2019-02-20T15:19:49-08:00 2018-06-30 Crosby & Kaneda CPAs LLP 1970 Broadway STE 930 Oakland CA 94612 990 2017-07-01 943098928 MyPath MYPA 4152060846 2430 Mission Street San Francisco CA 94110 Rohit Gera Treasurer 2019-02-20 true August Zajonc CPA P01218603 5108352727 2017 2019-02-21 02:37:17Z Margaret Libby 2430 Mission Street San Francisco CA 94110 2598121 false false X www.mypathus.org X 1989 CA MyPath engages low-income young people in banking, saving and credit-building to improve their access to college, jobs, housing and affordable loans. Ultimately, we teach them how to use financial products and goal-setting to achieve upward mobility and their potential. 5 5 17 25 0 1744443 2542824 62970 45504 4064 9793 0 1811477 2598121 31840 26168 0 905950 1162403 13800 63479 312889 699385 1250679 1901756 560798 696365 1428807 2165171 90410 130409 1338397 2034762 MyPath positions low-income youth to take control of their finances and achieve economic mobility. false false 1581427 26168 45504 This year, MyPath delivered financial capability education and paved banking, savings and credit-building opportunities to over 6,500 working youth and young adults from low-income communities. Weve expanded our capacity and partnerships to serve more young people through eleven credit unions and over 65 workforce programs across fourteen cities. We developed MyPath Money as an interactive, personalized financial education and management app to enhance the delivery of our Savings and Credit models. Among youth who engaged with MyPath Savings, 97% enroll in savings accounts and set savings goals, and youth save 34% of their income on average. Eighty-five percent of youth who completed MyPath Credit improved their FICO score, achieving credit scores of 680 points or higher. Our technology, training and evaluation methods were refined to expand the reach and impact of our models, positioning MyPath as a leader in the youth financial capability field. 1581427 true true false false false false false false false false true false false false false true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 17 0 true 17 true false false false false false false false false 0 false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true false false CA X Margaret Libby 4152060846 2430 Mission Street San Francisco CA 94110 Leslie Chard President 1.00 0.00 X X 0 0 0 Rohit Gera Treasurer 1.00 0.00 X X 0 0 0 Michelle Jun Secretary 1.00 0.00 X X 0 0 0 Gerald Richards Board Member 1.00 0.00 X 0 0 0 Jeanette Tevis Board Member 1.00 0.00 X 0 0 0 Margaret Libby Executive Dir. 40.00 0.00 X 128213 0 11031 Claudia Stillwell CFO 40.00 0.00 X 98586 0 11078 226799 22109 1 false false false 0 X 387417 2155407 1059 2542824 Program Service Fees 900099 45504 45504 45504 9793 9793 0 0 0 0 0 0 0 0 2598121 45504 9793 X 0 26168 26168 0 0 263505 129679 116679 17147 0 744998 674934 50750 19314 8400 7651 749 62920 56927 3544 2449 82580 66267 13453 2860 0 3690 1410 2280 10420 10420 0 13800 13800 0 436381 405991 26947 3443 3427 2845 552 30 36424 31162 4431 831 28005 23763 3653 589 0 52526 43662 7289 1575 45195 43883 1098 214 0 27260 16779 10379 102 0 0 35356 34634 550 172 4261 3532 603 126 Other expenses 16440 12140 3473 827 0 1901756 1581427 256850 63479 258 80189 567862 699803 730103 1157000 37391 143679 0 0 0 0 21200 47905 112579 75984 71993 36595 0 0 0 0 0 1428807 2165171 90410 130409 90410 130409 X 300902 449711 1037495 1585051 1338397 2034762 1428807 2165171 696365 X X false true X true false X 841863 797958 1494735 1744443 2542824 7421823 0 0 841863 797958 1494735 1744443 2542824 7421823 3347798 4074025 230 900 1583 4046 9793 16552 0 2167 2822 4989 7443364 252595 0.54730 0.68850 X 112579 75984 36595 36595 X 2598656 535 535 2598121 2598121 1902291 535 535 1901756 1901756 Part X : FIN48 Footnote The Organization has evaluated its current tax positions as of June 30, 2018 and is not aware of any significant uncertain tax positions for which a reserve would be necessary true 0 0 Student Stipends and Incentives 620 26168 Grantmaker's Description of How Grants are Used The organization provided small stipends and incentives to its interns, volunteers and participants in recognition of their assistance and participation in its financial capacity programs. Form 990, Part VI, Line 11b: Form 990 Review Process The Executive Director and the Treasurer review the 990 draft and provide the whole Board of Directors with a recommendation, and a copy of the final 990 to be submitted to the IRS, prior to the Board vote to approve the 990. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Board of Directors annually sign a conflict of interest policy form to determine whether any conflicts have arisen. In addition, the Board discusses potential conflicts of interest when city contracts are being reviewed and approved. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board of Directors reviewed the most recent Nonprofit Compensation Survey Report and 990s from peer organizations in our field before determining Executive Director compensation. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon request. Form 990, Part XII, Line 2: Change of Oversight or Selection Process MyPath formed a Finance Committee of the Board on May 24, 2018. This standing committee serves as the Audit Committee, which approves the retention and termination of an independent auditor, reviews the audit report with the auditor, presents the report to the full board, and recommend any changes in organizational or management practices as a result of the audit to ensure compliance with best practices. Form 990, Part VIII, Statement of Revenue, Line 2a Program services fees include amounts earned in support of the Youth Employment Success (YES) initiative and other activities.