Overview
What is Path?
Path is a renowned nonprofit organization based in Los Angeles, California, with the mission to empower homeless veterans and enable them to transition from the streets to thriving in permanent homes. With a team of 1,117 dedicated employees, Path offers essential supportive services to ensure veterans can not only secure housing but sustain it long-term. Their approach focuses on helping individuals find employment, save money, and gain self-sufficiency to break the cycle of homelessness. The organization's programs are critical in providing the high-quality services necessary for veterans to not only move into homes but maintain them.
Official website here: www.epath.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Path has received a commendable Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 81%. This rating is based entirely on their performance in accountability and finance metrics, indicating a strong commitment to transparency and responsible financial practices. The organization demonstrates a high level of governance, with a fully independent board and a comprehensive set of policies in place to manage conflicts of interest and ensure ethical conduct.
The nonprofit excels in program expense efficiency, with an impressive 90.46% of its expenses directed toward programs. This suggests that a significant portion of their funding is utilized effectively to further their mission. Additionally, the organization has established strong oversight measures, including an audit and oversight committee, which contributes to the overall trustworthiness of their financial operations.
However, there are some areas where Path could improve, particularly in their liabilities to assets ratio, which scored 0 out of 15 points. This aspect reflects potential financial risk, indicating that the organization may have higher liabilities relative to its assets. Addressing this concern could enhance their financial stability and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Path legitimate?
Path is a legitimate nonprofit organization registered as a 501(c)(3) entity. Path 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: $1,457,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,452,738
For more financial information, click here
Official website here: www.epath.org
What is the mission statement of Path?
Path is a non-profit organization that aims to end the cycle of homelessness by equipping individuals with the necessary tools for self-sufficiency. The organization's mission is to help people find employment, save money, and secure permanent housing. For veterans, Path offers a support program that provides critical services to enable successful transitions from life on the streets to thriving in their own homes. The supportive services are essential to ensuring that the individuals served by Path not only move into permanent homes but also stay in them long-term.
Official website here: www.epath.org
Who is the CEO of Path?
Joel Roberts is the Chief Executive Officer of Path. The CEO's salary of Path is $249,958 and their total compensation is $319,620.
Official website here: www.epath.org
What is the revenue of Path?
Path's revenue in 2022 was $131,553,830.
Official website here: www.epath.org
Who are the executives of Path and what are their salaries?
The average compensation at Path during 2022 was $42,892. There are 1117 employees and 5000 volunteers at Path.
Here are 37 key members and their salaries (Path's CEO's salary is $249,958 and their total compensation is $319,620):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $298,601
- Related: $39,867
- Other: $31,384
- Compensation: $249,958
- Related: $34,883
- Other: $34,779
- Compensation: $161,360
- Related: $14,950
- Other: $27,214
- Compensation: $199,670
- Related: $9,967
- Other: $34,343
- Compensation: $165,393
- Related: $0
- Other: $32,630
- Compensation: $184,537
- Related: $0
- Other: $33,587
- Compensation: $169,537
- Related: $0
- Other: $16,270
- Compensation: $150,742
- Related: $0
- Other: $16,551
- Compensation: $141,477
- Related: $0
- Other: $15,402
- Compensation: $137,292
- Related: $0
- Other: $10,726
- Compensation: $136,346
- Related: $0
- Other: $17,257
- Compensation: $134,781
- Related: $0
- Other: $31,099
- Compensation: $134,688
- Related: $0
- Other: $6,222
Official website here: www.epath.org
Where can I find the form 990 for Path?
Path's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.epath.org
Learn more at the official website: www.epath.org
Mission Statement of Path
Path, a non-profit organization, is dedicated to breaking the cycle of homelessness by empowering individuals with the tools for self-sufficiency. This mission is achieved by helping people find employment, saving money, and securing permanent housing. Path's innovative approach focuses on providing high-quality supportive services to ensure the people they serve are not only able to move into homes of their own but also able to sustain that housing long-term.
One of Path's key programs is the Veterans Support Program. This initiative offers essential support to homeless veterans as they transition from living on the streets to thriving in stable homes. The comprehensive services provided by Path are critical in ensuring the successful long-term housing outcomes for these individuals. By empowering veterans with the necessary resources and guidance, Path is making a significant impact in the lives of those who have served our country.
Path's commitment to their mission is evident in their unwavering focus on helping people achieve self-sufficiency. Through their various programs and services, they provide a safety net for those in need, offering a pathway to a brighter future. By breaking the cycle of homelessness, Path is not only transforming individual lives but also contributing to the overall well-being of their communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Path's impact is transformative, focusing on breaking the cycle of homelessness by empowering individuals with essential tools for self-sufficiency. Through targeted programs, particularly the Veteran's Support Program, Path provides vital assistance to homeless veterans, helping them transition from life on the streets to thriving in stable homes. By offering high-quality supportive services, Path ensures that these veterans not only secure permanent housing but also maintain their stability long-term.
The organization emphasizes the holistic development of those it serves, facilitating access to employment opportunities, financial literacy, and ongoing support. This comprehensive approach helps individuals save money, build a sustainable future, and ultimately regain control over their lives. By addressing both immediate needs and underlying issues, Path fosters lasting change and contributes to the overall well-being of the community in Los Angeles, CA.
This information is meant to be a general summary of Path. 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: $17,989
- Program Service Revenue: $13,879,906
- Gross Receipts: $131,651,276
Assets and Liabilities:
- Total Assets: $54,250,191
- Total Liabilities: $36,842,078
- Net Assets: $17,408,113
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE CONTRACT INCOME
Revenue
$11,946,370
OTHER CONTRACTED REVENUE
Revenue
$1,933,536
Organization Details
Founding Year
1984
Phone
(323) 644-2200Principal Officer
Joel Roberts
Main Address
340 N MADISON AVENUE, LOS ANGELES, CA, 90004
Website
www.epath.orgNTEE Category
Code: P850 - Human services
If you are a representative of Path and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.