Is Path Ventures Legit?

Quick charity verification for Path Ventures (EIN: 201892523)

Verdict: Path Ventures appears trustworthy

92/100Mission Score
$11.3MRevenue
$98.7MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Path Ventures allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Path Ventures

Is Path Ventures a legitimate charity?

Based on AI analysis of IRS 990 filings, Path Ventures (EIN: 201892523) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Path Ventures a good charity to donate to?

Path Ventures has a Mission Score of 92/100. Revenue: $11.3M. Assets: $98.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Path Ventures?

The Employer Identification Number (EIN) for Path Ventures is 201892523. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Path Ventures spend its money?

Path Ventures allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Path Ventures's tax-exempt status?

You can verify Path Ventures's tax-exempt status using EIN 201892523 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Path Ventures demonstrates a strong and consistent commitment to its program services, as evidenced by its spending efficiency. In the latest reported period (202312), the organization spent $5,786,089, with a significant portion likely directed towards its mission, given the absence of reported officer compensation. The organization has also shown substantial growth in assets, from $9,437,017 in 2016 to $98,747,319 currently, indicating effective financial management and asset accumulation. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the consistent growth and lack of reported officer compensation suggest a focus on mission delivery and operational efficiency. However, a detailed breakdown of functional expenses (program, administrative, fundraising) would enhance transparency and allow for a more precise assessment of spending efficiency. The organization's revenue has fluctuated over the years, with a peak of $15,210,741 in 2021 and $8,649,915 in 2023, demonstrating a capacity to attract significant funding. The substantial increase in assets and liabilities over time, particularly the growth in liabilities from $8,654,151 in 2016 to $62,206,083 in 2023, suggests significant capital projects or investments, which is common for organizations involved in housing or real estate development (NTEE L20).

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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