Narrow Gate Foundation
Narrow Gate Foundation shows consistent growth and no reported officer compensation over a decade.
EIN: 201748295 · Williamsport, TN · NTEE: P50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $3.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.3M |
| Transparency Score | 92/100 |
Is Narrow Gate Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Narrow Gate Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Narrow Gate Foundation
Narrow Gate Foundation (EIN: 201748295) is a nonprofit organization based in Williamsport, TN, classified under NTEE code P50. The organization reported total revenue of $4.6M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Narrow Gate Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Narrow Gate Foundation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-166,907 |
| Total Assets | $1.8M |
| Total Liabilities | $543K |
| Net Assets | $1.3M |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 29.9% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, Narrow Gate Foundation reported a deficit of $167K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 29.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Narrow Gate Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.3% | +8.2% | -3.9% |
| 2022 | +7.3% | +16.2% | +3.2% |
| 2021 | +4.6% | +10.1% | +19.7% |
| 2020 | +27.3% | +24.5% | +28.1% |
| 2019 | +24.9% | +16.2% | +28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Narrow Gate Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Narrow Gate Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $167K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.9%.
Executive Compensation Analysis
Narrow Gate Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer categories, which is highly unusual for an organization of its size (over $3 million in annual revenue).
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 Narrow Gate Foundation's IRS 990 filings:
- Consistent 0% officer compensation for an organization with over $3M in revenue, which is highly unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Narrow Gate Foundation:
- Consistent revenue growth over a decade, from $1,084,936 in 2014 to $3,327,484 in 2023.
- Significant asset growth, from $426,253 in 2014 to $1,818,478 in 2023, indicating strong financial management.
- Low liabilities relative to assets, suggesting financial stability (e.g., $543,053 liabilities vs. $1,818,478 assets in 2023).
- No reported officer compensation across all 13 filings, suggesting a strong commitment to directing resources to mission or a unique operational structure.
- Consistent IRS 990 filing history (13 filings), demonstrating strong transparency and compliance.
Frequently Asked Questions about Narrow Gate Foundation
Is Narrow Gate Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Narrow Gate Foundation (EIN: 201748295) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Narrow Gate Foundation spend its money?
Narrow Gate Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Narrow Gate Foundation tax-deductible?
Narrow Gate Foundation is registered as a tax-exempt nonprofit (EIN: 201748295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Narrow Gate Foundation CEO make?
Narrow Gate Foundation's highest-compensated officer earns $3 annually. The organization reported $4.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Narrow Gate Foundation's spending goes to programs?
Narrow Gate Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Narrow Gate Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Narrow Gate Foundation is above average for NTEE category P50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Narrow Gate Foundation located?
Narrow Gate Foundation is headquartered in Williamsport, Tennessee and files with the IRS under EIN 201748295. It is classified under NTEE code P50.
How many years of IRS 990 filings does Narrow Gate Foundation have?
Narrow Gate Foundation 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 $4.6M in total revenue.
How does Narrow Gate Foundation manage to operate with 0% reported officer compensation?
The provided data consistently shows 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, compensated through non-officer roles, or that compensation is covered by other entities. A deeper dive into the full 990 forms would be needed to clarify this.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these categories. A full IRS Form 990 would contain this information, allowing for a more precise assessment of spending efficiency.
Why did expenses exceed revenue in the 2023 and 2022 fiscal periods?
In 2023, expenses ($3,494,391) slightly exceeded revenue ($3,327,484), and similarly in 2022, expenses ($3,230,657) were slightly higher than revenue ($3,190,176). This could be due to strategic investments, timing differences in grants, or operational adjustments. Given the overall asset growth, these appear to be minor fluctuations rather than a systemic issue.
Filing History
IRS 990 filing history for Narrow Gate Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Narrow Gate Foundation's revenue has grown by 353.5%, moving from $734K to $3.3M. Total assets increased by 260% over the same period, from $505K to $1.8M. Total functional expenses rose by 371.6%, from $741K to $3.5M. In its most recent filing year (2023), Narrow Gate Foundation reported a deficit of $167K, with expenses exceeding revenue. The organization holds $543K in liabilities against $1.8M in assets (debt-to-asset ratio: 29.9%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.5M | $1.8M | $543K | — | — |
| 2022 | $3.2M | $3.2M | $1.9M | $451K | — | — |
| 2021 | $3.0M | $2.8M | $1.8M | $351K | — | View 990 |
| 2020 | $2.8M | $2.5M | $1.5M | $242K | — | View 990 |
| 2019 | $2.2M | $2.0M | $1.2M | $224K | — | View 990 |
| 2018 | $1.8M | $1.7M | $931K | $163K | — | View 990 |
| 2017 | $1.6M | $1.5M | $761K | $35K | — | — |
| 2016 | $1.3M | $1.3M | $652K | $13K | — | View 990 |
| 2015 | $1.4M | $1.2M | $605K | $22K | — | View 990 |
| 2014 | $1.1M | $1.2M | $426K | $10K | — | View 990 |
| 2013 | $922K | $823K | $711K | $52K | — | View 990 |
| 2012 | $765K | $652K | $616K | $55K | — | — |
| 2011 | $734K | $741K | $505K | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.5M, and assets of $1.8M (revenue +4.3% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.2M, and assets of $1.9M (revenue +7.3% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.8M, and assets of $1.8M (revenue +4.6% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.5M, and assets of $1.5M (revenue +27.3% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.0M, and assets of $1.2M (revenue +24.9% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $931K (revenue +12.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $761K (revenue +19.6% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $652K (revenue -2.4% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $605K (revenue +25.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $426K (revenue +17.7% year-over-year).
- 2013: Revenue of $922K, expenses of $823K, and assets of $711K (revenue +20.4% year-over-year).
- 2012: Revenue of $765K, expenses of $652K, and assets of $616K (revenue +4.3% year-over-year).
- 2011: Revenue of $734K, expenses of $741K, and assets of $505K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Narrow Gate Foundation:
Data Sources and Methodology
This transparency report for Narrow Gate Foundation 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.