Gateway Woods 
The information on this page was last updated 10/3/2026. If you see errors or omissions, please email: [email protected]
Summary
Gateway Woods offers Christ-centered social services in northeast Indiana, including a Residential treatment program, on-ground school, Gateway Farms vocational training, Adoption, Foster Care, WillowBridge transitional housing, and the LARC Program.
Contact information
Mailing address:
Gateway Woods
14505 Klopfenstein Rd | PO Box 125
Leo, IN 46765
Website: gatewaywoods.org
Phone: 888.443.4283
Organization details
EIN: 237378179
CEO/President: Jeff Waibel
Chairman: Duane Sinn
Board size: 11
Founder:
Ruling year: 1974
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
As a ministry avenue for members and supporters of the Apostolic Christian Church, we will deliver exceptional restorative services to children and families by honoring our governing values.
Mission statement
Our mission is to honor and obey God by providing hope and healing to children and families who may then bless others.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1407 of 1590 | 143 of 170 |
| Fund acquisition rating | | 1305 of 1591 | 131 of 170 |
| Resource allocation rating | | 1015 of 1591 | 112 of 170 |
| Asset utilization rating | | 1236 of 1590 | 130 of 170 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 12% | 10% | 11% | 10% | 7% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 7% | 7% | 8% | 6% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 89% | 59% | 66% | 76% | 63% | 57% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 19% | 19% | 13% | 12% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 11% | 41% | 34% | 24% | 37% | 43% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 77% | 76% | 84% | 84% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 39% | 35% | 65% | 51% | 43% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 30% | 27% | 55% | 43% | 38% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 61% | 65% | 35% | 49% | 57% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 10% | 12% | 5% | 9% | 11% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 10% | 4% | 5% | 4% | 4% | 4% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.98 | 0.06 | 0.07 | 0.10 | 0.09 | 0.09 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.87 | 1.25 | 1.13 | 1.14 | 1.17 | 1.16 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.99 | 0.08 | 0.08 | 0.11 | 0.11 | 0.10 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.24 | 2164.94 | 1140.55 | 17118.02 | 35464.01 | 18540.25 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.41 | 149.46 | 157.67 | 106.93 | 109.23 | 117.86 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 0% | 0% | 0% | 0% | 0% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 80% | 1552% | 1487% | 1018% | 1061% | 1144% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $1,435,141 | $2,088,359 | $1,856,303 | $2,147,502 | $1,635,234 |
| Receivables, inventories, prepaids | $21,920 | $13,850 | $2,725 | $22,633 | $23,554 |
| Short-term investments | $25,124,112 | $23,549,914 | $19,606,970 | $16,803,111 | $18,253,445 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $26,581,173 | $25,652,123 | $21,465,998 | $18,973,246 | $19,912,233 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $6,492,386 | $3,309,996 | $3,025,592 | $3,112,815 | $3,252,017 |
| Other long-term assets | $51,207 | $67,887 | $36,408 | $23,891 | $28,301 |
| Total long-term assets | $6,543,593 | $3,377,883 | $3,062,000 | $3,136,706 | $3,280,318 |
| Total assets | $33,124,766 | $29,030,006 | $24,527,998 | $22,109,952 | $23,192,551 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $12,278 | $22,491 | $1,254 | $535 | $1,074 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $12,278 | $22,491 | $1,254 | $535 | $1,074 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $12,278 | $22,491 | $1,254 | $535 | $1,074 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $29,872,223 | $26,164,372 | $22,709,688 | $20,307,925 | $21,394,070 |
| With donor restrictions | $3,240,265 | $2,843,143 | $1,817,056 | $1,801,492 | $1,797,407 |
| Net assets | $33,112,488 | $29,007,515 | $24,526,744 | $22,109,417 | $23,191,477 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $3,199,907 | $3,683,488 | $2,800,904 | $2,553,668 | $2,670,972 |
| Program service revenue | $520,584 | $507,432 | $441,720 | $441,720 | $441,720 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,679,479 | $1,358,620 | $450,266 | $1,068,666 | $1,561,328 |
| Other revenue | $868 | $665 | $8,009 | $250 | $159 |
| Total other revenue | $2,200,931 | $1,866,717 | $899,995 | $1,510,636 | $2,003,207 |
| Total revenue | $5,400,838 | $5,550,205 | $3,700,899 | $4,064,304 | $4,674,179 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $1,643,529 | $1,482,093 | $2,017,287 | $1,754,239 | $1,762,158 |
| Management and general | $90,344 | $93,331 | $86,822 | $81,972 | $88,517 |
| Fundraising | $399,369 | $375,188 | $304,831 | $248,072 | $176,640 |
| Total expenses | $2,133,242 | $1,950,612 | $2,408,940 | $2,084,283 | $2,027,315 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $3,267,596 | $3,599,593 | $1,291,959 | $1,980,021 | $2,646,864 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $3,267,596 | $3,599,593 | $1,291,959 | $1,980,021 | $2,646,864 |
Compensation
Compensation data for this ministry has not been collected.
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/3/2026. To update the information below, please email: [email protected]
History
It all started with two houses and four staff...
In 1976, we opened our doors as the Apostolic Christian Children's Home (ACCH). Then, in 1989, the ministry expanded its services beyond a home for children, necessitating a change to its name. Thus, we became Gateway Woods.
We've been on the same acreage in Leo, Indiana, for all of our 50 years and continue to be blessed as we watch God grow Gateway Woods' impact in the Leo and Grabill communities, as well as the greater Fort Wayne area.
https://gatewaywoods.org/about/history