Civic Intelligence

Path Inc Workers' Compensation Self-Insurance Trust

990 • Fiscal year 2021 • EIN 23-7870577

Jun 01, 2020 to May 31, 2021 • Filed on Apr 05, 2022

8220 Castor AvePhiladelphia, PA 19152

(215) 728-4595

Siviq Scores

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

Liabilities / Assets

100th percentile

10.01x

Higher debt load relative to assets than 100% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.63x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

12th percentile

-19%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Revenue Growth

88th percentile

109%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$39,036

Up $39,036 from 2020

Net Assets

Down

-$351,785

Down $116,386 (-49%) from 2020

Liabilities

Up

$390,821

Up $155,422 (+66%) from 2020

Revenue

Up

$624,801

Up $325,441 (+109%) from 2020

Expenses

Up

$741,187

Up $281,695 (+61%) from 2020

Net Income

Up

-$116,386

Up $43,746 (+27%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $622,944Liabilities 2011: $131,342Net Assets 2011: $491,6022011Assets 2012: $698,466Liabilities 2012: $79,241Net Assets 2012: $619,2252012Assets 2013: $470,342Liabilities 2013: $142,538Net Assets 2013: $327,8042013Assets 2014: $408,792Liabilities 2014: $96,585Net Assets 2014: $312,2072014Assets 2016: $277,619Liabilities 2016: $103,213Net Assets 2016: $174,4062016Assets 2017: $174,383Liabilities 2017: $151,958Net Assets 2017: $22,4252017Assets 2018: $94,697Liabilities 2018: $116,185Net Assets 2018: -$21,4882018Assets 2019: $10,443Liabilities 2019: $85,710Net Assets 2019: -$75,2672019Assets 2020: $0Liabilities 2020: $235,399Net Assets 2020: -$235,3992020Assets 2021: $39,036Liabilities 2021: $390,821Net Assets 2021: -$351,7852021Assets 2022: $22,980Liabilities 2022: $207,721Net Assets 2022: -$184,7412022

Highlighted filing

2021

Assets$39,036
Liabilities$390,821
Net Assets-$351,785

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $113,4482011Expenses 2012: $67,2472012Expenses 2013: $386,2212013Revenue 2014: $114,850Expenses 2014: $130,447Net Income 2014: -$15,5972014Revenue 2016: $139,877Expenses 2016: $231,334Net Income 2016: -$91,4572016Revenue 2017: $95,247Expenses 2017: $247,228Net Income 2017: -$151,9812017Revenue 2018: $170,702Expenses 2018: $214,615Net Income 2018: -$43,9132018Revenue 2019: $95,305Expenses 2019: $149,084Net Income 2019: -$53,7792019Revenue 2020: $299,360Expenses 2020: $459,492Net Income 2020: -$160,1322020Revenue 2021: $624,801Expenses 2021: $741,187Net Income 2021: -$116,3862021Revenue 2022: $268,855Expenses 2022: $101,811Net Income 2022: $167,0442022

Highlighted filing

2021

Revenue$624,801
Expenses$741,187
Net Income-$116,386
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Apr 5, 2022
Return Version
2020v4.0
Gross Receipts
$624,801
Mission and Program Overview

Mission

The trust was established for the exclusive purpose of providing a source of funds and maintaining adequate reserves for the payments of worker's compensation benefits and associated claims expense incurred by path (people acting to help), inc.

The trust was established to provide a source of funds and to maintain adequate reserves for the payments of worker's compensation benefits and associated claims expense incurred by path, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$39,036-
Rtn Earn Endowment Incm Other Fnds$-235,399$-351,785▼ $116,386
Total Assets$0$39,036▲ $39,036
Liabilities
Accounts Payable and Accrued Expenses$235,399$390,821▲ $155,422
Total Liabilities$235,399$390,821▲ $155,422
Net Assets / Fund Balance
Total Net Assets Fund Balance$-235,399$-351,785▼ $116,386
Total Liabilities and Net Assets / Fund Balance$0$39,036▲ $39,036
Compensation and Service Providers

Employees

NameTitleOtherTotal
Elizabeth Andl-petkovPresident &$496,001$496,001

Board Members and Trustees

NameTitle
Mary SparksChairperson
Elizabeth Andl-petkovPresident & CEO
Dottie LynchVice Chairpe
Jeff BrownDirector
Sherrie LevinDirector
Maryann ParrottiSecretary
Brad Newman EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$624,800
Investment Income
$1
Other Revenue
$0
Change in Net Assets
$-116,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$741,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$64,194--$64,194
Fees for Services Legal$48,270--$48,270
All Other Expenses$16,680$10,567-$27,247
Other Expenses$22,956--$22,956
Fees for Services Accounting-$181-$181
Total Functional Expenses$730,439$10,748$0$741,187
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A draft of the 990 is provided to the administrative committee of the board of directors of path, inc, a related entity, for review in order to make recommendations to the board of directors for approval.

