Pathways Adult Education & Training Inc is a 501(c)(3) organization based in Lynn, Massachusetts, registered in 1980, with $1,730,365 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.7M
▼ 21.9% vs prior year
Expenses (FY2024)
$1.5M
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Pathways Adult Education & Training Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pathways Adult Education & Training Inc: 11 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Pathways Adult Education & Training Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pathways Adult Education & Training Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $805K (FY2015) to $1.7M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
12.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$723K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,730,365▼21.9% | $1,506,632▲31.0% | $1,366,460▲19.6% | $2,089,708▲56.0% | 990 |
| 2023 | $2,215,841▲99.0% | $1,150,421▼7.3% | $1,142,727▲1378% | $1,339,267▲476% | 990 |
| 2022 | $1,113,746▼9.6% | $1,240,371▲4.0% | $77,307▼62.1% | $232,335▲1.7% | 990 |
| 2021 | $1,232,097▲14.3% | $1,192,624▲13.4% | $203,933▲24.0% | $228,479▲18.2% | 990 |
| 2020 | $1,077,539▼0.4% | $1,051,471▼4.2% | $164,460▲18.8% | $193,217▼6.7% | 990 |
| 2019 | $1,081,902▼1.1% | $1,098,055▲6.3% | $138,392▼10.5% | $207,193▼18.2% | 990 |
| 2018 | $1,093,402▲5.2% | $1,033,170▲17.5% | $154,545▲63.9% | $253,343▲64.1% | 990 |
| 2017 | $1,039,700▲29.1% | $879,644▲0.5% | $94,313▲219% | $154,381▲556% | 990 |
| 2015 | $805,376 | $875,209▲10.6% | -$78,938▼320% | $23,518▼82.9% | 990 |
| 2011 | — | $791,215▼3.1% | $35,833▼4.6% | $137,738▲7.9% | 990 |
| 2010 | — | $816,926▼24.4% | $37,568▼35.6% | $127,686▼4.3% | 990 |
| 2009 | — | $1,081,167 | $58,337 | $133,451 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Pathways Adult Education & Training Inc totaling $1.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,001,050 |
| Boston Foundation Inc | Education | 2023 | $20,000 |
| Tufts Health Public Plans Inc | Prtnership w/ rec deptment | 2020 | $7,500 |
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Data for Pathways Adult Education & Training Inc (EIN 04-2679573) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.