Payee Services & Solutions is a 501(c)(3) organization based in Iowa City, Iowa, registered in 2024, with $123,680 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$124K
▲ 7.8% vs prior year
Human Services median: $293K
Expenses (FY2025)
$113K
Net assets
$24K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Payee Services & Solutions— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Payee Services & Solutions: 3 mo reserves · +8% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Payee Services & Solutions— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Payee Services & Solutions: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $64K (FY2021) to $124K (FY2025) across 5 reported years.
Financial snapshot
Operating margin
8.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24K
Total liabilities
$0
Net assets
$24K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $123,680▲7.8% | $113,423▲1.5% | $24,127▲74.0% | $24,127▲74.0% | 990EZ |
| 2024 | $114,728▲11.4% | $111,745▲15.0% | $13,870▲27.4% | $13,870▲27.4% | 990EZ |
| 2023 | $103,018▲21.7% | $97,157▲16.4% | $10,887▲117% | $10,887▲117% | 990EZ |
| 2022 | $84,624▲32.9% | $83,487▲27.4% | $5,026▲29.2% | $5,026▲29.2% | 990EZ |
| 2021 | $63,680 | $65,557 | $3,889 | $3,889 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Payee Services & Solutions (EIN 27-0046427) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.