GATEWAY DEVELOPMENT CORPORATION (EIN 363739061) - 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

1956

Legal Domicile

Principal Officer

MANNY BANNER

Phone

4029787948

Tax Period

2025-01-01 to 2025-12-31

GATEWAY DEVELOPMENT CORPORATION, founded in 1956, is a small nonprofit in the Community Improvement sector that reported $444K in total revenue in fiscal year 2025. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $408K left a modest 8% surplus.

Mission

ECONOMIC DEVELOPMENT

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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 (2025)

Revenue Breakdown

Contributions & Grants $158,494

Program Service Revenue $262,616

Investment Income $22,972

Other Revenue $0

TOTAL REVENUE $444,082

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,694

Fundraising Expenses $0

Program Expenses $407,913

Other Expenses $205,219

TOTAL EXPENSES $407,913

Year-over-Year Comparison

	2025	2024	Change
Revenue	$444,082	$249,226	+0.8%
Expenses	$407,913	$269,354	+0.5%
Net Income	$36,169	$-20,128	-2.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANNY BANNER	PRESIDENT	1.00	Director	$0	$0	$0
MATTHEW GUTZMANN	VICE PRESIDENT	1.00	Director	$0	$0	$0
STEVE WERHLI	SECRETARY	1.00	Director	$0	$0	$0
DAVE LADWIG	TREASURER	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
2025	$444,082	$407,913	$864,983	$36,169
2024	$249,226	$269,354	$828,814	$-20,128
2023	$216,431	$193,847	$848,942	$22,584
2022	$428,731	$320,850	$826,358	$107,881
2021	$748,274	$830,803	$718,477	$-82,529
2020	$700,984	$526,955	$801,006	$174,029
2019	$191,536	$171,827	$626,977	$19,709
2018	$689,535	$701,916	$607,271	$-12,381

GATEWAY DEVELOPMENT CORPORATION