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Houston Gateway Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311614343 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Houston Gateway Academy Inc?

Houston Gateway Academy Inc, located at 7310 Bowie Street, Houston, Texas, 77012, is a nonprofit organization dedicated to providing an individualized curriculum that helps minimize or prevent learning disabilities. Their mission is to cultivate strong critical thinkers, enabling students to successfully graduate from competitive colleges. Through character development and a rigorous curriculum, Houston Gateway Academy aims to make a difference in students' lives. The organization employs 239 individuals in pursuit of their educational goals.


Official website here: www.hgaschools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% - Three-Star out of Four Star Rating

Houston Gateway Academy Inc has received a solid Three-Star rating, reflecting a commendable level of accountability and financial management. The organization boasts a fully independent board and has achieved high scores across various governance metrics, including financial oversight and transparency measures. This indicates a strong commitment to ethical practices and responsible stewardship of resources.

In terms of financial health, the organization demonstrates a low liabilities to assets ratio at 1.67%, suggesting that it manages its debts effectively. However, its program expense ratio of 59.22% indicates that a significant portion of its expenses may not be directly allocated to program services, which can be viewed as a limitation. This could raise questions about the efficiency of fund utilization in relation to its mission initiatives.

Overall, Houston Gateway Academy Inc appears to have a well-structured governance framework and a transparent operation. While its financial metrics are strong, stakeholders may want to consider the program expense ratio when evaluating the organization's effectiveness in delivering its services.


This AI summary has been generated from information found on Charity Navigator.

Is Houston Gateway Academy Inc legitimate?

Houston Gateway Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Gateway Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $350,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,016,064

For more financial information, click here


Official website here: www.hgaschools.org

What is the mission statement of Houston Gateway Academy Inc?

Houston Gateway Academy Inc is dedicated to fostering the development of strong critical thinkers who will graduate from competitive colleges. This is achieved through a character-building curriculum and rigorous academic programs. The institution provides an individualized curriculum designed to minimize or prevent learning disabilities, ensuring students receive a well-rounded education. The ultimate goal is to prepare students for success in higher education and beyond.


Official website here: www.hgaschools.org

Who is the CEO of Houston Gateway Academy Inc?

Elizabeth Mccarthy is the Board President of Houston Gateway Academy Inc.


Official website here: www.hgaschools.org

What is the revenue of Houston Gateway Academy Inc?

Houston Gateway Academy Inc's revenue in 2022 was $30,104,299.


Official website here: www.hgaschools.org

Who are the executives of Houston Gateway Academy Inc and what are their salaries?

The average compensation at Houston Gateway Academy Inc during 2022 was $43,373. There are 239 employees at Houston Gateway Academy Inc.


Here are 5 key members and their salaries:


Charlie Menefee (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Ramon (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Penning (Superintendent)
  • Compensation: $176,854
  • Related: $0
  • Other: $0
Elizabeth Mccarthy (Compliance Officer)
  • Compensation: $174,174
  • Related: $0
  • Other: $0
Tiffany Wright (Principal)
  • Compensation: $118,236
  • Related: $0
  • Other: $0


Official website here: www.hgaschools.org

Where can I find the form 990 for Houston Gateway Academy Inc?

Houston Gateway Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hgaschools.org

Learn more at the official website: www.hgaschools.org

Mission Statement of Houston Gateway Academy Inc

Houston Gateway Academy Inc is a nonprofit organization dedicated to fostering strong critical thinkers who will graduate from competitive colleges. Through its mission, the academy focuses on providing character development and a rigorous curriculum to its students. The organization is committed to helping each student reach their full potential by offering an individualized curriculum designed to minimize or prevent learning disabilities.

In essence, Houston Gateway Academy Inc aims to go beyond the mere acquisition of knowledge and instead, nurtures students to become critical thinkers. By implementing a rigorous curriculum, the academy challenges its students to think deeply and analytically, preparing them for the demands of higher education and future careers. At the same time, the organization places a strong emphasis on character development, instilling essential values and skills that will enable students to succeed not only academically but also personally.

Houston Gateway Academy Inc's dedication to its mission is reflected in its approach to education. The organization recognizes that every student is unique and has distinct learning needs. To cater to these individual differences, the academy provides a tailored curriculum that enables students to learn at their own pace and in their own way. This personalized approach not only helps to minimize learning disabilities but also ensures that each student receives the support they need to thrive both academically and personally.

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Impact




October, 2024

Houston Gateway Academy Inc develops strong critical thinkers equipped to graduate from competitive colleges by offering a rigorous curriculum and character development programs. The organization focuses on providing individualized curriculum tailored to the unique needs of each student, helping to minimize or prevent learning disabilities. Based in Houston, Texas, the academy fosters an educational environment where students are encouraged to thrive academically and personally, ultimately preparing them for success in higher education and beyond. Through its dedicated approach to education, Houston Gateway Academy Inc makes a significant impact on the lives of its students, empowering them to reach their full potential and contributing to the community's educational landscape.




This information is meant to be a general summary of Houston Gateway Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$30,104,299 (2022)
Expenses
$17,532,859 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $30,104,299

Assets and Liabilities:

  • Total Assets: $92,608,918
  • Total Liabilities: $4,340,072
  • Net Assets: $88,268,846

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Organization Details

Founding Year

1998

Principal Officer

Elizabeth Mccarthy

Main Address

7310 BOWIE STREET, HOUSTON, TX, 77012

NTEE Category

Code: B29 - Education

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