Civic Intelligence

Pathways Management Group Inc.

990 • Fiscal year 2016 • EIN 27-3946421

Jul 01, 2015 to Jun 30, 2016 • Filed on May 08, 2017

320 NORTH HALSTEAD ST Suite 210Pasadena, CA 91107

(626) 683-3500

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$22,253,899

Up $195,064 (+0.9%) from 2015

Net Assets

Up

$20,939,883

Up $3,381,829 (+19%) from 2015

Liabilities

Down

$1,314,016

Down $3,186,765 (-71%) from 2015

Revenue And Expenses

Revenue

Up

$14,753,249

Up $3,253,124 (+28%) from 2015

Expenses

Down

$11,371,405

Down $195,187 (-1.7%) from 2015

Net Income

Up

$3,381,844

Up $3,448,311 (+5188%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2015: $22,058,835Liabilities 2015: $4,500,781Net Assets 2015: $17,558,0542015Assets 2016: $22,253,899Liabilities 2016: $1,314,016Net Assets 2016: $20,939,8832016Assets 2017: $25,474,308Liabilities 2017: $1,814,116Net Assets 2017: $23,660,1922017Assets 2018: $28,202,622Liabilities 2018: $2,081,538Net Assets 2018: $26,121,0842018Assets 2019: $31,252,146Liabilities 2019: $5,576,649Net Assets 2019: $25,675,4972019Assets 2021: $27,742,984Liabilities 2021: $2,001,414Net Assets 2021: $25,741,5702021Assets 2022: $25,985,515Liabilities 2022: $1,666,274Net Assets 2022: $24,319,2412022Assets 2024: $28,289,678Liabilities 2024: $1,703,814Net Assets 2024: $26,585,8642024

Highlighted filing

2016

Assets$22,253,899
Liabilities$1,314,016
Net Assets$20,939,883

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2015: $11,500,125Expenses 2015: $11,566,592Net Income 2015: -$66,4672015Revenue 2016: $14,753,249Expenses 2016: $11,371,405Net Income 2016: $3,381,8442016Revenue 2017: $16,285,761Expenses 2017: $13,565,452Net Income 2017: $2,720,3092017Revenue 2018: $14,776,450Expenses 2018: $12,324,015Net Income 2018: $2,452,4352018Revenue 2019: $4,075,962Expenses 2019: $4,520,085Net Income 2019: -$444,1232019Revenue 2021: $4,110,742Expenses 2021: $6,670,449Net Income 2021: -$2,559,7072021Revenue 2022: $4,851,865Expenses 2022: $6,312,079Net Income 2022: -$1,460,2142022Revenue 2024: $6,899,358Expenses 2024: $5,961,184Net Income 2024: $938,1742024

Highlighted filing

2016

Revenue$14,753,249
Expenses$11,371,405
Net Income$3,381,844
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 8, 2017
Return Version
2015v3.0
Gross Receipts
$14,753,249
Mission and Program Overview

Mission

Management of charter schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,550,000$9,250,000▼ $300,000
Accounts Receivable$3,814,302$5,979,514▲ $2,165,212
Cash and Non-Interest-Bearing Accounts$2,928,257$4,985,558▲ $2,057,301
Savings and Temporary Cash Investments$5,059,644$1,508,419▼ $3,551,225
Land, Buildings, and Equipment, Net$616,258$472,299▼ $143,959
Prepaid Expenses and Deferred Charges$67,910$34,612▼ $33,298
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$22,058,835$22,253,899▲ $195,064
Other Assets Total$22,464$23,497▲ $1,033
Liabilities
Accounts Payable and Accrued Expenses$896,223$776,063▼ $120,160
Grants Payable$3,565,000$500,000▼ $3,065,000
Deferred Revenue$39,558$37,953▼ $1,605
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,500,781$1,314,016▼ $3,186,765
Net Assets / Fund Balance
Unrestricted Net Assets$17,558,054$20,939,883▲ $3,381,829
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$17,558,054$20,939,883▲ $3,381,829
Total Liabilities and Net Assets / Fund Balance$22,058,835$22,253,899▲ $195,064

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$351,347$290,921$642,268
Other Land Buildings$120,952$233,714$354,666
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cynthia KhodaverdianDivision ControllerPT$140,192$8,581$148,773
Vrej BoghokianDirector of School ImplementationPT$138,303$8,048$146,351
Jessica G RayAssistant SuperintendentPT$138,000$7,393$145,393
Tommie JoeChief Operating OfficerPT$128,455$2,451$130,906
Molly Kathleen SircherSupv of School ImplementationPT$105,077$7,022$112,099

Board Members and Trustees

NameTitle
John HallPresident
Joan HallVice President
Dr Stuart GotholdBoard Member
Elisia ChoiBoard Member
Mary JensenBoard Member
Jamie DonahueSecretary
John Hall JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,418
Program Service Revenue
$14,689,732
Investment Income
$0
Other Revenue
$99
All Other Contributions
$63,418
Change in Net Assets
$3,381,844

