Path to Miracles INC EIN 47-4233649 Form 990 (PDF) Claim this org

Path to Miracles INC FY2020 filing

Not yet claimed Claim this org →

Path to Miracles INC is a mental health nonprofit based in Canute, OK. For fiscal year 2020 it reported $35K in revenue, $34K in expenses, and $811K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Canute, OK
Filings
5 on file (2020–2020)
Revenue
$35KFY2020
Expenses
$34K
Net assets
$811K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-4233649 Public charity (501(c)(3)) Canute, OK
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Path to Miracles INC claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
a mental health nonprofit
Leadership
Jeremy Gray · Chairman
Money in and out
$35K revenue, $34K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$35K
Pt VIII · Ln 12
Total expenses
$34K
Pt IX · Ln 25
Net assets
$811K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $893
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$35K
FY2020
Expenses
$34K
FY2020
Total assets
$811K
FY2020
Total liabilities
$1
FY2020
Total revenue
$35K
Pt VIII · Ln 12
Total expenses
$34K
Pt IX · Ln 25
Net assets
$811K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$893
Total assetsPt X · Ln 16$811K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $34K of program spending, described in the organization's own filed words · FY2020.
01

Drug and alcohol treatment

$34Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPath to Miracles INC
EINHdr · item D47-4233649
Principal addressHdr · item CCanute, OK
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F22)
Ruling yearIRS BMFJun 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Jeremy Gray’s $8K as Chairman is at the 24th percentile of top reported officer pay among 187 <$100K mental health nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022
Jeremy Gray$7,500$3,500
Justin Barrick$1,000

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.

See Path to Miracles INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$35K
Total revenueLn 12$35K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$34K
Total functional expensesLn 25$34K

Balance Sheet

Part X · end of year
CashLn 1$17K
Total assetsLn 16$811K
Total liabilitiesLn 26$1
Total net assetsLn 32$811K
Months of cash on handcomputed5.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $17K · Operating expenses/yr $34K
5.8 months
Where the money goes
Program services
Program services $34K · Total expenses $34K
100%
Management & General
Management & general $0 · Total expenses $34K
0%
Fundraising
Fundraising $0 · Total expenses $34K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $35K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $35K · Total revenue $35K
100%
Government reliance
Government grants — · Total revenue $35K
Earned-income share
Program service revenue $0 · Total revenue $35K
0%
Investment reliance
Investment income $0 · Total revenue $35K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $34K
0%
Growth & trend
Revenue growth (YoY)
This year $35K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $811K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $35K · Expenses $34K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $811K
Net-asset ratio
Net assets $811K · Total assets $811K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $811K
0%
People & payroll
Highest Reported Total Compensation
Individual Jeremy Gray · Reported title Chairman · Highest reported compensation $0 · Total expenses $34K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $34K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 8%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$11K
Grants paid · 3 grants · $77K · 2022–2024
Unitemized GrantFY2024$28,800
Unitemized GrantFY2023$24,197
Unitemized GrantFY2022$23,777

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$38K revenue · ⤓ 990 PDF
FY2023$68K revenue · ⤓ 990 PDF
FY2022$37K revenue · ⤓ 990 PDF
FY2021$65K revenue · ⤓ 990 PDF
FY2020$35K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.