Civic Intelligence

Open Path Psychotherapy Collective Inc.

990 • Fiscal year 2021 • EIN 47-1657042

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 18, 2022

27 Church RoadAsheville, NC 28804

(800) 268-2833

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2021 filings • NTEE E • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2021 filings • NTEE E • $1M-$5M nonprofits • Source year 2021

Net Margin

81st percentile

33%

Higher net margin than 81% of similar nonprofits.

2021 filings • NTEE E • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$273,054

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2021 filings • NTEE E • $1M-$5M nonprofits • Source year 2021

Asset Growth

85th percentile

41%

Faster asset growth than 85% of similar nonprofits.

2021 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

26%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,170,523

Up $634,525 (+41%) from 2020

Net Assets

Up

$2,105,431

Up $634,525 (+43%) from 2020

Liabilities

Flat

$65,092

Flat from 2020

Revenue

Up

$1,966,960

Up $408,667 (+26%) from 2020

Expenses

Up

$1,325,674

Up $461,724 (+53%) from 2020

Net Income

Down

$641,286

Down $53,057 (-7.6%) from 2020

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 2014: $44,380Net Assets 2014: $44,3802014Assets 2015: $65,029Net Assets 2015: $65,0292015Assets 2016: $127,224Liabilities 2016: $0Net Assets 2016: $127,2242016Assets 2017: $259,867Liabilities 2017: $0Net Assets 2017: $259,8672017Assets 2018: $453,733Liabilities 2018: $0Net Assets 2018: $453,7332018Assets 2019: $771,487Liabilities 2019: $0Net Assets 2019: $771,4872019Assets 2020: $1,535,998Liabilities 2020: $65,092Net Assets 2020: $1,470,9062020Assets 2021: $2,170,523Liabilities 2021: $65,092Net Assets 2021: $2,105,4312021Assets 2022: $2,332,105Liabilities 2022: $6,396Net Assets 2022: $2,325,7092022Assets 2023: $2,542,624Liabilities 2023: $0Net Assets 2023: $2,542,6242023Assets 2024: $2,696,197Liabilities 2024: $0Net Assets 2024: $2,696,1972024

Highlighted filing

2021

Assets$2,170,523
Liabilities$65,092
Net Assets$2,105,431

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2014: $75,336Expenses 2014: $30,956Net Income 2014: $44,3802014Revenue 2015: $160,364Expenses 2015: $139,715Net Income 2015: $20,6492015Revenue 2016: $280,191Expenses 2016: $218,069Net Income 2016: $62,1222016Revenue 2017: $531,267Expenses 2017: $398,145Net Income 2017: $133,1222017Revenue 2018: $645,137Expenses 2018: $451,271Net Income 2018: $193,8662018Revenue 2019: $879,721Expenses 2019: $567,876Net Income 2019: $311,8452019Revenue 2020: $1,558,293Expenses 2020: $863,950Net Income 2020: $694,3432020Revenue 2021: $1,966,960Expenses 2021: $1,325,674Net Income 2021: $641,2862021Revenue 2022: $1,873,215Expenses 2022: $1,604,297Net Income 2022: $268,9182022Revenue 2023: $1,919,246Expenses 2023: $1,716,299Net Income 2023: $202,9472023Revenue 2024: $1,757,166Expenses 2024: $1,607,872Net Income 2024: $149,2942024

Highlighted filing

2021

Revenue$1,966,960
Expenses$1,325,674
Net Income$641,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 18, 2022
Return Version
2021v4.1
Gross Receipts
$1,966,960
Mission and Program Overview

Mission

Affordable psychotherapy. See Note

In partnership with licensed mental health clinicians in private practice throughout the fifty states, Open Path Psychotherapy Collective provides middle and lower-income level individuals, (Continued on page 2)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$906,838$1,505,605▲ $598,767
Land, Buildings, and Equipment, Net$377,789$362,104▼ $15,685
Cash and Non-Interest-Bearing Accounts$251,371$302,814▲ $51,443
Total Assets$1,535,998$2,170,523▲ $634,525
Liabilities
Unsecured Notes Loans Payable$65,092$65,092→ $0
Total Liabilities$65,092$65,092→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,470,906$2,105,431▲ $634,525
Total Net Assets Fund Balance$1,470,906$2,105,431▲ $634,525
Total Liabilities and Net Assets / Fund Balance$1,535,998$2,170,523▲ $634,525

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$359,150$36,850$396,000
Other Land Buildings$2,788$74,961$77,749
Equipment$166$6,493$6,659
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul FugelsangExecutive DirectorFT$223,576$49,478$273,054
Paul Fugelsang--$223,576$49,478$273,054

