Gateway Foundation-texas Gateway Foundation Inc is a 501(c)(3) organization based in Houston, Texas, registered in 1994, with $17,016,659 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$17.0M
▼ 17.7% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$18.2M
Net assets
-$35.0M
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 Gateway Foundation-texas Gateway Foundation Inc— 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 Gateway Foundation-texas Gateway Foundation Inc: 0 mo reserves · -7% margin earns a F 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 Gateway Foundation-texas Gateway Foundation Inc— 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 Gateway Foundation-texas Gateway Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $27.7M (FY2016) to $17.0M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-7.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$36.3M
Net assets
-$35.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,016,659▼17.7% | $18,239,886▼16.6% | -$34,978,487▼3.6% | $1,306,262▼54.6% | 990 |
| 2023 | $20,684,469▲6.4% | $21,872,984▲1.8% | -$33,755,260▼3.6% | $2,878,074▼26.4% | 990 |
| 2022 | $19,432,442▲19.5% | $21,491,582▲6.9% | -$32,566,745▼6.7% | $3,912,550▲93.9% | 990 |
| 2021 | $16,261,442▲1.8% | $20,097,062▲13.5% | -$30,507,605▼14.4% | $2,017,796▼40.4% | 990 |
| 2020 | $15,980,513▼6.9% | $17,701,436▼8.3% | -$26,671,985▼6.9% | $3,387,641▲60.3% | 990 |
| 2019 | $17,158,593▼2.2% | $19,301,378▼1.3% | -$24,951,062▼9.4% | $2,113,426▼3.9% | 990 |
| 2018 | $17,552,076▼1.6% | $19,554,638▼0.9% | -$22,808,277▼9.6% | $2,199,066▼6.1% | 990 |
| 2017 | $17,840,815▼35.5% | $19,738,646▼32.5% | -$20,805,715▼10.0% | $2,340,852▼4.6% | 990 |
| 2016 | $27,669,355 | $29,253,990 | -$18,907,884 | $2,453,553 | 990 |
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 Gateway Foundation-texas Gateway Foundation Inc (EIN 76-0431133) 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.