Civic Intelligence

Pathways for Children Inc.

990 • Fiscal year 2014 • EIN 04-2694002

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 10, 2015

29 Emerson AvenueGloucester, MA 01930

(978) 281-2400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.25x

Higher debt load relative to assets than 56% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.24x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

40th percentile

0.4%

Higher net margin than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

45th percentile

$108,056

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

47th percentile

1.9%

Faster asset growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

32nd percentile

-1.5%

Faster revenue growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$7,235,758

Up $136,729 (+1.9%) from 2013

Net Assets

Up

$5,396,845

Up $51,550 (+1.0%) from 2013

Liabilities

Up

$1,838,913

Up $85,179 (+4.9%) from 2013

Revenue

Down

$7,693,589

Down $113,807 (-1.5%) from 2013

Expenses

Up

$7,664,095

Up $22,652 (+0.3%) from 2013

Net Income

Down

$29,494

Down $136,459 (-82%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $5,820,994Liabilities 2011: $457,456Net Assets 2011: $5,363,5382011Assets 2012: $5,580,847Liabilities 2012: $412,914Net Assets 2012: $5,167,9332012Assets 2013: $7,099,029Liabilities 2013: $1,753,734Net Assets 2013: $5,345,2952013Assets 2014: $7,235,758Liabilities 2014: $1,838,913Net Assets 2014: $5,396,8452014Assets 2015: $7,113,845Liabilities 2015: $1,805,450Net Assets 2015: $5,308,3952015Assets 2016: $6,552,648Liabilities 2016: $1,637,349Net Assets 2016: $4,915,2992016Assets 2017: $6,726,013Liabilities 2017: $1,609,902Net Assets 2017: $5,116,1112017Assets 2018: $6,902,152Liabilities 2018: $1,531,102Net Assets 2018: $5,371,0502018Assets 2019: $6,555,429Liabilities 2019: $1,310,196Net Assets 2019: $5,245,2332019Assets 2020: $6,774,416Liabilities 2020: $1,446,098Net Assets 2020: $5,328,3182020Assets 2021: $6,885,269Liabilities 2021: $1,349,720Net Assets 2021: $5,535,5492021Assets 2022: $7,974,562Liabilities 2022: $953,158Net Assets 2022: $7,021,4042022Assets 2023: $8,739,727Liabilities 2023: $1,409,238Net Assets 2023: $7,330,4892023Assets 2024: $8,778,571Liabilities 2024: $1,287,411Net Assets 2024: $7,491,1602024Assets 2025: $9,175,278Liabilities 2025: $1,431,111Net Assets 2025: $7,744,1672025

Highlighted filing

2014

Assets$7,235,758
Liabilities$1,838,913
Net Assets$5,396,845

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,259,3502011Expenses 2012: $5,344,0482012Revenue 2013: $7,807,396Expenses 2013: $7,641,443Net Income 2013: $165,9532013Revenue 2014: $7,693,589Expenses 2014: $7,664,095Net Income 2014: $29,4942014Revenue 2015: $8,090,206Expenses 2015: $8,371,938Net Income 2015: -$281,7322015Revenue 2016: $8,184,188Expenses 2016: $8,577,308Net Income 2016: -$393,1202016Revenue 2017: $8,319,542Expenses 2017: $8,138,425Net Income 2017: $181,1172017Revenue 2018: $8,669,502Expenses 2018: $8,425,075Net Income 2018: $244,4272018Revenue 2019: $8,150,485Expenses 2019: $8,287,953Net Income 2019: -$137,4682019Revenue 2020: $7,961,843Expenses 2020: $7,885,625Net Income 2020: $76,2182020Revenue 2021: $7,805,849Expenses 2021: $7,655,765Net Income 2021: $150,0842021Revenue 2022: $9,440,067Expenses 2022: $7,916,091Net Income 2022: $1,523,9762022Revenue 2023: $9,863,899Expenses 2023: $9,587,564Net Income 2023: $276,3352023Revenue 2024: $10,502,091Expenses 2024: $10,388,721Net Income 2024: $113,3702024Revenue 2025: $11,096,765Expenses 2025: $10,888,711Net Income 2025: $208,0542025

Highlighted filing

2014

Revenue$7,693,589
Expenses$7,664,095
Net Income$29,494
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 10, 2015
Return Version
2013v4.0
Gross Receipts
$7,708,955
Mission and Program Overview

Mission

Pathways for children nurtures children and supports families impacted by economic and social inequity through programs that educate, enrich, empower and motivate.

The mission of pathways for children is to serve the best interests of infant through adolescent children and their families - whether disadvantaged by circumstance or in search of opportunity - by delivering the empowering gift of quality educational, social development and support services that strengthen the family unit and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,345,582$5,363,364▲ $17,782
Cash and Non-Interest-Bearing Accounts$504,996$620,676▲ $115,680
Savings and Temporary Cash Investments$479,840$576,278▲ $96,438
Pledges and Grants Receivable$565,064$324,336▼ $240,728
Investments in Publicly Traded Securities$143,964$166,020▲ $22,056
Accounts Receivable$26,342$50,551▲ $24,209
Prepaid Expenses and Deferred Charges$33,241$35,464▲ $2,223
Total Assets$7,099,029$7,235,758▲ $136,729
Other Assets Total$0$99,069▲ $99,069
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,305,907$1,311,256▲ $5,349
Accounts Payable and Accrued Expenses$421,386$527,657▲ $106,271
Deferred Revenue$26,441--
Total Liabilities$1,753,734$1,838,913▲ $85,179
Net Assets / Fund Balance
Unrestricted Net Assets$4,872,803$4,935,416▲ $62,613
Temporarily Rstr Net Assets$472,492$461,429▼ $11,063
Total Net Assets Fund Balance$5,345,295$5,396,845▲ $51,550
Total Liabilities and Net Assets / Fund Balance$7,099,029$7,235,758▲ $136,729

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,816,729$1,444,917$5,261,646
Land$837,162-$837,162
Other Land Buildings$411,003$260,450$671,453
Leasehold Improvements$274,182$185,848$460,030
Equipment$24,288$342,471$366,759

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$143,964-▲ $22,056-$166,020
2012$132,555-▲ $11,409-$143,964
2011$130,072-▲ $2,483-$132,555
2010$24,618$90,971▲ $14,483-$130,072
2009$22,130-▲ $2,488-$24,618
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan ToddPresident and CEOFT$100,828$7,228$108,056
Kathleen MorrisAssistant Treasurer, CFOFT$83,491$13,456$96,947

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Balsam TechnologiesInformation Technology-$108,389
Revenue and Support

Revenue Composition

Contributions and Grants
$7,359,306
Program Service Revenue
$326,742
Investment Income
$1,537
Other Revenue
$6,004
All Other Contributions
$486,113
Change in Net Assets
$29,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,366,375
Other Expenses$2,297,720
Total Fundraising Expense$287,694
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,640,559$262,606$180,124$4,083,289
Other Employee Benefits$533,661$46,333$26,404$606,398
Occupancy$420,612$49,375$2,099$472,086
Payroll Taxes$392,493$49,309$19,419$461,221
Office Expenses$267,895$103,769$27,107$398,771
Depreciation Depletion$195,730$25,478$1,718$222,926
Current Officers, Directors, Trustees, and Key Employees-$215,467-$215,467
Insurance$64,175$37,237-$101,412
Travel$71,326--$71,326
Fees for Services Other$19,500$47,430$4,140$71,070
Other Expenses$57,676$3,611$17,060$57,676
All Other Expenses$39,889$1,369$9,623$50,881
Fees for Services Accounting-$39,575-$39,575
Interest$1,149$21-$1,170
Fees for Services Legal$88$426-$514
Total Functional Expenses$6,494,395$882,006$287,694$7,664,095
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$15,366
Fundraising Gross Income$13,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$156,404$13,500$5,429$8,071
Total Events$156,404$13,500$15,366$-1,866
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed at a meeting of the finance & audit committee prior to filing.

Form 990, Part VI, Section B, Line 12C

Management of pathways for children ensures that conflict of interest policies are completed and reviewed annually to ensure compliance with their policies.

Form 990, Part VI, Section B, Line 15

The executive committee of pathways for children reviews the compensation of the ceo anually.

Form 990, Part VI, Section C, Line 19

Pathways for children's by-laws are filed with and available at the state attorney general's office. Their conflict of interest policy is not made available to the public. Pathways for children makes their financial statements available to the public through their annual report mailings.

Filing and Contact Details

Filer

EIN
04-2694002
Phone
9782812400

Signing Officer

Name
Kathleen Morris
Title
CFO
Phone
9782812400
Signed
2015-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Morris
Formed
1979
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
213
Volunteers
759

Preparer

Preparer
Dana J Marks CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART IV, LINE 1B:

Pathways for children acts as a fiscal agent for a collaborative project (the collaborative) in gloucester, massachusetts. Pathways receives and disburses funds on behalf of the collaborative. Pathways did not expend funds on behalf of the collaborative for the year ended june 30, 2014.

PART X, LINE 2:

Pathways accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidating financial statement regarding a tax position taken or expected to be taken in a tax return. Pathways has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidating financial statements at june 30, 2014. Pathways' information returns are subject to examination by federal and state jurisdictions and generally remain open for the most recent three years.

