Gateway I Group Inc
501(c)(25)Community
Declining revenue
Gateway I Group Inc is a 501(c)(25) organization based in New York, New York, registered in 2001, with -$664,512 in FY2024 revenue.
1251 Ave of the Americas 24th Fl, New York, NY, 10020 EIN 22-3709317 Since 2001
Revenue (FY2024)
-$665K
▼ 580.7% vs prior year
Community median: $184K
Expenses (FY2024)
$0
Net assets
$78.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 I Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
—Financial health25% of the ratingNo headline financials
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. Not scored for Gateway I Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 I Group Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 I Group Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1251 Ave of the Americas 24th Fl, New York, NY, 10020
- City
- New York
- State
- New York
- Subcategory
- Business & Industry Associations
Financial trends
Revenue declined from $9.9M (FY2017) to -$665K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $75.7MNet assets $78.7M
Operating margin
-100.0%
Spent more than it raised in the latest fiscal year.
Total assets
$154.4M
Total liabilities
$75.7M
Net assets
$78.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$664,512▼581% | $0 | $78,680,944▼19.7% | $154,426,579▲3.2% | 990 |
| 2023 | $138,233▲107% | $0 | $98,030,057▼10.5% | $149,569,796▲5.4% | 990 |
| 2022 | -$2,096,730▼147% | $0 | $109,493,580▲12.0% | $141,876,327▲11.6% | 990 |
| 2021 | $4,474,478▼38.7% | $0 | $97,744,604▼25.8% | $127,075,307▼13.8% | 990 |
| 2020 | $7,300,318▼9.4% | $0 | $131,758,087▼4.1% | $147,362,045▼1.1% | 990 |
| 2019 | $8,062,099▲5.7% | $0 | $137,442,601▼5.8% | $148,964,143▼4.4% | 990 |
| 2018 | $7,626,471▼22.6% | $0 | $145,922,196▲2.4% | $155,842,969▲2.2% | 990 |
| 2017 | $9,854,933 | $0 | $142,542,192 | $152,557,276 | 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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Frequently asked questions
- Is Gateway I Group Inc a legitimate nonprofit?
- Yes. Gateway I Group Inc is a 501(c)(25) organization registered with the U.S. Internal Revenue Service under EIN 22-3709317, based in New York, New York.
- What is Gateway I Group Inc's EIN?
- Gateway I Group Inc's Employer Identification Number (EIN) is 22-3709317.
- How much revenue does Gateway I Group Inc report?
- Gateway I Group Inc reported -$664,512 in total revenue on its fiscal year 2024 IRS Form 990 filing.
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Data for Gateway I Group Inc (EIN 22-3709317) 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.