Airport Gateway Business Association

Airport Gateway Business Association maintains stable, near break-even operations with no reported officer compensation.

EIN: 203082357 · Milwaukee, WI · NTEE: S41 · Updated: 2026-03-28

$228KRevenue
$94KAssets
85/100Mission Score (Excellent)
S41
Airport Gateway Business Association Financial Summary
MetricValue
Total Revenue$228K
Total Expenses$219K
Program Spending80%
Net Assets$3K
Transparency Score85/100

Is Airport Gateway Business Association Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Airport Gateway Business Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Airport Gateway Business Association

Airport Gateway Business Association (EIN: 203082357) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code S41. The organization reported total revenue of $228K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Airport Gateway Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Airport Gateway Business Association is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$219K
Total Expenses$219K
Surplus / Deficit$-118
Total Assets$102K
Total Liabilities$98K
Net Assets$3K
Operating Margin-0.1%
Debt-to-Asset Ratio96.7%
Months of Reserves5.6 months

Financial Health Grade: C

In 2023, Airport Gateway Business Association reported a deficit of $118 with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 96.7% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Airport Gateway Business Association's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+13.9%+13.3%+633.7%
2022-5.1%-6.4%+14.1%
2021-6.4%-7.0%-10.1%
2020+11.6%+12.0%-5.3%
2019+9.7%+11.9%-30.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Airport Gateway Business Association demonstrates consistent operational activity with revenues and expenses closely matched over the past decade, indicating a stable, albeit lean, financial model. For the 202312 period, the organization reported revenues of $218,796 against expenses of $218,914, showing a near break-even operation. While the organization's assets have fluctuated, a notable increase in assets to $101,862 in 202312 from $13,884 in 202212, alongside a corresponding rise in liabilities to $98,474, suggests a significant change in its financial structure, possibly related to new initiatives or asset acquisition. The organization's spending efficiency appears to be focused on its mission, as indicated by the absence of reported officer compensation across all available filings, which suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation. This can be a positive indicator of resources being directed towards programs. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent near break-even financial performance over many years, with expenses often slightly exceeding revenue, suggests a tight budget management approach.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Airport Gateway Business Association with a Mission Score of 85 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Airport Gateway Business Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$219KTotal Revenue
$219KTotal Expenses
$102KTotal Assets
$98KTotal Liabilities
$3KNet Assets
  • The organization reported a deficit of $118, with expenses exceeding revenue.
  • Debt-to-asset ratio: 96.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either uncompensated or compensated in a manner not classified as officer compensation on the 990, which is highly unusual for an organization of this revenue size and suggests a volunteer-driven leadership model.

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 Airport Gateway Business Association's IRS 990 filings:

  • Consistent minor deficits (expenses slightly exceeding revenue) over multiple years, which could erode reserves over time if not managed.
  • Significant increase in liabilities in 202312 ($98,474) without clear explanation in the provided data, warranting further investigation into the nature of these liabilities.

Strengths

The following positive indicators were identified for Airport Gateway Business Association:

  • No reported officer compensation across all filings, indicating a highly volunteer-driven or efficiently compensated leadership.
  • Consistent operational activity and revenue generation over a long period (13 filings), demonstrating stability.
  • Near break-even financial performance, suggesting prudent financial management and efficient use of resources.
  • Significant increase in assets in 202312, potentially indicating investment in organizational capacity or mission-related assets.

Frequently Asked Questions about Airport Gateway Business Association

Is Airport Gateway Business Association a legitimate charity?

Airport Gateway Business Association (EIN: 203082357) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $228K. 2 red flags identified. 4 strengths noted. Financial health grade: C.

How does Airport Gateway Business Association spend its money?

Airport Gateway Business Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Airport Gateway Business Association tax-deductible?

Airport Gateway Business Association is registered as a tax-exempt nonprofit (EIN: 203082357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Airport Gateway Business Association's spending goes to programs?

Airport Gateway Business Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Airport Gateway Business Association compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Airport Gateway Business Association 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 Airport Gateway Business Association located?

