Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities not immediately apparent.
Strengths
Consistent revenue growth, increasing from $2,272,097 in 2019 to $3,080,328 in 2023.
Strong program spending ratio, with 85% of expenses dedicated to programs in 2023.
Significant asset growth, more than tripling from $801,874 in 2019 to $2,333,905 in 2023.
No reported officer compensation across all 13 filings, indicating efficient use of funds for mission-related activities.
Long history of IRS 990 filings (13 filings), demonstrating consistent transparency.
Spending Breakdown
How Aggateway Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Aggateway Corporation
Is Aggateway Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Aggateway Corporation (EIN: 203848302) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Aggateway Corporation a good charity to donate to?
Aggateway Corporation has a Mission Score of 92/100. Revenue: $3.1M. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aggateway Corporation?
The Employer Identification Number (EIN) for Aggateway Corporation is 203848302. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Aggateway Corporation spend its money?
Aggateway Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aggateway Corporation's tax-exempt status?
You can verify Aggateway Corporation's tax-exempt status using EIN 203848302 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Aggateway Corporation demonstrates consistent financial growth and strong program spending efficiency. Over the past five years, revenue has steadily increased from $2,272,097 in 2019 to $3,080,328 in 2023, indicating a healthy and expanding operational capacity. The organization consistently spends a high proportion of its expenses on program services, with 85% allocated to programs in 2023, reflecting a strong commitment to its mission.
The organization's assets have also shown significant growth, more than tripling from $801,874 in 2019 to $2,333,905 in 2023, suggesting sound financial management and accumulation of resources. Liabilities have remained manageable relative to assets, indicating a stable financial position. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its financial transparency and resource allocation.
Overall, Aggateway Corporation appears to be a financially healthy and efficient nonprofit. Its consistent growth in revenue and assets, coupled with a high program spending ratio and no reported officer compensation, points to a well-managed organization focused on its mission. The availability of 13 years of filings further enhances its transparency.