Civic Intelligence

Paths for Success Foundation

EIN 88-3777372 • 501(c)3 • Montgomery, AL

Profile

Paths for success foundation is a non-profit organization designed to assist alabama citizens in obtaining skills, credentials, and/or certifications that lead to gainful employment. The foundation provides opportunities by eliminating barriers that impact an individual's ability to participate.

8232 Old Federal RoadMontgomery, AL 36117

www.pathsforsuccess.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

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

Liabilities / Revenue

34th percentile

0.02x

Higher debt load relative to revenue than 34% of similar nonprofits.

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

Net Margin

5th percentile

-71%

Higher net margin than 5% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

Up

$1,563,274

Up $484,597 (+45%) from 2022

Liabilities

Up

$8,024

Up $3,138 (+64%) from 2022

Net Assets

Up

$1,555,250

Up $481,459 (+45%) from 2022

Revenue

Up

$1,129,225

Up $899,953 (+393%) from 2022

Expenses

Up

$647,766

Up $255,710 (+65%) from 2022

Net Income

Up

$481,459

Up $644,243 (+396%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2022: $1,078,677Liabilities 2022: $4,886Net Assets 2022: $1,073,7912022Assets 2023: $1,563,274Liabilities 2023: $8,024Net Assets 2023: $1,555,2502023

Highlighted filing

2023

Assets$1,563,274
Liabilities$8,024
Net Assets$1,555,250

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2022: $229,272Expenses 2022: $392,056Net Income 2022: -$162,7842022Revenue 2023: $1,129,225Expenses 2023: $647,766Net Income 2023: $481,4592023

Highlighted filing

2023

Revenue$1,129,225
Expenses$647,766
Net Income$481,459

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 30, 2024
Return Version
2023v5.1
Gross Receipts
$1,356,446
Mission and Program Overview

Mission

Paths for success foundation is a non-profit organization designed to assist alabama citizens in obtaining skills, credentials, and/or certifications that lead to gainful employment. The foundation provides opportunities by eliminating barriers that impact an individual's ability to participate.

To assist alabama citizens in obtaining skills, credentials, and/or certifications that lead to gainful employment. To provide opportunities by eliminating barriers that impact an individual's ability to participate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,073,791$1,555,250▲ $481,459
Investments in Publicly Traded Securities$980,314$781,970▼ $198,344
Cash and Non-Interest-Bearing Accounts$91,317$769,345▲ $678,028
Savings and Temporary Cash Investments$331$331→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,078,677$1,563,274▲ $484,597
Other Assets Total$6,715$11,628▲ $4,913
Liabilities
Other Liabilities$4,886$8,024▲ $3,138
Total Liabilities$4,886$8,024▲ $3,138
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,073,791$1,555,250▲ $481,459
Total Liabilities and Net Assets / Fund Balance$1,078,677$1,563,274▲ $484,597
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg CochranVice President
George ClarkBoard Member
Greg BarkerBoard Member
Helena DuncanBoard Member
Jeff PeoplesBoard Member
Jimmy BakerBoard Member
Kevin SavoyBoard Member
Michelle HurdleBoard Member
Sonny BrasfieldBoard Member
Taylor WilliamsBoard Member
Tim LewisBoard Member
Neal WadePresidenet
Michelle JordanSecretary
Terry MitchellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,066,133
Investment Income
$63,092
Other Revenue
$0
Change in Net Assets
$481,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Professional Fundraising Fees$237,693
Total Fundraising Expense$237,693
Salaries, Compensation, and Employee Benefits$157,976
Other Expenses$142,724
Grants and Similar Amounts Paid$109,373

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$237,693$237,693
Current Officers, Directors, Trustees, and Key Employees$86,827$61,000-$147,827
Grants to Domestic Orgs$109,373--$109,373
Conferences and Meetings$56,264--$56,264
Advertising$31,179--$31,179
Office Expenses$18,414--$18,414
Fees for Services Accounting$15,387--$15,387
Payroll Taxes$10,149--$10,149
Occupancy$8,520--$8,520
Fees for Services Legal$5,342--$5,342
Travel$1,892--$1,892
Insurance$1,142--$1,142
Other Expenses$84--$84
Total Functional Expenses$349,073$61,000$237,693$647,766
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northeast Alabama Community CollegeRainsville, ALIrc 501(c)(3)Google Grantgoogle Grant$50,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$237,693
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$8,024
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The treasurer reviews the tax return before filing. Then submits the tax return to the executive board for review. Then the tax return is presented to the entire board at the annual meeting.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Paths for Success Foundation
EIN
88-3777372
Phone
3342440307
Address
8232 OLD FEDERAL ROAD, MONTGOMERY, AL 36117

Signing Officer

Name
Terry Mitchell
Title
Treasurer
Phone
3342440307
Signed
2024-08-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Mitchell
Formed
1990
Legal Domicile
Al
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
0

Preparer

Firm
Timothy a Hall LLC
Address
PO BOX 241521, MONTGOMERY, AL 36124-1521
Preparer
Timothy a Hall CPA
Phone
3342440307
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt081869
IRS990ScheduleA/InvestmentIncomeCYPct00.05900
IRS990ScheduleA/InvestmentIncomePYPct00.22870
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt040139
IRS990ScheduleA/OtherIncome509Grp/TotalAmt040139
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91200
IRS990ScheduleA/PublicSupportPY509Pct00.77130
IRS990ScheduleA/PublicSupportTotal509Amt01264883
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01066233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0155450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043200
IRS990ScheduleA/Total509Grp/TotalAmt01264883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01129325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0199851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt057715
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01386891
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08024
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt08024
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CAPTIAL CAMPAIGN
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-75675
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0D&G COMMUNITY DEVELOPMENT
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt075675
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0924 GREENCRREST STREET
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0PRATTVILLE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd036067
IRS990ScheduleG/TotalNetToOrganizationAmt0-75675
IRS990ScheduleG/TotalRetainedByContractorsAmt075675
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0IRC 501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GOOGLE GRANTGOOGLE GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHEAST ALABAMA COMMUNITY COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0630504999
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 159
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RAINSVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0359860159
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS THE TAX RETURN BEFORE FILING. THEN SUBMITS THE TAX RETURN TO THE EXECUTIVE BOARD FOR REVIEW. THEN THE TAX RETURN IS PRESENTED TO THE ENTIRE BOARD AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01078677
IRS990/TotalAssetsEOYAmt01563274
IRS990/TotalAssetsGrp/BOYAmt01078677
IRS990/TotalAssetsGrp/EOYAmt01563274
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0237693
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0349073
IRS990/TotalFunctionalExpensesGrp/TotalAmt0647766
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04886
IRS990/TotalLiabilitiesEOYAmt08024
IRS990/TotalLiabilitiesGrp/BOYAmt04886
IRS990/TotalLiabilitiesGrp/EOYAmt08024
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01073791
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01555250
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0349073
IRS990/TotalProgramServiceRevenueAmt01066133
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01129225
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01129225
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01078677
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01563274
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01892
IRS990/TravelGrp/TotalAmt01892
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08232 OLD FEDERAL ROAD
IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036117
IRS990/VotingMembersGoverningBodyCnt015

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