Civic Intelligence

Path of Hope Inc.

990 • Fiscal year 2018 • EIN 56-1134544

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 31, 2018

PO Box 1824Lexington, NC 27293

(336) 248-8914

Siviq Scores

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

Liabilities / Assets

58th percentile

0.11x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • NTEE F • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.06x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • NTEE F • $500k-$1M nonprofits • Source year 2018

Net Margin

36th percentile

-2.1%

Higher net margin than 36% of similar nonprofits.

2018 filings • NTEE F • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

25th percentile

-5.8%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

0.8%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$489,229

Down $30,008 (-5.8%) from 2017

Net Assets

Down

$435,615

Down $17,047 (-3.8%) from 2017

Liabilities

Down

$53,614

Down $12,961 (-19%) from 2017

Revenue

Up

$833,493

Up $6,318 (+0.8%) from 2017

Expenses

Up

$850,648

Up $33,843 (+4.1%) from 2017

Net Income

Down

-$17,155

Down $27,525 (-265%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $607,038Liabilities 2011: $96,442Net Assets 2011: $510,5962011Assets 2012: $630,171Liabilities 2012: $94,622Net Assets 2012: $535,5492012Assets 2013: $609,227Liabilities 2013: $98,503Net Assets 2013: $510,7242013Assets 2014: $508,687Liabilities 2014: $87,395Net Assets 2014: $421,2922014Assets 2015: $545,753Liabilities 2015: $88,986Net Assets 2015: $456,7672015Assets 2016: $518,065Liabilities 2016: $75,773Net Assets 2016: $442,2922016Assets 2017: $519,237Liabilities 2017: $66,575Net Assets 2017: $452,6622017Assets 2018: $489,229Liabilities 2018: $53,614Net Assets 2018: $435,6152018Assets 2019: $504,886Liabilities 2019: $53,649Net Assets 2019: $451,2372019Assets 2020: $854,754Liabilities 2020: $458,342Net Assets 2020: $396,4122020Assets 2021: $903,653Liabilities 2021: $353,459Net Assets 2021: $550,1942021Assets 2022: $784,632Liabilities 2022: $327,189Net Assets 2022: $457,4432022Assets 2023: $735,632Liabilities 2023: $448,862Net Assets 2023: $286,7702023Assets 2024: $820,131Liabilities 2024: $399,999Net Assets 2024: $420,1322024Assets 2025: $864,911Liabilities 2025: $294,998Net Assets 2025: $569,9132025

Highlighted filing

2018

Assets$489,229
Liabilities$53,614
Net Assets$435,615

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $838,789Expenses 2011: $766,447Net Income 2011: $72,3422011Revenue 2012: $859,831Expenses 2012: $834,878Net Income 2012: $24,9532012Revenue 2013: $804,506Expenses 2013: $829,331Net Income 2013: -$24,8252013Revenue 2014: $756,664Expenses 2014: $835,617Net Income 2014: -$78,9532014Revenue 2015: $856,660Expenses 2015: $821,185Net Income 2015: $35,4752015Revenue 2016: $777,833Expenses 2016: $792,308Net Income 2016: -$14,4752016Revenue 2017: $827,175Expenses 2017: $816,805Net Income 2017: $10,3702017Revenue 2018: $833,493Expenses 2018: $850,648Net Income 2018: -$17,1552018Revenue 2019: $881,036Expenses 2019: $862,594Net Income 2019: $18,4422019Revenue 2020: $920,863Expenses 2020: $975,688Net Income 2020: -$54,8252020Revenue 2021: $1,439,428Expenses 2021: $1,273,328Net Income 2021: $166,1002021Revenue 2022: $1,175,970Expenses 2022: $1,269,681Net Income 2022: -$93,7112022Revenue 2023: $1,054,574Expenses 2023: $1,225,566Net Income 2023: -$170,9922023Revenue 2024: $1,561,033Expenses 2024: $1,429,507Net Income 2024: $131,5262024Revenue 2025: $1,524,315Expenses 2025: $1,370,564Net Income 2025: $153,7512025

Highlighted filing

2018

Revenue$833,493
Expenses$850,648
Net Income-$17,155
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 31, 2018
Return Version
2017v2.2
Gross Receipts
$835,110
Mission and Program Overview

