DEVELOPMENT GATEWAY INC (EIN 522318905) - 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

2000

Legal Domicile

Principal Officer

JOSHUA POWELL

Phone

2025729200

Tax Period

2024-07-01 to 2025-06-30

DEVELOPMENT GATEWAY INC, founded in 2000, is a community nonprofit in the International Affairs sector that reported $7.7M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $10.5M exceeded revenue, resulting in a 37% operating deficit.

Mission

TO ENABLE CHANGE IN DEVELOPING NATIONS THROUGH INFORMATION TECHNOLOGY.

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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 $4,896,098

Program Service Revenue $2,531,404

Investment Income $101,878

Other Revenue $174,573

TOTAL REVENUE $7,703,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,121,636

Fundraising Expenses $0

Program Expenses $8,810,138

Other Expenses $7,415,231

TOTAL EXPENSES $10,536,867

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,703,953	$9,356,695	-0.2%
Expenses	$10,536,867	$11,028,698	0.0%
Net Income	$-2,832,914	$-1,672,003	+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

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

$630,852

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JENNIFER BANGOURA	BOARD MEMBER	0.25	Director	$0	$0	$0
JAMES BERESH	BOARD MEMBER	0.25	Director	$0	$0	$0
ALEKSANDER DARDELI	BOARD MEMBER	0.25	Director	$0	$0	$0
DR KIM YI DIONNE	BOARD MEMBER	0.25	Director	$0	$0	$0
CHERI-LEIGH ERASMUS	BOARD MEMBER	0.25	Director	$0	$0	$0
WORKU GACHOU	BOARD MEMBER	0.25	Director	$0	$0	$0
NATHANIEL HELLER	BOARD MEMBER	0.25	Director	$0	$0	$0
GEORGE KOGOLLA	BOARD MEMBER	0.25	Director	$0	$0	$0
NANJIRA SAMBULI	BOARD MEMBER	0.25	Director	$0	$0	$0
KATE THOMPSON	BOARD MEMBER	0.25	Director	$0	$0	$0
DR HASAN TULUY	BOARD MEMBER	0.25	Director	$0	$0	$0
HAMADOUN CISSE	CFO (NONVOTING)	40.00	Officer	$141,879	$13,496	$155,375
VANESSA GOAS	COO (NONVOTING)	40.00	Officer	$169,241	$19,432	$188,673
JOSHUA POWELL	CEO (NONVOTING)	40.00	Officer	$254,337	$32,467	$286,804
ANDREA ULRICH	EMPLOYEE	40.00	Highest	$116,225	$11,999	$128,224
FERNANDO FERREYRA	DIRECTOR OF SOFTWARE DEVEL	40.00	Highest	$140,677	$14,697	$155,374
NURHAN KOCAOGLU	DIRECTOR OF PROGRAMS	40.00	Highest	$147,016	$16,191	$163,207
BEVERLY MBU	DEPUTY DIRECTOR OF PROGRAM	40.00	Highest	$116,759	$21,593	$138,352
SARAH ORTON-VIPOND	EMPLOYEE	40.00	Highest	$112,683	$23,958	$136,641

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	$7,703,953	$10,536,867	$16,908,497	$-2,832,914
2024	$9,356,695	$11,028,698	$22,194,978	$-1,672,003
2023	$11,573,007	$9,228,724	$15,542,539	$2,344,283
2022	$7,356,875	$7,619,250	$10,738,126	$-262,375
2021	$3,186,282	$6,589,025	$9,685,222	$-3,402,743
2020	$13,594,867	$6,457,701	$12,890,156	$7,137,166
2019	$8,986,948	$5,474,618	$5,497,589	$3,512,330
2018	$3,989,903	$5,581,278	$1,885,782	$-1,591,375

DEVELOPMENT GATEWAY INC