Civic Intelligence

Gatewood Schools Inc.

990 • Fiscal year 2015 • EIN 58-1087497

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 05, 2015

139 Phillips DriveEatonton, GA 31024

(706) 485-8231

Siviq Scores

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

Liabilities / Assets

85th percentile

0.70x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

0.59x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

42nd percentile

0.4%

Higher net margin than 42% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

65th percentile

5.5%

Faster asset growth than 65% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

47th percentile

2.4%

Faster revenue growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,717,935

Up $141,612 (+5.5%) from 2014

Net Assets

Up

$805,345

Up $11,422 (+1.4%) from 2014

Liabilities

Up

$1,912,590

Up $130,190 (+7.3%) from 2014

Revenue

Up

$3,252,076

Up $75,935 (+2.4%) from 2014

Expenses

Down

$3,240,654

Down $328,679 (-9.2%) from 2014

Net Income

Up

$11,422

Up $404,614 (+103%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $2,713,234Liabilities 2011: $1,149,644Net Assets 2011: $1,563,5902011Assets 2012: $2,614,413Liabilities 2012: $1,457,213Net Assets 2012: $1,157,2002012Assets 2013: $2,849,726Liabilities 2013: $1,662,611Net Assets 2013: $1,187,1152013Assets 2014: $2,576,323Liabilities 2014: $1,782,400Net Assets 2014: $793,9232014Assets 2015: $2,717,935Liabilities 2015: $1,912,590Net Assets 2015: $805,3452015Assets 2016: $2,465,461Liabilities 2016: $1,909,009Net Assets 2016: $556,4522016Assets 2017: $2,296,228Liabilities 2017: $1,540,518Net Assets 2017: $755,7102017Assets 2018: $2,710,598Liabilities 2018: $1,468,276Net Assets 2018: $1,242,3222018Assets 2019: $3,677,842Liabilities 2019: $1,983,194Net Assets 2019: $1,694,6482019Assets 2020: $5,683,531Liabilities 2020: $4,048,624Net Assets 2020: $1,634,9072020Assets 2021: $6,088,320Liabilities 2021: $4,016,989Net Assets 2021: $2,071,3312021Assets 2022: $6,784,138Liabilities 2022: $4,034,567Net Assets 2022: $2,749,5712022Assets 2023: $5,865,558Liabilities 2023: $1,454,274Net Assets 2023: $4,411,2842023Assets 2024: $12,365,667Liabilities 2024: $6,107,959Net Assets 2024: $6,257,7082024Assets 2025: $12,901,532Liabilities 2025: $6,392,307Net Assets 2025: $6,509,2252025

Highlighted filing

2015

Assets$2,717,935
Liabilities$1,912,590
Net Assets$805,345

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 2011: $2,529,6202011Expenses 2012: $2,894,4842012Expenses 2013: $3,300,7252013Revenue 2014: $3,176,141Expenses 2014: $3,569,333Net Income 2014: -$393,1922014Revenue 2015: $3,252,076Expenses 2015: $3,240,654Net Income 2015: $11,4222015Revenue 2016: $3,207,300Expenses 2016: $3,456,193Net Income 2016: -$248,8932016Revenue 2017: $3,355,769Expenses 2017: $3,156,511Net Income 2017: $199,2582017Revenue 2018: $3,538,227Expenses 2018: $3,051,615Net Income 2018: $486,6122018Revenue 2019: $3,748,708Expenses 2019: $3,296,383Net Income 2019: $452,3252019Revenue 2020: $3,369,120Expenses 2020: $3,428,861Net Income 2020: -$59,7412020Revenue 2021: $4,290,844Expenses 2021: $3,854,420Net Income 2021: $436,4242021Revenue 2022: $4,832,447Expenses 2022: $4,154,207Net Income 2022: $678,2402022Revenue 2023: $6,026,563Expenses 2023: $4,364,850Net Income 2023: $1,661,7132023Revenue 2024: $6,057,053Expenses 2024: $4,210,629Net Income 2024: $1,846,4242024Revenue 2025: $5,589,898Expenses 2025: $5,338,381Net Income 2025: $251,5172025

