Overview
What is Gateway Orlando Arts Inc?
Gateway Orlando Arts Inc, a nonprofit organization situated in Orlando, Florida at 4409 Hoffner Ave STE 244, specializes in supporting local businesses along the Semoran Corridor. Prior to the pandemic, they actively participated in events, such as the Truck O Treat organized for Kaiser University in the Semoran Corridor. Their mission is centered around fostering growth and prosperity within the business community in this area, employing a team of one dedicated individual.
Official website here: www.gatewayorlando.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (57%)
Gateway Orlando Arts Inc has received a One-Star out of Four Star rating from Charity Navigator, primarily reflecting its low score in Accountability and Finance, which stands at 57%. This score indicates significant concerns regarding the charity’s financial health and operational efficiency. The rating is derived solely from the Accountability & Finance beacon, highlighting potential issues in how the organization manages its finances.
Despite these challenges, the nonprofit does exhibit some strengths in governance. It boasts a fully independent board with no material diversion of assets. The organization has also implemented key policies such as conflict of interest and whistleblower protections, all of which are available on its website. This suggests a commitment to transparency and ethical oversight.
However, the organization’s financial ratios raise red flags. With only 12.57% of expenses directed towards programs and a liabilities-to-assets ratio of 4.61%, there are concerns about its ability to sustain operations and effectively utilize its resources. These financial metrics indicate a need for improvement, suggesting that potential donors should carefully consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Gateway Orlando Arts Inc legitimate?
Gateway Orlando Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway Orlando Arts 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: $34,359
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gatewayorlando.org
What is the mission statement of Gateway Orlando Arts Inc?
Gateway Orlando Arts Inc, as an organization, is committed to facilitating the growth and prosperity of businesses along a specific corridor. This mission is reflected in their actions, such as supporting events, as demonstrated by their involvement in the Truck O Treat event organized for Kaiser University in the area prior to the pandemic years. Their primary goal is to foster an environment conducive to the success of businesses within their scope. While specific details about the initiatives they undertake or the methods they employ are not provided, it is clear that Gateway Orlando Arts Inc plays a role in promoting business growth and development.
Official website here: www.gatewayorlando.org
Who is the CEO of Gateway Orlando Arts Inc?
Unavailable
Official website here: www.gatewayorlando.org
What is the revenue of Gateway Orlando Arts Inc?
Gateway Orlando Arts Inc's revenue in 2022 was $43,351.
Official website here: www.gatewayorlando.org
Who are the executives of Gateway Orlando Arts Inc and what are their salaries?
The average compensation at Gateway Orlando Arts Inc during 2022 was $34,359. There is 1 employee at Gateway Orlando Arts Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.gatewayorlando.org
Where can I find the form 990 for Gateway Orlando Arts Inc?
Gateway Orlando Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gatewayorlando.org
Learn more at the official website: www.gatewayorlando.org
Mission Statement of Gateway Orlando Arts Inc
Gateway Orlando Arts Inc is a nonprofit organization with a mission to foster the growth and prosperity of businesses along Semoran Corridor. This mission is exemplified through their support of various events in the area, as evident from their involvement in the Truck O Treat event organized for Kaiser University prior to the pandemic years. By backing these events, Gateway Orlando Arts Inc contributes to creating a vibrant and thriving business environment across the Semoran Corridor.
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Impact
August, 2024
Gateway Orlando Arts Inc's impact is significant as it plays a crucial role in helping businesses along the Semoran Corridor grow and prosper. By supporting events and initiatives in the area, such as the Truck O Treat event organized for Kaiser University, the organization fosters economic development and community engagement. Its mission of supporting and promoting businesses in the Semoran Corridor makes a tangible difference in the local economy and strengthens the region's cultural and artistic landscape.
This information is meant to be a general summary of Gateway Orlando Arts 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $43,351
Assets and Liabilities:
- Total Assets: $25,353
- Total Liabilities: $763
- Net Assets: $24,590
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Organization Details
Founding Year
2018
Main Address
4409 HOFFNER AVE STE 244, ORLANDO, FL, 32812
Website
www.gatewayorlando.orgNTEE Category
Code: A99 - Arts
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