Aggateway Corporation
Aggateway Corporation shows consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 203848302 · Arlington, VA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.5M |
| Transparency Score | 92/100 |
Is Aggateway Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aggateway Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aggateway Corporation
Aggateway Corporation (EIN: 203848302) is a nonprofit organization based in Arlington, VA, classified under NTEE code S41. The organization reported total revenue of $3.1M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aggateway Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aggateway Corporation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$323K |
| Total Assets | $2.3M |
| Total Liabilities | $805K |
| Net Assets | $1.5M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 34.5% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2023, Aggateway Corporation reported a surplus of $323K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 34.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aggateway Corporation's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +5.2% | +38.5% |
| 2022 | +10.7% | +3.8% | +18.8% |
| 2021 | +2.0% | +2.2% | +57.0% |
| 2020 | +15.9% | +12.5% | +12.7% |
| 2019 | +4.4% | +7.4% | +20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aggateway Corporation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aggateway Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $323K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.5%.
Executive Compensation Analysis
Aggateway Corporation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization of its size with over $3 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aggateway Corporation's IRS 990 filings:
- 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
The following positive indicators were identified for Aggateway Corporation:
- 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.
Frequently Asked Questions about Aggateway Corporation
Is Aggateway Corporation a legitimate charity?
Aggateway Corporation (EIN: 203848302) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Aggateway Corporation spend its money?
Aggateway Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Aggateway Corporation tax-deductible?
Aggateway Corporation is registered as a tax-exempt nonprofit (EIN: 203848302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aggateway Corporation CEO make?
Aggateway Corporation's highest-compensated officer earns $3 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aggateway Corporation's spending goes to programs?
Aggateway Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aggateway Corporation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Aggateway Corporation is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aggateway Corporation located?
Aggateway Corporation is headquartered in Arlington, Virginia and files with the IRS under EIN 203848302. It is classified under NTEE code S41.
How many years of IRS 990 filings does Aggateway Corporation have?
Aggateway Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.1M in total revenue.
Is Aggateway Corporation a good charity?
Based on the provided data, Aggateway Corporation appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a high percentage of expenses dedicated to program services (85% in 2023). The absence of reported officer compensation is also a positive indicator of resource allocation.
How has Aggateway Corporation's financial health changed over time?
Aggateway Corporation's financial health has consistently improved. Revenue has grown from $2,272,097 in 2019 to $3,080,328 in 2023, and assets have more than tripled from $801,874 to $2,333,905 over the same period, indicating robust growth and increasing financial stability.
What is Aggateway Corporation's spending efficiency?
Aggateway Corporation exhibits strong spending efficiency, with 85% of its total expenses in 2023 ($2,757,799) allocated directly to program services. This high program spending ratio suggests that the vast majority of its resources are directed towards its mission.
Filing History
IRS 990 filing history for Aggateway Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aggateway Corporation's revenue has grown by 79%, moving from $1.7M to $3.1M. Total assets increased by 542.5% over the same period, from $363K to $2.3M. Total functional expenses rose by 56.3%, from $1.8M to $2.8M. In its most recent filing year (2023), Aggateway Corporation reported a surplus of $323K, with revenue exceeding expenses. The organization holds $805K in liabilities against $2.3M in assets (debt-to-asset ratio: 34.5%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.8M | $2.3M | $805K | — | — |
| 2022 | $3.0M | $2.6M | $1.7M | $478K | — | — |
| 2021 | $2.7M | $2.5M | $1.4M | $568K | — | View 990 |
| 2020 | $2.6M | $2.5M | $904K | $216K | — | — |
| 2019 | $2.3M | $2.2M | $802K | $278K | — | View 990 |
| 2018 | $2.2M | $2.0M | $668K | $219K | — | View 990 |
| 2017 | $2.3M | $2.1M | $587K | $268K | — | — |
| 2016 | $2.2M | $2.2M | $557K | $386K | — | View 990 |
| 2015 | $2.1M | $2.1M | $474K | $351K | — | View 990 |
| 2014 | $2.1M | $2.1M | $388K | $217K | — | View 990 |
| 2013 | $2.0M | $2.0M | $505K | $333K | — | View 990 |
| 2012 | $1.9M | $1.9M | $524K | $364K | — | View 990 |
| 2011 | $1.7M | $1.8M | $363K | $225K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.8M, and assets of $2.3M (revenue +3.5% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.6M, and assets of $1.7M (revenue +10.7% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.5M, and assets of $1.4M (revenue +2.0% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.5M, and assets of $904K (revenue +15.9% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $802K (revenue +4.4% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $668K (revenue -4.0% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.1M, and assets of $587K (revenue +1.6% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $557K (revenue +7.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.1M, and assets of $474K (revenue -0.1% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.1M, and assets of $388K (revenue +2.4% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $505K (revenue +7.8% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $524K (revenue +9.5% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.8M, and assets of $363K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aggateway Corporation:
Data Sources and Methodology
This transparency report for Aggateway Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.