Pi-tap Inc

Nonprofit profile at a glance

EIN
844231111
IRS 990-EZ coverage
2021–2023
Forms available
Form 990 2020, Form 990-EZ 2023
Location
Cambridge, MA, USA
Phone
7812679122
Rating confidence
Limited
Sector
Job Training

Reported finances

Revenue
$0
Expenses
$736
Assets
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • KARENE-SEAN E HINES (President)
  • KARENE-SEAN E HINES (EXECUTIVE DIRECTOR)

People named in this filing

  • KARENE-SEAN E HINES (President)
  • DAVID CARNES (Secretary)
  • ANDOLINE HENDRICKS (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To provide workforce development and educational services; to provide training in hard and soft skills to change lives and launch careers in the technology industry and positively impact teens, parents and adults in transition

What it reported doing in 2023

Provide workforce development and educational skills services

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 30
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 81.2%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -133.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -100% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -101% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 81.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $598 in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

Key Signals

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

  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.