Civic Intelligence

Forward Paths Foundation Inc.

990 • Fiscal year 2022 • EIN 46-2442032

Jan 01, 2022 to Dec 31, 2022 • Filed on May 12, 2023

PO Box 492109Leesburg, FL 34749-2109

(352) 408-2307

Siviq Scores

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

Liabilities / Assets

59th percentile

0.12x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

90th percentile

60%

Faster asset growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

29%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,018,363

Up $757,788 (+60%) from 2021

Net Assets

Up

$1,783,219

Up $757,589 (+74%) from 2021

Liabilities

Up

$235,144

Up $199 (+0.1%) from 2021

Revenue

Up

$1,226,518

Up $273,111 (+29%) from 2021

Expenses

Down

$468,929

Down $49,198 (-9.5%) from 2021

Net Income

Up

$757,589

Up $322,309 (+74%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $33,408Net Assets 2015: $33,4082015Assets 2016: $29,815Liabilities 2016: $0Net Assets 2016: $29,8152016Assets 2017: $58,405Liabilities 2017: $0Net Assets 2017: $58,4052017Assets 2018: $109,005Liabilities 2018: $723Net Assets 2018: $108,2822018Assets 2019: $497,514Liabilities 2019: $234,477Net Assets 2019: $263,0372019Assets 2020: $825,180Liabilities 2020: $234,830Net Assets 2020: $590,3502020Assets 2021: $1,260,575Liabilities 2021: $234,945Net Assets 2021: $1,025,6302021Assets 2022: $2,018,363Liabilities 2022: $235,144Net Assets 2022: $1,783,2192022Assets 2023: $2,583,703Liabilities 2023: $236,146Net Assets 2023: $2,347,5572023Assets 2024: $2,930,662Liabilities 2024: $233,075Net Assets 2024: $2,697,5872024

Highlighted filing

2022

Assets$2,018,363
Liabilities$235,144
Net Assets$1,783,219

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $58,870Expenses 2015: $54,311Net Income 2015: $4,5592015Revenue 2016: $142,285Expenses 2016: $145,445Net Income 2016: -$3,1602016Revenue 2017: $196,577Expenses 2017: $167,987Net Income 2017: $28,5902017Revenue 2018: $327,391Expenses 2018: $277,514Net Income 2018: $49,8772018Revenue 2019: $494,685Expenses 2019: $339,930Net Income 2019: $154,7552019Revenue 2020: $663,998Expenses 2020: $336,685Net Income 2020: $327,3132020Revenue 2021: $953,407Expenses 2021: $518,127Net Income 2021: $435,2802021Revenue 2022: $1,226,518Expenses 2022: $468,929Net Income 2022: $757,5892022Revenue 2023: $1,119,187Expenses 2023: $554,849Net Income 2023: $564,3382023Revenue 2024: $1,049,267Expenses 2024: $699,237Net Income 2024: $350,0302024

Highlighted filing

2022

Revenue$1,226,518
Expenses$468,929
Net Income$757,589
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 12, 2023
Return Version
2022v5.0
Gross Receipts
$1,226,518
Mission and Program Overview

Mission

House homeless youths & provide support

House homeless youths & provide support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,004,739$1,000,792▼ $3,947
Land, Buildings, and Equipment, Net$255,836$517,172▲ $261,336
Savings and Temporary Cash Investments-$500,399-
Total Assets$1,260,575$2,018,363▲ $757,788
Liabilities
Mortgage Notes Payable Secured by Investment Property$232,750$232,750→ $0
Accounts Payable and Accrued Expenses$2,195$2,394▲ $199
Total Liabilities$234,945$235,144▲ $199
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,025,630$1,783,219▲ $757,589
Total Net Assets Fund Balance$1,025,630$1,783,219▲ $757,589
Total Liabilities and Net Assets / Fund Balance$1,260,575$2,018,363▲ $757,788

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$278,289$1,271$279,560
Land$237,163-$237,163
Equipment$1,720$7,599$9,319
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jacob BonyngePresident
Sharon WootenVice President
Denise BurryCeoexecutive Director
Barbara WeeseDirector
Dinah HendersonDirector
Julie GrimesDirector
Larry DolanDirector
Patrick ThomasDirector
Sara CorvilSecretary
Andrew HalidayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,226,039
Program Service Revenue
$0
Investment Income
$479
Other Revenue
$0
All Other Contributions
$882,877
Change in Net Assets
$757,589

