Gatekeepers Corporation

Nonprofit profile at a glance

EIN
841917891
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Hagerstown, MD, USA
Phone
8145744354
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Crime, Legal Related N.E.C.

Official website

Reported finances

Revenue
$671,730
Expenses
$549,937
Assets
$339,652
Liabilities
$24,688

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

Leadership & pay

10 people listed

Highest reported compensation

  • BILL GAERTNER (EXECUTIVE DI): $21,787 total reported compensation
  • SETH DODSON (DIRECTOR): $15,140 total reported compensation

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

Overview

Mission

Gatekeepers corporation is a highly regarded re-entry program helping inmates and ex-offenders improve their lives. The organization serves about 350 individuals annually, providing inside the walls mentoring, immediate emergency assistance upon release, and its three-month business of living program for those ex-offenders who want to build a life they never had.

What it reported doing in 2024

Immediate emergency assistance - provides provisions for essential needs such as food, clothing, and shelter to inmates being released from prison. 15 newly released inmates are assisted each month. Gatekeepers uses both its own resources and also those of local social services providers to carry out this program.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 94
  • Accountability: 61
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.3%; rating input score 70
  • Program expense ratio: 85.6%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 18.1%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 0.62; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 22.4% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 46.7% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 45.3% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 70.3% of revenue deployed · 85.6% of spending went to programs
  • Governance: 8 of 9 board members independent · 2 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $471K in reported program spending
  • Leadership: top reported pay $22K · 10 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Governance controls: 6 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.