Nonprofit · EIN 92-3573559
PATHWAY COMMUNITY FOUNDATION CORP
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $219,994 | $226,289 | -$6,295 | $53,743 | $0 | $53,743 |
| December 31, 2024 | 990 | $131,411 | $287,308 | -$155,897 | $60,215 | $0 | $60,215 |
| December 31, 2023 | 990 | $321,271 | $99,627 | $221,644 | $221,644 | $0 | $221,644 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $219,297
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $697
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $101,332
- Salaries, compensation and benefits (total)
- $101,332
- Professional fundraising fees
- $0
- Legal fees
- $2,683
- Occupancy
- $2,132
- Travel
- $40,894
- Program services (functional)
- $226,289
Balance sheet and other
- Total assets, start of year
- $60,215
- Total assets, end of year
- $53,743
- Total liabilities, end of year
- $0
- Net assets, end of year
- $53,743
- Gross receipts
- $219,994
- Employees
- 0
- Year formed
- 2022
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AYINDE SIMON | PRESIDENT AND DIRECTOR Trustee or director | 40 | $42,325 |
| KEVIN FOMENGIA | TREASURER & DIRECTOR Trustee or director, Officer, Key employee | 40 | $40,000 |
| ALYSON KONG | EXECUTIVE ASSISTANT Trustee or director | 15 | $12,171 |
| SYDNEY TAYLOR | COMMUNICATIONS MANAGER Trustee or director | 15 | $3,550 |
| TERRY YATES | IOT / SMART CITY COACH Trustee or director | 15 | $0 |
| HERMANN BOBGA | CREATIVE DESIGNER Trustee or director | 15 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AYINDE SIMON | PRESIDENT AND DIRECTOR Trustee or director | 30 | $45,000 |
| KEVIN FOMENGIA | TREASURER & DIRECTOR Trustee or director, Officer, Key employee | 30 | $41,000 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EARL | TURNER III Trustee or director, Institutional trustee, Former | 30 | $32,742 |
| AYINDE SIMON | PRESIDENT AND DIRECTOR Trustee or director | 30 | $29,222 |
| KEVIN FOMENGIA | TREASURER & DIRECTOR Trustee or director, Officer, Key employee | 30 | $23,345 |
Address and contacts
- Address (IRS master file)
- 8601 SIX FORKS RD SUITE 4000, RALEIGH, NC 27615-5276
- In care of
- % AYINDE SIMON
- Principal officer (990 for 2025)
- KEVIN FOMENGIA, 8004 SANDY SPRING, LAUREL, MD 20707
- Signed the 990
- KEVIN FOMENGIA, TREASURER AND DIRECTOR
- Phone
- (202) 369-9554
- Website
- WWW.PATHWAYOZ.COM
- Return prepared by
- VICTORY CPA
Mission
To build thriving technology ecosystems in underrepresented cities and HBCU communities. We ve planned workforce development programs, career fairs, and technology institutes.
Program accomplishments
- HBCU Smart Cities ProgramExpenses $103,425 · grants $112,700
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-3573559
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $53,743
- Income (IRS master file)
- $219,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $219,994 | $226,289 | $53,743 | IRS |
| 990 | December 2024 | $131,411 | $287,308 | $60,215 | XML |
| 990 | December 2023 | $321,271 | $99,627 | $221,644 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-3573559).
Questions about PATHWAY COMMUNITY FOUNDATION CORP
- What is the EIN of PATHWAY COMMUNITY FOUNDATION CORP?
- The employer identification number (EIN) of PATHWAY COMMUNITY FOUNDATION CORP is 92-3573559.
- Is PATHWAY COMMUNITY FOUNDATION CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to PATHWAY COMMUNITY FOUNDATION CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PATHWAY COMMUNITY FOUNDATION CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PATHWAY COMMUNITY FOUNDATION CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PATHWAY COMMUNITY FOUNDATION CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PATHWAY COMMUNITY FOUNDATION CORP?
- The 990 for the year ended December 31, 2025 names KEVIN FOMENGIA.
- Who are the officers and directors of PATHWAY COMMUNITY FOUNDATION CORP?
- The 990 for the year ended December 31, 2025 lists 6 people; 4 received compensation from the organization, the highest $42,325 (AYINDE SIMON, PRESIDENT AND DIRECTOR).
- How much revenue does PATHWAY COMMUNITY FOUNDATION CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $219,994, expenses of $226,289 and total assets of $53,743 at year end.
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