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Gateway Academy Charter School

Newark, NJ · EIN 80-0635404 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Gateway Academy Charter School reported $24.5 million in revenue and $23.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $64.99 went to program services, $35.01 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 100.7% of the total. Government grants made up 100.7%. The highest compensation it reported for one person was $177,027 (PRINCIPAL - HIGH SCHOOL). 20 people received more than $100,000 in reportable compensation. Revenue rose 183% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $23M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24M

Other revenue was negative: −$175K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
65.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
35.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
100.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$177,027$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.75%1.28%
People paid over $100,000
Part VII, line 2
208
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.013.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$15M expenses · 100.0% of program spending

Gateway Academy Charter School builds innovators who graduate and be college ready to solve the worlds next set of challenges. It is a k-12 school that prepares students for college and careers through leadership development, community engagement and services, and excellent academics. The Charter School had an average enrollment of 780 students in grades k-12 during the fiscal year ended june 30, 2025

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRINCIPAL - HIGH SCHOOL
Highest compensated employee, 40.00 hrs/week
$165,709$0$11,318$177,027
PRINCIPAL IN RESIDENCE
Highest compensated employee, 40.00 hrs/week
$144,856$0$26,536$171,392
PRINCIPAL - MIDDLE SCHOOL
Highest compensated employee, 40.00 hrs/week
$132,996$0$19,589$152,585
VICE PRINCIPAL OF ELA
Highest compensated employee, 40.00 hrs/week
$125,906$0$26,530$152,436
VICE PRINCIPAL OF STEM
Highest compensated employee, 40.00 hrs/week
$140,701$0$10,700$151,401
VICE PRESIDENT OF FINANCE/SBA
Officer, key employee, highest compensated employee, 40.00 hrs/week
$0$47,275$0$47,275

20 people received more than $100,000 in reportable compensation from Gateway Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $710K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$24M$23M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$24M$23M65.0%$7.8M$177,027
FY2024 ⓘ$24M$20M86.8%$3.6M—
FY2023 ⓘ$11M$15M85.2%$1.5M—
FY2022 ⓘ$10M$10M85.6%$5.5M—
FY2021 ⓘ$10M$8.8M83.4%$5.4M—
FY2020 ⓘ$8.6M$8.5M82.7%$4.0M—

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5160
  • Volunteers Part I, line 65

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
NEAT FREEKZ CLEANING SERRVICES
Janitorial services
$212,924
KELLER WILLIAMS CITY VIEWS REALTY
Property services
$116,825

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Gateway Academy Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gateway Academy Charter School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Gateway Academy Charter School's spending goes to programs?

In the fiscal year ending June 30, 2025, Gateway Academy Charter School reported that 65.0% of its $23.5 million in expenses went to program services, 35.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Gateway Academy Charter School pay its top executive?

The largest total compensation Gateway Academy Charter School reported for one person in the fiscal year ending June 30, 2025 was $177,027, for the role of PRINCIPAL - HIGH SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Gateway Academy Charter School get its money?

Of $24.5 million in revenue in the fiscal year ending June 30, 2025, 100.7% came from contributions and grants (including 100.7% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Gateway Academy Charter School a registered charity?

The IRS lists EIN 80-0635404 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641149349301419 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349305873 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349312335 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349315838 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211349349302556 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110899349301296 · read the filing

All filings for EIN 80-0635404: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.