Civic Intelligence

Pathways to Prosperity Inc.

990 • Fiscal year 2021 • EIN 27-3550271

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 30, 2021

639 East Ocean Avenue Suite 101Boynton Beach, FL 33435

(561) 736-1111

Siviq Scores

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

Liabilities / Assets

89th percentile

0.60x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.34x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

28th percentile

0.0%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

78th percentile

37%

Faster asset growth than 78% of similar nonprofits.

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

Revenue Growth

26th percentile

-6.6%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Up

$549,771

Up $149,401 (+37%) from 2020

Net Assets

Up

$219,876

Up $358 (+0.2%) from 2020

Liabilities

Up

$329,895

Up $149,043 (+82%) from 2020

Revenue

Down

$964,479

Down $68,128 (-6.6%) from 2020

Expenses

Down

$964,121

Down $9,982 (-1.0%) from 2020

Net Income

Down

$358

Down $58,146 (-99%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $81,850Liabilities 2011: $72,942Net Assets 2011: $8,9082011Assets 2012: $67,440Liabilities 2012: $43,959Net Assets 2012: $23,4812012Assets 2013: $55,193Liabilities 2013: $32,467Net Assets 2013: $22,7262013Assets 2014: $102,987Liabilities 2014: $18,393Net Assets 2014: $84,5942014Assets 2015: $200,588Liabilities 2015: $25,077Net Assets 2015: $175,5112015Assets 2016: $270,538Liabilities 2016: $172,337Net Assets 2016: $98,2012016Assets 2018: $239,402Liabilities 2018: $22,263Net Assets 2018: $217,1392018Assets 2019: $190,388Liabilities 2019: $29,374Net Assets 2019: $161,0142019Assets 2020: $400,370Liabilities 2020: $180,852Net Assets 2020: $219,5182020Assets 2021: $549,771Liabilities 2021: $329,895Net Assets 2021: $219,8762021Assets 2022: $381,576Liabilities 2022: $355,825Net Assets 2022: $25,7512022Assets 2024: $386,241Liabilities 2024: $355,151Net Assets 2024: $31,0902024

Highlighted filing

2021

Assets$549,771
Liabilities$329,895
Net Assets$219,876

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $346,1182011Expenses 2012: $418,9992012Expenses 2013: $354,6892013Revenue 2014: $572,521Expenses 2014: $510,653Net Income 2014: $61,8682014Revenue 2015: $741,106Expenses 2015: $650,189Net Income 2015: $90,9172015Revenue 2016: $634,986Expenses 2016: $712,296Net Income 2016: -$77,3102016Revenue 2018: $886,042Expenses 2018: $920,050Net Income 2018: -$34,0082018Revenue 2019: $861,313Expenses 2019: $917,438Net Income 2019: -$56,1252019Revenue 2020: $1,032,607Expenses 2020: $974,103Net Income 2020: $58,5042020Revenue 2021: $964,479Expenses 2021: $964,121Net Income 2021: $3582021Revenue 2022: $1,058,187Expenses 2022: $1,252,312Net Income 2022: -$194,1252022Revenue 2024: $1,487,925Expenses 2024: $1,842,118Net Income 2024: -$354,1932024

Highlighted filing

2021

Revenue$964,479
Expenses$964,121
Net Income$358
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 30, 2021
Return Version
2020v4.1
Gross Receipts
$964,479
Mission and Program Overview

Mission

To improve the social, spiritual, economic and emotional well being of children and families through education and social services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$293,351$363,728▲ $70,377
Pledges and Grants Receivable$96,900$169,893▲ $72,993
Prepaid Expenses and Deferred Charges$2,685$8,049▲ $5,364
Land, Buildings, and Equipment, Net$1,434$4,501▲ $3,067
Total Assets$400,370$549,771▲ $149,401
Other Assets Total$6,000$3,600▼ $2,400
Liabilities
Accounts Payable and Accrued Expenses$180,852$329,895▲ $149,043
Total Liabilities$180,852$329,895▲ $149,043
Net Assets / Fund Balance
Net Assets With Donor Restrictions$258,897$193,757▼ $65,140
Net Assets Without Donor Restrictions$-39,379$26,119▲ $65,498
Total Net Assets Fund Balance$219,518$219,876▲ $358
Total Liabilities and Net Assets / Fund Balance$400,370$549,771▲ $149,401

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,994$12,796$15,790
Other Land Buildings$1,507$6,144$7,651
Other Assets Org$3,600--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Revia LeeChairperson
Maguene S CadetVice Chairman
Kemberly BushCEO
Audrey DavisSecretary
Octavia BellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$964,479
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$375,536
Change in Net Assets
$358

Audited Revenue Reconciliation

Revenue per Audited Statements
$964,479
Total Revenue per Audited Statements
$964,479
Total Revenue per Form 990
$964,479
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$628,179
Other Expenses$305,942
Grants and Similar Amounts Paid$30,000
Total Fundraising Expense$863
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$514,110$269-$514,379
Other Employee Benefits$69,118$4,858-$73,976
Occupancy$64,243$2,265-$66,508
All Other Expenses$34,131$10,069-$44,200
Payroll Taxes$39,809$15-$39,824
Fees for Services Accounting$30,123$2,000-$32,123
Office Expenses$20,557$9,425$491$30,473
Grants to Domestic Orgs$30,000--$30,000
Other Expenses$20,801$1,761$372$22,562
Advertising$19,690$1,624-$21,314
Fees for Services Other$8,625--$8,625
Insurance$5,638--$5,638
Depreciation Depletion$220$1,020-$1,240
Conferences and Meetings-$501-$501
Total Functional Expenses$904,929$58,329$863$964,121

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$964,121
Total Expenses per Audited Statements$964,121
Total Expenses per Form 990$964,121
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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 governing body review Part VI line 11

Form 990 is distributed to the board of directors for review prior to irs filing.

