Gate 1 Foundation is a 501(c)(3) organization based in Ft Washington, Pennsylvania, registered in 2015, with $606,782 in FY2025 revenue. CharityIndex grades it C.
Revenue (FY2025)
$607K
▼ 2.6% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$615K
Net assets
$3,590
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gate 1 Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gate 1 Foundation: 0 mo reserves · -1% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gate 1 Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gate 1 Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $77K (FY2014) to $607K (FY2025) across 9 reported years.
Financial snapshot
Operating margin
-1.3%
Spent more than it raised in the latest fiscal year.
Total assets
$3,590
Total liabilities
$0
Net assets
$3,590
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $606,782▼2.6% | $614,931 | $3,590▼69.4% | $3,590▼69.4% | 990PF |
| 2024 | $622,787▼0.7% | $614,867▼1.6% | $11,739▲207% | $11,739▲207% | 990PF |
| 2023 | $627,329▲22671% | $624,804▲22620% | $3,819▲195% | $3,819▲195% | 990PF |
| 2022 | $2,755▼3.3% | $2,750▼3.5% | $1,294▲0.4% | $1,294▲0.4% | 990PF |
| 2021 | $2,850▼95.7% | $2,850▼95.8% | $1,289 | $1,289 | 990PF |
| 2020 | $65,938▼64.2% | $68,375▼62.6% | $1,289▼65.4% | $1,289▼65.4% | 990PF |
| 2019 | $184,032▲47.1% | $182,945▲47.9% | $3,726▲1.6% | $3,726▲1.6% | 990PF |
| 2015 | $125,102▲62.5% | $123,703▲51.1% | $3,666▲61.7% | $3,666▲61.7% | 990PF |
| 2014 | $77,003 | $81,885 | $2,267 | $2,267 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Gate 1 Foundation (EIN 46-1058205) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.