Overview
What is The New Path Inc Lutz?
The New Path Inc Lutz, located in Tipp City, Ohio, is a faith-based organization dedicated to aiding individuals and families in financial distress. Operating with a team of both staff and volunteers, they provide various programs aimed at offering affordable alternatives to basic necessities. Their mission is to pave a pathway towards a more promising future for those struggling economically, through means such as better education, access to technology, stable housing, and safe neighborhoods. The organization serves an annual average of 48,000 individuals across Miami County, Ohio, and parts of Montgomery County, Ohio. One of their notable initiatives is the food pantry, which offers a monthly supply of diverse food products to families meeting federal poverty income guidelines or in an emergency crisis.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The New Path Inc has achieved a remarkable overall score of 98%, which translates into a Four-Star rating, indicating strong performance in accountability and financial health. The organization displays an outstanding program expense ratio of 94.50%, suggesting that a significant portion of its funds is dedicated to its programs rather than administrative costs. Their reported liabilities to assets ratio of 4.24% further reflects solid financial stability.
A closer look at specific metrics reveals that The New Path Inc excels particularly in the areas of impact and measurement, scoring a perfect 100%. This indicates a robust capacity to measure its effectiveness and the positive outcomes of its initiatives. Additionally, the organization has implemented eight equity practices, demonstrating a commitment to equity and inclusiveness within its operations.
However, there are notable weaknesses in leadership and adaptability, which scored only 9%. This suggests potential challenges in navigating changes or engaging effectively with leadership practices. Overall, while The New Path Inc shows strong financial and impact-oriented performance, addressing leadership dynamics could enhance its overall effectiveness and community engagement further.
This AI summary has been generated from information found on Charity Navigator.
Is The New Path Inc Lutz legitimate?
The New Path Inc Lutz is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Path Inc Lutz submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $85,021
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,642
For more financial information, click here
What is the mission statement of The New Path Inc Lutz?
The New Path Inc, as a faith-based organization, is committed to assisting families and individuals in financial crisis. Their mission is to provide affordable alternatives to basic necessities for individuals struggling economically, offering a pathway to a more promising life through better education, access to technology, stable housing, and safe neighborhoods. In a given year, they serve approximately 48,000 individuals in Miami County, Ohio, and portions of Montgomery County, Ohio. The organization operates a food pantry, providing a variety of foods to families who meet federal poverty income guidelines or are in an emergency crisis.
Who is the CEO of The New Path Inc Lutz?
William Lutz is the Executive Di of The New Path Inc Lutz.
What is the revenue of The New Path Inc Lutz?
The New Path Inc Lutz's revenue in 2022 was $1,544,669.
Who are the executives of The New Path Inc Lutz and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for The New Path Inc Lutz?
The New Path Inc Lutz's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The New Path Inc Lutz
The New Path Inc, a faith-based organization, is dedicated to assisting families and individuals in financial crisis. Their mission is to provide affordable alternatives to basic necessities for individuals who are economically struggling and offer a pathway to a more promising life through better education, access to technology, stable housing, and safe neighborhoods. This nonprofit organization serves approximately 48,000 individuals each year in Miami County, Ohio, and portions of Montgomery County, Ohio. One of their key programs is the food pantry, which offers a variety of food items to families who meet federal poverty income guidelines or are in an emergency crisis. The food pantry provides essential services to individuals in need.
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Impact
October, 2024
The New Path Inc Lutz plays a vital role in addressing the needs of families and individuals facing financial crises in Miami County and parts of Montgomery County, Ohio. By offering a range of programs, the organization provides affordable alternatives to basic needs, significantly impacting the lives of those struggling economically.
Through its food pantry, The New Path Inc ensures that families in crisis receive a diverse selection of food monthly, helping to alleviate hunger and promote nutritional health. This initiative not only addresses immediate food insecurity but also supports the broader goal of stabilizing households during challenging times.
Beyond providing essential food services, The New Path Inc fosters pathways to enhance the quality of life for community members. By facilitating access to education, technology, and stable housing, the organization empowers individuals to build a better future. Its commitment to creating safe neighborhoods contributes to the overall health and well-being of the community.
In a typical year, The New Path Inc serves approximately 48,000 individuals, making a substantial impact by reaching out to those in need and connecting them with resources that can lead to long-term positive change. Through the combined efforts of dedicated staff and volunteers, The New Path Inc Lutz exemplifies a model of compassionate service that transforms lives and strengthens the community.
This information is meant to be a general summary of The New Path Inc Lutz. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$2,205
- Gross Receipts: $1,552,733
Assets and Liabilities:
- Total Assets: $871,195
- Total Liabilities: $36,954
- Net Assets: $834,241
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Organization Details
Founding Year
2000
Phone
(937) 667-5375Principal Officer
William Lutz
Main Address
7695 S COUNTY ROAD 25 A, TIPP CITY, OH, 45371
NTEE Category
Code: P60 - Human services
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