Pathways for Childreninc
Nonprofit profile at a glance
- EIN
- 042694002
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Gloucester, MA, USA
- Phone
- 9782812400
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $11,096,765
- Expenses
- $10,888,711
- Assets
- $9,175,278
- Liabilities
- $1,431,111
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- ERIC MITCHELL (PRESIDENT & CEO)
Highest reported compensation
- ERIC MITCHELL (PRESIDENT & CEO): $146,167 total reported compensation
- LAURA O'NEILL (DIR OF INSTITUTIONAL ADVANCEMENT): $143,504 total reported compensation
- LAURA KOUMARIANOS (CONTROLLER): $92,463 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Pathways for children nurtures children and supports families impacted by economic and social inequity through programs that educate, enrich, empower and motivate.
What it reported doing in 2024
Pathways for children has dept of early education and care contracts to provide childcare for income eligible families and families involved with the dept of children and families. In fy25, pathways provided up to 10 hours a day of childcare year round for 36 preschoolers, 84 school age children and 16 toddlers. Enrollment increased 8% from fy24 to fy25. Eligible families have parents working, engaged in job search, enrolled in a degree program or working with dcf on parent goals. The comprehensive educational programs include recreational and enrichment activities including field trips for school age children, referrals for special services and family support. Combined with head start, these programs provide a continuum of care for children from age one to age 11 in our gloucester center.
Operating model
- Revenue model
- Grant-funded. 80% of the money available for current operations came from government grants.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.1%; rating input score 80
- Program expense ratio: 81.4%; rating input score 81
- Fundraising efficiency: $22.44 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- 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; 66th 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: 1.9%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 21st percentile among comparable filings
Details
- Where the money goes: 80.1% of revenue deployed · 81.4% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $8.9M in reported program spending
- Leadership: top reported pay $146K · 18 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Moderate — Sustainability: Operating margin scored 42/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.