Raw XML AppendixShowing 400 of 567 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF PATHWAYS FOR CHILDREN IS TO SERVE THE BEST INTERESTS OF INFANT THROUGH ADOLESCENT CHILDREN AND THEIR FAMILIES - WHETHER DISADVANTAGED BY CIRCUMSTANCE OR IN SEARCH OF OPPORTUNITY - BY DELIVERING THE EMPOWERING GIFT OF QUALITY EDUCATIONAL, SOCIAL DEVELOPMENT AND SUPPORT SERVICES THAT STRENGTHEN THE FAMILY UNIT AND THE COMMUNITY.
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IRS990/Desc0PATHWAYS' COMPREHENSIVE HEAD START PROGRAM HAS SERVED APPROXIMATELY 160 CAPE ANN AND 170 NORTH SHORE CHILDREN AND THEIR FAMILIES DURING FISCAL YEAR 2014. OUR PROGRAM'S QUALITY HAS EARNED THE RESPECT OF OUR FUNDERS AS EVIDENCED BY STELLAR TRIENNIAL FEDERAL REVIEWS, AS WELL AS THE COMMUNITIES WE SERVE VALIDATED BY EVER-INCREASING DONOR SUPPORT. PATHWAYS ENJOYS A VITAL PARTNERSHIP WITH OUR LOCAL EDUCATION AGENCIES THAT FACILITATE OUR COMMITMENT TO SCHOOL READINESS AND EFFECTIVE TRANSITIONS. OUR CENTER-BASED PRESCHOOL PROGRAMS ARE ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN IN ADDITION TO CLASSROOMS AND FAMILY CHILD CARE HOMES THAT ARE DESIGNATED AS UNIVERSAL PRE-KINDERGARTEN BY THE DEPARTMENT OF EARLY EDUCATION AND CARE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PATHWAYS' CHILDCARE PROGRAMS BEGIN AT BIRTH AND OFFER FAMILIES THE OPPORTUNITY OF SEAMLESS SERVICES UNTIL THEIR CHILD REACHES ADOLESCENCE. INCLUDING OUR HEAD START PROGRAM, PATHWAYS IS PROUD TO OFFER ENRICHING EDUCATIONAL EXPERIENCES TO OVER 540 CHILDREN EACH DAY. OUR YEAR-ROUND SERVICES PROVIDE ASSURANCE TO WORKING PARENTS, OR THOSE SEEKING ADDITIONAL EDUCATION AND TRAINING, THAT THEIR CHILD IS SAFE, NURTURED AND EXPOSED TO CONTINUOUS LEARNING IN THEIR ABSENCE. ONE OF THE THINGS THAT SETS PATHWAYS APART FROM OTHER EARLY EDUCATION CENTERS IS OUR HOLISTIC APPROACH AND FOCUS ON INVOLVING THE ENTIRE FAMILY - NOT JUST THE CHILD. WE SET OUR STANDARDS HIGH, VALUE OUR DEDICATED PROFESSIONAL STAFF AND INVEST IN EACH CHILD'S SUCCESS. PATHWAYS HAS EARNED A REPUTATION AS BEING CONSISTENTLY AHEAD OF THE FIELD IN REGARDS TO BEST PRACTICE AND CONVENING COLLABORATIONS. IN WORKING TOWARD OUR GOAL THAT ALL CHILDREN ENTER SCHOOL EAGER AND READY TO LEARN AND ACHIEVE LITERACY PROFICIENCY BY THIRD GRADE, WE ARE EMBARKING ON A CLOSER PARTNERSHIP WITH THE GLOUCESTER AND IPSWICH PUBLIC SCHOOLS THAT WILL BE ARTICULATED THROUGH A MEMORANDA OF UNDERSTANDING. THIS INITIATIVE WILL ASSURE THAT OUR MUTUAL APPROACHES ARE ALIGNED TO ACHIEVE THE SAME OUTCOMES FOR CHILDREN AND ENABLE US TO BEGIN THE PROCESS OF TRACKING THOSE OUTCOMES.PATHWAYS ALSO PROVIDES SPECIALIZED SERVICES TO PRIORITY POPULATIONS INCLUDING: CHILDREN WHO HAVE BEEN ABUSED OR NEGLECTED; FAMILIES EXPERIENCING THE CHALLENGE OF ADDICTIONS, FAMILY VIOLENCE, OR POVERTY; ADOLESCENT PARENTS; AND INDIVIDUALS WITH DISABILITIES. THROUGH COLLABORATION WITH LOCAL PUBLIC SCHOOLS, MENTAL HEALTH AGENCIES, AND EARLY INTERVENTION PROGRAMS, AMONG OTHERS, SUPPORTS ARE PROVIDED THAT CAN ENABLE FAMILIES TO OVERCOME BARRIERS THAT HAVE IMPEDED THEIR SUCCESS. OUR STAFF OF LICENSED SOCIAL WORKERS, PROVIDE ON-GOING SUPPORT SERVICES BOTH IN THE CLASSROOM MILIEU AND ELSEWHERE TO AT-RISK FAMILIES. A VARIETY OF SUPPORT GROUPS AND WORKSHOPS ARE OFFERED TO PARENTS, INCLUDING SOME CONDUCTED IN SPANISH AND