Gateways Hospital and Mental Health Center Foundation
Nonprofit profile at a glance
- EIN
- 883360044
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Los Angeles, CA, USA
- Phone
- 3236442000
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $234,532
- Expenses
- $1,174,564
- Assets
- $769,138
- Liabilities
- $3,058,689
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BRIAN THORNE (PRESIDENT)
Highest reported compensation
- PHIL WONG (DIRECTOR): $705,888 total reported compensation
- BRIAN THORNE (PRESIDENT): $360,734 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 gateways hospital and mental health center foundation's (foundation) primary activity is to raise and manage donations on behalf of gateways hospital and mental health center (hospital).
What it reported doing in 2024
The gateways hospital and mental health center foundation's (foundation) primary activity is to raise and manage donations on behalf of gateways hospital and mental health center (hospital). The hospital (EIN 95-1691011) is tax exempt under 501(c)(3) of the internal revenue code. The foundation will also help with awareness related to the hospital and mission of mental health. The formation of the foundation will relieve the hospital of fundraising activities which provides the benefit of allowing the hospital to focus all resources providing clinical services to their patients and to the community.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
REVIEW - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 65
- Accountability: 77
- Sustainability: 13
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: $0.33 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 87.5%; rating input score 88; 24th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: -400.8%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 3.98; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 57.1% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 88.8% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 7 of 8 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $706K · 11 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $106K reported
- Consistency: 25 of 25 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 4/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.