Civic Intelligence

Pathfinder Services Inc.

990 • Fiscal year 2018 • EIN 35-1122311

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 12, 2018

2824 Theater AvenueHuntington, IN 46750

(260) 356-0500

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.35x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.34x

Higher debt load relative to revenue than 59% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

43rd percentile

1.4%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

55th percentile

$190,758

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

76th percentile

11%

Faster asset growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

2.5%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$19,902,967

Up $1,968,178 (+11%) from 2017

Net Assets

Up

$13,032,163

Up $697,435 (+5.7%) from 2017

Liabilities

Up

$6,870,804

Up $1,270,743 (+23%) from 2017

Revenue

Up

$20,045,435

Up $480,693 (+2.5%) from 2017

Expenses

Up

$19,756,208

Up $808,899 (+4.3%) from 2017

Net Income

Down

$289,227

Down $328,206 (-53%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $12,509,614Liabilities 2011: $3,796,856Net Assets 2011: $8,712,7582011Assets 2012: $12,865,957Liabilities 2012: $4,065,569Net Assets 2012: $8,800,3882012Assets 2013: $13,305,598Liabilities 2013: $3,602,391Net Assets 2013: $9,703,2072013Assets 2014: $15,619,903Liabilities 2014: $5,081,847Net Assets 2014: $10,538,0562014Assets 2015: $17,108,156Liabilities 2015: $6,070,403Net Assets 2015: $11,037,7532015Assets 2016: $17,305,373Liabilities 2016: $6,253,318Net Assets 2016: $11,052,0552016Assets 2017: $17,934,789Liabilities 2017: $5,600,061Net Assets 2017: $12,334,7282017Assets 2018: $19,902,967Liabilities 2018: $6,870,804Net Assets 2018: $13,032,1632018Assets 2019: $22,303,292Liabilities 2019: $7,722,531Net Assets 2019: $14,580,7612019Assets 2020: $22,129,323Liabilities 2020: $7,407,189Net Assets 2020: $14,722,1342020Assets 2021: $24,535,155Liabilities 2021: $8,823,756Net Assets 2021: $15,711,3992021Assets 2022: $23,373,697Liabilities 2022: $4,833,228Net Assets 2022: $18,540,4692022Assets 2023: $28,466,317Liabilities 2023: $5,947,996Net Assets 2023: $22,518,3212023Assets 2024: $28,364,012Liabilities 2024: $6,496,186Net Assets 2024: $21,867,8262024Assets 2025: $27,957,927Liabilities 2025: $7,689,576Net Assets 2025: $20,268,3512025

Highlighted filing

2018

Assets$19,902,967
Liabilities$6,870,804
Net Assets$13,032,163

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $14,813,8162011Expenses 2012: $15,841,4522012Expenses 2013: $15,280,7222013Revenue 2014: $16,919,642Expenses 2014: $16,363,470Net Income 2014: $556,1722014Revenue 2015: $22,477,566Expenses 2015: $21,310,960Net Income 2015: $1,166,6062015Revenue 2016: $18,525,312Expenses 2016: $18,366,998Net Income 2016: $158,3142016Revenue 2017: $19,564,742Expenses 2017: $18,947,309Net Income 2017: $617,4332017Revenue 2018: $20,045,435Expenses 2018: $19,756,208Net Income 2018: $289,2272018Revenue 2019: $21,235,385Expenses 2019: $19,682,770Net Income 2019: $1,552,6152019Revenue 2020: $21,855,259Expenses 2020: $21,673,974Net Income 2020: $181,2852020Revenue 2021: $22,583,327Expenses 2021: $21,584,469Net Income 2021: $998,8582021Revenue 2022: $26,929,652Expenses 2022: $23,007,575Net Income 2022: $3,922,0772022Revenue 2023: $28,693,797Expenses 2023: $25,960,116Net Income 2023: $2,733,6812023Revenue 2024: $25,703,272Expenses 2024: $26,895,582Net Income 2024: -$1,192,3102024Revenue 2025: $25,105,887Expenses 2025: $27,225,110Net Income 2025: -$2,119,2232025

Highlighted filing

2018

Revenue$20,045,435
Expenses$19,756,208
Net Income$289,227
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 12, 2018
Return Version
2017v2.3
Gross Receipts
$21,877,804
Mission and Program Overview

Mission

Pathfinder strengthens communities by enabling people with disabilities or economic challenges to achieve autonomy, inclusion, and stability.

