Gateway Economic Development Corporation of Greater Cleveland

Cleveland, Ohio

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 30 peers in Community Improvement & Capacity Building with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.04×
Peer Median1.36×
💰
$82.3M
Total Revenue
📊
$51.9M
Total Expenses
🏦
$105.8M
Net Assets
📋
$324.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+155.6%
Year-over-year change (2022 → 2023)
Net Margin
+36.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.04
Net assets divided by total expenses
Liabilities-to-Assets
75.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$82,302,277156%$51,929,7774%$429,804,49912%
2022$32,203,0827%$54,327,16111%$383,176,7335%
2021$30,122,95136%$60,760,72465%$401,423,8407%
2020$46,953,95773%$36,814,35513%$429,645,9201%
2019$173,873,36238%$32,465,3661%$424,574,05054%
2018$126,298,393164%$32,020,08521%$276,474,90949%
2017$47,820,76135%$40,717,503$185,976,4564%
2016$73,104,7041%$40,761,9469%$179,427,48018%
2015$72,412,239270%$37,431,3899%$151,837,43713%
2014$19,579,0743%$34,460,9108%$134,858,8513%
2013$19,084,2263%$31,800,29614%$130,467,00010%
2012$18,505,9038%$37,040,64818%$144,780,6817%
2011$20,133,983$31,299,472$154,973,592

Frequently Asked Questions

What does Gateway Economic Development Corporation of Greater Cleveland do?

Gateway Economic Development Corporation of Greater Cleveland is a community improvement & capacity building nonprofit organization based in Ohio. It is classified under NTEE code S310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Gateway Economic Development Corporation of Greater Cleveland financially healthy?

Based on our 9-metric Financial Health Score model, Gateway Economic Development Corporation of Greater Cleveland has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Gateway Economic Development Corporation of Greater Cleveland generate?

Gateway Economic Development Corporation of Greater Cleveland reports $162.8M in annual revenue and holds $591.3M in total assets, based on IRS filings.

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