Pathfinder Development Corporation FY2022 filing

Tax-deductible

Jacksonville, AR501(c)(3)Since 1989UnclassifiedEIN 71-0676244

Pathfinder development corporation is a group home for 20 developmentally disabled individuals. Residents receive living and self-help skills training to enable them to live independently within the community. (continued on schedule o)

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
0 of 4
filings with a surplus
Average deficit $13K a year · 10% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$554K
237% of total assets
Concern: liabilities are 237% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$127K
+0.5% vs prior year
Spent
$141K
To programs
92%
Net assets
−$321K
By yearFY2020–FY2024
Revenue
$127K
FY2022+0.5%
Revenue by fiscal year
FY2020$135K
FY2021$127K
FY2022$127K
FY2023$125K
FY2024$116K
FY2024$131K
Expenses
$141K
FY2022▲ +2%
Expenses by fiscal year
FY2020Not on file
FY2021$139K
FY2022$141K
FY2023$132K
FY2024$134K
FY2024$147K
Net assets
−$321K
FY2022▼ -5%
Net assets by fiscal year
FY2020−$295K
FY2021−$307K
FY2022−$321K
FY2023−$328K
FY2024−$346K
FY2024−$362K

From the FY2022 Form 990 (year ending June 2022) · see the original

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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 ruling in Aug 1989.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $131K Management & general 8% · $11K

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

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pathfinder Development Corporation executive salaries →

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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 skills training in a group home for developmentally disabled individuals to foster independent living.

Provided by the organization

This section is blank until Pathfinder Development Corporation claims this page.

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1 program service account for $131K of program spending, described in the organization's own filed words · FY2021.
01

Pathfinder development corporation is a group home for 20 developmentally disabled individuals. Residents receive living and self-help skills training to enable them to live independently within the community. Section 202 loan funds were obtained from the federal department of housing and urban development agency (hud).

$131Kprogram expense

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Funders

Who pays for it.

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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$127K
Ln 12
Gifts and grantsLn 1h$79K
Fees for servicesLn 2g$48K
Investment incomeLn 3$34
Money outPt IX
$141K
Ln 25
Programscol B$131K
Managementcol C$11K
Owns and owesPt X
−$321K
net assets · Ln 32
Cash and savingsLn 1–2$30K
Total assetsLn 16$234K
LiabilitiesLn 26$554K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$79K
Government grantsLn 1e$79K
Fees for servicesLn 2g$48K
Investment incomeLn 3$34
Gains on assetsLn 7$0
Total revenueLn 12$127K
Assets in detailPt X, end of year
CashLn 1$691
SavingsLn 2$30K
Cash and savings togetherLn 1–2$30K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$199K
Other assetsLn 15$0
Total assetsLn 16$234K
LiabilitiesLn 26$554K
Net assetsLn 32−$321K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$31K$30K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$208K$199K
Total assetsLn 16$247K$234K
LiabilitiesLn 26$554K$554K
Net assetsLn 32−$307K−$321K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$18K$18K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$1K$1K
Payroll taxesLn 10$1K$1K
Management feesLn 11a$6K$6K
Legal feesLn 11b$0
Accounting feesLn 11c$4K$4K$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$104$104
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$17K$17K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$104$104
InterestLn 20$32K$32K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$20K$20K
InsuranceLn 23$16K$16K
Other expenses (24a–d)Ln 24$25K$25K$0
Total functional expensesLn 25$141K$131K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $116K$134K−$18K−$346K 990 PDF
FY2023 $125K$132K−$7K−$328K 990 PDF
FY2022 Viewing $127K$141K−$14K−$321K 990 PDF
FY2021 $127K$139K−$12K−$307K 990 PDF
FY2020 $135K−$295K 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 $127,462 across 9 lines filed
VIII-1e Government grants$79,128
VIII-1h Total contributions, gifts and grants$79,128
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $48,300$48,300
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $34$34
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $48,300 · Unrelated business $0 · Excluded from tax $34$127,462
Part IX · Statement of functional expenses $141,466 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $18,086$18,086
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $1,180$1,180
IX-10 Payroll taxesPrograms $1,414$1,414
IX-11a Management feesManagement $6,371$6,371
IX-11b Legal fees$0
IX-11c Accounting feesManagement $4,275 · Fundraising $0$4,275
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $104$104
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $16,792$16,792
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $104$104
IX-20 InterestPrograms $31,728$31,728
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $20,230$20,230
IX-23 InsurancePrograms $16,052$16,052
IX-24 Other expenses (24a–d)Programs $25,130 · Management $0$25,130
IX-25 Total functional expensesPrograms $130,612 · Management $10,854 · Fundraising $0$141,466
Part X · Balance sheet $233,574 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $794$691
X-2 Savings and temporary cash investmentsStart of year $30,021$29,710
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $8,161$4,048
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $208,063$199,125
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $247,039$233,574
X-17 Accounts payable and accrued expensesStart of year $5,722$5,900
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $150,903$174,956
X-26 Total liabilitiesStart of year $553,883$554,422
X-27 Net assets without donor restrictionsStart of year −$306,844−$320,848
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$306,844−$320,848
X-33 Total liabilities and net assetsStart of year $247,039$233,574
Part XI · Reconciliation of net assets −$320,848 net assets at year end
XI-1 Total revenue$127,462
XI-2 Total expenses$141,466
XI-3 Revenue less expenses−$14,004
XI-4 Net assets at start of year−$306,844
XI-10 Net assets at end of year−$320,848

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

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