A PATHWAY TO HOPE INC
Mission Statement
A Pathway to Hope is a foster based rescue in Northern, NJ dedicated to the rescue, rehabilitation and adoption of abandoned dogs and cats, with a focus on special needs cases, south to north rescue of northern breed dogs, local rescue of stray cats and all breeds of dogs and community outreach to further the cause of rescue. We are dedicated to: South to north rescue of northern breed dogs Local rescue of all breeds with a focus on pitbulls Rescuing dogs with special needs, medical concerns or behavior needs, specifically those overlooked as seemingly less adoptable Local rescue of stray and feral cats Participating in a Feral Cat Safety Initiative including trap, neuter and release, food stations, and housing for inclement weather. Educating the community about the need to spay and neuter their pets, proper pet care, and the commitment of caring for an animal for its entire life. Support of other rescues through fundraising efforts and facilitating adoptions. Networking with other organizations in a effort to save more animals. Providing opportunities for pet owners to utilize our obedience and behavioral training resources. ?Lifesaving: 53 cats came into our care 47 cats went into forever homes 33 dogs came into our care 45 dogs went into forever homes Live Release Rate**: 95%
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.9% | 91.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 6.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.6 mo | 9.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
59.8% | 0.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-10.3% | 6.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-10.7% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
20.0% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $229K | $183K | $131K | 95.9% | 0 |
| 2022 | $256K | $205K | $123K | 92.3% | 0 |
| 2021 | $255K | $204K | N/A | — | 0 |
| 2020 | $200K | $191K | N/A | — | 1 |
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