Gateway Boarding Academy Inc
EIN: 473735096 · Suitland, MD · NTEE: B28
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $86K |
| Net Assets | $59K |
Is Gateway Boarding Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gateway Boarding Academy Inc
Gateway Boarding Academy Inc (EIN: 473735096) is a nonprofit organization based in Suitland, MD, classified under NTEE code B28. The organization reported total revenue of $110K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Boarding Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gateway Boarding Academy Inc is a small nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $86K |
| Surplus / Deficit | +$778 |
| Total Assets | $59K |
| Net Assets | $59K |
| Operating Margin | 0.9% |
| Months of Reserves | 8.2 months |
Financial Health Grade: A
In 2023, Gateway Boarding Academy Inc reported a surplus of $778 with revenue exceeding expenses, holds 8.2 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Gateway Boarding Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +1.5% | +1.3% |
| 2022 | +73.1% | +42.4% | +7.9% |
| 2021 | -8.3% | +39.8% | -13.1% |
| 2020 | -25.1% | -21.3% | +27.7% |
| 2019 | +73.4% | +45.4% | +123.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gateway Boarding Academy Inc 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 Gateway Boarding Academy Inc 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 surplus of $778, with revenue exceeding expenses.
Frequently Asked Questions about Gateway Boarding Academy Inc
Is Gateway Boarding Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gateway Boarding Academy Inc (EIN: 473735096) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gateway Boarding Academy Inc spend its money?
Detailed spending breakdown data is not yet available for Gateway Boarding Academy Inc. Check back for updated IRS 990 analysis.
Are donations to Gateway Boarding Academy Inc tax-deductible?
Gateway Boarding Academy Inc is registered as a tax-exempt nonprofit (EIN: 473735096). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gateway Boarding Academy Inc located?
Gateway Boarding Academy Inc is headquartered in Suitland, Maryland and files with the IRS under EIN 473735096. It is classified under NTEE code B28.
How many years of IRS 990 filings does Gateway Boarding Academy Inc have?
Gateway Boarding Academy Inc has 7 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 $110K in total revenue.
Filing History
IRS 990 filing history for Gateway Boarding Academy Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Gateway Boarding Academy Inc's revenue has grown by 54.2%, moving from $57K to $87K. Total assets increased by 273.1% over the same period, from $16K to $59K. Total functional expenses rose by 105.8%, from $42K to $86K. In its most recent filing year (2023), Gateway Boarding Academy Inc reported a surplus of $778, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $86K | $59K | $0 | — | View 990 |
| 2022 | $89K | $85K | $59K | $0 | — | View 990 |
| 2021 | $52K | $60K | $54K | $0 | — | View 990 |
| 2020 | $56K | $43K | $62K | $0 | — | View 990 |
| 2019 | $75K | $54K | $49K | $0 | — | View 990 |
| 2018 | $43K | $37K | $22K | $0 | — | View 990 |
| 2017 | $57K | $42K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $86K, and assets of $59K (revenue -2.5% year-over-year).
- 2022: Revenue of $89K, expenses of $85K, and assets of $59K (revenue +73.1% year-over-year).
- 2021: Revenue of $52K, expenses of $60K, and assets of $54K (revenue -8.3% year-over-year).
- 2020: Revenue of $56K, expenses of $43K, and assets of $62K (revenue -25.1% year-over-year).
- 2019: Revenue of $75K, expenses of $54K, and assets of $49K (revenue +73.4% year-over-year).
- 2018: Revenue of $43K, expenses of $37K, and assets of $22K (revenue -23.3% year-over-year).
- 2017: Revenue of $57K, expenses of $42K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gateway Boarding Academy Inc:
Data Sources and Methodology
This transparency report for Gateway Boarding Academy Inc 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.