Nonprofit · EIN 56-1134544
PATH OF HOPE INC
Tax-exempt · LEXINGTON, NC 27293
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,524,315 | $1,370,564 | $153,751 | $864,911 | $294,998 | $569,913 |
| June 30, 2024 | 990 | $1,561,033 | $1,429,507 | $131,526 | $820,131 | $399,999 | $420,132 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $37,740
- of which government grants
- $20,960
- Program service revenue
- $1,127,269
- Investment income
- $38,928
- Net gain from sales of assets
- $864
- Net income from fundraising events
- $5,869
- Other revenue
- $320,378
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $828,844
- Salaries, compensation and benefits (total)
- $954,005
- Professional fundraising fees
- $0
- Accounting fees
- $7,993
- Occupancy
- $74,343
- Travel
- $24,554
- Depreciation
- $38,728
- Program services (functional)
- $1,229,029
- Management and general (functional)
- $141,535
Balance sheet and other
- Total assets, start of year
- $820,131
- Total assets, end of year
- $864,911
- Total liabilities, end of year
- $294,998
- Net assets, end of year
- $569,913
- Land, buildings and equipment
- $559,843
- Net assets without donor restrictions
- $566,997
- Net assets with donor restrictions
- $2,916
- Gross unrelated business income
- $5,869
- Gross receipts
- $1,526,654
- Employees
- 43
- Year formed
- 1976
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Beth Burke | Board Member Trustee or director | 0 | $0 |
| Christy Covington | Board Member Trustee or director | 0 | $0 |
| Richard Y Wadell | Board Member Trustee or director | 0 | $0 |
| Chris Azelton | Board Member Trustee or director | 0 | $0 |
| Rhonda Wagner | Board Member Trustee or director | 0 | $0 |
| Drew Nelson | Board Member Trustee or director | 0 | $0 |
| Frankie Young | Board Member Trustee or director | 0 | $0 |
| Darrell Swing | Board Member Trustee or director | 0 | $0 |
| Andy Clarke | Board Member Trustee or director | 0 | $0 |
| Rodney Trogdon | Vice Chairperson Trustee or director | 0 | $0 |
| Michael Beck | Board Member Trustee or director | 0 | $0 |
| Lynn Kennedy | Board Member Trustee or director | 40 | $0 |
| Angie Banther | Executive Director Officer | 40 | $0 |
| Richard Green | Past Chairperson Officer | 0 | $0 |
| Drew Money | Secretary Officer | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Newman | Chairperson Officer | 0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andy Clarke | Board Member Trustee or director | 0 | $0 |
| Venessa Obie | Board Member Trustee or director | 0 | $0 |
| Frankie Young | Board Member Trustee or director | 0 | $0 |
| Lynn Kennedy | Board Member Trustee or director | 40 | $0 |
| Michael Beck | Board Member Trustee or director | 0 | $0 |
| Rodney Trogdon | Vice Chairperson Trustee or director | 0 | $0 |
| Drew Nelson | Board Member Trustee or director | 0 | $0 |
| Beth Burke | Board Member Trustee or director | 0 | $0 |
| Heather Y Davis | Board Member Trustee or director | 0 | $0 |
| Chris Azelton | Board Member Trustee or director | 0 | $0 |
| Rhonda Wagner | Board Member Trustee or director | 0 | $0 |
| Angie Banther | Executive Director Officer | 40 | $0 |
| Marcia Henriksen | Treasuer Officer | 0 | $0 |
| Drew Money | Secretary Officer | 0 | $0 |
| James Newman | Chairperson Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1824, LEXINGTON, NC 27293-1824
- In care of
- % ANGIE BANTHER
- Principal officer (990 for 2024)
- Angie Banther, 1790 Leonard Rd, Salisbury, NC 28146
- Signed the 990
- ANGIE BANTHER, Executive Director
- Phone
- (336) 248-8914
- Return prepared by
- C Idol CPA PC
Mission
Substance Abuse Treatment
Program accomplishments
- Substance abuse treatment. Total of 12,415 days were servedExpenses $1,229,029
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1134544
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F22Z)
- Assets (IRS master file)
- $864,911
- Income (IRS master file)
- $1,526,654
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,524,315 | $1,370,564 | $864,911 | XML |
| 990 | June 2024 | $1,561,033 | $1,429,507 | $820,131 | XML |
| 990 | June 2023 | $1,054,574 | $1,225,566 | $735,632 | IRS |
| 990 | June 2022 | $1,175,970 | $1,269,681 | $784,632 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1134544).
Questions about PATH OF HOPE INC
- What is the EIN of PATH OF HOPE INC?
- The employer identification number (EIN) of PATH OF HOPE INC is 56-1134544.
- Is PATH OF HOPE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to PATH OF HOPE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PATH OF HOPE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PATH OF HOPE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PATH OF HOPE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PATH OF HOPE INC?
- The 990 for the year ended June 30, 2025 names Angie Banther.
- Who are the officers and directors of PATH OF HOPE INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does PATH OF HOPE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,524,315, expenses of $1,370,564 and total assets of $864,911 at year end.
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All nonprofits in LEXINGTON · North Carolina · Mental health and crisis intervention