GATEWAY GENERAL PARTNER III INC (EIN 811156497) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

LARRY H PADILLA

Phone

4042702100

Tax Period

2024-01-01 to 2024-12-31

GATEWAY GENERAL PARTNER III INC, founded in 2018, is a micro nonprofit that reported $4K in total revenue in fiscal year 2024. Revenue surged 215550% from the prior year, signaling strong growth momentum. Net assets of $704K represent 1959 months of operating reserves.

Mission

TO RELIEVE A SHORTAGE OF DECENT, SAFE AND SANITARY HOUSING FOR PERSONS OF LOW INCOME AND MODERATE INCOME.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,330

Program Service Revenue $-17

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,313

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,330

Other Expenses $4,330

TOTAL EXPENSES $4,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,313	$2	+2155.5%
Expenses	$4,330	$30	+143.3%
Net Income	$-17	$-28	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$533,077

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA HEFFNER	DIRECTOR	0.00	Director	$0	$0	$0
CINQUE AXAM	PRESIDENT	0.00	Officer	$0	$0	$0
LARRY H PADILLA	SECRETARY/TREASURER	1.00	Officer	$0	$4,084	$33,354
DAVID LEWICKI	VICE PRESIDENT	0.00	Officer	$0	$0	$0
TAMERA J BOWERS	ASSISTANT SECRETARY	1.00	Officer	$0	$17,766	$185,973
DOUGLAS S FAUST	SECRETARY/TREASURER	1.00	Officer	$0	$30,500	$313,750

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	$4,313	$4,330	$975,053	$-17
2023	$2	$30	$975,276	$-28
2022	$2,161	$2,180	$932,755	$-19
2021	$10,229	$10,248	$936,162	$-19
2020	$9,656	$9,680	$913,442	$-24
2019	$354,068	$30	$5,082,540	$354,038
2018	$350,080	$80	$1,863,570	$350,000

GATEWAY GENERAL PARTNER III INC