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Nonprofiteer
← GATEWAY WOODS -APOSTOLIC CHRISTIAN CHILDRENS HOME INC

Form 990 for tax year 2023

Filed by GATEWAY WOODS -APOSTOLIC CHRISTIAN CHILDRENS HOME INC.

Totals

Total revenue
$5,550,205
Total expenses
$1,950,612
Contributions and grants received
$3,683,488
Grants paid
$1,191,958
Program service revenue
$507,432
Investment income
$1,358,620
Other revenue
$665
Total assets, end of year
$29,030,006
Total liabilities, end of year
$22,491
Net assets or fund balances, end of year
$29,007,515
Program services expenses (Part IX)
$1,482,093
Management and general expenses
$93,331
Fundraising expenses
$375,188
Program service expenses (Part III)
$1,482,093

Program services were 76.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,078,669

  • 1f · All other contributions, gifts and grants

    $2,604,819

  • 2a · Program service revenue: CAMPUS LEASE-SPRTG ENTITY

    total $507,432 · related or exempt $507,432

  • 3 · Investment income

    total $683,039 · excluded $683,039

  • 7a · Gross sales of assets other than inventory

    securities $6,513,983 · other assets $154,107

  • 7b · Less cost or other basis and sales expenses

    securities $5,992,509

  • 7c · Gain or loss

    securities $521,474 · other assets $154,107

  • 7d · Net gain or loss

    total $675,581 · excluded $675,581

  • 8a · Fundraising events: contributions included on line 1c

    $1,078,669

  • 11a · Other revenue: OTHER INCOME

    total $665 · excluded $665

  • 11e · Other revenue, total

    $665

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,145,000 · program services $1,145,000

  • 2 · Grants to domestic individuals

    total $46,958 · program services $46,958

  • 11a · Fees: management

    total $294,441 · management and general $73,956 · fundraising $220,485

  • 11c · Fees: accounting

    total $8,330 · management and general $8,330

  • 12 · Advertising and promotion

    total $31,667 · management and general $123 · fundraising $31,544

  • 13 · Office expenses

    total $11,361 · management and general $4,896 · fundraising $6,465

  • 16 · Occupancy

    total $4,082 · program services $4,082

  • 17 · Travel

    total $12,107 · management and general $288 · fundraising $11,819

  • 22 · Depreciation, depletion and amortization

    total $269,130 · program services $269,130

  • 24a · Other expenses: EQUIPMENT SUPPLIES

    total $103,499 · management and general $4,305 · fundraising $99,194

  • 24b · Other expenses: MAINTENENCE & UTILITIES

    total $11,046 · program services $11,046

  • 24c · Other expenses: MEALS EXPENSE

    total $7,114 · management and general $1,433 · fundraising $5,681

  • 24d · Other expenses: PROGRAM EXPENSES

    total $5,877 · program services $5,877

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,856,303 · end of year $2,088,359

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,725 · end of year $13,850

  • 10a · Land, buildings and equipment: cost or other basis

    $7,885,877

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,575,881

  • 10c · Land, buildings and equipment, net

    beginning of year $3,025,592 · end of year $3,309,996

  • 11 · Investments: publicly traded securities

    beginning of year $19,606,970 · end of year $23,549,914

  • 15 · Other assets

    beginning of year $36,408 · end of year $67,887

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,254 · end of year $22,491

  • 27 · Net assets without donor restrictions

    beginning of year $22,709,688 · end of year $26,164,372

  • 28 · Net assets with donor restrictions

    beginning of year $1,817,056 · end of year $2,843,143

Mission and programs · 2023

Mission

TO HONOR AND OBEY GOD BY PROVIDING HOPE AND HEALING TO CHILDREN AND FAMILIES, WHO MAY THEN BLESS OTHERS, BY SUPPORTING RESIDENTIAL, EDUCATIONAL, FOSTER CARE, ADOPTION AND OTHER INNOVATIVE FAMILY PROGRAMS.

  • TO SUPPORT CHILDREN AND FAMILY SERVICES BY MAKING ALLOCATIONS TO ITS SUPPORTING ENTITY GATEWAY WOODS CHILDREN AND FAMILY SERVICES, INC. WHICH PROVIDES MULTIPLE PROGRAMS TO CHILDREN AND FAMILIES, INCLUDING RESIDENTIAL, EDUCATIONAL, FOSTER CARE, ADOPTION, HOME BASED AND AFTER CARE PROGRAMS & SERVICES.

    Expenses $1,145,000 · Grants $1,145,000

  • PARTNERSHIP ASSISTANCE PROGRAMS FOR FORMER RESIDENTS OF GATEWAY WOODS TO ASSIST THEM IN TRANSITIONING TO AN INDEPENDENT STATUS.

    Expenses $27,453 · Grants $27,453

  • SCHOLARSHIPS TO CULTIVATE AND PROMOTE CAREERS THAT WILL FURTHER THE MISSION AND PURPOSE OF APOSTOLIC CHRISTIAN CHILDREN'S HOME, INC. AND OTHER ENTITIES WITH SIMILAR GOALS AND OBJECTIVES.

    Expenses $19,505 · Grants $19,505

  • CAMPUS FACILITY EXPENSES FOR USE BY SUPPORTING ENTITY TO FULFILL PURPOSE AND MISSION OF APOSTOLIC CHRISTIAN CHILDREN'S HOME, INC.

    Expenses $290,135

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeff Waibel

    EXECUTIVE DI

    Total calculated
    $129,851
    From this org
    $0
    From related orgs
    $102,245
    Other
    $27,606
    Hours/week
    10 + 40 related

  • Ked Gerber

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Rick Kaisner

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Sarah Knochel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Mark Ramseyer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Lynwood Schambach

    SECRETARY /T

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
22 November 2024
IRS schema version
2023v5.0
Source object
202403449349300325

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