SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Gateway Academy Inc
Houston, TX · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Gateway Academy Inc shows signs of real financial distress. On the latest filing, net assets are negative on the latest filing — liabilities exceed total assets, so there is no reserve cushion. Revenue is 85% tuition-dependent (peer median 88%), concentrated but in line with most independent day schools. Staff compensation runs 71% of expenses, generous relative to peers. Expenses are outpacing revenue 5.6% vs 1.4% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: -1.3 / 10, distressed.
The Gateway Academy Inc reported $4.9M in revenue against $4.9M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at -$280K.
Operating margin landed at -1.0%, with 85.1% of revenue coming from tuition. Among same-size peers, that puts The Gateway Academy Inc at the p43 on operating margin.
$4.9M
REVENUE FY2023
-1.0%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on The Gateway Academy Inc: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, The Gateway Academy Inc ranks 7th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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