Civic Intelligence

Gateway Science Academy of St. Louis

EIN 26-1425925 • 501(c)3 • St Louis, MO

Pub. 78 Eligible990-N Coverage

Profile

To provide quality education with an emphasis on science, mathematics, and technology while balancing all core subjects. We strive to create an atmosphere that provides and teaches students and parents opportunities for continuous growth, enabling them to reach their highest potential.

6025 Chippewa Street Ste 206St Louis, MO 63109

www.gsastl.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.38x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.20x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.6%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

19th percentile

$144,681

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

82nd percentile

19%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-0.7%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$14,001,915

Up $2,186,318 (+19%) from 2023

Liabilities

Up

$5,292,137

Up $2,351,562 (+80%) from 2023

Net Assets

Down

$8,709,778

Down $165,244 (-1.9%) from 2023

Revenue

Down

$26,099,540

Down $197,163 (-0.7%) from 2023

Expenses

Up

$26,264,784

Up $2,078,974 (+8.6%) from 2023

Net Income

Down

-$165,244

Down $2,276,137 (-108%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2014: $6,417,775Liabilities 2014: $4,073,222Net Assets 2014: $2,344,5532014Assets 2015: $6,251,657Liabilities 2015: $3,892,307Net Assets 2015: $2,359,3502015Assets 2016: $6,454,875Liabilities 2016: $3,708,773Net Assets 2016: $2,746,1022016Assets 2017: $6,934,091Liabilities 2017: $3,729,803Net Assets 2017: $3,204,2882017Assets 2018: $6,848,388Liabilities 2018: $3,513,418Net Assets 2018: $3,334,9702018Assets 2019: $7,872,842Liabilities 2019: $3,375,120Net Assets 2019: $4,497,7222019Assets 2020: $11,801,685Liabilities 2020: $7,277,693Net Assets 2020: $4,523,9922020Assets 2021: $11,282,363Liabilities 2021: $4,316,069Net Assets 2021: $6,966,2942021Assets 2022: $10,540,306Liabilities 2022: $3,776,177Net Assets 2022: $6,764,1292022Assets 2023: $11,815,597Liabilities 2023: $2,940,575Net Assets 2023: $8,875,0222023Assets 2024: $14,001,915Liabilities 2024: $5,292,137Net Assets 2024: $8,709,7782024

Highlighted filing

2024

Assets$14,001,915
Liabilities$5,292,137
Net Assets$8,709,778

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2014: $9,789,459Expenses 2014: $9,218,845Net Income 2014: $570,6142014Revenue 2015: $11,084,506Expenses 2015: $11,069,709Net Income 2015: $14,7972015Revenue 2016: $12,538,911Expenses 2016: $12,152,159Net Income 2016: $386,7522016Revenue 2017: $13,984,905Expenses 2017: $13,234,895Net Income 2017: $750,0102017Revenue 2018: $14,901,065Expenses 2018: $14,770,383Net Income 2018: $130,6822018Revenue 2019: $17,161,511Expenses 2019: $15,998,759Net Income 2019: $1,162,7522019Revenue 2020: $17,521,623Expenses 2020: $17,495,353Net Income 2020: $26,2702020Revenue 2021: $20,826,110Expenses 2021: $18,383,808Net Income 2021: $2,442,3022021Revenue 2022: $21,282,289Expenses 2022: $21,484,454Net Income 2022: -$202,1652022Revenue 2023: $26,296,703Expenses 2023: $24,185,810Net Income 2023: $2,110,8932023Revenue 2024: $26,099,540Expenses 2024: $26,264,784Net Income 2024: -$165,2442024

Highlighted filing

2024

Revenue$26,099,540
Expenses$26,264,784
Net Income-$165,244

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 9, 2025
Return Version
2023v6.0
Gross Receipts
$26,164,285
Mission and Program Overview

Mission

To provide quality education with an emphasis on science, mathematics, and technology while balancing all core subjects. We strive to create an atmosphere that provides and teaches students and parents opportunities for continuous growth, enabling them to reach their highest potential.

Teachers, parents, and students work together to develop young people who are confident and achieve academic excellence in a powerful college prep curriculum. Students do not question "whether" they will go to college but, instead, ask "when- and "where;" they understand that with hard work dreams are possible. Students develop math, science and technology skills necessary to become bold inquirers, analytical thinkers and ethical leaders in the 21st century, and are empowered to become productively engaged in the local community and broader society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,795,598$7,701,079▲ $1,905,481
Cash and Non-Interest-Bearing Accounts$6,019,999$6,300,836▲ $280,837
Total Assets$11,815,597$14,001,915▲ $2,186,318
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,713,800$5,061,599▲ $2,347,799
Accounts Payable and Accrued Expenses$226,775$230,538▲ $3,763
Total Liabilities$2,940,575$5,292,137▲ $2,351,562
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,875,022$8,709,778▼ $165,244
Total Net Assets Fund Balance$8,875,022$8,709,778▼ $165,244
Total Liabilities and Net Assets / Fund Balance$11,815,597$14,001,915▲ $2,186,318

