Gates Of Freedom
EIN: 272422482 · Enumclaw, WA · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $252K |
| Total Expenses | $212K |
| Net Assets | $946K |
Is Gates Of Freedom Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gates Of Freedom
Gates Of Freedom (EIN: 272422482) is a nonprofit organization based in Enumclaw, WA, classified under NTEE code P30. The organization reported total revenue of $252K and total assets of $946K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gates Of Freedom's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gates Of Freedom is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $212K |
| Surplus / Deficit | $-9,467 |
| Total Assets | $946K |
| Net Assets | $946K |
| Operating Margin | -4.7% |
| Months of Reserves | 53.6 months |
Financial Health Grade: B
In 2023, Gates Of Freedom reported a deficit of $9K with expenses exceeding revenue, holds 53.6 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Gates Of Freedom's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +19.2% | -1.0% |
| 2022 | -31.8% | +14.6% | +0.5% |
| 2021 | +21.3% | +28.2% | +10.3% |
| 2020 | +14.8% | -16.2% | +0.6% |
| 2019 | +19.9% | +10.5% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gates Of Freedom has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gates Of Freedom with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Frequently Asked Questions about Gates Of Freedom
Is Gates Of Freedom a legitimate charity?
Based on AI analysis of IRS 990 filings, Gates Of Freedom (EIN: 272422482) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gates Of Freedom spend its money?
Detailed spending breakdown data is not yet available for Gates Of Freedom. Check back for updated IRS 990 analysis.
Are donations to Gates Of Freedom tax-deductible?
Gates Of Freedom is registered as a tax-exempt nonprofit (EIN: 272422482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gates Of Freedom located?
Gates Of Freedom is headquartered in Enumclaw, Washington and files with the IRS under EIN 272422482. It is classified under NTEE code P30.
How many years of IRS 990 filings does Gates Of Freedom have?
Gates Of Freedom has 11 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 $252K in total revenue.
Filing History
IRS 990 filing history for Gates Of Freedom showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Gates Of Freedom's revenue has declined by 17.7%, moving from $246K to $202K. Total assets increased by 188.3% over the same period, from $328K to $946K. Total functional expenses rose by 99%, from $107K to $212K. In its most recent filing year (2023), Gates Of Freedom reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $212K | $946K | $0 | — | — |
| 2022 | $183K | $178K | $955K | $0 | — | View 990 |
| 2021 | $268K | $155K | $951K | $0 | — | View 990 |
| 2020 | $221K | $121K | $862K | $24K | — | View 990 |
| 2019 | $192K | $145K | $857K | $118K | — | View 990 |
| 2018 | $160K | $131K | $876K | $184K | — | View 990 |
| 2017 | $207K | $144K | $897K | $235K | — | View 990 |
| 2016 | $237K | $116K | $855K | $256K | — | View 990 |
| 2015 | $176K | $122K | $527K | $50K | — | View 990 |
| 2014 | $242K | $136K | $474K | $50K | — | View 990 |
| 2013 | $246K | $107K | $328K | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $212K, and assets of $946K (revenue +10.9% year-over-year).
- 2022: Revenue of $183K, expenses of $178K, and assets of $955K (revenue -31.8% year-over-year).
- 2021: Revenue of $268K, expenses of $155K, and assets of $951K (revenue +21.3% year-over-year).
- 2020: Revenue of $221K, expenses of $121K, and assets of $862K (revenue +14.8% year-over-year).
- 2019: Revenue of $192K, expenses of $145K, and assets of $857K (revenue +19.9% year-over-year).
- 2018: Revenue of $160K, expenses of $131K, and assets of $876K (revenue -22.6% year-over-year).
- 2017: Revenue of $207K, expenses of $144K, and assets of $897K (revenue -12.7% year-over-year).
- 2016: Revenue of $237K, expenses of $116K, and assets of $855K (revenue +35.0% year-over-year).
- 2015: Revenue of $176K, expenses of $122K, and assets of $527K (revenue -27.5% year-over-year).
- 2014: Revenue of $242K, expenses of $136K, and assets of $474K (revenue -1.6% year-over-year).
- 2013: Revenue of $246K, expenses of $107K, and assets of $328K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gates Of Freedom:
Data Sources and Methodology
This transparency report for Gates Of Freedom 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.