Civic Intelligence

Mcdowell Healthcare Foundation Inc

990 • Fiscal year 2019 • EIN 46-3395393

Oct 01, 2018 to Sep 30, 2019 • Filed on May 13, 2020

Organization ProfileGATEWAYWELLNESSFOUNDATION.ORG
135 S Main StreetMarion, NC 28752

(828) 559-9270

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2019 filings • NTEE P • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2019 filings • NTEE P • $5M-$10M nonprofits • Source year 2019

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

2019 filings • NTEE P • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE P • $5M-$10M nonprofits • Source year 2019

Asset Growth

99th percentile

2949%

Faster asset growth than 99% of similar nonprofits.

2019 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

2146%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$5,112,373

Up $4,944,722 (+2949%) from 2018

Net Assets

Up

$5,107,237

Up $4,948,194 (+3111%) from 2018

Liabilities

Down

$5,136

Down $3,472 (-40%) from 2018

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin98th percentile

Revenue

Up

$5,092,117

Up $4,865,429 (+2146%) from 2018

Expenses

Down

$128,353

Down $321,833 (-71%) from 2018

Net Income

Up

$4,963,764

Up $5,187,262 (+2321%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2013: $94,145Liabilities 2013: $653Net Assets 2013: $93,4922013Assets 2014: $211,397Liabilities 2014: $38,551Net Assets 2014: $172,8462014Assets 2015: $478,949Liabilities 2015: $117,718Net Assets 2015: $361,2312015Assets 2016: $415,364Liabilities 2016: $0Net Assets 2016: $415,3642016Assets 2017: $568,039Liabilities 2017: $0Net Assets 2017: $568,0392017Assets 2018: $167,651Liabilities 2018: $8,608Net Assets 2018: $159,0432018Assets 2019: $5,112,373Liabilities 2019: $5,136Net Assets 2019: $5,107,2372019Assets 2020: $11,336,683Liabilities 2020: $368,388Net Assets 2020: $10,968,2952020Assets 2021: $18,204,515Liabilities 2021: $533,042Net Assets 2021: $17,671,4732021Assets 2022: $16,638,622Liabilities 2022: $1,257,825Net Assets 2022: $15,380,7972022Assets 2023: $17,260,932Liabilities 2023: $591,400Net Assets 2023: $16,669,5322023Assets 2024: $19,144,944Liabilities 2024: $1,392,557Net Assets 2024: $17,752,3872024

Highlighted filing

2019

Assets$5,112,373
Liabilities$5,136
Net Assets$5,107,237
Open 2019 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $94,145Expenses 2013: $653Net Income 2013: $93,4922013Revenue 2014: $187,757Expenses 2014: $108,060Net Income 2014: $79,6972014Revenue 2015: $395,021Expenses 2015: $341,281Net Income 2015: $53,7402015Revenue 2016: $451,698Expenses 2016: $400,717Net Income 2016: $50,9812016Revenue 2017: $591,895Expenses 2017: $443,930Net Income 2017: $147,9652017Revenue 2018: $226,688Expenses 2018: $450,186Net Income 2018: -$223,4982018Revenue 2019: $5,092,117Expenses 2019: $128,353Net Income 2019: $4,963,7642019Revenue 2020: $5,898,104Expenses 2020: $905,344Net Income 2020: $4,992,7602020Revenue 2021: $6,910,943Expenses 2021: $962,408Net Income 2021: $5,948,5352021Revenue 2022: $1,412,046Expenses 2022: $1,328,188Net Income 2022: $83,8582022Revenue 2023: $1,792,210Expenses 2023: $2,259,720Net Income 2023: -$467,5102023Revenue 2024: $2,733,893Expenses 2024: $2,501,913Net Income 2024: $231,9802024

Highlighted filing

2019

Revenue$5,092,117
Expenses$128,353
Net Income$4,963,764
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
May 13, 2020
Return Version
2018v3.1
Gross Receipts
$5,092,117
Mission and Program Overview

Mission

The foundation's primary mission is to support the mission and programs of the mcdowell hospital, inc.

