Path Forward
- Assets
- $743.6k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- New York, NY
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 81-1438676
Organization Overview
Path Forward is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Path Forward employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Path Forward 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, Path Forward generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $956.6k during the year ending 12/2021. While expenses have increased by 21.6% per year over the past 6 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
TO PROVIDE EDUCATION AND TRAINING RESOURCES AND OPPORTUNITIES FOR INDIVIDUALS RE-ENTERING THE WORKFORCE AFTER EXTENDED ABSENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATH FORWARD INC. WORKS WITH BUSINESSES TO HAVE PAID INTERNSHIP OPPORTUNITIES CREATED FOR MEN AND WOMEN WHO HAVE BEEN OUT OF WORK FOR MORE THAN TWO YEARS, RECRUITS CANDIDATES FOR THESE INTERNSHIP OPPORTUNITIES, AND PROVIDES THEM WITH EDUCATIONAL MATERIALS, MENTORING, AND NETWORKING SUPPORT. AS OF THE END OF 2021, MORE THAN 750 PARTICIPANTS HAVE BEEN PLACED AT NEARLY 100 PARTNER COMPANIES. OF THOSE, OVER 80% RECEIVED ONGOING OFFERS OF EMPLOYMENT AT THE END OF THE PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tami Forman Executive Director | Officer | 40 | $195,364 |
Christine Winston Vice President | 40 | $134,211 | |
Matt Blumberg Chairman | OfficerTrustee | 2 | $0 |
Cathy Hawley Secretary | OfficerTrustee | 2 | $0 |
Cindy Guerra Robbins Treasurer | OfficerTrustee | 2 | $0 |
Cathleen Black Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $126,195 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,446 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,641 |
| Total Program Service Revenue | $870,250 |
| Investment income | $0 |
| 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 | $1,201,891 |
| 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. | $348,395 |
| Compensation of current officers, directors, key employees. | $72,419 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $383,720 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $118,466 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,029 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,755 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $473 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $422 |
| Insurance | $0 |
| All other expenses | $2,180 |
| Total functional expenses | $956,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,593 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,527 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $743,620 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $302,000 |
| 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 | $302,000 |
| Net assets without donor restrictions | $426,620 |
| Net assets with donor restrictions | $15,000 |
| 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 | $743,620 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Path Forward has recieved totaling $70,730.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $35,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,051 |
The Community Foundation Boulder, CO PURPOSE: General operating support | $12,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $6,608 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cw Resources Inc New Britain, CT | $72,075,898 | $102,860,890 |
North Atlantic States Carpenters Training Fund Millbury, MA | $72,466,434 | $22,130,164 |
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Groundtruth Project Inc Boston, MA | $12,977,835 | $12,726,930 |
Northeast Carpenters Apprenticeship Fund Edison, NJ | $19,860,788 | $10,381,249 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Liuna Training And Education Fund Pomfret Center, CT | $19,387,955 | $9,381,853 |
Operating Engineers Local 825 Springfield, NJ | $22,861,458 | $9,545,959 |
Operating Engineers Local 825 Sub Fund Springfield, NJ | $82,702,164 | $12,313,269 |
Joint Apprenticeship And Training Trust Fund Local 103 Ibew Boston, MA | $13,179,581 | $8,861,151 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |