Panhandle Aids Support Organization Inc
- Assets
- $2.0m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 10
- Location
- Amarillo, TX
- Founding
- 01/1989
- Data as of
- 12/2022
- EIN
- 75-2219593
Organization Overview
Panhandle Aids Support Organization Inc is located in Amarillo, TX. The organization was established in 1989. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Panhandle Aids Support Organization Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panhandle Aids Support Organization Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Panhandle Aids Support Organization Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 21.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 326 INDIVIDUALS INCLUDING 100 INDIVIDUALS THROUGH ITS 340B DRUG PRICING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Timcisko Executive Di | Officer | 40 | $86,192 |
Carl Arthur President | OfficerTrustee | 2.5 | $0 |
Bonnie Brodeur Vice Preside | OfficerTrustee | 2.5 | $0 |
Dr Nichol Dolby Secretary | OfficerTrustee | 2.5 | $0 |
Laci Scott Treasurer | OfficerTrustee | 2.5 | $0 |
Jonas Rios Director | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $863,303 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $878,484 |
| Total Program Service Revenue | $2,355,475 |
| Investment income | $7,461 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,025 |
| Net Gain/Loss on Asset Sales | $27,503 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,272,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,230,651 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,192 |
| Compensation of current officers, directors, key employees. | $4,310 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $310,381 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,849 |
| Payroll taxes | $143,930 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,520 |
| Office expenses | $2,317 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,808 |
| Travel | $9,349 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,896 |
| Insurance | $13,645 |
| All other expenses | $12,535 |
| Total functional expenses | $3,044,293 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,206 |
| Savings and temporary cash investments | $1,006,044 |
| Pledges and grants receivable | $388,136 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,089 |
| Net Land, buildings, and equipment | $130,744 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,019,219 |
| Accounts payable and accrued expenses | $78,054 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $78,054 |
| Net assets without donor restrictions | $159,969 |
| Net assets with donor restrictions | $1,781,196 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,019,219 |