Mission

Substance abuse treatment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$419,643$397,951▼ $21,692
Cash and Non-Interest-Bearing Accounts$64,005$54,069▼ $9,936
Accounts Receivable$24,324$26,090▲ $1,766
Investments Other Securities$7,265$7,119▼ $146
Pledges and Grants Receivable$4,000$4,000→ $0
Total Assets$519,237$489,229▼ $30,008
Liabilities
Mortgage Notes Payable Secured by Investment Property$57,556$45,913▼ $11,643
Accounts Payable and Accrued Expenses$9,019$7,701▼ $1,318
Total Liabilities$66,575$53,614▼ $12,961
Net Assets / Fund Balance
Unrestricted Net Assets$441,397$424,496▼ $16,901
Temporarily Rstr Net Assets$11,265$11,119▼ $146
Total Net Assets Fund Balance$452,662$435,615▼ $17,047
Total Liabilities and Net Assets / Fund Balance$519,237$489,229▼ $30,008

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$274,567$464,856$739,423
Equipment$123,384$134,179$257,563
Other Securities$7,119--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Billy Medford JrBoard of Directors Chairman
Elizabeth SchenckVice Chairman Board of Direct
E Drew NelsonBoard Member
Frankie YoungBoard Member
Jean AshleyBoard Member
Jim LuckBoard Member
Rhonda WagnerBoard Member
Richard GreenBoard Member
Angie BantherExecutive Director
Margaret Ann HouseFinance Director
Heather Y DavisSecretary
Marcia HenriksenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$32,340
Program Service Revenue
$795,945
Investment Income
$228
Other Revenue
$4,980
All Other Contributions
$7,887
Change in Net Assets
$-17,155

Audited Revenue Reconciliation

Revenue per Audited Statements
$833,493
Total Revenue per Audited Statements
$833,493
Total Revenue per Form 990
$833,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$634,760
Other Expenses$215,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$453,787$35,952-$489,739
Other Employee Benefits$85,280$360-$85,640
Payroll Taxes$56,653$2,728-$59,381
Other Expenses$41,307$17,500-$41,307
Depreciation Depletion$25,048$10,369-$35,417
Occupancy$32,265$2,809-$35,074
Insurance$19,986--$19,986
Travel$8,182$9,611-$17,793
Office Expenses-$14,361-$14,361
Information Technology$7,233$1,415-$8,648
Fees for Services Accounting-$6,500-$6,500
Interest$1,770--$1,770
Advertising$590--$590
All Other Expenses$533--$533
Total Functional Expenses$749,043$101,605$0$850,648

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$850,648
Total Expenses per Audited Statements$850,648
Total Expenses per Form 990$850,648
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,743
Fundraising Direct Expenses$1,617
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Grady HouseHusband to Finance DirectorGrounds MaintenanceNo$17,850
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
Yes
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

Form 990 governing body review Part VI line 11

The tax return and audit are reviewed by the board before finalizing the reoports. The tax return is then signed and mailed.

Governing documents etc available to public Part VI line 19

These documents are open for public inspection and copies of the audit are distributed to agencies that require copies.

Filing and Contact Details

Filer

Filer Name
Path of Hope Inc
EIN
56-1134544
Address
PO Box 1824, Lexington, NC 27293

Signing Officer

Name
Billy Medford Jr
Title
Board Chairman
Phone
3362488914
Signed
2018-08-31
Discuss with paid preparer
No

Organization Details

Principal Officer
Angie Banther
Formed
1976
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
26

