Wider Path Home Foundation (EIN 863155095) - Form 990 Financial Analysis & Trantor Score

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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

2021

Legal Domicile

Principal Officer

Sarah Hobson

Phone

4018463100

Tax Period

2025-01-01 to 2025-12-31

Wider Path Home Foundation, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $303K in total revenue in fiscal year 2025. Expenses of $411K exceeded revenue, resulting in a 35% operating deficit.

Mission

The purpose of the corporation is to support members of minority and other underserved populations that seek to own homes in economically disadvantage areas by providing homes ownership related financial education and down payment assistance, and to engage in any lawful act of activity for which corporation maybe organized under the general corporation law.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $301,461

Program Service Revenue $0

Investment Income $1,616

Other Revenue $0

TOTAL REVENUE $303,077

Expense Breakdown

Grants Paid $97,815

Salaries & Benefits $93,678

Fundraising Expenses $25,500

Program Expenses $97,815

Other Expenses $219,032

TOTAL EXPENSES $410,525

Year-over-Year Comparison

	2025	2024	Change
Revenue	$303,077	$313,582	0.0%
Expenses	$410,525	$257,103	+0.6%
Net Income	$-107,448	$56,479	-2.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$20,220

Total Directors

$20,220

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mysherrii Lard	President	5.00	Officer Director	$0	$0	$0
Bethany Gilpin	Secretary	10.00	Officer Director	$20,220	$0	$20,220
Nigel-Ray Garcia	Treasurer	0.25	Officer 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
2025	$303,077	$410,525	$114,382	$-107,448
2024	$313,582	$257,103	$221,830	$56,479
2023	$507,000	$1,763,647	$165,351	$-1,256,647
2022	$2,037,100	$637,375	$1,421,998	$1,399,725

Wider Path Home Foundation