PATHWAY MINISTRIES INC

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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

2006

Legal Domicile

Principal Officer

E LANGSTON HAYGOOD

Phone

2058353325

Tax Period

2024-01-01 to 2024-12-31

PATHWAY MINISTRIES INC, founded in 2006, is a small nonprofit in the Religion sector that reported $192K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $70K, a strong 37% operating margin.

Mission

ADVANCE CHRISTIAN FAITH BY PROVIDING CHRISTIAN FELLOWSHIP AND TO PROMOTE THE SPREAD OF THE GOSPEL AND RELATED ACTIVITIES INCLUDING CONDUCTING CHRISTIAN WORSHIP SERVICES REVIVAL MEETINGS, AND EDUCATION SESSIONS.

Program Service Accomplishments

Program 1

Expenses: $121,503

UKRAINE COUNSELING CENTER & SUPPORT SERVICES

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,848

Program Service Revenue $0

Investment Income $98,741

Other Revenue $0

TOTAL REVENUE $191,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $121,503

Other Expenses $121,503

TOTAL EXPENSES $121,503

Year-over-Year Comparison

	2024	2023	Change
Revenue	$191,589	$160,058	+0.2%
Expenses	$121,503	$187,525	-0.4%
Net Income	$70,086	$-27,467	-3.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOMMY E TURPIN CPA	TREASURER/BO	N/A	Director	$0	$0	$0
MARK W LEE ATTORNEY AT LAW	BOARD MEMBER	N/A	Director	$0	$0	$0
JAMES N HALL MD	BOARD MEMBER	N/A	Director	$0	$0	$0
E LANGSTON HAYGOOD	PRESIDENT	N/A	Officer	$0	$0	$0
EMILY COOPER HAYGOOD	VP/SECRETARY	N/A	Officer	$0	$0	$0

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	No data	No data	No data	No data
2024	$191,589	$121,503	$260,395	$70,086
2023	$160,058	$187,525	$243,351	$-27,467
2022	$303,568	$251,304	$136,397	$52,264