Civic Intelligence

Pathfinder Services Inc.

990 • Fiscal year 2022 • EIN 35-1122311

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 15, 2022

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

49th percentile

0.21x

Higher debt load relative to assets than 49% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

38th percentile

0.18x

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

66th percentile

15%

Higher net margin than 66% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

31st percentile

$184,402

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

33rd percentile

-4.7%

Faster asset growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

19%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Down

$23,373,697

Down $1,161,458 (-4.7%) from 2021

Net Assets

Up

$18,540,469

Up $2,829,070 (+18%) from 2021

Liabilities

Down

$4,833,228

Down $3,990,528 (-45%) from 2021

Revenue

Up

$26,929,652

Up $4,346,325 (+19%) from 2021

Expenses

Up

$23,007,575

Up $1,423,106 (+6.6%) from 2021

Net Income

Up

$3,922,077

Up $2,923,219 (+293%) from 2021

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

2022

Assets$23,373,697
Liabilities$4,833,228
Net Assets$18,540,469

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

2022

Revenue$26,929,652
Expenses$23,007,575
Net Income$3,922,077
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 15, 2022
Return Version
2021v4.0
Gross Receipts
$27,737,704
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 by enabling people experiencing developmental or economic challenges to achieve independence, inclusion, and stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,604,184$11,483,209▼ $120,975
Investments in Publicly Traded Securities$8,660,626$7,910,574▼ $750,052
Accounts Receivable$1,433,795$1,475,191▲ $41,396
Cash and Non-Interest-Bearing Accounts$886,486$1,281,058▲ $394,572
Inventories for Sale or Use$1,100,738$811,174▼ $289,564
Savings and Temporary Cash Investments$563,303$185,178▼ $378,125
Prepaid Expenses and Deferred Charges$166,077$134,471▼ $31,606
Other Notes and Loans Receivable, Net$70,389$55,178▼ $15,211
Intangible Assets$49,557$37,664▼ $11,893
Total Assets$24,535,155$23,373,697▼ $1,161,458
Liabilities
Accounts Payable and Accrued Expenses$5,308,702$1,992,203▼ $3,316,499
Deferred Revenue$1,094,936$1,294,520▲ $199,584
Mortgage Notes Payable Secured by Investment Property$1,950,118$1,278,655▼ $671,463
Other Liabilities$470,000$267,850▼ $202,150
Total Liabilities$8,823,756$4,833,228▼ $3,990,528
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,430,151$18,358,823▲ $2,928,672
Net Assets With Donor Restrictions$281,248$181,646▼ $99,602
Total Net Assets Fund Balance$15,711,399$18,540,469▲ $2,829,070
Total Liabilities and Net Assets / Fund Balance$24,535,155$23,373,697▼ $1,161,458

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,569,208$5,916,131$14,485,339
Equipment$961,347$3,011,721$3,973,068
Other Land Buildings$835,215$1,225,463$2,060,678
Leasehold Improvements$535,631$169,761$705,392
Land$581,808-$581,808
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Danielle TipsPresidentFT$174,078$10,324$184,402

Board Members and Trustees

NameTitle
Ann McpherrenChair
Alexis BlueDirector
Angela HormannDirector
Deborah LemarDirector
Donna HutchensDirector
Iggy FernandezDirector
Izzy RodriguezDirector
Mike RichardDirector
Natalija TrokicDirector
Paula WhitingDirector
Peyton PikeDirector
Ryan LemonDirector
Seth MarshallDirector
Trent WolfeDirector
Jen PickardSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,272,931
Program Service Revenue
$18,392,360
Investment Income
$599,462
Other Revenue
$3,664,899
All Other Contributions
$395,486
Change in Net Assets
$3,922,077

