Gateway Woods Family Services Inc

What it reported doing in 2024

Gateway woods family services facilitates adoptions for Indiana and Illinois families by providing quality, affordable and family-focused services for domestic, international, infant-teens, and special & medical needs adoptions with a focus on finding christian families. Gateway woods family services, inc. Coordinates with 25 international and 10 domestic agencies. The caring, skilled and diligent staff at gateway wood family services strives to make this complex process a successful, affordable and joyous experience. In this fiscal year the adoption program served over 110 individuals. Adoption Indiana amount: 230,185 adoption Illinois amount: 138,281 willowbridge transitional housing is designed to help youth transition from gateway woods to full independence. 50% of youth in foster care will be unemployed at teh age of 24. Less than 3% of foster youth graditate from a 4 year college. Willowbridge will give youth, once they complete their placement and leave gateway campus, a safe place where they can live, learn and grow to independence. Amount: 388,276 larc (linking to attain responsibility and community) seeks to continue the mission of gateway woods by developing organic networks that allow concerned and willing community members to become involved in past clients lives in meaningful ways. The larc program does not directly provide services to children and/or families, but rather facilitates the connection of those with needs to christian mentors, employers, and resources willing and able to help. Nearly 180 individuals were served with this program in this fiscal year. Amount: 292,272 gateway farms employs teens living oncampus, giving job opportunities where youth learn job skills, work skills, and business knowledge. Here youth learn the value of perseverance and resiliency as they see their hard work turn into disired income. Amount: 210,198

Financial Efficiency

• Mission deployment rate: 94%; rating input score 94
• Program expense ratio: 94.1%; rating input score 94
• 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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd 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: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.1%; rating input score 34; 34th percentile among comparable filings
• Total-asset coverage ratio: 0.26; rating input score 8; 8th percentile among comparable filings
• Liabilities to assets ratio: 0.17; rating input score 48; 48th percentile among comparable filings
• Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

• Program expense growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
• Revenue growth: 4% per year; rating input score 100; 34th percentile among comparable filings
• Asset growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings