GATEWAY RESCUE MISSION INC (EIN 640369382) - 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

1948

Legal Domicile

Principal Officer

BENTLEY EDWARDS

Phone

6013535864

Tax Period

2023-01-01 to 2023-12-31

GATEWAY RESCUE MISSION INC, founded in 1948, is a community nonprofit in the Human Services sector that reported $3.7M in total revenue in fiscal year 2023. Expenses of $3.5M left a modest 7% surplus.

Mission

TO OFFER LIFE CHANGING HOPE THROUGH THE GOSPEL OF JESUS CHRIST TO HOMELESS MEN, WOMEN, AND CHILDREN THROUGH PROGRAMS TO DELIVER FOOD, SHELTER, COUNSELING AND DISCIPLESHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,623,431

Program Service Revenue $991,994

Investment Income $87,084

Other Revenue $462

TOTAL REVENUE $3,702,971

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,486,329

Fundraising Expenses $489,061

Program Expenses $2,321,213

Other Expenses $1,950,458

TOTAL EXPENSES $3,456,587

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,702,971	$3,714,105	0.0%
Expenses	$3,456,587	$3,272,977	+0.1%
Net Income	$246,384	$441,128	-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

2950

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

$249,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REX BAKER	EXECUTIVE DI	40.00	Officer	$80,740	$47,982	$128,722
BENTLEY EDWARDS	CFO	40.00	Officer	$89,594	$30,884	$120,478
ELIZABETH ARCHER	SECRETARY	1.00	Officer Director	$0	$0	$0
DONNA BRUCE	DIRECTOR	1.00	Director	$0	$0	$0
C GLEN BUSH	DIRECTOR	1.00	Director	$0	$0	$0
DANNY CAWTHON	DIRECTOR	1.00	Director	$0	$0	$0
F ALLEN HOLIMAN	TREASURER	1.00	Officer Director	$0	$0	$0
TIM MAHAFFEY	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE MECK	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
FORD MOSBY	DIRECTOR	1.00	Director	$0	$0	$0
VERNON PERRY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SAUMS	PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2023	$3,702,971	$3,456,587	$5,455,852	$246,384
2022	$3,714,105	$3,272,977	$5,215,201	$441,128
2021	$4,365,669	$2,931,779	$4,764,797	$1,433,890
2020	$3,466,992	$2,794,256	$3,497,693	$672,736
2019	$3,273,354	$2,914,087	$2,607,503	$359,267
2018	$2,760,561	$3,040,268	$2,285,990	$-279,707
2018	$2,760,561	$3,040,268	$2,285,990	$-279,707

GATEWAY RESCUE MISSION INC