Panhandle AIDS Support Organization Inc

Nonprofit profile at a glance

EIN
752219593
IRS 990 coverage
2010–2023
Forms available
Form 990 2023
Location
Amarillo, TX, USA
Phone
8063721050
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Health

Official website

Reported finances

Revenue
$3,645,217
Expenses
$3,626,078
Assets
$2,096,189
Liabilities
$80,873

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • CARL ARTHUR (PRESIDENT)

Highest reported compensation

  • MICHAEL TIMCISKO (EXECUTIVE DI): $103,011 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Paso offers education to the general public and emotional support to those persons infected with HIV disease in the 26 counties of the Texas panhandle. Paso is also a full service community based organization with a case management system which provides referrals to doctors, dentists and optometrists, therapeutic counseling, transportation, respite care, and support groups.

What it reported doing in 2023

Panhandle AIDS support organization, inc. (paso) provides physical, social, economic, and pastoral support to those people of the Texas panhandle who have been infected by human immunodeficiency virus (HIV) or subsequently have contracted acquired immunodeficiency syndrome (AIDS) or an AIDS related condition (arc) and provides education to the medical profession and the general community. As a participant in the 340b drug pricing program, paso receives discounts from private pharmaceutical companies. The discounts are authorized by the AIDS drug assistance program ( adap) manual section 340b as a cost savings measure. Paso may utilize the revenue realized from its participation in the 340b program for core medical services, supporting services, clinical quality management and administrative expenses (including planning and evaluation) as part of a comprehensive system of care for low income individuals living with HIV. Expenditures of accumulated income from the 340b program must be allowable within the program requirements that paso follows for its ryan white part b services, and can include both direct and indirect costs. During 2022 year the organization provided services to 346 individuals including 245 individuals through its 340b drug pricing program.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.8%; rating input score 98
  • Program expense ratio: 97.4%; rating input score 97
  • Fundraising efficiency: $30.53 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.5%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 18.6% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 14.6% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 15.9% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 97.8% of revenue deployed · 97.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.5M in reported program spending
  • Leadership: top reported pay $103K · 12 people listed
  • Highest-paid contractors: 1 contractor listed · $2.2M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.