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Nonprofiteer
← PATHS FOR SUCCESS FOUNDATION

Form 990 for tax year 2024

Filed by PATHS FOR SUCCESS FOUNDATION.

Totals

Total revenue
$911,221
Total expenses
$1,733,677
Contributions and grants received
$0
Grants paid
$1,086,718
Program service revenue
$778,387
Investment income
$132,834
Other revenue
$0
Total assets, end of year
$990,268
Total liabilities, end of year
$257,474
Net assets or fund balances, end of year
$732,794
Program services expenses (Part IX)
$1,531,014
Management and general expenses
$46,632
Fundraising expenses
$156,031
Program service expenses (Part III)
$1,531,014

Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: PUBLIC & STATE FUNDING

    total $778,387 · related or exempt $778,387

  • 3 · Investment income

    total $24,192 · related or exempt $24,192

  • 7a · Gross sales of assets other than inventory

    securities $612,918

  • 7b · Less cost or other basis and sales expenses

    securities $504,276

  • 7c · Gain or loss

    securities $108,642

  • 7d · Net gain or loss

    total $108,642 · related or exempt $108,642

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,086,718 · program services $1,086,718

  • 5 · Compensation of officers, directors and key employees

    total $130,333 · program services $43,445 · management and general $43,444 · fundraising $43,444

  • 7 · Other salaries and wages

    total $124,167 · program services $124,167

  • 10 · Payroll taxes

    total $18,681 · program services $12,305 · management and general $3,188 · fundraising $3,188

  • 11b · Fees: legal

    total $9,855 · program services $9,855

  • 11c · Fees: accounting

    total $4,872 · program services $4,872

  • 11e · Fees: professional fundraising services

    total $109,399 · fundraising $109,399

  • 12 · Advertising and promotion

    total $106,205 · program services $106,205

  • 13 · Office expenses

    total $37,029 · program services $37,029

  • 16 · Occupancy

    total $53,466 · program services $53,466

  • 19 · Conferences, conventions and meetings

    total $35,368 · program services $35,368

  • 20 · Interest

    total $5,584 · program services $5,584

  • 24a · Other expenses: HEART OF DIXIE FOOD BAN

    total $12,000 · program services $12,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $769,345 · end of year $375,491

  • 2 · Savings and temporary cash investments

    beginning of year $331

  • 11 · Investments: publicly traded securities

    beginning of year $781,970 · end of year $597,564

  • 15 · Other assets

    beginning of year $11,628 · end of year $17,213

  • 24 · Unsecured notes and loans payable

    end of year $254,818

  • 25 · Other liabilities

    beginning of year $8,024 · end of year $2,656

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,555,250 · end of year $732,794

Mission and programs · 2024

Mission

PATHS FOR SUCCESS FOUNDATION IS A NON-PROFIT ORGANIZATION DESIGNED TO ASSIST ALABAMA CITIZENS IN OBTAINING SKILLS, CREDENTIALS, AND/OR CERTIFICATIONS THAT LEAD TO GAINFUL EMPLOYMENT. THE FOUNDATION PROVIDES OPPORTUNITIES BY ELIMINATING BARRIERS THAT IMPACT AN INDIVIDUAL'S ABILITY TO PARTICIPATE.

Activities or mission (Part I)

TO ASSIST ALABAMA CITIZENS IN OBTAINING SKILLS, CREDENTIALS, AND/OR CERTIFICATIONS THAT LEAD TO GAINFUL EMPLOYMENT. TO PROVIDE OPPORTUNITIES BY ELIMINATING BARRIERS THAT IMPACT AN INDIVIDUAL'S ABILITY TO PARTICIPATE.

  • PROVIDE SCHOLARSHIP FUNDS TO STATE COLLEGE/UNIVERISITY/COMMUNITY COLLEGES/TRADE SCHOOLS ALONG WITH PROFESSIONAL DEVELOPMENT SUPPORT.

    Expenses $1,531,014 · Grants $1,086,718 · Revenue $911,221

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JIMMY BAKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • ANGELA CONNER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • JON BARGANIER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • JERRY GRISSOM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • HUGH TOMAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • LARRY NORRIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • NEAL WADE

    PRESIDENET

    Total calculated
    $0
    Hours/week
    2

  • GREG COCHRAN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • MICHELLE JORDAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • TERRY MITCHELL

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • PATTY HUGHSTON

    EXECUTIVE DIRECTOR

    Total calculated
    $130,333
    From this org
    $130,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
12 December 2025
IRS schema version
2024v5.2
Source object
202533469349300633

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.