Is Gateway Eitc Community Coalition Legit?

Quick charity verification for Gateway Eitc Community Coalition (EIN: 200323464)

Verdict: Gateway Eitc Community Coalition appears trustworthy

85/100Mission Score
$256KRevenue
$88KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Gateway Eitc Community Coalition 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 Gateway Eitc Community Coalition

Is Gateway Eitc Community Coalition a legitimate charity?

Based on AI analysis of IRS 990 filings, Gateway Eitc Community Coalition (EIN: 200323464) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is Gateway Eitc Community Coalition a good charity to donate to?

Gateway Eitc Community Coalition has a Mission Score of 85/100. Revenue: $256K. Assets: $88K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gateway Eitc Community Coalition?

The Employer Identification Number (EIN) for Gateway Eitc Community Coalition is 200323464. 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 Eitc Community Coalition spend its money?

Gateway Eitc Community Coalition allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gateway Eitc Community Coalition's tax-exempt status?

You can verify Gateway Eitc Community Coalition's tax-exempt status using EIN 200323464 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 Eitc Community Coalition demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a modest but growing asset base. For example, in 2023, revenue was $297,506 against expenses of $293,243, resulting in a surplus. The organization's liabilities have consistently been reported as $0 across all available filings, indicating a strong balance sheet with no outstanding debt. This suggests a fiscally conservative approach and good financial management. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially reducing administrative overhead. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health appears stable with a positive trend in revenue growth in the most recent periods. The consistent filing of IRS 990s over 13 periods also points to a commitment to transparency. However, without a detailed functional expense breakdown, it's challenging to precisely assess the proportion of funds directly allocated to programs versus administrative or fundraising activities. The asset base, while growing, remains relatively small compared to annual revenues, suggesting that the organization operates with a lean reserve. The significant jump in revenue from $124,525 in 2021 to $290,318 in 2022 and $297,506 in 2023 indicates successful growth in funding.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages