Civic Intelligence

Khan Academy Inc.

990 • Fiscal year 2014 • EIN 26-1544963

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 10, 2015

Organization ProfileWWW.KHANACADEMY.ORG

View Organization Page

PO Box 1630Mountain View, CA 94042

(650) 336-5426

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.05x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

16th percentile

0.10x

Higher debt load relative to revenue than 16% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

88th percentile

43%

Higher net margin than 88% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

77th percentile

$577,586

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

94th percentile

36%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

30th percentile

-1.0%

Faster revenue growth than 30% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$60,627,140

Up $39,012,360 (+180%) from 2012

Net Assets

Up

$57,351,627

Up $37,267,672 (+186%) from 2012

Liabilities

Up

$3,275,513

Up $1,744,688 (+114%) from 2012

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin88th percentile

Revenue

$33,663,239

No earlier filing loaded for comparison.

Expenses

Up

$19,103,502

Up $11,814,320 (+162%) from 2012

Net Income

$14,559,737

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2012: $21,614,780Liabilities 2012: $1,530,825Net Assets 2012: $20,083,9552012Assets 2014: $60,627,140Liabilities 2014: $3,275,513Net Assets 2014: $57,351,6272014Assets 2015: $65,124,962Liabilities 2015: $4,001,430Net Assets 2015: $61,123,5322015Assets 2016: $84,826,844Liabilities 2016: $8,147,052Net Assets 2016: $76,679,7922016Assets 2017: $101,492,821Liabilities 2017: $9,774,478Net Assets 2017: $91,718,3432017Assets 2018: $97,940,308Liabilities 2018: $12,370,094Net Assets 2018: $85,570,2142018Assets 2019: $86,675,767Liabilities 2019: $8,822,913Net Assets 2019: $77,852,8542019Assets 2021: $115,035,528Liabilities 2021: $9,272,154Net Assets 2021: $105,763,3742021Assets 2022: $105,255,724Liabilities 2022: $11,532,697Net Assets 2022: $93,723,0272022Assets 2025: $158,656,292Liabilities 2025: $6,440,948Net Assets 2025: $152,215,3442025

Highlighted filing

2014

Assets$60,627,140
Liabilities$3,275,513
Net Assets$57,351,627
Open 2014 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MExpenses 2012: $7,289,1822012Revenue 2014: $33,663,239Expenses 2014: $19,103,502Net Income 2014: $14,559,7372014Revenue 2015: $27,945,225Expenses 2015: $24,113,592Net Income 2015: $3,831,6332015Revenue 2016: $44,823,044Expenses 2016: $29,353,552Net Income 2016: $15,469,4922016Revenue 2017: $52,809,375Expenses 2017: $37,495,508Net Income 2017: $15,313,8672017Revenue 2018: $42,742,920Expenses 2018: $48,863,733Net Income 2018: -$6,120,8132018Revenue 2019: $46,244,725Expenses 2019: $54,324,592Net Income 2019: -$8,079,8672019Revenue 2021: $59,263,743Expenses 2021: $53,879,015Net Income 2021: $5,384,7282021Revenue 2022: $53,234,817Expenses 2022: $58,157,502Net Income 2022: -$4,922,6852022Revenue 2025: $117,488,956Expenses 2025: $87,533,668Net Income 2025: $29,955,2882025

Highlighted filing

2014

Revenue$33,663,239
Expenses$19,103,502
Net Income$14,559,737
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 10, 2015
Return Version
2014v5.0
Gross Receipts
$57,033,135
Mission and Program Overview

Mission

A free world-class education for anyone, anywhere.

A free world-class education for anyone anywhere.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$23,225,014$37,467,147▲ $14,242,133
Pledges and Grants Receivable$16,905,821$19,566,866▲ $2,661,045
Investments in Publicly Traded Securities$2,339,569$0▼ $2,339,569
Cash and Non-Interest-Bearing Accounts$1,644,733$2,254,135▲ $609,402
Land, Buildings, and Equipment, Net$156,183$1,076,542▲ $920,359
Prepaid Expenses and Deferred Charges$118,573$116,234▼ $2,339
Other Notes and Loans Receivable, Net$0$100,000▲ $100,000
Accounts Receivable$46,879$36,427▼ $10,452
Inventories for Sale or Use$11,524$9,789▼ $1,735
Total Assets$44,448,296$60,627,140▲ $16,178,844
Liabilities
Deferred Revenue$1,250,000$1,250,000→ $0
Accounts Payable and Accrued Expenses$420,231$1,243,046▲ $822,815
Grants Payable-$782,467-
Total Liabilities$1,670,231$3,275,513▲ $1,605,282
Net Assets / Fund Balance
Unrestricted Net Assets$23,124,103$35,861,984▲ $12,737,881
Temporarily Rstr Net Assets$19,653,962$21,489,643▲ $1,835,681
Total Net Assets Fund Balance$42,778,065$57,351,627▲ $14,573,562
Total Liabilities and Net Assets / Fund Balance$44,448,296$60,627,140▲ $16,178,844

