Veterans Path Inc
- Assets
- $251.2k
- Revenue
- $523.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Colorado Springs, CO
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-4428490
Organization Overview
Veterans Path Inc is located in Colorado Springs, CO. The organization was established in 2015. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Veterans Path Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Path Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Veterans Path Inc generated $523.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $426.8k during the year ending 12/2021. While expenses have increased by 27.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VETERAN'S PATH ENABLES RETURNING VETERANS TO REDISCOVER MEANING, PURPOSE, AND JOY IN THEIR LIVES THROUGH MINDFULNESS, MEDITATION, AND A SAFE COMMUNITY. OUR APPROACH RECONNECTS VETERANS WITH STRENGTH AND SERVICE. THROUGH PRACTICAL TOOLS OF MEDITATION AND MINDFULNESS, PHYSICAL AND OUTDOOR EXPERIENCES, AND A COMMUNITY OF CAMARADERIE, VETERANS REDISCOVER PEACE, ACCEPTANCE, TRANSFORMATION AND HONOR IN A NEW JOURNEY FORWARD. VETERAN'S PATH BUILDS A COMMUNITY OF SUPPORT FOR VETERANS, OFFERING MINDFULNESS, WELLNESS AND MEDITATION TOOLS. ALL OUR EVENTS ARE OFFERED FREE OF CHARGE FOR VETERANS WHO HAVE SERVED SINCE 1990.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONLINE ANCHOR PROGRAM (BRAVE) - THE BRAVE RETREAT (BREATHWORK RECALIBRATION AND VETERAN EMPOWERMENT) WAS ADAPTED TO BE FULLY ONLINE DURING COVID. THIS YEAR, BRAVE WILL BE A COMBINATION OF IN-PERSON AND ONLINE. BRAVE COMBINES A 5-DAY INTENSIVE IN-PERSON RETREAT WITH A 15-WEEK ONLINE PRACTICE PERIOD AND A 3-DAY IN-PERSON CLOSING CEREMONY. BRAVE SUPPORTS VETERANS STRUGGLING WITH REINTEGRATION ISSUES THAT CAN INCLUDE POST-TRAUMATIC STRESS, MILITARY SEXUAL TRAUMA, SUBSTANCE ABUSE, AND FAMILY/CAREGIVER MATTERS. WE INTEGRATE MEDITATION AND MINDFULNESS PRACTICES INTO A DISCIPLINED, DAILY ROUTINE SO THAT, TOGETHER, VETERANS CAN OPEN UP ABOUT EXPERIENCES AND HEAL INNER CONFLICTS THEY NEVER THOUGHT POSSIBLE.
GENERAL PROGRAMS - IN AN EFFORT TO EXPAND OUR OFFERINGS SAFELY DURING COVID WE HAVE PARTNERED WITH VARIOUS ORGANIZATIONS TO OFFER MINDFULNESS TRAINING VIA CLASSES, WORKSHOPS, AND OTHER ONLINE PROGRAMMING. ADDITIONALLY, THESE PARTNERSHIPS WILL USE INNOVATIVE TECHNOLOGIES TO PROVIDE IMMEDIATE, CONFIDENTIAL 24/7 SUPPORT - FOR VETERANS BY VETERANS - SO THAT ALL VETERANS CAN GET THE HELP THEY NEED, WHEN THEY NEED IT. THE ULTIMATE GOAL IS TO SIGNIFICANTLY REDUCE NEGATIVE OUTCOMES AND IMPROVE OVERALL RESILIENCE, MENTAL HEALTH, AND WELL-BEING FOR VETERANS AND THEIR FAMILIES.
VETERAN PROGRAMMING - VETERAN'S PATH HAS PARTNERED WITH VETERANS EXPLORING TREATMENT SOLUTIONS (VETS) TO OFFER ACCELERATED MIND PERFORMANCE TRAINING TO RECIPIENTS OF VETS' FOUNDATIONAL HEALING GRANTS. THE MULTI-WEEK TRAINING IS ONE ON ONE, FOLLOWED BY GROUP SESSIONS AND FURTHER TRAIN-THE-TRAINER PROGRAMMING FOR PARTICIPANTS WHO SEEK A DEEPER LEVEL OF PRACTICE AND WISH TO GIVE BACK TO THEIR FELLOW VETERANS BY BECOMING CERTIFIED AMP FACILITATORS AND LEADING THEIR OWN GROUPS.
OTHER RELATED PROGRAMS INCLUDING: TRAINING, OUTREACH, AND CENTERPOINT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Drake Executive Director | Officer | 50 | $87,200 |
Christopher Thorsen Chairperson | OfficerTrustee | 5 | $0 |
Heather Buck Treasurer | OfficerTrustee | 4 | $0 |
Kathy Polizzi Secretary | OfficerTrustee | 2 | $0 |
Bart Holaday Board Emeritus | Trustee | 2 | $0 |
Kim Smith Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,613 |
| All other contributions, gifts, grants, and similar amounts not included above | $472,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $523,324 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $523,345 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,200 |
| Compensation of current officers, directors, key employees. | $10,203 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,916 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,983 |
| Payroll taxes | $8,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,367 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $262,483 |
| Advertising and promotion | $3,935 |
| Office expenses | $3,217 |
| Information technology | $3,744 |
| Royalties | $0 |
| Occupancy | $207 |
| Travel | $11,407 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $306 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,767 |
| All other expenses | $0 |
| Total functional expenses | $426,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,634 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $563 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $251,197 |
| Accounts payable and accrued expenses | $3,108 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,108 |
| Net assets without donor restrictions | $248,089 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $251,197 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Veterans Path Inc has recieved totaling $155,000.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $110,000 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: VETERANS | $35,000 |
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Third Way Center Inc Denver, CO | $12,292,960 | $12,672,196 |
Younique Foundation Lehi, UT | $3,288,544 | $10,732,962 |
Nazcare Inc Prescott Valley, AZ | $4,787,488 | $2,992,215 |
Citycare Counseling Inc Omaha, NE | $761,731 | $2,247,235 |
Cfcc & Associates Inc Topeka, KS | $302,218 | $1,661,555 |
Grace Counseling Inc Greenwood Village, CO | $1,530,585 | $1,698,649 |
Integrating Insights Inc Boulder, CO | $1,465 | $1,271,373 |
Mayfield Counseling Centers Colorado Springs, CO | $30,980 | $1,478,341 |
Amistad Family Services Inc Las Cruces, NM | $349,602 | $1,498,400 |
Southeast Christian Counseling Center Parker, CO | $256,926 | $1,258,559 |
Arizona United Spinal Cord Injury Association Inc Phoenix, AZ | $236,978 | $1,053,553 |
La Cocina Fort Collins, CO | $923,000 | $1,889,837 |