Nonprofit screen
Screen a listPath Ventures
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$11Mrevenue
FY2024 · −26% in 3 yrs20staff
7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin13.8%
Months of reserve2.4mo
Revenue growth (annualized)+12.8%
Middle half of peersMedianPath Ventures
Where the money goes FY2024 · $9.7M spent
Programs$9.0M93%Management and general$671k7%Fundraising$30k0%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2021
Conrad N Hilton Foundation gave $1.8M in FY2021, 12% of revenue that year.
Funders’ 990-PF grant listsGovernment grants fell 89% in FY2024
$4.0M in FY2023, $427k in FY2024.
990 Part VIIIIn its favor2
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 13% a year since FY2018, faster than half of similar nonprofits.
990 Part I · peer cohort29funders
$801ka year, last 3 years
73%from its largest funder
Funder’17’18’19’20’21’22’23Conrad N Hilton FoundationOn and off$1.8MTHDF II Inc DBA The Home Depot Foundation & Homer FundOn and off$250k$400k$300kUnited Way IncSince FY2018$50k$9k$155k$75k$75k$38kEnterprise Community Partners IncOn and off$38k$12k$15k$85kLocal Initiatives Support CorporationOn and off$62k$30kCorporation for Supportive HousingOn and off$50kDonor-advised giftsDonors not disclosed$50k$65k$453k$18k$9k$12k12 other fundersUp to $20k a year each$31k$54k$250$11k$26k$3k$32k
FundedThrough a donor-advised fund