revenue, $153K expenses
Bottom line
100% program efficiency

Manage government benefits for children and adults with developmental disabilities. For fiscal year 2024 it reported $168K in revenue, $153K in expenses, and $23K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$168K
Pt VIII · Ln 12
Total expenses
$153K
Pt IX · Ln 25
Net assets
$23K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate▼ -91% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▼ -71% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$168K
FY2024▼ -1%
Total revenue
$168K
Pt VIII · Ln 12
Total expenses
$153K
Pt IX · Ln 25
Net assets
$23K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$23K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $153K of program spending, described in the organization's own filed words · FY2024.
01

We are appointed representative payee by the Social Security Administration because they have determined that the individual isnt able to manage their benefits.

$153Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPayee Plus
EINHdr · item D27-2682973
Principal addressHdr · item CWorthington, OH
WebsiteHdr · item Jwww.payeeplus.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80)
Ruling yearIRS BMFMar 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$60,637Pt VII · Sec A
Assistance
$24,801Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Wendy Putka$60,637$58,705$54,356$51,768$51,108
Jennie Dedmon$24,801$20,018$19,776$19,932$20,258
Michael Smith$1,013$2,267

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue100%$168K
Total revenueLn 12$168K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$153K
Total functional expensesLn 25$153K

Balance Sheet

Part X · end of year
CashLn 1$23K
Total assetsLn 16$23K
Total liabilitiesLn 26$0
Total net assetsLn 32$23K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $23K · Operating expenses/yr $153K
1.8 months
Where the money goes
Program services
Program services $153K · Total expenses $153K
100%
Management & General
Management & general $0 · Total expenses $153K
0%
Fundraising
Fundraising $0 · Total expenses $153K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $168K
0%
Government reliance
Government grants $0 · Total revenue $168K
0%
Earned-income share
Program service revenue $168K · Total revenue $168K
100%
Investment reliance
Investment income $0 · Total revenue $168K
0%
Program self-sufficiency
Program service revenue $168K · Total expenses $153K
109%
Growth & trend
Revenue growth (YoY)
This year $168K · Prior year $169K
-1%
Revenue CAGR
FY2020 $176K · FY2024 $168K
-1%
Net-asset trend (YoY)
End of year $23K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $168K · Expenses $153K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $23K
Net-asset ratio
Net assets $23K · Total assets $23K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $23K
0%
People & payroll
Highest Reported Total Compensation
Individual Wendy Putka · Reported title Executive Director · Highest reported compensation $61K · Total expenses $153K
40%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $95K · Total expenses $153K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth -1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$168K revenue · viewing · ⤓ 990 PDF
FY2023$169K revenue · ⤓ 990 PDF
FY2022$170K revenue · ⤓ 990 PDF
FY2021$166K revenue · ⤓ 990 PDF
FY2020$176K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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