LIFEPATH SYSTEMS FOUNDATION
Mission Statement
Lifepath Foundation is dedicated to raising funds and awareness for individuals and families impacted by behavioral health, intellectual and developmental challenges in Collin County, resulting in stronger communities. LifePath Foundation is a non-profit organization that raises funds and awareness for LifePath Systems’ programs and services, which provides critical tools that build health and well-being for adults, children and families. The Foundation Board is comprised of 15 Collin County residents who volunteer their time and are committed to increasing awareness and eliminating the stigma surrounding mental illness, substance use disorder and intellectual and developmental disabilities.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.7 mo | 5.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
11.1% | 3.9% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 95.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
15.6% | 8.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.7% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $159K | $158K | $115K | — | — |
| 2023 | $138K | N/A | $181K | — | — |
| 2022 | $150K | $176K | $44K | 42.4% | — |
| 2021 | $228K | $57K | N/A | — | 1 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.