Highlighted filing

2015

Revenue$3,252,076
Expenses$3,240,654
Net Income$11,422
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$3,625,565
Mission and Program Overview

Mission

The mission of gatewood schools is to educate students in a nurturing, christian environment while instilling the life long commendable characteristics of excellence, truth, honor, loyalty and prinde in each student. Gatewood schools will jprovide an educational experience that will prepare students for post secondary education and life long success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,830,235$1,744,548▼ $85,687
Loans From Officers Directors$544,724$707,771▲ $163,047
Accounts Receivable$280,076$316,449▲ $36,373
Cash and Non-Interest-Bearing Accounts$69,754$262,768▲ $193,014
Other Notes and Loans Receivable, Net$243,338$243,338→ $0
Intangible Assets$105,034$97,150▼ $7,884
Savings and Temporary Cash Investments$22,447$43,573▲ $21,126
Prepaid Expenses and Deferred Charges$4,111$2,692▼ $1,419
Total Assets$2,576,323$2,717,935▲ $141,612
Other Assets Total$21,328$7,417▼ $13,911
Liabilities
Other Liabilities$816,336$875,594▲ $59,258
Accounts Payable and Accrued Expenses$421,340$329,225▼ $92,115
Total Liabilities$1,782,400$1,912,590▲ $130,190
Net Assets / Fund Balance
Unrestricted Net Assets$564,715$544,991▼ $19,724
Permanently Rstr Net Assets$217,548$217,548→ $0
Temporarily Rstr Net Assets$11,660$42,806▲ $31,146
Total Net Assets Fund Balance$793,923$805,345▲ $11,422
Total Liabilities and Net Assets / Fund Balance$2,576,323$2,717,935▲ $141,612

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,519,628$1,695,632$3,215,260
Equipment$75,420$1,199,873$1,275,293
Land$149,500-$149,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris HuskinsChairman
Dereck WelchBoard Member
Greg LundyBoard Member
Jim MayBoard Member
Judd DosterBoard Member
Pat HayesBoard Member
Tom McelhenneySecretary
Scott SchneiderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$125,773
Program Service Revenue
$2,893,331
Investment Income
$12,999
Other Revenue
$219,973
All Other Contributions
$125,773
Change in Net Assets
$11,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,468,798
Other Expenses$725,957
Grants and Similar Amounts Paid$45,899
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,106,979--$2,106,979
Payroll Taxes$155,708--$155,708
Depreciation Depletion$146,746--$146,746
Other Employee Benefits$88,284--$88,284
Occupancy$86,628--$86,628
Current Officers, Directors, Trustees, and Key Employees$84,000--$84,000
All Other Expenses$59,087--$59,087
Insurance$51,764--$51,764
Grants to Domestic Individuals$45,899--$45,899
Interest$43,758--$43,758
Pension Plan Contributions$33,827--$33,827
Other Expenses$19,906--$19,906
Office Expenses$17,053--$17,053
Information Technology$12,229--$12,229
Fees for Services Accounting$11,640--$11,640
Advertising$7,943--$7,943
Conferences and Meetings$4,971--$4,971
Travel$1,235--$1,235
Total Functional Expenses$3,240,654$0$0$3,240,654
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$451,477
Fundraising Direct Expenses$247,755
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Food & Wine Fes$259,701$259,701$87,824$171,877
Cheerleading$54,083$54,083$51,431$2,652
Total Events$432,851$432,851$234,585$198,266
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$544,724$707,771▲ $163,047
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Tuition and Fees$875,594
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Chris huskins 304 n lafayette ave eatonton, ga 31024 scott schneider 1350 dogwood dr greensboro, ga 30642 pat hayes 180 rose creek sw eatonton, ga 31024 tom mcelhenney 848 church street eatonton, ga 31024 dereck welch 106 walking horse lane eatonton, ga 31024 jim may 1445 misty lane eatonton, ga 31024 judd doster 202 n. Washington ave eatonton, ga 31024 greg lundy 111 ford road eatonton, ga 31024

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

A copy of the tax return has been provided to each of the board members for their review and any questions prior to filing the return.

