Pathways Inc
Pathways Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 161089007 · Corning, NY · NTEE: P73Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $42.0M |
| Total Expenses | $37.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $37 |
| Net Assets | $27.4M |
| Transparency Score | 88/100 |
Is Pathways Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pathways Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pathways Inc
Pathways Inc (EIN: 161089007) is a nonprofit organization based in Corning, NY, classified under NTEE code P73Z. The organization reported total revenue of $42.0M and total assets of $36.8M 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 large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37.5M |
| Total Expenses | $37.0M |
| Surplus / Deficit | +$447K |
| Total Assets | $34.3M |
| Total Liabilities | $6.9M |
| Net Assets | $27.4M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 20.0% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2023, Pathways Inc reported a surplus of $447K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 20.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pathways Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | +3.4% | +4.0% |
| 2022 | +7.6% | +12.2% | +1.5% |
| 2021 | +1.5% | -3.3% | +7.5% |
| 2020 | -0.7% | +1.7% | +4.6% |
| 2019 | +6.9% | +6.9% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Pathways Inc with a Mission Score of 88 out of 100 (Excellent). 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, Pathways 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $447K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.0%.
Executive Compensation Analysis
Pathways Inc has consistently reported 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size with over $37 million in annual revenue. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, requiring deeper scrutiny for full transparency.
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:
- Unusually low or zero reported officer compensation for an organization of this size, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Pathways Inc:
- Consistent revenue growth, increasing from $27.79M in 2014 to $37.47M in 2023.
- Steady asset accumulation, growing from $22.83M in 2014 to $34.28M in 2023, indicating strong financial health.
- Consistent operational surpluses, demonstrating effective financial management.
- Low liabilities relative to assets, with liabilities at $6.86M against assets of $34.28M in 2023, suggesting good financial leverage.
Frequently Asked Questions about Pathways Inc
Is Pathways Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pathways Inc (EIN: 161089007) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Pathways Inc spend its money?
Pathways Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pathways Inc tax-deductible?
Pathways Inc is registered as a tax-exempt nonprofit (EIN: 161089007). 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 $37 annually. The organization reported $42.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pathways Inc's spending goes to programs?
Pathways Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pathways Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Pathways Inc is above average for NTEE category P73Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pathways Inc located?
Pathways Inc is headquartered in Corning, New York and files with the IRS under EIN 161089007. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Pathways Inc have?
Pathways Inc has 13 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 $42.0M in total revenue.
How does Pathways Inc manage to report 0% officer compensation with over $37 million in revenue?
The IRS 990 filings consistently show 0% officer compensation. This could mean executive leadership is entirely volunteer-based, or their compensation is reported under different expense categories, which would require reviewing the full 990 for detailed functional expenses.
What is the primary driver of Pathways Inc's consistent asset growth?
Pathways Inc consistently operates with a surplus, where revenue exceeds expenses. For example, in 2023, revenue was $37,467,111 and expenses were $37,020,349, contributing to an increase in assets from $32,950,689 in 2022 to $34,275,779 in 2023.
Is Pathways Inc financially stable?
Yes, Pathways Inc appears financially stable. It has shown consistent revenue growth from $27.79 million in 2014 to $37.47 million in 2023, and its assets have grown from $22.83 million to $34.28 million over the same period, indicating strong financial health and capacity.
Filing History
IRS 990 filing history for Pathways Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pathways Inc's revenue has grown by 41.1%, moving from $26.6M to $37.5M. Total assets increased by 74.8% over the same period, from $19.6M to $34.3M. Total functional expenses rose by 45.8%, from $25.4M to $37.0M. In its most recent filing year (2023), Pathways Inc reported a surplus of $447K, with revenue exceeding expenses. The organization holds $6.9M in liabilities against $34.3M in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $27.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37.5M | $37.0M | $34.3M | $6.9M | — | View 990 |
| 2022 | $37.0M | $35.8M | $33.0M | $7.3M | — | View 990 |
| 2021 | $34.4M | $31.9M | $32.5M | $5.9M | — | View 990 |
| 2020 | $33.9M | $33.0M | $30.2M | $5.9M | — | View 990 |
| 2019 | $34.1M | $32.4M | $28.9M | $6.0M | — | View 990 |
| 2018 | $31.9M | $30.3M | $26.4M | $6.2M | — | View 990 |
| 2017 | $31.1M | $29.7M | $25.4M | $6.0M | — | View 990 |
| 2016 | $30.7M | $29.3M | $23.5M | $5.8M | — | View 990 |
| 2015 | $28.6M | $27.7M | $22.1M | $5.9M | — | View 990 |
| 2014 | $27.8M | $26.9M | $22.8M | $7.2M | — | View 990 |
| 2013 | $26.9M | $26.2M | $21.8M | $7.2M | — | View 990 |
| 2012 | $26.3M | $25.4M | $20.3M | $6.8M | — | View 990 |
| 2011 | $26.6M | $25.4M | $19.6M | $7.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37.5M, expenses of $37.0M, and assets of $34.3M (revenue +1.2% year-over-year).
- 2022: Revenue of $37.0M, expenses of $35.8M, and assets of $33.0M (revenue +7.6% year-over-year).
- 2021: Revenue of $34.4M, expenses of $31.9M, and assets of $32.5M (revenue +1.5% year-over-year).
- 2020: Revenue of $33.9M, expenses of $33.0M, and assets of $30.2M (revenue -0.7% year-over-year).
- 2019: Revenue of $34.1M, expenses of $32.4M, and assets of $28.9M (revenue +6.9% year-over-year).
- 2018: Revenue of $31.9M, expenses of $30.3M, and assets of $26.4M (revenue +2.6% year-over-year).
- 2017: Revenue of $31.1M, expenses of $29.7M, and assets of $25.4M (revenue +1.3% year-over-year).
- 2016: Revenue of $30.7M, expenses of $29.3M, and assets of $23.5M (revenue +7.2% year-over-year).
- 2015: Revenue of $28.6M, expenses of $27.7M, and assets of $22.1M (revenue +3.0% year-over-year).
- 2014: Revenue of $27.8M, expenses of $26.9M, and assets of $22.8M (revenue +3.4% year-over-year).
- 2013: Revenue of $26.9M, expenses of $26.2M, and assets of $21.8M (revenue +2.1% year-over-year).
- 2012: Revenue of $26.3M, expenses of $25.4M, and assets of $20.3M (revenue -0.9% year-over-year).
- 2011: Revenue of $26.6M, expenses of $25.4M, and assets of $19.6M.
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.