Gateway Public Schools
- Assets
- $9.6m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 160
- Location
- San Francisco, CA
- Founding
- 02/1998
- Data as of
- 06/2022
- EIN
- 94-3278357
Organization Overview
Gateway Public Schools is located in San Francisco, CA. The organization was established in 1998. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Gateway Public Schools employed 160 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Public Schools 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 06/2022, Gateway Public Schools generated $14.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $13.1m during the year ending 06/2022. While expenses have increased by 6.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A HIGH QUALITY COLLEGE PREPARATORY EDUCATION TO A DIVERSE GROUP OF STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GATEWAY PUBLIC SCHOOLS PROVIDED INSTRUCTION AND EXTRACURRICULAR ACTIVITIES FOR APPROXIMATELY 805 STUDENTS FOR THE YEAR ENDED 06/30/22. IN 2022, 100% OF STUDENTS WHO APPLIED WERE ACCEPTED TO COLLEGE REPRESENTING 95% OF THE GRADUATING CLASS. 82% WILL BE ATTENDING 4 YEAR SCHOOLS AND 38% ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sapna Boze Board Member | Trustee | 1 | $0 |
Allison Bhusri Board Member | OfficerTrustee | 1 | $0 |
Therese Arsenault Board Member | Trustee | 1 | $0 |
Valerie Toler Board Member | Trustee | 1 | $0 |
Sharon Olken Executive Director | OfficerTrustee | 40 | $220,579 |
Laura Spivy Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $416,182 |
| Related organizations | $0 |
| Government grants | $11,573,019 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,802,626 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,791,827 |
| Total Program Service Revenue | $0 |
| Investment income | $98,353 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $96,973 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,987,153 |
| 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. | $502,108 |
| Compensation of current officers, directors, key employees. | $40,283 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,673,762 |
| Pension plan accruals and contributions | $930,033 |
| Other employee benefits | $818,906 |
| Payroll taxes | $304,456 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $61,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $233,015 |
| Advertising and promotion | $0 |
| Office expenses | $324,723 |
| Information technology | $106,720 |
| Royalties | $0 |
| Occupancy | $621,822 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $163,972 |
| Insurance | $142,032 |
| All other expenses | $9,661 |
| Total functional expenses | $13,075,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,317,196 |
| Pledges and grants receivable | $1,732,047 |
| Accounts receivable, net | $26,450 |
| 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 | $8,906 |
| Net Land, buildings, and equipment | $672,664 |
| Investments—publicly traded securities | $4,590,709 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $206,000 |
| Total assets | $9,553,972 |
| Accounts payable and accrued expenses | $1,158,682 |
| Grants payable | $84,928 |
| Deferred revenue | $316,258 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,559,868 |
| Net assets without donor restrictions | $7,519,296 |
| Net assets with donor restrictions | $474,808 |
| 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 | $9,553,972 |