Overview
What is Gates School?
The Gates School, situated in North Charleston, South Carolina (SC 29418), is a nonprofit institution that specializes in educating students with dyslexia. In its inaugural year of operation, it enrolled around 100 pupils from grades one through five. The school's mission is to offer an exceptional, evidence-based, and multi-sensory education, designed to unlock each student's unique academic potential. By creating an empowering environment, the Gates School encourages students to develop a positive and socially conscious self-image. This mission is essential in fostering the overall growth and development of these students with dyslexia.
Official website here: www.gatesschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Gates School has received a two-star rating from Charity Navigator, indicating that while it has some strong governance features, there are significant financial concerns that need to be addressed. The organization boasts a fully independent board and has passed various accountability measures, such as having a conflict of interest policy and financial audits in place. However, the overall score of 71% suggests that there are areas for improvement.
One notable strength of Gates School is its commitment to transparency, as evidenced by the absence of material diversion of assets and the presence of essential policies like whistleblower and document retention policies. Additionally, the majority of board members are independent, indicating a solid governance structure. Despite these positives, the organization faces criticism related to its financial health, specifically highlighted by a concerning liabilities to assets ratio of 126.25%, which raises questions about its fiscal sustainability.
The program expense ratio of 61.75% indicates that while a majority of expenditures are directed towards its programs, the overall financial management needs work, especially since the organization's tax form is not posted on its website. This lack of accessibility to financial documents may hinder public trust and transparency. Overall, while Gates School shows promise in governance, it must address financial management issues to improve its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Gates School legitimate?
Gates School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gates School 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: $824,008
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Official website here: www.gatesschool.org
What is the mission statement of Gates School?
The Gates School's mission is to offer an exceptional, evidence-based, multi-sensory education tailored for students with dyslexia. This educational approach aims to unlock their unique academic potential. The school fosters an environment that encourages students to develop a positive and socially conscious self-image. By providing a nurturing setting, the Gates School enables these students to realize their full potential and become well-rounded individuals. In its initial year of operation, the school enrolled approximately 100 students from grades one through five.
Official website here: www.gatesschool.org
Who is the CEO of Gates School?
Stephanie Sams is the Board Chair of Gates School.
Official website here: www.gatesschool.org
What is the revenue of Gates School?
Gates School's revenue in 2022 was $1,989,972.
Official website here: www.gatesschool.org
Who are the executives of Gates School and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.gatesschool.org
Where can I find the form 990 for Gates School?
Gates School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gatesschool.org
Learn more at the official website: www.gatesschool.org
Mission Statement of Gates School
The Gates School, dedicated to its mission, strives to offer an exceptional, evidence-based, multi-sensory education tailored for students struggling with dyslexia. This educational approach aims to unlock the individual academic potential of each student, fostering a positive and socially conscious self-image in an empowering environment. By providing this specialized education, the Gates School aims to create a pathway for its students, enabling them to reach their full academic potential.
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Impact
July, 2024
Gates School's impact is significant in providing an exceptional, evidence-based, multi-sensory education for students with dyslexia. By focusing on opening the gates to each student's individual academic potential, Gates School empowers students to develop a positive and socially conscious self-image. Through its mission, Gates School in North Charleston, SC, has enrolled approximately 100 students in grades one through five in its first year of operations, making a difference in the lives of these students by providing specialized education tailored to their needs.
This information is meant to be a general summary of Gates School. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $63
- Program Service Revenue: $9,663
- Gross Receipts: $1,989,972
Assets and Liabilities:
- Total Assets: $5,261,639
- Total Liabilities: $5,759,440
- Net Assets: -$497,801
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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
$7,548
PUPIL ACTIVITY
Revenue
$1,233
OTHER REVENUE
Revenue
$882
Organization Details
Founding Year
2020
Phone
(843) 981-2526Principal Officer
Stephanie Sams
Main Address
5010 WETLAND CROSSING ROAD, NORTH CHARLESTON, SC, 29418
Website
www.gatesschool.orgNTEE Category
Code: B29 - Education
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