Civic Intelligence

Pathway Caring for Children

990 • Fiscal year 2016 • EIN 23-7244648

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 06, 2017

4895 Dressler Road NWCanton, OH 44718

(330) 493-0083

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.31x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.12x

Higher debt load relative to revenue than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

56th percentile

4.0%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

61st percentile

$83,766

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

83rd percentile

22%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

66th percentile

10%

Faster revenue growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,830,180

Up $172,522 (+10%) from 2014

Net Assets

Down

$1,256,375

Down $27,401 (-2.1%) from 2014

Liabilities

Up

$573,805

Up $199,923 (+53%) from 2014

Revenue

Up

$4,661,431

Up $313,194 (+7.2%) from 2014

Expenses

Up

$4,474,194

Up $110,699 (+2.5%) from 2014

Net Income

Up

$187,237

Up $202,495 (+1327%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,359,358Liabilities 2012: $1,980,840Net Assets 2012: $1,378,5182012Assets 2013: $1,731,840Liabilities 2013: $465,418Net Assets 2013: $1,266,4222013Assets 2014: $1,657,658Liabilities 2014: $373,882Net Assets 2014: $1,283,7762014Assets 2016: $1,830,180Liabilities 2016: $573,805Net Assets 2016: $1,256,3752016Assets 2017: $1,595,467Liabilities 2017: $591,487Net Assets 2017: $1,003,9802017Assets 2018: $1,436,205Liabilities 2018: $511,827Net Assets 2018: $924,3782018Assets 2019: $1,572,328Liabilities 2019: $741,764Net Assets 2019: $830,5642019Assets 2020: $2,420,061Liabilities 2020: $1,616,352Net Assets 2020: $803,7092020Assets 2021: $2,655,860Liabilities 2021: $664,313Net Assets 2021: $1,991,5472021Assets 2022: $2,524,429Liabilities 2022: $401,895Net Assets 2022: $2,122,5342022

Highlighted filing

2016

Assets$1,830,180
Liabilities$573,805
Net Assets$1,256,375

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $4,028,9112012Expenses 2013: $4,318,0382013Revenue 2014: $4,348,237Expenses 2014: $4,363,495Net Income 2014: -$15,2582014Revenue 2016: $4,661,431Expenses 2016: $4,474,194Net Income 2016: $187,2372016Revenue 2017: $4,263,736Expenses 2017: $4,563,350Net Income 2017: -$299,6142017Revenue 2018: $4,579,920Expenses 2018: $4,680,985Net Income 2018: -$101,0652018Revenue 2019: $5,232,774Expenses 2019: $5,328,132Net Income 2019: -$95,3582019Revenue 2020: $6,015,198Expenses 2020: $6,038,656Net Income 2020: -$23,4582020Revenue 2021: $7,435,970Expenses 2021: $6,336,997Net Income 2021: $1,098,9732021Revenue 2022: $6,051,893Expenses 2022: $5,885,472Net Income 2022: $166,4212022

Highlighted filing

2016

Revenue$4,661,431
Expenses$4,474,194
Net Income$187,237
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 6, 2017
Return Version
2015v3.0
Gross Receipts
$4,827,841
Mission and Program Overview

Mission

See Schedule O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$522,256$604,407▲ $82,151
Accounts Receivable$250,491$312,053▲ $61,562
Savings and Temporary Cash Investments$7,345$185,779▲ $178,434
Pledges and Grants Receivable$194,387$185,090▼ $9,297
Cash and Non-Interest-Bearing Accounts$144,615$67,449▼ $77,166
Prepaid Expenses and Deferred Charges$55,772$65,010▲ $9,238
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,497,161$1,830,180▲ $333,019
Other Assets Total$322,295$410,392▲ $88,097
Liabilities
Other Liabilities$197,843$220,250▲ $22,407
Mortgage Notes Payable Secured by Investment Property-$177,504-
Accounts Payable and Accrued Expenses$218,423$176,051▼ $42,372
Total Liabilities$416,266$573,805▲ $157,539
Net Assets / Fund Balance
Unrestricted Net Assets$783,161$937,327▲ $154,166
Permanently Rstr Net Assets$225,875$209,640▼ $16,235
Temporarily Rstr Net Assets$71,859$109,408▲ $37,549
Total Net Assets Fund Balance$1,080,895$1,256,375▲ $175,480
Total Liabilities and Net Assets / Fund Balance$1,497,161$1,830,180▲ $333,019

