Gateway Ministries Inc (EIN 222454307) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

EDWARD J MCDONALD

Phone

6076879700

Tax Period

2020-01-01 to 2020-12-31

Gateway Ministries Inc, founded in 1982, is a small nonprofit that reported $171K in total revenue in fiscal year 2020. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $50K, a strong 29% operating margin.

Mission

We hold several religious services a week serving around 100 children and adults

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $89,963

Program Service Revenue $0

Investment Income $81,189

Other Revenue $0

TOTAL REVENUE $171,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,100

Fundraising Expenses $0

Program Expenses $98,878

Other Expenses $105,253

TOTAL EXPENSES $121,353

Year-over-Year Comparison

	2020	2019	Change
Revenue	$171,152	$116,232	+0.5%
Expenses	$121,353	$127,661	0.0%
Net Income	$49,799	$-11,429	-5.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$15,600

Total Directors

$15,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD J MCDONALD	President	15.00	Officer Director	$0	$0	$0
JOHN B SCANLON	VicePresident	15.00	Officer Director	$15,600	$0	$15,600
DENIS MCCANN	Treasurer	5.000	Officer Director	$0	$0	$0
MAUREEN COX	Secretary	4.000	Officer Director	$0	$0	$0
LEE BERRETTINI	Director	4.000	Director	$0	$0	$0
BARBARA BUSH	Director	4.000	Director	$0	$0	$0
CAROL SGUEGLIA	Director	4.000	Director	$0	$0	$0
BRIAN J STOUT	Director	4.000	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$171,152	$121,353	$394,266	$49,799

Gateway Ministries Inc