Preparer

Firm
John Bennett Brown CPA PC
Address
1040 Randolph St Suite 44, Thomasville, NC 27360
Preparer
John Bennett Brown
Phone
3364757124
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IRS990/OtherExpensesGrp/ProgramServicesAmt21709
IRS990/OtherExpensesGrp/ProgramServicesAmt341307
IRS990/OtherExpensesGrp/TotalAmt02518
IRS990/OtherExpensesGrp/TotalAmt129682
IRS990/OtherExpensesGrp/TotalAmt21709
IRS990/OtherExpensesGrp/TotalAmt341307
IRS990/OtherRevenueMiscGrp/BusinessCd0624100
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED LOSS ON STK
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-146
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-146
IRS990/OtherRevenueTotalAmt0-146
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035952
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0453787
IRS990/OtherSalariesAndWagesGrp/TotalAmt0489739
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02728
IRS990/PayrollTaxesGrp/ProgramServicesAmt056653
IRS990/PayrollTaxesGrp/TotalAmt059381
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ANGIE BANTHER
IRS990/PriorPeriodAdjustmentsAmt0108
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENTIAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0795945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0795945
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt032588
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0168
IRS990/PYOtherExpensesAmt0220886
IRS990/PYOtherRevenueAmt09287
IRS990/PYProgramServiceRevenueAmt0785132
IRS990/PYRevenuesLessExpensesAmt010370
IRS990/PYSalariesCompEmpBnftPaidAmt0595919
IRS990/PYTotalExpensesAmt0816805
IRS990/PYTotalRevenueAmt0827175
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-17155
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0796027
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0828285
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0817720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0760077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0840613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0747309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03994004
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0228
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0127
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0134
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0798
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04980
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09287
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt030574
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0386
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01317
IRS990ScheduleA/OtherIncome170Grp/TotalAmt046544
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98240
IRS990ScheduleA/PublicSupportPY170Pct00.98100
IRS990ScheduleA/PublicSupportTotal170Amt03970172
IRS990ScheduleA/SubstantialContributorsTotAmt023832
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0828285
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0817720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0760077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0840613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0747309
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03994004
IRS990ScheduleA/TotalSupportAmt04041346
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0274567
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0464856
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0739423
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123384
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0134179
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0257563
IRS990ScheduleD/ExpensesSubtotalAmt0850648
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07119
IRS990ScheduleD/OtherSecuritiesGrp/Desc0STOCK HELD
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueSubtotalAmt0833493
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0397951
IRS990ScheduleD/TotalBookValueSecuritiesAmt07119
IRS990ScheduleD/TotalExpensesPerForm990Amt0850648
IRS990ScheduleD/TotalRevenuePerForm990Amt0833493
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0833493
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0850648
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0GRADY HOUSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0HUSBAND TO FINANCE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt017850
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0GROUNDS MAINTENANCE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN AND AUDIT ARE REVIEWED BY THE BOARD BEFORE FINALIZING THE REOPORTS. THE TAX RETURN IS THEN SIGNED AND MAILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE DOCUMENTS ARE OPEN FOR PUBLIC INSPECTION AND COPIES OF THE AUDIT ARE DISTRIBUTED TO AGENCIES THAT REQUIRE COPIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt011265
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt011119
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0519237
IRS990/TotalAssetsEOYAmt0489229
IRS990/TotalAssetsGrp/BOYAmt0519237
IRS990/TotalAssetsGrp/EOYAmt0489229
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt032340
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101605
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0749043
IRS990/TotalFunctionalExpensesGrp/TotalAmt0850648
IRS990/TotalGrossUBIAmt05126
IRS990/TotalLiabilitiesBOYAmt066575
IRS990/TotalLiabilitiesEOYAmt053614
IRS990/TotalLiabilitiesGrp/BOYAmt066575
IRS990/TotalLiabilitiesGrp/EOYAmt053614
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0452662
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0435615
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0749043
IRS990/TotalProgramServiceRevenueAmt0795945

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.29$0.57$1.52$1.37$0.15
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.40$0.42$1.56$1.43$0.13
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.45$0.29$1.05$1.23$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.33$0.46$1.18$1.27$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.35$0.55$1.44$1.27$0.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.46$0.40$0.92$0.98$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.05$0.45$0.88$0.86$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.05$0.44$0.83$0.85$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.07$0.45$0.83$0.82$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.08$0.44$0.78$0.79$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.09$0.46$0.86$0.82$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.09$0.42$0.76$0.84$0.08
2013Summary only. Only limited summary data is available for this year.$0.61$0.10$0.51$0.80$0.83$0.02
2012Summary only. Only limited summary data is available for this year.$0.63$0.09$0.54$0.86$0.83$0.02
2011Summary only. Only limited summary data is available for this year.$0.61$0.10$0.51$0.84$0.77$0.07