Gateway Maryland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 8,444,691 | 7,835,956 | 608,735 | 12.6 | 45% |
| 2022 | 8,958,362 | 8,913,530 | 44,832 | 11.1 | 54% |
| 2023 | 10,475,006 | 10,463,088 | 11,918 | 9.5 | 51% |
In its most recent public year (2023), this organization brought in $11,918 more than it spent. Its reserves stood at about 9.5 months of spending, down from 12.6 in 2021. Staff pay was 51% of spending. $684,931 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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