GATEWAY LEGAL SERVICES INC (EIN 431722550) - 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

1995

Legal Domicile

Principal Officer

MICHAEL FERRY

Phone

3145340404

Tax Period

2018-01-01 to 2018-12-31

GATEWAY LEGAL SERVICES INC, founded in 1995, is a micro nonprofit that reported $39K in total revenue in fiscal year 2018. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $147K exceeded revenue, resulting in a 278% operating deficit.

Mission

PROVIDE LEGAL SERVICES FOR THE ECONOMICALLY DISADVANTAGED.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $38,459

Investment Income $58

Other Revenue $508

TOTAL REVENUE $39,025

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,870

Fundraising Expenses $0

Program Expenses $120,211

Other Expenses $104,597

TOTAL EXPENSES $147,467

Year-over-Year Comparison

	2018	2017	Change
Revenue	$39,025	$280,081	-0.9%
Expenses	$147,467	$244,733	-0.4%
Net Income	$-108,442	$35,348	-4.1%

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

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

$16,900

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	DIRECTOR	1.00	Director	$0	$0	$0
DAWN MORVILLE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL CLAGGETT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL FERRY	EXE.DIRECTOR	20.00	Officer	$16,900	$0	$16,900
TERRANCE J GOOD	PRESIDENT	1.00	Officer	$0	$0	$0
KENNETH GRAEBER	SEC/TREAS.	1.00	Officer	$0	$0	$0
WENDELL SHERK	VICE PRES	1.00	Officer	$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
2018	$39,025	$147,467	$6,836	$-108,442

GATEWAY LEGAL SERVICES INC