PATHWAY RESOURCE CENTER INC

EIN: 383681150 501(c)(3) Human Services

INDIANAPOLIS, IN

Total Revenue
$992,306
Total Expenses
$910,960
Total Assets
$7,437,705
Net Assets
$6,771,282
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IN
Principal Officer
LA KEISHA JACKSON
Phone
3178909817
Tax Period
2024-01-01 to 2024-12-31

PATHWAY RESOURCE CENTER INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $992K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $911K left a modest 8% surplus.

Mission

MISSION STATEMENT: PATHWAY RESOURCE CENTER'S MISSION IS TO FOSTER AFFORDABLE HOUSING, TRANSPORTATION SERVICES, PROVIDE TRAINING AND RESOURCES TO CREATE OPPORTUNITIES THAT PROMOTE RESIDENT SELF-SUFFICIENCY WHILE BRIDGING THE "DIGITAL DIVIDE AND REDUCING WELFARE DEPENDENCY AND CRIME. THE TARGET POPULATION INCLUDES UNDERSERVED, LOW-INCOME RESIDENTS (SENIORS, WOMEN, BLACK MALES, AT-RISK YOUTH AND FAMILIES) LIVING WITHIN AMBER WOODS APARTMENTS AND RESIDENTS LIVING ON THE FAR EASTSIDE OF INDIANAPOLIS AND SURROUNDING AREAS.

Program Service Accomplishments

Program 1
Expenses: $768,607 Revenue: $30,751

PATHWAY SERVES RESIDENCES ON THE FAR EASTSIDE TO INCLUDE AMBER WOODS APARTMENTS AND SURROUNDING COMMUNITIES IN INDIANAPOLIS. PATHWAY PROVIDES A VARIETY OF EVENTS AND ACTIVITIES FOR YOUTH AND ADULTS...

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PATHWAY SERVES RESIDENCES ON THE FAR EASTSIDE TO INCLUDE AMBER WOODS APARTMENTS AND SURROUNDING COMMUNITIES IN INDIANAPOLIS. PATHWAY PROVIDES A VARIETY OF EVENTS AND ACTIVITIES FOR YOUTH AND ADULTS, INCLUDING A COMPUTER LAB.

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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 $666,678
Program Service Revenue $30,751
Investment Income $294,877
Other Revenue $0
TOTAL REVENUE $992,306

Expense Breakdown

Grants Paid $535
Salaries & Benefits $362,275
Fundraising Expenses $5,195
Program Expenses $768,607
Other Expenses $548,150
TOTAL EXPENSES $910,960

Year-over-Year Comparison

2024 2023 Change
Revenue $992,306 $837,485 +0.2%
Expenses $910,960 $892,572 +0.0%
Net Income $81,346 $-55,087 -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
9
Independent Members
9
Employees
N/A
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
6
$42,323
Total Directors
9
$42,323
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LA KEISHA JACKSON CEO 40.00
Officer Director
$0 $0 $42,323
ALMA SLASH SECRETARY 2.00
Officer Director
$0 $0 $0
ANNIE SMITH PRESIDENT 2.00
Officer Director
$0 $0 $0
HEATHER BONDS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KIMBERLY WHERRY SECRETARY 2.00
Officer Director
$0 $0 $0
TRA'ELL STREETER TREASURER 2.00
Officer Director
$0 $0 $0
LUVENIA HUDSON MEMBER-AT-LARGE 2.00
Director
$0 $0 $0
SCOTT WOLTING MEMBER-AT-LARGE 2.00
Director
$0 $0 $0
MARK DERICO MEMBER-AT-LARGE 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
2024 $992,306 $910,960 $7,437,705 $81,346
2023 $837,485 $892,572 $7,432,114 $-55,087
2022 $1,611,261 $725,259 $7,312,221 $886,002
2021 $647,585 $494,416 $6,413,554 $153,169
2020 $5,171,682 $368,242 $5,599,198 $4,803,440
2019 $862,310 $309,760 $605,932 $552,550
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