Pathway Academy (EIN 680553717) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

James Hering

Phone

5053410555

Tax Period

2023-01-01 to 2023-12-31

Pathway Academy, founded in 2003, is a small nonprofit in the Education sector that reported $435K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $401K left a modest 8% surplus.

Mission

Provide Licensed Educational Classes for Grades One through Twelve

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $120,220

Program Service Revenue $274,035

Investment Income $7,131

Other Revenue $33,544

TOTAL REVENUE $434,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $307,904

Fundraising Expenses $0

Program Expenses $369,364

Other Expenses $93,577

TOTAL EXPENSES $401,481

Year-over-Year Comparison

	2023	2022	Change
Revenue	$434,930	$395,904	+0.1%
Expenses	$401,481	$346,579	+0.2%
Net Income	$33,449	$49,325	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$69,008

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Hering	Principal	40.00	Officer	$69,008	$0	$69,008
Dr E Brooke Baker	President	1.00	Director	$0	$0	$0
Rev Dr Kelly Brooks	Vice President	1.00	Director	$0	$0	$0
Gina Herzog	Board Member	1.00	Director	$0	$0	$0
Jan Secunda	Treasurer	1.00	Director	$0	$0	$0
Jennifer Ciolek	Board Member	1.00	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	No data	No data	No data	No data
2023	$434,930	$401,481	$355,391	$33,449
2023	$434,930	$401,481	$355,391	$33,449
2022	$395,904	$346,579	$303,026	$49,325
2021	$313,848	$338,801	$246,708	$-24,953
2020	$313,675	$351,549	$286,269	$-37,874
2019	$383,486	$365,791	$602,772	$17,695
2018	$447,672	$405,504	$284,340	$42,168

Pathway Academy