NEW GATEWAYS INC (EIN 352245430) - 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

2005

Legal Domicile

Principal Officer

LYNN MAGINITY

Phone

2485387830

Tax Period

2024-10-01 to 2025-09-30

NEW GATEWAYS INC, founded in 2005, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2024.

Mission

TO ASSIST ADULTS WITH DEVELOPMENTAL DISABILITIES TO FEEL SAFE. INTERDEPENDENT AND INCLUDED IN THE COMMUNITY WHILE SUPPORTING THEM IN MAKING SAFE HEALTHY CHOICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $83,443

Program Service Revenue $2,932,115

Investment Income $7,309

Other Revenue $2,788

TOTAL REVENUE $3,025,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,844,774

Fundraising Expenses $0

Program Expenses $2,776,902

Other Expenses $1,236,963

TOTAL EXPENSES $3,081,737

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,025,655	$2,859,215	+0.1%
Expenses	$3,081,737	$3,052,704	+0.0%
Net Income	$-56,082	$-193,489	-0.7%

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

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

$95,476

Total Directors

$95,476

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM REBH	PRESIDENT	1	Officer Director	$0	$0	$0
RANDALL MEONO	VICE PRESIDENT	1	Officer Director	$0	$0	$0
ZACK CARDINELL	SECRETARY	1	Officer Director	$0	$0	$0
LYNN MAGINITY	EXECUTIVE DIRE	40	Officer Director	$85,476	$10,000	$95,476
ROSEMARY RANGI	DIRECTOR	1	Director	$0	$0	$0
G PROVENCAL	DIRECTOR	1	Director	$0	$0	$0
THERESE DOMINI	DIRECTOR	1	Director	$0	$0	$0
C DEAN-OGENE	DIRECTOR	1	Director	$0	$0	$0
JENNIFER COUSI	DIRECTOR	1	Director	$0	$0	$0
DEIRDRE MERCER	DIRECTOR	1	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
2025	$3,025,655	$3,081,737	$2,503,677	$-56,082
2024	$2,859,215	$3,052,704	$2,877,141	$-193,489
2023	$3,027,303	$2,894,082	$3,086,016	$133,221
2022	$2,591,371	$2,224,348	$1,534,816	$367,023
2021	$2,247,041	$1,877,902	$1,107,605	$369,139
2020	$1,780,150	$1,950,948	$750,543	$-170,798
2019	$1,844,245	$1,884,961	$797,625	$-40,716
2018	$1,899,471	$1,827,228	$853,550	$72,243

NEW GATEWAYS INC