Gateway Community Charters

Gateway Community Charters shows consistent revenue growth and healthy asset accumulation with no reported officer compensation.

EIN: 200231006 · Sacramento, CA · NTEE: B29 · Updated: 2026-03-28

$114.8MRevenue
$114.2MGross Revenue
$172.4MAssets
85/100Mission Score (Excellent)
B29

Is Gateway Community Charters Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Gateway Community Charters directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Gateway Community Charters

Gateway Community Charters (EIN: 200231006) is a nonprofit organization based in Sacramento, CA, classified under NTEE code B29. The organization reported total revenue of $114.8M and total assets of $172.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Community Charters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
MajorSize Classification
13Years of Filings
GrowingRevenue Trajectory

Gateway Community Charters is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$117.1M
Total Expenses$93.0M
Surplus / Deficit+$24.1M
Total Assets$160.7M
Total Liabilities$50.0M
Net Assets$110.6M
Operating Margin20.6%
Debt-to-Asset Ratio31.1%
Months of Reserves20.7 months

Financial Health Grade: A

In 2023, Gateway Community Charters reported a surplus of $24.1M with revenue exceeding expenses, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 31.1% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Gateway Community Charters's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+39.0%+27.4%+41.9%
2022+16.1%+18.8%+17.0%
2021+12.8%+3.9%+13.0%
2020+10.7%+6.6%+1.8%
2019+11.1%+12.2%+7.4%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Gateway Community Charters demonstrates strong financial health with consistent revenue growth, increasing from $33.7 million in 2014 to $117.1 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenues of $117.1 million exceeded expenses of $93.0 million. This surplus contributes to a healthy asset base, which has grown significantly from $42.3 million in 2014 to $160.7 million in 2023, indicating good long-term financial stability. The organization's liabilities have also increased, but at a slower rate than assets, maintaining a strong equity position. Regarding spending efficiency, the organization's primary function as a charter school operator means a significant portion of its expenses are directly tied to program services, such as education and student support. While specific program spending percentages are not detailed in the provided summary, the consistent operational surplus suggests efficient management of resources relative to its mission. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than high executive salaries, which is a positive sign for donors and stakeholders. Transparency is generally good, with a consistent history of 13 IRS 990 filings. The zero reported officer compensation is a notable aspect of their financial transparency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) in the provided data, a complete assessment of spending efficiency across these categories is limited. Further analysis of the full 990 forms would be necessary to fully evaluate the allocation of expenses.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gateway Community Charters with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Gateway Community Charters allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$117.1MTotal Revenue
$93.0MTotal Expenses
$160.7MTotal Assets
$50.0MTotal Liabilities
$110.6MNet Assets

Executive Compensation Analysis

Gateway Community Charters consistently reports 0% officer compensation across all 13 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with over $117 million in annual revenue and $160 million in assets.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Gateway Community Charters's IRS 990 filings:

Strengths

The following positive indicators were identified for Gateway Community Charters:

Frequently Asked Questions about Gateway Community Charters

Is Gateway Community Charters a legitimate charity?

Based on AI analysis of IRS 990 filings, Gateway Community Charters (EIN: 200231006) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

How does Gateway Community Charters spend its money?

Gateway Community Charters directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Gateway Community Charters tax-deductible?

Gateway Community Charters is registered as a tax-exempt nonprofit (EIN: 200231006). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Gateway Community Charters financially stable?

Yes, Gateway Community Charters appears financially stable. Its revenue has grown consistently from $33.7 million in 2014 to $117.1 million in 2023, and its assets have increased from $42.3 million to $160.7 million over the same period, indicating strong financial health and growth.

How much does Gateway Community Charters spend on executive compensation?

Gateway Community Charters reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers.

What is the trend in Gateway Community Charters' revenue and expenses?

Gateway Community Charters has experienced significant and consistent growth in both revenue and expenses. Revenue increased from $33.7 million in 2014 to $117.1 million in 2023, while expenses grew from $29.5 million to $93.0 million over the same period, consistently maintaining a surplus.

Does Gateway Community Charters have a strong asset base?

Yes, Gateway Community Charters has a strong and growing asset base, increasing from $42.3 million in 2014 to $160.7 million in 2023, significantly exceeding its liabilities of $50.0 million in 2023.

Filing History

IRS 990 filing history for Gateway Community Charters showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Gateway Community Charters's revenue has grown by 353.2%, moving from $25.8M to $117.1M. Total assets increased by 719.1% over the same period, from $19.6M to $160.7M. Total functional expenses rose by 345.6%, from $20.9M to $93.0M. In its most recent filing year (2023), Gateway Community Charters reported a surplus of $24.1M, with revenue exceeding expenses. The organization holds $50.0M in liabilities against $160.7M in assets (debt-to-asset ratio: 31.1%), resulting in net assets of $110.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $117.1M $93.0M $160.7M $50.0M
2022 $84.2M $73.0M $113.2M $27.1M View 990
2021 $72.5M $61.4M $96.8M $20.6M
2020 $64.3M $59.1M $85.6M $21.5M View 990
2019 $58.1M $55.5M $84.1M $25.3M View 990
2018 $52.3M $49.4M $78.3M $22.3M View 990
2017 $49.1M $45.6M $74.4M $21.3M View 990
2016 $55.6M $41.5M $69.3M $19.9M View 990
2015 $36.9M $34.8M $44.1M $8.8M View 990
2014 $33.7M $29.5M $42.3M $2.2M View 990
2013 $31.1M $26.6M $37.7M $2.2M View 990
2012 $37.9M $24.9M $32.1M $2.7M View 990
2011 $25.8M $20.9M $19.6M $3.0M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Gateway Community Charters:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Gateway Community Charters is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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