GATEWAY DEMONSTRATION ASSISTANCE CORPORATION (EIN 474298646) - 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

2015

Legal Domicile

Principal Officer

TED HOUGHTON

Phone

9173094566

Tax Period

2020-01-01 to 2020-12-31

GATEWAY DEMONSTRATION ASSISTANCE CORPORATION, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $361K in total revenue in fiscal year 2020. Expenses of $591K exceeded revenue, resulting in a 64% operating deficit.

Mission

TO TRANSFORM NEW YORK CITY'S HOMELESS SHELTER SYSTEM INTO AN EFFECTIVE, EVIDENCE-BASED INVERVENTION THAT ASSISTS HOMELESS PEOPLE TO BECOME MORE INDEPENDENT AND INTEGRATED INTO THEIR 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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $364,226

Program Service Revenue $0

Investment Income $-3,716

Other Revenue $0

TOTAL REVENUE $360,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $341,864

Fundraising Expenses $37,426

Program Expenses $429,255

Other Expenses $249,311

TOTAL EXPENSES $591,175

Year-over-Year Comparison

	2020	2019	Change
Revenue	$360,510	$352,731	+0.0%
Expenses	$591,175	$753,654	-0.2%
Net Income	$-230,665	$-400,923	-0.4%

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

$244,641

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED HOUGHTON	President	40.00	Officer	$175,645	$68,996	$244,641
BILL TRAYLOR	Chairman	1.00	Officer Director	$0	$0	$0
PAUL FREITAG	Member	1.00	Director	$0	$0	$0
LAURA MASCUCH	Secretary	1.00	Officer Director	$0	$0	$0
GEORGE NASHAK	Treasurer	1.00	Officer Director	$0	$0	$0
EILEEN TORRES	MEMBER	1.00	Director	$0	$0	$0
TOM HAMELINE	MEMBER	1.00	Director	$0	$0	$0
MOSHE MCKIE KRISBERG	MEMBER	1.00	Director	$0	$0	$0
CRIS PARQUE	MEMBER	1.00	Director	$0	$0	$0
CHRISTINE QUINN	MEMBER	1.00	Director	$0	$0	$0
JOE WEISBORD	MEMBER	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
2020	$360,510	$591,175	$332,836	$-230,665
2019	$352,731	$753,654	$448,727	$-400,923
2018	$227,003	$454,886	$877,983	$-227,883

GATEWAY DEMONSTRATION ASSISTANCE CORPORATION