THE HEALING PATH MINISTRIES INC

EIN: 821709938 501(c)(3) Religion

SUNNYVALE, CA

Total Revenue
$153,921
Total Expenses
$126,647
Total Assets
$380,754
Net Assets
$378,547
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
DAVID ALVAREZ
Phone
4084999656
Tax Period
2024-01-01 to 2024-12-31

THE HEALING PATH MINISTRIES INC, founded in 2017, is a small nonprofit in the Religion sector that reported $154K in total revenue in fiscal year 2024. The organization ran a surplus of $27K, a strong 18% operating margin.

Mission

TO SERVE & MOTIVATE THE LOCAL & GLOBAL CHRISTIAN COMMUNITY VIA SEMINARS, CHURCH/MISSION CONSULTATION, MOTIVATIONAL SPEAKING, LEADERSHIP TRAINING, SHORT-TERM MISSIONS, HUMANITARIAN CARE, COMMUNITY VALUES CLARIFICATION & INTERIM MINISTRY/LEADERSHIP TRANSITIONS

Program Service Accomplishments

Program 1
Expenses: $79,716 Revenue: $12,175

DURING THE YEAR, THE ORGANIZATION CONDUCTED THE FOLLOWING: - HEALING PATH 1.0 ELEVEN-WEEK COURSE FEBRUARY 2024- SUMMER BOOK STUDY JUNE 2024- WESTGATE SUMMER HEALING PATH SEVEN-WEEK CLASS 2024-...

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DURING THE YEAR, THE ORGANIZATION CONDUCTED THE FOLLOWING: - HEALING PATH 1.0 ELEVEN-WEEK COURSE FEBRUARY 2024- SUMMER BOOK STUDY JUNE 2024- WESTGATE SUMMER HEALING PATH SEVEN-WEEK CLASS 2024- HEALING PATH 2.0 ELEVEN-WEEK COURSE SEPTEMBER 2024- TAUGHT AT AWAKENING PROTEGE LEADERS GROUP- 1X1 COUNSELING SESSIONS BY PHONE, ZOOM, AND IN PERSON- MENTORING SIX INDIVIDUALS- PRAYER TRAINING FOR ECHO CHURCH "APPRENTICE" LEADERS FOR THP 1.0 CLASS- EMAIL NEWSLETTER DISTRIBUTED QUARTERLY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $140,140
Program Service Revenue $12,175
Investment Income $1,606
Other Revenue $0
TOTAL REVENUE $153,921

Expense Breakdown

Grants Paid $0
Salaries & Benefits $109,200
Fundraising Expenses $22,348
Program Expenses $79,716
Other Expenses $17,447
TOTAL EXPENSES $126,647

Year-over-Year Comparison

2024 2023 Change
Revenue $153,921 $156,165 0.0%
Expenses $126,647 $138,950 -0.1%
Net Income $27,274 $17,215 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
29

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$109,200
Total Directors
4
$109,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ALVAREZ PRESIDENT 40.00
Officer Director
$87,600 $21,600 $109,200
GRANT JENKS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JEANINE-CARSON MCCREARY SECRETARY & TREASURER 7.00
Officer Director
$0 $0 $0
MICHAEL DUNN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $153,921 $126,647 $380,754 $27,274
2023 $156,165 $138,950 $353,605 $17,215
2022 $153,661 $142,431 $331,190 $11,230
2021 $159,557 $111,788 $325,110 $47,769
2020 $132,823 $103,653 $270,012 $29,170
2019 $112,622 $98,379 $240,211 $14,243
2018 $166,474 $91,023 $226,175 $75,451
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