GATEWAY SCIENCE ACADEMY OF ST LOUIS

EIN: 261425925 501(c)(3) Education

ST LOUIS, MO

Total Revenue
$35,909,004
Total Expenses
$29,378,169
Total Assets
$17,911,906
Net Assets
$15,240,613
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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
2006
Legal Domicile
MO
Principal Officer
HASAN DAMAR
Phone
3142820534
Tax Period
2024-07-01 to 2025-06-30

GATEWAY SCIENCE ACADEMY OF ST LOUIS, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $35.9M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.5M, a strong 18% operating margin.

Mission

TEACHERS, PARENTS, AND STUDENTS WORK TOGETHER TO DEVELOP YOUNG PEOPLE WHO ARE CONFIDENT AND ACHIEVE ACADEMIC EXCELLENCE IN A POWERFUL COLLEGE PREP CURRICULUM. STUDENTS DO NOT QUESTION "WHETHER" THEY WILL GO TO COLLEGE BUT, INSTEAD, ASK "WHEN AND "WHERE;" THEY UNDERSTAND THAT WITH HARD WORK DREAMS ARE POSSIBLE. STUDENTS DEVELOP MATH, SCIENCE AND TECHNOLOGY SKILLS NECESSARY TO BECOME BOLD INQUIRERS, ANALYTICAL THINKERS AND ETHICAL LEADERS IN THE 21ST CENTURY, AND ARE EMPOWERED TO BECOME PRODUCTIVELY ENGAGED IN THE LOCAL COMMUNITY AND BROADER SOCIETY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $35,484,408
Program Service Revenue $262,697
Investment Income $161,899
Other Revenue $0
TOTAL REVENUE $35,909,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,510,275
Fundraising Expenses $0
Program Expenses $26,447,227
Other Expenses $9,867,894
TOTAL EXPENSES $29,378,169

Year-over-Year Comparison

2024 2023 Change
Revenue $35,909,004 $26,099,540 +0.4%
Expenses $29,378,169 $26,264,784 +0.1%
Net Income $6,530,835 $-165,244 -40.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
288
Volunteers
7

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
12
$836,412
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM BAGWELL PRESIDENT 1.00
Officer Director
$0 $0 $0
ORVILLE R GOERGER JR VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ALI DURHAN SECRETARY 1.00
Officer Director
$0 $0 $0
KENNEDY MARANGA TREASURER 1.00
Officer Director
$0 $0 $0
PATRICIA G HUNT MEMBER 1.00
Director
$0 $0 $0
JACQUELYN LEWIS-HARRIS MEMBER 1.00
Director
$0 $0 $0
AHMET BALTACI MEMBER 1.00
Director
$0 $0 $0
NUH CELIK PRINCIPAL 40.00
Officer
$112,993 $36,481 $149,474
SUKRU KAYA PRINCIPAL 40.00
Officer
$109,856 $35,816 $145,672
MUSTAFA ICEL PRINCIPAL 40.00
Officer
$109,468 $35,417 $144,885
MATT SAGNAK ASST. SUPERINTENDENT 40.00
Officer
$112,088 $29,253 $141,341
DEBRA WEAVER PRINCIPAL 40.00
Officer
$101,603 $26,871 $128,474
BRIAN SCHICK PRINCIPAL 40.00
Officer
$103,726 $22,840 $126,566
ENGIN BLACKSTONE SUPERINTENDENT 40.00
Officer
$0 $0 $0
HASAN DAMAR CFO 24.00
Officer
$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 $35,909,004 $29,378,169 $17,911,906 $6,530,835
2024 $26,099,540 $26,264,784 $14,001,915 $-165,244
2023 $26,296,703 $24,185,810 $11,815,597 $2,110,893
2022 $21,282,289 $21,484,454 $10,540,306 $-202,165
2021 $20,826,110 $18,383,808 $11,282,363 $2,442,302
2020 $17,521,623 $17,495,353 $11,801,685 $26,270
2019 $17,161,511 $15,998,759 $7,872,842 $1,162,752
2018 $14,901,065 $14,770,383 $6,848,388 $130,682
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