Gateway Community Charters
- Assets
- $96.8m
- Revenue
- $72.5m
- Investments
- $0.0
- Employees
- 794
- Location
- Mcclellan, CA
- Founding
- 12/2005
- Data as of
- 06/2021
- EIN
- 20-0231006
Organization Overview
Gateway Community Charters is located in Mcclellan, CA. The organization was established in 2005. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Gateway Community Charters employed 794 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Community Charters 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 06/2021, Gateway Community Charters generated $72.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $61.4m during the year ending 06/2021. While expenses have increased by 6.8% 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
GATEWAY COMMUNITY CHARTERS' MISSION IS TO CREATE AND MANAGE HIGH QUALITY CHARTER SCHOOLS WHICH PROVIDE ACCESS TO INNOVATIVE, QUALITY, STANDARDS-BASED EDUCATIONAL OPPORTUNITIES FOR ALL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GATEWAY COMMUNITY CHARTERS (GCC) OPERATES NINE SCHOOLS AND SERVES OVER 5,200 STUDENTS IN THE GREATER SACRAMENTO AREA. WE OPERATE IN SACRAMENTO AND YOLO COUNTIES AND WORK WITH FIVE SEPARATE AUTHORIZING AGENCIES, TWIN RIVERS UNIFIED SCHOOL DISTRICT, SAN JUAN UNIFIED SCHOOL DISTRICT, SACRAMENTO CITY UNIFIED SCHOOL DISTRICT, ELK GROVE UNIFIED SCHOOL DISTRICT, AND YOLO COUNTY OFFICE OF EDUCATION. EACH SCHOOL HAS ITS OWN UNIQUE MISSION AND VISION BUT ALL OF THE SCHOOLS SERVE TRADITIONALLY UNDERSERVED STUDENT POPULATIONS. EACH SCHOOL HAS A FREE AND REDUCED LUNCH POPULATION OF 75 PERCENT OR HIGHER WITH LARGE NUMBERS OF ENGLISH LANGUAGE LEARNERS. FOUR OF THE SCHOOLS SERVE PRIMARY NINTH THROUGH TWELFTH GRADE STUDENTS WHO ARE CREDIT DEFICIENT AND HAVE OTHER RISK FACTORS SUCH AS HOMELESSNESS, TEEN PREGNANCY, PROBATION, OR FOSTER YOUTH. ALL OF OUR SCHOOLS ARE ACCREDITED THROUGH THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES. THREE OF OUR SCHOOLS ARE INTERNATIONAL BACCALAUREATE (IB) SCHOOLS. HIGHER LEARNING ACADEMY IS WORKING TOWARDS IB CERTIFICATION IN THE 2020-21 SCHOOL YEAR, AND OUR GATEWAY INTERNATIONAL SCHOOL AND EMPOWERING POSSIBILITIES INTERNATIONAL CHARTER SUCCESSFULLY MAINTAINED THEIR IB CERTIFICATION, A THREE YEAR RIGOROUS PROCESS. A NUMBER OF OUR SCHOOLS EXPANDED CLASSROOMS, AND PROGRAMS THROUGHOUT THE 2020-21 YEAR ENABLING US TO PROVIDE EXPANDED ACADEMIC EXCELLENCE FOR OUR STUDENTS. GATEWAY COMMUNITY CHARTERS SERVES AS THE MANAGEMENT ORGANIZATION FOR THE NINE CHARTERS IN ORDER TO ALLOW THE CHARTER SCHOOL PRINCIPALS AND STAFF TO FOCUS ON THE NEEDS OF THE STUDENTS AND COMMUNITY. GCC ASSISTS THE SCHOOLS WITH BUDGET MANAGEMENT, STAFF DEVELOPMENT, PAYROLL, LEADERSHIP DEVELOPMENT, PERSONNEL, AND DATA MANAGEMENT. GCC IS HONORED TO HAVE BEEN NOMINATED ONE OF SACRAMENTO'S BEST PLACES TO WORK IN 2021. GATEWAY COMMUNITY CHARTERS WAS SUCCESSFUL IN IMPLEMENTING THE NUMEROUS COVID-19 MANDATES AND PROTOCOLS. FURTHERMORE, WITH THE ASSISTANCE OF GCC, EACH SCHOOL HAS SHOWN ACADEMIC IMPROVEMENT OVER THE LAST SEVERAL YEARS. THE GRADUATION AND STUDENT RETENTION RATES HAVE INCREASED AT THE INDEPENDENT STUDY HIGH SCHOOLS. AT THE SITE BASED SCHOOLS, ACADEMIC INDICATORS SHOW POSITIVE GROWTH. STUDENTS AND FAMILIES ARE EXTREMELY SATISFIED WITH THE SCHOOLS AND OVERALL ENROLLMENT HAS CONTINUED TO INCREASE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Petersen CEO | Officer | 50 | $219,673 |
Jason Sample Deputy Superintendent | 50 | $130,171 | |
Joi Tikoi Principal Ii | 40 | $129,054 | |
Larisa Gonchar Principal | 40 | $126,617 | |
Jon Campbell Principal | 40 | $125,234 | |
