Civic Intelligence

Pathways Vermont Inc.

990 • Fiscal year 2019 • EIN 30-0604758

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 27, 2019

125 College Street 2nd FloorBurlington, VT 05401

(888) 492-8218

Siviq Scores

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

Liabilities / Assets

74th percentile

0.45x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.10x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

56th percentile

4.7%

Higher net margin than 56% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

37th percentile

$95,233

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

84th percentile

22%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,305,712

Up $233,957 (+22%) from 2018

Net Assets

Up

$714,953

Up $176,446 (+33%) from 2018

Liabilities

Up

$590,759

Up $57,511 (+11%) from 2018

Revenue

Up

$5,995,908

Up $594,740 (+11%) from 2018

Expenses

Up

$5,715,671

Up $349,243 (+6.5%) from 2018

Net Income

Up

$280,237

Up $245,497 (+707%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $480,296Liabilities 2014: $356,182Net Assets 2014: $124,1142014Assets 2016: $933,258Liabilities 2016: $437,932Net Assets 2016: $495,3262016Assets 2017: $846,038Liabilities 2017: $342,271Net Assets 2017: $503,7672017Assets 2018: $1,071,755Liabilities 2018: $533,248Net Assets 2018: $538,5072018Assets 2019: $1,305,712Liabilities 2019: $590,759Net Assets 2019: $714,9532019Assets 2020: $2,135,665Liabilities 2020: $1,408,747Net Assets 2020: $726,9182020Assets 2021: $1,891,129Liabilities 2021: $826,891Net Assets 2021: $1,064,2382021Assets 2022: $2,270,431Liabilities 2022: $894,385Net Assets 2022: $1,376,0462022Assets 2024: $4,077,378Liabilities 2024: $1,913,984Net Assets 2024: $2,163,3942024

Highlighted filing

2019

Assets$1,305,712
Liabilities$590,759
Net Assets$714,953

Operations Trend

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

$15M$10M$5.0M$0Revenue 2014: $3,256,054Expenses 2014: $3,199,428Net Income 2014: $56,6262014Revenue 2016: $4,703,959Expenses 2016: $4,447,167Net Income 2016: $256,7922016Revenue 2017: $4,822,543Expenses 2017: $4,814,102Net Income 2017: $8,4412017Revenue 2018: $5,401,168Expenses 2018: $5,366,428Net Income 2018: $34,7402018Revenue 2019: $5,995,908Expenses 2019: $5,715,671Net Income 2019: $280,2372019Revenue 2020: $6,150,946Expenses 2020: $6,138,981Net Income 2020: $11,9652020Revenue 2021: $7,732,237Expenses 2021: $7,394,917Net Income 2021: $337,3202021Revenue 2022: $9,813,655Expenses 2022: $9,501,847Net Income 2022: $311,8082022Revenue 2024: $12,055,406Expenses 2024: $11,395,286Net Income 2024: $660,1202024

Highlighted filing

2019

Revenue$5,995,908
Expenses$5,715,671
Net Income$280,237
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 27, 2019
Return Version
2018v3.1
Gross Receipts
$6,004,357
Mission and Program Overview

Mission

To end homelessness in vermont and provide innovative mental health alternatives.

To transform the lives of people experiencing mental health and other life challenges by supporting self directed roads to recovery and wellness in an atmosphere of dignity, respect, choice and hope.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$449,073$548,278▲ $99,205
Cash and Non-Interest-Bearing Accounts$237,641$409,114▲ $171,473
Land, Buildings, and Equipment, Net$290,662$273,456▼ $17,206
Prepaid Expenses and Deferred Charges$25,025$16,058▼ $8,967
Total Assets$1,071,755$1,305,712▲ $233,957
Other Assets Total$69,354$58,806▼ $10,548
Liabilities
Accounts Payable and Accrued Expenses$234,519$368,634▲ $134,115
Mortgage Notes Payable Secured by Investment Property$127,375$108,443▼ $18,932
Escrow Account Liability$69,354$58,806▼ $10,548
Deferred Revenue$102,000$54,876▼ $47,124
Total Liabilities$533,248$590,759▲ $57,511
Net Assets / Fund Balance
Unrestricted Net Assets$425,405$404,169▼ $21,236
Temporarily Rstr Net Assets$113,102$310,784▲ $197,682
Total Net Assets Fund Balance$538,507$714,953▲ $176,446
Total Liabilities and Net Assets / Fund Balance$1,071,755$1,305,712▲ $233,957

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$264,185$30,396$294,581
Other Land Buildings$9,271$39,933$49,204
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hilary MeltonExecutive DiFT$85,652$9,581$95,233

Board Members and Trustees

NameTitle
Maura CollinsChair
Wright CroninVice Chair
Alison HarteDirector
Brenda FrankDirector
Jane Van BurenDirector
Janet SissonDirector
Jedediah PoppDirector
Kay Van WoertDirector
Peter ToshevDirector
Tim WallDirector
Rebecca ZietlowSecretary
Chris MetzlerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mhission Translation Systems LLCMedical Dir.23 PINNACLE DRIVE, South Burlington, VT 05403$125,876
Revenue and Support

Revenue Composition

Contributions and Grants
$4,402,283
Program Service Revenue
$1,558,426
Investment Income
$0
Other Revenue
$35,199
All Other Contributions
$606,020
Change in Net Assets
$280,237

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,995,908
Revenue Not Reported on Form 990
$8,449
Total Revenue per Audited Statements
$6,004,357
Total Revenue per Form 990
$5,995,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,943,642
Other Expenses$1,208,178
Grants and Similar Amounts Paid$563,851
Total Fundraising Expense$244,257
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,559,208$352,088$76,281$2,987,577
Grants to Domestic Individuals$563,851--$563,851
Other Employee Benefits$440,512$67,470$16,583$524,565
Payroll Taxes$220,108$36,562$8,998$265,668
Travel$221,185$15,939$6,296$243,420
Fees for Services Other$122,128$28,470$21,789$172,387
Office Expenses$101,842$33,537$21,159$156,538
Occupancy$102,481$11,213$2,874$116,568
Current Officers, Directors, Trustees, and Key Employees-$80,181$20,045$100,226
Pension Plan Contributions$56,601$7,233$1,772$65,606
Information Technology$39,043$3,703$13,743$56,489
Other Expenses$282,750-$50,548$50,548
Insurance-$48,695-$48,695
Conferences and Meetings$5,773$9,968$4,169$19,910
Depreciation Depletion$17,206--$17,206
Fees for Services Legal$15,796--$15,796
Fees for Services Accounting-$12,000-$12,000
Interest$5,012$2,081-$7,093
Advertising$4,772$166-$4,938
Fees for Services Lobbying-$3,840-$3,840
Total Functional Expenses$4,758,268$713,146$244,257$5,715,671

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,724,120
Expenses per Audited Statements$5,715,671
Total Expenses per Form 990$5,715,671
Expenses Not Reported on Form 990$8,449
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,768
Fundraising Direct Expenses$8,449
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Breakfast Event$107,479$24,768$1,539$23,229
Total Events$107,479$24,768$8,449$16,319
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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 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
No
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, Page 6, Part VI, Line 11B

The draft 990 is reviewed by the finance committee and if all is in order it is recommended for acceptance by the board.

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

Each director, principal officer and member of a committee with governing board delegated powers are required to annually sign a statement and questionnaire.

Form 990, Page 6, Part VI, Line 15A

The business manager researches comparable salaries in the state for comparable positions. Subsequently, the board of directors reviews the executive director and the growth/stability of the agency and then approves the executive director's salary as presented in the budget.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Pathways Vermont Inc
EIN
30-0604758
Phone
8884928218
Address
125 COLLEGE STREET 2ND FLOOR, BURLINGTON, VT 05401

Signing Officer

Name
Hilary Melton
Title
Executive Director
Phone
8884928218
Signed
2019-12-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hilary Melton
Formed
2010
Voting Board Members
12
Independent Board Members
12
Employees
108
Volunteers
24

Preparer

Firm
Jmm & Associates Pc
Address
336 WATER TOWER CIR STE 801, COLCHESTER, VT 05446
Preparer
Randall L Sargent CPA
Phone
8026555665
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

Pathways vermont initiated a rapid rehousing program with the u.s. Department of housing and ubrban development in fy19.

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

Pathways vermont's housing first program provides permanent supportive housing services to individuals with long histories of homelessness and institutionalization who are living with significant disabilities. The program uses a scattered-site model, assisting clients to locate independent apartments leased by private landlords across the community. In addition to housing placement, the program provides wraparound community support services to assist clients in defining goals and overcoming barriers to independent living. These services include multidisciplinary approaches including benefits coordination, case management, psychiatry, substance abuse recovery support, employment support and nursing. In fy19 the program has found permanent housing placements for 172 and served a total of 293 individuals. The program has maintained an 85% housing retention rate.

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

Vermont support line - the support line completed 6,823 calls. The service diverted 232 calls from emergency services. The caller satisfaction rate is 94%. The pathways vermont community center - the pvcc welcomed more than 3,616 visitors in fy19, 3,398 received support services. Pvcc served 1,221 meals in fy19. One hundred twenty-five persons have been engaged in employment services with 48 job starts.

Form 990, Part XI, Line 9

The financial statements for the year ended june 30, 2018 have been restated to reflect the liability for combined time-off (cto). The net effect of the restatement was to reduce net assets without donor restrictions by 94,957 as of july 1, 2018, and decrease the change in net assets without donor restrictions by 8,834 for the year ended june 30, 2018. The restatement had no effect on the 2019 financial statements.

