Civic Intelligence

The Koan School

EIN 46-1694085 • 501(c)3 • Denton, TX

Profile

all lawful activities

PO Box 2961Denton, TX 76202

www.koanschool.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.82x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.35x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

34th percentile

-1.7%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-3.6%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,793,883

Down $67,563 (-3.6%) from 2023

Liabilities

Down

$1,473,242

Down $48,572 (-3.2%) from 2023

Net Assets

Down

$320,641

Down $18,991 (-5.6%) from 2023

Revenue

Up

$1,094,238

Up $121,795 (+13%) from 2023

Expenses

Up

$1,113,229

Up $183,241 (+20%) from 2023

Net Income

Down

-$18,991

Down $61,446 (-145%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2013: $2,331Liabilities 2013: $02013Assets 2014: $16,932Liabilities 2014: $0Net Assets 2014: $16,9322014Assets 2015: $14,242Liabilities 2015: $36,932Net Assets 2015: -$22,6902015Assets 2016: $160,559Liabilities 2016: $80,338Net Assets 2016: $80,2212016Assets 2017: $643,425Liabilities 2017: $561,926Net Assets 2017: $81,4992017Assets 2018: $662,031Liabilities 2018: $585,776Net Assets 2018: $76,2552018Assets 2019: $682,309Liabilities 2019: $564,743Net Assets 2019: $117,5662019Assets 2020: $644,920Liabilities 2020: $507,150Net Assets 2020: $137,7702020Assets 2021: $749,055Liabilities 2021: $504,529Net Assets 2021: $244,5262021Assets 2022: $861,429Liabilities 2022: $564,252Net Assets 2022: $297,1772022Assets 2023: $1,861,446Liabilities 2023: $1,521,814Net Assets 2023: $339,6322023Assets 2024: $1,793,883Liabilities 2024: $1,473,242Net Assets 2024: $320,6412024

Highlighted filing

2024

Assets$1,793,883
Liabilities$1,473,242
Net Assets$320,641

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $17,443Expenses 2013: $15,112Net Income 2013: $2,3312013Revenue 2014: $122,506Expenses 2014: $107,905Net Income 2014: $14,6012014Revenue 2015: $250,276Expenses 2015: $276,840Net Income 2015: -$26,5642015Revenue 2016: $455,383Expenses 2016: $355,958Net Income 2016: $99,4252016Revenue 2017: $361,623Expenses 2017: $360,345Net Income 2017: $1,2782017Revenue 2018: $446,869Expenses 2018: $452,113Net Income 2018: -$5,2442018Revenue 2019: $556,343Expenses 2019: $515,032Net Income 2019: $41,3112019Revenue 2020: $582,655Expenses 2020: $562,451Net Income 2020: $20,2042020Revenue 2021: $478,970Expenses 2021: $372,214Net Income 2021: $106,7562021Revenue 2022: $664,569Expenses 2022: $611,918Net Income 2022: $52,6512022Revenue 2023: $972,443Expenses 2023: $929,988Net Income 2023: $42,4552023Revenue 2024: $1,094,238Expenses 2024: $1,113,229Net Income 2024: -$18,9912024

Highlighted filing

2024

Revenue$1,094,238
Expenses$1,113,229
Net Income-$18,991

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$1.47$0.32$1.09$1.11$0.02
2023Summary only. Only limited summary data is available for this year.$1.86$1.52$0.34$0.97$0.93$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.56$0.30$0.66$0.61$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.50$0.24$0.48$0.37$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.51$0.14$0.58$0.56$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.56$0.12$0.56$0.52$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.59$0.08$0.45$0.45$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.56$0.08$0.36$0.36$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.16$0.08$0.08$0.46$0.36$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.04$0.02$0.25$0.28$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.12$0.11$0.01
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.02$0.02$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jun 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,094,238
Mission and Program Overview

Mission

To provide a low-cost alternative for private education while keeping class sizes small enough to accommodate the diverse interests and skills of young learners in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$567,547$1,621,677▲ $1,054,130
Rtn Earn Endowment Incm Other Fnds$339,632$320,641▼ $18,991
Cash and Non-Interest-Bearing Accounts$164,281$143,268▼ $21,013
Intangible Assets$29,852$28,656▼ $1,196
Other Notes and Loans Receivable, Net$276$282▲ $6
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,861,446$1,793,883▼ $67,563
Other Assets Total$1,099,490$0▼ $1,099,490
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,511,201$1,462,488▼ $48,713
Accounts Payable and Accrued Expenses$10,613$10,754▲ $141
Total Liabilities$1,521,814$1,473,242▼ $48,572
Net Assets / Fund Balance
Total Net Assets Fund Balance$339,632$320,641▼ $18,991
Total Liabilities and Net Assets / Fund Balance$1,861,446$1,793,883▼ $67,563

