Civic Intelligence

Ewing Marion Kauffman School Inc.

990 • Fiscal year 2020 • EIN 27-1982958

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 01, 2021

6401 The Paseo BlvdKansas City, MO 64131

(816) 612-8505

Siviq Scores

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

Liabilities / Assets

55th percentile

0.28x

Higher debt load relative to assets than 55% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

30th percentile

0.13x

Higher debt load relative to revenue than 30% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

54th percentile

5.7%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$237,656

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

89th percentile

47%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

5.3%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$8,538,829

Up $2,735,776 (+47%) from 2019

Net Assets

Up

$6,164,578

Up $998,126 (+19%) from 2019

Liabilities

Up

$2,374,251

Up $1,737,650 (+273%) from 2019

Revenue

Up

$17,658,540

Up $882,821 (+5.3%) from 2019

Expenses

Up

$16,660,414

Up $666,419 (+4.2%) from 2019

Net Income

Up

$998,126

Up $216,402 (+28%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2018: $4,909,160Liabilities 2018: $524,432Net Assets 2018: $4,384,7282018Assets 2019: $5,803,053Liabilities 2019: $636,601Net Assets 2019: $5,166,4522019Assets 2020: $8,538,829Liabilities 2020: $2,374,251Net Assets 2020: $6,164,5782020Assets 2021: $12,328,924Liabilities 2021: $501,370Net Assets 2021: $11,827,5542021Assets 2022: $15,798,777Liabilities 2022: $1,087,193Net Assets 2022: $14,711,5842022Assets 2023: $16,952,642Liabilities 2023: $1,676,148Net Assets 2023: $15,276,4942023Assets 2024: $19,365,336Liabilities 2024: $1,667,997Net Assets 2024: $17,697,3392024

Highlighted filing

2020

Assets$8,538,829
Liabilities$2,374,251
Net Assets$6,164,578

Operations Trend

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

$30M$20M$10M$0Revenue 2018: $15,511,758Expenses 2018: $15,093,733Net Income 2018: $418,0252018Revenue 2019: $16,775,719Expenses 2019: $15,993,995Net Income 2019: $781,7242019Revenue 2020: $17,658,540Expenses 2020: $16,660,414Net Income 2020: $998,1262020Revenue 2021: $22,686,630Expenses 2021: $17,023,654Net Income 2021: $5,662,9762021Revenue 2022: $21,422,282Expenses 2022: $18,538,252Net Income 2022: $2,884,0302022Revenue 2023: $21,721,657Expenses 2023: $21,156,747Net Income 2023: $564,9102023Revenue 2024: $24,067,746Expenses 2024: $21,646,873Net Income 2024: $2,420,8732024

Highlighted filing

2020

Revenue$17,658,540
Expenses$16,660,414
Net Income$998,126
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 1, 2021
Return Version
2019v5.0
Gross Receipts
$17,658,540
Mission and Program Overview

Mission

The mission of the kauffman school is to prepare students to excel academically, graduate from college, and apply their unique talents in the world to create economically independent and personally fulfilling lives.

Prepare students to excel academically, graduate from college, and apply their unique talents in the world to create economically independent and personally fulfilling lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,803,715$7,110,711▲ $2,306,996
Land, Buildings, and Equipment, Net$547,425$626,367▲ $78,942
Accounts Receivable-$495,949-
Prepaid Expenses and Deferred Charges$207,934$305,802▲ $97,868
Pledges and Grants Receivable$243,979--
Total Assets$5,803,053$8,538,829▲ $2,735,776
Liabilities
Mortgage Notes Payable Secured by Investment Property-$1,871,500-
Accounts Payable and Accrued Expenses$636,601$502,751▼ $133,850
Total Liabilities$636,601$2,374,251▲ $1,737,650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,164,452$6,164,578▲ $1,000,126
Net Assets With Donor Restrictions$2,000--
Total Net Assets Fund Balance$5,166,452$6,164,578▲ $998,126
Total Liabilities and Net Assets / Fund Balance$5,803,053$8,538,829▲ $2,735,776

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$372,968$360,633$733,601
Buildings$219,779$25,054$244,833
Other Land Buildings$33,620$27,899$61,519
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hannah LofthusCEOFT$202,308$35,348$237,656
Katherine PasniewskiCOO-$154,071$42,950$197,021
Lindsey DolgePrincipal-$100,354$21,213$121,567

