Building Pathways Inc
- Assets
- $1.2m
- Revenue
- $942.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Roxbury, MA
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 47-5276622
Organization Overview
Building Pathways Inc is located in Roxbury, MA. The organization was established in 2016. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Building Pathways Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Pathways 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 12/2021, Building Pathways Inc generated $942.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $794.9k during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PRE-APPRENTICESHIP WORKFORCE TRAINING AND CREATE OPPORTUNITIES FOR LOW-INCOME AND UNDERREPRESENTED POPULATION IN THE BUILDING TRADES INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARE INDIVIDUALS TO MEET THE ENTRY REQUIREMENTS FOR, GAIN CONSIDERATION FORM, AND SUCCEED IN A REGISTERED APPRENTICESHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Vogel Exec Director | Officer | 40 | $115,830 |
Brian Doherty President | Trustee | 0.5 | $0 |
Mark Fortune Treasurer | Trustee | 0.5 | $0 |
Darlene Lombos Director | Trustee | 0.5 | $0 |
Richard Carter Clerk | Trustee | 0.5 | $0 |
Nicole Horberg Decter Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $732,728 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,986 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $860,714 |
| Total Program Service Revenue | $0 |
| Investment income | $341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $942,346 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,782 |
| 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. | $263,142 |
| Compensation of current officers, directors, key employees. | $24,461 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $26,063 |
| Other employee benefits | $63,682 |
| Payroll taxes | $25,286 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $161,127 |
| Advertising and promotion | $0 |
| Office expenses | $46,775 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $109,564 |
| Travel | $1,761 |
| 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 | $9,720 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $794,924 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $462,192 |
| Savings and temporary cash investments | $318,828 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $224,254 |
| 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 | $53,537 |
| Net Land, buildings, and equipment | $136,083 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,000 |
| Total assets | $1,216,894 |
| Accounts payable and accrued expenses | $86,867 |
| 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 | $0 |
| Total liabilities | $86,867 |
| Net assets without donor restrictions | $1,130,027 |
| 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 | $1,216,894 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Building Pathways Inc has recieved totaling $93,437.
| Awarding Organization | Amount |
|---|---|
Cpwr The Center For Construction Research And Training Silver Spring, MD PURPOSE: SAFETY AND HEALTH TRAINING | $78,437 |
Suffolk Cares Charitable Foundation Inc Boston, MA PURPOSE: CHARITABLE DONATION FOR THE ORGANIZATION'S GENERAL PURPOSE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cw Resources Inc New Britain, CT | $72,075,898 | $102,860,890 |
North Atlantic States Carpenters Training Fund Millbury, MA | $72,466,434 | $22,130,164 |
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Groundtruth Project Inc Boston, MA | $12,977,835 | $12,726,930 |
Skills For Rhode Islands Future Providence, RI | $3,601,484 | $11,174,331 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Liuna Training And Education Fund Pomfret Center, CT | $19,387,955 | $9,381,853 |
Joint Apprenticeship And Training Trust Fund Local 103 Ibew Boston, MA | $13,179,581 | $8,861,151 |
National Automatic Sprinkler Industry Apprentice And Training New Milford, CT | $8,318,559 | $7,669,959 |
Opportunities For A Better Tomorrow Inc Brooklyn, NY | $2,168,451 | $7,819,105 |
Daybreak Independent Service Inc Yonkers, NY | $5,959,924 | $7,495,936 |