PathForward Inc

Nonprofit profile at a glance

EIN
541615993
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Arlington, VA, USA
Phone
7032287803
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$7,177,977
Expenses
$7,497,031
Assets
$4,764,380
Liabilities
$1,803,608

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Elizabeth B Frantz (President & CEO)

Highest reported compensation

  • Elizabeth B Frantz (President & CEO): $304,432 total reported compensation
  • Leonard Chari (VP of Operations): $175,202 total reported compensation
  • Kasia Shaw (VP, Medical Services): $171,072 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

PathForward's mission is to foster stability and dignity through transformative services and housing solutions. Our vision is an inclusive and equitable community where all neighbors live stable, secure and independent lives free from the threat of homelessness.

What it reported doing in 2024

PathForward is committed to advancing healthcare equity for adults experiencing homelessness and housing instability. The Mobile Medical Program (MMP) delivers low-barrier, trauma-informed medical and behavioral health care directly to individuals living unsheltered, in emergency shelter, and in Permanent Supportive Housing. The Mobile Medical "Dream Team" model is interdisciplinary and includes a nurse practitioner or registered nurse, a licensed clinical social worker, and a case manager. The team provides wound care, chronic disease monitoring (including blood pressure and glucose checks), medication management and prescription coordination, behavioral health assessment and therapy, crisis intervention, overdose prevention education (including NARCAN administration and training), and field-based clinical interventions. Services are delivered through street outreach, shelter-based clinics, and in-home visits for medically fragile residents. The program prioritizes older adults and individuals with complex medical and behavioral health conditions who are uninsured, underinsured, or unable to access traditional appointment-based healthcare systems. Nearly 40% of shelter residents are age 55 or older, many experiencing accelerated aging due to untreated chronic illness. By integrating healthcare and housing-focused services, the MMP reduces preventable hospitalizations, decreases reliance on emergency services, and strengthens housing retention among medically vulnerable individuals. In FY27, PathForward plans to expand the MMP by adding a second Mobile Medical Dream Team, increasing outreach capacity, shelter-based clinical visits, and in-home follow-up for residents in supportive housing. This expansion will significantly increase annual outreach touchpoints, clinical encounters, and behavioral health services while supporting housing retention rates of 90% or higher among supportive housing participants.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.4%; rating input score 86
  • Program expense ratio: 82.3%; rating input score 82
  • Fundraising efficiency: $6.71 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.4%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 13.8%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 7.3% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 9.3% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 14.5% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 86.4% of revenue deployed · 82.3% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 6 filed program accomplishments · $6.2M in reported program spending
  • Leadership: top reported pay $304K · 20 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $324K reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.