To strengthen communities primarily by enabling people facing physical developmental or economic challenges to achieve independence, inclusion, and stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,515,810$8,154,949▲ $639,139
Land, Buildings, and Equipment, Net$7,218,395$8,072,727▲ $854,332
Accounts Receivable$1,097,887$1,235,980▲ $138,093
Inventories for Sale or Use$947,952$1,148,341▲ $200,389
Cash and Non-Interest-Bearing Accounts$662,126$801,897▲ $139,771
Prepaid Expenses and Deferred Charges$190,472$185,921▼ $4,551
Savings and Temporary Cash Investments$140,417$156,580▲ $16,163
Intangible Assets$109,153$92,339▼ $16,814
Other Notes and Loans Receivable, Net$52,577$54,233▲ $1,656
Total Assets$17,934,789$19,902,967▲ $1,968,178
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,751,177$4,720,438▲ $969,261
Accounts Payable and Accrued Expenses$1,388,700$1,688,262▲ $299,562
Other Liabilities$425,000$425,000→ $0
Deferred Revenue$35,184$37,104▲ $1,920
Total Liabilities$5,600,061$6,870,804▲ $1,270,743
Net Assets / Fund Balance
Unrestricted Net Assets$11,767,757$12,473,261▲ $705,504
Permanently Rstr Net Assets$369,250$369,250→ $0
Temporarily Rstr Net Assets$197,721$189,652▼ $8,069
Total Net Assets Fund Balance$12,334,728$13,032,163▲ $697,435
Total Liabilities and Net Assets / Fund Balance$17,934,789$19,902,967▲ $1,968,178

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,227,568$5,358,407$11,585,975
Equipment$1,204,424$3,190,106$4,394,530
Land$549,754-$549,754
Leasehold Improvements$90,981$55,925$146,906
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John NiedermanPresidentFT$153,510$37,248$190,758
Diana LauxCFOFT$145,216-$145,216

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,395,783
Program Service Revenue
$16,518,805
Investment Income
$421,811
Other Revenue
$709,036
All Other Contributions
$285,807
Change in Net Assets
$289,227

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,045,435
Revenue Not Reported on Form 990
$1,042,320
Total Revenue per Audited Statements
$21,087,755
Total Revenue per Form 990
$20,045,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,959,589
Other Expenses$4,796,619
Total Fundraising Expense$51,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,499,541$1,166,616$19,156$11,685,313
Other Employee Benefits$1,608,860$287,853$3,203$1,899,916
Payroll Taxes$818,788$90,976-$909,764
Occupancy$605,208$115,010-$720,218
Depreciation Depletion$405,316$238,947-$644,263
Office Expenses$627,179$10,832$221$638,232
Travel$411,135$58,871-$470,006
Current Officers, Directors, Trustees, and Key Employees$246,090$27,343-$273,433
Pension Plan Contributions$131,902$59,261-$191,163
Interest$143,479$4,438-$147,917
Other Expenses$17,046$126,205$2,089$128,294
Fees for Services Accounting$17,459$69,838-$87,297
Insurance$53,925$8,779-$62,704
Advertising$35,288$9,953-$45,241
All Other Expenses-$40,743-$40,743
Fees for Services Legal$4,305$17,219-$21,524
Royalties-$16,013-$16,013
Conferences and Meetings$7,472$7,472-$14,944
Total Functional Expenses$16,788,761$2,915,457$51,990$19,756,208

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$20,390,320
Expenses per Audited Statements$19,756,208
Total Expenses per Form 990$19,756,208
Expenses Not Reported on Form 990$634,112
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,942
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$70,942$70,942-$70,942
Total Events$70,942$70,942-$70,942
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Insurance Benefits Payable$425,000
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, Page 6, Part VI, Line 6

The organization has members that pay an annual fee in the amount of 30. They are invited to attend an annual meeting and that is all the requirements for membership.

Form 990, Page 6, Part VI, Line 7A

The only responsibility of the members of the organization is to meet annu ally and approve of the board of directors.

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

The 990 is presented to the board resource development and finance committee for review and recommendation for approval to the board of directors..

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

In january of every year, all directors shall file with the secretary of the organization a written statement of potential conflicts of interest. A director shall promptly disclose any actual or potential conflict of interest as soon as it is discovered. The director with the potential conflict shall not participate in any vote on, or discussion or review of, the matter other than to disclose the conflict of interest.

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

The compensation of the president is reviewed and approved by the board of directors and compensation committee of the organization. All other orga nization's employees are reviewed by the president.