PORTUGUESE, LANGUAGES THAT REFLECT THOSE SPOKEN ON CAPE ANN.OFFERING A VARIETY OF OPPORTUNITIES FOR PARENTS TO BE ENGAGED IN THEIR CHILD'S LEARNING EXPERIENCE, IS ANOTHER AREA THAT PATHWAYS' STAFF FOCUS ON. COMPREHENSIVE SERVICES COUPLED WITH OUR FOCUS ON THE CHILD AND HIS OR HER FAMILY, ARE HALLMARKS OF PATHWAYS PROGRAMS' AND SETS US APART FROM OTHER ORGANIZATIONS. HOME VISITS BY TEACHERS AND SOCIAL WORKERS HELP FAMILIES SET GOALS FOR THEMSELVES AND THEIR CHILDREN. TRANSPORTATION CAN BE PROVIDED TO AND FROM PROGRAMMING IF NEEDED. TWO NUTRITIOUS MEALS AND A SNACK ARE SERVED EACH DAY WITHOUT ADDITIONAL FEES ENABLING US TO FURTHER PROMOTE OUR EFFORTS TO REDUCE THE INCIDENCE OF CHILDHOOD OBESITY. COLLABORATION WITH THE LOCAL PEDIATRICIANS AND THE DENTAL CLINIC ENSURES THAT CHILDREN'S PHYSICAL AND ORAL HEALTH ARE MAINTAINED. REFERRALS FOR OTHER HEALTH SERVICES AND SUPPORTS SUCH AS HOUSING AND ADULT EDUCATION ARE OFFERED IN LANGUAGES THAT ARE SPOKEN IN THE COMMUNITY. FINALLY, COMMUNITY COLLABORATIONS ENABLE US TO PROVIDE ADDITIONAL ENRICHMENT OPPORTUNITIES FOR OUR CHILDREN AND FAMILIES. ROCKPORT MUSIC PROVIDES ON-SITE CLASSICAL MUSIC PERFORMANCES INTRODUCING OUR CHILDREN TO ORCHESTRAL MUSIC AND INSTRUMENTS. CAPE ANN MUSEUM PROVIDES FIELD TRIPS AND TEACHER TRAINING REGARDING LOCAL ARTS AND HISTORY. THE TRUSTEES OF RESERVATIONS PROVIDES FIELD TRIPS TO LOCAL CONSERVATION AREAS AND THE CRANE ESTATE RECREATIONAL AREA. THE OPEN DOOR FOOD PANTRY PROVIDES A WEEKLY FREE FARMERS MARKET ON SITE, OFFERING FRESH PRODUCE AND EDUCATION REGARDING PREPARATION. AND FUNDING FROM THE LOCAL ARTS COUNCIL SUPPORTS ANNUAL, DIVERSE CULTURAL EVENTS. PATHWAYS FOR CHILDREN IS PROUD OF ITS REPUTATION FOR EXCELLENCE EARNED OVER THE PAST FOUR DECADES AND LOOKS FORWARD TO A CONTINUING TO SERVE AS A VITAL LINK IN CAPE ANN'S NETWORK OF COMMUNITY SERVICES LONG INTO THE FUTURE.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.18$1.43$7.74$11.1$10.9$0.21
2024Detailed filing. Detailed filing data is available for this year.$8.78$1.29$7.49$10.5$10.4$0.11
2023Detailed filing. Detailed filing data is available for this year.$8.74$1.41$7.33$9.86$9.59$0.28
2022Detailed filing. Detailed filing data is available for this year.$7.97$0.95$7.02$9.44$7.92$1.52
2021Detailed filing. Detailed filing data is available for this year.$6.89$1.35$5.54$7.81$7.66$0.15
2020Detailed filing. Detailed filing data is available for this year.$6.77$1.45$5.33$7.96$7.89$0.08
2019Detailed filing. Detailed filing data is available for this year.$6.56$1.31$5.25$8.15$8.29$0.14
2018Detailed filing. Detailed filing data is available for this year.$6.90$1.53$5.37$8.67$8.43$0.24
2017Detailed filing. Detailed filing data is available for this year.$6.73$1.61$5.12$8.32$8.14$0.18
2016Detailed filing. Detailed filing data is available for this year.$6.55$1.64$4.92$8.18$8.58$0.39
2015Detailed filing. Detailed filing data is available for this year.$7.11$1.81$5.31$8.09$8.37$0.28
2014Detailed filing. Detailed filing data is available for this year.$7.24$1.84$5.40$7.69$7.66$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.10$1.75$5.35$7.81$7.64$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$0.41$5.17$5.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$0.46$5.36$5.26
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $5M-$10M nonprofits