LIFEPATH INC

EIN: 042542539 501(c)(3) Human Services

GREENFIELD, MA

Total Revenue
$26,987,256
Total Expenses
$25,552,707
Total Assets
$11,081,712
Net Assets
$7,993,000
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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MA
Principal Officer
MARY GIANNETTI
Phone
4137735555
Tax Period
2024-07-01 to 2025-06-30

LIFEPATH INC, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $27.0M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $25.6M left a modest 5% surplus.

Mission

LIFEPATH, INC. IS A PRIVATE NON-PROFIT ORGANIZATION, DESIGNATED AGING SERVICES ACCESS POINT AND AN AREA AGENCY ON AGING. ITS MISSION IS TO HELP ELDERS LIVE AT HOME SAFELY AND INDEPENDENTLY FOR AS LONG AS POSSIBLE BY PROVIDING ASSISTANCE AND ACCESS TO A COMPREHENSIVE RANGE OF SERVICES. THESE SERVICES ARE EITHER PROVIDED BY LIFEPATH OR BY AGENCIES WITH WHOM IT CONTRACTS. ELIGIBILITY CRITERIA FOR THE VARIOUS PROGRAMS AND SERVICES ARE ESTABLISHED BY THE MASSACHUSETTS EXECUTIVE OFFICE OF ELDER AFFAIRS AND MEDICAID/MASSHEALTH.

Program Service Accomplishments

Program 1
Expenses: $3,999,793

COMMUNITY CHOICES PROGRAMTHE CHOICES PROGRAM WAS IMPLEMENTED TO PROVIDE A HIGHER LEVEL OF SERVICE IN THE COMMUNITY TO OLDER ADULTS WHO ARE ELIGIBLE FOR MASS HEALTH STANDARD AND WHO MEET THE...

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COMMUNITY CHOICES PROGRAMTHE CHOICES PROGRAM WAS IMPLEMENTED TO PROVIDE A HIGHER LEVEL OF SERVICE IN THE COMMUNITY TO OLDER ADULTS WHO ARE ELIGIBLE FOR MASS HEALTH STANDARD AND WHO MEET THE REQUIREMENTS FOR NURSING FACILITY SERVICES. THE GOAL OF THE PROGRAM IS TO ADDRESS THE NEEDS OF THE NURSING FACILITY ELIGIBLE OLDER ADULTS WHO REQUIRE ENHANCED SERVICES AND WHO PLAN TO LIVE SAFELY AND INDEPENDENTLY AT HOME. TO BE ENROLLED IN THE CHOICES PROGRAM, A CONSUMER MUST MEET THE FOLLOWING CRITERIA: BE ELIGIBLE FOR THE HOME CARE PROGRAM (SEE BELOW), MEET CLINICAL ELIGIBILITY FOR NURSING FACILITY SERVICES AS DETERMINED BY AN AGING SERVICES ACCESS POINT (ASAP) RN, REQUIRE AUTHORIZED SERVICES AT A PROJECTED COST OF AT LEAST 1.75 TIMES THE CURRENT HOME CARE PROGRAM MONTHLY PURCHASED SERVICES RATE, BE ENROLLED IN THE FRAIL ELDER WAIVER, AND BE ENROLLED IN MASS HEALTH STANDARD.

Program 2
Expenses: $3,065,242

ENHANCED ECOPTHE ENHANCED COMMUNITY OPTIONS PROGRAM (ECOP) WAS IMPLEMENTED TO PROVIDE A HIGHER LEVEL OF SERVICE IN THE COMMUNITY TO OLDER ADULTS WHO ARE NOT ELIGIBLE FOR MASS HEALTH STANDARD AND WHO...

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ENHANCED ECOPTHE ENHANCED COMMUNITY OPTIONS PROGRAM (ECOP) WAS IMPLEMENTED TO PROVIDE A HIGHER LEVEL OF SERVICE IN THE COMMUNITY TO OLDER ADULTS WHO ARE NOT ELIGIBLE FOR MASS HEALTH STANDARD AND WHO MEET THE REQUIREMENTS FOR NURSING FACILITY SERVICES. AS WITH CHOICES, THE GOAL OF THE PROGRAM IS TO ADDRESS THE NEEDS OF THE NURSING FACILITY ELIGIBLE OLDER ADULTS WHO REQUIRE ENHANCED SERVICES AND WHO PLAN TO LIVE SAFELY AND INDEPENDENTLY AT HOME. TO BE ENROLLED IN THE ECOP PROGRAM, A CONSUMER MUST MEET THE FOLLOWING CRITERIA: BE ELIGIBLE FOR THE HOME CARE PROGRAM (SEE BELOW), MEET CLINICAL ELIGIBILITY FOR NURSING FACILITY SERVICES AS DETERMINED BY AN ASAP RN, REQUIRE AUTHORIZED SERVICES AT A PROJECTED COST OF AT LEAST 1.75 TIMES THE CURRENT HOME CARE PROGRAM MONTHLY PURCHASED SERVICES RATE, AND NOT BE ENROLLED IN MASS HEALTH STANDARD.