Form 990, Page 6, Part VI, Line 12C

The board discloses conflicts of interest annually. In addition, individual board members disclose possible conflicts of interest as situations arise which are evaluated by the board to determine conflict of interest.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
PATH INC WORKERS' COMPENSATION
EIN
23-7870577
Phone
2157284595
Address
8220 CASTOR AVE, PHILADELPHIA, PA 19152

Signing Officer

Name
Elizabeth Andl-petkov
Title
President & CEO
Phone
2157284595
Signed
2022-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Andl-petkov
Formed
1996
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Bee Bergvall & Co
Address
PO BOX 754, WARRINGTON, PA 18976-0754
Preparer
Cynthia Bergvall CPA
Phone
2153432727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The trust was established for the exclusive purpose of providing a source of funds and maintaining adequate reserves for the payments of worker's compensation benefits and associated claims expense incurred by path (people acting to help), inc.

Raw XML Appendix397 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE CEO. THE BOARD OF DIRECTORS ARE ALL INDEPENDENT PERSONS AND HAVE NO PERSONAL RELATIONSHIP TO THE CEO. THE BOARD REVIEWS THE ACCOMPLISHMNETS OF THE CEO, HAS COMPARATIVE COMPENSATION AND BENEFIT DATA, PROVIDED BY AN INDEPENDENT SOURCE, OF CEOS IN A SIMILAR SIZE AND TYPE OF ORGANIZATION. AN INDEPENDENT COMPENSATION CONSULTANT WAS ENGAGED TO RESEARCH AND ANALYZE COMPARATIVE SALARY AND BENEFIT DATA AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS ON A COMPREHENSIVE COMPENSATION PACKAGE. THE CEO IS COMPENSATED FOR THE OPERATIONS OF PATH, INC., PATH GROUP HOMES AND PATH MR HOUSING ASSOCIATES, INC. THE BOARD OF DIRECTORS MEETS IN EXECUTIVE SESSION TO DISCUSS AND DETERMINE THE CEO'S CONTRACT, WHICH IS DOCUMENTED IN THE CORPORATE FILES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST WAS ESTABLISHED FOR THE EXCLUSIVE PURPOSE OF PROVIDING A SOURCE OF FUNDS AND MAINTAINING ADEQUATE RESERVES FOR THE PAYMENTS OF WORKER'S COMPENSATION BENEFITS AND ASSOCIATED CLAIMS EXPENSE INCURRED BY PATH (PEOPLE ACTING TO HELP), INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE 990 IS PROVIDED TO THE ADMINISTRATIVE COMMITTEE OF THE BOARD OF DIRECTORS OF PATH, INC, A RELATED ENTITY, FOR REVIEW IN ORDER TO MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD DISCLOSES CONFLICTS OF INTEREST ANNUALLY. IN ADDITION, INDIVIDUAL BOARD MEMBERS DISCLOSE POSSIBLE CONFLICTS OF INTEREST AS SITUATIONS ARISE WHICH ARE EVALUATED BY THE BOARD TO DETERMINE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1PATH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PATH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1PATH HOUSING ASSOCIATES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237313698
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222533230
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HEALTHCARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt17
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08220 CASTOR AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt18220 CASTOR AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019152
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd119152
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0624800
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PATH INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt039036
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt039036
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010748
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0730439
IRS990/TotalFunctionalExpensesGrp/TotalAmt0741187
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0235399
IRS990/TotalLiabilitiesEOYAmt0390821
IRS990/TotalLiabilitiesGrp/BOYAmt0235399
IRS990/TotalLiabilitiesGrp/EOYAmt0390821
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-235399
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-351785
IRS990/TotalOtherCompensationAmt046733
IRS990/TotalProgramServiceExpensesAmt0730439
IRS990/TotalProgramServiceRevenueAmt0624800
IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0624800
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0624801
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt039036
IRS990/TotReportableCompRltdOrgAmt0681016
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08220 CASTOR AVE
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019152
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH ANDL-PETKOV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02157284595
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATH INC WORKERS' COMPENSATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SELF-INSURANCE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0PATH
ReturnHeader/Filer/EIN0237870577
ReturnHeader/Filer/PhoneNum02157284595
ReturnHeader/Filer/USAddress/AddressLine1Txt08220 CASTOR AVE
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019152
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232749044
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEE BERGVALL & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 754
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARRINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0189760754
ReturnHeader/PreparerPersonGrp/PhoneNum02153432727
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CYNTHIA BERGVALL CPA
ReturnHeader/ReturnTs02022-04-07T11:22:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ELIZABETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ANDL-PETKOV
ReturnHeader/TaxPeriodBeginDt02020-06-01
ReturnHeader/TaxPeriodEndDt02021-05-31
ReturnHeader/TaxYr02020

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