Api Fund for Payroll Education INC FY2023 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $5,356 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

To instruct and educate about sound Payroll management practices and current laws and regulations.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$3.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $2.1M a year · 22% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.7M
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.5M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.7M
-2% vs prior year
Spent
$12.9M
To programs
71%
Net assets
$13.2M
By yearFY2020–FY2024
Revenue
$10.7M
FY2023▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.5M
FY2021$7.8M
FY2022$10.9M
FY2023$10.7M
FY2024$11.9M
Expenses
$12.9M
FY2023▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.8M
FY2021$10.8M
FY2022$12.3M
FY2023$12.9M
FY2024$12.6M
Net assets
$13.2M
FY2023▼ -30%
Tap a bar for its year
Net assets by fiscal year
FY2020$14.0M
FY2021$20.2M
FY2022$18.8M
FY2023$13.2M
FY2024$12.5M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $9.1M Management & general 26% · $3.3M Fundraising 4% · $470K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

24 people listed on the 990; $3.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$2,449,964Pt VII · Sec A
Chief Operating Officer
$314,025Pt VII · Sec A
Senior Director of Education Services
$172,851Pt VII · Sec A
Director of Strategic Initiatives
$139,671Pt VII · Sec A
Financial Controller
$125,337Pt VII · Sec A
Chief Professional Development Officer
$119,770Pt VII · Sec A
Senior Director of Marketing
$102,129Pt VII · Sec A
Senior Director of Technology and Certification
$96,575Pt VII · Sec A

Daniel J Maddux’s $2.4M as Executive Director is at the 100th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel J Maddux$2,437,635$2,449,964——$1,529,457
Daniel Maddux——$1,960,703$1,911,354—
Tammy Trascher$92,629$314,025$299,651$295,837$215,015
Daniel Dycus$181,837$172,851$94,900$104,608$91,628
Michael Savelli$179,073————
Barbara Vander———$154,380$9,944
Nathan North$111,455$139,671———
Zack Wright$117,718$96,575$111,865$128,492—

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.

See Api Fund for Payroll Education INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides payroll management education through week-long classes, an annual conference, and specialized seminars focusing on industry practices, laws, and regulations.

Questions for Api Fund for Payroll Education INC

Tap to ask. Api Fund for Payroll Education INC sees how many people are interested.

Your first name shows with your question. Api Fund for Payroll Education INC answers here, for everyone.

1 program · $9.1M · in their own filed words · FY2023
01

Various learning center classes which are week long concentrated educational activities. Annual conference which offers over 125 educational classes. Several small specialized mini-conferences that focus on specific industries or processes.

$9.1Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$10.7M
Ln 12
Fees for servicesLn 2g$9.8M
Other incomeLn 4–11$869K
Money outPt IX
$12.9M
Ln 25
Programscol B$9.1M
Managementcol C$3.3M
Fundraisingcol D$470K
Owns and owesPt X
$13.2M
net assets · Ln 32
Cash and savingsLn 1–2$5.7M
Total assetsLn 16$14.7M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
24
listed · VII A
PaidVII A14
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$9.8M
Other incomeLn 4–11$869K
Total revenueLn 12$10.7M
Assets in detailPt X, end of year
CashLn 1$5.7M
Cash and savings togetherLn 1–2$5.7M
Land, buildings, equipmentLn 10c$282K
Other assetsLn 15$6.7M
Total assetsLn 16$14.7M
LiabilitiesLn 26$1.5M
Net assetsLn 32$13.2M
OperationsPt I, VI
EmployeesI 5116
VolunteersI 6600
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$5.6M$5.7M
Land, buildings, equipmentLn 10c$279K$282K
Total assetsLn 16$19.7M$14.7M
LiabilitiesLn 26$929K$1.5M
Net assetsLn 32$18.8M$13.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$3.7M$2.7M$886K$136K
Other salaries and wagesLn 7$1.7M$1.2M$400K$61K
Pension plan contributionsLn 8$243K$176K$58K$9K
Other employee benefitsLn 9$1.6M$1.2M$388K$60K
Legal feesLn 11b$9K$589$8K
Accounting feesLn 11c$128K$128K
Other fees for servicesLn 11g$309K$224K$74K$11K
Advertising and promotionLn 12$68K$49K$16K$2K
Office expensesLn 13$423K$308K$99K$16K
Information technologyLn 14$278K$112K$154K$12K
OccupancyLn 16$1.8M$1.3M$438K$67K
TravelLn 17$231K$145K$74K$12K
Conferences, conventions and meetingsLn 19$2.3M$1.6M$545K$84K
InterestLn 20$3K$3K
Depreciation, depletion and amortizationLn 22$113K$92K$21K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$12.9M$9.1M$3.3M$470K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 7, 2025 $11.9M$12.6M−$677K$12.5M 990 PDF
FY2023 ViewingFiled with the IRS Nov 15, 2024 $10.7M$12.9M−$2.2M$13.2M 990 PDF
FY2022Filed with the IRS Oct 31, 2023 $10.9M$12.3M−$1.4M$18.8M 990 PDF
FY2021Filed with the IRS Nov 4, 2022 $7.8M$10.8M−$3.1M$20.2M 990 PDF
FY2020Filed with the IRS Nov 13, 2021 $6.5M$9.8M−$3.3M$14.0M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $10,711,979 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $9,302,300$9,842,671
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $1,592,509$869,308
I-12 Total revenuePrior year $10,894,809$10,711,979
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $7,346,105$7,216,375
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,919,594$5,654,307
I-18 Total expensesPrior year $12,265,699$12,870,682
I-19 Revenue less expensesPrior year −$1,370,890−$2,158,703
Part VI · Governance 9 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,711,979 across 5 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,842,671$9,842,671
VIII-6 Net rental income or lossExcluded from tax $10,550$10,550
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $233,000 · Excluded from tax $625,758$858,758
VIII-12 Total revenueRelated to mission $9,842,671 · Unrelated business $233,000 · Excluded from tax $636,308$10,711,979
Part IX · Statement of functional expenses $12,870,682 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $2,669,122 · Management $885,753 · Fundraising $135,892$3,690,767
IX-7 Other salaries and wagesPrograms $1,204,316 · Management $399,655 · Fundraising $61,315$1,665,286
IX-8 Pension plan contributionsPrograms $175,881 · Management $58,366 · Fundraising $8,955$243,202
IX-9 Other employee benefitsPrograms $1,169,484 · Management $388,095 · Fundraising $59,541$1,617,120
IX-11b Legal feesPrograms $589 · Management $8,366$8,955
IX-11c Accounting feesManagement $128,446$128,446
IX-11g Other fees for servicesPrograms $223,724 · Management $74,243 · Fundraising $11,390$309,357
IX-12 Advertising and promotionPrograms $48,943 · Management $16,242 · Fundraising $2,492$67,677
IX-13 Office expensesPrograms $307,778 · Management $99,413 · Fundraising $15,669$422,860
IX-14 Information technologyPrograms $112,017 · Management $153,582 · Fundraising $12,059$277,658
IX-16 OccupancyPrograms $1,318,564 · Management $437,568 · Fundraising $67,132$1,823,264
IX-17 TravelPrograms $145,097 · Management $73,963 · Fundraising $11,990$231,050
IX-19 Conferences, conventions and meetingsPrograms $1,641,020 · Management $544,576 · Fundraising $83,549$2,269,145
IX-20 InterestManagement $2,724$2,724
IX-22 Depreciation, depletion and amortizationPrograms $91,902 · Management $21,269$113,171
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $9,108,437 · Management $3,292,261 · Fundraising $469,984$12,870,682
Part X · Balance sheet $14,735,337 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $5,641,112$5,667,538
X-4 Accounts receivableStart of year $1,962,327$1,734,028
X-8 Inventories for sale or useStart of year $24,887$33,484
X-9 Prepaid expenses and deferred chargesStart of year $320,554$348,468
X-10c Land, buildings and equipment, netStart of year $279,126$282,225
X-15 Other assetsStart of year $11,509,831$6,669,594
X-16 Total assetsStart of year $19,737,837$14,735,337
X-17 Accounts payable and accrued expensesStart of year $166,220$268,691
X-19 Deferred revenueStart of year $753,175$1,166,621
X-24 Unsecured notes and loans payableStart of year $9,490$21,007
X-25 Other liabilitiesStart of year $0$81,907
X-26 Total liabilitiesStart of year $928,885$1,538,226
X-27 Net assets without donor restrictionsStart of year $18,808,952$13,197,111
X-32 Total net assets or fund balancesStart of year $18,808,952$13,197,111
X-33 Total liabilities and net assetsStart of year $19,737,837$14,735,337
Part XI · Reconciliation of net assets $13,197,111 net assets at year end
XI-1 Total revenue$10,711,979
XI-2 Total expenses$12,870,682
XI-3 Revenue less expenses−$2,158,703
XI-4 Net assets at start of year$18,808,952
XI-9 Other changes in net assets−$3,453,138
XI-10 Net assets at end of year$13,197,111

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.