Pathways for Change INC EIN 90-0591724

Pathways for Change INC

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Provides leadership, training, and support to change futures and prevent re-offending. For fiscal year 2024 it reported $106K in revenue, $194K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Crime & Legal
Location
Pensacola, FL
Website
www.pathwaysforchange.org
Filings
5 on file (2020–2024)
Revenue
$106KFY2024
Expenses
$194K
Net assets
$1.1M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  90-0591724 Public charity (501(c)(3)) Pensacola, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides leadership, training, and support to change futures and prevent re-offending.
Leadership
Connie Bookman · Executive Director · $22K
Money in and out
$106K revenue, $194K expenses
Bottom line
46% program efficiency
Where the money goes · FY2024
Total revenue
$106K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$88K
Where spending went · Part IX cols B–D
Program services $0.46 Management & general $0.52 Fundraising $0.02
Program efficiency
46%
of spending reaches programs▼ -10% vs prior filing year
Operating runway
19.5mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
-83%
revenue over expenses, this year▼ -227% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$106K
FY2024▼ -80%
Expenses
$194K
FY2024▲ +4%
Total assets
$1.1M
FY2024▼ -8%
Total liabilities
$14K
FY2024▼ -19%
Total revenue
$106K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$88K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B46%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $89K of program spending, described in the organization's own filed words · FY2024.
01

Pathways For Change, Inc has a broad vision, partnering with Opening Doors, The Local Continum of Care, and assisting local agencies who are in the business of elminating homlessnesss and panhandling in Escambia and Santa Rosa Counties.

$89Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPathways for Change INC
EINHdr · item D90-0591724
Principal addressHdr · item CPensacola, FL
WebsiteHdr · item Jwww.pathwaysforchange.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40)
Ruling yearIRS BMFOct 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
Executive Director
$22,237Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Connie Bookman’s $22K as Executive Director is at the 8th percentile of top reported officer pay among 1398 $100K–1M crime & legal 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Connie Bookman$64,439$75,573
Connie Bookman$22,237$21,237$34,486

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
Other revenue$60K · 57%
Contributions & grants$33K · 31%
Investment income$13K · 13%
Other revenue57%$60K
Contributions & grants31%$33K
Investment income13%$13K
Total revenueLn 12$106K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.46 Management & general $0.52 Fundraising $0.02
Program services46%$89K
Management & general52%$101K
Fundraising2%$4K
Total functional expensesLn 25$194K

Balance Sheet

Part X · end of year
CashLn 1$316K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$14K
Total net assetsLn 32$1.1M
Months of cash on handcomputed19.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $316K · Operating expenses/yr $194K
19.5 months
Where the money goes
Program services
Program services $89K · Total expenses $194K
46%
Management & General
Management & general $101K · Total expenses $194K
52%
Fundraising
Fundraising $4K · Total expenses $194K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $74K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $33K · Total revenue $106K
31%
Government reliance
Government grants — · Total revenue $106K
Earned-income share
Program service revenue $0 · Total revenue $106K
0%
Investment reliance
Investment income $13K · Total revenue $106K
+13%
Program self-sufficiency
Program service revenue $0 · Total expenses $194K
0%
Growth & trend
Revenue growth (YoY)
This year $106K · Prior year $539K
-80%
Revenue CAGR
FY2020 $698K · FY2024 $106K
-38%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $106K · Expenses $194K
-83%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Connie Bookman · Reported title Executive Director · Highest reported compensation $22K · Total expenses $194K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $90K · Total expenses $194K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 46%
Overhead ratio 52%
Fundraising cost ratio 12%
Revenue growth -80%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 1%

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 · FY2024
Total grants receivedfrom 1 funder$5K

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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)$106K revenue · viewing · ⤓ 990 PDF
FY2023$539K revenue · ⤓ 990 PDF
FY2022$281K revenue · ⤓ 990 PDF
FY2021$314K revenue · ⤓ 990 PDF
FY2020$698K 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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