Gateway Stem Academy
EIN: 822364892 · Saint Paul, MN · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $4.5M |
| Net Assets | $-525,512 |
Is Gateway Stem Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gateway Stem Academy
Gateway Stem Academy (EIN: 822364892) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code B29. The organization reported total revenue of $3.0M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Stem Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gateway Stem Academy is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-723,993 |
| Total Assets | $1.8M |
| Total Liabilities | $2.3M |
| Net Assets | $-525,512 |
| Operating Margin | -18.9% |
| Debt-to-Asset Ratio | 129.7% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Gateway Stem Academy reported a deficit of $724K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 129.7% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Gateway Stem Academy's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | -0.8% | -26.8% |
| 2022 | +9.8% | +19.6% | +21.3% |
| 2021 | +45.5% | +38.7% | +42.9% |
| 2020 | +21.4% | +11.6% | +218.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gateway Stem Academy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gateway Stem Academy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $724K, with expenses exceeding revenue.
- Debt-to-asset ratio: 129.7%.
Frequently Asked Questions about Gateway Stem Academy
Is Gateway Stem Academy a legitimate charity?
Gateway Stem Academy (EIN: 822364892) is a registered tax-exempt nonprofit based in Minnesota. It has 5 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: C.
How does Gateway Stem Academy spend its money?
Gateway Stem Academy reported $3.0M in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gateway Stem Academy tax-deductible?
Gateway Stem Academy is registered as a tax-exempt nonprofit (EIN: 822364892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gateway Stem Academy located?
Gateway Stem Academy is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 822364892. It is classified under NTEE code B29.
How many years of IRS 990 filings does Gateway Stem Academy have?
Gateway Stem Academy has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
Filing History
IRS 990 filing history for Gateway Stem Academy showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Gateway Stem Academy's revenue has grown by 63.4%, moving from $2.3M to $3.8M. Total assets increased by 303.9% over the same period, from $438K to $1.8M. Total functional expenses rose by 83.8%, from $2.5M to $4.5M. In its most recent filing year (2023), Gateway Stem Academy reported a deficit of $724K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $1.8M in assets (debt-to-asset ratio: 129.7%), resulting in net assets of $-525,512.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $4.5M | $1.8M | $2.3M | — | View 990 |
| 2022 | $4.5M | $4.6M | $2.4M | $2.2M | — | View 990 |
| 2021 | $4.1M | $3.8M | $2.0M | $1.8M | — | — |
| 2020 | $2.8M | $2.8M | $1.4M | $1.5M | — | View 990 |
| 2019 | $2.3M | $2.5M | $438K | $573K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $4.5M, and assets of $1.8M (revenue -15.8% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.6M, and assets of $2.4M (revenue +9.8% year-over-year).
- 2021: Revenue of $4.1M, expenses of $3.8M, and assets of $2.0M (revenue +45.5% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.8M, and assets of $1.4M (revenue +21.4% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.5M, and assets of $438K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gateway Stem Academy:
Data Sources and Methodology
This transparency report for Gateway Stem Academy 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.