Civic Intelligence

The New Path Inc

990 • Fiscal year 2014 • EIN 31-1710997

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 11, 2015

7695 S County Rd 25-aTipp City, OH 45371

(937) 667-5375

Siviq Scores

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

Liabilities / Assets

36th percentile

0.04x

Higher debt load relative to assets than 36% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

32nd percentile

-2.4%

Higher net margin than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

14th percentile

-8.1%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

30th percentile

-3.6%

Faster revenue growth than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

$668,114

No earlier filing loaded for comparison.

Net Assets

$642,095

No earlier filing loaded for comparison.

Liabilities

$26,019

No earlier filing loaded for comparison.

Revenue

$1,931,322

No earlier filing loaded for comparison.

Expenses

$1,978,331

No earlier filing loaded for comparison.

Net Income

-$47,009

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $668,114Liabilities 2014: $26,019Net Assets 2014: $642,0952014Assets 2015: $802,109Liabilities 2015: $103,634Net Assets 2015: $698,4752015Assets 2016: $748,187Liabilities 2016: $111,553Net Assets 2016: $636,6342016Assets 2018: $690,395Liabilities 2018: $79,084Net Assets 2018: $611,3112018Assets 2019: $764,464Liabilities 2019: $56,686Net Assets 2019: $707,7782019Assets 2020: $929,195Liabilities 2020: $40,101Net Assets 2020: $889,0942020Assets 2021: $1,050,428Liabilities 2021: $41,620Net Assets 2021: $1,008,8082021Assets 2022: $868,869Liabilities 2022: $36,954Net Assets 2022: $831,9152022Assets 2024: $930,654Liabilities 2024: $43,132Net Assets 2024: $887,5222024

Highlighted filing

2014

Assets$668,114
Liabilities$26,019
Net Assets$642,095

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,931,322Expenses 2014: $1,978,331Net Income 2014: -$47,0092014Revenue 2015: $2,188,757Expenses 2015: $2,132,377Net Income 2015: $56,3802015Revenue 2016: $1,904,605Expenses 2016: $1,966,446Net Income 2016: -$61,8412016Revenue 2018: $2,220,290Expenses 2018: $2,258,206Net Income 2018: -$37,9162018Revenue 2019: $2,100,272Expenses 2019: $2,003,805Net Income 2019: $96,4672019Revenue 2020: $1,807,888Expenses 2020: $1,627,665Net Income 2020: $180,2232020Revenue 2021: $1,612,732Expenses 2021: $1,493,918Net Income 2021: $118,8142021Revenue 2022: $1,524,216Expenses 2022: $1,701,109Net Income 2022: -$176,8932022Revenue 2024: $2,294,204Expenses 2024: $2,220,388Net Income 2024: $73,8162024

Highlighted filing

2014

Revenue$1,931,322
Expenses$1,978,331
Net Income-$47,009
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 11, 2015
Return Version
2014v5.0
Gross Receipts
$1,931,322
Mission and Program Overview

Mission

To assist families and individuals in financial crisis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$337,971$318,963▼ $19,008
Land, Buildings, and Equipment, Net$186,820$185,118▼ $1,702
Savings and Temporary Cash Investments$106,583$77,975▼ $28,608
Prepaid Expenses and Deferred Charges$28,903$38,757▲ $9,854
Cash and Non-Interest-Bearing Accounts$61,039$38,226▼ $22,813
Accounts Receivable$4,580$7,725▲ $3,145
Total Assets$727,246$668,114▼ $59,132
Other Assets Total$1,350$1,350→ $0
Liabilities
Accounts Payable and Accrued Expenses$20,133$16,014▼ $4,119
Mortgage Notes Payable Secured by Investment Property$18,009$10,005▼ $8,004
Total Liabilities$38,142$26,019▼ $12,123
Net Assets / Fund Balance
Unrestricted Net Assets$631,159$619,007▼ $12,152
Temporarily Rstr Net Assets$57,945$23,088▼ $34,857
Total Net Assets Fund Balance$689,104$642,095▼ $47,009
Total Liabilities and Net Assets / Fund Balance$727,246$668,114▼ $59,132

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$-38,084$108,071$69,987
Equipment$47,424-$47,424
Land$29,057-$29,057
Compensation and Service Providers

Board Members and Trustees

NameTitle
David E PhippsPresident
Carol McmahonBoard Member
Jim TaylorBoard Member
Karen SmithBoard Member
Kari PetersBoard Member
William LutzExecutive Di
Muffett AndrewsSecretary
Wes YoungTreasurer
Adam BlakeVice-pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$1,586,521
Program Service Revenue
$0
Investment Income
$429
Other Revenue
$344,372
All Other Contributions
$1,586,521
Change in Net Assets
$-47,009

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,931,322
Total Revenue per Audited Statements
$1,931,322
Total Revenue per Form 990
$1,931,322
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,695,150
Salaries, Compensation, and Employee Benefits$283,181
Total Fundraising Expense$16,954
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$190,461$42,772$14,230$247,463
All Other Expenses$176,198$12,475$126$188,799
Other Expenses$92,049--$92,049
Payroll Taxes$27,175$6,208$2,335$35,718
Occupancy$9,133$604$263$10,000
Depreciation Depletion$8,872$126-$8,998
Conferences and Meetings-$1,203-$1,203
Travel$911$86-$997
Total Functional Expenses$1,897,903$63,474$16,954$1,978,331

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,978,331
Total Expenses per Audited Statements$1,978,331
Total Expenses per Form 990$1,978,331
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
Backup withholding compliance
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, Page 6, Part VI, Line 11B

A copy is provided to the board for review.

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

In accordance withe the board approved policies.

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

In accordance with the board approve policies.

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

In accordance with the board approve policies.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request for review in accordance with the board approved policies.

Filing and Contact Details

Filer

Filer Name
The New Path Inc
EIN
31-1710997
Phone
9376675375
Address
7695 S COUNTY RD 25-A, TIPP CITY, OH 45371

Signing Officer

Name
David Phipps
Title
President
Phone
9376675375
Signed
2015-06-11

Organization Details

Formed
2000
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
11
Volunteers
371

Preparer

Firm
LIGHTNER & STICKEL CPA'S INC
Address
PO BOX 739, TROY, OH 45373
Preparer
Sam B Brown
Phone
9373399630
Supplemental Narrative

Additional Explanations

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

Provides assistance for individuals and/or families in various areas which includes: clothing, food, utilities, furniture, vehicles, transitional housing, training, and technical assistance, sales of donated items. Provided used medical equipment to 1,984 individuals. Provided support with pet food to 9,357 individuals.

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0950921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0867446
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06312595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0429
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0731
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0988
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0887
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0846
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03881
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0344801
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt090249
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt092805
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt090998
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt063879
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt060526
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0398457
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94010
IRS990ScheduleA/PublicSupportPY170Pct00.94210
IRS990ScheduleA/PublicSupportTotal170Amt06312595
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleD/ExpensesSubtotalAmt01978331
IRS990ScheduleD/LandGrp/BookValueAmt029057
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt029057
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-38084
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0108071
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt069987
IRS990ScheduleD/RevenueSubtotalAmt01931322
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038397
IRS990ScheduleD/TotalExpensesPerForm990Amt01978331
IRS990ScheduleD/TotalRevenuePerForm990Amt01931322
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDES ASSISTANCE FOR INDIVIDUALS AND/OR FAMILIES IN VARIOUS AREAS WHICH INCLUDES: CLOTHING, FOOD, UTILITIES, FURNITURE, VEHICLES, TRANSITIONAL HOUSING, TRAINING, AND TECHNICAL ASSISTANCE, SALES OF DONATED ITEMS. PROVIDED USED MEDICAL EQUIPMENT TO 1,984 INDIVIDUALS. PROVIDED SUPPORT WITH PET FOOD TO 9,357 INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY IS PROVIDED TO THE BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN ACCORDANCE WITHE THE BOARD APPROVED POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN ACCORDANCE WITH THE BOARD APPROVE POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN ACCORDANCE WITH THE BOARD APPROVE POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DOCUMENTS ARE AVAILABLE UPON REQUEST FOR REVIEW IN ACCORDANCE WITH THE BOARD APPROVED POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0668114
IRS990/TotalAssetsGrp/BOYAmt0727246
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IRS990/TotalEmployeeCnt011
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063474
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01897903
IRS990/TotalFunctionalExpensesGrp/TotalAmt01978331
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt026019
IRS990/TotalLiabilitiesGrp/BOYAmt038142
IRS990/TotalLiabilitiesGrp/EOYAmt026019
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0689104
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0642095
IRS990/TotalOtherProgSrvcExpenseAmt0805521
IRS990/TotalProgramServiceExpensesAmt01897903
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0344801
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01931322
IRS990/TotalVolunteersCnt0371
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0727246
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0668114
IRS990/TravelGrp/ManagementAndGeneralAmt086
IRS990/TravelGrp/ProgramServicesAmt0911
IRS990/TravelGrp/TotalAmt0997
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0631159
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0619007
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID PHIPPS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09376675375
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE NEW PATH INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWP
ReturnHeader/Filer/EIN0311710997
ReturnHeader/Filer/PhoneNum09376675375
ReturnHeader/Filer/USAddress/AddressLine1Txt07695 S COUNTY RD 25-A
ReturnHeader/Filer/USAddress/CityNm0TIPP CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045371
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311172644
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LIGHTNER & STICKEL CPA'S INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 739
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045373
ReturnHeader/PreparerPersonGrp/PhoneNum09373399630
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAM B BROWN
ReturnHeader/ReturnTs02015-06-26T09:20:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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