GATEWAY TO DEMOCRACY INC

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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

2024

Legal Domicile

Principal Officer

SAILY AVELENDA

Phone

2016003338

Tax Period

2024-01-05 to 2024-12-31

GATEWAY TO DEMOCRACY INC, founded in 2024, is a small nonprofit that reported $778K in total revenue in fiscal year 2024. Expenses of $726K left a modest 7% surplus.

Mission

THE GATEWAY TO DEMOCRACY INC. IS A 501(C)(4) SOCIAL-WELFARE ORGANIZATION FORMED EXCLUSIVELY TO PROMOTE THE SOCIAL WELFARE BY OPERATING PRIMARILY TO FURTHER THE COMMON GOOD AND GENERAL WELFARE OF THE PEOPLE OF THE STATE OF NEW JERSEY BY FOSTERING COMMUNITY PROSPERITY, CIVIC ENGAGEMENT, AND COMMUNITY REVITALIZATION.

Program Service Accomplishments

Program 1

Expenses: $513,138

GATEWAY TO DEMOCRACY HOSTED EVENTS THAT FOSTER COMMUNITY ENGAGEMENT AND CIVIC ENGAGEMENT.

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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 $777,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $777,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $45,000

Program Expenses $513,138

Other Expenses $680,816

TOTAL EXPENSES $725,816

Year-over-Year Comparison

	2024	2023	Change
Revenue	$777,500	N/A	N/A
Expenses	$725,816	N/A	N/A
Net Income	$51,684	N/A	N/A

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAQUELINE JONES	CHAIR	1.00	Officer Director	$0	$0	$0
DAVID PARANO	TREASURER	1.00	Officer Director	$0	$0	$0
ARLENE QUINONEZ PEREZ	SECRETARY	1.00	Officer Director	$0	$0	$0
SAILY AVELENDA	PRESIDENT (SEE SCHEDULE L)	40.00	Officer	$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	$777,500	$725,816	$51,684	$51,684