Greenwood Pathway House Inc
- Assets
- $4.1m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 25
- Location
- Greenwood, SC
- Founding
- 06/2011
- Data as of
- 06/2022
- EIN
- 45-0833715
Organization Overview
Greenwood Pathway House Inc is located in Greenwood, SC. The organization was established in 2011. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Greenwood Pathway House Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Pathway House 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 06/2022, Greenwood Pathway House Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $710.2k during the year ending 06/2022. While expenses have increased by 15.3% 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
MISSION STATEMENT: GREENWOOD PATHWAY HOUSE EXISTS TO HELP HOMELESS PERSONS NAVIGATE A PATHWAY TO PHYSICAL, FINANCIAL, AND SOCIAL STABILITY WHILE SHARING WITH THEM THE LOVE OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENWOOD PATHWAY HOUSE EXISTS TO HELP HOMELESS PERSONS NAVIGATE A PATHWAY TO PHYSICAL, FINANCIAL, AND SOCIAL STABILITY WHILE SHARING WITH THEM THE LOVE OF GOD.
SERVICE FEE PROGRAM IS A TRANSITIONAL FEE PAID BY HOMELESS INDIVIDUALS AS THEY BEGAN TO WORK AND BECOME PRODUCTIVE IN SOCIETY HOWEVER THEY ARE NOT READY TO LEAVE PATHWAY HOUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Price Executive Di | Officer | 40 | $74,097 |
Kit Adkins Board Member | Trustee | 1 | $0 |
Lauren Bagnoli Board Secret | OfficerTrustee | 1 | $0 |
Ryan Breland Board Member | Trustee | 1 | $0 |
Bill Dixon Board Member | OfficerTrustee | 1 | $0 |
Lewis Dorrity Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,938,673 |
| Investment income | $298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,172 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $143,819 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,133,477 |
| Statement of Expenses | |
|---|---|
| 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. | $74,097 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $368,836 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,735 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $573 |
| Office expenses | $44,771 |
| Information technology | $23,811 |
| Royalties | $0 |
| Occupancy | $57,299 |
| Travel | $3,183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,975 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,246 |
| Insurance | $38,949 |
| All other expenses | $0 |
| Total functional expenses | $710,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,060,263 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $380,800 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,575 |
| Prepaid expenses and deferred charges | $6,825 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $292 |
| Other assets | $0 |
| Total assets | $4,087,959 |
| Accounts payable and accrued expenses | $51,907 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,096 |
| Total liabilities | $74,003 |
| Net assets without donor restrictions | $2,653,002 |
| Net assets with donor restrictions | $1,360,954 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,013,956 |