KINGDOM PATHWAYS (EIN 205311067) - Form 990 Financial Analysis & Trantor Score

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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

JAMES MICHAUD

Tax Period

2024-01-01 to 2024-12-31

KINGDOM PATHWAYS, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 26% operating deficit.

Mission

PROVIDE HOUSING TO THE POOR, HOMELESS AND THOSE IN RECOVERY FROM CHEMICAL DEPENDANCY. PROVIDING HOUSING, MEALS, NURSING, MENTORING, COMMUNITY SERVICE, JOB SKILLS AND PLACEMENT.

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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 $22,597

Program Service Revenue $1,783,908

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,806,505

Expense Breakdown

Grants Paid $1,400

Salaries & Benefits $1,629,717

Fundraising Expenses $2,400

Program Expenses $2,143,951

Other Expenses $645,276

TOTAL EXPENSES $2,276,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,806,505	$2,510,172	-0.3%
Expenses	$2,276,393	$2,112,662	+0.1%
Net Income	$-469,888	$397,510	-2.2%

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

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

$41,600

Total Directors

$41,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM MICHAUD	EXEC DIRECTOR	080.00	Officer Director	$15,600	$26,000	$41,600
TIMOTHY BLAKE	CHAIRMAN	025.00	Officer Director	$0	$0	$0
JOHN BUSSER	TREASURER	001.00	Officer Director	$0	$0	$0
PETER CORNIEA	DIRECTOR	001.00	Director	$0	$0	$0
LEROY CARTER	DIRECTOR	001.00	Director	$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
2024	$1,806,505	$2,276,393	$1,752,851	$-469,888
2023	$2,510,172	$2,112,662	$2,232,521	$397,510
2022	$1,708,847	$1,795,364	$1,880,056	$-86,517
2021	$1,480,926	$1,624,615	$1,785,904	$-143,689
2020	$1,835,907	$1,566,116	$1,963,130	$269,791
2019	$1,447,579	$1,438,477	$1,598,667	$9,102

KINGDOM PATHWAYS