NEW PATHWAYS INC

EIN: 521078513 501(c)(3)

TOWSON, MD

Total Revenue
$3,907,149
Total Expenses
$4,017,966
Total Assets
$1,231,716
Net Assets
$1,069,747
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MD
Principal Officer
EILEEN STEVENS
Phone
4104642600
Tax Period
2017-07-01 to 2018-06-30

NEW PATHWAYS INC, founded in 1976, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2017.

Mission

NEW PATHWAYS INC. IS A COMMUNITY-BASED CORPORATION THAT PROVIDES A RANGE OF SERVICES TO DISCONNECTED YOUTH, AGES 16-24, LIVING IN THE BALTIMORE METROPOLITAN AREA. SERVICES INCLUDE CASE MANAGEMENT, COUNSELING, PRE-EMPLOYMENT PREPARATION AND JOB READINESS SKILLS, JOB PLACEMENT, JOB RETENTION, LIFE SKILLS, PARENTING SKILLS, HOUSING SUPPORT AND EDUCATION. THE ORGANIZATION'S MISSION IS TO OFFER DISCONNECTED YOUTH A PATHWAY TO SUCCESSFUL ADULTHOOD.

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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 (2017)

Revenue Breakdown

Contributions & Grants $256,661
Program Service Revenue $3,646,047
Investment Income $1,239
Other Revenue $3,202
TOTAL REVENUE $3,907,149

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,946,982
Fundraising Expenses $0
Program Expenses $3,222,981
Other Expenses $2,070,984
TOTAL EXPENSES $4,017,966

Year-over-Year Comparison

2017 2016 Change
Revenue $3,907,149 $3,635,727 +0.1%
Expenses $4,017,966 $3,765,890 +0.1%
Net Income $-110,817 $-130,163 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
12
Independent Members
12
Employees
42
Volunteers
3

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
8
$351,914
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISAZETTA SPIKES SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID BRAINERD BOARD MEMBER 1.00
Director
$0 $0 $0
WILMA BROCKINGTON BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
EILEEN STEVENS TREASURER 1.00
Officer Director
$0 $0 $0
PAUL TOMICK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LATERI MCFADDEN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID BERNEY BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON TYLER PRESIDENT 1.00
Officer Director
$0 $0 $0
RAMSEY HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCES LAWLER BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA WRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MITTELMAN EXECUTIVE DIRECTOR 40.00
Officer
$97,809 $7,278 $105,087
LAURIE REAMER FINANCE DIRECTOR 40.00
Officer
$65,261 $8,054 $73,315
NANCY STROHMINGER ASSOCIATE DIRECTOR 40.00
Officer
$92,408 $3,574 $95,982
JOSHUA HARROLD CAREER DEVELOPMENT DIRECTOR 40.00
Officer
$71,434 $6,096 $77,530
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
2018 $3,907,149 $4,017,966 $1,231,716 $-110,817
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