Airport Gateway Business Association is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 203082357. It is classified under NTEE code S41.

How many years of IRS 990 filings does Airport Gateway Business Association have?

Airport Gateway Business Association 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 $228K in total revenue.

Is Airport Gateway Business Association a good charity?

Based on the available data, the organization appears to be fiscally responsible with consistent near break-even operations and no reported officer compensation, suggesting a strong commitment to its mission and efficient use of funds. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture.

What caused the significant increase in assets and liabilities in 2023?

In 202312, assets increased to $101,862 from $13,884 in 202212, with liabilities also rising significantly to $98,474 from $10,378. This substantial change suggests a potential asset acquisition, such as property or equipment, financed by debt, or a change in accounting for certain funds.

How does the organization sustain operations with expenses often exceeding revenue?

While expenses frequently slightly exceed revenue (e.g., 202312: $218,914 expenses vs. $218,796 revenue), the differences are generally small. The organization likely manages this through careful budgeting, drawing on small reserves, or timing differences in revenue recognition and expense payment. The overall stability over many years suggests a sustainable model despite these minor annual deficits.

What are the primary sources of revenue for the organization?

The filings indicate consistent revenue streams, with the latest reported revenue at $228,260. Without specific line-item details from the 990, it's difficult to pinpoint exact sources, but for a business association, typical sources include membership dues, event fees, sponsorships, and potentially grants.

Filing History

IRS 990 filing history for Airport Gateway Business Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Airport Gateway Business Association's revenue has grown by 74.7%, moving from $125K to $219K. Total assets increased by 466.2% over the same period, from $18K to $102K. Total functional expenses rose by 53.7%, from $142K to $219K. In its most recent filing year (2023), Airport Gateway Business Association reported a deficit of $118, with expenses exceeding revenue. The organization holds $98K in liabilities against $102K in assets (debt-to-asset ratio: 96.7%), resulting in net assets of $3K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $219K $219K $102K $98K
2022 $192K $193K $14K $10K View 990
2021 $202K $207K $12K $8K View 990
2020 $216K $222K $14K $5K View 990
2019 $194K $198K $14K $65 View 990
2018 $177K $177K $20K $2K View 990
2017 $178K $176K $24K $5K View 990
2016 $152K $184K $19K $89 View 990
2015 $196K $156K $58K $8K View 990
2014 $194K $188K $15K $4K View 990
2013 $166K $160K $27K $23K View 990
2012 $157K $172K $4K $5K View 990
2011 $125K $142K $18K $5K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $219K, expenses of $219K, and assets of $102K (revenue +13.9% year-over-year).
  • 2022: Revenue of $192K, expenses of $193K, and assets of $14K (revenue -5.1% year-over-year).
  • 2021: Revenue of $202K, expenses of $207K, and assets of $12K (revenue -6.4% year-over-year).
  • 2020: Revenue of $216K, expenses of $222K, and assets of $14K (revenue +11.6% year-over-year).
  • 2019: Revenue of $194K, expenses of $198K, and assets of $14K (revenue +9.7% year-over-year).
  • 2018: Revenue of $177K, expenses of $177K, and assets of $20K (revenue -0.5% year-over-year).
  • 2017: Revenue of $178K, expenses of $176K, and assets of $24K (revenue +17.1% year-over-year).
  • 2016: Revenue of $152K, expenses of $184K, and assets of $19K (revenue -22.8% year-over-year).
  • 2015: Revenue of $196K, expenses of $156K, and assets of $58K (revenue +1.2% year-over-year).
  • 2014: Revenue of $194K, expenses of $188K, and assets of $15K (revenue +16.8% year-over-year).
  • 2013: Revenue of $166K, expenses of $160K, and assets of $27K (revenue +5.5% year-over-year).
  • 2012: Revenue of $157K, expenses of $172K, and assets of $4K (revenue +25.8% year-over-year).
  • 2011: Revenue of $125K, expenses of $142K, and assets of $18K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Airport Gateway Business Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Airport Gateway Business Association 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.

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