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

The compensation of the president is reviewed and approved by the board of directors and compensation committee of the organization. All other orga nization's employees are reviewed by the president.

Form 990, Page 6, Part VI, Line 19

Governing document and financial statements are made public upon request.

Filing and Contact Details

Filer

Filer Name
Pathfinder Services Inc
EIN
35-1122311
Phone
2603560500
Address
2824 THEATER AVENUE, HUNTINGTON, IN 46750

Signing Officer

Name
John Niederman
Title
President
Phone
2603560500
Signed
2018-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Niederman
Formed
1965
Legal Domicile
In
Voting Board Members
15
Independent Board Members
15
Employees
591
Volunteers
243

Preparer

Firm
David Culp & Co Llp
Address
70 HOME ST, HUNTINGTON, IN 46750
Preparer
Michael R Hatton CPA
Phone
2603560640
Supplemental Narrative

Additional Explanations

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

Appropriate developmental educational opportunities for children. Pathfinder kids kampus can be found at www.kidskampus.org

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

Served by pathfinder hoc. Pathfinder hoc can be found online at www.pathfinderhomes.org

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

Pathfinder outsource manufacturing partners with local, regional and national businesses to provide specialty solutions for their needs. We provide packaging, assembly, kitting, light manufacturing and logistic supports for our customers. Our partnerships result in cost savings and expanded work force opportunities for our customers. Our iso certified operation provides just in time delivery and quality assurance for our partners. Our workforce are people served by pathfinder services of varying ability levels. We enable our team to successfully maximize their abilities through the utilization of templates, machinery, and constant quality control measures. Pathfinder outsource manufacturing also provides proprietary products including binders, promotional products and customized gifts as a part of our commercial operations. Pathfinder resource connection, the employment division of pathfinder services began in 1987 and specializes in assisting people with disabilities in finding and retaining employment. Specific assistance provided to clients includes: career preparation, job development, job coaching and training as needed once the individual obtains employment.

Form 990, Part XI, Line 9

Cost of goods sold 634,111 rounding 1 cost of goods sold -634,111 rounding -1

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the accounting standard on accounting for uncertainty in income taxes. This standard addresses the determination of whether tax benefits claimed, or expected to be claimed, on a tax return should be recorded in the financial statements. Under this guidance, the organizatin may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits that could be recognized in the financial statements from such positions would be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses derecognition, classification, interest and penalties on income taxes, and accounting in interim periods. At june 30, 2018 and 2017, there were no unrecognized tax benefits identified or recorded as liabilities. The organization files form 990 and the related state of indiana return, and has not been subject to examination by the internal revenue service in the past three years.