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$620,064$4,708,895$5,328,959
Buildings$4,468,598$763,950$5,232,548
Other Land Buildings$2,415,920-$2,415,920
Equipment$196,497$1,442,679$1,639,176
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nuh CelikPrincipalFT$108,595$36,086$144,681
Sukru KayaPrincipalFT$100,977$34,399$135,376
Mustafa IcelPrincipalFT$99,870$34,355$134,225
Murat SagnakAsst. SuperiFT$105,187$29,008$134,195
Debra WeaverPrincipalFT$88,436$25,856$114,292

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Concept SchoolsManagement Fees1336 BASSWOOD ROAD, Schaumburg, IL 60173$2,730,480
Revenue and Support

Revenue Composition

Contributions and Grants
$25,717,366
Program Service Revenue
$337,390
Investment Income
$44,784
Other Revenue
$0
All Other Contributions
$43,664
Change in Net Assets
$-165,244

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,099,540
Revenue Not Reported on Form 990
$64,745
Total Revenue per Audited Statements
$26,164,285
Total Revenue per Form 990
$26,099,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$17,683,487
Other Expenses$8,581,297
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,466,644$1,334,419-$12,801,063
Advertising$2,592,440$288,049-$2,880,489
Occupancy$1,658,555$184,284-$1,842,839
Other Employee Benefits$1,479,914$172,749-$1,652,663
Pension Plan Contributions$1,391,868$162,884-$1,554,752
Payroll Taxes$884,674$98,297-$982,971
Current Officers, Directors, Trustees, and Key Employees$692,038--$692,038
Depreciation Depletion$490,292$54,477-$544,769
Fees for Services Other$109,449$12,161-$121,610
Insurance$86,413$9,601-$96,014
Interest$95,379--$95,379
Fees for Services Legal$42,301$4,700-$47,001
Travel$40,234$4,470-$44,704
Other Expenses$36,095$4,010-$40,105
Office Expenses$33,951$3,772-$37,723
All Other Expenses$25,762$2,863-$28,625
Fees for Services Accounting$25,214$2,802-$28,016
Information Technology$15,724$1,747-$17,471
Total Functional Expenses$23,647,844$2,616,940$0$26,264,784

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$26,329,529
Expenses per Audited Statements$26,264,784
Total Expenses per Form 990$26,264,784
Expenses Not Reported on Form 990$64,745
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Concept schools provides management services, including the school superintendent and cfo, to the academy per an education management agreement subject to the direction, oversight and policies of the academy. Any responsibility of the academy that is not specifically designated to concept schools remains the responsibility of the academy unless otherwise agreed upon by both parties.

Form 990, Page 6, Part VI, Line 11B

Prior to filing form 990 with the irs, form 990 will be emailed to the governing body for its review.

Form 990, Page 6, Part VI, Line 12C

Per the conflict of interest policy as outlined in the employee handbook the existence of any actual or potential conflict of interest is to be disclosed to the board as soon as possible so that safeguards can be established to protect all parties.

Form 990, Page 6, Part VI, Line 15A

The board of directors determines the amount of the principal's compensation.

Form 990, Page 6, Part VI, Line 19

The organization recognizes its responsibility to maintain the public records of the school and to make such records available to residents of missouri for inspection and reproduction. Public records are any records that are kept by the board, except records the release of which are prohibited by state and federal law. Any person may inspect and copy the public records of the school during the regular business hours of the office in which such records are maintained provided that advance notice of such intended inspection has been given to the custodian of records not less than five working days before the inspection. The viewer may purchase copies of the school's public records upon payment of a fee not to exceed the cost for reproduction and handling.

Filing and Contact Details

Filer

Filer Name
Gateway Science Academy of St Louis
EIN
26-1425925
Phone
3149327513
Address
6025 CHIPPEWA STREET STE 206, ST LOUIS, MO 63109

Signing Officer

Name
Murat Sagnak
Title
Asst. Superintendent
Phone
3179327513
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hasan Damar
Formed
2006
Legal Domicile
Mo
Voting Board Members
7
Independent Board Members
7
Employees
274
Volunteers
7

Preparer

Firm
Kpm Cpas Pc
Address
1445 E REPUBLIC RD, SPRINGFIELD, MO 65804
Preparer
Gretchen K Russell CPA
Phone
4178824300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide quality education with an emphasis on science, mathematics, and technology while balancing all core subjects. We strive to create an atmosphere that provides and teaches students and parents opportunities for continuous growth, enabling them to reach their highest potential.

Financial Statement Notes

Schedule D, Page 3, Part X

The academy does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. No interest or penalties were accrued as of june 30, 2024.

