Pathways to Purpose

“Tenesha Teasley, Executive Director and Board Member, and Taniya Teasley, Secretary/Treasurer and part-time employee, are sisters. This relationship has been disclosed to the full board, and all related-party matters are managed in accordance with the organizations conflict-of-interest policy.”

“A copy of the Form 990 is provided to all voting members of the Board of Directors prior to filing. The board reviews the return and provides feedback, and any questions or concerns are addressed before the return is submitted to the IRS.”

“The organizations Articles of Incorporation, Bylaws, and Conflict of Interest Policy are available to the public upon request. The Form 990 is also made available as required by law.”

“The organizations Articles of Incorporation, Bylaws, and Conflict of Interest Policy are available to the public upon request. The Form 990 is also made available as required by law.”

“The organizations Articles of Incorporation, Bylaws, and Conflict of Interest Policy are available to the public upon request. The Form 990 is also made available as required by law.”

“Schedule L, Part II Loans, Receivables, and Payables With Interested Persons The organization engaged in several financial transactions with Pathways to Purpose LLC, an entity 100% owned by the Executive Director and Board Member, Tenesha Teasley. These transactions were reviewed and approved by the Board in accordance with the organization's conflict-of-interest policy. (1) Amount Due From Affiliate: An incorrect deposit of $70,090 was made to Pathways to Purpose LLC instead of the nonprofit. The LLC owes these funds to the organization, and the balance remained outstanding at year end. (2) Loan Receivable From Affiliate: The organization has a loan receivable from Pathways to Purpose LLC with an ending balance of $101,910. This represents funds advanced to the LLC under a written note receivable. (3) Note Payable to Affiliate: The organization has a long-term note payable of $100,000 to Pathways to Purpose LLC. This loan was provided to the organization by the LLC for facility startup services and improvements. The balance remained outstanding at year end. --------------------------------------------------------------------- Schedule L, Part IV Business Transactions With Interested Persons Pathways to Purpose paid $30,000 in facility rent during the tax year to Pathways to Purpose LLC, an entity 100% owned by Executive Director and Board Member, Tenesha Teasley. The LLC owns the facility used by the organization. The lease is written at $2,500 per month and was reviewed and approved by the Board in accordance with the organizations conflict-of-interest policy.”