Civic Intelligence

Gateway Charter School

990 • Fiscal year 2023 • EIN 26-0749959

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 26, 2024

2501 Centerville RoadWilmington, DE 19808-1603

(302) 633-4091

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

2.76x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

2.49x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

59th percentile

$146,623

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

7th percentile

-15%

Faster asset growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

1.3%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$4,522,357

Up $1,455,842 (+47%) from 2020

Net Assets

Down

-$7,962,366

Down $164,052 (-2.1%) from 2020

Liabilities

Up

$12,484,723

Up $1,619,894 (+15%) from 2020

Revenue

Up

$5,021,141

Up $237,371 (+5.0%) from 2020

Expenses

Up

$4,996,421

Up $33,954 (+0.7%) from 2020

Net Income

Up

$24,720

Up $203,417 (+114%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$10M$0-$10MAssets 2013: $1,589,819Liabilities 2013: $497,476Net Assets 2013: $1,092,3432013Assets 2014: $1,553,100Liabilities 2014: $502,663Net Assets 2014: $1,050,4372014Assets 2016: $1,737,432Liabilities 2016: $1,438,541Net Assets 2016: $298,8912016Assets 2017: $2,455,299Liabilities 2017: $2,027,796Net Assets 2017: $427,5032017Assets 2018: $3,034,532Liabilities 2018: $10,649,363Net Assets 2018: -$7,614,8312018Assets 2019: $2,803,313Liabilities 2019: $10,422,930Net Assets 2019: -$7,619,6172019Assets 2020: $3,066,515Liabilities 2020: $10,864,829Net Assets 2020: -$7,798,3142020Assets 2023: $4,522,357Liabilities 2023: $12,484,723Net Assets 2023: -$7,962,3662023

Highlighted filing

2023

Assets$4,522,357
Liabilities$12,484,723
Net Assets-$7,962,366

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2013: $3,532,0202013Revenue 2014: $3,930,720Expenses 2014: $3,972,626Net Income 2014: -$41,9062014Revenue 2016: $4,823,830Expenses 2016: $4,770,580Net Income 2016: $53,2502016Revenue 2017: $5,306,049Expenses 2017: $5,177,437Net Income 2017: $128,6122017Revenue 2018: $5,115,392Expenses 2018: $5,312,667Net Income 2018: -$197,2752018Revenue 2019: $4,923,731Expenses 2019: $4,928,517Net Income 2019: -$4,7862019Revenue 2020: $4,783,770Expenses 2020: $4,962,467Net Income 2020: -$178,6972020Revenue 2023: $5,021,141Expenses 2023: $4,996,421Net Income 2023: $24,7202023

Highlighted filing

2023

Revenue$5,021,141
Expenses$4,996,421
Net Income$24,720
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 26, 2024
Return Version
2022v5.0
Gross Receipts
$5,021,141
Mission and Program Overview

Mission

The mission of gateway charter school is to provide an extraordinary educational opportunity for children who are struggling to achieve academic success in a traditional school environment, utilizing research-based intervention strategies and a highly tailored, arts-based learning environment that seeks to identify and capitalize on a student's strengths and interests. To become a resource to the community as a center for the professional development and education of teachers, parents and students by providing access to the latest research-based curriculum, technology and training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,377,102$1,184,565▼ $192,537
Pledges and Grants Receivable$154,169$134,074▼ $20,095
Prepaid Expenses and Deferred Charges$32,691$32,691→ $0
Land, Buildings, and Equipment, Net$4,652$1,451▼ $3,201
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-7,987,086$-7,962,366▲ $24,720
Total Assets$5,323,967$4,522,357▼ $801,610
Other Assets Total$3,755,353$3,169,576▼ $585,777
Liabilities
Other Liabilities$12,782,108$12,019,881▼ $762,227
Accounts Payable and Accrued Expenses$528,945$464,842▼ $64,103
Total Liabilities$13,311,053$12,484,723▼ $826,330
Net Assets / Fund Balance
Total Net Assets Fund Balance$-7,987,086$-7,962,366▲ $24,720
Total Liabilities and Net Assets / Fund Balance$5,323,967$4,522,357▼ $801,610

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$516,432$516,432
Equipment$1,451$152,773$154,224
Other Assets Org$2,368,876--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marlin WhitePrincipalFT$99,576$47,047$146,623
Catherine DolanHead of SchoolFT$108,393$33,115$141,508
Shannon StaabStaff Director-$66,799$38,213$105,012
Annette RoskamTeacher DirectorFT$72,045$24,586$96,631
Brandon DoughertyTeacher DirectorFT$67,115$23,165$90,280

Board Members and Trustees

NameTitle
Devie SmithPresident/community Director
Gregory JonesCo-vice President/community Director
Larry WhiteCo-vice President/community Director
Emir LakeCommunity Director
Tim PerkinsCommunity Director
Winifred BrowneCommunity Director
Scott MangieriSecretary/community Director
MARY O'CONNELLTreasurer/parent Director
Joyce HendersonCommunity D
Kevin Hunter JrCommunity Direct
Marsha RogersCommunity Direct
Revenue and Support

Revenue Composition

Contributions and Grants
$4,989,889
Program Service Revenue
$16,098
Investment Income
$15,154
Other Revenue
$0
Change in Net Assets
$24,720