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$724,577$107,345$831,922
Other Land Buildings$351,965$93,398$445,363
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Salman KhanFounder & Executive DirectorFT$498,116$79,470$577,586
Shantanu SinhaPresident & COOFT$398,056$140,897$538,953
Ben KamensLead DeveloperFT$238,000$68,133$306,133
Ben KomaloSoftware EngineerFT$166,872$126,628$293,500
Minli VirdoneHead of Strategy and ProgramsFT$213,372$63,453$276,825
Jason RosoffLead DesignerFT$200,872$75,759$276,631
Monica TranLead Product ManagerFT$182,500$80,875$263,375
Michael BurdickHead of FinanceFT$211,960$36,845$248,805
John ResigSoftware EngineerFT$178,500$52,473$230,973
Benjamin EaterSoftware EngineerFT$167,000$38,472$205,472

Board Members and Trustees

NameTitle
Ann DoerrBoard Chair
Dan BentonDirector
Diane GreeneDirector
Eric SchmidtDirector
Hemant TanejaDirector
Jonathan GoldmanDirector
Larry CohenDirector
Theodore MitchellDirector (thru 4/7/2014)
Revenue and Support

Revenue Composition

Contributions and Grants
$29,695,052
Program Service Revenue
$3,969,252
Investment Income
$10,986
Other Revenue
$-12,051
All Other Contributions
$29,695,052
Change in Net Assets
$14,559,737

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$4,288,702Fair Market Value
Total Noncash Contributions8$4,288,702-

Audited Revenue Reconciliation

Revenue per Audited Statements
$33,679,190
Revenue Not Reported on Financial Statements
$-15,951
Revenue Not Reported on Form 990
$12,497,080
Other Revenue Adjustments
$-15,951
Total Revenue per Audited Statements
$46,176,270
Total Revenue per Form 990
$33,663,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,397,602
Other Expenses$6,705,900
Total Fundraising Expense$1,012,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,886,046$212,075$272,183$8,370,304
Current Officers, Directors, Trustees, and Key Employees$1,563,615$441,302$483,391$2,488,308
Information Technology$1,859,383$33,707-$1,893,090
Fees for Services Other$1,435,901$110,831$300$1,547,032
Advertising$520,009$509,654$82,117$1,111,780
Occupancy$602,987$32,888$40,123$675,998
Payroll Taxes$598,872$33,709$36,854$669,435
Office Expenses$586,926$41,032$40,644$668,602
Other Employee Benefits$557,092$21,998$15,163$594,253
Pension Plan Contributions$255,644$12,592$7,066$275,302
Travel$171,127$10,919$23,714$205,760
Depreciation Depletion-$179,047-$179,047
Conferences and Meetings$92,467$2,255$2,751$97,473
Fees for Services Legal$24,360$65,439-$89,799
Insurance$47,061$2,279$2,781$52,121
Fees for Services Accounting-$29,300-$29,300
Other Expenses$20$1,793$0$1,813
Total Functional Expenses$16,338,101$1,752,446$1,012,955$19,103,502

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,602,708
Expenses per Audited Statements$19,119,453
Total Expenses per Form 990$19,103,502
Expenses Not Reported on Form 990$12,483,255
Expenses Not Reported on Financial Statements$-15,951
Other Expense Adjustments$-15,951
International Activity

International Summary

Offices
0
Employees
7
Spending
$552,652

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgramSoftware Development07$552,652
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The taxpayer's accounting firm forwarded the form 990 to the cfo. The cfo forwarded the form 990 to the full board for their review prior to filing the form 990. Board members were encouraged to review the form 990 and to forward thir questions and/or comments to the cfo. Either the cfo or the accounting firm addressed the questions from the board. In addition, the cfo meets with the president/coo and audit committee to discuss the form 990 in detail.”

Form 990, Part VI, Section B, Line 12C

“The head of finance annually distributes conflict disclosure forms and a copy of the conflict of interest policy, which are collected and reviewed for any disclosed conflicts.”

Form 990, Part VI, Section B, Line 15

“For top management officials, the compensation committee reviews independently obtained comparable data and makes a compensation recommendation to the full board for approval.”

