New Gateways
Waterford, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,027,303↑17% | $2,894,082↑30% | $3,086,016↑101% | |
| 2022 | $2,591,371↑15% | $2,224,348↑18% | $1,534,816↑39% | — |
| 2021 | $2,247,041↑26% | $1,877,902↓4% | $1,107,605↑48% | — |
| 2020 | $1,780,150↓3% | $1,950,948↑4% | $750,543↓6% | — |
| 2019 | $1,844,245↓3% | $1,884,961↑3% | $797,625↓7% | — |
| 2018 | $1,899,471↑5% | $1,827,228 | $853,550↑11% | — |
| 2017 | $1,809,538↑5% | $1,825,521↑9% | $769,282↓6% | — |
| 2016 | $1,722,222 | $1,667,173↑9% | $820,754↑20% | — |
| 2015 | $1,714,734↑1% | $1,530,283↑1% | $685,461↑39% | — |
| 2014 | $1,696,374↑5% | $1,509,929 | $493,898↑30% | — |
| 2013 | $1,609,550↑2% | $1,514,456↑4% | $380,528↑34% | — |
| 2012 | $1,571,443↓5% | $1,456,306↓15% | $283,663↓27% | — |
| 2011 | $1,653,440 | $1,717,295 | $391,177 | — |
Frequently Asked Questions
What does New Gateways do?▼
New Gateways is a human services nonprofit organization based in Michigan. It is classified under NTEE code P80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Gateways financially healthy?▼
Based on our 9-metric Financial Health Score model, New Gateways has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Gateways generate?▼
New Gateways reports $3.0M in annual revenue and holds $2.5M in total assets, based on IRS filings.
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