Channeled Paths Inc
Channeled Paths Inc. experiences significant revenue increase after years of minimal financial activity.
EIN: 205912141 · Martinez, GA · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $253K |
| Total Expenses | $420 |
| Program Spending | 75% |
| Net Assets | $-3,326 |
| Transparency Score | 70/100 |
Is Channeled Paths Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Channeled Paths Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Channeled Paths Inc
Channeled Paths Inc (EIN: 205912141) is a nonprofit organization based in Martinez, GA, classified under NTEE code P20. The organization reported total revenue of $253K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Channeled Paths Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Channeled Paths Inc is a small nonprofit that has been operating for 13 years, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of -71.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $517 |
| Total Expenses | $420 |
| Surplus / Deficit | +$97 |
| Total Assets | $7K |
| Total Liabilities | $11K |
| Net Assets | $-3,326 |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 146.2% |
| Months of Reserves | 205.8 months |
Financial Health Grade: A
In 2017, Channeled Paths Inc reported a surplus of $97 with revenue exceeding expenses, holds 205.8 months of operating reserves (strong position), has a debt-to-asset ratio of 146.2% (high leverage).
Financial Trends
Over 4 years of filings (2014–2017), Channeled Paths Inc's revenue has declined at a compound annual growth rate (CAGR) of -71.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -89.1% | -91.4% | +1.4% |
| 2016 | -62.7% | -69.4% | -2.1% |
| 2015 | -41.9% | -31.8% | -31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Channeled Paths Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Channeled Paths Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $97, with revenue exceeding expenses.
- Debt-to-asset ratio: 146.2%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting a volunteer-led executive team or compensation structured in a way not reported as officer compensation, which is positive for direct program funding.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Channeled Paths Inc's IRS 990 filings:
- Significant and unexplained jump in revenue in the latest period without corresponding historical growth, warranting further scrutiny.
- Historical expenses frequently exceeded revenue (e.g., 201512: Revenue=$12,681, Expenses=$15,966; 201412: Revenue=$21,834, Expenses=$23,399), indicating potential reliance on reserves or other funding to cover operational costs.
Strengths
The following positive indicators were identified for Channeled Paths Inc:
- Consistent reporting of 0% officer compensation across all filings, suggesting a volunteer-driven leadership or efficient use of funds not allocated to executive salaries.
- Maintains a relatively small asset base ($19,509 latest), which could indicate a lean operational model.
Frequently Asked Questions about Channeled Paths Inc
Is Channeled Paths Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Channeled Paths Inc (EIN: 205912141) some concerns. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
How does Channeled Paths Inc spend its money?
Channeled Paths Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Channeled Paths Inc tax-deductible?
Channeled Paths Inc is registered as a tax-exempt nonprofit (EIN: 205912141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Channeled Paths Inc's spending goes to programs?
Channeled Paths Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Channeled Paths Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Channeled Paths Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Channeled Paths Inc located?
Channeled Paths Inc is headquartered in Martinez, Georgia and files with the IRS under EIN 205912141. It is classified under NTEE code P20.
How many years of IRS 990 filings does Channeled Paths Inc have?
Channeled Paths Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $253K in total revenue.
What caused the significant increase in revenue to $253,485 in the latest period, compared to prior years where revenue was consistently below $22,000?
The provided data does not specify the reason for the sudden increase in revenue. Further investigation into the latest 990 filing would be necessary to understand the source of this income.
How does Channeled Paths Inc. manage its consistent liabilities of $10,530, especially when its assets were historically low?
The consistent reporting of $10,530 in liabilities across multiple years, even when assets were as low as $7,107, suggests a long-term debt or obligation. The nature of these liabilities would need to be examined in the full 990 filings.
What is the detailed breakdown of expenses (program, administrative, fundraising) for the latest period with $253,485 in revenue?
The provided summary data does not include a detailed expense breakdown for the latest period. This information is crucial for assessing spending efficiency and would be available in the full IRS Form 990.
Filing History
IRS 990 filing history for Channeled Paths Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), Channeled Paths Inc's revenue has declined by 97.6%, moving from $22K to $517. Total assets decreased by 31.7% over the same period, from $11K to $7K. Total functional expenses fell by 98.2%, from $23K to $420. In its most recent filing year (2017), Channeled Paths Inc reported a surplus of $97, with revenue exceeding expenses. The organization holds $11K in liabilities against $7K in assets (debt-to-asset ratio: 146.2%), resulting in net assets of $-3,326.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $517 | $420 | $7K | $11K | — | View 990 |
| 2016 | $5K | $5K | $7K | $11K | — | — |
| 2015 | $13K | $16K | $7K | $11K | — | View 990 |
| 2014 | $22K | $23K | $11K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $517, expenses of $420, and assets of $7K (revenue -89.1% year-over-year).
- 2016: Revenue of $5K, expenses of $5K, and assets of $7K (revenue -62.7% year-over-year).
- 2015: Revenue of $13K, expenses of $16K, and assets of $7K (revenue -41.9% year-over-year).
- 2014: Revenue of $22K, expenses of $23K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Channeled Paths Inc:
Data Sources and Methodology
This transparency report for Channeled Paths Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.