PATHWAYS HOSPICE (EIN 840782874) - 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

1979

Legal Domicile

Principal Officer

EVAN HYATT

Phone

3037804600

Tax Period

2023-01-01 to 2023-12-31

PATHWAYS HOSPICE, founded in 1979, is a mid-sized nonprofit in the Human Services sector that reported $20.8M in total revenue in fiscal year 2023. Expenses of $19.8M left a modest 5% surplus.

Mission

HONORING EVERY MOMENT OF LIFE, PATHWAYS HOSPICE PROVIDES COMPASSIONATE, EXCELLENT, COMPREHENSIVE CARE FOR THOSE WHO HAVE AN ADVANCED MEDICAL CONDITION AND THOSE WHO ARE GRIEVING.

🔒

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 $814,230

Program Service Revenue $19,604,193

Investment Income $375,909

Other Revenue $-17,352

TOTAL REVENUE $20,776,980

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,532,342

Fundraising Expenses $104,815

Program Expenses $14,380,912

Other Expenses $6,298,319

TOTAL EXPENSES $19,830,661

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,776,980	$19,279,678	+0.1%
Expenses	$19,830,661	$18,736,087	+0.1%
Net Income	$946,319	$543,591	+0.7%

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

199

Volunteers

148

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

$1,749,603

Total Directors

$1,029,678

Key Employees

$177,707

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM J BOWEN	CHIEF EXECUTIVE OFFICER	1.00	Officer Director	$0	$175,823	$1,029,678
KAREN DAWSON	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
CINDY BRAGDON	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
RJ MARTINEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
GARY PREMER	TREASURER	1.00	Officer Director	$0	$0	$0
JOANN LOVINS	DIRECTOR	1.00	Director	$0	$0	$0
MARY DELLENBACH	DIRECTOR	1.00	Director	$0	$0	$0
KATRINA EINHELLIG	DIRECTOR	1.00	Director	$0	$0	$0
NATHALIE KEES	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY SALAZAR	DIRECTOR	1.00	Director	$0	$0	$0
WILL BEYERS	DIRECTOR	1.00	Director	$0	$0	$0
GENE HAFFNER	DIRECTOR	1.00	Director	$0	$0	$0
EVAN HYATT	PRESIDENT	50.00	Officer	$131,780	$32,412	$164,192
NATHANIEL LAMKIN	PRESIDENT (THRU 04/23)	50.00	Officer	$63,282	$12,287	$75,569
PAUL E TOSETTI	CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$76,506	$480,164
ANGELA SICKMON	DIRECTOR CLINICAL SERVICES	40.00	Key Emp	$156,047	$21,660	$177,707
MICHAEL TOWBIN	MEDICAL DIRECTOR (THRU 07/23)	40.00	Highest	$205,683	$24,866	$230,549
TONI BROWN	RN	40.00	Highest	$108,449	$15,209	$123,658
JACQUELINE TAYLOR	DIRECTOR OF BUSINESS DEVELOPMENT	40.00	Highest	$104,557	$17,022	$121,579
MARTHA VIBBARD	CLINICAL MANAGER	40.00	Highest	$100,270	$3,036	$103,306

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	$20,776,980	$19,830,661	$32,748,258	$946,319
2022	$19,279,678	$18,736,087	$31,387,702	$543,591
2021	$20,933,159	$17,769,749	$25,746,800	$3,163,410
2020	$20,680,479	$17,594,998	$20,285,803	$3,085,481
2019	$16,856,185	$14,564,783	$15,735,868	$2,291,402
2018	$14,808,104	$12,840,886	$12,701,803	$1,967,218

PATHWAYS HOSPICE