Civic Intelligence

Golden Path

990 • Fiscal year 2023 • EIN 37-1903100

Jan 01, 2023 to Dec 31, 2023 • Filed on May 11, 2024

9827 La Salle AveLos Angeles, CA 90047

(877) 595-8066

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.80x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

47th percentile

1.8%

Higher net margin than 47% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

100th percentile

2254900%

Faster asset growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

32%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$22,550

Up $22,549 (+2254900%) from 2022

Net Assets

Up

$4,499

Up $4,499 from 2022

Liabilities

Up

$18,051

Up $18,051 from 2022

Revenue

Up

$250,100

Up $60,777 (+32%) from 2022

Expenses

Up

$245,601

Up $56,278 (+30%) from 2022

Net Income

Up

$4,499

Up $4,499 from 2022

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2019: $16,554Liabilities 2019: $0Net Assets 2019: $16,5542019Assets 2022: $1Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $22,550Liabilities 2023: $18,051Net Assets 2023: $4,4992023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2023

Assets$22,550
Liabilities$18,051
Net Assets$4,499

Operations Trend

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

$300K$200K$100K$0Revenue 2019: $125,719Expenses 2019: $109,165Net Income 2019: $16,5542019Revenue 2022: $189,323Expenses 2022: $189,323Net Income 2022: $02022Revenue 2023: $250,100Expenses 2023: $245,601Net Income 2023: $4,4992023Revenue 2024: $174,910Expenses 2024: $174,910Net Income 2024: $02024

Highlighted filing

2023

Revenue$250,100
Expenses$245,601
Net Income$4,499
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 11, 2024
Return Version
2023v5.0
Gross Receipts
$250,100
Mission and Program Overview

Mission

Provide transitional housing for the disadvantaged individuals, individuals re-entering from correctional facilities, and Military Veterans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,550$22,550→ $0
Rtn Earn Endowment Incm Other Fnds$0$4,499▲ $4,499
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$22,550$22,550→ $0
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$22,550$18,051▼ $4,499
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$22,550$18,051▼ $4,499
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$4,499▲ $4,499
Total Liabilities and Net Assets / Fund Balance$22,550$22,550→ $0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marilyn JohnsonPresident
Hedi SmithDirector
Kevin FrostCFO
Donna JohnsonSecretary
Azizat OsunkunleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$20,000
Program Service Revenue
$230,100
Investment Income
$0
Other Revenue
$0
All Other Contributions
$20,000
Change in Net Assets
$4,499
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$88,803--$88,803
Occupancy$56,425$0$0$56,425
Fees for Services Other$35,000$0$0$35,000
Office Expenses$34,296$0$0$34,296
Information Technology$19,524$0$0$19,524
Advertising$5,000$0$0$5,000
Insurance$3,281$0$0$3,281
Travel$3,272$0$0$3,272
Total Functional Expenses$245,601$0$0$245,601
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Excel sheet

Form 990, Part VI, Section B, Line 15

Marilyn Johnson Kevin Frost Hedi Smith

Form 990, Part VI, Section C, Line 19

Public Availability of Governing Documents, Conflict of Interest Policy, and Financial Statements During the tax year, our organization has implemented several practices to ensure transparency and accessibility of our governing documents, conflict of interest policy, and financial statements Physical Copies at Our Office: 1. We also maintain physical copies of these documents at our main office. Interested parties can view these documents by appointment during regular business hours. Our office address and contact information for scheduling appointments are provided on our website and in our newsletters. 2. Upon Request: Additionally, we respond to all requests for copies of our governing documents, conflict of interest policy, and financial statements received via email, phone, or mail. These requests are fulfilled free of charge and can be sent electronically by email or provided as hard copies, depending on the requester's preference. 3. Annual Meetings: Information about how to access these documents is also provided during our annual general meetings, which are open to the public. This approach ensures that we not only comply with legal requirements concerning the accessibility of our governance documents but also uphold our commitment to organizational transparency and accountability.

Filing and Contact Details

Filer

Filer Name
The Golden Path Islamic Development Foundation
EIN
37-1903100
Phone
8775958066
Address
9827 La Salle Ave, Los Angeles, CA 90047
Doing Business As
The Golden Path

Signing Officer

Name
Marilyn Johnson
Title
President
Phone
3237409525
Signed
2024-05-11

Organization Details

Formed
2019
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
2
Employees
0
Volunteers
5
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

During the tax year, our organization incurred investment management fees as part of our investment strategy. These fees, reported in Part IX of Form 990 (Statement of Functional Expenses), represent payments made to independent contractors, including our House Manager, who provided investment advisory and management services.

Form 990, Part IX, Line 24E

"This amount, $88,803, reflects the total functional expenses our nonprofit organization incurred while carrying out its mission. Under section 501(c), the expenses are broken down into categories such as program services, Bills & Subscriptions, food, insurances and utilities. Each category is directly tied to fulfilling our purpose as a nonprofit reentry provider, aligning with the guidelines and restrictions mandated by the IRS for tax-exempt organizations. These costs ensure that our services and initiatives, aimed at reintegrating returning citizens into the community and supporting families in need, are effectively delivered and sustainable over time."

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IRS990/Form990PartVIISectionAGrp/PersonNm0Marilyn Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm1Kevin Frost
IRS990/Form990PartVIISectionAGrp/PersonNm2Azizat Osunkunle
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IRS990/MissionDesc0Provide transitional housing for the disadvantaged individuals individuals reentering from correctional facilities & Military Veterans We are a community based nonprofit organization who has provided affordable housing with hot meals We have created programs with support to direct individuals for employment and other community resources to receive benefits The Golden Path has been successful in housing more than 3000 Military Vets the homeless and individuals reentering society from correctional intuitions The Golden Path has given each and every human from all walks of life a chance to succeed We are proud of the program success empowering our community to the path of recovery and preventing recidivism Most individuals usually are able to move back into society within six months to one year
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt056425
IRS990/OccupancyGrp/TotalAmt056425
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt034296
IRS990/OfficeExpensesGrp/TotalAmt034296
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0THE GOLDEN PATH
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0N/A
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0210100
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0230100
IRS990/PYRevenuesLessExpensesAmt05000
IRS990/PYSalariesCompEmpBnftPaidAmt035000
IRS990/PYTotalExpensesAmt0245100
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0250100
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt04499
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0230100
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits