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New Gate School Inc

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

EIN: 650358841 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is New Gate School Inc?

New Gate School Inc, established in Sarasota, Florida, is a distinguished nonprofit organization that specializes in Montessori education. With a dedicated team of 43 individuals, the institution's primary mission is to educate children using the Montessori method of instruction. This approach emphasizes hands-on learning, self-directed activities, and fostering independence in students. Beyond its educational offerings, New Gate School Inc also provides teacher training programs, contributing to the growth of Montessori education across various communities.


Official website here: www.newgate.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Overall Score: 66%

New Gate School Inc has received a two-star rating from Charity Navigator, indicating that while it performs well in certain areas, there are significant concerns regarding transparency and financial reporting. The organization excels in accountability and finance, boasting a perfect score in this area due to a majority of independent board members and robust policies in place, such as a conflict of interest policy and whistleblower protections.

Despite these strengths, the organization faces challenges with its financial transparency, as it has not provided financial statements. This lack of documentation has significantly impacted its overall score, particularly its liabilities to assets ratio, where it scored poorly. The program expense ratio is commendable, indicating that a good portion of its funds is directed towards its programs, but the absence of key financial documents raises concerns for potential donors and stakeholders.

Overall, while New Gate School Inc demonstrates strong governance and a focus on program effectiveness, the missing financial statements and other documentation limit its credibility and could deter potential support from the community. Addressing these transparency issues may enhance its standing and build greater trust among donors and beneficiaries alike.


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

Is New Gate School Inc legitimate?

New Gate School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Gate School 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,415,031

For more financial information, click here


Official website here: www.newgate.edu

What is the mission statement of New Gate School Inc?

New Gate School Inc's mission is centered around educating children utilizing the Montessori method of instruction. This educational approach is at the core of their activities and mission statement. The school is committed to providing a Montessori-based education, aiming to foster the intellectual, social, and emotional growth of each child. Furthermore, New Gate School Inc also offers teacher training programs, expanding their reach beyond just education, contributing to the development of Montessori educators.


Official website here: www.newgate.edu

Who is the CEO of New Gate School Inc?

Timothy Seldin is the Trustee of New Gate School Inc.


Official website here: www.newgate.edu

What is the revenue of New Gate School Inc?

New Gate School Inc's revenue in 2023 was $2,974,973.


Official website here: www.newgate.edu

Who are the executives of New Gate School Inc and what are their salaries?

The average compensation at New Gate School Inc during 2023 was $32,908. There are 43 employees at New Gate School Inc.


Here are 8 key members and their salaries:


Katherine Bravo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Cutler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce St Giermaine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Howe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Leitch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorna Mcgrath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Ryskind (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Seldin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newgate.edu

Where can I find the form 990 for New Gate School Inc?

New Gate School Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.newgate.edu

Learn more at the official website: www.newgate.edu

Mission Statement of New Gate School Inc

New Gate School Inc, as indicated by its name and description, is committed to educating children utilizing the Montessori method of instruction. This approach to learning is the driving force behind their mission. The school is not just an educational institution, but also a platform for teacher training, allowing educators to hone their skills in this unique teaching method. By focusing on Montessori education and teacher training, New Gate School Inc aims to foster a nurturing environment that caters to the cognitive, social, and emotional growth of its students.

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Impact




July, 2024

New Gate School Inc has made a significant impact in Sarasota, Florida by providing Montessori education for children and training for teachers. Through their mission to educate children through the Montessori method of instruction, they have played a crucial role in shaping the educational landscape in the community. By instilling a love for learning and fostering independence in students, New Gate School Inc has empowered future generations with the skills and knowledge necessary to succeed in a rapidly changing world. Their commitment to excellence in education is evident in the positive outcomes seen in their students and the wider community.




This information is meant to be a general summary of New Gate School 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
$2,974,973 (2023)
Expenses
$2,952,567 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Program Service Revenue: $2,712,564
  • Gross Receipts: $2,974,973

Assets and Liabilities:

  • Total Assets: $966,260
  • Total Liabilities: $961,331
  • Net Assets: $4,929

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$2,712,564

Organization Details

Founding Year

1984

Principal Officer

Timothy Seldin

Main Address

5237 ASHTON ROAD, SARASOTA, FL, 34233

NTEE Category

Code: B21Z - Education

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