Civic Intelligence

Ki Education Foundation

990 • Fiscal year 2020 • EIN 46-2295875

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 03, 2020

Organization Profilewww.kicharter.org
120 Bert Brown StreetSan Marcos, TX 78666

(512) 396-8500

Siviq Scores

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

Liabilities / Assets

48th percentile

0.09x

Higher debt load relative to assets than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

42nd percentile

0.09x

Higher debt load relative to revenue than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

74th percentile

21%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

81st percentile

$137,841

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

76th percentile

26%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

55th percentile

3.5%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$4,811,837

Up $1,001,301 (+26%) from 2019

Net Assets

Up

$4,391,207

Up $957,448 (+28%) from 2019

Liabilities

Up

$420,630

Up $43,853 (+12%) from 2019

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin74th percentile

Revenue

Up

$4,554,673

Up $155,625 (+3.5%) from 2019

Expenses

Up

$3,597,225

Up $152,869 (+4.4%) from 2019

Net Income

Up

$957,448

Up $2,756 (+0.3%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,838,567Liabilities 2010: $359,500Net Assets 2010: $2,479,0672010Assets 2015: $35,387Liabilities 2015: $53,1432015Assets 2016: $1,017,477Liabilities 2016: $331,285Net Assets 2016: $686,1922016Assets 2017: $2,066,455Liabilities 2017: $342,121Net Assets 2017: $1,724,3342017Assets 2018: $2,838,567Liabilities 2018: $359,500Net Assets 2018: $2,479,0672018Assets 2019: $3,810,536Liabilities 2019: $376,777Net Assets 2019: $3,433,7592019Assets 2020: $4,811,837Liabilities 2020: $420,630Net Assets 2020: $4,391,2072020Assets 2021: $4,767,998Liabilities 2021: $576,014Net Assets 2021: $4,191,9842021Assets 2022: $5,317,599Liabilities 2022: $704,769Net Assets 2022: $4,612,8302022Assets 2023: $6,718,839Liabilities 2023: $897,234Net Assets 2023: $5,821,6052023Assets 2024: $7,257,123Liabilities 2024: $959,326Net Assets 2024: $6,297,7972024Assets 2025: $7,288,362Liabilities 2025: $1,126,652Net Assets 2025: $6,161,7102025

Highlighted filing

2020

Assets$4,811,837
Liabilities$420,630
Net Assets$4,391,207
Open 2020 Filing

Operations Trend

Revenue Growth55th percentile

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

$10M$5.0M$0-$5.0MRevenue 2010: $3,901,394Expenses 2010: $3,146,661Net Income 2010: $754,7332010Revenue 2015: $53,538Expenses 2015: $57,688Net Income 2015: -$4,1502015Revenue 2016: $4,046,858Expenses 2016: $3,366,310Net Income 2016: $680,5482016Revenue 2017: $4,148,467Expenses 2017: $3,110,325Net Income 2017: $1,038,1422017Revenue 2018: $3,901,394Expenses 2018: $3,146,661Net Income 2018: $754,7332018Revenue 2019: $4,399,048Expenses 2019: $3,444,356Net Income 2019: $954,6922019Revenue 2020: $4,554,673Expenses 2020: $3,597,225Net Income 2020: $957,4482020Revenue 2021: $5,805,508Expenses 2021: $6,004,731Net Income 2021: -$199,2232021Revenue 2022: $6,578,842Expenses 2022: $6,157,996Net Income 2022: $420,8462022Revenue 2023: $9,375,625Expenses 2023: $8,166,850Net Income 2023: $1,208,7752023Revenue 2024: $9,935,443Expenses 2024: $9,459,251Net Income 2024: $476,1922024Revenue 2025: $9,374,493Expenses 2025: $9,510,580Net Income 2025: -$136,0872025

Highlighted filing

2020

Revenue$4,554,673
Expenses$3,597,225
Net Income$957,448
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 3, 2020
Return Version
2019v5.0
Gross Receipts
$4,554,673
Mission and Program Overview

Mission

Dedicated to fostering student achievement, personal growth, and career readiness.

Education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,928,319$3,869,818▲ $941,499
Pledges and Grants Receivable$778,719$746,705▼ $32,014
Land, Buildings, and Equipment, Net$92,996$148,047▲ $55,051
Prepaid Expenses and Deferred Charges$9,502$47,017▲ $37,515
Accounts Receivable$1,000$250▼ $750
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,810,536$4,811,837▲ $1,001,301
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$376,777$420,630▲ $43,853
Total Liabilities$376,777$420,630▲ $43,853
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,323,193$4,245,818▲ $922,625
Net Assets Without Donor Restrictions$110,566$145,389▲ $34,823
Total Net Assets Fund Balance$3,433,759$4,391,207▲ $957,448
Total Liabilities and Net Assets / Fund Balance$3,810,536$4,811,837▲ $1,001,301

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$66,583$101,267$167,850
Leasehold Improvements$81,464$2,172$83,636
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Jerry LagerSuperintendentFT$111,863$25,978$137,841

