Civic Intelligence

The Gateway Middle School

990 • Fiscal year 2018 • EIN 26-2899884

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 30, 2019

211 West 61st StreetNew York, NY 10023

(212) 777-5966

Siviq Scores

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

Liabilities / Assets

89th percentile

0.93x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

0.67x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

11th percentile

-15%

Higher net margin than 11% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

96th percentile

$321,915

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

51st percentile

3.4%

Faster asset growth than 51% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

7.5%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,897,875

Up $96,616 (+3.4%) from 2017

Net Assets

Down

$198,028

Down $591,016 (-75%) from 2017

Liabilities

Up

$2,699,847

Up $687,632 (+34%) from 2017

Revenue

Up

$4,039,851

Up $282,735 (+7.5%) from 2017

Expenses

Up

$4,630,867

Up $581,143 (+14%) from 2017

Net Income

Down

-$591,016

Down $298,408 (-102%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $1,905,984Liabilities 2010: $3,474,838Net Assets 2010: -$1,568,8542010Assets 2011: $1,448,159Liabilities 2011: $1,765,684Net Assets 2011: -$317,5252011Assets 2012: $1,211,678Liabilities 2012: $1,760,376Net Assets 2012: -$548,6982012Assets 2013: $2,138,555Liabilities 2013: $1,683,664Net Assets 2013: $454,8912013Assets 2014: $2,702,994Liabilities 2014: $1,854,679Net Assets 2014: $848,3152014Assets 2015: $3,132,301Liabilities 2015: $2,100,401Net Assets 2015: $1,031,9002015Assets 2016: $3,164,904Liabilities 2016: $2,083,252Net Assets 2016: $1,081,6522016Assets 2017: $2,801,259Liabilities 2017: $2,012,215Net Assets 2017: $789,0442017Assets 2018: $2,897,875Liabilities 2018: $2,699,847Net Assets 2018: $198,0282018Assets 2019: $4,730,325Liabilities 2019: $3,922,900Net Assets 2019: $807,4252019Assets 2020: $5,350,270Liabilities 2020: $3,951,404Net Assets 2020: $1,398,8662020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$2,897,875
Liabilities$2,699,847
Net Assets$198,028

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,249,5992010Expenses 2011: $3,784,1552011Expenses 2012: $4,094,7272012Expenses 2013: $3,268,6112013Revenue 2014: $3,899,092Expenses 2014: $3,505,668Net Income 2014: $393,4242014Revenue 2015: $3,635,285Expenses 2015: $3,451,700Net Income 2015: $183,5852015Revenue 2016: $3,776,351Expenses 2016: $3,726,599Net Income 2016: $49,7522016Revenue 2017: $3,757,116Expenses 2017: $4,049,724Net Income 2017: -$292,6082017Revenue 2018: $4,039,851Expenses 2018: $4,630,867Net Income 2018: -$591,0162018Revenue 2019: $5,859,188Expenses 2019: $5,249,791Net Income 2019: $609,3972019Revenue 2020: $7,072,525Expenses 2020: $6,481,084Net Income 2020: $591,4412020Revenue 2021: $2,753,585Expenses 2021: $2,543,867Net Income 2021: $209,7182021

Highlighted filing

2018

Revenue$4,039,851
Expenses$4,630,867
Net Income-$591,016
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 30, 2019
Return Version
2017v2.3
Gross Receipts
$4,039,851
Mission and Program Overview

Mission

See schedule othe gateway middle school transforms the lives of bright students with language-based learning disabilities and attention deficits. Students become skilled, strategic learners and confident self-advocates. Relying on direct, multisensory instruction and guided by an integrated curriculum, expert faculty teach students the language, literacy, and critical thinking skills that are the foundations for success in mainstream educational settings and beyond. Gateway believes a close relationship between the school and parents provides essential support as students grow and seek to realize their potential. In small classes and as members of a diverse and inclusive community, gateway students experience academic and social success, recognize their strengths, and are empowered to become independent learners.

