GLOBAL ACTION FOR TRANS EQUALITY INC

EIN: 371762577 501(c)(3) Civil Rights & Advocacy

NEW YORK, NY

Total Revenue
$3,502,368
Total Expenses
$2,100,969
Total Assets
$3,097,661
Net Assets
$2,975,597
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
ABHI MUCHTAR
Phone
8459876675
Tax Period
2024-01-01 to 2024-12-31

GLOBAL ACTION FOR TRANS EQUALITY INC, founded in 2014, is a community nonprofit in the Civil Rights & Advocacy sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 156% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 40% operating margin.

Mission

GATE IS AN INTERNATIONAL ADVOCACY ORGANIZATION COMMITTED TO PROMOTING JUSTICE AND EQUALITY FOR TRANS AND GENDER DIVERSE COMMUNITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,171,556
Program Service Revenue $298,719
Investment Income $31,936
Other Revenue $157
TOTAL REVENUE $3,502,368

Expense Breakdown

Grants Paid $249,236
Salaries & Benefits $421,387
Fundraising Expenses $209,598
Program Expenses $1,641,510
Other Expenses $1,430,346
TOTAL EXPENSES $2,100,969

Year-over-Year Comparison

2024 2023 Change
Revenue $3,502,368 $1,369,187 +1.6%
Expenses $2,100,969 $1,357,296 +0.5%
Net Income $1,401,399 $11,891 +116.9%
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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Governance

Voting Members
5
Independent Members
5
Employees
2
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
4
$140,454
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CORI ZACCAGNINO DIRECTOR OF FINANCE AND OPERATIONS 40.00
Highest
$130,000 $17,129 $147,129
ERIKA CASTELLANOS EXECUTIVE DIRECTOR 40.00
Officer
$0 $140,454 $140,454
SIMON PETITJEAN BOARD CHAIR 0.50
Officer Director
$0 $0 $0
ABHI MUCHTAR TREASURER 0.50
Officer Director
$0 $0 $0
AYDEN SCHEIM SECRETARY 0.50
Officer Director
$0 $0 $0
JAY MULUCHA BOARD MEMBER 0.50
Director
$0 $0 $0
ALEXANDRA RODRIGUEZ BOARD MEMBER 0.50
Director
$0 $0 $0
TAMARA ADRIAN BOARD MEMBER (RESIGNED NOVEMBER 2024) 0.50
Director
$0 $0 $0
ZAKARIA QID BOARD MEMBER (RESIGNED JUNE 2024) 0.50
Director
$0 $0 $0
MONALISA AKINTOLE BOARD MEMBER (REMOVED NOVEMBER 2024) 0.50
Director
$0 $0 $0
ORNEILL LATIYAH BOARD MEMBER (RESIGNED DECEMBER 2024) 0.50
Director
$0 $0 $0
RIKKI NATHANSON BOARD MEMBER (RESIGNED NOVEMBER 2024) 0.50
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 $3,502,368 $2,100,969 $3,097,661 $1,401,399
2023 $1,369,187 $1,357,296 $1,643,123 $11,891
2022 $1,456,214 $1,026,644 $1,721,488 $429,570
2021 $1,028,766 $876,827 $1,357,017 $151,939
2021 $980,865 $876,827 $1,319,116 $104,038
2020 $965,212 $789,746 $1,124,950 $175,466
2019 $892,721 $663,169 $947,744 $229,552
2018 $797,346 $706,730 $789,450 $90,616
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