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$342,763$173,286$516,049
Other Land Buildings$135,300$107,964$243,264
Equipment$33,538$51,874$85,412
Leasehold Improvements$52,806$16,875$69,681
Land$40,000-$40,000
Other Assets Org$22,209--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$295,752$298,584▼ $6,068-$388,183
2014$292,632$12,209▲ $2,348-$295,752
2013$254,658-▲ $39,385-$292,632
2012$227,565-▲ $28,446-$254,658
2011$233,091-▼ $4,323-$227,565
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy TracyExec. DirectorFT$82,007$1,759$83,766

Board Members and Trustees

NameTitle
Matt GregoryPresident
Sue GrabowskiVice President
Andy MoockDirector
Chris ThomazinDirector
Derrick WymanDirector
Diane SchultzDirector
Dr Brigitta MoreseaDirector
Jennifer McNemarDirector
Jim PorterDirector
Karen MayDirector
Kimberly BrickerDirector
Luke VincerDirector
Michael BogdanDirector
Patrick RennerDirector
Renee PowellDirector
Sarah LambosDirector
Shari ShiepisDirector
Patricia WackerlySecretary
Gerhard SchmidtTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Freedom Investments IncRentPO Box 35112, Canton, OH 44735$185,576
Revenue and Support

Revenue Composition

Contributions and Grants
$1,226,823
Program Service Revenue
$3,574,607
Investment Income
$4,193
Other Revenue
$-144,192
All Other Contributions
$519,493
Change in Net Assets
$187,237

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,661,431
Revenue Not Reported on Form 990
$-11,757
Total Revenue per Audited Statements
$4,649,674
Total Revenue per Form 990
$4,661,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,806,195
Other Expenses$1,667,999
Total Fundraising Expense$233,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,839,647$321,939$119,835$2,281,421
Occupancy$272,548$31,631$11,171$315,350
Other Employee Benefits$190,503$27,807$11,464$229,774
Payroll Taxes$155,935$28,175$10,995$195,105
Travel$138,230$13,748$4,128$156,106
All Other Expenses$71,077$7,802$19,075$97,954
Current Officers, Directors, Trustees, and Key Employees$41,883$20,942$20,941$83,766
Insurance$44,821$7,449$2,436$54,706
Depreciation Depletion$36,350$2,185$756$39,291
Advertising$24,146$743$11,160$36,049
Other Expenses$14,307$8,010$8,654$30,971
Fees for Services Other$23,633$4,163$1,901$29,697
Fees for Services Accounting$15,000$5,000$922$20,922
Pension Plan Contributions$13,616$1,777$736$16,129
Office Expenses$6,970$1,013$2,644$10,627
Fees for Services Legal$5,498--$5,498
Interest$939$160$55$1,154
Total Functional Expenses$3,748,460$491,874$233,860$4,474,194

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,474,194
Total Expenses per Audited Statements$4,474,194
Total Expenses per Form 990$4,474,194
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$166,410
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$543,650-$149,913-
Dinner Auction$109,305-$16,497-
Total Events$652,955-$166,410$-166,410
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$220,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The members of the Finance Committee review the Form 990 before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The policy is reviewed with members on an annual basis.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Members of the Executive Committee review the performance of the Executive Director and other top management officials and compare their salaries with independent standards and recommend compensation adjustments based on these criteria.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Pathway Caring For Children
EIN
23-7244648
Phone
3304930083
Address
4895 Dressler Road NW, Canton, OH 44718

