Gateway Charter Academy
- Assets
- $9.5m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 110
- Location
- Dallas, TX
- Founding
- 12/2000
- Data as of
- 08/2023
- EIN
- 75-2898737
Organization Overview
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 08/2023, Gateway Charter Academy employed 110 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 08/2023, Gateway Charter Academy generated $7.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $8.8m during the year ending 08/2023. While expenses have increased by 3.7% per year over the past 8 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
2023
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
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 |
|---|---|---|---|
Dr Robbie Moore Superintendent | OfficerTrustee | 40 | $426,620 |
Frankie Washington President | OfficerTrustee | 1 | $0 |
Carla Patrick Vice President | OfficerTrustee | 1 | $0 |
Evelyn Chambers Secretary | OfficerTrustee | 1 | $0 |
Raymond Edwards Executice Principal | OfficerTrustee | $0 | |
Lucy More Curriculum Director | OfficerTrustee | $110,536 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Linear And Associates Security | 8/30/19 | $353,344 |
Blue Star Janitorial Janitorial | 8/30/19 | $260,730 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,987,057 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,277 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,084,334 |
| Total Program Service Revenue | $51,287 |
| 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 | $7,135,621 |
| 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. | $3,340,423 |
| Compensation of current officers, directors, key employees. | $377,543 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $469,088 |
| Other employee benefits | $0 |
| Payroll taxes | $52,876 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,365 |
| Fees for services: Accounting | $38,886 |
| 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 | $470,667 |
| Travel | $46,505 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $231,419 |
| Interest | $446,762 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $310,768 |
| Insurance | $130,309 |
| All other expenses | $609,938 |
| Total functional expenses | $8,757,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $858,967 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $638,676 |
| 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 | $7,521,795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $521,296 |
| Total assets | $9,540,734 |
| Accounts payable and accrued expenses | $56,731 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $6,461,237 |
| 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 | $380,109 |
| Other liabilities | $614,798 |
| Total liabilities | $7,512,875 |
| Net assets without donor restrictions | $88,429 |
| Net assets with donor restrictions | $1,939,430 |
| 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 | $9,540,734 |