Form 990, Page 12, Part XII, Line 2C

The finance committee oversees the annual audit.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The organization participates in a social security administration program for some of the clients who receive social security benefits. These funds are held in a separate account with td bank. One employee within the business office has primary responsibility for managing this program. The organization uses a separate quickbooks software module to track all income and expenses on an individual basis for each client for whom the organization provides representative payee services. Income expense reports can be published for clients at any time, should an individual wish to see more detail. Individual client files for invoices and/or written requests for each expense are maintained by the organization. The service is provided to clients at no charge. Generally, expenses fall into the following categories: rent, electric, heat, telephone & telecommunications, medical, personal, other. Clients agree to a budget plan for the month to cover these expenses. The organization reports all expenditures to the social security administration on an annual basis.

Schedule D, Page 3, Part X

The organization does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 8,449

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 8,449

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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DI
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03703
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IRS990/MissionDesc0TO TRANSFORM THE LIVES OF PEOPLE EXPERIENCING MENTAL HEALTH AND OTHER LIFE CHALLENGES BY SUPPORTING SELF DIRECTED ROADS TO RECOVERY AND WELLNESS IN AN ATMOSPHERE OF DIGNITY, RESPECT, CHOICE AND HOPE.
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IRS990/OfficeExpensesGrp/TotalAmt0156538
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0OTHER CLIENT EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
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IRS990/OtherExpensesGrp/TotalAmt150548
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt076281
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IRS990/OtherSalariesAndWagesGrp/TotalAmt02987577
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IRS990/PayrollTaxesGrp/FundraisingAmt08998
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IRS990/PensionPlanContributionsGrp/FundraisingAmt01772
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016058
IRS990/PrincipalOfficerNm0HILARY MELTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0MEDICAID
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IRS990/ProgSrvcAccomActy2Grp/Desc0SOTERIA CREATES A NEW OPTION IN THE SYSTEM OF CARE FOR INDIVIDUALS EXPERIENCING AN EARLY EPISODE OF PSYCHOSIS. THE PROGRAM AIMS TO DIVERT INDIVIDUALS FROM UNNECESSARY VISITS TO THE EMERGENCY DEPARTMENT OR INPATIENT HOSPITALIZATIONS. THE PROGRAM OFFERS A SAFE, RESIDENTIAL SETTING WHERE INDIVIDUALS ARE EMPOWERED TO PURSUE THEIR OWN PATH TOWARDS WELLBEING. SOTERIA DRAWS UPON A DIVERSE RANGE OF DISCIPLINES TO SUPPORT INDIVIDUALS, INCLUDING PEER SUPPORT, PSYCHOSOCIAL SUPPORT, CREATIVE EXPRESSION AND PSYCHIATRY. SOTERIA SERVED 13 INDIVIDUALS IN FY19.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0908520
IRS990/ProgSrvcAccomActy3Grp/Desc0IN 2014 PATHWAYS BEGAN OFFERING SPECIALIZED INTERVENTION FOR HOMELESS VETERAN HOUSEHOLDS. IN COLLABORATION WITH VERMONT VETERAN SERVICES AT THE UNIVERSITY OF VERMONT, THE SUPPORTIVE SERVICES FOR VETERAN FAMILIES (SSVF) PROGRAM PROVIDES SHORT-TERM ASSISTANCE TO FORMER SERVICE MEMBERS WHO HAVE RECENTLY BECOME OR ARE AT IMMINENT RISK OF BECOMING HOMELESS. THE PROGRAM COMBINES TEMPORARY FINANCIAL ASSISTANCE, HOUSING PLACEMENT SUPPORT AND SHORT-TERM CASE MANAGEMENT TO RE-STABILIZE HOUSEHOLDS IN PERMANENT HOUSING. SINCE 2014 THE PROGRAM HAS ENDED HOMELESSNESS FOR 590 HOUSEHOLDS THROUGH RAPID RE-HOUSING AND HOMELESSNESS PREVENTION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0420264
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VERMONT SUPPORT LINE - THE SUPPORT LINE COMPLETED 6,823 CALLS. THE SERVICE DIVERTED 232 CALLS FROM EMERGENCY SERVICES. THE CALLER SATISFACTION RATE IS 94%. THE PATHWAYS VERMONT COMMUNITY CENTER - THE PVCC WELCOMED MORE THAN 3,616 VISITORS IN FY19, 3,398 RECEIVED SUPPORT SERVICES. PVCC SERVED 1,221 MEALS IN FY19. ONE HUNDRED TWENTY-FIVE PERSONS HAVE BEEN ENGAGED IN EMPLOYMENT SERVICES WITH 48 JOB STARTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0704212
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03795760
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYRevenuesLessExpensesAmt034740
IRS990/PYSalariesCompEmpBnftPaidAmt03699557
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IRS990/QuidProQuoContributionsInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt031,858
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HIRED A LOBBYIST, ERHARD MAHNKE, WHO HAS DIRECT CONTACT WITH LEGISLATORS PARTICULARLY FOCUSED ON HOUSING ISSUES. THE ORGANIZATION ALSO REGISTERED THE EXECUTIVE DIRECTOR AS A LOBBYIST.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART IV
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