Board Members and Trustees

NameTitle
Aaron NorthBoard Chair
Gloria Jackson-leathersBoard Member
Joe AllenBoard Member
Maurice WatsonBoard Member
Mayra AguirreBoard Member
Tracey McferrinBoard Member
John TylerSecretary
Kristin BechardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Apple Bus CompanyTransportation230 E MAIN ST, Cleveland, MO 64734$1,162,148
American Food And Vending CorpFood Service1501 W 31ST ST, Kansas City, MO 64108$938,377
Yellow Dog NetworksIt Services9664 MARION RIDGE DRIVE, Kansas City, MO 64137$243,672
Revenue and Support

Revenue Composition

Contributions and Grants
$17,531,914
Program Service Revenue
$106,340
Investment Income
$20,286
Other Revenue
$0
All Other Contributions
$4,414,259
Change in Net Assets
$998,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,658,540
Total Revenue per Audited Statements
$17,658,540
Total Revenue per Form 990
$17,658,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,169,601
Other Expenses$6,481,494
Grants and Similar Amounts Paid$9,319
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,893,066$1,410,546-$7,303,612
Occupancy$2,132,166$29,340-$2,161,506
Other Employee Benefits$870,689$248,488-$1,119,177
Pension Plan Contributions$766,608$180,753-$947,361
Other Expenses$628,249$377,445-$628,249
Payroll Taxes$440,112$100,975-$541,087
All Other Expenses$48,850$243,150-$292,000
Current Officers, Directors, Trustees, and Key Employees$129,182$129,182-$258,364
Advertising-$159,408-$159,408
Depreciation Depletion$140,681--$140,681
Travel$89,258$12,070-$101,328
Insurance$30,424$69,539-$99,963
Fees for Services Accounting-$29,116-$29,116
Information Technology$27,358--$27,358
Grants to Domestic Individuals$9,319--$9,319
Fees for Services Legal-$9,167-$9,167
Total Functional Expenses$13,661,235$2,999,179$0$16,660,414

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,660,414
Total Expenses per Audited Statements$16,660,414
Total Expenses per Form 990$16,660,414
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 35% controlled entity
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Line 2 - business relationship among officers and directors kristin bechard, aaron north, john tyler, and gloria jackson-leathers have a business relationship in that they are employed by the same organization.

Form 990, Page 6, Part VI, Line 7A

The ewing marion kauffman foundation retains authority to appoint one or more members of the board so long as it is not a majority of the board.

Form 990, Page 6, Part VI, Line 7B

The ewing marion kauffman foundation ceo must approve certain amendments to the bylaws to the extent they affect the ewing marion kauffman foundation's rights under the bylaws.

Form 990, Page 6, Part VI, Line 11B

The organization provides a copy of the form 990 to the board chair, secretary, and treasurer for review and comment prior to finalization. All other board members are provided a copy of the final form.

Form 990, Page 6, Part VI, Line 12C

Ewing marion kauffman school consistently monitors and enforces compliance with its conflict of interest policy. The review procedures are as follows: 1. On at least an annual basis each director, officer, and key employee is provided with and asked to review the policy and to certify that they have done so. 2. Annually each director, officer, and key employee completes a disclosure form identifying any relationships, positions, or circumstances in which he or she is involved that he or she believes could contribute to a conflict of interest. Such relationships, positions, or circumstances might include service as director of or a consultant to another nonprofit organization, or ownership of a business that might provide goods or services to ewing marion kauffman school, inc. Any such information regarding the business or interests of a director, officer, or key employee, or a family member thereof, is treated as confidential and generally made available only to the chair, the secretary, and any committee appointed to address conflicts of interest, except to the extent additional disclosure is appropriate to implement the policy. 3. The policy is reviewed annually by each member of the board of directors. Any changes to the policy are communicated to all responsible persons. 4. No one with a conflict of interest is allowed to participate in decisions with which they have a conflict. Those who are making the decisions in such situations are made aware of the conflict. Appropriate documentation is maintained.

Form 990, Page 6, Part VI, Line 15A

The board and governance committee review the salary and compensation packages of the ceo and top officials as part of the overall budget review and as part of an annual review of the ceo performance.

Form 990, Page 6, Part VI, Line 15B

The organization periodically contracts an independent third party to conduct analysis of compensation packages for all positions. The board and governance committee also compare these packages to comparable market companies.

Form 990, Page 6, Part VI, Line 19

All documents required by section 1604 for public inspection are available upon request.

