Pathfinders Associates INC FY2022 filing

Derby, CTUnknown exempt organizationEIN 06-1028541

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Intermediate care facility for the mentally retarded

81¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $44K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$533K
93% of total assets
Concern: liabilities are 93% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+8% vs prior year
Spent
$1.9M
To programs
81%
Net assets
$39K
By yearFY2020–FY2024
Revenue
$1.8M
FY2022▲ +8%
Revenue by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.8M
FY2023$2.0M
FY2024$1.8M
Expenses
$1.9M
FY2022▲ +22%
Expenses by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$1.9M
FY2023$1.9M
FY2024$1.7M
Net assets
$39K
FY2022▼ -62%
Net assets by fiscal year
FY2020−$36K
FY2021$103K
FY2022$39K
FY2023$54K
FY2024$0

From the FY2022 Form 990 (year ending September 2022) · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $1.5M Management & general 19% · $364K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/Treasurer
$44,422Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Outgoing Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Elaine Ricciardi$58,431$117,259$44,422$45,119

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides residential care and support for individuals with intellectual disabilities.

Provided by the organization

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1 program service account for $1.5M of program spending, described in the organization's own filed words · FY2021.
01

Intermediate care facility for the developmentally disabled

$1.5Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.8M
Gifts and grantsLn 1h$2K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.5M
Managementcol C$364K
Owns and owesPt X
$39K
net assets · Ln 32
Cash and savingsLn 1–2$169K
Total assetsLn 16$572K
LiabilitiesLn 26$533K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$1.8M
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$169K
Cash and savings togetherLn 1–2$169K
Land, buildings, equipmentLn 10c$260K
Total assetsLn 16$572K
LiabilitiesLn 26$533K
Net assetsLn 32$39K
OperationsPt I, VI
EmployeesI 565
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$223K$169K
Land, buildings, equipmentLn 10c$235K$260K
Total assetsLn 16$613K$572K
LiabilitiesLn 26$510K$533K
Net assetsLn 32$103K$39K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$83K$83K
Other salaries and wagesLn 7$833K$833K
Other employee benefitsLn 9$28K$28K
Payroll taxesLn 10$94K$94K
Management feesLn 11a$343K$343K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$550$550
Office expensesLn 13$68K$68K
OccupancyLn 16$104K$104K
TravelLn 17$17K$17K
InterestLn 20$13K$13K
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$42K$42K
Other expenses (24a–d)Ln 24$219K$219K
All other expensesLn 24e$11K$11K
Total functional expensesLn 25$1.9M$1.5M$364K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.8M$1.7M$60K$0 990 PDF
FY2023 $2.0M$1.9M$15K$54K 990 PDF
FY2022 Viewing $1.8M$1.9M−$63K$39K 990 PDF
FY2021 $1.7M$1.6M$139K$103K 990 PDF
FY2020 $1.5M$1.5M$67K−$36K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $1,830,870 across 4 lines filed
VIII-1f All other contributions, gifts and grants$1,935
VIII-1h Total contributions, gifts and grants$1,935
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,828,935$1,828,935
VIII-12 Total revenueRelated to mission $1,828,935 · Unrelated business $0 · Excluded from tax $0$1,830,870
Part IX · Statement of functional expenses $1,894,140 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $82,516$82,516
IX-7 Other salaries and wagesPrograms $832,669$832,669
IX-9 Other employee benefitsPrograms $28,089$28,089
IX-10 Payroll taxesPrograms $94,275$94,275
IX-11a Management feesManagement $342,749$342,749
IX-11b Legal feesManagement $5,254$5,254
IX-11c Accounting feesManagement $15,660$15,660
IX-11g Other fees for servicesPrograms $550$550
IX-13 Office expensesPrograms $67,773$67,773
IX-16 OccupancyPrograms $104,190$104,190
IX-17 TravelPrograms $16,748$16,748
IX-20 InterestPrograms $12,799$12,799
IX-22 Depreciation, depletion and amortizationPrograms $18,125$18,125
IX-23 InsurancePrograms $42,072$42,072
IX-24 Other expenses (24a–d)Programs $219,456$219,456
IX-24e All other expensesPrograms $11,215$11,215
IX-25 Total functional expensesPrograms $1,530,477 · Management $363,663 · Fundraising $0$1,894,140
Part X · Balance sheet $571,856 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $222,509$168,943
X-4 Accounts receivableStart of year $150,300$138,517
X-9 Prepaid expenses and deferred chargesStart of year $912$912
X-10c Land, buildings and equipment, netStart of year $234,802$259,571
X-14 Intangible assetsStart of year $4,122$3,913
X-16 Total assetsStart of year $612,645$571,856
X-17 Accounts payable and accrued expensesStart of year $211,657$258,279
X-26 Total liabilitiesStart of year $510,097$532,578
X-27 Net assets without donor restrictionsStart of year $102,548$39,278
X-32 Total net assets or fund balancesStart of year $102,548$39,278
X-33 Total liabilities and net assetsStart of year $612,645$571,856
Part XI · Reconciliation of net assets $39,278 net assets at year end
XI-1 Total revenue$1,830,870
XI-2 Total expenses$1,894,140
XI-3 Revenue less expenses−$63,270
XI-4 Net assets at start of year$102,548
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$39,278

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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