Pathways to Education

439 University Avenue, 16th Floor 
Toronto, ON M5G 1Y8
President & CEO: Sue Gillespie
Board Chair: Samuel L. Duboc

Website: www.pathwaystoeducation.ca
Charitable Reg. #: 86190 8499 RR0001
Sector: Education
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

Grade: A+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Impact Rating: Good

Full-time staff #41

Avg. Compensation $111,226

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 1
$120k - $160k 5
$80k - $120k 3
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Pathways to Education:

Founded in 2001, Pathways to Education works with high school students from low-income areas that have high dropout rates, helping them transition into post-secondary education. The charity works within the community alongside public schools, universities and colleges, community partners, community services, families, the government and corporate donors. It provides after-school tutoring, group mentoring, career mentoring, scholarships, internships, transit and lunch vouchers, and engages in youth-centered advocacy. Every location has a program partner which helps Pathways by providing community expertise, safe spaces, staff and volunteers to deliver the Pathways program to youth.

In September 2007, Pathways to Education expanded its program from its initial Regent Park location into 5 new communities (Generation 2). Before 2010, it continued its expansion into Hamilton and Scarborough (Generation 3) and in September 2010 into Winnipeg, Kingston, and Halifax (Generation 4). In 2013 and 2014, it expanded its program to several Quebec cities, including Shawinigan, Sherbrooke, Pointe-Saint-Charles and Mashteuiatsh.

In F2016, Pathways to Education supported 5,358 students in 18 program locations. Pathways reports that 74% of its students who graduated from high school while in its programs have gone on to post-secondary education or training. The charity also reports that graduation rates increased over 85% across all Pathways communities.

On average, Pathways to Education incurred a cost of $4,305 per student in F2016.

Financial Review:

Pathways to Education is a large charity, with donations and special events revenue of $10.3m in F2017. Ci calculated that its administrative costs are 5% of revenues and its fundraising costs are 29% of donations. For every $1 donated to the charity, 66 cents is put towards its programs, falling within Ci’s reasonable range. Pathways to Education has funding reserves of $15.1m, resulting in a program cost coverage ratio of 65%. This means that it can cover just under 8 months of its programs using existing reserves.

This charity report is an update that is being reviewed by Pathways to Education. Changes and edits may be forthcoming.

Updated on August 3, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending March
201720162015
Administrative costs as % of revenues 4.8%4.8%5.3%
Fundraising costs as % of donations 29.1%38.0%32.2%
Program cost coverage (%) 64.8%49.8%49.0%

Summary Financial Statements

All figures in $000s
201720162015
Donations 10,3248,5508,703
Goods in kind 00647
Government funding 19,07819,01115,600
Special events 001,097
Investment income 25289140
Total revenues 29,65427,64926,188
Program costs 3,9884,3743,704
Grants 19,24318,67417,980
Administrative costs 1,3951,3231,388
Fundraising costs 3,0003,2513,155
Cash flow from operations 2,02827(40)
Funding reserves 15,05411,48810,634
Note: Given that the charity does not fully report its administrative and fundraising costs on its audited financial statemtns and that the charity's 2017 T3010A data is not available, Ci calculated 2017 ratios using a 3-year average of administrative and fundraising expenses as a percentage of total non-grant expenses. 

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