Gateway Second Chance Foundation

Organization Overview

Gateway Second Chance Foundation is located in Suitland, MD. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Second Chance Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Gateway Second Chance Foundation generated $101.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $103.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

ALTHOUGH COVID CONTINUED TO NEGATE FACE-TO-FACE FUNDRAISING ACTIVITIES, THE FOUNDATION SUCCESSFULLY HOSTED ITS SECOND VIRTUAL MAJOR FUNDRAISER AND PROMOTIONAL EVENT, OUR 7TH ANNUAL PRAYER BREAKFAST. THE FINANCIAL AND PROMOTIONAL SUCCESS OF THE EVENT WAS ENHANCED BY OUR STEADILY INCREASING KNOWLEDGE AND EXPERIENCE WITH SOCIAL MEDIA CAPABILITY DEMONSTRATED THROUGH OUR SHOWCASING THE 7 YEARS OF EXCELLENCE WITH GATEWAY AND THE EFFECTIVE IMPLEMENTATION OF ON-LINE STUDENT INTERVIEWS WITH THE KEYNOTE SPEAKER, THE 82ND ATTORNEY GENERAL OF THE UNITED STATES. ADDITIONAL IMPACTFUL INTERVIEWS WITH A PROGRAM PARENT AND A RECENT GATEWAY GRADUATE PLUS AN INCREASE IN SUSTAINING PARENTS [AN ESTABLISHED GROUP OF REPEAT DONORS] RESULTED IN APPROXIMATELY A 40% INCREASE IN NET REVENUE FOR THE EVENT. THAT SUPPORT IN ADDITION TO CONTINUING FINANCIAL SUPPORT FROM THE BUSINESS COMMUNITY AND AN INCREASE IN CORPORATE SPONSORSHIP, ENABLED US TO INCREASE FINANCIAL SUPPORT TO THE GATEWAY BOARDING ACADEMY, DESPITE INCREASED RENTAL COSTS AND INCREASED COST OF NECESSARY PROFESSIONAL CLEANING/DISINFECTING PROCEDURES TO MITIGATE THE RESIDUAL RISK OF COVID. ADDITIONALLY, HAVING COMPLETED ORGANIZATIONAL POLICY DEVELOPMENT, THE GATEWAY BOARD OF DIRECTORS AND VOLUNTEERS LEVERAGED THEIR EXPERIENCE AND EXPERTISE TO UNDERTAKE THE PROCESS OF DEVELOPING DETAILED STANDARD OPERATING PROCEDURES [SOPS] FOR EACH FUNCTIONING BOARD COMMITTEE IN PREPARATION FOR HIRING AN EXECUTIVE DIRECTOR FOR THE ORGANIZATION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Clarence Carter
Chairman
$0
Donna Carter
President
$0
Sharon Watkins
Treasurer
$0
Alfred Lagarde
Asst. Treasurer
$0
Judy Carter
Secretary
$0
Deborah Swinson
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$101,636
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$101,636

Peer Organizations

Organization NameAssets
Homefree Usa Inc
Landover, MD
$34,679,494
Telescope Fund
Washington, DC
$30,475,057
Edwards Foundation Inc
Huntington, WV
$1,580,219
Jefferson Scholars Foundation
Charlottesville, VA
$36,629,374
Knowledge And Progress Fund Inc
Arlington, VA
$0
College Foundation Of The University Of Virginia
Charlottesville, VA
$22,510,807
The M S Hershey Foundation
Hershey, PA
$28,386,935
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn
Pittsburgh, PA
$13,108,322
Helvetas Usa
Washington, DC
$12,856,274
Pittsburgh Promise Foundation
Pittsburgh, PA
$10,120,509
James Family Charitable Foundation
Charlottesville, VA
$19,077,399
York Foundation
Herndon, VA
$6,954,894
Silver Valley Research Foundation
Mclean, VA
$10,500,013
Poise Foundation
Pittsburgh, PA
$11,325,031
Shrm Foundation Inc
Alexandria, VA
$5,880,697
Travis Manion Foundation
Doylestown, PA
$11,104,104
Kennedy Krieger Foundation Inc
Baltimore, MD
$12,419,464
Acts Legacy Foundation Inc
Fort Washington, PA
$5,178,233
Skillsource Group Inc
Vienna, VA
$7,550,496
Asbury Foundation Inc
Frederick, MD
$17,996,340
The Pauley Family Foundation
Richmond, VA
$57,857,190
Taubman Foundation For The Arts
Roanoke, VA
$12,694,002
American Friends Of Kohelet Policy Forum
Philadelphia, PA
$121,500
Modern Classrooms Project Inc
Washington, DC
$7,059,682
Capital For Good Usa
Paoli, PA
$12,047,306

Create an account to unlock the data you need.

or