Greenpath Inc.

Filing Period

Jan 1, 2010 to Dec 31, 2010

Signed

May 13, 2011

Return Version

2010v3.2

Gross Receipts

$45,366,888

Mission

Major Activities

Activity 2

Educational services: greenpath counselors educate clients about budgeting, money management, financial planning and goal setting and the wise use of credit. Over 114,000 of these one-on-one education/counseling sessions were conducted free of charge for individuals or families in 2010. In addition, greenpath counselors and community educators conducted 661 workshops/educational sessions in 2010 for groups affiliated with churches, social service agencies, high schools, colleges, employers union locals and employee assistance programs. Total attendance at these sessions was 10,650. Greenpath partners with 214 credit unions nationwide through our accel and greenpath referral members services program. These programs provide one-on-one financial counseling and education and group workshops on topics such as the american dream (home ownership), identity theft, kids and money, understanding your credit report, surviving a layoff, saving to achieve your goals, college bound and steps to financial freedom to 4.3 million credit union members. Greenpath also publishes a quarterly newsletter for credit union members entitled "acceleration", which contains articles on credit, personal finance and money management.greenpath's banking is program is designed to teach high school age students about credit, banking and money management. The participating schools typically work banking is directly into their economics, civics or skills-for-living courses. In 2010, over 18,815 high school students completed banking is. Greenpath also publishes educational materials for clients and the general public. These materials include "credit when credit is due" ("cwcid"), a general text on personal finance and money management; "second chance", a text written for those choosing to file for bankruptcy and "debt free in due time", a text which provides guidance on how to negotiate interest rates and repayment terms with creditors. Greenpath is authorized to provide both the statutorily required pre-filing counseling and pre-discharge education course to bankruptcy candidates. The pre-filing counseling helps clients develop a workable budget and action plans to avoid circumstances that might lead to another bankruptcy filing. The pre-discharge education focuses on developing better money management and budgeting skills. When a bankruptcy client wishes to begin the education course, he/she is sent or downloads a book on the personal and financial implications of bankruptcy and life after bankruptcy entitled, "second chance". After reading "second chance", the client takes a test on the subject matter and then has a follow up session with a counselor during which additional teaching is done in those areas where questions were answered incorrectly. The counselor also reviews the previously developed budget and reviews techniques for adapting to and remaining on the budget. Finally, the client is educated on the following: credit reports and credit scoring how credit and credit scores are impacted by bankruptcy how to rebuild your credit score how to reestablish credit evaluating future credit offers.the entire education session can be done 1 on 1 between counselor over the phone or the client may study "second chance" and take the required test on the internet and then have a follow up session with a counselor via phone as needed, based on test results or client's preference.

Activity 3

Housing counseling and education: as a hud certified agency, greenpath conducted 736 pre-purchase (first time home buyers), 65,003 delinquency/loss mitigation (foreclosure and eviction) and over 742 reverse mortgage (seniors) counseling sessions in 2010.

Filer

EIN

38-6142925