Gateway Second Chance Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GateWay Second Chance seeks to secure a safe, stable, community-based environment for at-risk youth needing a second chance to become contributing members of society by securing their future through education and life skills training to cultivate strategic partnerships that further broaden its donor base.
- Income
- $199,933
- Spending
- $225,833
- Reserves
- 1.8 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 34 out of 100. Higher than 5% of charities in its peer group (philanthropy, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.8 months of spending.
Debt
10 of 20It owes 33% of what it owns.
Living within its means
4 of 15Spending exceeded income by 13% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $225,183 spent. Unexpected economic consequences that resulted from large-scale federal workforce layoffs, many of whom were our donors, caused us to effect changes that successfully precluded its negative impact on our continued effectiveness in moving the intent and purpose of the organization forward.Utilizing the expertise of one of our former Board members a business owner-we were able to get the service of a full-time Executive Director well below market cost. And, by leveraging his increased knowledge and experience, atypical means of financial success was enhanced by accomplishing $20,655 in increased donations via the newly created Shortfall Level Up program. Maximizing increased social media skill enabled greater donations by our major fundraiser, the 10th Annual Prayer Breakfast, which resulted in a total revenue achievement in excess of $65,000.Additionally, the summer fundraiser Top Golf generated more than double the amount over 2024 with revenue realized of $10,995.Lastly, by offsetting the financial fallout that negatively impacted a percentage of our donors, for example we were only able to maintain 85% to 90% of our previous years Sustaining Parent donors, we nevertheless generated an increase over 2023 with revenue realized of $194,676.67.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.