The gateway middle school transforms the lives of bright students with language-based learning disabilities and attention deficits. Students become skilled, strategic learners and confident self-advocates. Relying on direct, multisensory instruction and guided by an integrated curriculum, expert faculty teach students the language, literacy, and critical thinking skills that are the foundations for success in mainstream educational settings and beyond. Gateway believes a close relationship between the school and parents provides essential support as students grow and seek to realize their potential. In small classes and as members of a diverse and inclusive community, gateway students experience academic and social success, recognize their strengths, and are empowered to become independent learners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,558,552$2,603,966▲ $45,414
Land, Buildings, and Equipment, Net$118,244$171,305▲ $53,061
Accounts Receivable$16,179$100,213▲ $84,034
Prepaid Expenses and Deferred Charges$26,612$22,249▼ $4,363
Cash and Non-Interest-Bearing Accounts$145$142▼ $3
Total Assets$2,801,259$2,897,875▲ $96,616
Other Assets Total$81,527$0▼ $81,527
Liabilities
Deferred Revenue$1,785,745$2,377,316▲ $591,571
Accounts Payable and Accrued Expenses$226,470$271,593▲ $45,123
Other Liabilities$0$50,938▲ $50,938
Total Liabilities$2,012,215$2,699,847▲ $687,632
Net Assets / Fund Balance
Unrestricted Net Assets$789,044$198,028▼ $591,016
Total Net Assets Fund Balance$789,044$198,028▼ $591,016
Total Liabilities and Net Assets / Fund Balance$2,801,259$2,897,875▲ $96,616

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$171,305$147,558$318,863
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sara KieselClassroom TeacherPT$49,144$86,613$135,757
Maureen RyanCFO-COOPT-$127,801$127,801
Victoria MesslerDirector of CurriculumFT$103,926$15,761$119,687
Ellen GraysonDirector of AdmissionsFT$101,379$15,361$116,740
Heather IronsideDirector of Langauge and LiteracyFT$103,966$10,613$114,579
Sharyn LicoDirector of Academic SupportPT$51,349$6,972$58,321

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,039,851
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-591,016

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,954,851
Revenue Not Reported on Financial Statements
$85,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$85,000
Total Revenue per Audited Statements
$3,954,851
Total Revenue per Form 990
$4,039,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,634,367
Other Expenses$1,911,500
Grants and Similar Amounts Paid$85,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,111,165--$2,111,165
Occupancy$689,453--$689,453
Fees for Services Management-$598,285-$598,285
Other Employee Benefits$274,644--$274,644
Payroll Taxes$190,826--$190,826
Fees for Services Other$176,041--$176,041
Depreciation Depletion$90,391--$90,391
Grants to Domestic Individuals$85,000--$85,000
Office Expenses$59,039--$59,039
Pension Plan Contributions$57,732--$57,732
Fees for Services Legal-$48,134-$48,134
Insurance$27,732--$27,732
Other Expenses$27,640--$27,640
All Other Expenses$23,262--$23,262
Fees for Services Accounting-$20,210-$20,210
Conferences and Meetings$9,894--$9,894
Total Functional Expenses$3,964,238$666,629$0$4,630,867

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,630,867
Expenses per Audited Statements$4,545,867
Total Expenses per Audited Statements$4,545,867
Expenses Not Reported on Financial Statements$85,000
Other Expense Adjustments$85,000
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
Due to Gateway School of New York$50,938
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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, Part VI, Section A, Line 3

The organization delegates management control to the gateway school of new york (gsny), a related organization. Gsny provides fiscal and administrative support to the organization. For the year ended june 30, 2018, a management fee was paid to gateway school of new york.

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

The 990 is reviewed by management and approved by the audit committee. A copy of form 990 is provided to the board of trustees for review prior to submission. It is delivered electronically or via usps for those who have limited access to email.

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

The organization annually requires board members to review the conflict of interest policy distributed in their board books. The organization also requires each board member to sign a conflict of interest affirmation. Any potential conflict identified is brought to the attention of the head of school and audit committee for immediate discussion and resolution.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
The Gateway Middle School
EIN
26-2899884
Phone
2127775966
Address
211 WEST 61ST STREET, NEW YORK, NY 10023

Signing Officer

Name
Jodi J Schwartz
Title
Chair, Board of Trustees
Phone
2127775966
Signed
2019-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jodi J Schwartz
Formed
2008
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
125

Preparer

Firm
GRASSI & CO CPA'S PC
Address
488 MADISON AVENUE 21ST FLOOR, NEW YORK, NY 10022
Preparer
David Rottkamp
Phone
2126616166
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The audit committee meets with the auditors to review the draft of the financial statements annually, and appoints the auditors annually.

