Quick charity verification for Gateway Community Charters (EIN: 200231006)
Verdict: Gateway Community Charters appears trustworthy
85/100Mission Score
$114.8MRevenue
$172.4MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or structured.
Strengths
Consistent and significant revenue growth, from $33.7 million in 2014 to $117.1 million in 2023.
Healthy and growing asset base, increasing from $42.3 million in 2014 to $160.7 million in 2023.
Consistent operational surplus, with revenues exceeding expenses in all reported periods (e.g., $117.1M revenue vs. $93.0M expenses in 2023).
Zero reported officer compensation across all filings, indicating a potential commitment to directing funds to programs.
Strong financial stability with assets significantly exceeding liabilities ($160.7M assets vs. $50.0M liabilities in 2023).
Spending Breakdown
How Gateway Community Charters allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Gateway Community Charters
Is Gateway Community Charters a legitimate charity?
Based on AI analysis of IRS 990 filings, Gateway Community Charters (EIN: 200231006) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Gateway Community Charters a good charity to donate to?
Gateway Community Charters has a Mission Score of 85/100. Revenue: $114.8M. Assets: $172.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gateway Community Charters?
The Employer Identification Number (EIN) for Gateway Community Charters is 200231006. 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 Gateway Community Charters spend its money?
Gateway Community Charters allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gateway Community Charters's tax-exempt status?
You can verify Gateway Community Charters's tax-exempt status using EIN 200231006 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
Gateway Community Charters demonstrates strong financial health with consistent revenue growth, increasing from $33.7 million in 2014 to $117.1 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenues of $117.1 million exceeded expenses of $93.0 million. This surplus contributes to a healthy asset base, which has grown significantly from $42.3 million in 2014 to $160.7 million in 2023, indicating good long-term financial stability. The organization's liabilities have also increased, but at a slower rate than assets, maintaining a strong equity position.
Regarding spending efficiency, the organization's primary function as a charter school operator means a significant portion of its expenses are directly tied to program services, such as education and student support. While specific program spending percentages are not detailed in the provided summary, the consistent operational surplus suggests efficient management of resources relative to its mission. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than high executive salaries, which is a positive sign for donors and stakeholders.
Transparency is generally good, with a consistent history of 13 IRS 990 filings. The zero reported officer compensation is a notable aspect of their financial transparency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) in the provided data, a complete assessment of spending efficiency across these categories is limited. Further analysis of the full 990 forms would be necessary to fully evaluate the allocation of expenses.