Gateway
- Assets
- $36.3m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 52
- Location
- Birmingham, AL
- Founding
- 07/1973
- Data as of
- 09/2023
- EIN
- 63-0288854
Organization Overview
Gateway is located in Birmingham, AL. The organization was established in 1973. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Gateway employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway 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 09/2023, Gateway generated $5.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $5.0m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GATEWAY IS A GAME CHANGER FOR ALABAMA CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER CARE PROGRAMS (THERAPEUTIC FOSTER CARE AND INDEPENDENT LIVING PROGRAM): OUR FOUNDERS HAD THE FORESIGHT TO KNOW THAT WITHOUT PERMANENT FAMILY CONNECTIONS, CHILDREN'S HEALTH, EDUCATION, SAFETY, AND FINANCIAL STABILITY ARE SIGNIFICANTLY AT RISK. FOR 131 YEARS, GATEWAY HAS COMMITTED ITS MISSION TO HELPING CHILDREN FLOURISH IN SAFE, PERMANENT FAMILIES, AS WELL AS BECOME STRONG YOUNG ADULTS.
FAMILY COUNSELING (INTENSIVE IN-HOME SERVICES PROGRAM, SHELBY COUNTY WRAPAROUND, GO2U SCHOOL THERAPY): GATEWAY HAS ONE OF THE STATE'S LONGEST TRACK RECORDS HELPING FAMILIES CARE FOR ONE ANOTHER, HEAL TRAUMA, AND ACHIEVE THEIR EDUCATIONAL GOALS. DUE TO THE SUCCESS OF THE PROGRAMS AND AN INCREASED NEED IN THE COMMUNITY, THESE SERVICES WERE EXPANDED FOR 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denson Franklin III Board Member | Trustee | 2 | $0 |
Khalilah Brown MD Vice Chairman | OfficerTrustee | 2 | $0 |
James Mccrary Board Member | Trustee | 2 | $0 |
Maeci Walker Chairman | OfficerTrustee | 2 | $0 |
Denzel Okinedo Board Member | Trustee | 2 | $0 |
David Powell Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,015,715 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $82,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,308,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,406,402 |
| Total Program Service Revenue | $2,694,007 |
| Investment income | $350,818 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,480 |
| Net Gain/Loss on Asset Sales | $220,120 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,677,863 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $501,453 |
| Compensation of current officers, directors, key employees. | $239,286 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,936,010 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $242,057 |
| Payroll taxes | $182,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,742 |
| Fees for services: Accounting | $31,987 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $125,739 |
| Advertising and promotion | $0 |
| Office expenses | $114,499 |
| Information technology | $216,097 |
| Royalties | $0 |
| Occupancy | $109,620 |
| Travel | $225,954 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,949 |
| Interest | $38,615 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,002 |
| Insurance | $251,539 |
| All other expenses | $76,664 |
| Total functional expenses | $4,961,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $655,874 |
| Savings and temporary cash investments | $45,041 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $490,274 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $221,105 |
| Net Land, buildings, and equipment | $4,375,814 |
| Investments—publicly traded securities | $8,064,771 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,407,297 |
| Total assets | $36,260,176 |
| Accounts payable and accrued expenses | $185,242 |
| Grants payable | $0 |
| Deferred revenue | $36,333 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $5,328 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $829,326 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $310,430 |
| Total liabilities | $1,366,659 |
| Net assets without donor restrictions | $12,491,297 |
| Net assets with donor restrictions | $22,402,220 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $36,260,176 |