Gateway Academy Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,636,014 | 8,546,314 | 89,700 | 5.6 | 56% |
| 2021 | 10,254,333 | 8,819,893 | 1,434,440 | 7.4 | 60% |
| 2022 | 10,297,949 | 10,215,757 | 82,192 | 6.4 | 49% |
| 2023 | 10,955,712 | 14,905,472 | −3,949,760 | 1.2 | 41% |
In its most recent public year (2023), this organization spent $3,949,760 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 5.6 in 2020. Staff pay was 41% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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