Pathways Inc
Pathways Inc. reports $0 revenue and assets in its latest filing, indicating inactivity after years of operational deficits.
EIN: 10331728 · Auburn, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.9M |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $315K |
| Transparency Score | 20/100 |
Is Pathways Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pathways Inc
Pathways Inc (EIN: 10331728) is a nonprofit organization based in Auburn, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pathways Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pathways Inc is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-104,607 |
| Total Assets | $714K |
| Total Liabilities | $399K |
| Net Assets | $315K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 55.9% |
| Months of Reserves | 4.6 months |
Financial Health Grade: C
In 2015, Pathways Inc reported a deficit of $105K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 55.9% (high leverage).
Financial Trends
Over 4 years of filings (2012–2015), Pathways Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +3.5% | +4.3% | -7.0% |
| 2014 | -8.6% | -1.1% | -14.6% |
| 2013 | -7.9% | -10.8% | +117.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pathways Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Pathways Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $105K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.9%.
Executive Compensation Analysis
Executive compensation was reported as 0% of expenses across all available filings, indicating that no officers received compensation, which is unusual for an organization of its historical size (revenues consistently over $1.6 million).
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 Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating inactivity.
- Consistent operational deficits in 3 out of 4 reported periods (e.g., $1,854,251 expenses vs. $1,749,644 revenue in 2015).
- Unusually low (0%) officer compensation for an organization with over $1.6 million in annual revenue, which could indicate reliance on unpaid leadership or other compensation structures not captured as 'officer comp'.
Strengths
The following positive indicators were identified for Pathways Inc:
- Historically reported 0% officer compensation, suggesting resources were not directed to executive salaries.
Frequently Asked Questions about Pathways Inc
Is Pathways Inc a legitimate charity?
Pathways Inc (EIN: 10331728) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 20/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Pathways Inc spend its money?
Pathways Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pathways Inc tax-deductible?
Pathways Inc is registered as a tax-exempt nonprofit (EIN: 10331728). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pathways Inc CEO make?
Pathways Inc's highest-compensated officer earns $1.6 annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Pathways Inc located?
Pathways Inc is headquartered in Auburn, Maine and files with the IRS under EIN 10331728.
How many years of IRS 990 filings does Pathways Inc have?
Pathways Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Pathways Inc. currently operating?
Based on the latest filing showing $0 in revenue and assets, Pathways Inc. appears to be inactive or defunct.
Did Pathways Inc. manage its finances effectively when it was active?
Historically, Pathways Inc. frequently operated at a deficit, with expenses exceeding revenue in 2015, 2014, and 2012, suggesting challenges in financial management and sustainability.
What was the trend in Pathways Inc.'s assets and liabilities?
Assets fluctuated, peaking at $899,219 in 2013 and declining to $714,084 in 2015. Liabilities also varied, reaching $399,395 in 2015, indicating a fluctuating but generally positive net asset position during its active years, despite operational losses.
Filing History
IRS 990 filing history for Pathways Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Pathways Inc's revenue has declined by 12.9%, moving from $2.0M to $1.7M. Total assets increased by 73% over the same period, from $413K to $714K. Total functional expenses fell by 8%, from $2.0M to $1.9M. In its most recent filing year (2015), Pathways Inc reported a deficit of $105K, with expenses exceeding revenue. The organization holds $399K in liabilities against $714K in assets (debt-to-asset ratio: 55.9%), resulting in net assets of $315K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $1.7M | $1.9M | $714K | $399K | — | View 990 |
| 2014 | $1.7M | $1.8M | $768K | $311K | — | View 990 |
| 2013 | $1.8M | $1.8M | $899K | $354K | — | View 990 |
| 2012 | $2.0M | $2.0M | $413K | $272K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1.7M, expenses of $1.9M, and assets of $714K (revenue +3.5% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $768K (revenue -8.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $899K (revenue -7.9% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.0M, and assets of $413K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pathways Inc:
Data Sources and Methodology
This transparency report for 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.