PATHWAY CHRISTIAN ACADEMY INC

EIN: 582046312 501(c)(3)

Goldsboro, NC

Total Revenue
$1,038,442
Total Expenses
$1,025,975
Total Assets
$539,309
Net Assets
$530,569
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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
1992
Legal Domicile
NC
Principal Officer
TD Worthington
Phone
9197359176
Tax Period
2023-01-01 to 2023-12-31

PATHWAY CHRISTIAN ACADEMY INC, founded in 1992, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023.

Mission

Christian education and religious outreach and 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 (2023)

Revenue Breakdown

Contributions & Grants $863,765
Program Service Revenue $174,640
Investment Income $37
Other Revenue $0
TOTAL REVENUE $1,038,442

Expense Breakdown

Grants Paid $0
Salaries & Benefits $371,724
Fundraising Expenses $0
Program Expenses $978,461
Other Expenses $654,251
TOTAL EXPENSES $1,025,975

Year-over-Year Comparison

2023 2022 Change
Revenue $1,038,442 $1,042,427 0.0%
Expenses $1,025,975 $1,023,597 +0.0%
Net Income $12,467 $18,830 -0.3%
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
2
Employees
13
Volunteers
7

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
2
$18,350
Total Directors
5
$44,195
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amber Sherman Director 0
Director
$19,385 $0 $19,385
T D Worthington President 10
Officer Director
$18,350 $0 $18,350
Connie Peters Director 10
Director
$6,460 $0 $6,460
Tiffany Johnson Secretary/Treasurer 0
Officer Director
$0 $0 $0
Cecil Johnson Director 0
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,038,442 $1,025,975 $539,309 $12,467
2022 $1,042,427 $1,023,597 $525,911 $18,830
2021 $1,134,824 $1,025,881 $513,664 $108,943
2020 $998,844 $933,433 $438,499 $65,411
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