Pathways to Education
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Average
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
70%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 70 cents are available for programs.
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Programs
About Pathways to Education:
Founded in 2001, Pathways to Education works in communities across Canada to reduce high school dropout rates in low-income areas. Its flagship program is the Pathways to Education Program (Pathways). The program offers tutoring, group and career mentoring, transit and lunch vouchers and one-on-one support to enrolled students. The charity teams with public schools, post-secondary institutions, community organizations, families, the government, and corporate donors to run Pathways. Pathways to Education also conducts research on topics related to its mission, releases monthly research summaries, and provides financial aid for post-secondary education to Pathways alumni.
There are 20 Pathways to Education Program locations in 8 provinces across Canada, including 2 new Pathways locations launched in Edmonton and Saskatoon in September 2017. The charity supported 5,747 Pathways students in the 2016-17 school year, of which 863 graduated high school within the year. New in 2017, Pathways Vancouver introduced Family Engagement Nights, as caregiver and parent involvement in the Pathways Program translates to improved attendance in Pathways students. Pathways Winnipeg also implemented a Peer Helper Program in 2017 based on key learning about how to better support Indigenous youth in its Pathways program.
In F2018, the charity’s program spending totaled $24.9m. Pathways to Education program delivery spending of $20.6m represents funding to Pathways Program Partners who deliver the flagship program to students in the community. The charity provided $1.9m in scholarships to Pathways alumni pursuing post-secondary education or training. Of the remaining $2.3m, $1.2m was spent on program growth and $1.1m was spent on program research and evaluation.
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Results and Impact
Charity Intelligence has given Pathways to Education an impact rating of Average for demonstrated impact per dollar spent.
Impact Rating: Average
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Finances
Pathways to Education is a large charity that received $9.3m in donations in F2019. Administrative costs are 8% of revenues and fundraising costs are 22% of donations. For every $1 donated to the charity, 70 cents is put toward its programs, which falls within Ci’s reasonable range for overhead spending. Funding reserves of $12.4m can cover 49% of annual program costs (6 months of programming).
This charity report is an update that has been sent to Pathways to Education for review. Comments and edits may be forthcoming.
Updated on November 10, 2018 by Katie Khodawandi. Financial analysis updated on September 12, 2019 by Greg Thomson.
Financial Review
Fiscal year ending March
|
2019 | 2018 | 2017 |
|---|---|---|---|
| Administrative costs as % of revenues | 8.3% | 5.0% | 4.2% |
| Fundraising costs as % of donations | 21.7% | 32.1% | 22.5% |
| Program cost coverage (%) | 48.7% | 56.8% | 63.6% |
Summary Financial StatementsAll figures in $000s |
2019 | 2018 | 2017 |
|---|---|---|---|
| Donations | 9,342 | 9,157 | 11,941 |
| Goods in kind | 0 | 0 | 0 |
| Government funding | 20,279 | 19,035 | 19,078 |
| Special events | 0 | 0 | 0 |
| Investment income | 202 | 147 | 252 |
| Total revenues | 29,823 | 28,339 | 31,271 |
| Program costs | 25,530 | 24,854 | 23,643 |
| Grants | 0 | 0 | 0 |
| Administrative costs | 2,466 | 1,411 | 1,301 |
| Fundraising costs | 2,029 | 2,941 | 2,682 |
| Other costs | 0 | 0 | 0 |
| Cash flow from operations | (202) | (867) | 3,646 |
| Funding reserves | 12,419 | 14,106 | 15,046 |
Note: Ci backed out amortization of $33k in F2018, $63k in F2017 and $17k in F2016 from administrative costs. Ci adjusted for deferred donations, affecting revenues by ($2.7m) in F0218 and $1.6m in F2017. However, the charity has not disclosed the breakdown between deferred government and public donations, so fundraising ratios may be overstated.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
1 |
$160k - $200k |
1 |
$120k - $160k |
7 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2019
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Comments & Contact
Comments added by the Charity:
Charity Contact
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