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 for the same period of time set forth in sec. 6104(d).”

Filing and Contact Details

Filer

Filer Name
Khan Academy Inc
EIN
26-1544963
Phone
6503365426
Address
PO BOX 1630, MOUNTAIN VIEW, CA 94042

Signing Officer

Name
Shantanu Sinha
Title
President & COO
Phone
6503365426
Signed
2015-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salman Khan
Formed
2007
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
8
Employees
114
Volunteers
875

Preparer

Firm
Hood & Strong Llp
Address
100 FIRST STREET 14TH FLOOR, SAN FRANCISCO, CA 94105
Preparer
Maga E Kisriev
Phone
4157810793
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Khan academy incubated khan lab school.”

Financial Statement Notes

PART X, LINE 2:

“The academy is a tax-exempt organization under internal revenue service code section 501(c)(3) and the california tax code. The academy provides for tax, if any, on unrelated business income. The academy's current accounting policy is to evaluate uncertain tax positions. Accordingly, a loss contingency is recognized when it is probable that a liability had been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. As of december 31, 2014 and 2013, management evaluated the academy's tax positions and concluded that the academy had maintained its tax-exempt status and had taken no uncertain tax positions that required adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. With few exceptions, the academy is subject to income tax examinations by u.s. Federal authorities for the years 2012 through 2014 and for california state authorities for the years 2011 through 2014.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Cost of goods sold netted against revenue -15,951.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Cost of goods sold netted against revenue -15,951.”

Raw XML AppendixShowing 400 of 821 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0PLATFORM DEVELOPMENT: OUR PLATFORM DEVELOPMENT TEAM FOCUSES ON BUILDING THE WEB AND MOBILE SOFTWARE THAT ALLOWS US TO OFFER STUDENTS A WORLD-CLASS PERSONALIZED LEARNING EXPERIENCE ACROSS MULTIPLE SUBJECT AREAS. BY STRENGTHENING THE PLATFORM, WE ARE ABLE TO PROVIDE STUDENTS WITH A LEARNING EXPERIENCE THAT RIVALS THAT OF A PERSONALIZED, ALWAYS-AVAILABLE TUTOR. IN 2014, WE REACHED 13 MILLION LEARNERS PER MONTH ON AVERAGE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (THRU 4/7/2014)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8FOUNDER & EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt10HEAD OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt11LEAD DEVELOPER
IRS990/Form990PartVIISectionAGrp/TitleTxt12HEAD OF STRATEGY AND PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt13LEAD DESIGNER
IRS990/Form990PartVIISectionAGrp/TitleTxt14LEAD PRODUCT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SOFTWARE ENGINEER
IRS990/Form990PartVIISectionAGrp/TitleTxt16SOFTWARE ENGINEER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SOFTWARE ENGINEER
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/LandBldgEquipCostOrOtherBssAmt01277285
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0A FREE WORLD-CLASS EDUCATION FOR ANYONE ANYWHERE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt057351627
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03006
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-12051
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-12051
IRS990/NetUnrelatedBusTxblIncmAmt0-7820
IRS990/NetUnrlzdGainsLossesInvstAmt013825
IRS990/NoncashContributionsAmt04288702
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IRS990/OccupancyGrp/FundraisingAmt040123
IRS990/OccupancyGrp/ManagementAndGeneralAmt032888
IRS990/OccupancyGrp/ProgramServicesAmt0602987
IRS990/OccupancyGrp/TotalAmt0675998
IRS990/OfficeExpensesGrp/FundraisingAmt040644
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041032
IRS990/OfficeExpensesGrp/ProgramServicesAmt0586926
IRS990/OfficeExpensesGrp/TotalAmt0668602
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt015163
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021998
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0557092
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0594253
IRS990/OtherExpensesGrp/Desc0RECRUITING
IRS990/OtherExpensesGrp/Desc1POSTAGE
IRS990/OtherExpensesGrp/Desc2SHOP EXPENSES
IRS990/OtherExpensesGrp/Desc3TAXES AND FEES
IRS990/OtherExpensesGrp/FundraisingAmt05868
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04810
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22754
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31793
IRS990/OtherExpensesGrp/ProgramServicesAmt0136553
IRS990/OtherExpensesGrp/ProgramServicesAmt138
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt320
IRS990/OtherExpensesGrp/TotalAmt0147231
IRS990/OtherExpensesGrp/TotalAmt14100
IRS990/OtherExpensesGrp/TotalAmt22754
IRS990/OtherExpensesGrp/TotalAmt31813
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0272183
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0212075
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07886046
IRS990/OtherSalariesAndWagesGrp/TotalAmt08370304
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0100000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt036854
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt033709
IRS990/PayrollTaxesGrp/ProgramServicesAmt0598872
IRS990/PayrollTaxesGrp/TotalAmt0669435
IRS990/PensionPlanContributionsGrp/FundraisingAmt07066
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012592
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0255644
IRS990/PensionPlanContributionsGrp/TotalAmt0275302
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016905821
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt019566866
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0118573
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0116234
IRS990/PrincipalOfficerNm0SALMAN KHAN
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0CONTENT LICENSING FEES
IRS990/ProgramServiceRevenueGrp/Desc1SPEAKING FEES
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03595088
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1214831
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2159333
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03595088
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1214831
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2159333
IRS990/ProgSrvcAccomActy2Grp/Desc0CONTENT CREATION AND CURATION: THE KHAN ACADEMY PLATFORM CONTAINS A ROBUST AMOUNT OF EDUCATIONAL RESOURCES. WE CONTINUE STRENGTHENING OUR MATH RESOURCES, WHILE ALSO ACCELERATING THE DEVELOPMENT OF SCIENCE AND HUMANITIES OFFERINGS, AND FORGING PARTNERSHIPS WITH EMINENT ACADEMIC AND EDUCATION INSTITUTIONS TO CREATE WORLD-CLASS CONTENT. KHAN ACADEMY'S GOAL IN THIS REALM IS TO ESTABLISH OURSELVES AS THE GO-TO PLACE FOR LEARNERS TO FIND THE MOST HELPFUL, DISCOVERABLE, CURATED CONTENT IN HIGH-PRIORITY SUBJECTS BEYOND MATH SO THEY CAN LEARN, CHECK THEIR UNDERSTANDING, AND GAIN PRACTICE WHERE NEEDED. AT THE END OF 2014, THERE WERE 7,400 VIDEOS AND 150,000 EXERCISES. TO DATE THERE HAVE BEEN 450 MILLION VIDEO VIEWS AND OVER 3 BILLION EXERCISES HAVE BEEN COMPLETED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03200395
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03200
IRS990/ProgSrvcAccomActy3Grp/Desc0ADOPTION AND AWARENESS: WE WILL CONTINUE DEVELOPING PARTNERSHIPS WITH INSTITUTIONS AROUND THE WORLD (BOTH TRADITIONAL EDUCATION INSTITUTIONS AND OTHER RELEVANT ORGANIZATIONS) TO INCREASE AWARENESS AND EXTEND THE REACH OF OUR PLATFORM. EXAMPLE PARTNERSHIPS INCLUDE COLLEGE BOARD, LEMANN FOUNDATION, CARLOS SLIM FOUNDATION. IN 2014, WE REACHED 13 MILLION LEARNERS PER MONTH ON AVERAGE WITH 70% IN THE US AND 30% INTERNATIONALLY. WE ALSO HAVE APPOXIMATELY ONE MILLION REGISTERED TEACHERS AND PARENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02588403
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INCUBATION EXPENSES FOR LAUNCHING THE KHAN LAB SCHOOL AND FISCAL SPONSOR PAYMENTS. KHAN LAB SCHOOL IS APPLYING FOR THEIR OWN EXEMPT STATUS AND KHAN ACADEMY IS ACTING AS THE TEMPORARY FISCAL SPONSOR.
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0214831
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IRS990/PYOtherExpensesAmt03201252
IRS990/PYOtherRevenueAmt014538
IRS990/PYProgramServiceRevenueAmt04390785
IRS990/PYRevenuesLessExpensesAmt022705626
IRS990/PYSalariesCompEmpBnftPaidAmt08099654
IRS990/PYTotalExpensesAmt011300906
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IRS990/PYTotalRevenueAmt034006532
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt037467147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt029695052

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,627,140
Liabilities
$3,275,513
Net assets
$57,351,627
Revenue
$33,663,239
Expenses
$19,103,502
Net income
$14,559,737
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$159$6.44$152$117$87.5$30.0
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$11.5$93.7$53.2$58.2$4.92
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$9.27$106$59.3$53.9$5.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.7$8.82$77.9$46.2$54.3$8.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$97.9$12.4$85.6$42.7$48.9$6.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$9.77$91.7$52.8$37.5$15.3
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.8$8.15$76.7$44.8$29.4$15.5
2015Detailed filing. Detailed filing data is available for this year.$65.1$4.00$61.1$27.9$24.1$3.83
2014Detailed filing. Detailed filing data is available for this year.$60.6$3.28$57.4$33.7$19.1$14.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$1.53$20.1$7.29