Gateway Fund
EIN: 43366747 · Boston, MA · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $243K |
| Total Expenses | $486K |
| Net Assets | $5.3M |
Is Gateway Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gateway Fund
Gateway Fund (EIN: 43366747) is a nonprofit organization based in Boston, MA, classified under NTEE code T20Z. The organization reported total revenue of $243K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gateway Fund is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 30.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $486K |
| Surplus / Deficit | +$2.6M |
| Total Assets | $5.3M |
| Total Liabilities | $1 |
| Net Assets | $5.3M |
| Operating Margin | 84.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 131.1 months |
Financial Health Grade: A
In 2023, Gateway Fund reported a surplus of $2.6M with revenue exceeding expenses, holds 131.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Gateway Fund's revenue has grown at a compound annual growth rate (CAGR) of 30.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.8% | +86.8% | +93.9% |
| 2022 | +792.6% | -12.8% | +128.8% |
| 2021 | -7.9% | +57.1% | -7.6% |
| 2020 | -42.6% | +20.1% | +2.3% |
| 2019 | +260.7% | +19.9% | +36.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gateway Fund 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 Fund 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 $2.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Gateway Fund
Is Gateway Fund a legitimate charity?
Gateway Fund (EIN: 43366747) is a registered tax-exempt nonprofit based in Massachusetts. It has 10 years of IRS 990 filings on record. Total revenue: $243K. No red flags identified. Financial health grade: A.
How does Gateway Fund spend its money?
Gateway Fund reported $243K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gateway Fund tax-deductible?
Gateway Fund is registered as a tax-exempt nonprofit (EIN: 43366747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gateway Fund located?
Gateway Fund is headquartered in Boston, Massachusetts and files with the IRS under EIN 43366747. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Gateway Fund have?
Gateway Fund has 10 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 $243K in total revenue.
Filing History
IRS 990 filing history for Gateway Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gateway Fund's revenue has grown by 2374.4%, moving from $123K to $3.1M. Total assets increased by 561.8% over the same period, from $802K to $5.3M. Total functional expenses rose by 538.2%, from $76K to $486K. In its most recent filing year (2023), Gateway Fund reported a surplus of $2.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $486K | $5.3M | $1 | — | View 990 |
| 2022 | $1.8M | $260K | $2.7M | $1 | — | View 990 |
| 2021 | $202K | $298K | $1.2M | $1 | — | — |
| 2020 | $219K | $190K | $1.3M | $1 | — | — |
| 2019 | $381K | $158K | $1.3M | $1 | — | View 990 |
| 2015 | $106K | $132K | $925K | $1 | — | View 990 |
| 2014 | $64K | $93K | $951K | $0 | — | View 990 |
| 2013 | $40K | $82K | $980K | $1 | — | View 990 |
| 2012 | $61K | $82K | $781K | $1 | — | View 990 |
| 2011 | $123K | $76K | $802K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $486K, and assets of $5.3M (revenue +69.8% year-over-year).
- 2022: Revenue of $1.8M, expenses of $260K, and assets of $2.7M (revenue +792.6% year-over-year).
- 2021: Revenue of $202K, expenses of $298K, and assets of $1.2M (revenue -7.9% year-over-year).
- 2020: Revenue of $219K, expenses of $190K, and assets of $1.3M (revenue -42.6% year-over-year).
- 2019: Revenue of $381K, expenses of $158K, and assets of $1.3M (revenue +260.7% year-over-year).
- 2015: Revenue of $106K, expenses of $132K, and assets of $925K (revenue +65.7% year-over-year).
- 2014: Revenue of $64K, expenses of $93K, and assets of $951K (revenue +57.7% year-over-year).
- 2013: Revenue of $40K, expenses of $82K, and assets of $980K (revenue -33.8% year-over-year).
- 2012: Revenue of $61K, expenses of $82K, and assets of $781K (revenue -50.6% year-over-year).
- 2011: Revenue of $123K, expenses of $76K, and assets of $802K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gateway Fund:
Data Sources and Methodology
This transparency report for Gateway Fund 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.