Aaron Thornsberry Cbo | Officer | 50 | $124,793 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Slf Construction Construction | 6/29/21 | $520,572 |
Rstudio Web Design Professional Services | 6/29/21 | $111,538 |
Stepping Stones Special Education Services | 6/29/21 | $106,757 |
Carpet Pros Custodial Services | 6/29/21 | $118,236 |
Power Business Technology Llc Professional Services | 6/29/21 | $112,684 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,378,827 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,378,827 |
| Total Program Service Revenue | $0 |
| Investment income | $266,326 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$113,189 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,531,964 |
| 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. | $442,990 |
| Compensation of current officers, directors, key employees. | $33,371 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,980,737 |
| Pension plan accruals and contributions | $5,480,799 |
| Other employee benefits | $5,080,656 |
| Payroll taxes | $1,001,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,171 |
| Fees for services: Accounting | $48,266 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $61,893 |
| Fees for services: Other | $1,777,861 |
| Advertising and promotion | $82,438 |
| Office expenses | $519,257 |
| Information technology | $3,063,315 |
| Royalties | $0 |
| Occupancy | $4,199,648 |
| Travel | $12,467 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,156 |
| Interest | $317,100 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,679,038 |
| Insurance | $437,196 |
| All other expenses | -$11,860 |
| Total functional expenses | $61,442,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,015,712 |
| Savings and temporary cash investments | $21,101,965 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,123,606 |
| 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 | $1,048,187 |
| Net Land, buildings, and equipment | $52,351,903 |
| Investments—publicly traded securities | $8,138,669 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,780,042 |
| Accounts payable and accrued expenses | $3,668,614 |
| Grants payable | $0 |
| Deferred revenue | $1,113,082 |
| 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 | $15,573,291 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $281,220 |
| Total liabilities | $20,636,207 |
| Net assets without donor restrictions | $73,943,130 |
| Net assets with donor restrictions | $2,200,705 |
| 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 | $96,780,042 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gateway Community Charters has recieved totaling $16,740.
| Awarding Organization | Amount |
|---|---|
I Car Education Foundation Hoffman Estates, IL PURPOSE: TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS. | $16,740 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rocketship Education Redwood City, CA | $74,871,482 | $120,667,231 |
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
Five Keys Schools And Programs San Francisco, CA | $50,545,317 | $97,031,582 |
Inspire Charter Schools Duarte, CA | $15,814,456 | $76,018,441 |
Edkey Inc Mesa, AZ | $135,819,543 | $83,812,049 |
River Springs Charter School Inc Temecula, CA | $93,652,592 | $73,899,584 |
Granada Hills Charter Granada Hills, CA | $124,597,337 | $79,128,584 |
California Online Public Schools San Juan Capistrano, CA | $32,661,705 | $70,303,969 |
Camino Nuevo Charter Academy Los Angeles, CA | $62,441,915 | $60,583,098 |
Gateway Community Charters Mcclellan, CA | $96,780,042 | $72,531,964 |
Visions In Education Carmichael, CA | $94,876,505 | $77,038,173 |
Ofl-Baldwin Park Inc Pasadena, CA | $26,446,895 | $59,505,291 |