Purposeful Pathways EIN 82-2976128

Purposeful Pathways FY2024 filing

EIN  82-2976128 Public charity (501(c)(3)) Grand Rapids, MI
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers disadvantaged youth through education and farming for independence and community service.
Leadership
Jessica Allingham · Director
Money in and out
$238K revenue, $247K expenses
Bottom line
99% program efficiency

Empowers disadvantaged youth through education and farming for independence and community service. For fiscal year 2024 it reported $238K in revenue, $247K in expenses, and $29K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$238K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$9K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$238K
FY2024▲ +35%
Expenses
$247K
FY2024
Total assets
$37K
FY2024
Total liabilities
$8K
FY2024
Total revenue
$238K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$9K
Total assetsPt X · Ln 16$37K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $245K of program spending, described in the organization's own filed words · FY2023.
01

In support of alpha and omega ministries to spread the gospel in a church as well as to provide jobs and offer education in a PREK-9TH grade school.

$89Kprogram expense
02

Transitional support of orphaned individuals to independent life through education, training, mentorship, business development, medical care, and housing.

$83Kprogram expense
03

In support of duparc farm ministry to spread the gospel in a church as well as to provide jobs, develop crops, livestock and trees that feed, and in support of developing farm infrastructure toward sustainability.

$73Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPurposeful Pathways
EINHdr · item D82-2976128
Principal addressHdr · item CGrand Rapids, MI
WebsiteHdr · item Jwww.purposefulpathways.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I72)
Ruling yearIRS BMFAug 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$237K
Investment income$5
Other revenue$200
Total revenueLn 12$238K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$245K
Management & general1%$2K
Total functional expensesLn 25$247K

Balance Sheet

Part X · end of year
CashLn 1$37K
Total assetsLn 16$37K
Total liabilitiesLn 26$8K
Total net assetsLn 32$29K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $37K · Operating expenses/yr $247K
1.8 months
Where the money goes
Program services
Program services $245K · Total expenses $247K
99%
Management & General
Management & general $2K · Total expenses $247K
1%
Fundraising
Fundraising $0 · Total expenses $247K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $237K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $237K · Total revenue $238K
100%
Government reliance
Government grants — · Total revenue $238K
Earned-income share
Program service revenue $0 · Total revenue $238K
0%
Investment reliance
Investment income $5 · Total revenue $238K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $247K
0%
Growth & trend
Revenue growth (YoY)
This year $238K · Prior year $176K
+35%
Net-asset trend (YoY)
End of year $29K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $238K · Expenses $247K
-4%
Liabilities-to-Assets
Total liabilities — · Total assets $37K
Net-asset ratio
Net assets $29K · Total assets $37K
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $37K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jessica Allingham · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $247K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $247K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth 35%
Legal 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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$41K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$295K revenue · ⤓ 990 PDF
FY2024$238K revenue · viewing · ⤓ 990 PDF
FY2023$176K revenue · ⤓ 990 PDF
FY2022$184K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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