Gateways Organization Inc
Gateways Organization Inc. shows strong program spending efficiency but lacks executive compensation transparency.
EIN: 133984085 · Monsey, NY · NTEE: X21 · Updated: 2026-03-28
About Gateways Organization Inc
Gateways Organization Inc (EIN: 133984085) is a nonprofit organization based in Monsey, NY, classified under NTEE code X21. The organization reported total revenue of $14.3M and total assets of $35.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateways Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gateways Organization Inc with a Mission Score of 80 out of 100 (Excellent). 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, Gateways Organization 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.
Executive Compensation Analysis
No officer compensation has been reported across all available IRS 990 filings, which is unusual for an organization with annual revenues exceeding $14 million. This lack of disclosure could indicate that executives are unpaid volunteers, or their compensation is categorized differently, which reduces transparency.
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 Gateways Organization Inc's IRS 990 filings:
- No officer compensation reported across all filings, raising transparency concerns about executive pay.
- Significant increase in liabilities alongside asset growth, from $3,844,703 in 2016 to $20,176,691 in 2023, warrants further investigation into the nature of these liabilities.
Strengths
The following positive indicators were identified for Gateways Organization Inc:
- Strong program spending ratio, indicating efficient use of funds for its mission.
- Consistent revenue growth over the past decade, demonstrating financial sustainability.
- Healthy asset base of $30,669,047 in 2023, providing financial stability.
Frequently Asked Questions about Gateways Organization Inc
Is Gateways Organization Inc. a good charity?
Based on its high program spending ratio and consistent revenue growth, Gateways Organization Inc. appears to be an effective charity in terms of delivering on its mission. However, the lack of reported executive compensation is a transparency concern.
How has Gateways Organization Inc.'s revenue trended over time?
Gateways Organization Inc. has shown significant revenue growth, from $4,933,545 in 2014 to $15,198,237 in 2023, with a notable dip in 2020 ($1,795,577) which recovered strongly.
What is the organization's asset-to-liability ratio?
In 2023, Gateways Organization Inc. had assets of $30,669,047 and liabilities of $20,176,691, resulting in an asset-to-liability ratio of approximately 1.52:1. This indicates that assets comfortably cover liabilities, though liabilities represent a significant portion of assets.
Filing History
IRS 990 filing history for Gateways Organization Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gateways Organization Inc's revenue has grown by 128.4%, moving from $6.7M to $15.2M. Total assets increased by 304.1% over the same period, from $7.6M to $30.7M. Total functional expenses rose by 159.6%, from $5.7M to $14.9M. In its most recent filing year (2023), Gateways Organization Inc reported a surplus of $297K, with revenue exceeding expenses. The organization holds $20.2M in liabilities against $30.7M in assets (debt-to-asset ratio: 65.8%), resulting in net assets of $10.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $15.2M | $14.9M | $30.7M | $20.2M | — | — |
| 2022 | $14.0M | $13.2M | $29.6M | $19.4M | — | View 990 |
| 2021 | $11.8M | $9.4M | $26.2M | $16.8M | — | View 990 |
| 2020 | $1.8M | $3.4M | $22.9M | $15.9M | — | View 990 |
| 2019 | $12.1M | $11.3M | $23.5M | $15.0M | — | View 990 |
| 2018 | $8.5M | $7.3M | $23.1M | $15.3M | — | View 990 |
| 2017 | $7.5M | $6.9M | $21.9M | $15.3M | — | View 990 |
| 2016 | $12.9M | $11.1M | $9.8M | $3.8M | — | View 990 |
| 2015 | $4.8M | $5.6M | $8.3M | $4.1M | — | View 990 |
| 2014 | $4.9M | $5.4M | $10.5M | $5.5M | — | View 990 |
| 2013 | $5.2M | $5.4M | $11.0M | $5.5M | — | View 990 |
| 2012 | $5.9M | $5.5M | $11.5M | $5.9M | — | View 990 |
| 2011 | $6.7M | $5.7M | $7.6M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.2M, expenses of $14.9M, and assets of $30.7M (revenue +8.5% year-over-year).
- 2022: Revenue of $14.0M, expenses of $13.2M, and assets of $29.6M (revenue +19.1% year-over-year).
- 2021: Revenue of $11.8M, expenses of $9.4M, and assets of $26.2M (revenue +555.1% year-over-year).
- 2020: Revenue of $1.8M, expenses of $3.4M, and assets of $22.9M (revenue -85.1% year-over-year).
- 2019: Revenue of $12.1M, expenses of $11.3M, and assets of $23.5M (revenue +41.1% year-over-year).
- 2018: Revenue of $8.5M, expenses of $7.3M, and assets of $23.1M (revenue +13.8% year-over-year).
- 2017: Revenue of $7.5M, expenses of $6.9M, and assets of $21.9M (revenue -41.8% year-over-year).
- 2016: Revenue of $12.9M, expenses of $11.1M, and assets of $9.8M (revenue +170.9% year-over-year).
- 2015: Revenue of $4.8M, expenses of $5.6M, and assets of $8.3M (revenue -3.4% year-over-year).
- 2014: Revenue of $4.9M, expenses of $5.4M, and assets of $10.5M (revenue -5.3% year-over-year).
- 2013: Revenue of $5.2M, expenses of $5.4M, and assets of $11.0M (revenue -12.0% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.5M, and assets of $11.5M (revenue -11.1% year-over-year).
- 2011: Revenue of $6.7M, expenses of $5.7M, and assets of $7.6M.
Data Sources and Methodology
This transparency report for Gateways Organization 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.