Signing Officer

Name
Wendy Tracy
Title
Exec. Director
Signed
2017-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Tracy
Formed
1973
Legal Domicile
Oh
Voting Board Members
19
Independent Board Members
19
Employees
85
Volunteers
195

Preparer

Firm
Smith Barta & Company
Address
4650 Hills and Dales Rd NW Ste 300, Canton, OH 44708
Preparer
Doreen M Smith CPA
Phone
3304771075
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4C

The Pathway Family Services Program includes adoption, post adoption and birth family services. Our basic philosophy includes: All Children Deserve A Permanent Home We Help Families Stay Together Children Need a Family For A LifetimeAdoption ServicesPathway Adoption Services include work toward finding and securing a family for children who are in need of a permanent home. Families interested in adoption can work with Pathway to find a special needs child to join their family through foster to adopt and waiting family options. Our adoption department works with the prospective adoptive family by preparing them emotionally for this lifelong process and completing the court paperwork for finalization through home visits and special training for the parents. Pathway takes referrals from the court for step-parent adoptions, as well. Post Adoption and Kinship ServicesThese services seek to address the ongoing needs of adoptive families after finalization and kinship families when relatives serve as parents for children. There are four basic programs included:1. Respite includes four hours to two weeks of care in a licensed foster home or one on one hourly time with a staff person. Adoptive and kinship families need support and relief to provide for the ongoing care of special needs children.2. Support groups for adoptive and kinship families include:a. Connected Family Group that provides therapy groups for children while their parents meet for support and education meeting biweekly during the school year.b. Adoptive Mothers Breakfast Group which meets monthly at a local restaurant for moms to benefit from the connections with those who understand and learn about resources and strategies unique to adoptive/kinship childrens needs.c. Adoptive Dads Group which meets monthly at Pathway office to help adoptive dads get the support and education for their unique position in their family.d. Grandparents Group which meets monthly in a downtown Canton church for support for grandparents raising their grandchildren.e. Adoptive and Kinship Parents Support Group which meets monthly in Minerva for support and education at a church in Minerva with food and childcare provided.3. Parallel Parent Program involves, in extreme cases, a therapeutic foster home placement for an adoptive child while adoptive parents keep custody, are involved in therapy, visitation plan and monthly team meetings to work on returning the child to the adoptive family successfully. 4. Mental health services are offered with specific sensitivity to adoptive families including individual, group and family counseling, case management including parenting coaching.Birth Family ServicesRespite and Parallel Parent services are offered to birth families in the community.

Form 990, Part I, Organization'S mission

Pathway Caring for Children is a private, non-profit social service agency. Its mission is to empower children and families to realize their potential and achieve the possibilities of their lives through innovative mental health, foster care, and adoption services. Its vision is to provide compassionate care for children and families. The staff members, volunteers, and foster parents of Pathway seek to carry out seven basic ideals with the youth who come to us. Most important, we love and care for each youth individually. We recognize them as persons and teach them to respect themselves and others; provide them with the security of knowing that we are there for them; help them find the paths of success in school, work and social relationships; encourage them in the assumption of responsibility for themselves and their actions; and become personally involved with them in their struggle for meaning and purpose in life.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The funds are to be used in aiding the further development of the primary exempt purpose of the Organization in connection with helping to assist children and their families with various social issues after payments of expenses to fund maintenance, repairs, renovations and additions to real property.

Part X : FIN48 Footnote

Effective January 1, 2009, generally accepted accounting principles require the organization to evaluate the level of uncertainty related to whether tax positions taken will be sustained upon examination. Any positions taken that do not meet the more-likely-than-not threshold must be quantified and recorded as a liability for unrecognized tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized tax benefits would be classified as additional income taxes in the statement of income. The organization believes that none of the tax positions taken would materially impact the financial statements and no such liabilities have been recorded.

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits