Overview
What is Pathfinder Homes Inc?
Pathfinder Homes Inc. is a nonprofit organization located in Jacksonville, Arkansas, specifically at PO Box 647. Their primary focus is to provide a group home for twelve developmentally disabled individuals. The organization offers living and self-help skills training, aiming to empower these individuals to live independently within their community. The construction of the group home was funded through Section 202 loans obtained from HUD, and HUD also supplements the rentals for the residents. The residents are required to pay a rental amount, which is approximately 30% of their adjusted income or a flat rental fee determined by HUD. Pathfinder Homes Inc. strives to equip its residents with the necessary skills to lead independent lives, thereby contributing positively to their community.
Official website here: www.pathfinderinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating
Pathfinder Homes Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 75% overall, with its score derived entirely from its accountability and finance metrics. Notably, it has an exemplary independent board with all 10 members being independent, which reflects strong governance practices.
The organization demonstrates significant strengths in financial management, evidenced by a high program expense ratio of 80.18%, indicating that a substantial portion of its budget is dedicated to its mission-driven activities. Furthermore, the organization has robust policies in place such as a conflict of interest and whistleblower policy, with complete documentation of board meeting minutes, reinforcing its commitment to transparency and ethical governance.
However, there are areas for improvement, particularly regarding the liabilities to assets ratio, which stands at 76.97%. This figure suggests potential financial vulnerability and raises questions about the organization's overall financial health. Despite this, Pathfinder Homes Inc shows a commitment to effective management and accountability, making it a reliable option for donors looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pathfinder Homes Inc legitimate?
Pathfinder Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pathfinder Homes Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,807
For more financial information, click here
Official website here: www.pathfinderinc.org
What is the mission statement of Pathfinder Homes Inc?
Pathfinder Homes Inc. serves as a group home for twelve individuals with developmental disabilities, providing them with living and self-help skills training. The aim is to equip these individuals to live independently within their community. The organization secured funding for construction through Section 202 loans from the HUD, and the rental costs for the residents are partially covered by HUD. The residents are required to pay a rental amount, which is either 30% of their adjusted income or a flat fee determined by HUD. In essence, Pathfinder Homes Inc. is committed to empowering individuals with developmental disabilities towards independent living, offering them essential skills and supportive housing.
Official website here: www.pathfinderinc.org
Who is the CEO of Pathfinder Homes Inc?
James Green is the Executive Director of Pathfinder Homes Inc.
Official website here: www.pathfinderinc.org
What is the revenue of Pathfinder Homes Inc?
Pathfinder Homes Inc's revenue in 2022 was $109,436.
Official website here: www.pathfinderinc.org
Who are the executives of Pathfinder Homes Inc and what are their salaries?
There 12 volunteers at Pathfinder Homes Inc.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $144,486
- Other: $23,253
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- Other: $22,089
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Official website here: www.pathfinderinc.org
Where can I find the form 990 for Pathfinder Homes Inc?
Pathfinder Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pathfinderinc.org
Learn more at the official website: www.pathfinderinc.org
Mission Statement of Pathfinder Homes Inc
Pathfinder Homes Inc. is a dedicated organization that provides a group home for twelve individuals with developmental disabilities. The primary mission of Pathfinder Homes Inc. is to equip these individuals with essential living and self-help skills, ultimately enabling them to live independently within their community. To facilitate this mission, Pathfinder Homes Inc. leverages funds obtained from the U.S. Department of Housing and Urban Development (HUD) through Section 202 loans. This financial support is instrumental in constructing the group home and providing subsidized rental accommodations for the residents. In addition to the financial assistance, HUD also supplements the rental payments for the residents, requiring them to contribute a portion of their adjusted income or pay a flat rental fee determined by HUD. This financial arrangement ensures that the residents can afford their living expenses while learning the skills necessary for independent living.
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Impact
October, 2024
Pathfinder Homes Inc positively impacts the lives of developmentally disabled individuals by providing a supportive group home environment for twelve residents in Jacksonville, Arkansas. The organization focuses on empowering its residents through essential living and self-help skills training. This training equips individuals with the tools they need to live more independently within their community, fostering a sense of autonomy and self-sufficiency.
Financially, Pathfinder Homes is sustained through a combination of HUD-provided Section 202 loan funds and rental support that helps cover living expenses. Rentals are designed to be affordable, typically amounting to approximately 30% of a resident's adjusted income or a flat fee, ensuring that financial constraints do not impede their ability to thrive in a supportive living arrangement.
By creating a nurturing environment, Pathfinder Homes Inc not only enhances the quality of life for its residents but also encourages their integration and participation in the broader community, ultimately promoting dignity and individual growth.
This information is meant to be a general summary of Pathfinder Homes Inc. 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: $44
- Program Service Revenue: $39,264
- Gross Receipts: $109,436
Assets and Liabilities:
- Total Assets: $156,207
- Total Liabilities: $137,922
- Net Assets: $18,285
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$39,264
Organization Details
Founding Year
1983
Phone
(501) 982-0528Principal Officer
James Green
Main Address
PO BOX 647, JACKSONVILLE, AR, 72078
Website
www.pathfinderinc.orgNTEE Category
Code: P70Z - Human services
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