A NEW PATH FOUNDATION INC

EIN: 822063975 501(c)(3)

Sherman Oaks, CA

Total Revenue
$49,719
Total Expenses
$50,231
Total Assets
$50,070
Net Assets
$50,070
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
AARON POSTIL
Phone
8004643529
Tax Period
2023-01-01 to 2023-12-31

A NEW PATH FOUNDATION INC, founded in 2017, is a micro nonprofit that reported $50K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

To pay for scholarships treatments and other support services to those in need

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $49,719
TOTAL REVENUE $49,719

Expense Breakdown

Grants Paid $3,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,500
Other Expenses $46,731
TOTAL EXPENSES $50,231

Year-over-Year Comparison

2023 2022 Change
Revenue $49,719 $65,589 -0.2%
Expenses $50,231 $75,323 -0.3%
Net Income $-512 $-9,734 -0.9%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
23

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON POSTIL PRESIDENTDIRECTOR 40.00
Officer Director
$0 $0 $0
KIRMA GALDAMEZ SECTREASDIRECTOR 40.00
Officer Director
$0 $0 $0
CANDY FINNIGAN DIRECTOR 1.000
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
2023 $49,719 $50,231 $50,070 $-512
2022 $65,589 $75,323 $50,582 $-9,734
2021 $100,706 $49,834 $60,040 $50,872
2020 $52,395 $79,382 $9,168 $-26,987
2019 $10,398 $70,462 $36,335 $-60,064
2019 $10,398 $70,462 $36,335 $-60,064
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