Path2freedom Inc
- Assets
- $1.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Naples, FL
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-3835818
Organization Overview
Path2freedom Inc is located in Naples, FL. The organization was established in 2015. According to its NTEE Classification (I73) the organization is classified as: Sexual Abuse Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Path2freedom Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Path2freedom 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 12/2023, Path2freedom Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PATH2FREEDOM EXISTS TO CREATE HOPE AND HEALING FOR CHILD VICTIMS OF HUMAN TRAFFICKING BY PROVIDING SAFE ENVIRONMENTS AND LONG-TERM PROGRAMS FOR RECOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, PATH2FREEDOM, CONTINTUED TO GROW AND REFINE OUR SAFE HOUSE PROGRAM FOR MINOR GIRLS (AGES 12-17) IDENTIFIED AS HAVING EXPERIENCED COMMERCIAL SEXUAL EXPLOITATION OF CHILDREN (CSEC). THROUGH THIS PROGRAM WE PROVIDED SPIRITUAL, EDUCATIONAL, EQUINE, AND THERAPEUTIC SERVICES AS WELL AS A SAFE PLACE TO LIVE IN OUR FAMILY FIRST MODEL OF CARE.
THE MAGNOLIA SAFE HOUSE PROGRAM PROVIDED THE COMBINED EQUIVALENT OF 4,743 SAFE NIGHTS REST; 12,682 HOURS OF INDIVIDUALIZED EDUCATION; 7,261 HOURS OF EQUINE SUPPORT; 998 HOURS OF THERAPY. TWENTY-TWO GIRLS HAVE CALLED THE MAGNOLIA SAFE HOUSE HOME SINCE OPENING THE DOORS IN 2020.IN AN EFFORT TO PROVIDE A LIFETIME OF CARE ADDRESSING THE IMPACT OF COMPLEX TRAUMA ON FAMILIES AND TO SUPPORT LONG-TERM SUCCESS AND SELF SUFFICIENCY OF MAGNOLIA SAFE HOUSE RESIDENTS, WE LAUNCHED A NEW AFTERCARE PROGRAM AT THE END OF 2023. THIS PROGRAM HAS PROVIDED FINANCIAL, CO-PARENTING, EDUCATION, AND MENTORSHIP SUPPORT TO INDIVIDUALS, ADOPTED AND BIOLOGICAL FAMILIES. EVERY CHILD, REGARDLESS OF WHY THEY LEAVE THE MAGNOLIA SAFE HOUSE PROGRAM ARE ELIGIBLE TO RECEIVE A LIFETIME OF SUPPORT. THIS PROGRAM IS ACTIVELY IMPACTING THE LIVES OF SIXTEEN PEOPLE THROUGH INDIVIDUAL AND WHOLE FAMILY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana Stevenson President | OfficerTrustee | 80 | $75,000 |
Jon Stevenson Executive Director | OfficerTrustee | 60 | $75,000 |
Barbara Bollinger Development Director | Trustee | 60 | $54,688 |
Fawn Volkert Program Director | Trustee | 80 | $57,042 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $393,638 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,106,222 |
| Noncash contributions included in lines 1a–1f | $44,822 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,499,860 |
| Total Program Service Revenue | $0 |
| Investment income | $12,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31,775 |
| Net Income from Fundraising Events | -$68,685 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,411,983 |
| 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. | $261,730 |
| Compensation of current officers, directors, key employees. | $65,433 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $234,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,074 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,490 |
| Office expenses | $25,406 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,604 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,727 |
| Interest | $19,127 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,741 |
| Insurance | $4,248 |
| All other expenses | $16,446 |
| Total functional expenses | $1,109,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $681,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $74,480 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $26,797 |
| Net Land, buildings, and equipment | $1,152,659 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,175 |
| Total assets | $1,948,624 |
| Accounts payable and accrued expenses | $12,574 |
| 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 | $500,545 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $513,119 |
| Net assets without donor restrictions | $1,435,505 |
| Net assets with donor restrictions | $0 |
| 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 | $1,948,624 |