Program 3
Expenses: $5,446,796 Revenue: $483,371

STATE HOME CARE PROGRAMPROVIDES SERVICES TO OLDER ADULTS AGE 60 AND OLDER (CAN BE YOUNGER WITH ALZHEIMER'S/DEMENTIA DIAGNOSIS), TO SUPPORT THEIR NEEDS IN THE AREAS OF ACTIVITIES OF DAILY LIVING...

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STATE HOME CARE PROGRAMPROVIDES SERVICES TO OLDER ADULTS AGE 60 AND OLDER (CAN BE YOUNGER WITH ALZHEIMER'S/DEMENTIA DIAGNOSIS), TO SUPPORT THEIR NEEDS IN THE AREAS OF ACTIVITIES OF DAILY LIVING (ADLS), AND INSTRUMENTAL ACTIVITIES OF DAILY LIVING (IADLS), ENABLING THEM TO REMAIN AT HOME IN THE COMMUNITY. AN OLDER ADULT MUST HAVE 6 IADLS AND/OR 1 ADLS TO QUALIFY. SOME EXCEPTIONS CAN BE MADE FOR OLDER ADULTS WHO HAVE AT LEAST 4 IADLS. ELDER AFFAIRS CONTRACTS WITH 24 NON-PROFIT AGENCIES (ASAPS) THAT ARE RESPONSIBLE FOR DETERMINING ELIGIBILITY FOR HOME CARE SERVICES. THE ASAP CASE MANAGER AUTHORIZES AND COORDINATES SERVICES WHICH MAY INCLUDE: PERSONAL CARE, HOMEMAKING, HOME DELIVERED MEALS, ADAPTIVE EQUIPMENT, CHORE, COMPANION, HOME HEALTH SERVICES, GROCERY SHOPPING, LAUNDRY, PERSONAL EMERGENCY RESPONSE SYSTEM, COMPANIONSHIP, MEDICAL TRANSPORTATION, AND RESPITE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,518,708
Program Service Revenue $5,377,351
Investment Income $91,197
Other Revenue $0
TOTAL REVENUE $26,987,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,881,987
Fundraising Expenses $107,648
Program Expenses $23,420,034
Other Expenses $15,670,720
TOTAL EXPENSES $25,552,707

Year-over-Year Comparison

2024 2023 Change
Revenue $26,987,256 $24,937,428 +0.1%
Expenses $25,552,707 $24,262,113 +0.1%
Net Income $1,434,549 $675,315 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
187
Volunteers
250

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
7
$430,002
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY GIANNETTI PRESIDENT 1.50
Officer Director
$0 $0 $0
JOANIE BERNSTEIN VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
JAMES GEISMAN TREASURER 1.50
Officer Director
$0 $0 $0
JUDITH FONSH SECRETARY 1.50
Officer Director
$0 $0 $0
MICHELLE DELISIO DIRECTOR 1.00
Director
$0 $0 $0
HENRY J EAST-TROU DIRECTOR 1.00
Director
$0 $0 $0
PRUDENCE BLOND DIRECTOR 1.00
Director
$0 $0 $0
RACHEL BROUDY DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY GODIN DIRECTOR 1.00
Director
$0 $0 $0
NANCY MAYNARD DIRECTOR 1.00
Director
$0 $0 $0
SONNYA PETERS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER FERRARA DIRECTOR 1.00
Director
$0 $0 $0
MARI ROVANG DIRECTOR 1.25
Director
$0 $0 $0
JAN STIEFEL DIRECTOR 1.00
Director
$0 $0 $0
PETER WINGATE DIRECTOR 1.00
Director
$0 $0 $0
GARY YUHAS EXECUTIVE DIRECTOR 35.00
Officer
$157,966 $15,920 $173,886
PHILIP GILFEATHER-GIRTON DIRECTOR OF FINANCE 35.00
Officer
$111,026 $5,476 $116,502
LYNNE FELDMAN ASSOCIATE EXECUTIVE DIRECT 35.00
Officer
$110,058 $29,556 $139,614
DIANE ROBIE DIRECTOR OF CLIENT SERVICES 35.00
Highest
$101,857 $13,471 $115,328
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 $26,987,256 $25,552,707 $11,081,712 $1,434,549
2024 $24,937,428 $24,262,113 $10,397,201 $675,315
2023 $20,762,491 $21,571,994 $9,882,458 $-809,503
2022 $20,609,552 $20,380,473 $8,547,416 $229,079
2021 $20,317,677 $20,090,567 $7,995,656 $227,110
2020 $20,296,766 $19,237,280 $7,455,585 $1,059,486
2019 $18,719,567 $18,364,883 $6,395,976 $354,684
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