Filing and Contact Details

Filer

Filer Name
Ewing Marion Kauffman School Inc
EIN
27-1982958
Phone
8166128505
Address
6401 THE PASEO BLVD, KANSAS CITY, MO 64131

Signing Officer

Name
Kristin Bechard
Title
Treasurer
Phone
8166128505
Signed
2021-09-01

Organization Details

Principal Officer
Hannah Lofthus
Formed
2010
Legal Domicile
Mo
Voting Board Members
7
Independent Board Members
7
Employees
185
Volunteers
35

Preparer

Firm
Westbrook & Co Pc
Address
749 DRISKILL DR, RICHMOND, MO 64085-1608
Preparer
Rita Carpenter
Phone
8167763584
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

Client inadvertently left out compensated employees above the 100,000 threshold. Part vii has been updated to include compensated employees. In addition, revisions have been made to schedule j.

Form 990, Page 2, Part III, Line 4A

About the ewing marion kauffman school (kauffman school) opened its doors in the fall of 2011. Our first group of one hundred fifth graders was enrolled as our class of 2023, their anticipated year of college graduation. A new fifth grade class of about two hundred students is added each year. The kauffman school currently serves students in grades five through twelve. As a public charter school, the kauffman school is free and open to all students residing within the district boundaries of kansas city, missouri public schools (kcps). The kauffman school cannot and does not selectively admit students based on academic aptitude, race, ethnicity, income level, special education needs, prior school record, or almost any other personal characteristic. The kauffman school admits students until its enrollment threshold is met. If there are more applications than seats, the kauffman school uses a lottery to give every applicant an equal chance of admission. The kauffman school provides a geographical enrollment preference to students living in six very high risk and high need zip codes: 64123, 64124, 64127, 64128, 64130, and 64132. The kauffman school also provides an enrollment preference to siblings of enrolled students and children whose parents/guardians work at the school and also reside within the kcps boundaries. Mission the mission of the kauffman school is to prepare students to excel academically, graduate from college, and apply their unique talents in the world to create economically independent and personally fulfilling lives. Vision statement the kauffman school is recognized as the premiere public school in the state of missouri and as a national model for the entire public school sector.

