LIFE PATHWAY

EIN: 271731172 501(c)(3) Religion

BIG LAKE, AK

Total Revenue
$513,507
Total Expenses
$566,804
Total Assets
$367,629
Net Assets
$355,411
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
AK
Principal Officer
EVAN BURNS
Phone
9077154060
Tax Period
2024-11-01 to 2025-10-31

LIFE PATHWAY, founded in 2011, is a small nonprofit in the Religion sector that reported $514K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $567K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE HANGAR, TOOLS AND ASSISTANCE FOR MISSIONARIES TO MAINTAIN AIRPLANES; FLY CARGO AND PASSENGERS TO SERVICE MISSIONARIES AND BIBLE CAMPS; AND PROVIDE FLIGHT TRAINING.

Program Service Accomplishments

Program 1
Expenses: $259,247 Revenue: $37,164

CONNECTED YOUTH AND STAFF TO BIBLE CAMPS VIA FLIGHTS. TOOK EDUCATIONAL TRAINING AND SUPPLIES TO VILLAGES. SERVED MISSIONARIES AVIATION MAINTENANCE NEEDS.

Program 2
Expenses: $200,443

IN PARTNERSHIP WITH THE LAHU CHURCH IN THAILAND, WE ARE DEVELOPING THE BIBLE CURRICULUM FOR CHILDREN AND ARE SEEKING TO RAISE SUPPORT TO BUILD A SMALL SUNDAY SCHOOL ROOM FOR THE CHILDRENS CLASSES AND...

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IN PARTNERSHIP WITH THE LAHU CHURCH IN THAILAND, WE ARE DEVELOPING THE BIBLE CURRICULUM FOR CHILDREN AND ARE SEEKING TO RAISE SUPPORT TO BUILD A SMALL SUNDAY SCHOOL ROOM FOR THE CHILDRENS CLASSES AND OTHER TEACHING OPPORTUNITIES. THIS VILLAGE HAS ABOUT 1,000 PEOPLE, MOSTLY LAHU, AND SOME AKHA, LISU, KAREN, AND SHAN. WE ARE ALSO CREATING AND TEACHING A BASIC BIBLE CURRICULUM FOR LAHU CHILDREN IN SUNDAY SCHOOL. ONLY 10,000 PEOPLE IN THAILAND SPEAK THIS SMALL LAHU DIALECT. ADDITIONALLY, WE ARE CURRENTLY DEVELOPING A BASIC DISCIPLESHIP CURRICULUM FOR YOUTH IN THAI. IT TEACHES THE FUNDAMENTALS OF CHRISTIAN DOCTRINE AND BIBLICAL HISTORY. IN PARTNERSHIP WITH TWO BURMESE BROTHERS, WE ARE TRANSLATING OUR OWN RESOURCES INTO BURMESE FOR THEOLOGICAL AND PASTORAL TRAINING AMONG THE HILLTRIBES. WE ARE IN THE PROCESS FOR CREATING A BASIC BIBLICAL THEOLOGY RESOURCE FOR TEACHING ORAL-BASED LEARNERS THE FRAMEWORK AND STRUCTURE OF THE BIBLE AND HOW ITS DIVERSE PARTS FIT WITHIN ITS CHRIST-CENTERED WHOLE. WE WILL THEN TRANSLATE IT INTO VARIOUS LANGUAGES.

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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 $372,189
Program Service Revenue $37,164
Investment Income $17,253
Other Revenue $86,901
TOTAL REVENUE $513,507

Expense Breakdown

Grants Paid $216,093
Salaries & Benefits $106,124
Fundraising Expenses $0
Program Expenses $459,690
Other Expenses $244,587
TOTAL EXPENSES $566,804

Year-over-Year Comparison

2024 2023 Change
Revenue $513,507 $302,407 +0.7%
Expenses $566,804 $266,155 +1.1%
Net Income $-53,297 $36,252 -2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
5
Volunteers
2

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
4
$100,000
Total Directors
5
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVAN BURNS PRESIDENT 40.00
Officer Director
$100,000 $0 $100,000
BENJAMIN MOSSIER VICE PRESIDE 2.00
Officer Director
$0 $0 $0
TIM TURNER SECRETARY 2.00
Officer Director
$0 $0 $0
NATHANIEL CARSON TREASURER 2.00
Officer Director
$0 $0 $0
SHAWN BICKFORD CHAIRMAN 2.00
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
2025 $513,507 $566,804 $367,629 $-53,297
2024 $302,407 $266,155 $352,452 $36,252
2023 $254,690 $268,344 $303,972 $-13,654
2022 $343,630 $192,178 $455,938 $151,452
2021 $210,481 $299,010 $309,252 $-88,529
2020 $215,468 $269,490 $394,002 $-54,022
2019 $294,691 $284,042 $450,990 $10,649
2018 $334,240 $284,558 $442,643 $49,682
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