Old Paths & New Journeys Inc

Nonprofit profile at a glance

EIN: 811557107
IRS 990-EZ coverage: 2017–2020
Forms available: Form 990-EZ 2020, Form 990-N 2016
Location: Philadelphia, PA, USA
Phone: 2155303672
Rating: 86
Verdict: STRONG
Rating confidence: Moderate
Sector: Homeless Shelters

Reported finances

Revenue: $21,000
Expenses: $24,375
Assets: $3,400
Liabilities: $6,000

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

Leonard Boney (President)

People named in this filing

Leonard Boney (President)
Nathaniel Means Jr (Director)
Anita Whitaker (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to educate, support, and assist those in need.

What it reported doing in 2020

Helped two families move into a home and helped 10 people find employment.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Grant intermediary. The nonprofit sent 76% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 25
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -16.1%; rating input score 32; 32nd percentile among comparable filings
Total-asset coverage ratio: 0.14; rating input score 9; 9th percentile among comparable filings
Liabilities to assets ratio: 1.76; rating input score 4; 4th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 21.8% per year; rating input score 100; 90th percentile among comparable filings
Revenue growth: -8.6% per year; rating input score 0; 37th percentile among comparable filings
Asset growth: -0.7% per year; rating input score 0; 36th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $24K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 9 of 9 current checks pass
Schedules: 2 filed schedules
Filing history: 4 filing years from 2017 to 2020
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

High — Growth: Revenue growth scored 0/100.
Moderate — Sustainability: Operating margin scored 32/100.
High — Sustainability: Total-asset coverage ratio scored 9/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 4/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.