2024-05-23T10:22:31-05:00 2023-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2022-07-01 851025677 GATES SCHOOL C/O CHARTER INSTITUTE AT ERSKINE GATE 8038492464 1201 MAIN ST STE 300 COLUMBIA SC 29201 JOHN LI DISTRICT CFO 8038492464 2024-05-23 1 JOHN LI 999009999 0 DAVID A SMITH P00045703 8642321040 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X CAMERON RUNYAN 1201 MAIN ST STE 300 COLUMBIA SC 29201 1682308 0 X GATESSCHOOL.ORG X 2020 SC GATES SCHOOL'S MISSION IS TO PROVIDE AN EXCEPTIONAL, EVIDENCE-BASED, MULTI-SENSORY EDUCATION FOR STUDENTS WITH DYSLEXIA TO OPEN THE GATES TO THIER INDIVIDUAL ACADEMIC POTENTIAL, IN AN ENVIRONMENT THAT EMPOWERS STUDENTS TO DEVELOP A POSITIVE AND SOCIALLY CONSCIOUS SELF-IMAGE. 7 7 12 0 0 0 1918873 1657785 9663 17161 63 7362 61373 0 1989972 1682308 0 0 0 0 971140 1198500 0 0 0 1003334 1250899 1974474 2449399 15498 -767091 5261639 4818373 5759440 6083264 -497801 -1264891 X GATES SCHOOL'S MISSION IS TO PROVIDE AN EXCEPTIONAL, EVIDENCE-BASED, MULTI-SENSORY EDUCATION FOR STUDENTS WITH DYSLEXIA TO OPEN THE GATES TO THIER INDIVIDUAL ACADEMIC POTENTIAL, IN AN ENVIRONMENT THAT EMPOWERS STUDENTS TO DEVELOP A POSITIVE AND SOCIALLY CONSCIOUS SELF-IMAGE. 0 0 1714475 17161 IN ITS SECOND YEAR OF OPERATIONS AS A SCHOOL, GATES ENROLLED APPROXIMATELY 100 STUDENTS IN GRADES ONE THROUGH FIVE. AS OF JUNE 30, 2024, THE SCHOOL CEASED OPERATIONS AS A PUBLIC CHARTER SCHOOL. 1714475 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 12 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHARTER INSTITUTE AT ERSKINE 8038492464 1201 MAIN ST STE 300 COLUMBIA SC 29201 STEPHANIE SAMS BOARD CHAIR 2.00 X X 0 0 0 TREY ZIMMERMAN VICE CHAIR 2.00 X X 0 0 0 ERIC BENTSON TREASURER 2.00 X X 0 0 0 GEORGE HYND BOARD MEMBER 2.00 X 0 0 0 SEDRIC WEBBER BOARD MEMBER 2.00 X 0 0 0 BOB MCFERRAN BOARD MEMBER 2.00 X 0 0 0 ROSEMARY HEROLD BOARD MEMBER 2.00 X 0 0 0 CHRISS OTT BOARD MEMBER 2.00 X 0 0 0 JOHN LI DISTRICT CFO 0.00 X 0 0 0 0 0 0 0 0 0 0 0 1606304 51481 1657785 TUITION AND FEES 611110 8497 8497 PUPIL ACTIVITY 611170 7792 7792 OTHER REVENUE 611170 872 872 17161 7362 7362 1682308 17161 0 7362 X 1045210 834202 211008 88280 68677 19603 65010 48545 16465 16141 16141 249134 249134 75035 75035 278951 255836 23115 1455 1455 20159 20159 50380 33296 17084 72331 72331 10 10 323692 323692 84222 67378 16844 26863 26863 BANK FEES 36221 36221 STUDENT SUPPLIES & TEXT 7906 7906 FEE PAID TO DISTRICT 3698 3698 SECURITY 2077 2077 2624 535 2089 2449399 1714475 734924 0 494852 422682 292340 9826 18008 17311 4536998 168444 4452776 4368554 3663 0 5261639 4818373 408350 630796 1875 0 5305000 5305000 44215 147468 5759440 6083264 X 0 0 0 0 -497801 -1264891 -497801 -1264891 5261639 4818373 X -767091 1 X X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2050000 2050000 2258298 119136 2139162 228700 49308 179392 4368554 DUE TO SC DEPT OF EDUCATION 147468 147468 X 1682308 0 1682308 0 1682308 2449399 0 2449399 0 2449399 PART X, LINE 2: THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48. 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS LISTED ON ALL PRINTED REGISTRATION FORMS. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT AWARD SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED APPROXIMATELY $1,606,000 IN FEDERAL AND STATE AID. A SC JOBS-ECONOM DEVELOP AUTH 2021A 570960018 83704MBR6 2021-03-31 4875000 PURCHASE AND UPFIT OF SCHOOL BUILDING 0 0 0 A 4875000 221348 248484 96798 4308370 2021 0 0 1 0 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THIS POLICY IS REVIEWED ANNUALLY BY BOARD MEMBERS FOR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 EXPLANATION OFR HOW OFFICERS SALARIES ARE DETERMINIED [990-7 BOX 75] FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G STAFF DEVELOPMENT & TRAINING : PROGRAM SERVICE EXPENSES 41,309. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,309. OTHER SERVICES/FEES : PROGRAM SERVICE EXPENSES 2,893. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,893. INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 18,998. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,998. PSYCHOLOGICAL SERVICES : PROGRAM SERVICE EXPENSES 73,678. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,678. SPEECH SERVICES : PROGRAM SERVICE EXPENSES 61,997. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,997. CURRICULUM DEVELOPMENT SERVICES : PROGRAM SERVICE EXPENSES 16,103. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,103. EXCEPTIONAL SERVICES CONSTRACTED SE : PROGRAM SERVICE EXPENSES 40,858. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,858. FISCAL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,605. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,605. ADMINISTRATIVE SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,750. OTHER MISC SERV : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,760. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,760. FORM 990, PART IX, LINE 24E OTHER EXPENDITURES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,689. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,689. MISC EXPENSES : PROGRAM SERVICE EXPENSES 454. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 454. MEMBERSHIP DUES & FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 400. STUDENT ACTIVITIES : PROGRAM SERVICE EXPENSES 81. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81. FORM 990, PART XI, LINE 9: ROUNDING 1. FORM 990, PART XII, LINE 2C: DESCRIBE HERE IF SELECTION OF AUDITORS OR OVERSIGHT OF AUDIT HGAS CHANGED SINCE THE PRIOR YEAR [990O-1] STANDARD WORDING: SELECTION OF THE AUDITOR AND OVERSIGHT OF THE AUDIT PROCESS - THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.