Gateway Preschool Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 360,804 | 398,260 | −37,456 | 4.2 | 65% |
| 2020 | 246,882 | 338,419 | −91,537 | 1.7 | 73% |
| 2021 | 356,689 | 240,171 | 116,518 | 8.3 | 76% |
| 2022 | 232,260 | 239,604 | −7,344 | 7.9 | 76% |
| 2023 | 326,650 | 296,608 | 30,042 | 7.6 | 78% |
In its most recent public year (2023), this organization brought in $30,042 more than it spent. Its reserves stood at about 7.6 months of spending, up from 4.2 in 2019. Staff pay was 78% 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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