Pathways Hospice Foundation

Nonprofit profile at a glance

EIN
770280660
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Sunnyvale, CA, USA
Phone
4087734462
Rating confidence
Limited
Sector
Single Organization Support

Official website

Reported finances

Revenue
$2,610,996
Expenses
$2,077,924
Assets
$2,615,672
Liabilities
$82,478

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

12 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Pathways hospice foundation is the philanthropic branch of the pathways family of services. The foundation gives patients, families, community members and philanthropic partners the opportunity to financially support pathways' highly compassionate, state-of-the-art, episodic, chronic and end of life care. Gifts serve to: provide a safety net for underserved, underinsured, medically fragile patients of all ages, make uninsured programs not only possible, but robust, give pathways added financial capacity to enrich programs.

What it reported doing in 2010

Pathways hospice foundation raises, manages and distributes funds for home health and hospice services. The foundation generates revenue through programs such as direct mail, events, and annual and major gift programs, memorials and planned giving. Funds are granted to: insure hospice services are available to all who need them; support people's wish to live their remaining days at home in the most familiar and comfortable environment, surrounded by loved ones; enhance quality of life for the patient's and family's remaining time together; create opportunities for initmacy and understanding that can occur with terminal illness; help families meet the challanges and opportunities they face in caring for and losing a loved one. Granted funds support: un-and-underinsured patients; volunteer services to patients; 24 hour, seven day a week on-call nursing services to patients and families; bereavement support to patients and families; special services to children with life threatening conditions; comfort care and modalities that reduce pain and anxiety; care-orientated technology; hospice services to AIDS patients and families in africa.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 68
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 70th percentile among comparable filings
  • 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 20.4%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 1.26; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 9.8%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 27% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 28.1% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $204K · 12 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 2 filing years from 2009 to 2010
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.