Financial Statement Notes

PART X, LINE 2:

The middle school applies the provisions pertaining to uncertain tax provisions (fasb asc topic 740) and has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. The middle school is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The middle school believes it is no longer subject to income tax examinations for years prior to 2015.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Tuition scholarships 85,000.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Tuition scholarships 85,000.

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IRS990/ActivityOrMissionDesc0THE GATEWAY MIDDLE SCHOOL TRANSFORMS THE LIVES OF BRIGHT STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES AND ATTENTION DEFICITS. STUDENTS BECOME SKILLED, STRATEGIC LEARNERS AND CONFIDENT SELF-ADVOCATES. RELYING ON DIRECT, MULTISENSORY INSTRUCTION AND GUIDED BY AN INTEGRATED CURRICULUM, EXPERT FACULTY TEACH STUDENTS THE LANGUAGE, LITERACY, AND CRITICAL THINKING SKILLS THAT ARE THE FOUNDATIONS FOR SUCCESS IN MAINSTREAM EDUCATIONAL SETTINGS AND BEYOND. GATEWAY BELIEVES A CLOSE RELATIONSHIP BETWEEN THE SCHOOL AND PARENTS PROVIDES ESSENTIAL SUPPORT AS STUDENTS GROW AND SEEK TO REALIZE THEIR POTENTIAL. IN SMALL CLASSES AND AS MEMBERS OF A DIVERSE AND INCLUSIVE COMMUNITY, GATEWAY STUDENTS EXPERIENCE ACADEMIC AND SOCIAL SUCCESS, RECOGNIZE THEIR STRENGTHS, AND ARE EMPOWERED TO BECOME INDEPENDENT LEARNERS.
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IRS990/Desc0SEE SCHEDULE OTHE GATEWAY MIDDLE SCHOOL PROGRAM PREPARES STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES AND/OR ATTENTION DEFICIT FOR SUCCESS IN COLLEGE PREPARATORY HIGH SCHOOLS. IT ENSURES THEY ACQUIRE SKILLS AND STRATEGIES THEY CAN APPLY TOWARDS THE MASTERY OF MORE COMPLEX ACADEMIC MATERIAL, AND DEVELOP A SOUND SENSE OF SELF. STUDENTS ARE SUPPORTED BY A HIGH LEVEL OF STRUCTURE, GIVEN CLEAR EXPLANATIONS, AND ARE TAUGHT ACCORDING TO THEIR INDIVIDUAL NEEDS BY VIRTUE OF DIAGNOSTIC INSTRUCTION. THROUGH THE EXECUTION OF EFFECTIVE, RESEARCH-VALIDATED DIRECT INSTRUCTION, STUDENTS LEARN 'HOW TO LEARN,' EXPERIENCE SUCCESS, AND DEVELOP THE SELF-AWARENESS AND CONFIDENCE THAT INSPIRES THEM TO ASSUME EVER-INCREASING RESPONSIBILITY FOR THEIR LEARNING. AN INDEPENDENT SCHOOL CURRICULUM WEAVES TOGETHER THE SKILLS AND STRATEGIES NECESSARY FOR LEARNING WITH THE ACADEMIC CONTENT REQUIRED FOR SUCCESSFUL PARTICIPATION IN GENERAL CLASSROOMS. GATEWAY STUDENTS TRANSITION TO MAINSTREAM SCHOOL SETTINGS WHEN IT IS CLEAR THEY CAN DO SO SUCCESSFULLY.THE GATEWAY MIDDLE SCHOOL PROVIDED EDUCATIONAL SERVICES TO 61 STUDENTS, AND ALSO PROVIDED LANGUAGE THERAPY AND COUNSELING TO ALL STUDENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE EMERITUS
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IRS990/Form990PartVIISectionAGrp/TitleTxt21CFO-COO
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IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR OF ACADEMIC SUPPORT
IRS990/Form990PartVIISectionAGrp/TitleTxt24CLASSROOM TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF CURRICULUM
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR OF LANGAUGE AND LITERACY
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