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,753,249
Revenue Not Reported on Form 990
$330,084
Total Revenue per Audited Statements
$15,083,333
Total Revenue per Form 990
$14,753,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,942,624
Other Expenses$4,811,669
Grants and Similar Amounts Paid$617,112
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,774,565$251,293-$5,025,858
Fees for Services Other$2,721,921$143,259-$2,865,180
Grants to Domestic Orgs$617,112--$617,112
Other Employee Benefits$406,880$21,415-$428,295
Occupancy$390,178$20,536-$410,714
Payroll Taxes$384,883$20,257-$405,140
Travel$367,056$19,319-$386,375
Fees for Services Legal$288,197$15,168-$303,365
Office Expenses$252,368$13,283-$265,651
Depreciation Depletion$136,761$7,198$0$143,959
Conferences and Meetings$114,444$6,023-$120,467
Fees for Services Accounting-$87,885-$87,885
Pension Plan Contributions$79,164$4,167-$83,331
Advertising$43,121$2,270-$45,391
Information Technology$33,868$1,783-$35,651
All Other Expenses$7,238$3,136-$10,374
Other Expenses$8,610$0-$8,610
Interest-$1,900-$1,900
Total Functional Expenses$10,746,205$625,200$0$11,371,405

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,701,504
Expenses per Audited Statements$11,371,405
Total Expenses per Form 990$11,371,405
Expenses Not Reported on Form 990$330,099
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pathway in Education IncPasadena, CA501(c)(3)Crew Scholarships$617,112
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lupine Properties LLCSchedule OMaintenance & Property MgmtNo$722,809
Education Managment Services IiiSchedule OEvents Supplies and ServiceNo$450,430
9 Dot Education Solutions LLCSchedule OMaintenance & Property MgmtNo$270,966
Education Dynamics IncSchedule OComputer & Network ServicesNo$264,748
Eagle Eye501(c)(2) AffiliateOccupancyNo$112,321

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Pathways Management Group Inc
EIN
27-3946421
In Care Of
% JOHN HALL
Phone
6266833500
Address
320 NORTH HALSTEAD ST Suite 210, PASADENA, CA 91107

Signing Officer

Name
John Hall
Title
President
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Hall President
Formed
2010
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
105

Preparer

Firm
Maginnis Knechtel & McIntyre LLP
Address
300 W Colorado Blvd, Pasadena, CA 91105
Preparer
Linda E G Ballesteros
Phone
6264493466
Supplemental Narrative

Additional Explanations

Family or Business Relationships

990 part vi, line 2 family and business relationships: john hall, president joan hall, vice president john hall, jr, treasurer jamie donahue, secretary

Documentation of Meetings

990 part vi, line 8b the organization had no committees with authority to act on behalf of the governing body.

Form 990 Review

990 part vi, line 11 the organization's form 990 is prepared by tax professionals and forwarded to management. Management reviews and sends questions and comments back to the tax preparer for discussion and clarification. After any needed revisions are made, the final form 990 is distributed to the directors. Each director then gives written consent approving the tax return prior to filing.

Conflict of Interest Policy Compliance

990 part vi, line 12c the organization distributes a written conflict of interest policy to the board of directors and officers. No director or board of directors shall vote on any matter or transaction concerning or with any individual, entity or matter with such director has, or had, any substantial ownership, employment, fiduciary contractural or creditor relationship. Each director shall disclose in writing all conflicts to the board of directors prior to the discussion by the board of directors and shall draw to the attention of the board of directors such conflict at any subsequent meetings at which wuch matter or transaction is discussed. Following such disclosure, a director shall be entitled to take part in the discussions of the board of directors concerning such matter and shall be considered in determining whether a quorum is present. The question of whether a conflict exists shall, in the absence of certainty, be determined by the vote of a majority of disinterested directors present at the meeting called for the purpose of discussing the transaction nor matter to which the conflict relates.

Compensation Review and Approval

990 part vi, line 15 directors shall not receive compensation for the services, but they may be reimbursed reasonable expenses in connection with their services as directors. Compensation of officers and key employees is reviewed and approved by the board based in part on comparability data.

Public Disclosure

990 part vi, line 19 the organization's governing documents, conflict of interest policy, and recent federal income tax returns are made available for public inspection at the organization's principal office during normal business hours.

Donated Services

990 part xi line 6 donated services revenue: $423,556 donated services expenses: $(423,556)

Significant Changes

Form 990 part vi line 4 in july 2015, the board of directors of education in motion (eim) approved the release of eim's control as sole member of pathways management group, inc. (pmg) and appointed persistence and positivity, inc., an affiliate, to be the new sole member. Pmg subsequently amended its bylaws to reflect this change.

Form 990 Part IX Line 11G

Description:consulting fees total fees:2865180

Financial Statement Notes

Schedule D Part X Line 2

The organization is exempt from income taxes under Section 501(c)3 of the Internal Revenue Code and similar provisions of the California Revenue and Taxation Code. The United States Federal and State of California have statutes of limitations that generally range from three to four years. No open tax years are currently under examination

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IRS990/Desc0MANAGEMENT AND ADMINISTRATIVE SERVES TO SECONDARY CHARTER SCHOOLS AND OTHER EDUCATIONALLY ORIENTED NONPROFIT ORGANIZATIONS INCLUDING, AMONG OTHER SERVICES, THE EDUCATION PROGRAM FOR INDEPENDENT STUDY BASED INSTRUCTION, RECRUITS AND MANAGES PERSONNEL, PROVIDES ACCOUNTING SERVICES, AND MANAGES FACILITIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIVISION CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIR OF SCHOOL IMPLEMENTATION
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