Pay Our Interns Inc

Nonprofit profile at a glance

EIN
815324800
IRS 990 coverage
2019–2020
Forms available
Form 990 2020, Form 990-N 2018
Location
Washington, DC, USA
Phone
2026707783
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$321,081
Expenses
$240,050
Assets
$141,827
Liabilities
$71,258

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CARLOS VERA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CARLOS VERA (EXECUTIVE DIRECTOR): $24,700 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Pay our interns (poi) seeks to ensure individuals from all backgrounds are represented across industries impacting their communities, and to develop pathways for advancement. In doing so, poi creates a more equitable workforce, more diverse leadership across sectors, and a more just world.

What it reported doing in 2020

Pay our interns fights to ensure all students especialy black, latino/a, and native american students have equitable access to professional career paths through the implementation of paid internships counrtywide. We do so through research, educating employers and students, and sharing the stories of marginalized youth.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 43% for direct work, and 57% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 94
  • Accountability: 84
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.2%; rating input score 55
  • Program expense ratio: 73.8%; rating input score 74
  • Fundraising efficiency: $59.64 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th 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; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.2%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.5; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 10.3%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: -12.2% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 194.1% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 55.2% of revenue deployed · 73.8% of spending went to programs
  • Governance: 4 of 4 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $177K in reported program spending
  • Leadership: top reported pay $25K · 5 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.