Civic Intelligence

Gateway School

990 • Fiscal year 2016 • EIN 94-2441484

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

126 EucalyptusSanta Cruz, CA 95060

(831) 423-0341

Siviq Scores

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

Liabilities / Assets

81st percentile

0.65x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

70th percentile

0.49x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

33rd percentile

-1.9%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

1.8%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,119,218

Down $77,769 (-1.9%) from 2015

Net Assets

Up

$1,455,046

Up $1,835 (+0.1%) from 2015

Liabilities

Down

$2,664,172

Down $79,604 (-2.9%) from 2015

Revenue

Up

$5,441,803

Up $94,669 (+1.8%) from 2015

Expenses

Up

$5,439,968

Up $282,523 (+5.5%) from 2015

Net Income

Down

$1,835

Down $187,854 (-99%) from 2015

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$0Assets 2012: $3,990,818Liabilities 2012: $2,709,130Net Assets 2012: $1,281,6882012Assets 2013: $3,962,023Liabilities 2013: $2,691,553Net Assets 2013: $1,270,4702013Assets 2014: $3,829,092Liabilities 2014: $2,565,570Net Assets 2014: $1,263,5222014Assets 2015: $4,196,987Liabilities 2015: $2,743,776Net Assets 2015: $1,453,2112015Assets 2016: $4,119,218Liabilities 2016: $2,664,172Net Assets 2016: $1,455,0462016Assets 2017: $4,207,619Liabilities 2017: $2,567,774Net Assets 2017: $1,639,8452017Assets 2019: $3,845,262Liabilities 2019: $2,983,608Net Assets 2019: $861,6542019Assets 2020: $3,461,627Liabilities 2020: $2,866,024Net Assets 2020: $595,6032020Assets 2021: $3,671,016Liabilities 2021: $2,482,219Net Assets 2021: $1,188,7972021Assets 2022: $4,135,152Liabilities 2022: $2,883,608Net Assets 2022: $1,251,5442022Assets 2023: $3,351,096Liabilities 2023: $1,860,739Net Assets 2023: $1,490,3572023Assets 2024: $4,719,111Liabilities 2024: $2,382,058Net Assets 2024: $2,337,0532024

Highlighted filing

2016

Assets$4,119,218
Liabilities$2,664,172
Net Assets$1,455,046

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $4,758,774Expenses 2012: $4,776,694Net Income 2012: -$17,9202012Revenue 2013: $5,198,179Expenses 2013: $5,207,373Net Income 2013: -$9,1942013Revenue 2014: $5,097,532Expenses 2014: $5,073,922Net Income 2014: $23,6102014Revenue 2015: $5,347,134Expenses 2015: $5,157,445Net Income 2015: $189,6892015Revenue 2016: $5,441,803Expenses 2016: $5,439,968Net Income 2016: $1,8352016Revenue 2017: $5,834,982Expenses 2017: $5,650,183Net Income 2017: $184,7992017Revenue 2019: $4,611,668Expenses 2019: $5,442,169Net Income 2019: -$830,5012019Revenue 2020: $4,987,500Expenses 2020: $5,253,551Net Income 2020: -$266,0512020Revenue 2021: $5,750,619Expenses 2021: $5,157,425Net Income 2021: $593,1942021Revenue 2022: $5,504,023Expenses 2022: $5,441,390Net Income 2022: $62,6332022Revenue 2023: $5,704,396Expenses 2023: $5,465,383Net Income 2023: $239,0132023Revenue 2024: $5,838,469Expenses 2024: $5,037,447Net Income 2024: $801,0222024

Highlighted filing

2016

Revenue$5,441,803
Expenses$5,439,968
Net Income$1,835
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$5,472,489
Mission and Program Overview

