Civic Intelligence

Khan Academy Inc.

990 • Fiscal year 2016 • EIN 26-1544963

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 18, 2017

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

25th percentile

0.10x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.18x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

89th percentile

35%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

85th percentile

$854,382

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

93rd percentile

30%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

94th percentile

60%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$84,826,844

Up $19,701,882 (+30%) from 2015

Net Assets

Up

$76,679,792

Up $15,556,260 (+25%) from 2015

Liabilities

Up

$8,147,052

Up $4,145,622 (+104%) from 2015

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin89th percentile

Revenue

Up

$44,823,044

Up $16,877,819 (+60%) from 2015

Expenses

Up

$29,353,552

Up $5,239,960 (+22%) from 2015

Net Income

Up

$15,469,492

Up $11,637,859 (+304%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth93rd 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

2016

Assets$84,826,844
Liabilities$8,147,052
Net Assets$76,679,792
Open 2016 Filing

Operations Trend

Revenue Growth94th 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

2016

Revenue$44,823,044
Expenses$29,353,552
Net Income$15,469,492
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 18, 2017
Return Version
2016v3.0
Gross Receipts
$99,575,400
Mission and Program Overview

Mission

A free world-class education for anyone, anywhere.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$39,563,390$42,766,648▲ $3,203,258
Investments in Publicly Traded Securities$6,702,362$18,267,288▲ $11,564,926
Pledges and Grants Receivable$13,308,452$14,478,343▲ $1,169,891
Cash and Non-Interest-Bearing Accounts$2,680,897$5,947,155▲ $3,266,258
Accounts Receivable$2,056,727$2,491,878▲ $435,151
Land, Buildings, and Equipment, Net$679,712$580,653▼ $99,059
Prepaid Expenses and Deferred Charges$133,422$294,879▲ $161,457
Total Assets$65,124,962$84,826,844▲ $19,701,882
Liabilities
Deferred Revenue$1,879,452$7,007,230▲ $5,127,778
Accounts Payable and Accrued Expenses$2,121,978$1,139,822▼ $982,156
Total Liabilities$4,001,430$8,147,052▲ $4,145,622
Net Assets / Fund Balance
Unrestricted Net Assets$48,644,229$57,550,405▲ $8,906,176
Temporarily Rstr Net Assets$12,479,303$19,129,387▲ $6,650,084
Total Net Assets Fund Balance$61,123,532$76,679,792▲ $15,556,260
Total Liabilities and Net Assets / Fund Balance$65,124,962$84,826,844▲ $19,701,882

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$259,536$761,737$1,021,273
Other Land Buildings$321,117$272,393$593,510
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Salman KhanCEOFT$515,000$339,382$854,382
Jason RosoffCPOFT$283,250$132,037$415,287
Sweta SarnotCFOFT$230,000$63,937$293,937
Andrew MatsuchakLead Mobile DeveloperFT$204,682$58,133$262,815
John ResigStaff Software EngineerFT$204,970$57,400$262,370
Matthew RothenbergSoftware DeveloperFT$195,802$48,888$244,690
Elizabeth SlavittVP Direct to LearnerFT$185,400$56,951$242,351
Michael LeeEngineering ManagerFT$185,400$53,784$239,184
Benjamin EaterEngineering ManagerFT$185,400$52,637$238,037
James TynanVP Educator Strategy & OperationsFT$175,100$31,701$206,801

Board Members and Trustees

NameTitle
Ann DoerrChairman
Dan BentonDirector
Hemant TanejaDirector
Larry CohenDirector
SEAN O'SULLIVANDirector
Diane GreeneDirector (thru 01/2016)

Highest Paid Contractors

ContractorServicesLocationCompensation
Beth HarrisContent Creation633A PRESIDENT STREET, Brooklyn, NY 11215$140,350
Steven ZuckerContent Creation10 WOODBROOK ROAD, Pleasantville, NY 10570$140,350
Revenue and Support

Revenue Composition

Contributions and Grants
$36,347,249
Program Service Revenue
$8,346,429
Investment Income
$102,791
Other Revenue
$26,575
All Other Contributions
$36,347,249
Change in Net Assets
$15,469,492

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 Traded10$2,170,208Fair Market Value
Total Noncash Contributions10$2,170,208-

Audited Revenue Reconciliation

Revenue per Audited Statements
$44,823,044
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$11,525,093
Total Revenue per Audited Statements
$56,348,137
Total Revenue per Form 990
$44,823,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,682,025
Other Expenses$8,341,120
Total Fundraising Expense$1,427,673
Grants and Similar Amounts Paid$1,298,865
Professional Fundraising Fees$31,542

