NEW PATHS INC (EIN 382302935) - 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

1980

Legal Domicile

Principal Officer

JAMES HUDGENS

Phone

8102335340

Tax Period

2024-10-01 to 2025-09-30

NEW PATHS INC, founded in 1980, is a mid-sized nonprofit in the Crime & Legal sector that reported $10.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $9.8M left a modest 4% surplus.

Mission

PROVIDING ALTERNATIVE SENTENCING OPTIONS TO COURT SYSTEMS.

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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 $216,014

Program Service Revenue $9,869,409

Investment Income $193,934

Other Revenue $0

TOTAL REVENUE $10,279,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,459,859

Fundraising Expenses $0

Program Expenses $7,224,997

Other Expenses $2,374,472

TOTAL EXPENSES $9,834,331

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,279,357	$9,048,113	+0.1%
Expenses	$9,834,331	$8,217,007	+0.2%
Net Income	$445,026	$831,106	-0.5%

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

Governance

Voting Members

Independent Members

Employees

238

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

$149,660

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HUDGENS	EXECUTIVE DI	40.00	Officer	$149,660	$0	$149,660
LENNETTA BRADLY-CONEY	BOARD MEMBER	2.00	Director	$0	$0	$0
DR RYAN REECE	BOARD MEMBER	2.00	Director	$0	$0	$0
ANNA VARGAS	BOARD MEMBER	2.00	Director	$0	$0	$0
JIM CARLSON	TREASURER	2.00	Officer	$0	$0	$0
KRISTINIA MARSHALL	PRESIDENT	2.00	Officer	$0	$0	$0
RANDALL PETRIDES	VICE PRESIDE	2.00	Officer	$0	$0	$0
JAMIE-LEE VENABLE	SECRETARY	2.00	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	$10,279,357	$9,834,331	$7,419,443	$445,026
2024	$9,048,113	$8,217,007	$7,001,521	$831,106
2023	$8,511,482	$7,583,346	$6,074,543	$928,136
2022	$7,128,373	$6,197,713	$5,086,582	$930,660
2021	$6,748,953	$5,526,624	$3,702,077	$1,222,329
2019	$5,161,720	$4,593,204	$1,922,826	$568,516
2018	$3,968,636	$3,865,927	$1,350,412	$102,709

NEW PATHS INC