PATHWAYS CORE TRAINING INC

EIN: 261084626 501(c)(3) Youth Development

FORT WORTH, TX

Total Revenue
$335,776
Total Expenses
$367,288
Total Assets
$139,852
Net Assets
$-284,532
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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
2007
Legal Domicile
TX
Principal Officer
Laurie Mitchell
Phone
9727910337
Tax Period
2023-01-01 to 2023-12-31

PATHWAYS CORE TRAINING INC, founded in 2007, is a small nonprofit in the Youth Development sector that reported $336K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

TO PROVIDE EXPERIENTIAL TRAINING THAT EMPOWERS INDIVIDUALS TO LIVE WITH PURPOSE, PASSION, DIGNITY AND INTEGRITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $65,959
Program Service Revenue $269,783
Investment Income $34
Other Revenue $0
TOTAL REVENUE $335,776

Expense Breakdown

Grants Paid $7,296
Salaries & Benefits $191,041
Fundraising Expenses $10,301
Program Expenses $261,476
Other Expenses $168,951
TOTAL EXPENSES $367,288

Year-over-Year Comparison

2023 2022 Change
Revenue $335,776 $411,124 -0.2%
Expenses $367,288 $454,806 -0.2%
Net Income $-31,512 $-43,682 -0.3%
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
4
Volunteers
20

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
$87,130
Total Directors
3
$0
Key Employees
1
$87,130
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE MITCHELL EXECUTIVE DIRECTOR 40
Officer Key Emp Highest
$87,130 $0 $87,130
DOUG DUREAU CHAIRMAN 3
Director
$0 $0 $0
PAUL SCHAEFFER TREASURER 3
Director
$0 $0 $0
TOMMI WEEDEN BOARD MEMBER 3
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 No data No data No data No data
2023 $335,776 $367,288 $139,852 $-31,512
2022 $411,124 $454,806 $157,383 $-43,682
2021 $227,667 $444,689 $205,074 $-217,022
2020 $392,643 $580,702 $212,332 $-188,059
2019 $1,154,558 $1,080,086 $254,209 $74,472
2018 $1,270,338 $1,297,267 $236,291 $-26,929
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