Schedule D, Page 4, Part XI, Line 2D

Loss on capital asset disposal 64,745

Schedule D, Page 4, Part XII, Line 2D

Loss on capital asset disposal 64,745

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IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
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IRS990/MissionDesc0TO PROVIDE QUALITY EDUCATION WITH AN EMPHASIS ON SCIENCE, MATHEMATICS, AND TECHNOLOGY WHILE BALANCING ALL CORE SUBJECTS. WE STRIVE TO CREATE AN ATMOSPHERE THAT PROVIDES AND TEACHES STUDENTS AND PARENTS OPPORTUNITIES FOR CONTINUOUS GROWTH, ENABLING THEM TO REACH THEIR HIGHEST POTENTIAL.
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0162884
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01391868
IRS990/PensionPlanContributionsGrp/TotalAmt01554752
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0HASAN DAMAR
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0763950
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0196497
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01442679
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01639176
IRS990ScheduleD/ExpensesNotReportedAmt064745
IRS990ScheduleD/ExpensesSubtotalAmt026264784
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0620064
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04708895
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05328959
IRS990ScheduleD/OtherExpensesIncludedAmt064745
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02415920
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02415920
IRS990ScheduleD/OtherRevenueAmt064745
IRS990ScheduleD/RevenueNotReportedAmt064745
IRS990ScheduleD/RevenueSubtotalAmt026099540
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. NO INTEREST OR PENALTIES WERE ACCRUED AS OF JUNE 30, 2024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON CAPITAL ASSET DISPOSAL 64,745
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON CAPITAL ASSET DISPOSAL 64,745
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07701079
IRS990ScheduleD/TotalExpensesPerForm990Amt026264784
IRS990ScheduleD/TotalRevenuePerForm990Amt026099540
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt026164285
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt026329529
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SEE EXPLANATION REGARDING SCHEDULE E IN PART II.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVED 3,081,017 IN FEDERAL GRANTS FROM THE U.S. DEPARTMENT OF AGRICULTURE AND THE U.S. DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ACADEMY IS NOT SUBJECT TO FILING SCHEDULE E BECAUSE IT IS A CHARTER SCHOOL/PUBLIC SCHOOL. THEREFORE, IT IS NOT A PRIVATE SCHOOL AND SCHEDULE E IS NOT REQUIRED TO BE COMPLETED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE QUALITY EDUCATION WITH AN EMPHASIS ON SCIENCE, MATHEMATICS, AND TECHNOLOGY WHILE BALANCING ALL CORE SUBJECTS. WE STRIVE TO CREATE AN ATMOSPHERE THAT PROVIDES AND TEACHES STUDENTS AND PARENTS OPPORTUNITIES FOR CONTINUOUS GROWTH, ENABLING THEM TO REACH THEIR HIGHEST POTENTIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONCEPT SCHOOLS PROVIDES MANAGEMENT SERVICES, INCLUDING THE SCHOOL SUPERINTENDENT AND CFO, TO THE ACADEMY PER AN EDUCATION MANAGEMENT AGREEMENT SUBJECT TO THE DIRECTION, OVERSIGHT AND POLICIES OF THE ACADEMY. ANY RESPONSIBILITY OF THE ACADEMY THAT IS NOT SPECIFICALLY DESIGNATED TO CONCEPT SCHOOLS REMAINS THE RESPONSIBILITY OF THE ACADEMY UNLESS OTHERWISE AGREED UPON BY BOTH PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO FILING FORM 990 WITH THE IRS, FORM 990 WILL BE EMAILED TO THE GOVERNING BODY FOR ITS REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PER THE CONFLICT OF INTEREST POLICY AS OUTLINED IN THE EMPLOYEE HANDBOOK THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS TO BE DISCLOSED TO THE BOARD AS SOON AS POSSIBLE SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DETERMINES THE AMOUNT OF THE PRINCIPAL'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION RECOGNIZES ITS RESPONSIBILITY TO MAINTAIN THE PUBLIC RECORDS OF THE SCHOOL AND TO MAKE SUCH RECORDS AVAILABLE TO RESIDENTS OF MISSOURI FOR INSPECTION AND REPRODUCTION. PUBLIC RECORDS ARE ANY RECORDS THAT ARE KEPT BY THE BOARD, EXCEPT RECORDS THE RELEASE OF WHICH ARE PROHIBITED BY STATE AND FEDERAL LAW. ANY PERSON MAY INSPECT AND COPY THE PUBLIC RECORDS OF THE SCHOOL DURING THE REGULAR BUSINESS HOURS OF THE OFFICE IN WHICH SUCH RECORDS ARE MAINTAINED PROVIDED THAT ADVANCE NOTICE OF SUCH INTENDED INSPECTION HAS BEEN GIVEN TO THE CUSTODIAN OF RECORDS NOT LESS THAN FIVE WORKING DAYS BEFORE THE INSPECTION. THE VIEWER MAY PURCHASE COPIES OF THE SCHOOL'S PUBLIC RECORDS UPON PAYMENT OF A FEE NOT TO EXCEED THE COST FOR REPRODUCTION AND HANDLING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C

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