247 Gateway Llc

Nonprofit profile at a glance

EIN
261193832
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Atlanta, GA, USA
Phone
4042156600
Rating confidence
Limited
Sector
Homeless Shelters

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • Raphael Holloway (Chief Executive Officer)

Highest reported compensation

  • Raphael Holloway (Chief Executive Officer): $224,145 total reported compensation
  • Monique Williams (Chief Financial Officer): $137,675 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The gateway center works to end homelessness, and particularly chronic homelessness, by providing the support and framework people need to achieve self-sufficiency. Through therapeutic programs and services, gateway helps homeless individuals in metro atlanta move into transitional and permanent housing. The core mission of the gateway center is to provide a supportive and compassionate setting where individuals can receive the tools, programs, and services they need to end their homelessness.

What it reported doing in 2024

The Veterans Grant Per Diem (GPD) Program includes three housing models: Service Intensive Transitional Housing (SITH)-formerly the Veterans Transitional Housing Program (VTHP), Veterans Bridge to Housing and Veterans Low Demand. Service Intensive Transitional Housing (SITH) offers beds for up to two years and provides comprehensive, structured support for Veterans working toward stability. Veterans Bridge to Housing provides short term transitional housing for Veterans awaiting placement in permanent housing. Veterans Low Demand serves Veterans who may not be successful in traditional, highly structured programs and instead offers a low barrier, harm reduction approach. The GPD Program is funded by the U.S. Department of Veterans Affairs and requires referrals through Atlanta VA Health Care System. All guests receive case management and are connected to medical care, mental health and substance use services, benefits assistance, employment support, and housing resources.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 49
  • Accountability: 91
  • Sustainability: NotEnoughData
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 81.2%; rating input score 81; 3rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: -2.3% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 18 of 18 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $224K · 20 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.