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

The policy is reviewed annually at a board of directors' meeting.

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

The compensation for the headmaster is determined by a committee. The other area private schools are polled for their headmaster compensation and the qualifications of the taxpayer's headmaster is taken into consideration.

Form 990, Page 6, Part VI, Line 19

Copies of the organizations governing documents and financial statements are available upon request in the office of the organization during normal business hours.

Filing and Contact Details

Filer

Filer Name
Gatewood Schools Inc
EIN
58-1087497
Phone
7064858231
Address
139 PHILLIPS DRIVE, EATONTON, GA 31024

Signing Officer

Name
Christopher Charles
Title
Headmaster
Phone
7064858231
Signed
2015-11-05
Discuss with paid preparer
Yes

Organization Details

Formed
1970
Legal Domicile
Ga
Voting Board Members
8
Independent Board Members
8
Employees
87
Volunteers
275

Preparer

Firm
Accountants Resource LLC
Address
599 OLD PHOENIX ROAD, EATONTON, GA 31024
Preparer
Heather L Kennerson
Phone
7064840304
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of gatewood schools is to educate students in a nurturing, christian environment while instilling the life long commendable characteristics of excellence, truth, honor, loyalty and prinde in each student. Gatewood schools will jprovide an educational experience that will prepare students for post secondary education and life long success.

