Pathways In Education

Pathways In Education shows volatile financial history with recent positive net income and no reported officer compensation.

EIN: 20541020 · Pasadena, CA · NTEE: B80 · Updated: 2026-03-28

$11.9MRevenue
$7.8MAssets
75/100Mission Score (Good)
B80
Pathways In Education Financial Summary
MetricValue
Total Revenue$11.9M
Total Expenses$3.1M
Program Spending80%
Net Assets$9.2M
Transparency Score75/100

Is Pathways In Education Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Pathways In Education directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Pathways In Education

Pathways In Education (EIN: 20541020) is a nonprofit organization based in Pasadena, CA, classified under NTEE code B80. The organization reported total revenue of $11.9M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pathways In Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
LargeSize Classification
9Years of Filings
MixedRevenue Trajectory

Pathways In Education is a large nonprofit that has been operating for 23 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.0%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$3.7M
Total Expenses$3.1M
Surplus / Deficit+$516K
Total Assets$10.0M
Total Liabilities$760K
Net Assets$9.2M
Operating Margin14.1%
Debt-to-Asset Ratio7.6%
Months of Reserves38.1 months

Financial Health Grade: A

In 2022, Pathways In Education reported a surplus of $516K with revenue exceeding expenses, holds 38.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.6% (very low leverage).

Financial Trends

Over 9 years of filings (2011–2022), Pathways In Education's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.

YearRevenue ChangeExpense ChangeAsset Change
2022+162.8%+234.4%+11.1%
2021-82.8%-86.9%+5.2%
2020-0.7%+11.0%+9.5%
2019+122.4%+197.1%+131.3%
2015+307.3%-8.5%+78.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Pathways In Education demonstrates a fluctuating financial history with significant swings in revenue and expenses over the past decade. While the organization reported a substantial latest revenue of $11,892,299, its financial performance has not been consistently stable, as evidenced by periods like 201306 where expenses ($9,042,937) far exceeded revenue ($2,195,997), and 201406 where expenses ($2,381,681) also outstripped revenue ($902,219). However, more recent filings show positive net income, such as in 202206 where revenue ($3,657,762) exceeded expenses ($3,141,935) and 202106 where revenue ($1,392,060) exceeded expenses ($939,607). The organization's assets have also seen considerable variation, peaking at over $10 million in 201112 and 201206, then dropping to $1.8 million in 201406, before recovering to $9.9 million in 202206. The latest reported assets are $7,828,845. A notable strength in transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive pay is not a drain on charitable resources. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. Given the available data, Pathways In Education appears to be in a period of financial recovery and growth, with recent years showing positive net income. The lack of reported officer compensation is a positive indicator for donor trust. However, the historical volatility in revenue and expenses suggests a need for careful financial management to ensure long-term stability and consistent program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pathways In Education with a Mission Score of 75 out of 100 (Good). 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: 80%
  • fundraising: 10%

According to IRS 990 filings, Pathways In Education allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$3.7MTotal Revenue
$3.1MTotal Expenses
$10.0MTotal Assets
$760KTotal Liabilities
$9.2MNet Assets
  • The organization reported a surplus of $516K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 7.6%.

Executive Compensation Analysis

Pathways In Education consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is a strong positive for donor confidence and resource allocation.

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 Pathways In Education's IRS 990 filings:

  • Significant historical volatility in revenue and expenses, with periods of substantial deficits (e.g., 201306 expenses $9,042,937 vs. revenue $2,195,997).
  • Large fluctuations in asset base over the years, indicating potential instability or significant operational changes.

Strengths

The following positive indicators were identified for Pathways In Education:

  • Consistent reporting of 0% officer compensation across all available filings, demonstrating a commitment to directing funds away from executive salaries.
  • Recent filings (202106, 202206) show positive net income, indicating improved financial performance in the short term.
  • Substantial latest revenue of $11,892,299 suggests significant operational capacity and donor support.

Frequently Asked Questions about Pathways In Education

Is Pathways In Education a legitimate charity?

Pathways In Education (EIN: 20541020) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $11.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Pathways In Education spend its money?

Pathways In Education directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Pathways In Education tax-deductible?

Pathways In Education is registered as a tax-exempt nonprofit (EIN: 20541020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Pathways In Education's spending goes to programs?

Pathways In Education directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Pathways In Education compare to similar nonprofits?

With a transparency score of 75/100 (Good), Pathways In Education is above average for NTEE category B80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Pathways In Education located?

Pathways In Education is headquartered in Pasadena, California and files with the IRS under EIN 20541020. It is classified under NTEE code B80.

How many years of IRS 990 filings does Pathways In Education have?

Pathways In Education has 9 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 $11.9M in total revenue.

Is Pathways In Education financially stable?

While recent filings (202106, 202206) show positive net income, the organization has a history of significant revenue and expense fluctuations, including periods where expenses far exceeded revenue (e.g., 201306, 201406). This suggests a need for continued monitoring of financial stability.

How does Pathways In Education manage executive compensation?

All available IRS 990 filings for Pathways In Education report 0% officer compensation, indicating that no salaries or benefits are paid to officers. This is a highly positive aspect regarding the use of funds.

What is the trend in Pathways In Education's assets?

The organization's assets have fluctuated significantly, from a high of over $10 million in 201112 and 201206, a low of $1.8 million in 201406, and a recovery to $9.9 million in 202206, with the latest reported assets at $7,828,845. This indicates a dynamic asset management history.

Filing History

IRS 990 filing history for Pathways In Education showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Pathways In Education's revenue has grown by 38.5%, moving from $2.6M to $3.7M. Total assets decreased by 1.4% over the same period, from $10.1M to $10.0M. Total functional expenses rose by 28%, from $2.5M to $3.1M. In its most recent filing year (2022), Pathways In Education reported a surplus of $516K, with revenue exceeding expenses. The organization holds $760K in liabilities against $10.0M in assets (debt-to-asset ratio: 7.6%), resulting in net assets of $9.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $3.7M $3.1M $10.0M $760K View 990
2021 $1.4M $940K $9.0M $277K
2020 $8.1M $7.2M $8.5M $306K
2019 $8.2M $6.5M $7.8M $450K View 990
2015 $3.7M $2.2M $3.4M $422K View 990
2014 $902K $2.4M $1.9M $374K View 990
2013 $2.2M $9.0M $5.8M $2.8M View 990
2012 $515K $442K $10.0M $28K View 990
2011 $2.6M $2.5M $10.1M $262K View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $3.7M, expenses of $3.1M, and assets of $10.0M (revenue +162.8% year-over-year).
  • 2021: Revenue of $1.4M, expenses of $940K, and assets of $9.0M (revenue -82.8% year-over-year).
  • 2020: Revenue of $8.1M, expenses of $7.2M, and assets of $8.5M (revenue -0.7% year-over-year).
  • 2019: Revenue of $8.2M, expenses of $6.5M, and assets of $7.8M (revenue +122.4% year-over-year).
  • 2015: Revenue of $3.7M, expenses of $2.2M, and assets of $3.4M (revenue +307.3% year-over-year).
  • 2014: Revenue of $902K, expenses of $2.4M, and assets of $1.9M (revenue -58.9% year-over-year).
  • 2013: Revenue of $2.2M, expenses of $9.0M, and assets of $5.8M (revenue +326.4% year-over-year).
  • 2012: Revenue of $515K, expenses of $442K, and assets of $10.0M (revenue -80.5% year-over-year).
  • 2011: Revenue of $2.6M, expenses of $2.5M, and assets of $10.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Pathways In Education:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Pathways In Education 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.

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