Overview
What is Gateway?
Gateway, located at 1401 29th Street South, Birmingham, AL 35205, is a nonprofit organization with a mission to support Alabama's children and families. Established over a century ago, Gateway has dedicated its efforts to ensuring the well-being of children in foster care. Their therapeutic foster care and independent living programs aim to provide a safe and stable environment, promoting health, education, and financial stability. Last year, one-fifth of the therapeutic foster youth were successfully adopted or reunited with their families. Moreover, youth in the independent living program surpassed national averages, with over 23% enrolling in higher education and 77% securing employment. Gateway's commitment to its mission makes it a significant game-changer for Alabama's children and families.
Official website here: www.gway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Gateway has achieved a top rating of 100% from Charity Navigator, earning a prestigious Four-Star out of Four Star rating. This exceptional score reflects the organization's strong accountability and finance practices, demonstrating their commitment to transparency and responsible management of resources. Their score is based entirely on the Accountability & Finance beacon, indicating a comprehensive evaluation of their financial health.
Among the notable strengths, Gateway boasts a fully independent board, with 100% of its members meeting independence criteria. The organization also excels in financial oversight, with no material diversion of assets reported and a high program expense ratio at 82.61%. Their fundraising efficiency is impressive, costing just $0.002 to generate each dollar, showcasing their effective resource utilization.
The organization's financial practices are further reinforced by comprehensive policies, including conflict of interest and whistleblower policies, all transparently listed on their website. While the ratings are overwhelmingly positive, it is important to note that the evaluation focuses solely on financial measures; thus, additional insights into their programmatic impact may provide a more rounded view of their effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Gateway legitimate?
Gateway is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway 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: $526,532
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,067,700
For more financial information, click here
Official website here: www.gway.org
What is the mission statement of Gateway?
Gateway, an organization dedicated to making a difference, serves as a transformative force for children and families in Alabama. Their mission, for over a century, has been centered around fostering permanent family connections for children, recognizing the significant impact it has on various aspects of their lives, including health, education, safety, and financial stability. Gateway has consistently worked towards helping children flourish in secure families and supporting them to become resilient young adults. Last year, one out of five children in Gateway's therapeutic foster care program successfully found permanent homes or were safely reunited with their families. Moreover, youth enrolled in Gateway's Independent Living program surpassed national averages, with over 23% pursuing higher education and 77% securing employment.
Official website here: www.gway.org
Who is the CEO of Gateway?
John Brack is the Board Chairman of Gateway. The CEO's salary of Gateway is $212,813 and their total compensation is $234,478.
Official website here: www.gway.org
What is the revenue of Gateway?
Gateway's revenue in 2022 was $6,606,327.
Official website here: www.gway.org
Who are the executives of Gateway and what are their salaries?
The average compensation at Gateway during 2022 was $47,168. There are 55 employees at Gateway.
Here are 9 key members and their salaries (Gateway's CEO's salary is $212,813 and their total compensation is $234,478):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $107,037
- Related: $0
- Other: $11,304
- Compensation: $212,813
- Related: $0
- Other: $21,665
- Compensation: $123,282
- Related: $0
- Other: $6,756
- Compensation: $91,955
- Related: $0
- Other: $15,648
Official website here: www.gway.org
Where can I find the form 990 for Gateway?
Gateway's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gway.org
Learn more at the official website: www.gway.org
Mission Statement of Gateway
Gateway, a game-changer for Alabama children and families, has a mission that centers around fostering permanent family connections for children. With a history spanning over a century, Gateway has dedicated its efforts to ensuring the well-being of children in its care, focusing on their health, education, safety, and financial stability. The organization's mission is to help children thrive in secure families and prepare them to become strong, independent young adults.
Gateway's commitment to this mission is evident in its Foster Care Programs, including Therapeutic Foster Care and the Independent Living Program. Through these programs, Gateway has successfully facilitated permanent family connections for many children. Last year, one in five children in Gateway's Therapeutic Foster Care program were either adopted or safely returned to their families. Furthermore, youth enrolled in Gateway's Independent Living program exceeded national averages, with over 23% enrolling in higher education and 77% securing employment.
In essence, Gateway's mission is to provide a nurturing environment for children in need, enabling them to grow into self-sufficient individuals equipped to navigate life's challenges. The organization's success in achieving these outcomes is a testament to its dedication and unwavering commitment to the well-being of Alabama's children and families.
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Impact
July, 2024
Gateway's impact on Alabama children and families is profound. Through its Foster Care Programs, including Therapeutic Foster Care and Independent Living Program, Gateway has been a game changer for over a century. By focusing on helping children flourish in safe, permanent families and empowering them to become strong young adults, Gateway has significantly improved the health, education, safety, and financial stability of countless individuals. Last year alone, 1 in 5 of Gateway's therapeutic foster youth were able to find permanent homes or safely return to their families. Moreover, the Independent Living program has seen impressive outcomes, with over 23% of youth enrolling in college and 77% securing employment - well above national averages. Gateway's impact is a beacon of hope for the youth and families of Alabama.
This information is meant to be a general summary of Gateway. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $363,104
- Program Service Revenue: $3,085,934
- Gross Receipts: $7,926,763
Assets and Liabilities:
- Total Assets: $35,122,006
- Total Liabilities: $1,670,639
- Net Assets: $33,451,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract Revenue
Revenue
$2,030,310
Medicaid Revenue
Revenue
$965,493
Program Service Fees
Revenue
$90,131
Organization Details
Founding Year
1891
Phone
(205) 510-2600Principal Officer
John Brack
Main Address
1401 29th Street South, Birmingham, AL, 35205
Website
www.gway.orgNTEE Category
Code: P200 - Human services
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