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,931,857$964,617$919,748$14,816,222
Information Technology$3,041,583$113,207$33,649$3,188,439
Current Officers, Directors, Trustees, and Key Employees$1,581,819$398,801$32,138$2,012,758
Fees for Services Other$1,226,004$348,209$2,708$1,576,921
Other Employee Benefits$1,129,459$138,186$64,615$1,332,260
Grants to Domestic Orgs$1,230,665--$1,230,665
Payroll Taxes$971,597$77,606$62,675$1,111,878
Occupancy$789,668$72,480$49,681$911,829
Office Expenses$710,447$56,152$125,901$892,500
Depreciation Depletion-$426,787-$426,787
Pension Plan Contributions$346,662$42,413$19,832$408,907
Travel$314,825$12,880$8,662$336,367
Advertising$200,045$635$1,090$201,770
Other Expenses$137,192$3,213$56,038$196,443
Fees for Services Legal$39,175$69,253$20$108,448
Grants to Domestic Individuals$68,200--$68,200
Insurance$53,386$4,940$3,415$61,741
Fees for Services Accounting$1,400$59,558-$60,958
All Other Expenses$56,070--$56,070
Conferences and Meetings$36,326$12,339$2,265$50,930
Fees for Services Professional Fundraising--$31,542$31,542
Total Functional Expenses$25,103,411$2,822,468$1,427,673$29,353,552

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$40,791,877
Expenses per Audited Statements$29,353,552
Total Expenses per Form 990$29,353,552
Expenses Not Reported on Form 990$11,438,325
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Khan Lab SchoolMountain View, CA501(c)(3)General Operations, Activities Associated With Center for Learning Innovation$1,205,665
DonorschooseorgNew York, NY501(c)(3)Support Students and Teachers in Under-resourced Communities of Chicago.$25,000

International Summary

Offices
1
Employees
7
Spending
$832,841

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 Development06$579,284
South AsiaProgramLocal Content and Marketing Efforts11$253,557
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$31,542
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 11B

“The taxpayer's accounting firm forwarded the form 990 to the vp of finance & strategy. The vp of finance & strategy 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 vp of finance & strategy. Either the vp of finance & strategy or the accounting firm addressed the questions from the board.”

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

“The vp of finance & strategy 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

“Compensation for ceo is evaluated by the compensation committee comprised of khan academy board members. It included an evaluation process, comparability data, both internal and external and approved by the committee.”

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
Salman Khan
Title
CEO
Phone
6503365426
Signed
2017-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salman Khan
Formed
2007
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
180
Volunteers
1,100

Preparer

Firm
Hood & Strong Llp
Address
275 BATTERY ST STE 900, SAN FRANCISCO, CA 94111
Preparer
Maga E Kisriev
Phone
4157810793
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

“We have many translators around the world who translate our website for free. We do not track the hours that they spend. Obtained estimate from a member of international team. We also have a handful of people who provide volunteer support. And finally we have our board members and global advisory board.”

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 consolidated financial statements and the amount of the loss can be reasonably estimated. As of december 31, 2016 and 2015, 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 consolidated financial statements. Therefore, no provision or liability for income taxes has been included in the consolidated financial statements.”

