GATEWAY COMMUNITY COLLEGE FOUNDATION INC (EIN 223135128) - 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

1989

Legal Domicile

Principal Officer

THOMAS BEIRNE

Phone

2032852617

Tax Period

2023-01-01 to 2023-12-31

GATEWAY COMMUNITY COLLEGE FOUNDATION INC, founded in 1989, is a small nonprofit that reported $520K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $188K, a strong 36% operating margin.

Mission

TO SUPPORT PROGRAMS AND ACTIVITIES WHICH PROMOTE GATEWAY COMMUNITY COLLEGE'S MISSION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $462,562

Program Service Revenue $0

Investment Income $46,560

Other Revenue $10,434

TOTAL REVENUE $519,556

Expense Breakdown

Grants Paid $228,685

Salaries & Benefits $0

Fundraising Expenses $2,469

Program Expenses $283,569

Other Expenses $102,779

TOTAL EXPENSES $331,464

Year-over-Year Comparison

	2023	2022	Change
Revenue	$519,556	$719,045	-0.3%
Expenses	$331,464	$342,183	0.0%
Net Income	$188,092	$376,862	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS BEIRNE	CHAIR	1.00	Officer Director	$0	$0	$0
HIRAM BRETT	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PETER D GRAEB	TREASURER	1.00	Officer Director	$0	$0	$0
MIMI LINES	SECRETARY	1.00	Officer Director	$0	$0	$0
TANISHA ASBERY	DIRECTOR	1.00	Director	$0	$0	$0
HELENE AUGUSTINE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD BORER	DIRECTOR	1.00	Director	$0	$0	$0
ALTHEA MARSHALL BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
DAN CARON	DIRECTOR	1.00	Director	$0	$0	$0
RON DESANTIS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN DOUGHERTY	DIRECTOR	1.00	Director	$0	$0	$0
MAKANA ELLIS	DIRECTOR	1.00	Director	$0	$0	$0
LINDYLEE GOLD	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS GRIGGS JR	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTA HOSKIE	DIRECTOR	1.00	Director	$0	$0	$0
LAKISHA JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
WILSON LUNA	DIRECTOR	1.00	Director	$0	$0	$0
PAUL MCCRAVEN	DIRECTOR	1.00	Director	$0	$0	$0
RUBY MELTON	DIRECTOR	1.00	Director	$0	$0	$0
JACOB PADRON	DIRECTOR	1.00	Director	$0	$0	$0
LINDA RANDELL	DIRECTOR	1.00	Director	$0	$0	$0
PEDRO SOTO	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN STONE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY G WHEELER	DIRECTOR	1.00	Director	$0	$0	$0
ENA WILLIAMS	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$519,556	$331,464	$3,359,527	$188,092
2022	$719,045	$342,183	$3,018,821	$376,862
2021	$799,228	$411,218	$2,877,835	$388,010
2020	$612,929	$664,716	$2,477,590	$-51,787
2019	$685,862	$540,615	$2,319,289	$145,247
2018	$468,505	$373,411	$2,032,706	$95,094

GATEWAY COMMUNITY COLLEGE FOUNDATION INC