GATEWAY ACADEMY (EIN 202689988) - 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

2005

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

GATEWAY ACADEMY, founded in 2005, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $3.5M left a modest 10% surplus.

Mission

SPECIALIZED EDUCATION PROGRAM FOR STUDENTS GRADE 6-12 THAT ARE CLASSIFIED AS TWICE EXCEPTIONAL WITH HIGH FUNCTIONING AUTISM

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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 $18,086

Program Service Revenue $3,845,296

Investment Income $54,642

Other Revenue $0

TOTAL REVENUE $3,918,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,941,514

Fundraising Expenses $15,202

Program Expenses $3,290,263

Other Expenses $1,582,182

TOTAL EXPENSES $3,523,696

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,918,024	$3,582,925	+0.1%
Expenses	$3,523,696	$3,340,418	+0.1%
Net Income	$394,328	$242,507	+0.6%

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

Volunteers

N/A

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

$271,630

Total Directors

$271,630

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
O ROBIN SWEET	TREASURER	50.00	Officer Director	$137,362	$0	$137,362
THOMAS A BLOOM	CHAIRMAN	50.00	Officer Director	$134,268	$0	$134,268
ALEXIS YOUMAGUL	DIRECTOR	5.00	Director	$0	$0	$0
TODD NOEL	DIRECTOR	5.00	Director	$0	$0	$0
GRETCHEN WINGARD	SECRETARY	5.00	Officer Director	$0	$0	$0

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	$3,918,024	$3,523,696	$11,235,025	$394,328
2023	$3,582,925	$3,340,418	$10,299,001	$242,507
2022	$3,166,094	$3,227,447	$11,395,095	$-61,353
2021	$3,601,522	$2,905,819	$11,585,043	$695,703
2020	$3,166,708	$2,962,413	$11,201,875	$204,295
2019	$2,770,686	$2,762,246	$829,192	$8,440

GATEWAY ACADEMY