Educational Pathways Inc
EIN: 352583681 · Naples, FL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.8M |
| Net Assets | $2.7M |
Is Educational Pathways Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Educational Pathways Inc
Educational Pathways Inc (EIN: 352583681) is a nonprofit organization based in Naples, FL, classified under NTEE code B20. The organization reported total revenue of $3.4M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational Pathways Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational Pathways Inc is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 40.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-174,521 |
| Total Assets | $8.3M |
| Total Liabilities | $5.6M |
| Net Assets | $2.7M |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 66.9% |
| Months of Reserves | 36.0 months |
Financial Health Grade: C
In 2023, Educational Pathways Inc reported a deficit of $175K with expenses exceeding revenue, holds 36.0 months of operating reserves (strong position), has a debt-to-asset ratio of 66.9% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Educational Pathways Inc's revenue has grown at a compound annual growth rate (CAGR) of 40.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.7% | +57.2% | -3.6% |
| 2022 | +271.1% | +72.9% | +1334.4% |
| 2021 | +34.7% | +32.9% | +22.3% |
| 2020 | +28.5% | +41.3% | +213.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Educational Pathways Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Educational Pathways Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $175K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.9%.
Frequently Asked Questions about Educational Pathways Inc
Is Educational Pathways Inc a legitimate charity?
Educational Pathways Inc (EIN: 352583681) is a registered tax-exempt nonprofit based in Florida. It has 5 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. Financial health grade: C.
How does Educational Pathways Inc spend its money?
Educational Pathways Inc reported $3.4M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Educational Pathways Inc tax-deductible?
Educational Pathways Inc is registered as a tax-exempt nonprofit (EIN: 352583681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Educational Pathways Inc located?
Educational Pathways Inc is headquartered in Naples, Florida and files with the IRS under EIN 352583681. It is classified under NTEE code B20.
How many years of IRS 990 filings does Educational Pathways Inc have?
Educational Pathways Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.4M in total revenue.
Filing History
IRS 990 filing history for Educational Pathways Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Educational Pathways Inc's revenue has grown by 287.4%, moving from $669K to $2.6M. Total assets increased by 5197.4% over the same period, from $157K to $8.3M. Total functional expenses rose by 410.6%, from $542K to $2.8M. In its most recent filing year (2023), Educational Pathways Inc reported a deficit of $175K, with expenses exceeding revenue. The organization holds $5.6M in liabilities against $8.3M in assets (debt-to-asset ratio: 66.9%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.8M | $8.3M | $5.6M | — | View 990 |
| 2022 | $4.3M | $1.8M | $8.6M | $5.7M | — | View 990 |
| 2021 | $1.2M | $1.0M | $601K | $222K | — | View 990 |
| 2020 | $860K | $766K | $491K | $252K | — | — |
| 2019 | $669K | $542K | $157K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.8M, and assets of $8.3M (revenue -39.7% year-over-year).
- 2022: Revenue of $4.3M, expenses of $1.8M, and assets of $8.6M (revenue +271.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $601K (revenue +34.7% year-over-year).
- 2020: Revenue of $860K, expenses of $766K, and assets of $491K (revenue +28.5% year-over-year).
- 2019: Revenue of $669K, expenses of $542K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational Pathways Inc:
Data Sources and Methodology
This transparency report for Educational Pathways Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.