Pathway Christian Ministries Inc
Pathway Christian Ministries operates on thin margins with minimal assets and significant liabilities.
EIN: 20724029 · Atlanta, GA · NTEE: P82 · Updated: 2026-03-28
Is Pathway Christian Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pathway Christian Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pathway Christian Ministries Inc
Pathway Christian Ministries Inc (EIN: 20724029) is a nonprofit organization based in Atlanta, GA, classified under NTEE code P82. The organization reported total revenue of $194K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pathway Christian Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pathway Christian Ministries Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2008–2017). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $190K |
| Surplus / Deficit | +$4K |
| Total Assets | $5K |
| Total Liabilities | $39K |
| Net Assets | $-34,412 |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 825.7% |
| Months of Reserves | 0.3 months |
Financial Health Grade: B
In 2017, Pathway Christian Ministries Inc reported a surplus of $4K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 825.7% (high leverage).
Financial Trends
Over 10 years of filings (2008–2017), Pathway Christian Ministries Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +3.2% | +1.9% | +8367.9% |
| 2016 | +3.8% | -0.4% | -95.4% |
| 2015 | -33.4% | -22.7% | -99.3% |
| 2014 | +30.3% | +18.0% | +14179.2% |
| 2013 | -5.4% | +2.5% | -97.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pathway Christian Ministries Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Pathway Christian Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 825.7%.
Executive Compensation Analysis
No officer compensation has been reported across all ten filings, suggesting either a fully volunteer-led executive team or compensation levels below IRS reporting thresholds, which could maximize funds for programs but also raises questions about leadership sustainability.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Pathway Christian Ministries Inc's IRS 990 filings:
- Consistently low asset base relative to liabilities, indicating poor financial health (e.g., $4,742 assets vs. $39,154 liabilities in 2017).
- Significant fluctuations in assets and liabilities without clear explanation (e.g., assets dropped from $172,207 in 2014 to $1,206 in 2015).
- No reported officer compensation across all filings, which can be a red flag for transparency or sustainability if key leadership is not compensated.
- Expenses consistently very close to revenue, leaving little to no surplus for reserves or future growth (e.g., $194,011 revenue vs. $189,732 expenses in 2017).
Strengths
The following positive indicators were identified for Pathway Christian Ministries Inc:
- Consistent deployment of nearly all revenue towards expenses, suggesting active use of funds.
- No reported officer compensation, potentially maximizing funds available for direct programs.
Frequently Asked Questions about Pathway Christian Ministries Inc
Is Pathway Christian Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pathway Christian Ministries Inc (EIN: 20724029) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Pathway Christian Ministries Inc spend its money?
Pathway Christian Ministries Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pathway Christian Ministries Inc tax-deductible?
Pathway Christian Ministries Inc is registered as a tax-exempt nonprofit (EIN: 20724029). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Pathway Christian Ministries Inc. manage its significant liabilities with such low assets?
The organization consistently reports liabilities that far exceed its assets, such as $39,154 in liabilities versus $4,742 in assets in 2017. This suggests a reliance on short-term funding or significant outstanding payables, which could pose a financial risk.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data only shows total expenses. A detailed breakdown is necessary to accurately assess spending efficiency and ensure a high percentage of funds are directed towards programs.
How does the organization sustain its operations without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings implies that executive leadership may be entirely volunteer-based or compensated through non-reportable means, which is unusual for an organization with revenues consistently over $180,000.
What caused the significant drop in assets from $172,207 in 2014 to $1,206 in 2015?
This drastic reduction in assets within a single year, from $172,207 to $1,206, warrants further investigation to understand the underlying financial decisions or events.
Filing History
IRS 990 filing history for Pathway Christian Ministries Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2008–2017), Pathway Christian Ministries Inc's revenue has declined by 45.9%, moving from $359K to $194K. Total assets decreased by 29.7% over the same period, from $7K to $5K. Total functional expenses fell by 46.1%, from $352K to $190K. In its most recent filing year (2017), Pathway Christian Ministries Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $39K in liabilities against $5K in assets (debt-to-asset ratio: 825.7%), resulting in net assets of $-34,412.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $194K | $190K | $5K | $39K | — | View 990 |
| 2016 | $188K | $186K | $56 | $39K | — | — |
| 2015 | $181K | $187K | $1K | $27K | — | View 990 |
| 2014 | $272K | $242K | $172K | $127K | — | View 990 |
| 2013 | $209K | $205K | $1K | $-29,322 | — | View 990 |
| 2012 | $221K | $200K | $43K | $4K | — | View 990 |
| 2011 | $304K | $244K | $24K | $0 | — | View 990 |
| 2010 | $268K | $254K | $8K | $0 | — | View 990 |
| 2009 | $462K | $404K | $49K | $0 | — | View 990 |
| 2008 | $359K | $352K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $194K, expenses of $190K, and assets of $5K (revenue +3.2% year-over-year).
- 2016: Revenue of $188K, expenses of $186K, and assets of $56 (revenue +3.8% year-over-year).
- 2015: Revenue of $181K, expenses of $187K, and assets of $1K (revenue -33.4% year-over-year).
- 2014: Revenue of $272K, expenses of $242K, and assets of $172K (revenue +30.3% year-over-year).
- 2013: Revenue of $209K, expenses of $205K, and assets of $1K (revenue -5.4% year-over-year).
- 2012: Revenue of $221K, expenses of $200K, and assets of $43K (revenue -27.4% year-over-year).
- 2011: Revenue of $304K, expenses of $244K, and assets of $24K (revenue +13.6% year-over-year).
- 2010: Revenue of $268K, expenses of $254K, and assets of $8K (revenue -42.1% year-over-year).
- 2009: Revenue of $462K, expenses of $404K, and assets of $49K (revenue +28.9% year-over-year).
- 2008: Revenue of $359K, expenses of $352K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pathway Christian Ministries Inc:
Data Sources and Methodology
This transparency report for Pathway Christian Ministries 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.