Ubuntu Pathways INC FY2024 filing

Tax-deductible

New York, NY501(c)(3)Since 1998EducationEIN 31-1705917

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501(c)(3) charity; gifts are tax-deductible.
42¢ of each $1 spent went to programs.
$1.2M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $1.1M a year · 29% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
42%
of spending
Concern: 42% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 44% of spending
Concern: pay to officers and key staff is 44% of spending; over 30%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $880K
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$899K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 22 voting members
Looks good: 22 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-39% vs prior year
Spent
$2.8M
To programs
42%
Net assets
$7.7M
By yearFY2020–FY2024
Revenue
$1.6M
FY2024▼ -39%
Revenue by fiscal year
FY2020$2.4M
FY2021$2.1M
FY2022$9.5M
FY2023$2.6M
FY2024$1.6M
FY2024$3.9M
Expenses
$2.8M
FY2024▲ +4%
Expenses by fiscal year
FY2020$2.7M
FY2021$2.1M
FY2022$2.6M
FY2023$2.7M
FY2024$2.8M
FY2024$2.3M
Net assets
$7.7M
FY2024▼ -6%
Net assets by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$7.7M
FY2023$8.2M
FY2024$7.7M
FY2024$10.1M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

42 cents of each dollar spent went to programs.

Program services 42% · $1.2M Management & general 21% · $568K Fundraising 38% · $1.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

27 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$369,710Pt VII · Sec A
Chief External Relation Office
$252,776Pt VII · Sec A
Chief Stratergy Officer
$252,776Pt VII · Sec A
Director, US
$175,689Pt VII · Sec A
Chief of Staff
$167,515Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Jacob Lief’s $305K as Director is at the 96th percentile of top reported officer pay among 3394 $1–10M education 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 · 6 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Jacob Lief$305,133$369,710$293,397$291,053$312,320$259,804
Jordan Levy—$252,776$203,996$197,935$220,730$180,508
Jana Zindell—$252,776$196,821$197,936$213,227$173,517
Travis Randall—$175,689$138,784$129,503——
Alexis Duclos—$167,515$119,520———
Travis R Randall————$134,628—

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.

See Ubuntu Pathways INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Ubuntu Pathways INC is an education nonprofit based in New York, NY, formed in 1998.

Provided by the organization

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3 program services account for $1.2M of program spending, described in the organization's own filed words · FY2023.
01

See schedule o

$1.2Mprogram expense
02

See schedule o

Pt IX · col B
03

See schedule o

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 15 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$487K
Money outPt IX
$2.8M
Ln 25
Programscol B$1.2M
Managementcol C$568K
Fundraisingcol D$1.0M
Owns and owesPt X
$7.7M
net assets · Ln 32
Cash and savingsLn 1–2$523K
Total assetsLn 16$8.6M
LiabilitiesLn 26$899K
PeoplePt VI, VII
27
listed · VII A
PaidVII A5
Voting boardVI 1a22
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$487K
Gains on assetsLn 7$0
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$523K
Cash and savings togetherLn 1–2$523K
InvestmentsLn 11–13$7.6M
Land, buildings, equipmentLn 10c$7K
Other assetsLn 15$38K
Total assetsLn 16$8.6M
LiabilitiesLn 26$899K
Net assetsLn 32$7.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$669K$523K
InvestmentsLn 11–13$7.7M$7.6M
Land, buildings, equipmentLn 10c$12K$7K
Total assetsLn 16$9.2M$8.6M
LiabilitiesLn 26$973K$899K
Net assetsLn 32$8.2M$7.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$571K$571K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$1.2M$411K$83K$725K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$136K$46K$9K$81K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$163K$55K$11K$97K
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$42K$42K
Office expensesLn 13$9K$7K$501$2K
Information technologyLn 14$24K$24K
RoyaltiesLn 15$0
OccupancyLn 16$100K$100K
TravelLn 17$171K$66K$69K$36K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$4K$300$3K$1K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$42K$41K$340
All other expensesLn 24e$285K$3K$251K$31K
Total functional expensesLn 25$2.8M$1.2M$568K$1.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $1.6M$2.8M−$1.2M$7.7M 990 PDF
FY2023 $2.6M$2.7M−$53K$8.2M 990 PDF
FY2022 $9.5M$2.6M$6.9M$7.7M 990 PDF
FY2021 $2.1M$2.1M−$52K$1.4M 990 PDF
FY2020 $2.4M$2.7M−$289K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,593,093 across 9 lines filed
VIII-1f All other contributions, gifts and grants$1,106,448
VIII-1h Total contributions, gifts and grants$1,106,448
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $486,645$486,645
VIII-12 Total revenueExcluded from tax $486,645$1,593,093
Part IX · Statement of functional expenses $2,771,453 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $570,541$570,541
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $410,690 · Management $83,063 · Fundraising $724,715$1,218,468
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $45,733 · Management $9,249 · Fundraising $80,702$135,684
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $55,094 · Management $11,143 · Fundraising $97,222$163,459
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionFundraising $41,853$41,853
IX-13 Office expensesPrograms $6,921 · Management $501 · Fundraising $1,831$9,253
IX-14 Information technologyFundraising $24,410$24,410
IX-15 Royalties$0
IX-16 OccupancyManagement $100,307$100,307
IX-17 TravelPrograms $65,810 · Management $69,273 · Fundraising $36,331$171,414
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $300 · Management $2,818 · Fundraising $1,096$4,214
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationFundraising $4,598$4,598
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $41,479 · Fundraising $340$41,819
IX-24e All other expensesPrograms $3,490 · Management $250,507 · Fundraising $31,436$285,433
IX-25 Total functional expensesPrograms $1,158,579 · Management $568,340 · Fundraising $1,044,534$2,771,453
Part X · Balance sheet $8,582,722 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $668,524$523,239
X-3 Pledges and grants receivableStart of year $619,123$375,831
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $11,503$7,125
X-11 Publicly traded securitiesStart of year $7,685,451$7,638,649
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $180,525$37,878
X-16 Total assetsStart of year $9,165,126$8,582,722
X-17 Accounts payable and accrued expensesStart of year $53,956$64,985
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $820,500$814,749
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $973,297$899,122
X-27 Net assets without donor restrictionsStart of year $7,430,671$7,045,735
X-28 Net assets with donor restrictionsStart of year $761,158$637,865
X-32 Total net assets or fund balancesStart of year $8,191,829$7,683,600
X-33 Total liabilities and net assetsStart of year $9,165,126$8,582,722
Part XI · Reconciliation of net assets $7,683,600 net assets at year end
XI-1 Total revenue$1,593,093
XI-2 Total expenses$2,771,453
XI-3 Revenue less expenses−$1,178,360
XI-4 Net assets at start of year$8,191,829
XI-5 Net unrealized gains (losses) on investments$563,380
XI-6 Donated services and use of facilities$106,751
XI-10 Net assets at end of year$7,683,600

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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