PATH 2014 ANNUAL REPORT

ANNUAL20142014 was a very good year at PATH. Thanks to a very generous philanthropic community, a dynamic, fully engaged board of directors, and a hard working staff of five, PATH has succeeded in delivering almost twelve miles of new trails this year.

We continue to focus on raising money to design and build trails. We do not have membership meetings, administer programs, or spend much time celebrating our successes. As a result you will note we were able to manage almost $10,000,000 of construction in 2014 for less than $600,000. Our administrative expenses were less than 3% of our overall outlays. Again in 2014, we remain true to our mantra of being a mean, lean, trail building machine!

We did stop to have fun a few times during 2014. We co-hosted the 2014 Pride Ride, celebrated installation of our 200th mile of trail, and successfully managed another TriPATHlon event at Chastain Park. We took special pride in completing the trail to the Monastery of the Holy Spirit, including the dedication of a 525 foot-long bridge over the South River.

We continue to maintain all PATH trails in the City of Atlanta and DeKalb County in 2014, using income from our maintenance endowment fund. The City of Atlanta and DeKalb County will help us maintain trails beginning fiscal year 2016.

Please review the following pages and feel free to call us with any questions or comments. Your generosity keeps us in business. We want you to be proud of what we do. We will strive to deliver even more trails next year. Thanks for your interest and support for PATH.