Pay It Forward Outreach Corp

Overview

Pay It Forward Outreach Corp is a US-based nonprofit organization primarily focused on empowering family units through educational growth and emotional support. The mission of the organization is to help families achieve stability and enhance their self-worth. It operates under the Human Services category, specifically in multipurpose and other services including gift distribution, as classified by the National Taxonomy of Exempt Entities (NTEE).

Financial Information

As of the fiscal year ending December 2023, Pay It Forward Outreach Corp reported a revenue of $113,000 and expenses amounting to $91,200. The organization's total assets were valued at $245,000, with liabilities totaling $1,590[1].

Historically, the organization's revenue has been primarily derived from program services and contributions. For example, in the fiscal year ending December 2019, contributions accounted for 27.1% of total revenue, while program services made up about 68.9%[1].

Governance and Compensation

Key personnel have varied over the years, with some positions receiving compensation. For instance, in 2019, Bonnie Vitale, serving as COO, received compensation totaling $20,500, while other officers, including Brenda Adams and Rhonda Buckner, did not receive any compensation[1].

Legal Status

Pay It Forward Outreach Corp is designated as a tax-exempt organization under one of the subsections of section 501(c) of the US tax code. Donations to the organization are tax-deductible, which encourages public support for its mission[1].

Public Profile

The organization maintains a public presence through its activities and mission, which focus on enhancing family stability and well-being. While detailed specific programs or services are not widely documented, the core objective is centered around family empowerment and support[5].

References

External Links

• ProPublica Nonprofit Explorer: ProPublica
• Charity Navigator Profile: Charity Navigator
• Great Nonprofits Profile: Great Nonprofits