Path Workers Compensation Trust
EIN: 237870577 · Philadelphia, PA · NTEE: Z99Z
| Metric | Value |
|---|---|
| Total Revenue | $668K |
| Total Expenses | $663K |
| Net Assets | $-180,007 |
Is Path Workers Compensation Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Path Workers Compensation Trust
Path Workers Compensation Trust (EIN: 237870577) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code Z99Z. The organization reported total revenue of $668K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Path Workers Compensation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Path Workers Compensation Trust is a small nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $668K |
| Total Expenses | $663K |
| Surplus / Deficit | +$5K |
| Total Assets | $110K |
| Total Liabilities | $290K |
| Net Assets | $-180,007 |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 264.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: B
In 2023, Path Workers Compensation Trust reported a surplus of $5K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 264.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Path Workers Compensation Trust's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +148.5% | +551.5% | +377.6% |
| 2022 | -57.0% | -86.3% | -41.1% |
| 2021 | +108.7% | +61.3% | — |
| 2020 | +214.1% | +208.2% | -100.0% |
| 2019 | -44.2% | -30.5% | -89.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Path Workers Compensation Trust 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 Path Workers Compensation Trust 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 surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 264.0%.
Frequently Asked Questions about Path Workers Compensation Trust
Is Path Workers Compensation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Path Workers Compensation Trust (EIN: 237870577) insufficient data. 0 red flags identified, 0 strengths noted.
How does Path Workers Compensation Trust spend its money?
Detailed spending breakdown data is not yet available for Path Workers Compensation Trust. Check back for updated IRS 990 analysis.
Are donations to Path Workers Compensation Trust tax-deductible?
Path Workers Compensation Trust is registered as a tax-exempt nonprofit (EIN: 237870577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Path Workers Compensation Trust located?
Path Workers Compensation Trust is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 237870577. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Path Workers Compensation Trust have?
Path Workers Compensation Trust has 12 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 $668K in total revenue.
Filing History
IRS 990 filing history for Path Workers Compensation Trust showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Path Workers Compensation Trust's revenue has grown by 242.8%, moving from $195K to $668K. Total assets decreased by 84.3% over the same period, from $698K to $110K. Total functional expenses rose by 886.3%, from $67K to $663K. In its most recent filing year (2023), Path Workers Compensation Trust reported a surplus of $5K, with revenue exceeding expenses. The organization holds $290K in liabilities against $110K in assets (debt-to-asset ratio: 264.0%), resulting in net assets of $-180,007.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $668K | $663K | $110K | $290K | — | View 990 |
| 2022 | $269K | $102K | $23K | $208K | — | View 990 |
| 2021 | $625K | $741K | $39K | $391K | — | — |
| 2020 | $299K | $459K | $0 | $235K | — | View 990 |
| 2019 | $95K | $149K | $10K | $86K | — | View 990 |
| 2018 | $171K | $215K | $95K | $116K | — | View 990 |
| 2017 | $95K | $247K | $174K | $152K | — | View 990 |
| 2016 | $140K | $231K | $278K | $103K | — | View 990 |
| 2015 | $95K | $141K | $339K | $73K | — | View 990 |
| 2014 | $115K | $130K | $409K | $97K | — | View 990 |
| 2013 | $95K | $386K | $470K | $143K | — | View 990 |
| 2012 | $195K | $67K | $698K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $668K, expenses of $663K, and assets of $110K (revenue +148.5% year-over-year).
- 2022: Revenue of $269K, expenses of $102K, and assets of $23K (revenue -57.0% year-over-year).
- 2021: Revenue of $625K, expenses of $741K, and assets of $39K (revenue +108.7% year-over-year).
- 2020: Revenue of $299K, expenses of $459K, and assets of $0 (revenue +214.1% year-over-year).
- 2019: Revenue of $95K, expenses of $149K, and assets of $10K (revenue -44.2% year-over-year).
- 2018: Revenue of $171K, expenses of $215K, and assets of $95K (revenue +79.2% year-over-year).
- 2017: Revenue of $95K, expenses of $247K, and assets of $174K (revenue -31.9% year-over-year).
- 2016: Revenue of $140K, expenses of $231K, and assets of $278K (revenue +47.5% year-over-year).
- 2015: Revenue of $95K, expenses of $141K, and assets of $339K (revenue -17.4% year-over-year).
- 2014: Revenue of $115K, expenses of $130K, and assets of $409K (revenue +21.1% year-over-year).
- 2013: Revenue of $95K, expenses of $386K, and assets of $470K (revenue -51.4% year-over-year).
- 2012: Revenue of $195K, expenses of $67K, and assets of $698K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Path Workers Compensation Trust:
Data Sources and Methodology
This transparency report for Path Workers Compensation Trust 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.