Gateway Gives Foundation Inc
Nonprofit profile at a glance
- EIN
- 453644514
- IRS 990-EZ coverage
- 2014–2015
- Forms available
- Form 990 2013, Form 990-EZ 2015
- Location
- Fort Myers, FL, USA
- Phone
- 2397898020
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $24,664
- Expenses
- $30,712
- Assets
- $7,226
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CHARLES DOUGLAS BANKS JR (PRESIDENT)
People named in this filing
- CHARLES DOUGLAS BANKS JR (PRESIDENT)
- CHRISTI A BANKS (DIRECTOR)
- REGINA HECK (VICE PRESIDE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable, scientific & educational purposes, including but not limited to, the enhancement of the quality of life and relief of poverty for indigent, disabled, and needy residents and works in and around the community of gateway, lee county, fl
What it reported doing in 2015
Family relief fund - provide assistance to families in need due to tragic events or financial burden; includes 24,623 to the child's family to assist financially with the tragic loss of the father.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 21
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.3%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -24.5%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 103.5% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 19% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: -8.9% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $29K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2014 to 2015
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.