Gateway Charter Academy is located in Dallas, TX. The organization was established in 2000. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 08/2021, Gateway Charter Academy employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Charter Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Gateway Charter Academy generated $9.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $7.9m during the year ending 08/2021. While expenses have increased by 3.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FREE PUBLIC EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE AN OPEN ENROLLMENT CHARTER SCHOOL PROVIDING FREE PUBLIC EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Robbie Moore Superintende | OfficerTrustee | 40 | $412,903 |
Frankie Washington President | OfficerTrustee | 1 | $0 |
Carla Patrick Vice Preside | OfficerTrustee | 1 | $0 |
Evelyn Chambers Secretary | OfficerTrustee | 1 | $0 |
Corey Maples Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Blue Star Janitorial Janitorial | 8/30/19 | $260,730 |
Linear And Associates Security | 8/30/19 | $353,344 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $9,341,154 |
All other contributions, gifts, grants, and similar amounts not included above | $139,939 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,481,093 |
Total Program Service Revenue | $11,363 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,492,456 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $412,903 |
Compensation of current officers, directors, key employees. | $412,903 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,670,504 |
Pension plan accruals and contributions | $145,975 |
Other employee benefits | $256,397 |
Payroll taxes | $44,754 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,894 |
Fees for services: Accounting | $36,508 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,772,229 |
Travel | $4,835 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $474,983 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $372,573 |
Insurance | $81,961 |
All other expenses | $232,513 |
Total functional expenses | $7,908,305 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,804,179 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,387,913 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $8,220,080 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $11,412,172 |
Accounts payable and accrued expenses | $118,300 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $7,345,435 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $159,805 |
Other liabilities | $155,310 |
Total liabilities | $7,778,850 |
Net assets without donor restrictions | $58,872 |
Net assets with donor restrictions | $3,574,450 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $11,412,172 |
Over the last fiscal year, we have identified 1 grants that Gateway Charter Academy has recieved totaling $11,246.
Awarding Organization | Amount |
---|---|
Good Sports Inc Braintree, MA PURPOSE: INCREASE ACCESSIBILITY OF YOUTH SPORTS PROGRAMS TO DISADVANTAGED YOUTH | $11,246 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp Delta Inc Helena, AR | $23,299,418 | $20,055,239 |
Baton Rouge Christian Education Foundation Inc Baton Rouge, LA | $25,217,556 | $20,900,810 |
Alcuin School Dallas, TX | $59,182,125 | $20,381,763 |
Oakridge School Inc Arlington, TX | $19,389,993 | $20,174,539 |
Pulaski Academy Little Rock, AR | $31,968,373 | $17,811,246 |
Education Service Center Region Ii Of Texas Corpus Christi, TX | $24,486,082 | $17,593,515 |
The Woodlands Christian Academy The Woodlands, TX | $44,326,696 | $20,493,923 |
Odyssey 2020 Academy Inc Galveston, TX | $23,994,459 | $17,751,222 |
El Paso Education Initiative Inc El Paso, TX | $37,947,839 | $17,386,289 |
Episcopal Collegiate School Little Rock, AR | $113,498,551 | $17,410,081 |
Energized For Excellence Academy Houston, TX | $1,351,482 | $18,898,659 |
Houston Gateway Academy Inc Houston, TX | $78,886,053 | $32,736,217 |