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Nonprofit · EIN 47-0846331

GATEWAY YOUTH FOUNDATION

Tax-exempt · ALBION, NE 68620

Financials

$36K$39K2022$35K$55K2023$46K$41K2024$71K$42K2025
Revenue Expenses · by fiscal year end
Financials of GATEWAY YOUTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2026990-EZ$71,346$41,910$29,436$137,317–$137,317
April 30, 2025990-EZ$45,647$40,634$5,013$107,883–$107,883
April 30, 2024990-EZ$34,933$54,576-$19,643$102,870–$102,870
April 30, 2023990-EZ$35,580$39,002-$3,422$122,513–$122,513
Financial details: 990-EZ for the year ended April 30, 2026

Revenue

Contributions, gifts and grants
$29,202
Investment income
$1,755
Net income from sales of inventory
$40,389

Expenses

Grants and similar amounts paid
$5,600
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,265
Occupancy
$9,668
Printing, publications and postage
$393
Other expenses
$24,984
Program services (functional)
$41,910

Balance sheet and other

Total assets, start of year
$107,881
Total assets, end of year
$137,317
Total liabilities, end of year
–
Net assets, end of year
$137,317
Cash, savings and investments
$101,154
Land and buildings
$7,500
Gross receipts
$111,155

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended April 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
RAY HERBERTPRESIDENT1$0
JIM CROSBYVICE PRESIDE1$0
LISA CARDERSECRETARY1$0
JOEL SUPTREASURER5$0
990-EZ for the year ended April 30, 2025: 4 people
NameTitleHours / weekCompensation
RAY HERBERTPRESIDENT1$0
JIM CROSBYVICE PRESIDE1$0
LISA CARDERSECRETARY1$0
JOEL SUPTREASURER1$0
990-EZ for the year ended April 30, 2024: 4 people
NameTitleHours / weekCompensation
RAY HERBERTPRESIDENT1$0
JIM CROSBYVICE PRESIDE1$0
LISA CARDERSECRETARY1$0
JOEL SUPPTREASURER5$0
990-EZ for the year ended April 30, 2023: 4 people
NameTitleHours / weekCompensation
RAY HERBERTPRESIDENT1$0
JIM CROSBYVICE PRESIDE1$0
LISA CARDERSECRETARY1$0
JOEL SUPPTREASURER5$0

Address and contacts

Address (IRS master file)
PO BOX 391, ALBION, NE 68620-0391
In care of
% STEVE BRIESE PRES
Signed the 990-EZ
JOEL SUP, TREASURER
Phone
(402) 395-6004
Return prepared by
MUELLER & HONCIK PC

Mission

THE ORGANIZATION WAS ORGANIZED TO PROVIDE SUPPORT OR BENEFIT TO, OR TO PERFORM THE FUNCTIONS OF, OR CARRY OUT THE PURPOSES OF PUBLIC SCHOOLS OPERATED IN THE TRADE AREA OF BOONE COUNTY, NEBRASKA.

990-EZ for the year ended April 30, 2026

Program accomplishments

  • THE FOUNDATION PURCHASED THE OLD THEATRE BUILDING LOCATED IN ALBION, NEBRASKA. THE ENTREPRENEURSHIP CLASS OF BOONE CENTRAL PUBLIC SCHOOLS TOOK ON THE PROJECT OF REMODELING AND REPLACING OLD OUTDATED EQUIPMENT. THEY ARE NOW OPERATING THE THEATRE AS A CLASS PROJECT. BY OPERATING THE THEATRE, THE CLASS WILL GAIN EXPERIENCE IN THE DIFFICULTIES OF RUNNING A BUSINESS.
    Expenses $41,910 · grants $5,600

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026990-EZ on file
2024April 30, 2025September 15, 2025990-EZ on file
2023April 30, 2024September 16, 2024990-EZ on file

IRS record

EIN
47-0846331
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2002
Accounting year ends
April
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$137,317
Income (IRS master file)
$111,155

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZApril 2026$71,346$41,910$137,317XML
990-EZApril 2025$45,647$40,634$107,883XML
990-EZApril 2024$34,933$54,576$102,870XML
990-EZApril 2023$35,580$39,002$122,513XML
990-EZApril 2022–––IRS
990-EZApril 2021–––IRS
990-EZApril 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0846331).

Questions about GATEWAY YOUTH FOUNDATION

What is the EIN of GATEWAY YOUTH FOUNDATION?
The employer identification number (EIN) of GATEWAY YOUTH FOUNDATION is 47-0846331.
Is GATEWAY YOUTH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to GATEWAY YOUTH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GATEWAY YOUTH FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GATEWAY YOUTH FOUNDATION due?
The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GATEWAY YOUTH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended April 2026.
Who are the officers and directors of GATEWAY YOUTH FOUNDATION?
The 990-EZ for the year ended April 30, 2026 lists 4 people; 0 received compensation from the organization.
How much revenue does GATEWAY YOUTH FOUNDATION have?
On its 990-EZ for the year ended April 30, 2026 it reported revenue of $71,346, expenses of $41,910 and total assets of $137,317 at year end.

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