PATHWAYS TO RECOVERY INC

EIN: 061640365 501(c)(3) Housing & Shelter

PORT JEFFERSON STATION, NY

Total Revenue
$2,335,531
Total Expenses
$2,110,910
Total Assets
$962,524
Net Assets
$888,274
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
DEBBIE MIHALKO
Phone
5165228327
Tax Period
2024-02-01 to 2025-01-31

PATHWAYS TO RECOVERY INC, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.1M left a modest 10% surplus.

Mission

TO PROVIDE TEMPORARY HOUSING FOR HOMELESS FAMILIES

Program Service Accomplishments

Program 1
Expenses: $1,873,608 Revenue: $2,335,532

TEMPORARY HOUSING FOR HOMELESS FAMILIES, WITH AN AVERAGE OF 68 CLIENTS HOUSED PER DAY. THE ORGANIZATION ALSO PROVIDES ASSISTANCE TO CLIENTS IN OBTAINING PERMANENT HOUSING.

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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 $0
Program Service Revenue $2,332,531
Investment Income $0
Other Revenue $3,000
TOTAL REVENUE $2,335,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,397,908
Fundraising Expenses $0
Program Expenses $1,873,608
Other Expenses $713,002
TOTAL EXPENSES $2,110,910

Year-over-Year Comparison

2024 2023 Change
Revenue $2,335,531 $2,243,318 +0.0%
Expenses $2,110,910 $2,015,680 +0.0%
Net Income $224,621 $227,638 0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
15
Volunteers
N/A

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
1
$128,708
Total Directors
1
$128,708
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE MIHALKO PRESIDENT/EXECUTIVE DIRECTOR 40.00
Officer Director
$128,708 $0 $128,708
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 $2,335,531 $2,110,910 $962,524 $224,621
2024 $2,243,318 $2,015,680 $721,963 $227,638
2023 $1,937,456 $1,722,191 $489,602 $215,265
2022 $1,533,106 $1,634,366 $311,376 $-101,260
2021 $1,536,502 $1,541,662 $366,950 $-5,160
2020 $1,454,363 $1,559,308 $184,507 $-104,945
2019 $1,440,354 $1,508,269 $302,235 $-67,915
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