Civic Intelligence

Knowledge Enlightens You

990 • Fiscal year 2016 • EIN 45-4849239

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 23, 2017

PO Box 547Sunol, CA 94586

(510) 543-4124

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.59x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.19x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

56th percentile

4.1%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

93rd percentile

61%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

116%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,572,587

Up $597,019 (+61%) from 2015

Net Assets

Up

$636,951

Up $203,233 (+47%) from 2015

Liabilities

Up

$935,636

Up $393,786 (+73%) from 2015

Revenue

Up

$4,938,646

Up $2,648,522 (+116%) from 2015

Expenses

Up

$4,735,413

Up $2,692,831 (+132%) from 2015

Net Income

Down

$203,233

Down $44,309 (-18%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $607,400Liabilities 2014: $421,224Net Assets 2014: $186,1762014Assets 2015: $975,568Liabilities 2015: $541,850Net Assets 2015: $433,7182015Assets 2016: $1,572,587Liabilities 2016: $935,636Net Assets 2016: $636,9512016Assets 2017: $1,776,524Liabilities 2017: $926,880Net Assets 2017: $849,6442017Assets 2018: $1,741,879Liabilities 2018: $848,234Net Assets 2018: $893,6452018Assets 2019: $1,756,047Liabilities 2019: $898,401Net Assets 2019: $857,6462019Assets 2020: $2,595,182Liabilities 2020: $1,688,171Net Assets 2020: $907,0112020Assets 2021: $3,057,877Liabilities 2021: $1,315,459Net Assets 2021: $1,742,4182021Assets 2022: $3,261,193Liabilities 2022: $1,474,205Net Assets 2022: $1,786,9882022Assets 2023: $5,078,848Liabilities 2023: $3,155,966Net Assets 2023: $1,922,8822023

Highlighted filing

2016

Assets$1,572,587
Liabilities$935,636
Net Assets$636,951

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $1,465,961Expenses 2014: $1,279,785Net Income 2014: $186,1762014Revenue 2015: $2,290,124Expenses 2015: $2,042,582Net Income 2015: $247,5422015Revenue 2016: $4,938,646Expenses 2016: $4,735,413Net Income 2016: $203,2332016Revenue 2017: $5,498,639Expenses 2017: $5,285,946Net Income 2017: $212,6932017Revenue 2018: $5,963,159Expenses 2018: $5,919,159Net Income 2018: $44,0002018Revenue 2019: $6,372,037Expenses 2019: $6,408,036Net Income 2019: -$35,9992019Revenue 2020: $6,577,242Expenses 2020: $6,527,877Net Income 2020: $49,3652020Revenue 2021: $8,044,453Expenses 2021: $7,209,045Net Income 2021: $835,4082021Revenue 2022: $7,265,372Expenses 2022: $7,220,802Net Income 2022: $44,5702022Revenue 2023: $9,015,854Expenses 2023: $8,879,960Net Income 2023: $135,8942023

Highlighted filing

2016

Revenue$4,938,646
Expenses$4,735,413
Net Income$203,233
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 23, 2017
Return Version
2015v3.0
Gross Receipts
$4,938,646
Mission and Program Overview

Mission

Key academy's mission is to promote academic excellence, equip students with foreign languages that enhance their cognitive skills, bridge cultural groups, and instill compassion and responsibility as a productive citizen.

To promote academic excellence, equip students with foreign languages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$530,317$986,280▲ $455,963
Cash and Non-Interest-Bearing Accounts$413,576$566,362▲ $152,786
Land, Buildings, and Equipment, Net$27,424$19,945▼ $7,479
Prepaid Expenses and Deferred Charges$4,251--
Total Assets$975,568$1,572,587▲ $597,019
Liabilities
Accounts Payable and Accrued Expenses$441,370$935,628▲ $494,258
Deferred Revenue$480--
Mortgage Notes Payable Secured by Investment Property$100,000$8▼ $99,992
Total Liabilities$541,850$935,636▲ $393,786
Net Assets / Fund Balance
Unrestricted Net Assets$433,718$636,951▲ $203,233
Total Net Assets Fund Balance$433,718$636,951▲ $203,233
Total Liabilities and Net Assets / Fund Balance$975,568$1,572,587▲ $597,019

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,945$17,451$37,396
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Krista KastriotisExecutive DirectorFT$119,887$119,887

Board Members and Trustees

NameTitle
Linda MohammedPresident
Sufian Al KhalidiVice President
Anthony VuBoard Member
Sarah SainSecretary
Kevin SymesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Edtec INCBack Office Support1410 62ND STREET, Emeryville, CA 94608$127,012
Houghton Mifflin Harcourt Publishing ComPublishing14046 COLLECTIONS CENTER DRIVE, Chicago, IL 60693$121,286
Revenue and Support

Revenue Composition

Contributions and Grants
$4,938,646
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$28,954
Change in Net Assets
$203,233

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,938,646
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,938,646
Total Revenue per Form 990
$4,938,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,975,997
Other Expenses$1,759,416
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,162,915$229,707-$2,392,622
Other Employee Benefits$434,783$28,705-$463,488
Other Expenses$275,047$122,240-$122,240
Current Officers, Directors, Trustees, and Key Employees$119,887--$119,887
All Other Expenses$9,725$45,027-$54,752
Travel$21,974--$21,974
Depreciation Depletion-$7,479-$7,479
Total Functional Expenses$3,779,406$956,007$0$4,735,413

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,735,413
Total Expenses per Audited Statements$4,735,413
Total Expenses per Form 990$4,735,413
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 A, Line 2

A member of the governing board is related to the executive director.