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,021,141
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,021,141
Total Revenue per Form 990
$5,021,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,884,198
Other Expenses$2,112,223
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,112,500$675,106-$1,787,606
Fees for Services Other$1,012,601$614,484-$1,627,085
Pension Plan Contributions$287,070$174,204-$461,274
Other Employee Benefits$166,137$100,818-$266,955
Current Officers, Directors, Trustees, and Key Employees$135,123$81,998-$217,121
Payroll Taxes$94,124$57,118-$151,242
Information Technology$21,898$13,288-$35,186
Advertising$20,972$12,727-$33,699
Occupancy$19,911$12,082-$31,993
Other Expenses$16,696$10,131-$26,827
Fees for Services Accounting$14,158$8,592-$22,750
Insurance$7,238$4,393-$11,631
Office Expenses$6,209$3,768-$9,977
Depreciation Depletion$1,992$1,209-$3,201
All Other Expenses$1,987$1,206-$3,193
Fees for Services Legal$1,112$674-$1,786
Travel$63$38-$101
Total Functional Expenses$3,120,426$1,875,995$0$4,996,421

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,996,421
Total Expenses per Audited Statements$4,996,421
Total Expenses per Form 990$4,996,421
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Opeb Liability$7,040,756
Deffered Inflows - Opeb$3,555,833
Net Pension Liability$1,172,598
Deffered Inflows - Pension$143,575
Compensated Absences$107,119
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the head of school prior to being filed.

Form 990, Part VI, Section B, Line 12C

Officers are required to disclose all potential conflicts. Any potential conflicts are discussed by the board at regular board meetings.

Form 990, Part VI, Section B, Line 15

Information gathered from other schools was used to develop a range for compensation for the head of school and other management and teacher positions.

Form 990, Part VI, Section C, Line 18

Form 990 and form 1023 are available upon request. Additionally, form 990 is available on guidestar.org and the school's website.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Gateway Charter School
EIN
26-0749959
Phone
3026334091
Address
2501 CENTERVILLE ROAD, WILMINGTON, DE 19808-1603
Doing Business As
Gateway Lab School

Signing Officer

Name
Pamela Draper
Title
Business Manager
Phone
3026334091
Signed
2024-04-26

Organization Details

Principal Officer
Pamela Draper
Formed
2008
Legal Domicile
De
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
10

Preparer

Firm
Barbacane Thornton & Company Llp
Address
503 CARR ROAD SUITE 100, WILMINGTON, DE 19809
Preparer
Timothy Sawyer CPA
Phone
3024788940
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees for services: program service expenses 1,012,601. Management and general expenses 614,484. Fundraising expenses 0. Total expenses 1,627,085.

Form 990, Part XII, Line 2C

The organization's process for selection and oversight of an independent auditor has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The school is exempt from federal income tax under section 501(c)(3) of the internal revenue code and, therefore, has no provision for federal income taxes. The school qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a)(1). The school did not engage in any unrelated business activities during the fiscal year. Management believes more likely than not that its tax-exempt status and tax positions will be sustained if examined by authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-VICE PRESIDENT/COMMUNITY DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt5COMMUNITY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TEACHER DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7COMMUNITY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CO-VICE PRESIDENT/COMMUNITY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9COMMUNITY DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMMUNITY DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt11COMMUNITY D
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT/COMMUNITY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13STAFF DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt15HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02008
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IRS990/FSAuditedInd01
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IRS990/GrantsToOrganizationsInd00
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IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt021898
IRS990/InformationTechnologyGrp/TotalAmt035186
IRS990/InsuranceGrp/ManagementAndGeneralAmt04393
IRS990/InsuranceGrp/ProgramServicesAmt07238
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE MISSION OF GATEWAY CHARTER SCHOOL IS TO PROVIDE AN EXTRAORDINARY EDUCATIONAL OPPORTUNITY FOR CHILDREN WHO ARE STRUGGLING TO ACHIEVE ACADEMIC SUCCESS IN A TRADITIONAL SCHOOL ENVIRONMENT, UTILIZING RESEARCH-BASED INTERVENTION STRATEGIES AND A HIGHLY TAILORED, ARTS-BASED LEARNING ENVIRONMENT THAT SEEKS TO IDENTIFY AND CAPITALIZE ON A STUDENT'S STRENGTHS AND INTERESTS. TO BECOME A RESOURCE TO THE COMMUNITY AS A CENTER FOR THE PROFESSIONAL DEVELOPMENT AND EDUCATION OF TEACHERS, PARENTS AND STUDENTS BY PROVIDING ACCESS TO THE LATEST RESEARCH-BASED CURRICULUM, TECHNOLOGY AND TRAINING.
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IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc2STUENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt147868
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/ProgramServiceRevenueGrp/Desc0FIELD TRIPS
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IRS990/ReportOtherAssetsInd01
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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029740
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1770960
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22368876
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS - PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED OUTFLOWS - OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0107119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17040756
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2143575
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33555833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41172598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFFERED INFLOWS - PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFFERED INFLOWS - OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4NET PENSION LIABILITY
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05021141
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE SCHOOL DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE FISCAL YEAR. MANAGEMENT BELIEVES MORE LIKELY THAN NOT THAT ITS TAX-EXEMPT STATUS AND TAX POSITIONS WILL BE SUSTAINED IF EXAMINED BY AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt03169576
IRS990ScheduleD/TotalExpensesPerForm990Amt04996421
IRS990ScheduleD/TotalLiabilityAmt012019881
IRS990ScheduleD/TotalRevenuePerForm990Amt05021141
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05021141
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04996421
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
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IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01

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