VARDAMAN STREET CHRISTIAN ACADEMY INC DBA GATEWAY CHRISTIAN ACADEMY (EIN 262492976) - 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

2008

Legal Domicile

Principal Officer

DALE DAVIS

Phone

6015285454

Tax Period

2024-07-01 to 2025-06-30

VARDAMAN STREET CHRISTIAN ACADEMY INC DBA GATEWAY CHRISTIAN ACADEMY, founded in 2008, is a small nonprofit in the Education sector that reported $428K in total revenue in fiscal year 2024.

Mission

TEACHING "THE WAY OF THE SAVIOR" ON A DAILY BASIS IN CONJUNCTION WITH THE HIGHEST ACADEMIC STANDARDS IN A STRONG DISCIPLINED ATMOSPHERE THAT DEMANDS THE ULTIMATE OF RESPECT FOR PEERS AND TEACHERS IN THE CONTEXT OF GOOD MORALE, INDIVIDUAL EMOTIONAL STABILITY, THE BEST OF MORAL STANDARDS, AND A LOVE AND RESPECT FOR FAMILY AND THE UNITED STATES OF AMERICA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $62,989

Program Service Revenue $349,991

Investment Income $284

Other Revenue $14,967

TOTAL REVENUE $428,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $351,478

Fundraising Expenses $0

Program Expenses $406,130

Other Expenses $95,657

TOTAL EXPENSES $447,135

Year-over-Year Comparison

	2024	2023	Change
Revenue	$428,231	$400,663	+0.1%
Expenses	$447,135	$434,857	+0.0%
Net Income	$-18,904	$-34,194	-0.4%

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

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

$22,450

Total Directors

$22,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALE DAVIS	PRESIDENT	3.00	Officer Director	$0	$0	$0
ALLEN MALLETT	VICE-PRESIDENT	4.00	Officer Director	$0	$0	$0
GWEN TAYLOR	SECRETARY/TREASURER	2.00	Officer Director	$22,450	$0	$22,450
MALENA MARTIN	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFF BERRY	BOARD MEMBER	2.00	Director	$0	$0	$0
LAMAR BURKHOLDER	BOARD MEMBER	10.00	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	$428,231	$447,135	$454,373	$-18,904
2024	No data	No data	No data	No data
2023	$380,730	$370,642	$569,737	$10,088
2022	$461,543	$351,190	$586,872	$110,353
2021	$404,793	$350,085	$504,080	$54,708
2020	$325,940	$304,833	$459,422	$21,107
2019	$345,252	$324,617	$457,763	$20,635

VARDAMAN STREET CHRISTIAN ACADEMY INC DBA GATEWAY CHRISTIAN ACADEMY