GATEWAY CHILDRENS CHARITY

EIN: 270534742 501(c)(3) Education

ST LOUIS, MO

Total Revenue
$230,120
Total Expenses
$244,179
Total Assets
$77,792
Net Assets
$77,792
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MO
Principal Officer
MICHAEL TODOROVICH
Phone
3144096089
Tax Period
2022-01-01 to 2022-12-31

GATEWAY CHILDRENS CHARITY, founded in 2009, is a small nonprofit in the Education sector that reported $230K in total revenue in fiscal year 2022.

Mission

THE PURPOSE OF GATEWAY CHILDREN'S CHARITY IS TO RAISE MONEY FOR THE BETTERMENT OF UNDERPRIVILEGED CHILDREN IN THE ST LOUIS AREA. THE ORGANIZATION SEEKS TO IDENTIFY ST LOUIS ORGANIZATIONS THAT DIRECTLY IMPACT LOCAL PRE-KINDERGARTEN CHILDREN IN NEED AND RAISE MONEY TO FUND THE URGENT FINANCIAL NECESSITIES OF THOSE ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $120,000

FAMILYFORWARD WAS AWARDED $120,000 TO DOUBLE THE SIZE OF THEIR THERAPEUTIC PRESCHOOL, WHICH SERVES STUDENTS WHO HAVE EXPERIENCED EARLY ADVERSITY. THE PROGRAM INCORPORATES PLAY AND FAMILY THERAPY AS...

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FAMILYFORWARD WAS AWARDED $120,000 TO DOUBLE THE SIZE OF THEIR THERAPEUTIC PRESCHOOL, WHICH SERVES STUDENTS WHO HAVE EXPERIENCED EARLY ADVERSITY. THE PROGRAM INCORPORATES PLAY AND FAMILY THERAPY AS WELL AS ACCESS TO OCCUPATIONAL AND SPEECH THERAPY ALONG WITH A COGNITIVELY-FOCUSED EARLY LEARNING CURRICULUM. IT IS FREE TO ST. LOUIS COUNTY RESIDENTS AND CHILDREN WHO QUALIFY FOR MEDICAID. THE GATEWAY CHILDREN'S CHARITY GRANT WILL FUND THE CONSTRUCTION OF THEIR NEW THERAPEUTIC PRESCHOOL FACILITY, HOUSED WITHIN THEIR DEVELOPMENTAL TRAUMA CENTER CAMPUS ON NORTH LINDBERGH, WHICH OPENS THIS FALL. FAMILYFORWARD WAS CREATED IN 2017 WITH THE MERGER OF TWO LONG-STANDING NONPROFITS: CHILDREN'S HOME SOCIETY OF MISSOURI AND FAMILY RESOURCE CENTER.

Program 2
Expenses: $30,000

READY READERS RECEIVED $30,000 TO EXPAND THE REACH OF THEIR LITERACY PROGRAMS. THE GRANT WILL FUND THE PURCHASE OF SOME 2,000 BOOKS SO THAT MORE THAN 280 ADDITIONAL CHILDREN CAN BUILD A LOVE OF...

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READY READERS RECEIVED $30,000 TO EXPAND THE REACH OF THEIR LITERACY PROGRAMS. THE GRANT WILL FUND THE PURCHASE OF SOME 2,000 BOOKS SO THAT MORE THAN 280 ADDITIONAL CHILDREN CAN BUILD A LOVE OF READING AND ACCESS THE REWARDS OF LITERACY THIS SCHOOL YEAR. READY READERS SENDS TRAINED VOLUNTEERS INTO CLASSROOMS IN LOW-INCOME COMMUNITIES TO READ ALOUD TO YOUNG CHILDREN AND DISTRIBUTE BOOKS, SPARKING IMAGINATIONS AND BUILDING EARLY LITERACY SKILLS IN PREPARATION FOR KINDERGARTEN.

Program 3
Expenses: $30,000

NORTH SIDE COMMUNITY SCHOOL, A CHARTER PUBLIC SCHOOL SERVING STUDENTS ON THE NORTH SIDE OF ST. LOUIS IN PRE-K THROUGH EIGHTH GRADE, RECEIVED $30,000 CAPITAL IMPROVEMENTS FOR THEIR PRE-K PROGRAM...

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NORTH SIDE COMMUNITY SCHOOL, A CHARTER PUBLIC SCHOOL SERVING STUDENTS ON THE NORTH SIDE OF ST. LOUIS IN PRE-K THROUGH EIGHTH GRADE, RECEIVED $30,000 CAPITAL IMPROVEMENTS FOR THEIR PRE-K PROGRAM. NORTH SIDE HAS PREVIOUSLY RECEIVED FUNDING FROM GCC FOR THE LAUNCH AND EXPANSION OF ITS PRE-K PROGRAM AND THE REPAIRS TO THE PLAYGROUND FOR THEIR EARLY CHILDHOOD CENTER. GCC'S 2022 FUNDING WILL REPLACE AGING FLOORS, SKYLIGHTS, BATHROOMS, AND MAKE OTHER ENHANCEMENTS TO PROMOTE A SAFE AND HEALTHY LEARNING ENVIRONMENT.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $228,698
Program Service Revenue $0
Investment Income $7
Other Revenue $1,415
TOTAL REVENUE $230,120

Expense Breakdown

Grants Paid $220,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $220,000
Other Expenses $24,179
TOTAL EXPENSES $244,179

Year-over-Year Comparison

2022 2021 Change
Revenue $230,120 $219,118 +0.1%
Expenses $244,179 $158,165 +0.5%
Net Income $-14,059 $60,953 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY SPITZFADEN DIRECTOR 1.00
Director
$0 $0 $0
ANNIE BEATTIE DIRECTOR 1.00
Director
$0 $0 $0
MATT CORCORAN DIRECTOR 1.00
Director
$0 $0 $0
KYLE CHAPMAN DIRECTOR 1.00
Director
$0 $0 $0
LINDSEY NIEMEIER DIRECTOR 1.00
Director
$0 $0 $0
MIKE TODOROVICH II PRESIDENT, DIRECTOR 1.00
Officer Director
$0 $0 $0
ROBERT J MINKLER JR TREASURER, DIRECTOR 1.00
Officer Director
$0 $0 $0
TAYLOR MATTHEWS DIRECTOR 1.00
Director
$0 $0 $0
TOM SHEEHAN VICE PRESIDENT, DIRECTOR 1.00
Officer Director
$0 $0 $0
CAROLYN MCCARTHY DIRECTOR 1.00
Director
$0 $0 $0
JOHN SHORT DIRECTOR 1.00
Director
$0 $0 $0
TOM SCHMIDT 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
2022 $230,120 $244,179 $77,792 $-14,059
2021 $219,118 $158,165 $91,851 $60,953
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