Narrow Gate Foundation EIN 37-1496649 Form 990 (PDF) Claim this org

Narrow Gate Foundation FY2022 filing

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Fights human trafficking by leading and supporting groups ending child sex slavery. For fiscal year 2022 it reported $606K in revenue, $957K in expenses, and $1.2M in net assets.Pt I

Type
Religious organization · Religion
Location
Las Vegas, NV
Website
www.protectthepath.org
Filings
5 on file (2020–2022)
Revenue
$606KFY2022
Expenses
$957K
Net assets
$1.2M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  37-1496649 Religious organization Las Vegas, NV
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Fights human trafficking by leading and supporting groups ending child sex slavery.
Leadership
Marilyn Malone · Secretary/Treas · $99K
Money in and out
$606K revenue, $957K expenses
Bottom line
93% program efficiency
Where the money goes · FY2022
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$957K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$351K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.03 Fundraising $0.03
Program efficiency
93%
of spending reaches programs
Operating runway
10.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-58%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$606K
FY2022▲ +48%
Expenses
$957K
FY2022▼ -21%
Total assets
$1.2M
FY2022▼ -23%
Total liabilities
$2K
FY20220%
Total revenue
$606K
Pt VIII · Ln 12
Total expenses
$957K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$351K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $894K of program spending, described in the organization's own filed words · FY2022.
01

The narrow gate FOUNDATION/PROTECT the path ministry has established itself as an influential leader in the fight against human trafficking. PTP provides collaborative leadership and support to numberous non-profits, ngo's, and ministries working to end the sex slavery of children in america.

$894Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNarrow Gate Foundation
EINHdr · item D37-1496649
Principal addressHdr · item CLas Vegas, NV
WebsiteHdr · item Jwww.protectthepath.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X99)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary/Treas
$99,000Pt VII · Sec A
President
$88,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kevin Malone’s $136K as President is at the 96th percentile of top reported officer pay among 2135 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kevin Malone$135,858$88,000$88,000$88,000$88,000
Marilyn Malone$99,000$99,000$99,000$99,000$99,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$600K · 99%
Program service revenue$6K · 1%
Contributions & grants99%$600K
Program service revenue1%$6K
Total revenueLn 12$606K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.03 Fundraising $0.03
Program services93%$894K
Management & general3%$31K
Fundraising3%$31K
Total functional expensesLn 25$957K

Balance Sheet

Part X · end of year
CashLn 1$794K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$2K
Total net assetsLn 32$1.2M
Months of cash on handcomputed10.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $794K · Operating expenses/yr $957K
10.0 months
Where the money goes
Program services
Program services $894K · Total expenses $957K
93%
Management & General
Management & general $31K · Total expenses $957K
3%
Fundraising
Fundraising $31K · Total expenses $957K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $32K · Solicited contributions (3-yr avg) $674K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $600K · Total revenue $606K
99%
Government reliance
Government grants — · Total revenue $606K
Earned-income share
Program service revenue $6K · Total revenue $606K
0.9%
Investment reliance
Investment income $0 · Total revenue $606K
0%
Program self-sufficiency
Program service revenue $6K · Total expenses $957K
0.6%
Growth & trend
Revenue growth (YoY)
This year $606K · Prior year $408K
+48%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $606K · Expenses $957K
-58%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.2M
0%
People & payroll
Highest Reported Total Compensation
Individual Marilyn Malone · Reported title Secretary/Treas · Highest reported compensation $99K · Total expenses $957K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $259K · Total expenses $957K
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 3%
Fundraising cost ratio 5%
Revenue growth 48%
Investment management fee ratio 0%
Legal fee ratio 2%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$600K
Grants paid · 45 grants · $2.7M · 2020–2024
Patrick Henry CollegeVA · FY2024$25,000
Free InternationalFY2024$25,000
Love City INCFY2024$15,000
Life Recaptured INCFL · FY2024$7,500
FacessCA · FY2023$156,000
Envoy FinancialFY2023$93,500
Inner-City VisionsCA · FY2023$67,500
Cry for ZionIA · FY2023$15,000
Hayovel MinistryFY2023$10,000
Emunah IsrealFY2023$10,000
FacessCA · FY2022$204,000
Inner-City VisionsCA · FY2022$160,000
More Too Life INCFL · FY2022$52,000
Brinjured INCNV · FY2022$50,000
Hayovel MinistryFY2022$31,250
Hope for the HomelessFY2022$25,000
Only Hope Prison MinistriesCA · FY2022$13,000
Love City INCFY2022$10,000
See all 45 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$505K revenue · ⤓ 990 PDF
FY2023$756K revenue · ⤓ 990 PDF
FY2022$606K revenue · viewing · ⤓ 990 PDF
FY2021$408K revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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