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,423,814$147,837$1,571,651
Land$189,353-$189,353
Equipment$8,510$34,516$43,026
Other Land Buildings-$11,231$11,231
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Greg GullionHead of SchoolFT$51,733$51,733

Board Members and Trustees

NameTitle
Michael ZajchowskiPresident
Elizabeth GrahamDirector
Patrick McLeodDirector
George NassarSecretary
Angela WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$34,233
Program Service Revenue
$1,055,031
Investment Income
$0
Other Revenue
$4,974
All Other Contributions
$34,233
Change in Net Assets
$-18,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$856,211
Other Expenses$257,018
Total Fundraising Expense$530
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$725,590--$725,590
Interest$64,071$5,563-$69,634
Payroll Taxes$62,530$1,965-$64,495
Current Officers, Directors, Trustees, and Key Employees$28,871$28,871-$57,742
Occupancy$45,213$3,930-$49,143
Depreciation Depletion$42,932$3,624-$46,556
Insurance$22,658$1,967-$24,625
Other Employee Benefits$8,129$255-$8,384
Office Expenses$4,151$4,151-$8,302
Fees for Services Accounting-$7,038-$7,038
Other Expenses$3,598--$3,598
All Other Expenses$1,262-$530$1,792
Fees for Services Other$1,700--$1,700
Advertising-$770-$770
Fees for Services Legal$250--$250
Total Functional Expenses$1,054,565$58,134$530$1,113,229
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Copies of the Form 990 were provided to all of the Directors for their review and all issues or questions were resolved before the Form 990 was filed with the Internal Revenue Service.

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

Board members are required to sign the conflict of interest policy annually.

Form 990, Part VI, Section B, Line 15A

Board members establish and review salaries of employees annually.

Form 990, Part VI, Section B, Line 15B

Board members establish and review salaries of employees annually.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Koan School
EIN
46-1694085
Phone
9407835566
Address
PO Box 2961, Denton, TX 76202

Signing Officer

Name
Greg Gullion
Title
Executive Director
Signed
2025-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Gullion
Formed
2012
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
29
Volunteers
12

Preparer

Firm
Anderson Spector & Co PC
Address
222 E McKinney Ste 100, Denton, TX 76201
Preparer
Steffanee Moynagh CPA
Phone
9405660512
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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/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02774
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02774
IRS990/OtherRevenueTotalAmt02774
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0725590
IRS990/OtherSalariesAndWagesGrp/TotalAmt0725590
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0276
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0282
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01965
IRS990/PayrollTaxesGrp/ProgramServicesAmt062530
IRS990/PayrollTaxesGrp/TotalAmt064495
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Greg Gullion
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01055031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01055031
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt015406
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0207603
IRS990/PYOtherRevenueAmt06000
IRS990/PYProgramServiceRevenueAmt0951037
IRS990/PYRevenuesLessExpensesAmt042455
IRS990/PYSalariesCompEmpBnftPaidAmt0722385
IRS990/PYTotalExpensesAmt0929988
IRS990/PYTotalRevenueAmt0972443
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-18991
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02200
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01060005
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0339632
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0320641
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01423814
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0147837
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01571651
IRS990ScheduleD/EquipmentGrp/BookValueAmt08510
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034516
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043026
IRS990ScheduleD/LandGrp/BookValueAmt0189353
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0189353
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011231
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011231
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01621677
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The Koan School publicizes its racial nondiscrimination policy prominently on their website and on their application during its period of solicitation for students. The Koan School chooses this method of communication as they feel the website reaches all segments of the general community that the school serves rather than the traditional newspaper or broadcast media which has a more limited audience.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copies of the Form 990 were provided to all of the Directors for their review and all issues or questions were resolved before the Form 990 was filed with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to sign the conflict of interest policy annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members establish and review salaries of employees annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board members establish and review salaries of employees annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01861446
IRS990/TotalAssetsEOYAmt01793883
IRS990/TotalAssetsGrp/BOYAmt01861446
IRS990/TotalAssetsGrp/EOYAmt01793883
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt034233
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0530
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt058134
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01054565
IRS990/TotalFunctionalExpensesGrp/TotalAmt01113229
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01521814
IRS990/TotalLiabilitiesEOYAmt01473242
IRS990/TotalLiabilitiesGrp/BOYAmt01521814
IRS990/TotalLiabilitiesGrp/EOYAmt01473242
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0339632
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0320641
IRS990/TotalProgramServiceExpensesAmt01054565
IRS990/TotalProgramServiceRevenueAmt01055031
IRS990/TotalReportableCompFromOrgAmt051733
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01060005
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01094238
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01861446
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01793883
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 2961
IRS990/USAddress/CityNm0Denton
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076202
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.KOANSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Greg Gullion
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.

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