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.

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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

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
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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