PATH EDUCATIONAL INITIATIVES

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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

2022

Principal Officer

NAOMI WELCH

Phone

5204779533

Tax Period

2024-07-01 to 2025-06-30

PATH EDUCATIONAL INITIATIVES, founded in 2022, is a micro nonprofit in the Education sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $26K exceeded revenue, resulting in a 1079% operating deficit.

Mission

MISSION TO INTEGRATE EXEMPLARY EVIDENCE-BASED BEST PRACTICES OF ACADEMIC STANDARDS, WE TEACH THE IMMEASURABLE OUTCOMES OF ETHICAL-MINDFULNESS AND THE SOCIAL- EMOTIONAL COMPETENCIES TO CULTIVATE ACCOUNTABLE, COMPASSIONATE, AND RESILIENT CITIZENS OF THE WORLD. PURPOSE TO EMPOWER CHILDREN TO ACT WITH COMPASSION AND ACCOUNTABILITY, BUILDING COMMUNITIES OF ETHICALLY MINDFUL CITIZENS THAT ACTUALIZE MEANINGFUL, HAPPY LIVES.

Program Service Accomplishments

Program 1

Expenses: $26,044

DEVELOPED AND SPREAD PATH CURRICULUM TO STUDENTS GLOBALLY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,208

Investment Income $1

Other Revenue $0

TOTAL REVENUE $2,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,348

Fundraising Expenses $0

Program Expenses $26,044

Other Expenses $17,696

TOTAL EXPENSES $26,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,209	$235,948	-1.0%
Expenses	$26,044	$212,464	-0.9%
Net Income	$-23,835	$23,484	-2.0%

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

Governance

Voting Members

Independent Members

N/A

Employees

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
LINDA MCCANN	VICE PRESIDE	N/A	Officer	$0	$0	$0
ELIANA MORRIS	PRESIDENT	N/A	Officer	$0	$0	$0
LAUREN ROSENTHAL	TREASURER	N/A	Officer	$0	$0	$0
NAOMI WELCH	SECRETARY	N/A	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	$2,209	$26,044	$3,232	$-23,835
2024	$235,948	$212,464	$26,666	$23,484
2023	$193,324	$190,142	$20,347	$3,182