Civic Intelligence

The Gateway Middle School

990 • Fiscal year 2019 • EIN 26-2899884

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 16, 2020

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

79th percentile

0.83x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.67x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Net Margin

72nd percentile

10%

Higher net margin than 72% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$315,286

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Asset Growth

91st percentile

63%

Faster asset growth than 91% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

45%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,730,325

Up $1,832,450 (+63%) from 2018

Net Assets

Up

$807,425

Up $609,397 (+308%) from 2018

Liabilities

Up

$3,922,900

Up $1,223,053 (+45%) from 2018

Revenue

Up

$5,859,188

Up $1,819,337 (+45%) from 2018

Expenses

Up

$5,249,791

Up $618,924 (+13%) from 2018

Net Income

Up

$609,397

Up $1,200,413 (+203%) from 2018

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

2019

Assets$4,730,325
Liabilities$3,922,900
Net Assets$807,425

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

2019

Revenue$5,859,188
Expenses$5,249,791
Net Income$609,397
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 16, 2020
Return Version
2018v3.1
Gross Receipts
$5,859,188
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$2,603,966$4,228,213▲ $1,624,247
Accounts Receivable$100,213$207,632▲ $107,419
Land, Buildings, and Equipment, Net$171,305$141,670▼ $29,635
Prepaid Expenses and Deferred Charges$22,249$18,493▼ $3,756
Cash and Non-Interest-Bearing Accounts$142$81▼ $61
Total Assets$2,897,875$4,730,325▲ $1,832,450
Other Assets Total$0$134,236▲ $134,236
Liabilities
Deferred Revenue$2,377,316$3,639,362▲ $1,262,046
Accounts Payable and Accrued Expenses$271,593$283,538▲ $11,945
Other Liabilities$50,938$0▼ $50,938
Total Liabilities$2,699,847$3,922,900▲ $1,223,053
Net Assets / Fund Balance
Unrestricted Net Assets$198,028$807,425▲ $609,397
Total Net Assets Fund Balance$198,028$807,425▲ $609,397
Total Liabilities and Net Assets / Fund Balance$2,897,875$4,730,325▲ $1,832,450

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$141,670$253,810$395,480
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ellen GraysonDirector of AdmissionsPT$69,737$78,351$148,088
Eleni SideriasDirector of Middle SchoolFT$125,947$6,375$132,322
Heather IronsideDirector of Langauge and LiteracyPT$57,255$71,995$129,250
Victoria MesslerDirector of CurriculumPT$59,798$65,832$125,630
Sharyn LicoDirector of Academic SupportPT$69,787$9,710$79,497

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,859,188
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$609,397

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,794,188
Revenue Not Reported on Financial Statements
$65,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$65,000
Total Revenue per Audited Statements
$5,794,188
Total Revenue per Form 990
$5,859,188
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,961,373
Other Expenses$2,223,418
Grants and Similar Amounts Paid$65,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,343,806--$2,343,806
Occupancy$704,411--$704,411
Fees for Services Management-$654,504-$654,504
Other Employee Benefits$332,111--$332,111
Fees for Services Other$300,416--$300,416
Payroll Taxes$222,551--$222,551
Depreciation Depletion$106,252--$106,252
Office Expenses$75,312--$75,312
Grants to Domestic Individuals$65,000--$65,000
Pension Plan Contributions$62,905--$62,905
Fees for Services Legal-$41,824-$41,824
Other Expenses$39,797--$39,797
All Other Expenses$38,893--$38,893
Insurance$30,555--$30,555
Fees for Services Accounting-$19,161-$19,161
Conferences and Meetings$11,806--$11,806
Advertising$735--$735
Total Functional Expenses$4,534,302$715,489$0$5,249,791

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,249,791
Expenses per Audited Statements$5,184,791
Total Expenses per Audited Statements$5,184,791
Expenses Not Reported on Financial Statements$65,000
Other Expense Adjustments$65,000
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
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, 2019, 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 from interested party.

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
2020-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jodi J Schwartz
Formed
2008
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
57
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 2016.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Tuition scholarships 65,000.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Tuition scholarships 65,000.

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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 87 STUDENTS, AND ALSO PROVIDED LANGUAGE THERAPY AND COUNSELING TO ALL STUDENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE EX OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE EMERITUS
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IRS990/Form990PartVIISectionAGrp/TitleTxt20CFOO
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR OF ADMISSIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR OF ACADEMIC SUPPORT
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR OF CURRICULUM
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF LANGAUGE AND LITERACY
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF MIDDLE SCHOOL
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