Our mission is centered in the health and wellbeing of our western north carolina community. Through intentional partnerships and collaborations, gateway wellness improves and supports quality of life in wnc by promoting wellness opportunities among organizations for people we serve regionally.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$51,889$4,877,645▲ $4,825,756
Cash and Non-Interest-Bearing Accounts$113,525$153,506▲ $39,981
Accounts Receivable-$77,477-
Land, Buildings, and Equipment, Net$0$3,745▲ $3,745
Total Assets$167,651$5,112,373▲ $4,944,722
Other Assets Total$2,237--
Liabilities
Other Liabilities$8,608$0▼ $8,608
Accounts Payable and Accrued Expenses-$5,136-
Total Liabilities$8,608$5,136▼ $3,472
Net Assets / Fund Balance
Unrestricted Net Assets$129,880$5,107,237▲ $4,977,357
Temporarily Rstr Net Assets$29,163$0▼ $29,163
Total Net Assets Fund Balance$159,043$5,107,237▲ $4,948,194
Total Liabilities and Net Assets / Fund Balance$167,651$5,112,373▲ $4,944,722

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,745$146$3,891

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$53,916----
2017$51,070-▲ $2,846-$53,916
2016$46,664-▲ $4,406-$51,070
2015$46,859-▼ $195-$46,664
2014$44,788-▲ $2,071-$46,859
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
Norman GuthrieChairman
Kerry DavisVice Chair
Hill EvansMember
Lisa BuffMember
Rebecca CrossMember
Marion BakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,040,592
Program Service Revenue
$0
Investment Income
$51,525
Other Revenue
$0
All Other Contributions
$5,040,592
Change in Net Assets
$4,963,764

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,092,117
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$131,336
Total Revenue per Audited Statements
$5,223,453
Total Revenue per Form 990
$5,092,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$65,664
Other Expenses$46,490
Salaries, Compensation, and Employee Benefits$46,482
Grants and Similar Amounts Paid$35,381
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$15,870$23,804$39,674
Grants to Domestic Individuals$35,381--$35,381
Occupancy-$4,984$19,936$24,920
Advertising-$722$2,887$3,609
Payroll Taxes-$708$2,832$3,540
Other Employee Benefits-$1,307$1,961$3,268
Office Expenses-$485$1,903$2,388
All Other Expenses-$373$1,491$1,864
Fees for Services Accounting-$310$1,240$1,550
Other Expenses-$234$937$1,171
Insurance-$117$467$584
Depreciation Depletion-$146-$146
Total Functional Expenses$35,381$27,308$65,664$128,353

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$275,259
Expenses Not Reported on Form 990$146,906
Expenses per Audited Statements$128,353
Total Expenses per Form 990$128,353
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“990 will be sent by email to all board members and reviewed and approved by the board chair and treasurer and then reviewed at the next board meeting”

Form 990, Part VI, Section B, Line 12C

“Annual submission of compliance and conflict forms”

Form 990, Part VI, Section B, Line 15

“The board consults with a search firm and another nonprofit on compensation levels when employing the current employees”

Form 990, Part VI, Section C, Line 18

“Will be on guidestar, will distribute if required”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Gateway Wellness Foundation
EIN
46-3395393
Phone
8285599270
Address
135 S MAIN STREET, MARION, NC 28752

Signing Officer

Name
Norman Guthrie
Title
Board Chairman
Phone
8285599270
Signed
2020-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Norman Guthrie
Formed
2013
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
6

Preparer

Firm
Lowdermilk Church & Co Llp
Address
121 NORTH STERLING STREET, MORGANTON, NC 28655
Preparer
Phillip E Church
Phone
8284331226
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“To support the health and well-being of the people and communities in western north carolina”

Form 990, Part III, Line 3

“Previously the foundation supported the mission and programs of mcdowell hospital which was sold”

Financial Statement Notes

PART X, LINE 2:

“Fasb asc 740-10 accounting for uncertainty in income taxes clarifies the accounting for uncertainty in income tax positions. Based on an evaluation of uncertain tax positions management is required to measure potential tax liabilities that could have a risk greater than a 50% likelihood of being relized upon settlement. As of september 30, 2019 management has determined that the foundation has no such risk and therefore no liabilities have been recorded for uncertain tax positions. The foundation is no longer subject to examination by federal authorities for years prior to 2016.”