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,929,652
Revenue Not Reported on Form 990
$-980,673
Total Revenue per Audited Statements
$25,948,979
Total Revenue per Form 990
$26,929,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$17,931,751
Other Expenses$5,075,824
Total Fundraising Expense$57,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,108,849$1,807,186$29,251$13,945,286
Other Employee Benefits$1,637,544$305,695$6,518$1,949,757
Payroll Taxes$941,802$104,645-$1,046,447
Depreciation Depletion$906,498$11,894-$918,392
Occupancy$702,621$60,637-$763,258
Current Officers, Directors, Trustees, and Key Employees$644,190$71,575-$715,765
Office Expenses$603,291-$17,389$620,680
Travel$379,747$48,548-$428,295
Pension Plan Contributions$247,046$27,450-$274,496
Other Expenses$91,755$111,270$263$203,025
Fees for Services Accounting$28,427$113,708-$142,135
Insurance$66,324$7,369-$73,693
Advertising$48,416$5,380-$53,796
All Other Expenses$46,249--$46,249
Royalties-$45,081-$45,081
Fees for Services Legal$3,570$14,279-$17,849
Interest$16,012--$16,012
Conferences and Meetings$4,936$4,936-$9,872
Total Functional Expenses$19,763,426$3,186,237$57,912$23,007,575

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,719,909
Expenses per Audited Statements$23,007,575
Total Expenses per Form 990$23,007,575
Expenses Not Reported on Form 990$712,334
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$73,776
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$73,776$73,776-$73,776
Total Events$73,776$73,776-$73,776
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$267,850
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 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, 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
Danielle Tips
Title
President
Phone
2603560500
Signed
2022-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danielle Tips
Formed
1965
Legal Domicile
In
Voting Board Members
15
Independent Board Members
15
Employees
493
Volunteers
199

Preparer

Firm
David Culp & Co Llp
Address
70 HOME ST, HUNTINGTON, IN 46750
Preparer
N Byron Price CPA
Phone
2603560640
Supplemental Narrative

Additional Explanations

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

Pathfinder residential support is the adult residential services division of pathfinder services and began impacting lives in 1966. Pathfinder residential supports offer supported independent living and group home living to individuals with intellectual or developmental disabilities, supporting them to live inclusive lives in their community of choice. Outcomes measured last year show a daily integration rate of 57%. Up to 24 hours of assistance is offered to build life skills and foster greater choice and control over their own destiny. Pathfinder connections program is offered to build work and life skills in areas of interest that include classroom, volunteer, artistic, and community experiences. Pathfinder residential supports and connections can be found online at www.pathfinderservices.org/teens-adults

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

Pathfinder kids kampus is the early childhood division of pathfinder services. It was launched in 1990 to provide an integrated program for children with and without disabilities where they can learn, play, and grow together. Pathfinder kids kampus focuses on education for the child and family support for the caregiver. We have 60 service slots 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 serve 15 children in that program, which includes 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 that generates age appropriate developmental education opportunities. Pathfinder kids kampus can be found at www.kidskampus.org

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

Pathfinder commercial operations operates from a work first philosophy partnering with local, regional, and national businesses to provide specialized solutions for their business needs. We provide oue customers with packaging, assembly, kitting, light manufacturing, and logistic support. Our partnerships result in cost savings and expand workforce opportunities for our customers. Our iso certified operation provides just in time delivery and quality assurance for our partners. Our workforce comprises 3 full time and 9 part time employees of varying abilities served in other pathfinder programs. We enable our team to maximize their abilities and earnings successfully. Commercial operations also provides proprietary products, which include binders, promotional products, and customized gifts. Pathfinder financial opportunity center (foc), the financial and career training division of pathfinder services, began in 1987 and specialized in assisting people with disabilities in finding and retaining employment. The foc is a fully inclusive program focusing on financial counseling, employment, training, and income support. We also run a pre- employment and training program for students in our local high school, preparing them to enter the workforce or higher education when they graduate. Www.pathfinderservices.org/financial-opportunity-center

Form 990, Part XI, Line 9

Transfer from pass through fund 600,000

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 organization 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, 2022 and 2021, 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 712,334