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IRS990/Desc0ABOUT THE EWING MARION KAUFFMAN SCHOOL (KAUFFMAN SCHOOL) OPENED ITS DOORS IN THE FALL OF 2011. OUR FIRST GROUP OF ONE HUNDRED FIFTH GRADERS WAS ENROLLED AS OUR CLASS OF 2023, THEIR ANTICIPATED YEAR OF COLLEGE GRADUATION. A NEW FIFTH GRADE CLASS OF ABOUT TWO HUNDRED STUDENTS IS ADDED EACH YEAR. THE KAUFFMAN SCHOOL CURRENTLY SERVES STUDENTS IN GRADES FIVE THROUGH TWELVE. AS A PUBLIC CHARTER SCHOOL, THE KAUFFMAN SCHOOL IS FREE AND OPEN TO ALL STUDENTS RESIDING WITHIN THE DISTRICT BOUNDARIES OF KANSAS CITY, MISSOURI PUBLIC SCHOOLS (KCPS). THE KAUFFMAN SCHOOL CANNOT AND DOES NOT SELECTIVELY ADMIT STUDENTS BASED ON ACADEMIC APTITUDE, RACE, ETHNICITY, INCOME LEVEL, SPECIAL EDUCATION NEEDS, PRIOR SCHOOL RECORD, OR ALMOST ANY OTHER PERSONAL CHARACTERISTIC. THE KAUFFMAN SCHOOL ADMITS STUDENTS UNTIL ITS ENROLLMENT THRESHOLD IS MET. IF THERE ARE MORE APPLICATIONS THAN SEATS, THE KAUFFMAN SCHOOL USES A LOTTERY TO GIVE EVERY APPLICANT AN EQUAL CHANCE OF ADMISSION. THE KAUFFMAN SCHOOL PROVIDES A GEOGRAPHICAL ENROLLMENT PREFERENCE TO STUDENTS LIVING IN SIX VERY HIGH RISK AND HIGH NEED ZIP CODES: 64123, 64124, 64127, 64128, 64130, AND 64132. THE KAUFFMAN SCHOOL ALSO PROVIDES AN ENROLLMENT PREFERENCE TO SIBLINGS OF ENROLLED STUDENTS AND CHILDREN WHOSE PARENTS/GUARDIANS WORK AT THE SCHOOL AND ALSO RESIDE WITHIN THE KCPS BOUNDARIES. MISSION THE MISSION OF THE KAUFFMAN SCHOOL IS TO PREPARE STUDENTS TO EXCEL ACADEMICALLY, GRADUATE FROM COLLEGE, AND APPLY THEIR UNIQUE TALENTS IN THE WORLD TO CREATE ECONOMICALLY INDEPENDENT AND PERSONALLY FULFILLING LIVES. VISION STATEMENT THE KAUFFMAN SCHOOL IS RECOGNIZED AS THE PREMIERE PUBLIC SCHOOL IN THE STATE OF MISSOURI AND AS A NATIONAL MODEL FOR THE ENTIRE PUBLIC SCHOOL SECTOR.
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0EWING MARION KAUFFMAN SCHOOL HAS A NON-DISCRIMINATION POLICY INCLUDED ON THE SCHOOL'S WEBSITE, CONTAINED IN MATERIALS, PUBLISHED IN THE KANSAS CITY STAR IN OCTOBER 2019, AND MOST RECENTLY IN SEPTEMBER 2020.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PART I, QUESTION 6A THE ORGANIZATION RECEIVES FEDERAL AND STATE FUNDING THROUGH THE MISSOURI DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 3 - ORGANIZATION METHODS USED FOR COMPENSATION EXPLANATION THE BOARD AND GOVERNANCE COMMITTEE REVIEW THE SALARY AND COMPENSATION PACKAGES OF THE CEO AND TOP OFFICIALS AS PART OF THE OVERALL BUDGET REVIEW AND AS PART OF AN ANNUAL REVIEW OF THE CEO PERFORMANCE. THE BOARD AND GOVERNANCE COMMITTEE ALSO COMPARE THESE PACKAGES TO COMPARABLE MARKET COMPANIES. ADDITIONALLY, THE ORGANIZATION PERIODICALLY CONTRACTS AN INDEPENDENT THIRD PARTY TO CONDUCT ANALYSIS OF COMPENSATION PACKAGES FOR ALL POSITIONS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLIENT INADVERTENTLY LEFT OUT COMPENSATED EMPLOYEES ABOVE THE 100,000 THRESHOLD. PART VII HAS BEEN UPDATED TO INCLUDE COMPENSATED EMPLOYEES. IN ADDITION, REVISIONS HAVE BEEN MADE TO SCHEDULE J.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ABOUT THE EWING MARION KAUFFMAN SCHOOL (KAUFFMAN SCHOOL) OPENED ITS DOORS IN THE FALL OF 2011. OUR FIRST GROUP OF ONE HUNDRED FIFTH GRADERS WAS ENROLLED AS OUR CLASS OF 2023, THEIR ANTICIPATED YEAR OF COLLEGE GRADUATION. A NEW FIFTH GRADE CLASS OF ABOUT TWO HUNDRED STUDENTS IS ADDED EACH YEAR. THE KAUFFMAN SCHOOL CURRENTLY SERVES STUDENTS IN GRADES FIVE THROUGH TWELVE. AS A PUBLIC CHARTER SCHOOL, THE KAUFFMAN SCHOOL IS FREE AND OPEN TO ALL STUDENTS RESIDING WITHIN THE DISTRICT BOUNDARIES OF KANSAS CITY, MISSOURI PUBLIC SCHOOLS (KCPS). THE KAUFFMAN SCHOOL CANNOT AND DOES NOT SELECTIVELY ADMIT STUDENTS BASED ON ACADEMIC APTITUDE, RACE, ETHNICITY, INCOME LEVEL, SPECIAL EDUCATION NEEDS, PRIOR SCHOOL RECORD, OR ALMOST ANY OTHER PERSONAL CHARACTERISTIC. THE KAUFFMAN SCHOOL ADMITS STUDENTS UNTIL ITS ENROLLMENT THRESHOLD IS MET. IF THERE ARE MORE APPLICATIONS THAN SEATS, THE KAUFFMAN SCHOOL USES A LOTTERY TO GIVE EVERY APPLICANT AN EQUAL CHANCE OF ADMISSION. THE KAUFFMAN SCHOOL PROVIDES A GEOGRAPHICAL ENROLLMENT PREFERENCE TO STUDENTS LIVING IN SIX VERY HIGH RISK AND HIGH NEED ZIP CODES: 64123, 64124, 64127, 64128, 64130, AND 64132. THE KAUFFMAN SCHOOL ALSO PROVIDES AN ENROLLMENT PREFERENCE TO SIBLINGS OF ENROLLED STUDENTS AND CHILDREN WHOSE PARENTS/GUARDIANS WORK AT THE SCHOOL AND ALSO RESIDE WITHIN THE KCPS BOUNDARIES. MISSION THE MISSION OF THE KAUFFMAN SCHOOL IS TO PREPARE STUDENTS TO EXCEL ACADEMICALLY, GRADUATE FROM COLLEGE, AND APPLY THEIR UNIQUE TALENTS IN THE WORLD TO CREATE ECONOMICALLY INDEPENDENT AND PERSONALLY FULFILLING LIVES. VISION STATEMENT THE KAUFFMAN SCHOOL IS RECOGNIZED AS THE PREMIERE PUBLIC SCHOOL IN THE STATE OF MISSOURI AND AS A NATIONAL MODEL FOR THE ENTIRE PUBLIC SCHOOL SECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 2 - BUSINESS RELATIONSHIP AMONG OFFICERS AND DIRECTORS KRISTIN BECHARD, AARON NORTH, JOHN TYLER, AND GLORIA JACKSON-LEATHERS HAVE A BUSINESS RELATIONSHIP IN THAT THEY ARE EMPLOYED BY THE SAME ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EWING MARION KAUFFMAN FOUNDATION RETAINS AUTHORITY TO APPOINT ONE OR MORE MEMBERS OF THE BOARD SO LONG AS IT IS NOT A MAJORITY OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EWING MARION KAUFFMAN FOUNDATION CEO MUST APPROVE CERTAIN AMENDMENTS TO THE BYLAWS TO THE EXTENT THEY AFFECT THE EWING MARION KAUFFMAN FOUNDATION'S RIGHTS UNDER THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION PROVIDES A COPY OF THE FORM 990 TO THE BOARD CHAIR, SECRETARY, AND TREASURER FOR REVIEW AND COMMENT PRIOR TO FINALIZATION. ALL OTHER BOARD MEMBERS ARE PROVIDED A COPY OF THE FINAL FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EWING MARION KAUFFMAN SCHOOL CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE REVIEW PROCEDURES ARE AS FOLLOWS: 1. ON AT LEAST AN ANNUAL BASIS EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE IS PROVIDED WITH AND ASKED TO REVIEW THE POLICY AND TO CERTIFY THAT THEY HAVE DONE SO. 2. ANNUALLY EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. SUCH RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS DIRECTOR OF OR A CONSULTANT TO ANOTHER NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO EWING MARION KAUFFMAN SCHOOL, INC. ANY SUCH INFORMATION REGARDING THE BUSINESS OR INTERESTS OF A DIRECTOR, OFFICER, OR KEY EMPLOYEE, OR A FAMILY MEMBER THEREOF, IS TREATED AS CONFIDENTIAL AND GENERALLY MADE AVAILABLE ONLY TO THE CHAIR, THE SECRETARY, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS APPROPRIATE TO IMPLEMENT THE POLICY. 3. THE POLICY IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY ARE COMMUNICATED TO ALL RESPONSIBLE PERSONS. 4. NO ONE WITH A CONFLICT OF INTEREST IS ALLOWED TO PARTICIPATE IN DECISIONS WITH WHICH THEY HAVE A CONFLICT. THOSE WHO ARE MAKING THE DECISIONS IN SUCH SITUATIONS ARE MADE AWARE OF THE CONFLICT. APPROPRIATE DOCUMENTATION IS MAINTAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD AND GOVERNANCE COMMITTEE REVIEW THE SALARY AND COMPENSATION PACKAGES OF THE CEO AND TOP OFFICIALS AS PART OF THE OVERALL BUDGET REVIEW AND AS PART OF AN ANNUAL REVIEW OF THE CEO PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION PERIODICALLY CONTRACTS AN INDEPENDENT THIRD PARTY TO CONDUCT ANALYSIS OF COMPENSATION PACKAGES FOR ALL POSITIONS. THE BOARD AND GOVERNANCE COMMITTEE ALSO COMPARE THESE PACKAGES TO COMPARABLE MARKET COMPANIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ALL DOCUMENTS REQUIRED BY SECTION 1604 FOR PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B

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