Pathways Adult Education & Training Inc
- Assets
- $232.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 50
- Location
- Lynn, MA
- Founding
- 03/1980
- Data as of
- 08/2023
- EIN
- 04-2679573
Organization Overview
Pathways Adult Education & Training Inc is located in Lynn, MA. The organization was established in 1980. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 08/2023, Pathways Adult Education & Training Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pathways Adult Education & Training Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Pathways Adult Education & Training Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.2m during the year ending 08/2023. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SUPPORTIVE EDUCATIONAL ENVIRONMENT FOR ADULT LEARNERS FROM THE GREATER LYNN AREA, PROVIDE OPPORTUNITIES FOR NON-NATIVE ENGLISH SPEAKERS TO LEARN ENGLISH AND IMPROVE THEIR ENGLISH LANGUAGE ARTS AND MATH SKILL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATHWAYS HAS SERVED OVER 15,000 STUDENTS OVER 3,000 HAVE ATTAINED A HIGH SCHOOL EQUIVALENCY DEGREE THROUGH STUDYING AT OUR CENTER. WHAT BEGAN AS A FEW STUDENTS MEETING IN ONE CLASSROOM WITH A TUTOR HAS GROWN AND EXPANDED TO A VIBRANT LEARNING COMMUNITY WITH 400 STUDENTS, 21 STAFF, AROUND 50 VOLUNTEERS, AND AN ACTIVE BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Shephard Executive Director | Trustee | 40 | $63,692 |
Joseph Phillips President | OfficerTrustee | 40 | $0 |
Bawa Wavezwa Treasurer | OfficerTrustee | 2 | $0 |
Gina Frey Secretary | OfficerTrustee | 2 | $0 |
Marjie Crosby Vice President | OfficerTrustee | 2 | $0 |
Thelma Riley Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $938,559 |
| All other contributions, gifts, grants, and similar amounts not included above | $159,721 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,098,280 |
| Total Program Service Revenue | $15,466 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,113,746 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,692 |
| Compensation of current officers, directors, key employees. | $18,871 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $739,469 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,248 |
| Payroll taxes | $91,379 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,989 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,124 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,203 |
| Insurance | $3,715 |
| All other expenses | $66,811 |
| Total functional expenses | $1,240,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,835 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $42,375 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $30,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $113,190 |
| Total assets | $232,335 |
| Accounts payable and accrued expenses | $150,409 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,619 |
| Total liabilities | $155,028 |
| Net assets without donor restrictions | $77,307 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $232,335 |