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

Cost of goods sold 712,334

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IRS990/ProgSrvcAccomActy2Grp/Desc0PATHFINDER KIDS KAMPUS IS THE EARLY CHILDHOOD DIVISION OF PATHFINDER SERVICES. IT WAS LAUNCHED IN 1990 TO PROVIDE AN INTEGRATED PROGRAM FOR CHILDREN WITH AND WITHOUT DISABILITIES WHERE THEY CAN LEARN, PLAY, AND GROW TOGETHER. PATHFINDER KIDS KAMPUS FOCUSES ON EDUCATION FOR THE CHILD AND FAMILY SUPPORT FOR THE CAREGIVER. WE HAVE 60 SERVICE SLOTS 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 SERVE 15 CHILDREN IN THAT PROGRAM, WHICH INCLUDES 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 THAT GENERATES AGE APPROPRIATE DEVELOPMENTAL EDUCATION OPPORTUNITIES. PATHFINDER KIDS KAMPUS CAN BE FOUND AT WWW.KIDSKAMPUS.ORG
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IRS990/ProgSrvcAccomActy3Grp/Desc0PATHFINDER HOMEOWNERSHIP CENTER (HOC) IS THE COMMUNITY DEVELOPMENT DIVISION OF PATHFINDER SERVICES AND WAS CREATED IN 1997. HOC IS A CERTIFIED NEIGHBORWORKS HOMEOWNERSHIP CENTER WITH HUNTINGTON AND FORT WAYNE OFFICES. THE DIVISION GUIDES POTENTIAL HOMEBUYERS THROUGH THE ENTIRE PROCESS OF PRE-PURCHASE COUNSELING, MONEY MANAGEMENT AND RESPONSIBLE MORTGAGE OPTIONS, AND POST-PURCHASE COUNSELING. LAST YEAR, THE HOC HELPED 167 FAMILIES FULFILL THEIR DREAM OF HOMEOWNERSHIP. PATHFINDER HOC CAN BE FOUND ONLINE AT WWW.PATHFINDERHOMES.ORG
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PATHFINDER COMMERCIAL OPERATIONS OPERATES FROM A WORK FIRST PHILOSOPHY PARTNERING WITH LOCAL, REGIONAL, AND NATIONAL BUSINESSES TO PROVIDE SPECIALIZED SOLUTIONS FOR THEIR BUSINESS NEEDS. WE PROVIDE OUE CUSTOMERS WITH PACKAGING, ASSEMBLY, KITTING, LIGHT MANUFACTURING, AND LOGISTIC SUPPORT. OUR PARTNERSHIPS RESULT IN COST SAVINGS AND EXPAND WORKFORCE OPPORTUNITIES FOR OUR CUSTOMERS. OUR ISO CERTIFIED OPERATION PROVIDES JUST IN TIME DELIVERY AND QUALITY ASSURANCE FOR OUR PARTNERS. OUR WORKFORCE COMPRISES 3 FULL TIME AND 9 PART TIME EMPLOYEES OF VARYING ABILITIES SERVED IN OTHER PATHFINDER PROGRAMS. WE ENABLE OUR TEAM TO MAXIMIZE THEIR ABILITIES AND EARNINGS SUCCESSFULLY. COMMERCIAL OPERATIONS ALSO PROVIDES PROPRIETARY PRODUCTS, WHICH INCLUDE BINDERS, PROMOTIONAL PRODUCTS, AND CUSTOMIZED GIFTS. PATHFINDER FINANCIAL OPPORTUNITY CENTER (FOC), THE FINANCIAL AND CAREER TRAINING DIVISION OF PATHFINDER SERVICES, BEGAN IN 1987 AND SPECIALIZED IN ASSISTING PEOPLE WITH DISABILITIES IN FINDING AND RETAINING EMPLOYMENT. THE FOC IS A FULLY INCLUSIVE PROGRAM FOCUSING ON FINANCIAL COUNSELING, EMPLOYMENT, TRAINING, AND INCOME SUPPORT. WE ALSO RUN A PRE- EMPLOYMENT AND TRAINING PROGRAM FOR STUDENTS IN OUR LOCAL HIGH SCHOOL, PREPARING THEM TO ENTER THE WORKFORCE OR HIGHER EDUCATION WHEN THEY GRADUATE. WWW.PATHFINDERSERVICES.ORG/FINANCIAL-OPPORTUNITY-CENTER
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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
2022Detailed filing. Detailed filing data is available for this year.$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
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$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