Gatesway Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,752,858 | 9,115,704 | 637,154 | 1.9 | 64% |
| 2021 | 10,621,401 | 8,826,669 | 1,794,732 | 4.4 | 61% |
| 2022 | 9,918,070 | 9,244,892 | 673,178 | 5.1 | 62% |
| 2023 | 10,278,187 | 9,845,832 | 432,355 | 5.3 | 63% |
In its most recent public year (2023), this organization brought in $432,355 more than it spent. Its reserves stood at about 5.3 months of spending, up from 1.9 in 2020. Staff pay was 63% of spending.
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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