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

Cost of goods sold 634,111 rounding 1

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

Cost of goods sold 634,111 rounding 1

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/ProgramServiceRevenueGrp/Desc2CHILDRENS SERVICES
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IRS990/ProgSrvcAccomActy2Grp/Desc0PATHFINDER KIDS KAMPUS, THE EARLY CHILDHOOD DIVISION OF PATHFINDER SERVICES WAS LAUNCHED IN 1990 TO PROVIDE AN INTEGRATED PROGRAM FOR CHILDREN WITH AND WITHOUT DISABILITY WHERE THEY CAN LEARN, PLAY AND GROW TOGETHER. PATHFINDER KIDS KAMPUS FOCUSES ON BOTH EDUCATION FOR THE CHILD AND FAMILY SUPPORTS FOR THE CARE GIVER. WE HAVE 76 SLOTS OF PROGRAMMING FOR PRENATAL MOTHERS AND CHILDREN AGES 0-3 IN OUR EARLY HEAD START PROGRAM. WE PROVIDE AN EARLY EDUCATION PRESCHOOL PROGRAM THROUGH ON MY WAY PRE-K AND SERVED A FULL CASE LOAD OF 10 CHILDREN IN THAT PROGRAM PROVIDING KINDERGARTEN READINESS, LANGUAGE DEVELOPMENT AND CREATIVE EDUCATIONAL PLAY. OUR FULL SERVICE CHILD CARE CENTER SERVES CHILDREN AGES 6 WEEKS TO 12 YEARS UTILIZING THE CREATIVE CURRICULUM PROVIDING A CONCENTRATION OF AGE APPROPRIATE DEVELOPMENTAL EDUCATIONAL OPPORTUNITIES FOR CHILDREN. PATHFINDER KIDS KAMPUS CAN BE FOUND AT WWW.KIDSKAMPUS.ORG
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IRS990/ProgSrvcAccomActy3Grp/Desc0PATHFINDER HOME OWNERSHIP CENTER IS THE COMMUNITY DEVELOPMENT DIVISION OF PATHFINDER SERVICES AND WAS CREATED IN 1997. PATHFINDER HOC IS A CERTIFIED NEIGHBORWORKS HOMEOWNERSHIP CENTER WITH OFFICES IN HUNTINGTON AND FORT WAYNE. THE DIVISION GUIDES POTENTIAL HOME BUYERS THROUGH THE ENTIRE PROCESS OF PRE-PURCHASE COUNSELING, MONEY MANAGEMENT AND RESPONSIBLE MORTGAGE OPTIONS, POST-PURCHASE COUNSELING AND FORECLOUSRE PREVENTION IF NEEDED. OVER 221 FAMILIES THIS YEAR FULFILLED THEIR DREAM OF HOME OWNERSHIP WITH THE HELP OF PATHFINDER HOC. OTHER SERVICES INCLUDE COMMUNITY BUILDING THROUGH ACQUIRING AND REHABILITATING HOMES AS WELL AS OWNER OCCUPIED REHABILITATION. ALSO, OVER 1,400 TAX RETURNS WERE PREPARED BY THE VITA PROGRAM, AND 116 INDIVIDUAL DEVELOPMENT ACCOUNT HOLDERS WERE SERVED BY PATHFINDER HOC. PATHFINDER HOC CAN BE FOUND ONLINE AT WWW.PATHFINDERHOMES.ORG
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PATHFINDER OUTSOURCE MANUFACTURING PARTNERS WITH LOCAL, REGIONAL AND NATIONAL BUSINESSES TO PROVIDE SPECIALTY SOLUTIONS FOR THEIR NEEDS. WE PROVIDE PACKAGING, ASSEMBLY, KITTING, LIGHT MANUFACTURING AND LOGISTIC SUPPORTS FOR OUR CUSTOMERS. OUR PARTNERSHIPS RESULT IN COST SAVINGS AND EXPANDED WORK FORCE OPPORTUNITIES FOR OUR CUSTOMERS. OUR ISO CERTIFIED OPERATION PROVIDES JUST IN TIME DELIVERY AND QUALITY ASSURANCE FOR OUR PARTNERS. OUR WORKFORCE ARE PEOPLE SERVED BY PATHFINDER SERVICES OF VARYING ABILITY LEVELS. WE ENABLE OUR TEAM TO SUCCESSFULLY MAXIMIZE THEIR ABILITIES THROUGH THE UTILIZATION OF TEMPLATES, MACHINERY, AND CONSTANT QUALITY CONTROL MEASURES. PATHFINDER OUTSOURCE MANUFACTURING ALSO PROVIDES PROPRIETARY PRODUCTS INCLUDING BINDERS, PROMOTIONAL PRODUCTS AND CUSTOMIZED GIFTS AS A PART OF OUR COMMERCIAL OPERATIONS. PATHFINDER RESOURCE CONNECTION, THE EMPLOYMENT DIVISION OF PATHFINDER SERVICES BEGAN IN 1987 AND SPECIALIZES IN ASSISTING PEOPLE WITH DISABILITIES IN FINDING AND RETAINING EMPLOYMENT. SPECIFIC ASSISTANCE PROVIDED TO CLIENTS INCLUDES: CAREER PREPARATION, JOB DEVELOPMENT, JOB COACHING AND TRAINING AS NEEDED ONCE THE INDIVIDUAL OBTAINS EMPLOYMENT.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.0$7.69$20.3$25.1$27.2$2.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$6.50$21.9$25.7$26.9$1.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.5$5.95$22.5$28.7$26.0$2.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$4.83$18.5$26.9$23.0$3.92
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$8.82$15.7$22.6$21.6$1.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.1$7.41$14.7$21.9$21.7$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$7.72$14.6$21.2$19.7$1.55
2018Detailed filing. Detailed filing data is available for this year.$19.9$6.87$13.0$20.0$19.8$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$5.60$12.3$19.6$18.9$0.62
2016Detailed filing. Detailed filing data is available for this year.$17.3$6.25$11.1$18.5$18.4$0.16
2015Detailed filing. Detailed filing data is available for this year.$17.1$6.07$11.0$22.5$21.3$1.17
2014Detailed filing. Detailed filing data is available for this year.$15.6$5.08$10.5$16.9$16.4$0.56
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$3.60$9.70$15.3
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$4.07$8.80$15.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$3.80$8.71$14.8
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $10M-$25M nonprofits