Gateway Apprenticeship Program EIN 84-1346716

Gateway Apprenticeship Program FY2024 filing

EIN  84-1346716 Public charity (501(c)(3)) Boulder, CO
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Verified accurate 9/4/26 · see original filing: IRS
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Size
$1–10M
What they do
Educates children by age, then unites them for seasonal activities and celebrations.
Leadership
Aiyana Rutherford · Treasurer
Money in and out
$1.9M revenue, $495K expenses
Bottom line
75% program efficiency

Educates children by age, then unites them for seasonal activities and celebrations. For fiscal year 2024 it reported $1.9M in revenue, $495K in expenses, and $2.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$495K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.4M
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.25
Program efficiency
75%
of spending reaches programs
Operating runway
23.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+74%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.9M
FY2024▲ +54%
Expenses
$495K
FY2024▲ +146%
Total assets
$4.1M
FY2024▲ +18%
Total liabilities
$1.6M
FY2024▼ -32%
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$495K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.4M
Total assetsPt X · Ln 16$4.1M
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $373K of program spending, described in the organization's own filed words · FY2023.
01

Social education for home schooled children. The children (13) are schooled by age groups and then come together for various activities and celebrations of the seasons.

$373Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGateway Apprenticeship Program
EINHdr · item D84-1346716
Principal addressHdr · item CBoulder, CO
WebsiteHdr · item Jwww.sagehamilton.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFJun 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Gateway Apprenticeship Program executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$1.5M · 79%
Program service revenue$375K · 20%
Investment income$12K · 1%
Contributions & grants79%$1.5M
Program service revenue20%$375K
Investment income1%$12K
— government grantsLn 1e$1.5M
Total revenueLn 12$1.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25
Program services75%$373K
Management & general25%$122K
Total functional expensesLn 25$495K

Balance Sheet

Part X · end of year
CashLn 1$953K
Total assetsLn 16$4.1M
Total liabilitiesLn 26$1.6M
Total net assetsLn 32$2.5M
Months of cash on handcomputed23.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $953K · Operating expenses/yr $495K
23.1 months
Where the money goes
Program services
Program services $373K · Total expenses $495K
75%
Management & General
Management & general $122K · Total expenses $495K
25%
Fundraising
Fundraising $0 · Total expenses $495K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.5M · Total revenue $1.9M
79%
Government reliance
Government grants $1.5M · Total revenue $1.9M
79%
Earned-income share
Program service revenue $375K · Total revenue $1.9M
20%
Investment reliance
Investment income $12K · Total revenue $1.9M
+1%
Program self-sufficiency
Program service revenue $375K · Total expenses $495K
76%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $1.2M
+54%
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $495K
+74%
Liabilities-to-Assets
Total liabilities — · Total assets $4.1M
Net-asset ratio
Net assets $2.5M · Total assets $4.1M
61%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Aiyana Rutherford · Reported title TREASURER · Highest reported compensation $0 · Total expenses $495K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $198K · Total expenses $495K
40%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 25%
Fundraising cost ratio 0%
Revenue growth 54%
Legal fee ratio 1%
Accounting fee ratio 2%

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 · funders on record
Grants received · FY2023
Impactassets INCFY2023$1.0M
Total grants receivedfrom 3 funders$1.0M
See all 3 funders →

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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
FY2025 (Latest)$2.0M revenue · ⤓ 990 PDF
FY2024$1.9M revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$183K revenue · ⤓ 990 PDF
FY2021$162K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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