Board Members and Trustees

NameTitle
Sussannah GebhartPresident
Myleik TeeleVice President
Ian HendersonSecretary
Christina SimpsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$68,419
Program Service Revenue
$1,893,221
Investment Income
$5,320
Other Revenue
$0
All Other Contributions
$68,419
Change in Net Assets
$641,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$828,928
Other Expenses$496,746
Total Fundraising Expense$83,283
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$266,085$141,913$35,478$443,476
Advertising$242,969$54,668$13,262$310,899
Current Officers, Directors, Trustees, and Key Employees$163,833$87,377$21,845$273,055
Office Expenses$68,420$15,926$1,711$86,057
Other Employee Benefits$35,203$18,775$4,693$58,671
Payroll Taxes$30,836$16,446$4,111$51,393
Information Technology$40,332$9,075$1,008$50,415
Depreciation Depletion$12,548$2,823$314$15,685
Occupancy$9,315$2,096$233$11,644
Fees for Services Other$3,645$1,426$304$5,375
Other Expenses$5,000$0$0$5,000
Fees for Services Accounting$0$3,698$0$3,698
Insurance$2,954$665$74$3,693
Pension Plan Contributions$1,400$747$186$2,333
Conferences and Meetings$1,072$241$27$1,340
Travel$622$69$0$691
Fees for Services Legal$447$100$11$558
Total Functional Expenses$885,339$357,052$83,283$1,325,674
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Open Path Psychotherapy Collective
EIN
47-1657042
Phone
8002682833
Address
27 Church Road, Asheville, NC 28804

Signing Officer

Name
Paul Fugelsang
Title
Executive Director
Phone
8002682833
Signed
2022-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Fugelsang
Formed
2014
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
10
Volunteers
0

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Stephen C Corliss
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is prepared by independent accountants. The policy calls for review by management, then the Board of Directors before filing.

Pt VI, Line 12C

Enforced as necessary. Any Board Member with a conflict of interest on any specific issue informs the Board and abstains from voting on the issue.

Pt VI, Line 15A

In the annual budgeting process, the Board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increases for employees are determined by the Executive Director. The Board of Directors sets the Executive Director's salary after a performance review and a check of comparable salary information for similar organizations with similar budgets.

Pt VI, Line 18

Forms 990 are available on the IRS Website and the websites of many charity watch organizations.Form 1023 is available opon request.

Pt VI, Line 19

Governing documents and reviewed financial statements are available upon request.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0In 2021 Open Path expanded its affordable psychotherapy initiative, its affordable mental health education program, and Being Seen, an initiative designed to help insurance-based and full-fee clients access to reputable therapists in their communities. Starting the year, Open Path was connecting an average of 2000 clients a month with affordable care. By the end of 2021, Open Path had increased its therapist numbers to nearly 15,000 in all 50 states and was connecting an average of 2,200 new clients a month. In 2021 Open Path continued to build its Healing Arts Collective, a newer initiative that seeks to help people connect to affordable holistic care. In 2021 Open Path signed on close to 800 practitioners to be members of this new group. Throughout 2021, Open Path continued to develop its mental health education initiative. All of Open Path's social-emotional learning courses can be accessed for a one-time fee of $4.99. By the end of 2021, Open Path had connected a grand total of 51,000 students to affordable mental health education. In 2021, 288 therapists joined Being Seen.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Paul Fugelsang
IRS990/Form990PartVIISectionAGrp/PersonNm1Sussannah Gebhart
IRS990/Form990PartVIISectionAGrp/PersonNm2Myleik Teele
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0119451
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01643
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0233
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0304
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01893221
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01519426
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0874025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0640198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0527557
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05454427
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05320
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01643
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0233
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07500
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal509Amt05573878
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01961640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01556650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0879488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0644833
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0531267
IRS990ScheduleA/Total509Grp/TotalAmt05573878
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05581378
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/BookValueAmt0359150
IRS990ScheduleD/BuildingsGrp/DepreciationAmt036850
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0396000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0166
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06493
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06659
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02788
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt074961
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt077749
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0362104
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt041296
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08182
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Paul Fugelsang
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0273054
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is prepared by independent accountants. The policy calls for review by management, then the Board of Directors before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Enforced as necessary. Any Board Member with a conflict of interest on any specific issue informs the Board and abstains from voting on the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2In the annual budgeting process, the Board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increases for employees are determined by the Executive Director. The Board of Directors sets the Executive Director's salary after a performance review and a check of comparable salary information for similar organizations with similar budgets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Forms 990 are available on the IRS Website and the websites of many charity watch organizations.Form 1023 is available opon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents and reviewed financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01535998
IRS990/TotalAssetsEOYAmt02170523
IRS990/TotalAssetsGrp/BOYAmt01535998
IRS990/TotalAssetsGrp/EOYAmt02170523
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt068419
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt083283
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0357052
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0885339
IRS990/TotalFunctionalExpensesGrp/TotalAmt01325674
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt065092
IRS990/TotalLiabilitiesEOYAmt065092
IRS990/TotalLiabilitiesGrp/BOYAmt065092
IRS990/TotalLiabilitiesGrp/EOYAmt065092
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01470906
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02105431
IRS990/TotalOtherCompensationAmt049478
IRS990/TotalProgramServiceExpensesAmt0885339
IRS990/TotalProgramServiceRevenueAmt01893221
IRS990/TotalReportableCompFromOrgAmt0223576
IRS990/TotalRevenueGrp/ExclusionAmt05320
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01893221

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