NEW PATHWAYS TECH INC

🔒

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

2016

Legal Domicile

Principal Officer

SUE HANSOHN

Phone

5407299859

Tax Period

2025-01-01 to 2025-12-31

NEW PATHWAYS TECH INC, founded in 2016, is a small nonprofit in the Education sector that reported $199K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $32K, a strong 16% operating margin.

Mission

NEW PATHWAYS TECH, INC IS COMMITTED TO PROVIDING INNOVATIVE AVENUES FOR TECHNICAL TRAINING AND WORKFORCE DEVELOPMENT IN THE VIRGINIA PIEDMONT REGION.

Program Service Accomplishments

Program 1

Expenses: $166,448 Revenue: $73,723

NEW PATHWAYS TECH, INC WILL DEVELOP PROGRAMS THAT DIRECTLY RESPOND TO THE NEEDS OF THE BUSINESS COMMUNITY WHILE EMPOWERING STUDENTS TO SUCCEED IN WAYS THAT MEANINGFULLY CONTRIBUTE TO A CULTURE OF...

NEW PATHWAYS TECH, INC WILL DEVELOP PROGRAMS THAT DIRECTLY RESPOND TO THE NEEDS OF THE BUSINESS COMMUNITY WHILE EMPOWERING STUDENTS TO SUCCEED IN WAYS THAT MEANINGFULLY CONTRIBUTE TO A CULTURE OF AMERICAN INGENUITY. THE ORGANIZATION WILL BUILD A COLLABORATIVE ENVIRONMENT BETWEEN INDUSTRY LEADERS, EDUCATIONAL PARTNERS, LOCAL GOVERNMENT AND THE COMMUNITY, OFFER ADAPTABLE PROGRAMS THAT RESPOND TO THE NEEDS OF OUR IMMEDIATE INDUSTRY PARTNERS AND FOSTER AN INCLUSIVE ENVIRONMENT THAT PROMOTES RESPECT FOR INDIVIDUAL ABILITIES.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $125,000

Program Service Revenue $73,723

Investment Income $0

Other Revenue $0

TOTAL REVENUE $198,723

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $166,448

Other Expenses $166,448

TOTAL EXPENSES $166,448

Year-over-Year Comparison

	2025	2024	Change
Revenue	$198,723	$298,795	-0.3%
Expenses	$166,448	$120,040	+0.4%
Net Income	$32,275	$178,755	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEON FINCHER	DIRECTOR	1.00	Director	$0	$0	$0
FRANK BOSSIO	DIRECTOR	1.00	Director	$0	$0	$0
ROQUE CASTRO	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW CIURROS	DIRECTOR	1.00	Director	$0	$0	$0
ARON BOGNER	DIRECTOR	1.00	Director	$0	$0	$0
SUE HANSOHN	PRESIDENT	1.00	Officer	$0	$0	$0
STEVE NIXON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
LISA PEACOCK	SECRETARY	1.00	Officer	$0	$0	$0
CHRIS PEARSON	TREASURER	1.00	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	$198,723	$166,448	$262,071	$32,275
2024	$298,795	$120,040	$257,257	$178,755
2023	$78,896	$49,482	$111,884	$29,414
2022	$24,044	$124,266	$86,255	$-100,222
2021	$148,142	$37,852	$171,198	$110,290
2020	$51,285	$67,113	$65,766	$-15,828
2019	$47,157	$129,718	$94,944	$-82,561
2018	$169,263	$227,562	$190,849	$-58,299