Path2parenthood Inc

Nonprofit profile at a glance

EIN
133126362
IRS 990 coverage
2010–2017
Forms available
Form 990 2017, Form 990-EZ 2009
Location
New York, NY, USA
Phone
7186215083
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Reproductive Health Care Facilities and Allied Services

Official website

Reported finances

Revenue
$494,353
Expenses
$494,428
Assets
$47,708
Liabilities
$30,161

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • KEN MOSESIAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KEN MOSESIAN (EXECUTIVE DIRECTOR): $89,773 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Path2parenthood is a national inclusive public charity committed to helping people create their families of choice by providing leading-edge outreach programs and timely educational information. Programs encompasses reproductive and sexual health, infertility prevention and treatment and family-building options including adoption and third party solutions.

What it reported doing in 2017

Program services include - online/electronic education (fact sheets, webinars, enewsletters, library, blog, resource guide, in-depth handbooks, tool kits) and in-person events (lgbt educational outreach at pride events and in-person educational meetings) & telephone support groups (facilitated by professionals specializing in infertility and family building), toll free support line servicing over 250 inquiries. Outreach events held in various cities across the country with over 450 attendees. Online traffic is approximatgely 700,000 per year. 6 support groups were held with approximately 300 attendees.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 75
  • Accountability: 84
  • Sustainability: 24
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 74.9%; rating input score 75
  • Fundraising efficiency: $2.26 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.63; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 18.2%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: -9.5% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 2% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 74.9% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $370K in reported program spending
  • Leadership: top reported pay $90K · 13 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.