Pathways Properties Inc
EIN: 611112077 · Ashland, KY · NTEE: P73Z
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Net Assets | $720K |
Is Pathways Properties Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pathways Properties Inc
Pathways Properties Inc (EIN: 611112077) is a nonprofit organization based in Ashland, KY, classified under NTEE code P73Z. The organization reported total revenue of $60K and total assets of $786K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pathways Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pathways Properties Inc is a micro nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $0 |
| Surplus / Deficit | +$40K |
| Total Assets | $727K |
| Total Liabilities | $7K |
| Net Assets | $720K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 1.0% |
Financial Health Grade: A
In 2023, Pathways Properties Inc reported a surplus of $40K with revenue exceeding expenses, has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Pathways Properties Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.4% | -100.0% | +5.8% |
| 2022 | -7.9% | — | +4.7% |
| 2021 | -9.7% | — | +5.8% |
| 2020 | -55.1% | -100.0% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pathways Properties Inc 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 Pathways Properties Inc 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:
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Pathways Properties Inc
Is Pathways Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pathways Properties Inc (EIN: 611112077) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pathways Properties Inc spend its money?
Detailed spending breakdown data is not yet available for Pathways Properties Inc. Check back for updated IRS 990 analysis.
Are donations to Pathways Properties Inc tax-deductible?
Pathways Properties Inc is registered as a tax-exempt nonprofit (EIN: 611112077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pathways Properties Inc located?
Pathways Properties Inc is headquartered in Ashland, Kentucky and files with the IRS under EIN 611112077. It is classified under NTEE code P73Z.
How many years of IRS 990 filings does Pathways Properties Inc have?
Pathways Properties Inc 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 $60K in total revenue.
Filing History
IRS 990 filing history for Pathways Properties Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pathways Properties Inc's revenue has declined by 86.4%, moving from $295K to $40K. Total assets decreased by 0.1% over the same period, from $728K to $727K. Total functional expenses fell by 100%, from $285K to $0. The organization holds $7K in liabilities against $727K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $720K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $0 | $727K | $7K | — | View 990 |
| 2022 | $33K | $2K | $687K | $7K | — | — |
| 2021 | $36K | $0 | $656K | $7K | — | — |
| 2020 | $40K | $0 | $621K | $7K | — | View 990 |
| 2019 | $88K | $116 | $581K | $7K | — | View 990 |
| 2018 | $0 | $0 | $493K | $8K | — | View 990 |
| 2017 | $586K | $100K | $493K | $8K | — | View 990 |
| 2016 | $300K | $261K | $686K | $687K | — | View 990 |
| 2015 | $289K | $259K | $667K | $706K | — | View 990 |
| 2014 | $300K | $260K | $677K | $726K | — | View 990 |
| 2013 | $305K | $296K | $665K | $754K | — | View 990 |
| 2012 | $295K | $285K | $728K | $771K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $0, and assets of $727K (revenue +21.4% year-over-year).
- 2022: Revenue of $33K, expenses of $2K, and assets of $687K (revenue -7.9% year-over-year).
- 2021: Revenue of $36K, expenses of $0, and assets of $656K (revenue -9.7% year-over-year).
- 2020: Revenue of $40K, expenses of $0, and assets of $621K (revenue -55.1% year-over-year).
- 2019: Revenue of $88K, expenses of $116, and assets of $581K.
- 2018: Revenue of $0, expenses of $0, and assets of $493K (revenue -100.0% year-over-year).
- 2017: Revenue of $586K, expenses of $100K, and assets of $493K (revenue +95.7% year-over-year).
- 2016: Revenue of $300K, expenses of $261K, and assets of $686K (revenue +3.7% year-over-year).
- 2015: Revenue of $289K, expenses of $259K, and assets of $667K (revenue -3.8% year-over-year).
- 2014: Revenue of $300K, expenses of $260K, and assets of $677K (revenue -1.6% year-over-year).
- 2013: Revenue of $305K, expenses of $296K, and assets of $665K (revenue +3.5% year-over-year).
- 2012: Revenue of $295K, expenses of $285K, and assets of $728K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pathways Properties Inc:
Data Sources and Methodology
This transparency report for Pathways Properties 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.