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IRS990/MissionDesc0THE MISSION OF GATEWOOD SCHOOLS IS TO EDUCATE STUDENTS IN A NURTURING, CHRISTIAN ENVIRONMENT WHILE INSTILLING THE LIFE LONG COMMENDABLE CHARACTERISTICS OF EXCELLENCE, TRUTH, HONOR, LOYALTY AND PRINDE IN EACH STUDENT. GATEWOOD SCHOOLS WILL JPROVIDE AN EDUCATIONAL EXPERIENCE THAT WILL PREPARE STUDENTS FOR POST SECONDARY EDUCATION AND LIFE LONG SUCCESS.
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IRS990/OtherExpensesGrp/ProgramServicesAmt0172285
IRS990/OtherExpensesGrp/ProgramServicesAmt157772
IRS990/OtherExpensesGrp/ProgramServicesAmt232940
IRS990/OtherExpensesGrp/ProgramServicesAmt319906
IRS990/OtherExpensesGrp/TotalAmt0172285
IRS990/OtherExpensesGrp/TotalAmt157772
IRS990/OtherExpensesGrp/TotalAmt232940
IRS990/OtherExpensesGrp/TotalAmt319906
IRS990/OtherLiabilitiesGrp/BOYAmt0816336
IRS990/OtherLiabilitiesGrp/EOYAmt0875594
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02106979
IRS990/OtherSalariesAndWagesGrp/TotalAmt02106979
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0243338
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0243338
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0155708
IRS990/PayrollTaxesGrp/TotalAmt0155708
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt033827
IRS990/PensionPlanContributionsGrp/TotalAmt033827
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0217548
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0217548
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04111
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02692
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1ATHLETIC INCOME
IRS990/ProgramServiceRevenueGrp/Desc2BUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02836186
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120817
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219236
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02836186
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120817
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt317092
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0123268
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt069376
IRS990/PYInvestmentIncomeAmt013968
IRS990/PYOtherExpensesAmt0910305
IRS990/PYOtherRevenueAmt0164112
IRS990/PYProgramServiceRevenueAmt02874793
IRS990/PYRevenuesLessExpensesAmt0-393192
IRS990/PYSalariesCompEmpBnftPaidAmt02589652
IRS990/PYTotalExpensesAmt03569333
IRS990/PYTotalRevenueAmt03176141
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt011422
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02874095
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022447
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043573
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01519628
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01695632
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03215260
IRS990ScheduleD/EquipmentGrp/BookValueAmt075420
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01199873
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01275293
IRS990ScheduleD/LandGrp/BookValueAmt0149500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0149500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0875594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID TUITION AND FEES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01744548
IRS990ScheduleD/TotalLiabilityAmt0875594
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ADVERTISEMENTS IN AREA NEWSPAPERS, PAMPHLETS DISTRIBUTED TO INTEREST FAMILIES AND ENROLLMENT MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0234585
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOOD & WINE FES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CHEERLEADING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0259701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt054083
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0119067
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0432851
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0259701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt054083
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0119067
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0432851
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0198266
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt095330
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0234585
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt087824
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt051431
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt08
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt144899
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt133
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0479036
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1195630
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt233105
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0COLSOLIDATE DEBT FOR CAPITAL IMPROV
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2ACQUISITION OF STUDENT LIST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0381963
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1250125
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt293105
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0FARMERS MERCHANTS TERM LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1FARMERS MERCHANTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2BANKSOUTH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2false
IRS990ScheduleL/TotalBalanceDueAmt0707771
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF GATEWOOD SCHOOLS IS TO EDUCATE STUDENTS IN A NURTURING, CHRISTIAN ENVIRONMENT WHILE INSTILLING THE LIFE LONG COMMENDABLE CHARACTERISTICS OF EXCELLENCE, TRUTH, HONOR, LOYALTY AND PRINDE IN EACH STUDENT. GATEWOOD SCHOOLS WILL JPROVIDE AN EDUCATIONAL EXPERIENCE THAT WILL PREPARE STUDENTS FOR POST SECONDARY EDUCATION AND LIFE LONG SUCCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHRIS HUSKINS 304 N LAFAYETTE AVE EATONTON, GA 31024 SCOTT SCHNEIDER 1350 DOGWOOD DR GREENSBORO, GA 30642 PAT HAYES 180 ROSE CREEK SW EATONTON, GA 31024 TOM MCELHENNEY 848 CHURCH STREET EATONTON, GA 31024 DERECK WELCH 106 WALKING HORSE LANE EATONTON, GA 31024 JIM MAY 1445 MISTY LANE EATONTON, GA 31024 JUDD DOSTER 202 N. WASHINGTON AVE EATONTON, GA 31024 GREG LUNDY 111 FORD ROAD EATONTON, GA 31024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE TAX RETURN HAS BEEN PROVIDED TO EACH OF THE BOARD MEMBERS FOR THEIR REVIEW AND ANY QUESTIONS PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICY IS REVIEWED ANNUALLY AT A BOARD OF DIRECTORS' MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR THE HEADMASTER IS DETERMINED BY A COMMITTEE. THE OTHER AREA PRIVATE SCHOOLS ARE POLLED FOR THEIR HEADMASTER COMPENSATION AND THE QUALIFICATIONS OF THE TAXPAYER'S HEADMASTER IS TAKEN INTO CONSIDERATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IN THE OFFICE OF THE ORGANIZATION DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt011660
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt042806
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02576323
IRS990/TotalAssetsEOYAmt02717935

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.9$6.39$6.51$5.59$5.34$0.25
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$6.11$6.26$6.06$4.21$1.85
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.87$1.45$4.41$6.03$4.36$1.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.78$4.03$2.75$4.83$4.15$0.68
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.09$4.02$2.07$4.29$3.85$0.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.68$4.05$1.63$3.37$3.43$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$1.98$1.69$3.75$3.30$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$1.47$1.24$3.54$3.05$0.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$1.54$0.76$3.36$3.16$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.47$1.91$0.56$3.21$3.46$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.72$1.91$0.81$3.25$3.24$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.58$1.78$0.79$3.18$3.57$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$1.66$1.19$3.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$1.46$1.16$2.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$1.15$1.56$2.53