Board Members and Trustees

NameTitle
Dr Lura DavidsonBoard President
Daniel Guerrero-resigned 819Board Member
Gabriel Pena-resigned 620Board Member
Mack WigleyBoard Member
Rosina ValleBoard Member
Toni SauncyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,515,879
Program Service Revenue
$5,934
Investment Income
$32,860
Other Revenue
$0
All Other Contributions
$12,714
Change in Net Assets
$957,448

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,554,673
Total Revenue per Audited Statements
$4,554,673
Total Revenue per Form 990
$4,554,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,998,139
Other Expenses$599,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,134,526$226,589-$2,361,115
Other Employee Benefits$425,080$37,353-$462,433
Fees for Services Other$122,951$96,728-$219,679
Current Officers, Directors, Trustees, and Key Employees-$137,841-$137,841
Payroll Taxes$33,284$3,466-$36,750
All Other Expenses$21,125$4,549-$25,674
Depreciation Depletion$24,018--$24,018
Other Expenses$4,487$16,649-$21,136
Fees for Services Accounting-$19,895-$19,895
Travel$5,850$10,872-$16,722
Fees for Services Legal-$16,370-$16,370
Insurance-$12,901-$12,901
Total Functional Expenses$2,976,456$620,769$0$3,597,225

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,597,225
Total Expenses per Audited Statements$3,597,225
Total Expenses per Form 990$3,597,225
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A complete copy of the form 990 is provided to the governing body members for their review. Additionally, management is involved in the review and approval of filings.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Compliance is monitored/enforced during the Organization's annual Governance Report.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The compensation for the Superintendant (top management official) is reviewed annually by the Board in Executive Session.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Superintendent, with the support of the COO and final approval of the Board, determines the salaries of all employees. Compensation for all employees is reviewed annually.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Those required by law to be made available to the public are posted on the Organization's website. All others are available upon request.”

Filing and Contact Details

Filer

Filer Name
ki education foundation
EIN
46-2295875
Phone
5123968500
Address
120 Bert Brown Street, San Marcos, TX 78666

Signing Officer

Name
Dr Jerry Lager
Title
Superintendent
Signed
2020-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Lura Davidson
Formed
2013
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
63
Volunteers
3

