The New Path, Inc.
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
The New Path, Inc. meets the 20 Standards for Charity Accountability.
Stated Purpose:
According to The New Path Inc., its mission is "to love our neighbors by assisting with basic needs and creating a community that supports stability and fosters transformation."
Year, State Incorporated:
2000, OH
The New Path Inc. ("New Path") provides choice food pantries in Tipp City and Trotwood, Ohio; provides durable medical equipment and disposable supplies; accepts furniture donations and gives to families in need through referrals; repairs donated cars and gives them to clients who earn a vehicle by completing classes and serving at New Path; financial assistance for rent and utilities in southern Miami County; operate two re-sale stores for clothing and home furnishings.
For the year ended December 31, 2021, The New Path, Inc.'s program expenses were:
| Programs | $1,403,266 |
| Total Program Expenses | $1,403,266 |
Chief Executive
William Lutz, Executive Director
Compensation*
$81,781
Chair of the Board
Susan Westfall, Community Volunteer
Chair's Profession / Business Affiliation
Board Size
8
Paid Staff Size
18
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Special events, Grant proposals, Internet
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on The New Path, Inc.'s audited financial statements for the year ended December 31, 2021.
Source of Funds
| Unrealized Gain on Investments | $900 |
| Interest income | $1,038 |
| Realized Gain on Investments | $1,344 |
| Fundraising | $12,381 |
| Sale of donated items | $234,128 |
| Contributions | $1,363,841 |
| Total Income | $1,613,632 |
Programs: 94% Fundraising: 2% Administrative: 4%
| Total Income | $1,613,632 |
| Total expenses: | $1,493,918 |
| Program expenses | $1,403,266 |
| Fundraising expenses | $28,318 |
| Administrative expenses | $62,334 |
| Other expenses | $0 |
| Income in Excess of Expenses | $119,714 |
| Beginning Net Assets | $889,094 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,008,808 |
| Total Liabilities | $41,620 |
| Total Assets | $1,050,428 |
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Standards Not Met
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Review in Progress
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Report completed by:
BBB of Dayton and Miami Valley