Pathfinders Milwaukee INC EIN 39-1185304 Form 990 (PDF) Claim this org

Pathfinders Milwaukee INC

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Empowering youth to change their lives. For fiscal year 2024 it reported $7.6M in revenue, $7.5M in expenses, and $2.7M in net assets.Pt I

Founded
1973
Type
Public charity (501(c)(3)) · Human Services
Location
Milwaukee, WI
Website
www.pathfindersmke.com
Filings
5 on file (2020–2024)
Revenue
$7.6MFY2024
Expenses
$7.5M
Net assets
$2.7M
People
21
Filings
5
Updates
0
More identity details & actions ⌄
EIN  39-1185304 Public charity (501(c)(3)) Milwaukee, WI Founded 1973
Form 990 (PDF)
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Figures match the IRS filing checked 8/16/26 · see original: IRS
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Size
$1–10M
What they do
Empowering youth to change their lives.
Leadership
Timothy Baack · President & CEO · $200K
Money in and out
$7.6M revenue, $7.5M expenses
Bottom line
72% program efficiency
Where the money goes · FY2024
Total revenue
$7.6M
Pt VIII · Ln 12
Total expenses
$7.5M
Pt IX · Ln 25
Net assets
$2.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $107K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.15 Fundraising $0.13
Program efficiency
72%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
5.7mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▼ -43% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$7.6M
FY2024▲ +7%
Expenses
$7.5M
FY2024▲ +8%
Total assets
$6.8M
FY2024▼ -2%
Total liabilities
$4.1M
FY2024▼ -6%
Total revenue
$7.6M
Pt VIII · Ln 12
Total expenses
$7.5M
Pt IX · Ln 25
Net assets
$2.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$107K
Total assetsPt X · Ln 16$6.8M
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPathfinders Milwaukee INC
EINHdr · item D39-1185304
Principal addressHdr · item CMilwaukee, WI
WebsiteHdr · item Jwww.pathfindersmke.com
Year of formationHdr · item L1973
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P300)
Ruling yearIRS BMFMay 1973

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
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
$200,000Pt VII · Sec A
Chief Financial Officer
$173,041Pt VII · Sec A
Chief Developement Officer
$147,041Pt VII · Sec A
Chief Program Officer
$110,527Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Timothy Baack’s $200K as President & CEO is at the 90th percentile of top reported officer pay among 3863 $1–10M 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Timothy Baack$200,000$192,098$174,725$164,890$155,890
Martin Alba$173,041$165,892$150,964$142,505$130,856
Renee Kirnberger$147,041$141,411$128,709$102,030
Deshanda Williams-Clark$110,527$103,953

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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Mission & Programs · Part III

Where the work happens

3 program services account for $3.9M of program spending, described in the organization's own filed words · FY2024.
01

Clinical Services

Our team of care coordinators offers support to youth living with mental health AND/OR substance use diagnoses to reduce negative symptoms, develop life skills and transition into adulthood. Using a harm-reduction approach, pathfinders encourages healthy relationships, self-identified goals and self-empowerment.

$1.4Mprogram expense
02

Supported Housing

Pathfinders helps homeless and housing insecure youth find and sustain safe housing. Once housed, we offer support to youth as they work towards stability, mental well-being, education, employment and other personal goals. Our programs offer supported housing services that are individualized to the needs of each young person.

$1.3Mprogram expense
03

Youth Shelter

Our shelter is open 365 days a year and provides emergency short-term shelter for adolescents aged 11-17, plus crisis counseling services for youth aged 18-21. We operate one of only two state-licensed youth shelters serving milwaukee, representing half of the available beds in the city for youth.

$1.2Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$6.5M · 85%
Program service revenue$1.1M · 14%
Investment income$40K · 1%
Contributions & grants85%$6.5M
Program service revenue14%$1.1M
Investment income1%$40K
— government grantsLn 1e$4.9M
Total revenueLn 12$7.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.15 Fundraising $0.13
Program services72%$5.4M
Management & general15%$1.1M
Fundraising13%$982K
Total functional expensesLn 25$7.5M

Balance Sheet

Part X · end of year
CashLn 1$3.5M
Total assetsLn 16$6.8M
Total liabilitiesLn 26$4.1M
Total net assetsLn 32$2.7M
Months of cash on handcomputed5.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.5M · Operating expenses (Pt IX) $7.5M · Less non-cash grants $128K · Cash operating expenses/yr $7.4M
5.7 months
Where the money goes
Program services
Program services $5.4M · Total expenses $7.5M
72%
Management & General
Management & general $1.1M · Total expenses $7.5M
15%
Fundraising
Fundraising $982K · Total expenses $7.5M
13%
Cost to raise $1
Fundraising expense (3-yr avg) $883K · Solicited contributions (3-yr avg) $1.9M
$0.45 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $6.5M · Total revenue $7.6M
85%
Government reliance
Government grants $4.9M · Total revenue $7.6M
64%
Earned-income share
Program service revenue $1.1M · Total revenue $7.6M
14%
Investment reliance
Investment income $40K · Total revenue $7.6M
+0.5%
Program self-sufficiency
Program service revenue $1.1M · Total expenses $7.5M
15%
Growth & trend
Revenue growth (YoY)
This year $7.6M · Prior year $7.1M
+7%
Revenue CAGR
FY2020 $5.2M · FY2024 $7.6M
+10%
Net-asset trend (YoY)
End of year $2.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.6M · Expenses $7.5M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $6.8M
Net-asset ratio
Net assets $2.7M · Total assets $6.8M
40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Timothy Baack · Reported title PRESIDENT & CEO · Highest reported compensation $200K · Total expenses $7.5M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.5M · Total expenses $7.5M
73%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 15%
Fundraising cost ratio 15%
Revenue growth 7%
Accounting fee ratio 0.4%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$17K
Grants paid · 11 grants · $2.4M · 2020–2024
Unitemized GrantFY2024$310,769
Unitemized GrantFY2024$120,053
Unitemized GrantFY2024$9,219
Unitemized GrantFY2023$348,833
Unitemized GrantFY2023$189,085
Unitemized GrantFY2022$375,679
Unitemized GrantFY2022$109,682
Unitemized GrantFY2021$480,588
Unitemized GrantFY2021$169,252
Unitemized GrantFY2020$225,380
Unitemized GrantFY2020$63,158

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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
FY2024 (Latest)$7.6M revenue · viewing · ⤓ 990 PDF
FY2023$7.1M revenue · ⤓ 990 PDF
FY2022$6.1M revenue · ⤓ 990 PDF
FY2021$6.5M revenue · ⤓ 990 PDF
FY2020$5.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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