Nupath INC EIN 04-2440272 Form 990 (PDF) Claim this org

Nupath INC

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Enhances lives with disabilities, making them happier, healthier, and more fulfilling. For fiscal year 2025 it reported $30.6M in revenue, $29.9M in expenses, and $7.6M in net assets.Pt I

Founded
1968
Type
Public charity (501(c)(3)) · Human Services
Location
Woburn, MA
Website
www.nupathinc.org
Filings
6 on file (2020–2025)
Revenue
$30.6MFY2025
Expenses
$29.9M
Net assets
$7.6M
People
19
Filings
6
Updates
0
More identity details & actions ⌄
EIN  04-2440272 Public charity (501(c)(3)) Woburn, MA Founded 1968
Form 990 (PDF)
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Figures match the IRS filing checked 8/8/26 · see original: IRS
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Size
$10–100M
What they do
Enhances lives with disabilities, making them happier, healthier, and more fulfilling.
Leadership
Daniel Harrison · President & CEO · $278K
Money in and out
$30.6M revenue, $29.9M expenses
Bottom line
88% program efficiency
Where the money goes · FY2025
Total revenue
$30.6M
Pt VIII · Ln 12
Total expenses
$29.9M
Pt IX · Ln 25
Net assets
$7.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $695K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.11 Fundraising $0.00
Program efficiency
88%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate▼ -43% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +49% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$30.6M
FY2025▲ +5%
Expenses
$29.9M
FY2025▲ +4%
Total assets
$18.7M
FY2025▲ +0.9%
Total liabilities
$11.1M
FY2025▼ -6%
Total revenue
$30.6M
Pt VIII · Ln 12
Total expenses
$29.9M
Pt IX · Ln 25
Net assets
$7.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$695K
Total assetsPt X · Ln 16$18.7M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $25.2M of program spending, described in the organization's own filed words · FY2025.
01

Residential

Support to individuals with disabilities to enable them to become vital, productive and independent members of their communities. Services include a variety of residential options, community living and safety skills, financial and money management, advocacy and case management, clinical consultation, health and nutrition education, etc.

$16.0Mprogram expense
02

Supported Employment/Vocational Services

This community based day supports program is designed to help clients transition from school to work, obtain meaningful employment and live happy, fulfilled and independent lives. The placement department builds on the organization's continuum of services to help people secure, maintain and excel at their jobs.

$5.6Mprogram expense
03

Day Habilitation

Clinical treatment program that provides a variety of developmental skills training programs based on individual needs and interests. Services include occupational, physical, speech, music and pet therapy, clinical support and consultation, adaptive equipment evaluation and implementation, etc.

$3.5Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNupath INC
EINHdr · item D04-2440272
Principal addressHdr · item CWoburn, MA
WebsiteHdr · item Jwww.nupathinc.org
Year of formationHdr · item L1968
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P82Z)
Ruling yearIRS BMFFeb 1969

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$277,701Pt VII · Sec A
Senior VP of Program Operations
$216,850Pt VII · Sec A
Senior VP of Finance
$215,535Pt VII · Sec A
Senior VP of Quality & Training
$205,040Pt VII · Sec A
Senior VP of Admin. Operations
$201,579Pt VII · Sec A
VP of Healthcare Services
$156,236Pt VII · Sec A
VP of Clinical Services
$150,926Pt VII · Sec A
$0Pt VII · Sec A

Daniel Harrison’s $278K as President & CEO is at the 71st percentile of top reported officer pay among 3123 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Daniel Harrison$277,701$270,023$271,525$257,004$207,070$187,926
William Yetz$215,535$231,925$221,809$203,462$173,668$155,913
Daniel Lannan$216,850$229,772$225,310$197,547$169,343$142,992
Edward Horn$205,040$220,364$210,272$170,270$132,699$115,086
Gregory Morris$201,579$212,983$207,753$196,991$160,771$141,995
Sharon Pitts$156,236$156,001$194,096$143,910$124,062$124,679
Matthew Johnson$150,926$162,250$151,368$143,852$125,267$115,328

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$29.8M · 98%
Contributions & grants$364K · 1%
Other revenue$283K · 1%
Program service revenue98%$29.8M
Contributions & grants1%$364K
Other revenue1%$283K
Investment income$103K
— government grantsLn 1e$15K
Total revenueLn 12$30.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.11 Fundraising $0.00
Program services88%$26.4M
Management & general11%$3.4M
Fundraising$70K
Total functional expensesLn 25$29.9M

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$18.7M
Total liabilitiesLn 26$11.1M
Total net assetsLn 32$7.6M
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.0M · Operating expenses/yr $29.9M
0.8 months
Where the money goes
Program services
Program services $26.4M · Total expenses $29.9M
88%
Management & General
Management & general $3.4M · Total expenses $29.9M
11%
Fundraising
Fundraising $70K · Total expenses $29.9M
0.2%
Cost to raise $1
Fundraising expense (3-yr avg) $67K · Solicited contributions (3-yr avg) $370K
$0.18 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $364K · Total revenue $30.6M
1%
Government reliance
Government grants $15K · Total revenue $30.6M
0.05%
Earned-income share
Program service revenue $29.8M · Total revenue $30.6M
98%
Investment reliance
Investment income $103K · Total revenue $30.6M
+0.3%
Program self-sufficiency
Program service revenue $29.8M · Total expenses $29.9M
100%
Growth & trend
Revenue growth (YoY)
This year $30.6M · Prior year $29.2M
+5%
Revenue CAGR
FY2020 $21.9M · FY2025 $30.6M
+7%
Net-asset trend (YoY)
End of year $7.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $30.6M · Expenses $29.9M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $18.7M
Net-asset ratio
Net assets $7.6M · Total assets $18.7M
40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $835K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $18.7M
4%
People & payroll
Highest Reported Total Compensation
Individual Daniel Harrison · Reported title PRESIDENT & CEO · Highest reported compensation $278K · Total expenses $29.9M
0.9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $23.6M · Total expenses $29.9M
79%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 11%
Fundraising cost ratio 19%
Revenue growth 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$30.6M revenue · viewing · ⤓ 990 PDF
FY2024$29.2M revenue · ⤓ 990 PDF
FY2023$27.0M revenue · ⤓ 990 PDF
FY2022$25.2M revenue · ⤓ 990 PDF
FY2021$22.7M revenue · ⤓ 990 PDF
FY2020$21.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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