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$51,574Thrift Store Value
Real Estate Other1$24,000Fair Rental Value
Food Inventory1$15,467Grocery Value
Cars and Other Vehicles1$4,421Kelly Blue Book
Total Noncash Contributions3$95,462-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$347,706
Salaries, Compensation, and Employee Benefits$121,223
Total Fundraising Expense$6,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$70,150$42,458-$112,608
Other Expenses$82,089$1,272-$82,089
Occupancy-$26,064$385$26,449
Advertising-$9,043-$9,043
Payroll Taxes$5,267$3,348-$8,615
Fees for Services Other-$1,380$5,360$6,740
Insurance-$6,031-$6,031
Office Expenses-$3,435$752$4,187
Fees for Services Accounting-$2,919-$2,919
Depreciation Depletion$1,271$612-$1,883
All Other Expenses-$874-$874
Total Functional Expenses$364,996$97,436$6,497$468,929
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cottages$52,911$52,911$752$52,159
Total Events$52,911$52,911$6,497$46,414
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Board president, jacob bonynge is the son of the excutive director, denise burry.

Committee meeting documentation Part VI line 8B

We do not work in committees yet; no committee meeting documentation is required at this time.

Form 990 governing body review Part VI line 11

The executive director reviews the tax return with its preparer before signing and efiling it. The governing board is presented with a copy afterwards.

Conflict of interest policy compliance Part VI line 12C

There is a conflict of interest policy in place which complies with florida dept of agriculture and consumer services requirements.

Governing documents etc available to public Part VI line 19

Governing and tax documents are made available to the general public upon request, which is complied with by the executive director.

Filing and Contact Details

Filer

Filer Name
Forward Paths Foundation Inc
EIN
46-2442032
Address
PO BOX 492109, LEESBURG, FL 34749-2109

Signing Officer

Name
Denise Burry
Title
Executive Direc
Phone
3524082307
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise Burry
Formed
2013
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
50

Preparer

Firm
Go Figure Tax Solutions LLC
Address
201 N 3rd St, Leesburg, FL 34748
Preparer
Dawn Mainville EA
Phone
3527288588
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0500399
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AN UNUSUAL GOVT GRANT OF $284,626 WAS RECD IN 2022 WHICH IS NOT INCLUDED IN THE 33 1/3% PUBLIC SUPPORT CALCULATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Unusual grants Part II or Part III line 1
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0941414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0803305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0463865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0491861
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0327361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03027806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0479
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0102
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0818
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70380
IRS990ScheduleA/PublicSupportPY170Pct00.73380
IRS990ScheduleA/PublicSupportTotal170Amt02131617
IRS990ScheduleA/SubstantialContributorsTotAmt0896189
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0941414
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0803305
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0463865
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0491861
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0327361
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03027806
IRS990ScheduleA/TotalSupportAmt03028624
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0278289
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01271
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0279560
IRS990ScheduleD/EquipmentGrp/BookValueAmt01720
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07599
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09319
IRS990ScheduleD/LandGrp/BookValueAmt0237163
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0237163
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0517172
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06497
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0COTTAGES
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05360
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05360
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052911
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt052911
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052911
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052911
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt046414
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0752
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0752
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0385
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0385
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0KELLY BLUE BOOK
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt04421
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0THRIFT STORE VALUE
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt051574
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt01
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0GROCERY VALUE
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt015467
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0FAIR RENTAL VALUE
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt024000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD PRESIDENT, JACOB BONYNGE IS THE SON OF THE EXCUTIVE DIRECTOR, DENISE BURRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WE DO NOT WORK IN COMMITTEES YET; NO COMMITTEE MEETING DOCUMENTATION IS REQUIRED AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR REVIEWS THE TAX RETURN WITH ITS PREPARER BEFORE SIGNING AND EFILING IT. THE GOVERNING BOARD IS PRESENTED WITH A COPY AFTERWARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS A CONFLICT OF INTEREST POLICY IN PLACE WHICH COMPLIES WITH FLORIDA DEPT OF AGRICULTURE AND CONSUMER SERVICES REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING AND TAX DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST, WHICH IS COMPLIED WITH BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01260575
IRS990/TotalAssetsEOYAmt02018363
IRS990/TotalAssetsGrp/BOYAmt01260575
IRS990/TotalAssetsGrp/EOYAmt02018363
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01226039
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06497
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt097436
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0364996
IRS990/TotalFunctionalExpensesGrp/TotalAmt0468929
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0234945
IRS990/TotalLiabilitiesEOYAmt0235144
IRS990/TotalLiabilitiesGrp/BOYAmt0234945
IRS990/TotalLiabilitiesGrp/EOYAmt0235144
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01025630
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01783219
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0364996
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0479
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01226518
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01260575

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