Raw XML AppendixShowing 400 of 938 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 2016, AN AVERAGE OF 8 MILLION LEARNERS WERE ACTIVE ON KA EACH MONTH, APPROXIMATELY 1/3 OF WHICH WERE LOCATED OUTSIDE OF THE US. MAJOR PRODUCT LAUNCHES IN 2016 INCLUDED OUR SAT AND PSAT PLATFORM AND MOBILE APPS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt639382
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt729437
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt833987
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt919871
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1017693
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1120505
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1227431
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1319553
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1419265
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1520412
IRS990/Form990PartVIISectionAGrp/PersonNm0ANN DOERR
IRS990/Form990PartVIISectionAGrp/PersonNm1LARRY COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN BENTON
IRS990/Form990PartVIISectionAGrp/PersonNm3HEMANT TANEJA
IRS990/Form990PartVIISectionAGrp/PersonNm4SEAN O'SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm5DIANE GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm6SALMAN KHAN
IRS990/Form990PartVIISectionAGrp/PersonNm7SWETA SARNOT
IRS990/Form990PartVIISectionAGrp/PersonNm8JASON ROSOFF
IRS990/Form990PartVIISectionAGrp/PersonNm9ELIZABETH SLAVITT
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES TYNAN
IRS990/Form990PartVIISectionAGrp/PersonNm11JOHN RESIG
IRS990/Form990PartVIISectionAGrp/PersonNm12ANDREW MATSUCHAK
IRS990/Form990PartVIISectionAGrp/PersonNm13MATTHEW ROTHENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm14BENJAMIN EATER
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL LEE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6815000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7264500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8381300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9222480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10189108
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11241865
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12235384
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13225137
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14218772
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15218772
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (THRU 01/2016)
IRS990/Form990PartVIISectionAGrp/TitleTxt6CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CPO
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP DIRECT TO LEARNER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP EDUCATOR STRATEGY & OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11STAFF SOFTWARE ENGINEER
IRS990/Form990PartVIISectionAGrp/TitleTxt12LEAD MOBILE DEVELOPER
IRS990/Form990PartVIISectionAGrp/TitleTxt13SOFTWARE DEVELOPER
IRS990/Form990PartVIISectionAGrp/TitleTxt14ENGINEERING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt15ENGINEERING MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt068200
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt068200
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01230665
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01230665
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt054752356
IRS990/GrossReceiptsAmt099575400
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt065
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt033649
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0113207
IRS990/InformationTechnologyGrp/ProgramServicesAmt03041583
IRS990/InformationTechnologyGrp/TotalAmt03188439
IRS990/InsuranceGrp/FundraisingAmt03415
IRS990/InsuranceGrp/ManagementAndGeneralAmt04940
IRS990/InsuranceGrp/ProgramServicesAmt053386
IRS990/InsuranceGrp/TotalAmt061741
IRS990/InvestmentIncomeGrp/ExclusionAmt0102791
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0102791
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06702362
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018267288
IRS990/IRPDocumentCnt054
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01034130
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0679712
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0580653
IRS990/LandBldgEquipCostOrOtherBssAmt01614783
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt054752356
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
IRS990/NetAssetsOrFundBalancesBOYAmt061123532
IRS990/NetAssetsOrFundBalancesEOYAmt076679792
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt086768
IRS990/NoncashContributionsAmt02170208
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt049681
IRS990/OccupancyGrp/ManagementAndGeneralAmt072480
IRS990/OccupancyGrp/ProgramServicesAmt0789668
IRS990/OccupancyGrp/TotalAmt0911829
IRS990/OfficeExpensesGrp/FundraisingAmt0125901
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt056152
IRS990/OfficeExpensesGrp/ProgramServicesAmt0710447
IRS990/OfficeExpensesGrp/TotalAmt0892500
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt064615
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0138186
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01129459
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01332260
IRS990/OtherExpensesGrp/Desc0RECRUITING EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt013694
IRS990/OtherExpensesGrp/FundraisingAmt156038
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021192
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13213
IRS990/OtherExpensesGrp/ProgramServicesAmt0237031
IRS990/OtherExpensesGrp/ProgramServicesAmt1137192
IRS990/OtherExpensesGrp/TotalAmt0271917
IRS990/OtherExpensesGrp/TotalAmt1196443
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1523000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1LOSS ON FOREIGN CURRENCY
IRS990/OtherRevenueMiscGrp/ExclusionAmt030705
IRS990/OtherRevenueMiscGrp/ExclusionAmt1-10582
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt030705
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-10582
IRS990/OtherRevenueTotalAmt020123
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0919748
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0964617
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012931857
IRS990/OtherSalariesAndWagesGrp/TotalAmt014816222
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt062675
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt077606
IRS990/PayrollTaxesGrp/ProgramServicesAmt0971597
IRS990/PayrollTaxesGrp/TotalAmt01111878
IRS990/PensionPlanContributionsGrp/FundraisingAmt019832
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt042413
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0346662
IRS990/PensionPlanContributionsGrp/TotalAmt0408907
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013308452
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt014478343
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0133422
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0294879
IRS990/PrincipalOfficerNm0SALMAN KHAN
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0519130
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/BusinessCd4541900
IRS990/ProgramServiceRevenueGrp/Desc0CONTENT LICENSING FEES
IRS990/ProgramServiceRevenueGrp/Desc1MAINTENANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc2DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3SPEAKING FEES
IRS990/ProgramServiceRevenueGrp/Desc4VIDEO COPYRIGHTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03400012
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12166667
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22000000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3749750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt430000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03400012
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12166667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22000000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3749750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt430000
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 2016, THERE WERE APPROXIMATELY 9,000 VIDEOS, 50,000 EXERCISE PROBLEMS AND 3,000 ARTICLES IN THE KHAN ACADEMY LIBRARY. DURING 2016, THERE HAD BEEN 450,000 VIDEO VIEWS AND OVER 1.7 BILLION PROBLEMS COMPLETED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04049259
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03400012
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. BY THE END OF 2016, WE ALSO HAD NEARLY 5 MILLION REGISTERED TEACHERS AND PARENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01742396
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GRANTS TO THE KHAN LAB SCHOOL TO SUPPORT OPERATIONS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01298865
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt01298865
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0779750
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt024353123
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0914600
IRS990/PYInvestmentIncomeAmt060711

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$84,826,844
Liabilities
$8,147,052
Net assets
$76,679,792
Revenue
$44,823,044
Expenses
$29,353,552
Net income
$15,469,492
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
2016Detailed filing. Detailed filing data is available for this year.$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