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Golden Gate Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223723263 ✦ Clayton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Golden Gate Inc?

Golden Gate Inc is a nonprofit organization situated in Clayton, New Jersey, with an address at 253 Maple Street, 08312. Their primary mission is to offer literacy programs to qualified children and adults, aiming to improve their reading and writing skills. Additionally, they provide after-school programs, extending their support beyond the classroom setting. The organization employs a team of 156 individuals who are dedicated to carrying out their mission and goals, focusing directly on the programs for learning purposes.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 83%, Three-Star out of Four Star rating.

Golden Gate Inc demonstrates a strong commitment to transparency and accountability, as reflected in its 83% score and Three-Star rating. The organization excels in governance, with a fully independent board and comprehensive policies in place, including conflict of interest and whistleblower protections. The high program expense ratio indicates that a significant portion of its resources is directed towards its mission, reinforcing its effectiveness.

The nonprofit's financial management appears to be sound, with a low liabilities to assets ratio, suggesting stability and prudent fiscal practices. However, the rating is derived solely from the Accountability & Finance beacon, which may limit insights into other operational aspects, such as program outcomes and community impact. While the organization showcases strong financial discipline, further details on its programmatic results would provide a fuller picture of its effectiveness in achieving its goals.


This AI summary has been generated from information found on Charity Navigator.

Is Golden Gate Inc legitimate?

Golden Gate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Gate Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $169,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,384,622

For more financial information, click here

What is the mission statement of Golden Gate Inc?

Golden Gate Inc is an organization committed to providing literacy programs for qualified children and adults. Beyond this, they offer after-school programs as well. Their mission is geared towards enhancing literacy skills and knowledge, directly funding programs aimed at learning purposes. The organization's revenue and expenses are closely tied to these educational initiatives.

Who is the CEO of Golden Gate Inc?

Valerie Robinson is the President of Golden Gate Inc.

What is the revenue of Golden Gate Inc?

Golden Gate Inc's revenue in 2022 was $3,767,745.

Who are the executives of Golden Gate Inc and what are their salaries?

The average compensation at Golden Gate Inc during 2022 was $9,959. There are 156 employees and 3 volunteers at Golden Gate Inc.


Here are 3 key members and their salaries:


Valerie Robinson (President)
  • Compensation: $143,000
  • Related: $0
  • Other: $0
Ernest Robinson (Trustee)
  • Compensation: $26,000
  • Related: $0
  • Other: $0
Susan Sawyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Golden Gate Inc?

Golden Gate Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Golden Gate Inc

Golden Gate Inc, a nonprofit organization, is established with a mission to provide literacy programs for qualified children and adults. Beyond simply offering these programs, Golden Gate Inc also extends its services to after-school activities. The organization's primary goal is to enhance the literacy skills of its participants, thereby contributing to their overall development and potential success. The financial resources allocated to Golden Gate Inc are directly connected to its programs, with the primary objective being to foster learning and personal growth.

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Impact




October, 2024

Golden Gate Inc significantly impacts the Clayton, NJ community by providing essential literacy programs to both children and adults. By focusing on improving literacy skills, the organization empowers individuals to enhance their educational and employment opportunities, ultimately fostering personal growth and self-sufficiency.

In addition to its literacy initiatives, Golden Gate Inc offers after-school programs that provide a safe and constructive environment for students. These programs not only support academic achievement but also promote social development and community engagement. The organization’s revenue and expenditures are directly tied to these learning initiatives, ensuring that resources are effectively utilized to maximize the benefits for participants.

Overall, Golden Gate Inc plays a crucial role in strengthening the community by addressing educational disparities and supporting lifelong learning. Its commitment to literacy and after-school programming contributes to a more educated, empowered, and engaged population in Clayton, NJ.




This information is meant to be a general summary of Golden Gate Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,767,745 (2022)
Expenses
$3,470,719 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Program Service Revenue: $3,436,709
  • Gross Receipts: $3,767,745

Assets and Liabilities:

  • Total Assets: $5,063,939
  • Total Liabilities: $2,372,643
  • Net Assets: $2,691,296

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DAYCARE PROGRAM

Revenue

$3,204,089

FOOD PROGRAM

Revenue

$63,676

LEGACY

Revenue

$3,760

MNGT AGREEMENT

Revenue

$165,184

Organization Details

Founding Year

2001

Principal Officer

Valerie Robinson

Main Address

253 MAPLE STREET, CLAYTON, NJ, 08312

NTEE Category

Code: P33 - Human services

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