Mission

Mission: To inspire children to lead lives of purpose and compassion through scholarship and citizenship.Vision: A dynamic and intellectually challenging educational experience, rooted in Progressive philosophy and reflective of evolving research.Goal: For students to discover their individual and collective potential to make positive change in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,910,944$3,107,326▲ $196,382
Land, Buildings, and Equipment, Net$525,502$507,683▼ $17,819
Cash and Non-Interest-Bearing Accounts$301,108$313,519▲ $12,411
Accounts Receivable$298,635$89,240▼ $209,395
Prepaid Expenses and Deferred Charges$149,024$69,066▼ $79,958
Pledges and Grants Receivable$9,213$22,360▲ $13,147
Inventories for Sale or Use$2,362$3,500▲ $1,138
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$4,196,987$4,119,218▼ $77,769
Other Assets Total$199$6,524▲ $6,325
Liabilities
Deferred Revenue$2,601,665$2,532,058▼ $69,607
Other Liabilities$70,828$95,957▲ $25,129
Accounts Payable and Accrued Expenses$71,283$36,157▼ $35,126
Total Liabilities$2,743,776$2,664,172▼ $79,604
Net Assets / Fund Balance
Unrestricted Net Assets$1,162,656$1,173,622▲ $10,966
Permanently Rstr Net Assets$239,893$245,968▲ $6,075
Temporarily Rstr Net Assets$50,662$35,456▼ $15,206
Total Net Assets Fund Balance$1,453,211$1,455,046▲ $1,835
Total Liabilities and Net Assets / Fund Balance$4,196,987$4,119,218▼ $77,769

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$359,980$956,447$1,316,427
Equipment$125,986$227,115$353,101
Other Land Buildings$21,717$43,173$64,890

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$308,081$6,075▲ $31-$314,187
2014$305,810$2,240▲ $31-$308,081
2013$300,719$3,135▲ $1,956-$305,810
2012$292,948$6,995▲ $776-$300,719
2011$289,422$2,539▲ $987-$292,948
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Zachary RobertsHead of SchoolFT$169,197$38,517$207,714

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$325,078
Program Service Revenue
$4,989,161
Investment Income
$-687
Other Revenue
$128,251
All Other Contributions
$325,078
Change in Net Assets
$1,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,378,327
Other Expenses$1,688,790
Grants and Similar Amounts Paid$372,851
Total Fundraising Expense$229,594
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,870,012$652,174$43,881$2,566,067
Occupancy-$583,977-$583,977
Other Employee Benefits$381,831$16,868$232$398,931
Grants to Domestic Individuals$372,851--$372,851
Travel$188,001$18,817$33,240$240,058
Current Officers, Directors, Trustees, and Key Employees$83,086$83,085$41,543$207,714
Payroll Taxes$205,615--$205,615
Office Expenses$150,827$964$10,855$162,646
Fees for Services Other$29,203$6,373$86,651$122,227
Depreciation Depletion-$97,756-$97,756
Insurance$44,206$44,019-$88,225
Advertising$7,614$19,097$1,588$28,299
All Other Expenses$5,916$7,170$5,212$18,298
Other Expenses$20,504$17,115$2,833$17,115
Fees for Services Accounting-$7,675-$7,675
Fees for Services Legal-$4,119-$4,119
Total Functional Expenses$3,626,486$1,583,888$229,594$5,439,968
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$155,199
Fundraising Direct Expenses$29,748
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction Gala$155,199$155,199$9,949$145,250
Total Events$155,199$155,199$29,748$125,451
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Liabilities$88,792
Deposit$7,165
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, Part VI, Line 11B: Form 990 Review Process

The 990 return is reviewed by the Executive Committee of the Board of Trustees before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All members of the Board of Trustees reviews and sign the Conflict of Interest Statement each September at the start of the school year.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Head of School's annual salary is reviewed by the Executive Committee of the Board of Trustees at the time of any renewal or extension of the Head's contract. In addition to considering the Head's most recent performance reviews, the Committee researches compensation data from NAIS and CAIS member schools of similar size and mission in order to benchmark the Head's salary against current industry standards. The decision regarding the Head's subsequent salary is recorded in the minutes of the Executive Committee.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The School provides paper copies of the 990 return upon request.

Filing and Contact Details

Filer

Filer Name
Gateway School
EIN
94-2441484
Phone
8314230341
Address
126 EUCALYPTUS, SANTA CRUZ, CA 95060

Signing Officer

Name
Zachary Roberts
Title
Head of School
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zachary Roberts
Formed
1977
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
120
Volunteers
60

Preparer

Firm
Hutchinson and Bloodgood LLP
Address
579 Auto Center Drive, Watsonville, CA 95076
Preparer
Karen E Semingson CPA
Phone
8317242441
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The endowment account is maintained to accept donations for the purposes of generating income to promote the programs of gareway school, support financial aid and support diversity.

Part X : FIN48 Footnote

Gateway School is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d.Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization on its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the School in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The School's returns are subject to examination by federal and state taxing authorities, generally for three and four years respectively, after they are filed.

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