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is provided by the cpa firm to the executive director for review, who in turn allows the board to review the form 990 prior to filing.

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

Each designated employee shall file a statement of economic interest - form 700, with the secretary of the corporation, which will make the statements available for public inspection and reporduction. Upon receipt of the statements of the designated employees, the secretary shall retain the originals of these statements.

Form 990, Part VI, Section B, Line 15

Compensation is determiend by the board of directors at a board meeting using data from other charter shcools, and surrounding salary scales of job positions that were comparable, as well as the school's budget.

Form 990, Part VI, Section C, Line 19

All documents are available for public review at the school site and at public meetings.

Filing and Contact Details

Filer

Filer Name
Knowledge Enlightens You
EIN
45-4849239
Phone
5105434124
Address
PO BOX 547, SUNOL, CA 94586

Signing Officer

Name
Krista Kastriotis
Title
Executive Director
Phone
5105434124
Signed
2017-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Hohammed
Formed
2012
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
63
Volunteers
8

Preparer

Firm
Squar Milner Llp
Address
11717 BERNARDO PLAZA COURT SUITE, 215, SAN DIEGO, CA 92128
Preparer
James a Rotherham CPA
Phone
8584875751
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process had not changed.

Raw XML Appendix377 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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IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS AND ENROLLMENT MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A FREE PUBLIC CHARTER SHCOOL AND SCHOLARSHIPS ARE NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A MEMBER OF THE GOVERNING BOARD IS RELATED TO THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED BY THE CPA FIRM TO THE EXECUTIVE DIRECTOR FOR REVIEW, WHO IN TURN ALLOWS THE BOARD TO REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DESIGNATED EMPLOYEE SHALL FILE A STATEMENT OF ECONOMIC INTEREST - FORM 700, WITH THE SECRETARY OF THE CORPORATION, WHICH WILL MAKE THE STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AND REPORDUCTION. UPON RECEIPT OF THE STATEMENTS OF THE DESIGNATED EMPLOYEES, THE SECRETARY SHALL RETAIN THE ORIGINALS OF THESE STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMIEND BY THE BOARD OF DIRECTORS AT A BOARD MEETING USING DATA FROM OTHER CHARTER SHCOOLS, AND SURROUNDING SALARY SCALES OF JOB POSITIONS THAT WERE COMPARABLE, AS WELL AS THE SCHOOL'S BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW AT THE SCHOOL SITE AND AT PUBLIC MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAD NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0975568
IRS990/TotalAssetsEOYAmt01572587
IRS990/TotalAssetsGrp/BOYAmt0975568
IRS990/TotalAssetsGrp/EOYAmt01572587
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04938646
IRS990/TotalEmployeeCnt063
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0956007
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03779406
IRS990/TotalFunctionalExpensesGrp/TotalAmt04735413
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0541850
IRS990/TotalLiabilitiesEOYAmt0935636
IRS990/TotalLiabilitiesGrp/BOYAmt0541850
IRS990/TotalLiabilitiesGrp/EOYAmt0935636
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0433718
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0636951
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03779406
IRS990/TotalReportableCompFromOrgAmt0119887
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04938646
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0975568
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01572587
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt021974
IRS990/TravelGrp/TotalAmt021974
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0433718
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0636951
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 547
IRS990/USAddress/CityNm0SUNOL
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094586
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.KEYACADEMYCHARTER.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTA KASTRIOTIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05105434124
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KNOWLEDGE ENLIGHTENS YOU
ReturnHeader/Filer/BusinessNameControlTxt0KNOW
ReturnHeader/Filer/EIN0454849239
ReturnHeader/Filer/PhoneNum05105434124
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 547
ReturnHeader/Filer/USAddress/CityNm0SUNOL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094586
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330835986
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SQUAR MILNER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011717 BERNARDO PLAZA COURT SUITE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0215
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN DIEGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092128
ReturnHeader/PreparerPersonGrp/PhoneNum08584875751
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES A ROTHERHAM CPA
ReturnHeader/ReturnTs02017-01-23T10:43:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$5.08$3.16$1.92$9.02$8.88$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$1.47$1.79$7.27$7.22$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$1.32$1.74$8.04$7.21$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$1.69$0.91$6.58$6.53$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.90$0.86$6.37$6.41$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.85$0.89$5.96$5.92$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.93$0.85$5.50$5.29$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.94$0.64$4.94$4.74$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.54$0.43$2.29$2.04$0.25
2014Summary only. Only limited summary data is available for this year.$0.61$0.42$0.19$1.47$1.28$0.19
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits