Pathway To Recovery Inc
- Assets
- $4.9m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 6
- Location
- Indianapolis, IN
- Founding
- 08/1992
- Data as of
- 12/2022
- EIN
- 35-1820889
Organization Overview
Pathway To Recovery Inc is located in Indianapolis, IN. The organization was established in 1992. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Pathway To Recovery Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pathway To Recovery Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Pathway To Recovery Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $987.5k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF TRANSITIONAL AND PERMANENT HOUSING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A 24-BED SUPPORTIVE HOUSING PROGRAM FOR THE INDIVIDUALS WITH ADDICTIVE AND MENTAL DISORDERS WHO LACK A PERMANENT NIGHT TIME RESIDENCE WITH A SIX MONTH AVERAGE LENGTH OF STAY; FOLLOWED BY 17 SEMI-INDEPENDENT LIVING UNITS AND 53 PERMANENT HOUSING UNITS TO TRANSITION RESIDENTS TO SUBSTANCE-FREE, INDEPENDENT LIVING HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Schellinger President | OfficerTrustee | 2 | $0 |
Clair Hunter Vice President (exit-11/30/22) | OfficerTrustee | 2 | $0 |
Art Kodroff Treasurer | OfficerTrustee | 2 | $0 |
Megan Cain Secretary | OfficerTrustee | 2 | $0 |
Cortney Bowen Director | Trustee | 2 | $0 |
Dennis Bender Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reynolds Construction Construction | 12/30/21 | $410,753 |
Gillatte General Contractors Construction | 12/30/21 | $134,704 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $63,128 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,151,502 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,214,630 |
| Total Program Service Revenue | $541,657 |
| Investment income | $24,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,330 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,783,835 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,250 |
| Compensation of current officers, directors, key employees. | $8,954 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,144 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,554 |
| Payroll taxes | $20,189 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,812 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,060 |
| Advertising and promotion | $0 |
| Office expenses | $28,483 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $173,541 |
| Travel | $26,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,240 |
| Insurance | $30,448 |
| All other expenses | $3,434 |
| Total functional expenses | $987,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,683,531 |
| Savings and temporary cash investments | $732,211 |
| Pledges and grants receivable | $109,459 |
| Accounts receivable, net | $7,381 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $28,351 |
| Net Land, buildings, and equipment | $1,304,221 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,865,154 |
| Accounts payable and accrued expenses | $3,609 |
| Grants payable | $0 |
| Deferred revenue | $3,111 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,550 |
| Total liabilities | $1,041,270 |
| Net assets without donor restrictions | $1,857,662 |
| Net assets with donor restrictions | $1,966,222 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,865,154 |