Gateway Inc
Gateway Inc. consistently reports 0% officer compensation amidst growing revenues, but recent filings show no assets or liabilities.
EIN: 203900775 · Wetumpka, AL · NTEE: P40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $428K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $600,000 |
| Transparency Score | 75/100 |
Is Gateway Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gateway Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gateway Inc
Gateway Inc (EIN: 203900775) is a nonprofit organization based in Wetumpka, AL, classified under NTEE code P40. The organization reported total revenue of $1.1M and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gateway Inc is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $654K |
| Total Expenses | $428K |
| Surplus / Deficit | +$226K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 34.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2022, Gateway Inc reported a surplus of $226K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2022), Gateway Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +9.1% | -10.6% | — |
| 2021 | +12.7% | -5.1% | — |
| 2020 | -6.2% | +4.6% | — |
| 2019 | -0.7% | +63.7% | — |
| 2018 | +6.8% | -29.2% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gateway Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gateway Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $226K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with revenues exceeding $600,000 and suggests a volunteer-led leadership or compensation handled by a related entity.
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 Gateway Inc's IRS 990 filings:
- Consistent reporting of $0 assets and liabilities in recent years (2018-2022) for an organization with significant revenue.
- Lack of any reported officer compensation, which is unusual for an organization of this size and revenue, potentially indicating undisclosed compensation sources or an entirely volunteer-run structure that may not be sustainable long-term.
Strengths
The following positive indicators were identified for Gateway Inc:
- Consistent revenue growth over the past decade, indicating increasing support and operational capacity.
- Extremely low administrative overhead, as evidenced by 0% officer compensation, suggesting a strong focus on program delivery.
- Positive net income in most recent years (e.g., $653,718 revenue vs. $427,723 expenses in 2022), indicating financial stability and ability to build reserves (though not reflected in reported assets).
Frequently Asked Questions about Gateway Inc
Is Gateway Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gateway Inc (EIN: 203900775) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Gateway Inc spend its money?
Gateway Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gateway Inc tax-deductible?
Gateway Inc is registered as a tax-exempt nonprofit (EIN: 203900775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gateway Inc CEO make?
Gateway Inc's highest-compensated officer earns $600,000 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gateway Inc's spending goes to programs?
Gateway Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gateway Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Gateway Inc is above average for NTEE category P40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gateway Inc located?
Gateway Inc is headquartered in Wetumpka, Alabama and files with the IRS under EIN 203900775. It is classified under NTEE code P40.
How many years of IRS 990 filings does Gateway Inc have?
Gateway Inc has 12 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 $1.1M in total revenue.
How does Gateway Inc. manage its assets and liabilities, given that recent filings report $0 for both?
The consistent reporting of $0 in assets and liabilities from 2018-2022 is unusual for an organization with revenues over $600,000. This could imply that assets are held by a related entity, or that the organization operates on a very immediate cash-flow basis without significant reserves or long-term debt. Further clarification from the organization would be needed to understand its financial structure.
Who leads Gateway Inc. if no officer compensation is reported?
The 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key personnel is provided by a separate, related entity. This is a significant indicator of a lean operational model focused on mission delivery.
What is the primary use of funds given the revenue growth and low expenses?
With revenues growing to $653,718 in 2022 and expenses at $427,723, Gateway Inc. appears to have a healthy surplus. Given the NTEE code P40 (Housing, Shelter), it's likely that the majority of funds are directed towards program services related to providing housing and shelter, though specific program expense breakdowns are not provided in the summary data.
Filing History
IRS 990 filing history for Gateway Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Gateway Inc's revenue has grown by 669.3%, moving from $85K to $654K. Total assets decreased by 100% over the same period, from $85K to $0. Total functional expenses rose by 491.1%, from $72K to $428K. In its most recent filing year (2022), Gateway Inc reported a surplus of $226K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $654K | $428K | $0 | $0 | — | — |
| 2021 | $599K | $479K | $0 | $0 | — | View 990 |
| 2020 | $532K | $505K | $0 | $0 | — | — |
| 2019 | $567K | $483K | $0 | $0 | — | View 990 |
| 2018 | $571K | $295K | $0 | $0 | — | View 990 |
| 2017 | $534K | $416K | $474K | $474K | — | View 990 |
| 2016 | $352K | $238K | $307K | $307K | — | View 990 |
| 2015 | $83K | $77K | $83K | $83K | — | View 990 |
| 2014 | $86K | $67K | $86K | $86K | — | View 990 |
| 2013 | $67K | $84K | $63K | $63K | — | View 990 |
| 2012 | $67K | $76K | $67K | $76K | — | View 990 |
| 2011 | $85K | $72K | $85K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $654K, expenses of $428K, and assets of $0 (revenue +9.1% year-over-year).
- 2021: Revenue of $599K, expenses of $479K, and assets of $0 (revenue +12.7% year-over-year).
- 2020: Revenue of $532K, expenses of $505K, and assets of $0 (revenue -6.2% year-over-year).
- 2019: Revenue of $567K, expenses of $483K, and assets of $0 (revenue -0.7% year-over-year).
- 2018: Revenue of $571K, expenses of $295K, and assets of $0 (revenue +6.8% year-over-year).
- 2017: Revenue of $534K, expenses of $416K, and assets of $474K (revenue +51.8% year-over-year).
- 2016: Revenue of $352K, expenses of $238K, and assets of $307K (revenue +322.3% year-over-year).
- 2015: Revenue of $83K, expenses of $77K, and assets of $83K (revenue -2.7% year-over-year).
- 2014: Revenue of $86K, expenses of $67K, and assets of $86K (revenue +27.6% year-over-year).
- 2013: Revenue of $67K, expenses of $84K, and assets of $63K (revenue +0.4% year-over-year).
- 2012: Revenue of $67K, expenses of $76K, and assets of $67K (revenue -21.3% year-over-year).
- 2011: Revenue of $85K, expenses of $72K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gateway Inc:
Data Sources and Methodology
This transparency report for Gateway 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.