Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $107,000

• 1f · All other contributions, gifts and grants

  $360,978

• 2a · Program service revenue: CONFR. REGISTRATIONS

  total $205,375 · related or exempt $205,375

• 3 · Investment income

  total $54,489 · excluded $54,489

• 11a · Other revenue: MISCELLANEOUS

  total $1,987 · excluded $1,987

• 11e · Other revenue, total

  $1,987

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $50,000 · program services $50,000

• 5 · Compensation of officers, directors and key employees

  total $124,529 · program services $99,623 · management and general $24,906

• 7 · Other salaries and wages

  total $166,039 · program services $121,117 · management and general $44,922

• 8 · Pension plan contributions

  total $5,347 · program services $3,825 · management and general $1,522

• 9 · Other employee benefits

  total $6,800 · program services $3,779 · management and general $3,021

• 10 · Payroll taxes

  total $18,482 · program services $13,943 · management and general $4,539

• 11b · Fees: legal

  total $8,036 · management and general $8,036

• 11c · Fees: accounting

  total $44,484 · management and general $44,484

• 11g · Fees: other

  total $165,711 · program services $123,223 · management and general $42,488

• 13 · Office expenses

  total $34,532 · program services $25,922 · management and general $8,610

• 19 · Conferences, conventions and meetings

  total $116,612 · program services $116,612

• 22 · Depreciation, depletion and amortization

  total $461 · management and general $461

• 24a · Other expenses: BENEFIT ADMIN FEE

  total $1,191 · management and general $1,191

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $352,584 · end of year $539,486

• 3 · Pledges and grants receivable

  beginning of year $208,500 · end of year $2,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,852 · end of year $6,876

• 10a · Land, buildings and equipment: cost or other basis

  $1,675

• 10b · Land, buildings and equipment: accumulated depreciation

  $558

• 10c · Land, buildings and equipment, net

  beginning of year $2,748 · end of year $1,117

• 11 · Investments: publicly traded securities

  beginning of year $2,384,033 · end of year $2,756,603

• 15 · Other assets

  beginning of year $575,658 · end of year $625,605

• 17 · Accounts payable and accrued expenses

  beginning of year $21,819 · end of year $17,133

• 19 · Deferred revenue

  end of year $10,000

• 25 · Other liabilities

  beginning of year $15,363 · end of year $31,125

• 27 · Net assets without donor restrictions

  beginning of year $2,673,011 · end of year $3,089,974

• 28 · Net assets with donor restrictions

  beginning of year $815,182 · end of year $783,455

The filer's explanations (Part III)

PART I, LINE 3

THE PRESIDENT OF PATH PARTNERSHIPS IS COMPENSATED BY PATH FOUNDATION. PATH FOUNDATION USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS, AND APPROVAL BY COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION FOR THE PRESIDENT.

PART I, LINE 4A

KATY MOORE, THE FORMER CEO, RECEIVED SEVERANCE PAYMENTS OF $19,969.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• PATH HOLDINGS I LLC

  REAL ESTATE HOLDINGS · VA

  Directly controlled by PATH FOUNDATION

• PATH HOLDINGS II LLC

  REAL ESTATE HOLDINGS · VA

  Directly controlled by PATH FOUNDATION

• PATH HOLDINGS III LLC

  REAL ESTATE HOLDINGS · VA

  Directly controlled by PATH FOUNDATION

• PATH HOLDINGS IV LLC

  REAL ESTATE HOLDINGS · VA

  Directly controlled by PATH FOUNDATION

• BIRDLEG LLC

  REAL ESTATE HOLDINGS · VA

  Directly controlled by PATH FOUNDATION