Gateway Homes Inc

Nonprofit profile at a glance

EIN
911865279
IRS 990 coverage
2011–2016
Forms available
Form 990 2016
Location
Chesterfield, VA, USA
Phone
8042854389
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Residential Mental Health Treatment

Official website

Reported finances

Revenue
$4,943,891
Expenses
$5,139,270
Assets
$6,272,699
Liabilities
$1,009,223

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • LYNDA HYATT (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LYNDA HYATT (EXECUTIVE DIRECTOR): $158,576 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Gateway homes provides a transitional supportive living residence for individuals with serious mental illness who need support and services in order to move toward independence in the community.

What it reported doing in 2016

Gateway homes, inc., provides residential treatment services to adults, 18 years old and older, who have experienced serious mental illness and who are committed to learning the skills they need to manage their health and live independently in the community. Gateway currently has three locations, i.e., chesterfield, fairfax and williamsburg. Although admission requirements differ for each location, the program has levels of services designed to assist the individual's movement toward recovery and independence.all residents are required to be engaged in treatment including psychosocial rehabilitation and medication adherence. Treatment services also include psychiatric appointments for each individual monthly or more frequently as needed, services of a nurse practitioner, an individual therapist and an occupational therapist. As individuals progress through the program seeking work, academic endeavors, or volunteer services is encouraged in order to provide a structured setting movement into the community.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 65
  • Accountability: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.7%; rating input score 86
  • Program expense ratio: 83.8%; rating input score 84
  • Fundraising efficiency: $2.06 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.22; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 18.9% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 85.7% of revenue deployed · 83.8% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $4.3M in reported program spending
  • Leadership: top reported pay $159K · 15 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 6 filing years from 2011 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • High — Financial Efficiency: Fundraising efficiency scored 7/100.
  • High — Sustainability: Operating margin scored 21/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.