Paths for Success Foundation

Montgomery, ALUnknown exempt organizationEIN 88-3777372

To assist alabama citizens in obtaining skills, credentials, and/or certifications that lead to gainful employment. To provide opportunities by eliminating barriers that impact an individual's ability to participate.

54¢ of each $1 spent went to programs.
Run by 20 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $159K a year · 23% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
54%
of spending
Worth a look: 54% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 14.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+393% vs prior year
Spent
$648K
To programs
54%
Net assets
$1.6M
By yearFY2022–FY2023
Revenue
$1.1M
FY2023▲ +393%
Revenue by fiscal year
FY2022$229K
FY2023$1.1M
Expenses
$648K
FY2023▲ +65%
Expenses by fiscal year
FY2022$392K
FY2023$648K
Net assets
$1.6M
FY2023▲ +45%
Net assets by fiscal year
FY2022$1.1M
FY2023$1.6M

From the FY2023 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

54 cents of each dollar spent went to programs.

Program services 54% · $349K Management & general 9% · $61K Fundraising 37% · $238K

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
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Paths for Success Foundation executive salaries →

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

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps Alabamians gain skills and overcome barriers for better jobs.

Provided by the organization

This section is blank until Paths for Success Foundation claims this page.

Know this organization? Claim it to add your story

1 program service account for $349K of program spending, described in the organization's own filed words · FY2023.
01

Provide scholarship funds to state COLLEGE/UNIVERISITY/COMMUNITY COLLEGES/TRADE schools

$349Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $330K · 2022–2023
Unitemized GrantFY2022$280,452

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$63K
Money outPt IX
$648K
Ln 25
Programscol B$349K
Managementcol C$61K
Fundraisingcol D$238K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$770K
Total assetsLn 16$1.6M
LiabilitiesLn 26$8K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$63K
Gains on assetsLn 7$40K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$769K
SavingsLn 2$331
Cash and savings togetherLn 1–2$770K
InvestmentsLn 11–13$782K
Other assetsLn 15$12K
Total assetsLn 16$1.6M
LiabilitiesLn 26$8K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 51
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$92K$770K
InvestmentsLn 11–13$980K$782K
Total assetsLn 16$1.1M$1.6M
LiabilitiesLn 26$5K$8K
Net assetsLn 32$1.1M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$109K$109K
Pay of current officers, directors and key staffLn 5$148K$87K$61K
Payroll taxesLn 10$10K$10K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$15K$15K
Professional fundraising feesLn 11e$238K$238K
Advertising and promotionLn 12$31K$31K
Office expensesLn 13$18K$18K
OccupancyLn 16$9K$9K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$56K$56K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$5K$5K
Total functional expensesLn 25$648K$349K$61K$238K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $1.1M$648K$481K$1.6M 990 PDF
FY2022 $229K$392K−$163K$1.1M 990 PDF

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

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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,129,225 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,066,133$1,066,133
VIII-3 Investment incomeRelated to mission $22,953$22,953
VIII-7 Net gain or loss on sales of assetsRelated to mission $40,139$40,139
VIII-12 Total revenueRelated to mission $1,129,225 · Unrelated business $0 · Excluded from tax $0$1,129,225
Part IX · Statement of functional expenses $647,766 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $109,373$109,373
IX-5 Pay of current officers, directors and key staffPrograms $86,827 · Management $61,000$147,827
IX-10 Payroll taxesPrograms $10,149$10,149
IX-11b Legal feesPrograms $5,342$5,342
IX-11c Accounting feesPrograms $15,387$15,387
IX-11e Professional fundraising feesFundraising $237,693$237,693
IX-12 Advertising and promotionPrograms $31,179$31,179
IX-13 Office expensesPrograms $18,414$18,414
IX-16 OccupancyPrograms $8,520$8,520
IX-17 TravelPrograms $1,892$1,892
IX-19 Conferences, conventions and meetingsPrograms $56,264$56,264
IX-23 InsurancePrograms $1,142$1,142
IX-24 Other expenses (24a–d)Programs $4,584$4,584
IX-25 Total functional expensesPrograms $349,073 · Management $61,000 · Fundraising $237,693$647,766
Part X · Balance sheet $1,563,274 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $91,317$769,345
X-2 Savings and temporary cash investmentsStart of year $331$331
X-11 Publicly traded securitiesStart of year $980,314$781,970
X-15 Other assetsStart of year $6,715$11,628
X-16 Total assetsStart of year $1,078,677$1,563,274
X-25 Other liabilitiesStart of year $4,886$8,024
X-26 Total liabilitiesStart of year $4,886$8,024
X-32 Total net assets or fund balancesStart of year $1,073,791$1,555,250
X-33 Total liabilities and net assetsStart of year $1,078,677$1,563,274
Part XI · Reconciliation of net assets $1,555,250 net assets at year end
XI-1 Total revenue$1,129,225
XI-2 Total expenses$647,766
XI-3 Revenue less expenses$481,459
XI-4 Net assets at start of year$1,073,791
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,555,250

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 pay comparisons above.