Pathway Excel Foundation
Nonprofit profile at a glance
- EIN
- 844540881
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Frankfort, IL, USA
- Phone
- 7088217094
- Rating confidence
- Limited
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $0
- Expenses
- $10,705
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- JAMES OLIVER (PRESIDENT)
Highest reported compensation
- JAMES OLIVER (PRESIDENT): $2,725 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop educational programs and experiences to improve the quality of life of underserved and disadvantaged audiences.
What it reported doing in 2024
To develop educational programs and experiences
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 81
- Accountability: 5
- Sustainability: 2
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 25.5%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -12% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -22.8% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -14.8% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: 0 of 4 board members independent · 1 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $11K in reported program spending
- Leadership: top reported pay $3K · 1 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Growth: Asset growth scored 0/100.