Path Check Inc
- Assets
- $791.7k
- Revenue
- $869.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0629210
Organization Overview
Path Check Inc is located in Cambridge, MA. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Path Check 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, Path Check Inc generated $869.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (43.9%) each year. All expenses for the organization totaled $774.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (40.9%) per year over the past 2 years. 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
ORGANIZATION SHALL SEEK BENEFIT TO PUBLIC HEALTH AND WELFARE AND FURTHER SCIENTIFIC RESEARCH THROUGH THE DEVELOPMENT OF OPEN SOURCE SOFTWARE WHICH UTILIZES CONTACT TRACING TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATH CHECK, INC. SHALL SEEK TO BENEFIT PUBLIC HEALTH AND WELFARE AND FURTHER SCIENTIFIC RESEARCH THROUGH THE DEVELOPMENT OF OPEN-SOURCE SOFTWARE WHICH UTILIZES CONTACT-TRACING TECHNOLOGY TO ADDRESS AND LIMIT THE HARM CAUSED BY SOCIETAL AND/OR HEALTH ISSUES RANGING FROM INFECTIOUS DISEASES TO OBESITY, ADDICTION, SUICIDE, ILLITERACY, AND OTHER HUMAN DEVELOPMENT ISSUES. SUCH OPEN-SOURCE SOFTWARE SHALL INCLUDE, BUT NOT LIMITED TO, DOWNLOADABLE MOBILE APPLICATIONS AND ENTERPRISE APPLICATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramesh Raskar Chairman | OfficerTrustee | 1 | $0 |
Graham Dodge President | Officer | 1 | $0 |
John Werner Director | Trustee | 1 | $0 |
Cason Carter Director | Trustee | 1 | $0 |
Vinit Nijhawan Managing Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,976 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,976 |
| Total Program Service Revenue | $778,380 |
| 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 | $869,356 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,484 |
| 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 | $580,961 |
| Advertising and promotion | $4,830 |
| Office expenses | $2,428 |
| Information technology | $114,990 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,565 |
| 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 | $0 |
| Insurance | $7,560 |
| All other expenses | $0 |
| Total functional expenses | $774,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $518,420 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $261,180 |
| 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 | $12,054 |
| 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 | $791,654 |
| Accounts payable and accrued expenses | $34,143 |
| Grants payable | $0 |
| Deferred revenue | $112,500 |
| 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 | $146,643 |
| Net assets without donor restrictions | $645,011 |
| 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 | $791,654 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Path Check Inc has recieved totaling $1,000,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Garnet Health Doctors Pc Middletown, NY | $50,171,701 | $81,156,131 |
The Westchester Medical Practice Pc Yorktown Heights, NY | $21,408,961 | $63,027,165 |
Alexion Access Foundation New Haven, CT | $195,433 | $55,917,914 |
Evercare Choice Inc Newburgh, NY | $7,909,897 | $57,811,239 |
Lakeville Surgery Pc Westbury, NY | $0 | $24,920,784 |
Catalyst Institute Inc Boston, MA | $933,932,322 | $52,496,525 |
Extraordinary Home Care Bayside, NY | $10,125,734 | $37,003,889 |
Hartford Dispensary Manchester, CT | $30,392,612 | $34,435,087 |
Last Mile Health Boston, MA | $29,516,883 | $24,591,447 |
Mercy Flight Inc Buffalo, NY | $49,278,322 | $26,481,483 |
Uhealthsolutions Inc Shrewsbury, MA | $43,602,743 | $21,401,980 |
North Shore-Lij Radiology Services P C Westbury, NY | $6,438,473 | $17,406,935 |