Preparer

Firm
Belt Harris Pechacek Lllp
Address
3210 BINGLE ROAD SUITE 300, HOUSTON, TX 77055
Preparer
Stephanie E Harris
Phone
7132631123
Raw XML AppendixShowing 400 of 419 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0376777
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0420630
IRS990/AccountsReceivableGrp/BOYAmt01000
IRS990/AccountsReceivableGrp/EOYAmt0250
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Education
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt012714
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04549
IRS990/AllOtherExpensesGrp/ProgramServicesAmt021125
IRS990/AllOtherExpensesGrp/TotalAmt025674
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Chris Allison
IRS990/BooksInCareOfDetail/PhoneNum05123968500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 Bert Brown Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0San Marcos
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078666
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02928319
IRS990/CashNonInterestBearingGrp/EOYAmt03869818
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0137841
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0137841
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04515879
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt032860
IRS990/CYOtherExpensesAmt0599086
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05934
IRS990/CYRevenuesLessExpensesAmt0957448
IRS990/CYSalariesCompEmpBnftPaidAmt02998139
IRS990/CYTotalExpensesAmt03597225
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04554673
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt024018
IRS990/DepreciationDepletionGrp/TotalAmt024018
IRS990/Desc0Education
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03323193
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04245818
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt063
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02976456
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019895
IRS990/FeesForServicesAccountingGrp/TotalAmt019895
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt016370
IRS990/FeesForServicesLegalGrp/TotalAmt016370
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt096728
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0122951
IRS990/FeesForServicesOtherGrp/TotalAmt0219679
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt025978
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Dr Jerry Lager
IRS990/Form990PartVIISectionAGrp/PersonNm1Rosina Valle
IRS990/Form990PartVIISectionAGrp/PersonNm2Dr Lura Davidson
IRS990/Form990PartVIISectionAGrp/PersonNm3Toni Sauncy
IRS990/Form990PartVIISectionAGrp/PersonNm4Mack Wigley
IRS990/Form990PartVIISectionAGrp/PersonNm5Gabriel Pena-resigned 620
IRS990/Form990PartVIISectionAGrp/PersonNm6Daniel Guerrero-resigned 819
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0111863
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Superintendent
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt04503165
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04554673
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt012901
IRS990/InsuranceGrp/TotalAmt012901
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt032860
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032860
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0103439
IRS990/LandBldgEquipBasisNetGrp/BOYAmt092996
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0148047
IRS990/LandBldgEquipCostOrOtherBssAmt0251486
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Education
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03433759
IRS990/NetAssetsOrFundBalancesEOYAmt04391207
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0110566
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0145389
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037353
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0425080
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0462433
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Contract Labor
IRS990/OtherExpensesGrp/Desc2Instructional Materials
IRS990/OtherExpensesGrp/Desc3Miscellenaous Expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010167
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216649
IRS990/OtherExpensesGrp/ProgramServicesAmt0134417
IRS990/OtherExpensesGrp/ProgramServicesAmt149388
IRS990/OtherExpensesGrp/ProgramServicesAmt221330
IRS990/OtherExpensesGrp/ProgramServicesAmt34487
IRS990/OtherExpensesGrp/TotalAmt0144584
IRS990/OtherExpensesGrp/TotalAmt176777
IRS990/OtherExpensesGrp/TotalAmt221330
IRS990/OtherExpensesGrp/TotalAmt321136
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0226589
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02134526
IRS990/OtherSalariesAndWagesGrp/TotalAmt02361115
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03466
IRS990/PayrollTaxesGrp/ProgramServicesAmt033284
IRS990/PayrollTaxesGrp/TotalAmt036750
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0778719
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0746705
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09502
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt047017
IRS990/PrincipalOfficerNm0Dr Lura Davidson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Local Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05934
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05934
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04368075
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt030973
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0695432
IRS990/PYRevenuesLessExpensesAmt0954692
IRS990/PYSalariesCompEmpBnftPaidAmt02748924
IRS990/PYTotalExpensesAmt03444356
IRS990/PYTotalRevenueAmt04399048
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0957448
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04521813
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt066583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0101267
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0167850
IRS990ScheduleD/ExpensesSubtotalAmt03597225
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt081464
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02172
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083636
IRS990ScheduleD/RevenueSubtotalAmt04554673
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0148047
IRS990ScheduleD/TotalExpensesPerForm990Amt03597225
IRS990ScheduleD/TotalRevenuePerForm990Amt04554673
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04554673
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03597225
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0false
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The organization's policy is published on its website.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The items referenced in questions 4b, 4c, and 4d are not applicable to the organization at this time.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2Ki Charter Academy operates as a public charter school in Texas and, as such, receives revenue from the Texas Education Agency and related state and federal agencies as entitlements and/or grants.
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
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A complete copy of the form 990 is provided to the governing body members for their review. Additionally, management is involved in the review and approval of filings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compliance is monitored/enforced during the Organization's annual Governance Report.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The compensation for the Superintendant (top management official) is reviewed annually by the Board in Executive Session.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Superintendent, with the support of the COO and final approval of the Board, determines the salaries of all employees. Compensation for all employees is reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Those required by law to be made available to the public are posted on the Organization's website. All others are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03810536
IRS990/TotalAssetsEOYAmt04811837
IRS990/TotalAssetsGrp/BOYAmt03810536
IRS990/TotalAssetsGrp/EOYAmt04811837
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04515879
IRS990/TotalEmployeeCnt063
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0620769
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02976456
IRS990/TotalFunctionalExpensesGrp/TotalAmt03597225
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0376777
IRS990/TotalLiabilitiesEOYAmt0420630
IRS990/TotalLiabilitiesGrp/BOYAmt0376777
IRS990/TotalLiabilitiesGrp/EOYAmt0420630
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03433759
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04391207
IRS990/TotalOtherCompensationAmt025978
IRS990/TotalProgramServiceExpensesAmt02976456
IRS990/TotalProgramServiceRevenueAmt05934
IRS990/TotalReportableCompFromOrgAmt0111863
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt038794
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04554673
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03810536
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04811837
IRS990/TravelGrp/ManagementAndGeneralAmt010872
IRS990/TravelGrp/ProgramServicesAmt05850
IRS990/TravelGrp/TotalAmt016722
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0120 Bert Brown Street
IRS990/USAddress/CityNm0San Marcos
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078666
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.kicharter.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dr Jerry Lager
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Superintendent
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ki education foundation
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0dba Ki Charter Academy
ReturnHeader/Filer/BusinessNameControlTxt0KIED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,811,837
Liabilities
$420,630
Net assets
$4,391,207
Revenue
$4,554,673
Expenses
$3,597,225
Net income
$957,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.29$1.13$6.16$9.37$9.51$0.14
2024Detailed filing. Detailed filing data is available for this year.$7.26$0.96$6.30$9.94$9.46$0.48
2023Detailed filing. Detailed filing data is available for this year.$6.72$0.90$5.82$9.38$8.17$1.21
2022Detailed filing. Detailed filing data is available for this year.$5.32$0.70$4.61$6.58$6.16$0.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$0.58$4.19$5.81$6.00$0.20
2020Detailed filing. Detailed filing data is available for this year.$4.81$0.42$4.39$4.55$3.60$0.96
2019Summary only. Only limited summary data is available for this year.$3.81$0.38$3.43$4.40$3.44$0.95
2018Summary only. Only limited summary data is available for this year.$2.84$0.36$2.48$3.90$3.15$0.75
2017Summary only. Only limited summary data is available for this year.$2.07$0.34$1.72$4.15$3.11$1.04
2016Summary only. Only limited summary data is available for this year.$1.02$0.33$0.69$4.05$3.37$0.68
2015Summary only. Only limited summary data is available for this year.$0.04$0.05$0.05$0.06$0.00
2010Summary only. Only limited summary data is available for this year.$2.84$0.36$2.48$3.90$3.15$0.75