GATE CITY CHARTER ACADEMY INC (EIN 464192980) - 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

2016

Legal Domicile

Phone

6162221700

Tax Period

2024-07-01 to 2025-06-30

GATE CITY CHARTER ACADEMY INC, founded in 2016, is a community nonprofit in the Education sector that reported $9.2M in total revenue in fiscal year 2024.

Mission

TO OPERATE A PUBLIC CHARTER SCHOOL WHICH PROVIDES EDUCATION BASED ON RIGOROUS TEACHING METHODS, PARENTAL INVOLVEMENT, STUDENT RESPONSIBILITY, AND BASIC MORAL VALUES.

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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 $9,102,601

Program Service Revenue $40,917

Investment Income $0

Other Revenue $35,000

TOTAL REVENUE $9,178,518

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,212,684

Fundraising Expenses $0

Program Expenses $7,631,732

Other Expenses $4,927,300

TOTAL EXPENSES $9,139,984

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,178,518	$8,798,424	+0.0%
Expenses	$9,139,984	$8,758,477	+0.0%
Net Income	$38,534	$39,947	0.0%

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

N/A

Volunteers

278

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENTON BOYCE	TREASURER/SECRETARY	1.0	Officer Director	$0	$0	$0
INDIRA ROBERTS	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
JEFF PHILLIPS	PRESIDENT	1.0	Officer Director	$0	$0	$0
ASHLEY WILEY-LEWIS	DIRECTOR	1.0	Director	$0	$0	$0
CYNDY HAYWORTH	DIRECTOR	1.0	Director	$0	$0	$0
STEPHANIE LAWSON	DIRECTOR	1.0	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	$9,178,518	$9,139,984	$1,923,077	$38,534
2024	$8,798,424	$8,758,477	$1,614,080	$39,947
2023	$8,406,312	$8,391,680	$1,346,567	$14,632
2022	$7,888,827	$7,806,524	$1,252,521	$82,303
2021	$7,517,008	$7,521,977	$1,081,786	$-4,969
2020	$6,601,806	$6,587,252	$459,705	$14,554
2019	$6,463,681	$6,464,225	$471,204	$-544
2018	$5,482,330	$5,474,890	$66,034	$7,440

GATE CITY CHARTER ACADEMY INC