Pathway Initiative INC

Tax-deductible

Boston, MA501(c)(3)Human ServicesEIN 85-2950396Revenue $323K in FY2024

On file with the IRStpwi.org89 South St Ste 603, 02111-2746 · Boston, MATax-exempt since Nov 2020Publicly supported charity — 170(b)(1)(A)(vi)

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We aim to increase access for talented and motivated African American, Hispanic and Latino students to achieve their career potential in medicine.

501(c)(3) charity; gifts are tax-deductible.
$17K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · 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 2
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$17K
to officers and key staff · 4% of spending
Top officer’s pay lower than 91% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $19K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$323K
-0.4% vs prior year
Spent
$422K
To programs
0%
Net assets
$21K
By yearFY2023–FY2024
Revenue
$323K
FY2024-0.4%
Tap a bar for its year
Revenue by fiscal year
FY2023$324K
FY2024$323K
Expenses
$422K
FY2024▲ +83%
Tap a bar for its year
Expenses by fiscal year
FY2023$231K
FY2024$422K
Net assets
$21K
FY2024▼ -77%
Tap a bar for its year
Net assets by fiscal year
FY2023$94K
FY2024$21K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2020.

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

Who runs it and what they're paid

3 people listed on the 990; $17K paid to officers and key staff.

Part VII, Section A · reportable compensation
$17,190Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
General Secretary
$0Pt VII · Sec A

Lawrence Mensah’s $17K as CEO is at the 9th percentile of top reported officer pay among 2168 $100K–1M 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.

See Pathway Initiative 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 15aNo

Programs and updates

Helps talented minority students pursue medical careers.

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Provided by the organization

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1 program · in their own filed words · FY2024
01

Oyea Summer City of Boston July to Sept

2024 - 61,877 oyea summer city of boston oct 23 to may 24 - 70,875 oyea summer city of boston oct 24 - 10,080 moia daca spring 24 - 102,194 moia daca spring 24 - 33,687 moia daca spring 24 - 17,325 misc grants - 10,150 donations - 17,190

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$19K
See all 3 funders →
Grants paid · 7 grants · $655K · 2023–2024
City of Boston Immigrant AdvancementFY2024$190,600
City of Boston SuccesslinkFY2024$142,832
City of Boston Immigrant AdvancementFY2023$122,732
PfizerFY2023$100,000
City of Boston SuccesslinkFY2023$80,175

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$323K
Ln 12
Gifts and grantsLn 1h$323K
Money outPt IX
$422K
Ln 25
Owns and owesPt X
$21K
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$21K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$323K
Government grantsLn 1e$306K
Total revenueLn 12$323K
Assets in detailPt X, end of year
CashLn 1$21K
Cash and savings togetherLn 1–2$21K
Total assetsLn 16$21K
LiabilitiesLn 26$0
Net assetsLn 32$21K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$120K$21K
Total assetsLn 16$120K$21K
LiabilitiesLn 26$0$0
Net assetsLn 32$120K$21K
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$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$19K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$353K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$10K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$877
Office expensesLn 13$6K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$31K
All other expensesLn 24e$0
Total functional expensesLn 25$422K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $323K$422K−$99K$21K 990 PDF
FY2023 $324K$231K$94K$94K 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 (6 parts)
Part I · Summary $323,288 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $324,478$323,288
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $324,478$323,288
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $217,466$382,268
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $13,195$39,812
I-18 Total expensesPrior year $230,661$422,080
I-19 Revenue less expensesPrior year $93,817−$98,792
Part VI · Governance 0 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $323,288 across 4 lines filed
VIII-1e Government grants$306,098
VIII-1f All other contributions, gifts and grants$17,190
VIII-1h Total contributions, gifts and grants$323,288
VIII-12 Total revenue$323,288
Part IX · Statement of functional expenses $422,080 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$19,385
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$352,968
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$9,915
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$877
IX-13 Office expenses$6,087
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$1,604
IX-24 Other expenses (24a–d)$31,244
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$422,080
Part X · Balance sheet $21,144 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $119,936$21,144
X-16 Total assetsStart of year $119,936$21,144
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $119,936$21,144
X-33 Total liabilities and net assetsStart of year $119,936$21,144
Part XI · Reconciliation of net assets $21,144 net assets at year end
XI-1 Total revenue$323,288
XI-2 Total expenses$422,080
XI-3 Revenue less expenses−$98,792
XI-4 Net assets at start of year$119,936
XI-10 Net assets at end of year$21,144

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

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