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Nonprofit · EIN 31-1614343

HOUSTON GATEWAY ACADEMY INC

Tax-exempt · HOUSTON, TX 77012

Financials

$28.8M$18M2022$31.8M$21.2M2023$27.9M$21.4M2024
Revenue Expenses · by fiscal year end
Financials of HOUSTON GATEWAY ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$27,901,991$21,437,097$6,464,894$117,109,581$1,071,567$116,038,014
August 31, 2024990$31,815,348$21,163,338$10,652,010$111,577,348$1,902,562$109,674,786
August 31, 2023990$28,755,470$18,040,088$10,715,382$100,720,262$1,689,242$99,031,020
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$27,891,109
of which government grants
$27,432,344
Program service revenue
$0
Investment income
$10,882
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$659,096
Other salaries and wages
$11,585,839
Salaries, compensation and benefits (total)
$13,416,831
Professional fundraising fees
$0
Legal fees
$5,273
Accounting fees
$137,703
Occupancy
$229,923
Travel
$97,684
Depreciation
$1,133,357
Program services (functional)
$13,666,112
Management and general (functional)
$7,749,826
Fundraising (functional)
$21,159

Balance sheet and other

Total assets, start of year
$111,577,348
Total assets, end of year
$117,109,581
Total liabilities, end of year
$1,071,567
Net assets, end of year
$116,038,014
Land, buildings and equipment
$75,143,527
Publicly traded securities
$3,119,497
Net assets without donor restrictions
$7,181,413
Net assets with donor restrictions
$108,856,601
Gross receipts
$27,901,991
Employees
263
Volunteers
0
Year formed
1998
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Francisco PenningSuperintendent
Officer
60$225,400
Elizabeth McCarthyCompliance Officer
Officer
60$190,725
Tiffany WrightPrincipal
Highest-paid employee
60$141,377
Yuridia GarciaPrincipal
Highest-paid employee
40$110,403
Sheila MarshPrincipal
Highest-paid employee
40$103,122
Raul ArroyoMaintenance Manager
Highest-paid employee
40$102,993
Maria OchoaTeacher
Highest-paid employee
40$100,565
Elena PazHuman Resources
Highest-paid employee
40$100,391
Charlie MenefeeBoard Treasurer
Trustee or director
1$0
Gilbert RamonBoard Secretary
Trustee or director
1$0
Michael MedinaBoard President
Trustee or director
1$0
990 for the year ended August 31, 2024: 11 people
NameTitleHours / weekCompensation
Francisco PenningSuperintendent
Officer
60$225,400
Elizabeth McCarthyCompliance Officer
Officer
60$190,725
Tiffany WrightPrincipal
Highest-paid employee
60$141,377
Yuridia GarciaPrincipal
Highest-paid employee
40$110,403
Sheila MarshPrincipal
Highest-paid employee
40$103,122
Raul ArroyoMaintenance Manager
Highest-paid employee
40$102,993
Maria OchoaTeacher
Highest-paid employee
40$100,565
Elena PazHuman Resources
Highest-paid employee
40$100,391
Charlie MenefeeBoard Treasurer
Trustee or director
1$0
Gilbert RamonBoard Secretary
Trustee or director
1$0
Michael MedinaBoard President
Trustee or director
1$0
990 for the year ended August 31, 2023: 10 people
NameTitleHours / weekCompensation
Francisco PenningSuperintendent
Officer
60$216,615
Elizabeth McCarthyCompliance Officer
Key employee
60$180,693
Tiffany WrightPrincipal
Highest-paid employee
60$141,345
Yuridia GarciaPrincipal
Highest-paid employee
40$116,217
Sheila MarshPrincipal
Highest-paid employee
40$108,298
Maria OchoaTeacher
Highest-paid employee
40$101,451
John SmithAssistant Principal
Highest-paid employee
40$101,440
Charlie MenefeeBoard Treasurer
Trustee or director
1$0
Gilbert RamonBoard Secretary
Trustee or director
1$0
Michael MedinaBoard President
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7310 BOWIE ST, HOUSTON, TX 77012-2904
In care of
% ELIZABETH MCCARTHY
Principal officer (990 for 2024)
Elizabeth McCarthy, 7310 Bowie Street, Houston, TX 77012
Signed the 990
Elizabeth McCarthy, Program Director
Phone
(832) 649-2700
Return prepared by
YOE CPA LLC

Mission

Develop strong critical thinkers that will graduate from competitive colleges by providing character development and rigorous curriculum.

990 for the year ended August 31, 2025

Program accomplishments

  • Develop individualized curriculum for students to minimize or prevent learning disabilities.
    Expenses $13,666,112

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
31-1614343
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$117,109,581
Income (IRS master file)
$27,901,991

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$27,901,991$21,437,097$117,109,581XML
990August 2024$31,815,348$21,163,338$111,577,348XML
990August 2023$28,755,470$18,040,088$100,720,262XML
990August 2022$30,104,299$17,532,859$92,608,918IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1614343).

Questions about HOUSTON GATEWAY ACADEMY INC

What is the EIN of HOUSTON GATEWAY ACADEMY INC?
The employer identification number (EIN) of HOUSTON GATEWAY ACADEMY INC is 31-1614343.
Is HOUSTON GATEWAY ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to HOUSTON GATEWAY ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSTON GATEWAY ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOUSTON GATEWAY ACADEMY INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOUSTON GATEWAY ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of HOUSTON GATEWAY ACADEMY INC?
The 990 for the year ended August 31, 2025 names Elizabeth McCarthy.
Who are the officers and directors of HOUSTON GATEWAY ACADEMY INC?
The 990 for the year ended August 31, 2025 lists 11 people; 8 received compensation from the organization, the highest $225,400 (Francisco Penning, Superintendent).
How much revenue does HOUSTON GATEWAY ACADEMY INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $27,901,991, expenses of $21,437,097 and total assets of $117,109,581 at year end.

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