Conflict of interest policy compliance Part VI line 12C

To comply with the conflict of interest policy, each board member signs an annual statement of any known conflicts of interest. Should any individual conflict issues occur during meetings, the member with the conflict will not vote on the issue.

CEO executive director top management comp Part VI line 15A

The executive director holds the top management position within the organization. The salary for that position is determined based on comparative data provided for the nonprofit industry.

Other officer or key employee compensation Part VI line 15B

No other officers or key employees hired during the tax year.

Governing documents etc available to public Part VI line 19

The governing documents are available for public inspection on site at the agency upon request.

Filing and Contact Details

Filer

Filer Name
Pathways to Prosperity Inc
EIN
27-3550271
Address
639 EAST OCEAN AVENUE SUITE 101, BOYNTON BEACH, FL 33435

Signing Officer

Name
Revia Lee
Title
Chairperson
Phone
5619037743
Signed
2021-08-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Revia Lee
Formed
2010
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
14
Volunteers
175

Preparer

Firm
Ward and Company Pa
Address
5725 CORPORATE WAY SUITE 106, WEST PALM BEACH, FL 33407
Preparer
Zenora Kerr Ward CPA
Phone
5616979468
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Pathways to prosperity partnered with eight other non-profit organizations to create what is called the boynton alliance. We work together as a collective to maximize the support/resources we provide to the community. We host joint events and have created a shared data system. This process has allowed us to jointly write grants and most importantly eliminate duplication of services. Pathways to prosperity has also strengthened our partnership with new york community bank. Through this partnership, they provide the youth that participate in our circles program with training and financial literacy. This process allows to have a 2-generation approach to providing services and increases the opportunities for families to transition from poverty to self-sufficiency and equip the youth in the household with knowledge that will assist in decreasing generational poverty.

General explanation attachment

Pathways to prosperity is a tax exempt organization under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organizations tax exempt purpose is subject to taxation as unrelated business income. There was no such income for the year ended 9/30/21. Therefore, no tax is due and there is no provision for taxes in these financial statements.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO IRS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO COMPLY WITH THE CONFLICT OF INTEREST POLICY, EACH BOARD MEMBER SIGNS AN ANNUAL STATEMENT OF ANY KNOWN CONFLICTS OF INTEREST. SHOULD ANY INDIVIDUAL CONFLICT ISSUES OCCUR DURING MEETINGS, THE MEMBER WITH THE CONFLICT WILL NOT VOTE ON THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR HOLDS THE TOP MANAGEMENT POSITION WITHIN THE ORGANIZATION. THE SALARY FOR THAT POSITION IS DETERMINED BASED ON COMPARATIVE DATA PROVIDED FOR THE NONPROFIT INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER OFFICERS OR KEY EMPLOYEES HIRED DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON SITE AT THE AGENCY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PATHWAYS TO PROSPERITY PARTNERED WITH EIGHT OTHER NON-PROFIT ORGANIZATIONS TO CREATE WHAT IS CALLED THE BOYNTON ALLIANCE. WE WORK TOGETHER AS A COLLECTIVE TO MAXIMIZE THE SUPPORT/RESOURCES WE PROVIDE TO THE COMMUNITY. WE HOST JOINT EVENTS AND HAVE CREATED A SHARED DATA SYSTEM. THIS PROCESS HAS ALLOWED US TO JOINTLY WRITE GRANTS AND MOST IMPORTANTLY ELIMINATE DUPLICATION OF SERVICES. PATHWAYS TO PROSPERITY HAS ALSO STRENGTHENED OUR PARTNERSHIP WITH NEW YORK COMMUNITY BANK. THROUGH THIS PARTNERSHIP, THEY PROVIDE THE YOUTH THAT PARTICIPATE IN OUR CIRCLES PROGRAM WITH TRAINING AND FINANCIAL LITERACY. THIS PROCESS ALLOWS TO HAVE A 2-GENERATION APPROACH TO PROVIDING SERVICES AND INCREASES THE OPPORTUNITIES FOR FAMILIES TO TRANSITION FROM POVERTY TO SELF-SUFFICIENCY AND EQUIP THE YOUTH IN THE HOUSEHOLD WITH KNOWLEDGE THAT WILL ASSIST IN DECREASING GENERATIONAL POVERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PATHWAYS TO PROSPERITY IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATIONS TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WAS NO SUCH INCOME FOR THE YEAR ENDED 9/30/21. THEREFORE, NO TAX IS DUE AND THERE IS NO PROVISION FOR TAXES IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6General explanation attachment
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ST JOHN MISSIOANRY BAPTIST CHURCH
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0REVIA LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATHWAYS TO PROSPERITY INC
ReturnHeader/Filer/BusinessNameControlTxt0PATH
ReturnHeader/Filer/EIN0273550271
ReturnHeader/Filer/USAddress/AddressLine1Txt0639 EAST OCEAN AVENUE SUITE 101
ReturnHeader/Filer/USAddress/CityNm0BOYNTON BEACH
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650370602
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARD AND COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05725 CORPORATE WAY SUITE 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST PALM BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerPersonGrp/PhoneNum05616979468
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Zenora Kerr Ward CPA
ReturnHeader/ReturnTs02022-07-21T09:53:01-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0REVIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEE
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.36$0.03$1.49$1.84$0.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.36$0.03$1.06$1.25$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.33$0.22$0.96$0.96$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.18$0.22$1.03$0.97$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.03$0.16$0.86$0.92$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.02$0.22$0.89$0.92$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.17$0.10$0.63$0.71$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.18$0.74$0.65$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.02$0.08$0.57$0.51$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.03$0.02$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.04$0.02$0.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.07$0.01$0.35