Overview
What is Path Forward Inc?
Path Forward Inc is a nonprofit organization based in New York City, specifically at 224 West 35th Street. Their primary mission is to assist individuals who have been out of work for over two years by creating paid internship opportunities at various partner companies. They recruit suitable candidates, equip them with educational materials, mentor them, and provide networking support. As of the end of 2022, over 1,000 individuals have been placed in nearly 100 companies, with over 80% receiving job offers post-program. Path Forward Inc aims to reduce unemployment and underemployment, offer resources for successful employment, and create opportunities for people re-entering the workforce after extended absences. As of the provided information, the organization currently employs 14 individuals.
Official website here: www.pathforward.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Path Forward Inc demonstrates exceptional organizational strength with a perfect score in several key areas, including accountability and finance. The charity boasts a fully independent board comprised of eight members, strong financial oversight with a clean audit, and effective governance policies that promote transparency and ethical practices.
The organization maintains a high program expense ratio of 76.63%, indicating that a significant portion of its budget is dedicated to its programs rather than administrative costs. Furthermore, Path Forward has no noted material diversion of assets, reinforcing its commitment to responsible financial management.
While the data reflects a strong performance, potential donors and stakeholders should continue to monitor the nonprofit's ongoing impact and effectiveness in fulfilling its mission. Overall, the high ratings from Charity Navigator signal a trustworthy organization dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Path Forward Inc?
100% of 7 reviewers on Facebook recommend Path Forward Inc. Here's a summary of their insights:
The organization is highly regarded for its dedication to supporting caregivers who have stepped away from their careers to care for family members or loved ones. Reviewers particularly appreciate the resources offered, such as the Career Restart Kit, which has been described as extremely helpful. The sharing of real-life job reentry experiences has also resonated with many, providing both comfort and motivation to those looking to reenter the workforce.
Overall, patrons express a strong sense of encouragement and support from Path Forward. The services provided are seen as valuable tools that empower individuals to confidently navigate their job searches, reinforcing the belief that they can successfully transition back into their professional lives.
This AI summary has been generated from reviews found on Facebook.
Is Path Forward Inc legitimate?
Path Forward Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Path Forward 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: $376,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $868,732
For more financial information, click here
Official website here: www.pathforward.org
What is the mission statement of Path Forward Inc?
Path Forward Inc, a nonprofit organization, is dedicated to reducing unemployment and underemployment, providing education and training resources, and creating opportunities for individuals who have been out of the workforce for extended periods. The organization's mission is to facilitate successful employment re-entry by collaborating with businesses to create paid internship opportunities, recruiting candidates, and offering educational materials, mentoring, and networking support. As of the end of 2022, over 1,000 participants have been placed at nearly 100 partner companies, with over 80% receiving ongoing employment offers upon completion of the program.
Official website here: www.pathforward.org
Who is the CEO of Path Forward Inc?
Christine Winston is the Chairman of Path Forward Inc.
Official website here: www.pathforward.org
What is the revenue of Path Forward Inc?
Path Forward Inc's revenue in 2022 was $1,688,059.
Official website here: www.pathforward.org
Who are the executives of Path Forward Inc and what are their salaries?
The average compensation at Path Forward Inc during 2022 was $88,940. There are 14 employees at Path Forward Inc.
Here are 11 key members and their salaries:
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- Compensation: $178,548
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- Other: $35,028
- Compensation: $156,636
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- Other: $34,045
- Compensation: $100,824
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- Other: $13,730
Official website here: www.pathforward.org
Where can I find the form 990 for Path Forward Inc?
Path Forward Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pathforward.org
Learn more at the official website: www.pathforward.org
Mission Statement of Path Forward Inc
Path Forward Inc, a nonprofit organization, is committed to reducing unemployment and underemployment. Its mission is to provide education and training resources, enabling individuals who have been away from the workforce for an extended period to re-enter it successfully. The organization works closely with businesses to create paid internship opportunities for these individuals and actively recruits candidates for these positions. Path Forward Inc offers educational materials, mentoring, and networking support to its participants. As of the end of 2022, more than 1,000 participants have been placed at nearly 100 partner companies, with over 80% receiving ongoing job offers at the conclusion of the program. This demonstrates Path Forward Inc's success in supporting individuals seeking to re-enter the workforce after extended absences.
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Impact
July, 2024
Path Forward Inc has had a significant impact by providing education and training resources, as well as creating paid internship opportunities for individuals re-entering the workforce after extended absences. By working with businesses to create these internships, recruiting candidates, and offering educational materials, mentoring, and networking support, Path Forward Inc has successfully placed over 1,000 participants at nearly 100 partner companies by the end of 2022. Impressively, over 80% of these participants received ongoing offers of employment at the end of the program, demonstrating the organization's effectiveness in helping individuals secure meaningful employment opportunities.
This information is meant to be a general summary of Path Forward 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.
- Program Service Revenue: $1,482,000
- Gross Receipts: $1,688,059
Assets and Liabilities:
- Total Assets: $713,442
- Total Liabilities: $273,000
- Net Assets: $440,442
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$1,482,000
Organization Details
Founding Year
2016
Phone
(917) 922-4071Principal Officer
Christine Winston
Main Address
224 WEST 35TH STREET 500-1117, NEW YORK, NY, 10001
Website
www.pathforward.orgNTEE Category
Code: J22 - Employment
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