Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 84-4643298

GATEWAY ACADEMY

Also known as JAMES RYAN MONTGOMERY GEN PTR

Tax-exempt · GLOUCESTER, VA 23061

Financials

$1.7M$1.3M2023$1.9M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of GATEWAY ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,891,122$1,630,599$260,523$1,121,352$177,556$943,796
December 31, 2023990$1,665,137$1,341,891$323,246$911,059$227,786$683,273
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,888,038
Investment income
$0
Other revenue
$3,084

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$285,000
Other salaries and wages
$582,690
Salaries, compensation and benefits (total)
$953,668
Professional fundraising fees
$0
Legal fees
$6,250
Accounting fees
$7,704
Occupancy
$205,142
Travel
$147,076
Depreciation
$84,578
Program services (functional)
$1,599,473
Management and general (functional)
$31,126

Balance sheet and other

Total assets, start of year
$911,059
Total assets, end of year
$1,121,352
Total liabilities, end of year
$177,556
Net assets, end of year
$943,796
Land, buildings and equipment
$450,594
Gross receipts
$1,891,122
Employees
18
Year formed
2020
State of legal domicile
VA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAMES MONTGOMERYPRESIDENT
Trustee or director, Officer, Highest-paid employee
60$186,125
ASHLEY K MONTGOMERYVICE PRESIDENT
Trustee or director, Officer
50$144,875
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JAMES MONTGOMERYPRESIDENT
Trustee or director, Officer, Highest-paid employee
60$136,000
ASHLEY K MONTGOMERYVICE PRESIDENT
Trustee or director, Officer
50$95,000

Address and contacts

Address (IRS master file)
7639 CRAB THICKET RD, GLOUCESTER, VA 23061-5208
In care of
% JAMES MONTGOMERY
Principal officer (990 for 2024)
JAMES MONTGOMERY DIRECTOR, 3048 HICKORY FORK RD, GLOUCESTER, VA 23061
Signed the 990
JAMES MONTGOMERY DIRECTOR, DIRECTOR
Phone
(540) 629-0231
Return prepared by
Shaffers Accounting Service

Mission

PRIVATE DAY SCHOOL FOR CHILDREN WITH LEARNING DISABILITIES

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE A THERAPEUTIC EDUCATIONAL ENVIRONMENT FOR YOUTH WHO HAVE LEARNING DIFFICULTIES NOT EASILY ADDRESSED IN A PUBLIC SCHOOL ENVIRONMENT.
    Expenses $1,599,473 · revenue $1,888,038

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-4643298
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B28)
Assets (IRS master file)
$1,121,352
Income (IRS master file)
$1,891,122

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,891,122$1,630,599$1,121,352XML
990December 2023$1,665,137$1,341,891$911,059XML
990December 2022$1,121,386$1,027,473$399,393IRS
990December 2021–––IRS
990December 2020–––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 84-4643298).

Questions about GATEWAY ACADEMY

What is the EIN of GATEWAY ACADEMY?
The employer identification number (EIN) of GATEWAY ACADEMY is 84-4643298.
Is GATEWAY ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to GATEWAY ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GATEWAY ACADEMY 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 GATEWAY ACADEMY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GATEWAY ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GATEWAY ACADEMY?
The 990 for the year ended December 31, 2024 names JAMES MONTGOMERY DIRECTOR.
Who are the officers and directors of GATEWAY ACADEMY?
The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $186,125 (JAMES MONTGOMERY, PRESIDENT).
How much revenue does GATEWAY ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,891,122, expenses of $1,630,599 and total assets of $1,121,352 at year end.

Other nonprofits in GLOUCESTER

All nonprofits in GLOUCESTER · Virginia · Education