GATEWAY FAMILY SERVICES OF ILLINOIS

EIN: 825497238 501(c)(3) Mental Health

POTOMAC, IL

Total Revenue
$779,773
Total Expenses
$676,892
Total Assets
$205,730
Net Assets
$205,730
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IL
Principal Officer
MICHAEL REMOLE
Phone
2176490492
Tax Period
2024-01-01 to 2024-09-30

GATEWAY FAMILY SERVICES OF ILLINOIS, founded in 2018, is a small nonprofit in the Mental Health sector that reported $780K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $677K left a modest 13% surplus.

Mission

TRADITIONAL TALK THERAPY IS EFFECTIVE FOR SOME, BUT FOR THOSE WHO HAVE EXPERIENCED TRAUMA, IT MAY NOT BE AS EFFECTIVE. GATEWAY FAMILY SERVICES OF ILLINOIS EXISTS TO HELP THOSE WHO HAVE EXPERIENCED TRAUMA BY PROVIDING INDIVIDUALIZED, INNOVATIVE AND INTENSIVE COUNSELING SERVICES THAT INCLUDE TRAUMA FOCUSED-EQUINE ASSISTED PSYCHOTHERAPY AND EYE MOVEMENT DESENSITIZATION & REPROCESSING (EMDR), AS WELL AS ART, PLAY, SAND AND NATURE THERAPIES TO INDIVIDUALS AND FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $429,415 Revenue: $441,447

GATEWAY FAMILY SERVICES OF ILLINOIS PROVIDES MENTAL HEALTH SERVICES TO INDIVIDUALS WHO WOULD NOT OTHERWISE BE ABLE TO RECEIVE SERVICES DUE TO FINANCIAL/INSURANCE CONSTRAINTS. THE ORGANIZATION SEES...

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GATEWAY FAMILY SERVICES OF ILLINOIS PROVIDES MENTAL HEALTH SERVICES TO INDIVIDUALS WHO WOULD NOT OTHERWISE BE ABLE TO RECEIVE SERVICES DUE TO FINANCIAL/INSURANCE CONSTRAINTS. THE ORGANIZATION SEES 80-100 CLIENTS PER MONTH. EACH CLIENT IS SEEN 1-3 TIMES PER WEEK FOR AN AVERAGE OF 12-16 MONTHS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $338,326
Program Service Revenue $441,447
Investment Income $0
Other Revenue $0
TOTAL REVENUE $779,773

Expense Breakdown

Grants Paid $0
Salaries & Benefits $465,624
Fundraising Expenses $15,037
Program Expenses $429,415
Other Expenses $211,268
TOTAL EXPENSES $676,892

Year-over-Year Comparison

2024 2023 Change
Revenue $779,773 $948,372 -0.2%
Expenses $676,892 $877,803 -0.2%
Net Income $102,881 $70,569 +0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
140

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL REMOLE CEO/PRESIDENT 60.00
Officer Director
$0 $0 $0
GABRIELLE REMOLE BOARD MEMBER 12.00
Director
$0 $0 $0
MARY REMOLE BOARD MEMBER 40.00
Director
$0 $0 $0
MARTI SMITH BOARD MEMBER 10.00
Director
$0 $0 $0
CAROLYN STIPP KHADDAJ BOARD MEMBER 5.00
Director
$0 $0 $0
DIANE VINES BOARD MEMBER 5.00
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
2024 $779,773 $676,892 $205,730 $102,881
2023 $948,372 $877,803 $108,657 $70,569
2022 $379,487 $449,086 $41,827 $-69,599
2021 $359,395 $274,223 $113,416 $85,172
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