Gateway Foundation Inc
EIN: 30306016 · Brattleboro, VT
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $20K |
| Net Assets | $403K |
Is Gateway Foundation 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 Foundation Inc
Gateway Foundation Inc (EIN: 30306016) is a nonprofit organization based in Brattleboro, VT. The organization reported total revenue of $85K and total assets of $466K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gateway Foundation Inc is a micro nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $20K |
| Surplus / Deficit | +$237 |
| Total Assets | $424K |
| Total Liabilities | $20K |
| Net Assets | $403K |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 259.6 months |
Financial Health Grade: A
In 2024, Gateway Foundation Inc reported a surplus of $237 with revenue exceeding expenses, holds 259.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Gateway Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +116.4% | -7.8% | +14.4% |
| 2023 | -84.2% | -2.3% | +9.8% |
| 2022 | +111.4% | +1.3% | -16.2% |
| 2021 | +65.5% | +11.1% | +27.2% |
| 2020 | -39.1% | -14.8% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gateway Foundation 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 Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $237, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about Gateway Foundation Inc
Is Gateway Foundation Inc a legitimate charity?
Gateway Foundation Inc (EIN: 30306016) is a registered tax-exempt nonprofit based in Vermont. It has 13 years of IRS 990 filings on record. Total revenue: $85K. No red flags identified. Financial health grade: A.
How does Gateway Foundation Inc spend its money?
Gateway Foundation Inc reported $85K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gateway Foundation Inc tax-deductible?
Gateway Foundation Inc is registered as a tax-exempt nonprofit (EIN: 30306016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gateway Foundation Inc located?
Gateway Foundation Inc is headquartered in Brattleboro, Vermont and files with the IRS under EIN 30306016.
How many years of IRS 990 filings does Gateway Foundation Inc have?
Gateway Foundation Inc 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 $85K in total revenue.
Filing History
IRS 990 filing history for Gateway Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Gateway Foundation Inc's revenue has grown by 32.4%, moving from $15K to $20K. Total assets increased by 77.9% over the same period, from $238K to $424K. Total functional expenses rose by 37.8%, from $14K to $20K. In its most recent filing year (2024), Gateway Foundation Inc reported a surplus of $237, with revenue exceeding expenses. The organization holds $20K in liabilities against $424K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $403K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $20K | $20K | $424K | $20K | — | — |
| 2023 | $9K | $21K | $370K | $16K | — | — |
| 2022 | $58K | $22K | $337K | $17K | — | View 990 |
| 2021 | $27K | $21K | $402K | $14K | — | — |
| 2020 | $17K | $19K | $317K | $18K | — | View 990 |
| 2019 | $27K | $23K | $341K | $18K | — | View 990 |
| 2018 | $31K | $21K | $326K | $17K | — | — |
| 2017 | $32K | $18K | $311K | $14K | — | View 990 |
| 2016 | $20K | $23K | $291K | $18K | — | View 990 |
| 2015 | $35K | $22K | $309K | $18K | — | View 990 |
| 2014 | $27K | $20K | $319K | $23K | — | View 990 |
| 2013 | $53K | $19K | $282K | $17K | — | View 990 |
| 2012 | $15K | $14K | $238K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $20K, expenses of $20K, and assets of $424K (revenue +116.4% year-over-year).
- 2023: Revenue of $9K, expenses of $21K, and assets of $370K (revenue -84.2% year-over-year).
- 2022: Revenue of $58K, expenses of $22K, and assets of $337K (revenue +111.4% year-over-year).
- 2021: Revenue of $27K, expenses of $21K, and assets of $402K (revenue +65.5% year-over-year).
- 2020: Revenue of $17K, expenses of $19K, and assets of $317K (revenue -39.1% year-over-year).
- 2019: Revenue of $27K, expenses of $23K, and assets of $341K (revenue -12.0% year-over-year).
- 2018: Revenue of $31K, expenses of $21K, and assets of $326K (revenue -4.6% year-over-year).
- 2017: Revenue of $32K, expenses of $18K, and assets of $311K (revenue +62.0% year-over-year).
- 2016: Revenue of $20K, expenses of $23K, and assets of $291K (revenue -43.2% year-over-year).
- 2015: Revenue of $35K, expenses of $22K, and assets of $309K (revenue +33.3% year-over-year).
- 2014: Revenue of $27K, expenses of $20K, and assets of $319K (revenue -49.8% year-over-year).
- 2013: Revenue of $53K, expenses of $19K, and assets of $282K (revenue +252.8% year-over-year).
- 2012: Revenue of $15K, expenses of $14K, and assets of $238K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gateway Foundation Inc:
Data Sources and Methodology
This transparency report for Gateway Foundation 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.