THE GATEWAY SCHOOL OF NEW YORK (EIN 132572597) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

PAULINE S BRANDMEYER

Phone

2127775966

Tax Period

2023-07-01 to 2024-06-30

THE GATEWAY SCHOOL OF NEW YORK, founded in 1965, is a mid-sized nonprofit in the Education sector that reported $13.5M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $12.4M left a modest 8% surplus.

Mission

THE GATEWAY SCHOOL IS A K-8, INDEPENDENT DAY SCHOOL THAT TRANSFORMS THE LIVES OF BRIGHT STUDENTS WITH LANGUAGE-BASED LEARNING DISABILITIES AND ATTENTION DEFICITS. AT GATEWAY, OUR 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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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $593,190

Program Service Revenue $11,961,829

Investment Income $654,777

Other Revenue $264,926

TOTAL REVENUE $13,474,722

Expense Breakdown

Grants Paid $155,000

Salaries & Benefits $8,843,937

Fundraising Expenses $669,500

Program Expenses $9,298,776

Other Expenses $3,448,483

TOTAL EXPENSES $12,447,420

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,474,722	$11,459,450	+0.2%
Expenses	$12,447,420	$11,796,893	+0.1%
Net Income	$1,027,302	$-337,443	-4.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

101

Volunteers

250

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$907,515

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULINE S BRANDMEYER	CHAIR	1.00	Officer Director	$0	$0	$0
LESLIE DE OLIVEIRA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JODI J SCHWARTZ	SECRETARY	1.00	Officer Director	$0	$0	$0
KIERAN CLAFFEY	TREASURER	1.00	Officer Director	$0	$0	$0
RABBI ALAN BERKOWITZ	TRUSTEE THROUGH 8/2023	1.00	Director	$0	$0	$0
ROBERT CARROLL	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTIAN CHUNG	TRUSTEE AS OF 10/2023	1.00	Director	$0	$0	$0
AMY ELLIOTT	TRUSTEE AS OF 10/2023	1.00	Director	$0	$0	$0
KATHERINE GRIER	TRUSTEE EX OFFICIO	1.00	Director	$0	$0	$0
GILLIAN HEARST	TRUSTEE	1.00	Director	$0	$0	$0
KATE HILLIS	TRUSTEE AS OF 2/2024	1.00	Director	$0	$0	$0
BENSON KUTRIEB	TRUSTEE	1.00	Director	$0	$0	$0
TRACEY LOH	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER MITCHELL	TRUSTEE	1.00	Director	$0	$0	$0
VARINDER SINGH	TRUSTEE	1.00	Director	$0	$0	$0
JUDINE SOMERVILLE	TRUSTEE	1.00	Director	$0	$0	$0
LAURIE GRUHN	HEAD OF SCHOOL	39.00	Officer	$309,718	$37,544	$347,262
MAUREEN RYAN	CFOO	39.00	Officer	$296,937	$28,749	$325,686
JENNIFER CHERNEY	CAO	40.00	Officer	$210,403	$24,164	$234,567
DAVID FALLON	DIRECTOR, SAFETY AND FACILITIES	40.00	Highest	$153,960	$8,688	$162,648
HEATHER IRONSIDE	DIRECTOR OF LANGUAGE AND LITERACY	40.00	Highest	$148,664	$18,315	$166,979
MARINA MRAKOVCIC	CONTROLLER	39.00	Highest	$140,758	$35,283	$176,041
JUDY COHEN	DIRECTOR OF HUMAN RESOURCES	40.00	Highest	$139,068	$35,354	$174,422
CHRISTY BROCKHAUSEN	ASSISTANT HOS AND DIR. OF LS	40.00	Highest	$128,338	$13,548	$141,886

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$13,474,722	$12,447,420	$28,318,999	$1,027,302
2023	$11,459,450	$11,796,893	$27,673,946	$-337,443
2022	$14,396,201	$12,168,551	$27,889,776	$2,227,650
2021	$13,514,981	$10,458,944	$27,973,057	$3,056,037
2020	$11,126,521	$6,944,274	$13,998,601	$4,182,247
2019	$6,480,893	$6,261,441	$9,520,572	$219,452
2018	$6,385,979	$5,356,372	$9,050,077	$1,029,607

THE GATEWAY SCHOOL OF NEW YORK