Raw XML AppendixShowing 400 of 424 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0958
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01519
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt040462
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.23550
IRS990ScheduleA/PublicSupportPY170Pct00.65670
IRS990ScheduleA/PublicSupportTotal170Amt01595536
IRS990ScheduleA/SubstantialContributorsTotAmt05138880
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05040592
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0258455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0592200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0450178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0392991
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06734416
IRS990ScheduleA/TotalSupportAmt06774878
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt053916
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt053916
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt051070
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt053916
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02846
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt046664
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt051070
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04406
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt046859
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt046664
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-195
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt044788
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt046859
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02071
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0146906
IRS990ScheduleD/DonatedServicesUseFcltsAmt0146906
IRS990ScheduleD/EquipmentGrp/BookValueAmt03745
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0146
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03891
IRS990ScheduleD/ExpensesNotReportedAmt0146906
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0128353
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-15570
IRS990ScheduleD/RevenueNotReportedAmt0131336
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05092117
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740-10 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS MANAGEMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK GREATER THAN A 50% LIKELIHOOD OF BEING RELIZED UPON SETTLEMENT. AS OF SEPTEMBER 30, 2019 MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03745
IRS990ScheduleD/TotalExpensesPerForm990Amt0128353
IRS990ScheduleD/TotalRevenuePerForm990Amt05092117
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05223453
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0275259
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt035381
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR EDUCATIONAL OPPORTUNITIES IN HEALTH RELATED CAREERS FOR STUDENTS IN WESTERN NORTH CAROLINA
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHLORSHIPS ARE PROVIDED FOR STUDENTS IN WESTERN NORTH CAROLINA
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SUPPORT THE HEALTH AND WELL-BEING OF THE PEOPLE AND COMMUNITIES IN WESTERN NORTH CAROLINA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREVIOUSLY THE FOUNDATION SUPPORTED THE MISSION AND PROGRAMS OF MCDOWELL HOSPITAL WHICH WAS SOLD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 WILL BE SENT BY EMAIL TO ALL BOARD MEMBERS AND REVIEWED AND APPROVED BY THE BOARD CHAIR AND TREASURER AND THEN REVIEWED AT THE NEXT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL SUBMISSION OF COMPLIANCE AND CONFLICT FORMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD CONSULTS WITH A SEARCH FIRM AND ANOTHER NONPROFIT ON COMPENSATION LEVELS WHEN EMPLOYING THE CURRENT EMPLOYEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WILL BE ON GUIDESTAR, WILL DISTRIBUTE IF REQUIRED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt029163
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0167651
IRS990/TotalAssetsEOYAmt05112373
IRS990/TotalAssetsGrp/BOYAmt0167651
IRS990/TotalAssetsGrp/EOYAmt05112373
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05040592
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt065664
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027308
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt035381
IRS990/TotalFunctionalExpensesGrp/TotalAmt0128353
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08608
IRS990/TotalLiabilitiesEOYAmt05136
IRS990/TotalLiabilitiesGrp/BOYAmt08608
IRS990/TotalLiabilitiesGrp/EOYAmt05136
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0159043
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05107237
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt035381
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt051525
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05092117
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0167651
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05112373
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0129880
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05107237
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0135 S MAIN STREET
IRS990/USAddress/CityNm0MARION
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028752
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0GATEWAYWELLNESSFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NORMAN GUTHRIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08285599270
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GATEWAY WELLNESS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GATE
ReturnHeader/Filer/EIN0463395393
ReturnHeader/Filer/PhoneNum08285599270

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,112,373
Liabilities
$5,136
Net assets
$5,107,237
Revenue
$5,092,117
Expenses
$128,353
Net income
$4,963,764
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.1$1.39$17.8$2.73$2.50$0.23
2023Detailed filing. Detailed filing data is available for this year.$17.3$0.59$16.7$1.79$2.26$0.47
2022Detailed filing. Detailed filing data is available for this year.$16.6$1.26$15.4$1.41$1.33$0.08
2021Detailed filing. Detailed filing data is available for this year.$18.2$0.53$17.7$6.91$0.96$5.95
2020Detailed filing. Detailed filing data is available for this year.$11.3$0.37$11.0$5.90$0.91$4.99
2019Detailed filing. Detailed filing data is available for this year.$5.11$0.01$5.11$5.09$0.13$4.96
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.16$0.23$0.45$0.22
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.59$0.44$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.45$0.40$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.12$0.36$0.40$0.34$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.04$0.17$0.19$0.11$0.08
2013Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.09$0.00$0.09