Quick charity verification for Gateway Foundation Tr (EIN: 206294706)
Verdict: Gateway Foundation Tr appears trustworthy
90/100Mission Score
$1.6MRevenue
$82.4MAssets
2Red Flags
3Strengths
Red Flags
Significant year-over-year revenue volatility (e.g., $9.0M in 2022 to $3.8M in 2023) could indicate unpredictable funding streams.
Expenses exceeding revenue in some periods (e.g., 2023: $5.2M expenses vs. $3.8M revenue) could lead to reliance on reserves if not balanced over time.
Strengths
Consistently reports 0% officer compensation, indicating high efficiency in leadership compensation.
Maintains a very strong asset base, consistently above $80 million in recent years, providing significant financial stability.
Long history of IRS 990 filings (10 filings provided) indicates consistent reporting and transparency.
Spending Breakdown
How Gateway Foundation Tr allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Foundation Tr
Is Gateway Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Gateway Foundation Tr (EIN: 206294706) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.
Is Gateway Foundation Tr a good charity to donate to?
Gateway Foundation Tr has a Mission Score of 90/100. Revenue: $1.6M. Assets: $82.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gateway Foundation Tr?
The Employer Identification Number (EIN) for Gateway Foundation Tr is 206294706. 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 Foundation Tr spend its money?
Gateway Foundation Tr allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gateway Foundation Tr's tax-exempt status?
You can verify Gateway Foundation Tr's tax-exempt status using EIN 206294706 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 Foundation Tr demonstrates a generally stable financial position with substantial assets, consistently above $80 million in recent years, peaking at $89.5 million in 2022. However, its revenue and expenses have shown significant volatility. For instance, revenue fluctuated wildly from a high of $33.4 million in 2015 to $915,019 in 2011 and $3.8 million in 2023, while expenses also varied, reaching $5.2 million in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and efficient use of funds, as it suggests that no salaries are paid to officers from the organization's funds, or that officers are volunteers. The substantial asset base relative to its annual operating expenses suggests a strong endowment or investment strategy, providing long-term financial stability.