Civic Intelligence

Khan Lab School

990 • Fiscal year 2017 • EIN 46-5742553

Sep 01, 2016 to Aug 31, 2017 • Filed on Jun 20, 2018

Organization ProfileWWW.KHANLABSCHOOL.ORG

View Organization Page

1200 Villa Street No 100Mountain View, CA 94041

(650) 489-0071

Siviq Scores

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

Liabilities / Assets

86th percentile

0.78x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

1.13x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

26th percentile

-3.7%

Higher net margin than 26% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$284,017

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

92nd percentile

49%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

5.5%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$5,138,446

Up $1,687,600 (+49%) from 2016

Net Assets

Down

$1,118,391

Down $132,411 (-11%) from 2016

Liabilities

Up

$4,020,055

Up $1,820,011 (+83%) from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin26th percentile

Revenue

Up

$3,545,156

Up $186,010 (+5.5%) from 2016

Expenses

Up

$3,677,567

Up $1,414,551 (+63%) from 2016

Net Income

Down

-$132,411

Down $1,228,541 (-112%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$30M$20M$10M$0-$10MAssets 2015: $1,243,024Liabilities 2015: $1,271,841Net Assets 2015: -$28,8172015Assets 2016: $3,450,846Liabilities 2016: $2,200,044Net Assets 2016: $1,250,8022016Assets 2017: $5,138,446Liabilities 2017: $4,020,055Net Assets 2017: $1,118,3912017Assets 2018: $6,046,698Liabilities 2018: $4,957,172Net Assets 2018: $1,089,5262018Assets 2019: $7,213,468Liabilities 2019: $5,585,970Net Assets 2019: $1,627,4982019Assets 2020: $8,876,995Liabilities 2020: $6,997,391Net Assets 2020: $1,879,6042020Assets 2021: $10,479,478Liabilities 2021: $7,746,725Net Assets 2021: $2,732,7532021Assets 2022: $12,219,240Liabilities 2022: $8,656,512Net Assets 2022: $3,562,7282022Assets 2023: $21,548,987Liabilities 2023: $17,821,065Net Assets 2023: $3,727,9222023Assets 2024: $20,679,491Liabilities 2024: $16,205,496Net Assets 2024: $4,473,9952024

Highlighted filing

2017

Assets$5,138,446
Liabilities$4,020,055
Net Assets$1,118,391
Open 2017 Filing

Operations Trend

Revenue Growth52nd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $115,333Expenses 2015: $242,680Net Income 2015: -$127,3472015Revenue 2016: $3,359,146Expenses 2016: $2,263,016Net Income 2016: $1,096,1302016Revenue 2017: $3,545,156Expenses 2017: $3,677,567Net Income 2017: -$132,4112017Revenue 2018: $4,706,315Expenses 2018: $4,735,751Net Income 2018: -$29,4362018Revenue 2019: $5,908,401Expenses 2019: $5,370,429Net Income 2019: $537,9722019Revenue 2020: $5,734,778Expenses 2020: $5,482,672Net Income 2020: $252,1062020Revenue 2021: $7,732,906Expenses 2021: $6,879,760Net Income 2021: $853,1462021Revenue 2022: $8,924,437Expenses 2022: $8,094,462Net Income 2022: $829,9752022Revenue 2023: $9,358,436Expenses 2023: $9,437,309Net Income 2023: -$78,8732023Revenue 2024: $11,225,689Expenses 2024: $10,479,616Net Income 2024: $746,0732024

Highlighted filing

2017

Revenue$3,545,156
Expenses$3,677,567
Net Income-$132,411
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jun 20, 2018
Return Version
2016v3.0
Gross Receipts
$3,563,778
Mission and Program Overview

Mission

Khan lab school is a community of learners empowering every student to navigate their own path.

Khan lab school launched in september 2014 with 30 students, roughly ages 5-12, and during the 2016-2017 school year served 90 students through age 14. The intention is to continue to add grade levels as students age to further develop practices applicable to middle and high school environments. Khan lab school's mission is to develop fully empowered future citizens by pioneering models that put the learner at the center of the education experience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,665,956$3,298,449▲ $1,632,493
Cash and Non-Interest-Bearing Accounts$1,523,227$932,162▼ $591,065
Land, Buildings, and Equipment, Net$151,654$826,098▲ $674,444
Prepaid Expenses and Deferred Charges$43,865$35,003▼ $8,862
Total Assets$3,450,846$5,138,446▲ $1,687,600
Other Assets Total$66,144$46,734▼ $19,410
Liabilities
Deferred Revenue-$3,402,440-
Accounts Payable and Accrued Expenses$16,379$363,615▲ $347,236
Other Liabilities$2,183,665$254,000▼ $1,929,665
Total Liabilities$2,200,044$4,020,055▲ $1,820,011
Net Assets / Fund Balance
Unrestricted Net Assets$1,204,802$925,254▼ $279,548
Temporarily Rstr Net Assets$46,000$193,137▲ $147,137
Total Net Assets Fund Balance$1,250,802$1,118,391▼ $132,411
Total Liabilities and Net Assets / Fund Balance$3,450,846$5,138,446▲ $1,687,600

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$793,990$171,102$965,092
Equipment$32,108$2,398$34,506
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dominic LiechtiPresident & Executive DirectorFT$215,000$69,017$284,017
Chi-ray ChienHead of OperationsFT$110,459$18,000$128,459
Orly FriedmanSchool DirectorFT$109,338$7,101$116,439

Board Members and Trustees

NameTitle
Salman KhanChairman
Hemant TanejaDirector
Jennifer BeelerSecretary
Shantanu SinhaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Troy Domier BuildersRemodeling/leasehold Improvement & Expan828 INDEPENDENCE AVENUE, Mountain View, CA 94043$473,579
Kurani LLCArchitectural Services, Planning For Rem1415 HWY 85 N SUITE 310-381, Fayetteville, GA 30214$101,281
Revenue and Support

Revenue Composition

Contributions and Grants
$1,119,895
Program Service Revenue
$2,440,095
Investment Income
$1,180
Other Revenue
$-16,014
All Other Contributions
$924,370
Change in Net Assets
$-132,411

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded37$29,863Fair Market Value (FMV)
Total Noncash Contributions37$29,863-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,400,539
Revenue Not Reported on Financial Statements
$144,617
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$144,617
Total Revenue per Audited Statements
$3,400,539
Total Revenue per Form 990
$3,545,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,236,394
Other Expenses$1,296,556
Grants and Similar Amounts Paid$144,617
Total Fundraising Expense$80,494
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,005,345$249,641$26,722$1,281,708
Current Officers, Directors, Trustees, and Key Employees$183,291$304,266$28,267$515,824
Occupancy$430,546$43,894$3,318$477,758
Other Employee Benefits$148,990$88,304$8,566$245,860
Fees for Services Other$156,511$12,515$643$169,669
Payroll Taxes$101,160$41,698$3,766$146,624
Grants to Domestic Individuals$144,617--$144,617
Depreciation Depletion$77,839$11,089$958$89,886
Conferences and Meetings$37,112$37,019$958$75,089
Office Expenses$44,478$27,376-$71,854
Fees for Services Accounting-$66,119-$66,119
Fees for Services Legal-$63,158-$63,158
All Other Expenses$26,421$26,806$605$53,832
Pension Plan Contributions$23,492$20,707$2,179$46,378
Other Expenses$0$35,714$4,002$35,714
Insurance$11,101$3,394$328$14,823
Travel$3,370$6,926$182$10,478
Total Functional Expenses$2,521,578$1,075,495$80,494$3,677,567

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,677,567
Expenses per Audited Statements$3,532,950
Total Expenses per Audited Statements$3,532,950
Expenses Not Reported on Financial Statements$144,617
Other Expense Adjustments$144,617
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,508
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
One World Schoolhouse$195,525-$1,586-
Total Events$195,525-$18,509$-18,509
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Enrollment Refundable Deposits$254,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
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

“Salman khan (chairman) & hemant taneja (board member) are also both members of the board of directors of khan academy. Additionally, salman khan is employed by khan academy.”

Form 990, Part VI, Section A, Line 7A

“Khan academy, inc. Designates the majority of the directors of khan lab school.”

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

“Khan lab school will provide form 990 to each board member before filing with internal revenue service.”

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

“Each director and principal officer of the corporation be given annually a copy of the conflict of interest policy, as it may be amended from time to time, and that each director and principal officer of the corporation must sign the conflict of interest policy acknowledgment.”

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

“Each compensation arrangement for a compensated person will be in writing and will state the date and the terms of the approved compensation arrangement. The name of each individual who decides on or votes on a compensation arrangement for a compensated person will be recorded in writing. Each compensation arrangement for a compensated person will be based on (a) information about compensation paid by tax-exempt or taxable organizations of comparable size, purpose and resources (taking into account adjustments due to location and other specific conditions), (b) recent compensation surveys compiled by independent firms or (c) actual written offers from other tax-exempt or taxable organization of comparable size, purpose and resources (taking into account adjustments due to location and other specific conditions). All such information and its sources will be recorded in writing, and such record will be maintained by the secretary with the records of the corporation.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to public upon request.”

Filing and Contact Details

Filer

Filer Name
Khan Lab School
EIN
46-5742553
Phone
6504890071
Address
1200 VILLA STREET NO 100, MOUNTAIN VIEW, CA 94041

Signing Officer

Name
Jennifer Beeler
Title
Secretary
Phone
4152259193
Signed
2018-06-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Beeler
Formed
2014
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
32
Volunteers
40

Preparer

Firm
Squar Milner Llp
Address
135 MAIN STREET 9TH FLOOR, SAN FRANCISCO, CA 94105-1815
Preparer
Deborah Kaminski
Phone
4157812500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The audit committee selects and oversees an independent accounting firm to conduct the audit. No change in the selection method occurred this year.”

Financial Statement Notes

PART X, LINE 2:

“The school is exempt from federal and state income taxes under the internal revenue code section 501(c)(3) and california revenue and taxation code, section 23701(d). Accordingly, it has not provided for income taxes in the financial statements. Each year, management considers whether any material tax position the school has taken is more likely than not to be sustained upon examination by the applicable taxing authority. Management belives that any positions the school has taken are supported by substantial authority, and hence, do not need to be measured or disclosed in these financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Reclassification of tuition discounts from income to expense 144,617.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Reclassification of tuition discounts from income to expense 144,617.”

Raw XML AppendixShowing 400 of 581 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0KHAN LAB SCHOOL LAUNCHED IN SEPTEMBER 2014 WITH 30 STUDENTS, ROUGHLY AGES 5-12, AND DURING THE 2016-2017 SCHOOL YEAR SERVED 90 STUDENTS THROUGH AGE 14. THE INTENTION IS TO CONTINUE TO ADD GRADE LEVELS AS STUDENTS AGE TO FURTHER DEVELOP PRACTICES APPLICABLE TO MIDDLE AND HIGH SCHOOL ENVIRONMENTS. KHAN LAB SCHOOL'S MISSION IS TO DEVELOP FULLY EMPOWERED FUTURE CITIZENS BY PIONEERING MODELS THAT PUT THE LEARNER AT THE CENTER OF THE EDUCATION EXPERIENCE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT & EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5HEAD OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt6SCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0195525
IRS990/FundraisingDirectExpensesAmt018508
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt01171
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0144617
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0144617
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0144617
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01285
IRS990/GrossReceiptsAmt03563778
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt0328
IRS990/InsuranceGrp/ManagementAndGeneralAmt03394
IRS990/InsuranceGrp/ProgramServicesAmt011101
IRS990/InsuranceGrp/TotalAmt014823
IRS990/InvestmentIncomeGrp/ExclusionAmt09
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0173500
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0151654
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0826098
IRS990/LandBldgEquipCostOrOtherBssAmt0999598
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0114
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP FULLY EMPOWERED FUTURE CITIZENS BY PIONEERING MODELS THAT PUT THE LEARNER AT THE CENTER OF THE EDUCATION EXPERIENCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01250802
IRS990/NetAssetsOrFundBalancesEOYAmt01118391
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01171
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01171
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-18508
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-18508
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt029863
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03318
IRS990/OccupancyGrp/ManagementAndGeneralAmt043894
IRS990/OccupancyGrp/ProgramServicesAmt0430546
IRS990/OccupancyGrp/TotalAmt0477758
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027376
IRS990/OfficeExpensesGrp/ProgramServicesAmt044478
IRS990/OfficeExpensesGrp/TotalAmt071854
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt066144
IRS990/OtherAssetsTotalGrp/EOYAmt046734
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08566
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt088304
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0148990
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0245860
IRS990/OtherExpensesGrp/Desc0FIELD STUDY
IRS990/OtherExpensesGrp/Desc1RECRUITING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3COMMISSIONS
IRS990/OtherExpensesGrp/FundraisingAmt04002
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035830
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11039
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt235714
IRS990/OtherExpensesGrp/ProgramServicesAmt082197
IRS990/OtherExpensesGrp/ProgramServicesAmt113742
IRS990/OtherExpensesGrp/ProgramServicesAmt231366
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt082197
IRS990/OtherExpensesGrp/TotalAmt149572
IRS990/OtherExpensesGrp/TotalAmt236407
IRS990/OtherExpensesGrp/TotalAmt335714
IRS990/OtherLiabilitiesGrp/BOYAmt02183665
IRS990/OtherLiabilitiesGrp/EOYAmt0254000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02494
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02494
IRS990/OtherRevenueTotalAmt02494
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt026722
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0249641
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01005345
IRS990/OtherSalariesAndWagesGrp/TotalAmt01281708
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03766
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt041698
IRS990/PayrollTaxesGrp/ProgramServicesAmt0101160
IRS990/PayrollTaxesGrp/TotalAmt0146624
IRS990/PensionPlanContributionsGrp/FundraisingAmt02179
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020707
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023492
IRS990/PensionPlanContributionsGrp/TotalAmt046378
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043865
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035003
IRS990/PrincipalOfficerNm0JENNIFER BEELER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02262062
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1178033
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02262062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1178033
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02024480
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt042474
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0961909
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01334666
IRS990/PYRevenuesLessExpensesAmt01096130
IRS990/PYSalariesCompEmpBnftPaidAmt01258633
IRS990/PYTotalExpensesAmt02263016
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03359146
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-132411
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02442589
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt032108
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02398
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034506
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0144617
IRS990ScheduleD/ExpensesSubtotalAmt03532950
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0793990
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0171102
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0965092
IRS990ScheduleD/OtherExpensesNotIncludedAmt0144617
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0254000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ENROLLMENT REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0144617
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0144617
IRS990ScheduleD/RevenueSubtotalAmt03400539
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE, SECTION 23701(D). ACCORDINGLY, IT HAS NOT PROVIDED FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE SCHOOL HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIVES THAT ANY POSITIONS THE SCHOOL HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY, AND HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RECLASSIFICATION OF TUITION DISCOUNTS FROM INCOME TO EXPENSE 144,617.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECLASSIFICATION OF TUITION DISCOUNTS FROM INCOME TO EXPENSE 144,617.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0826098
IRS990ScheduleD/TotalExpensesPerForm990Amt03677567
IRS990ScheduleD/TotalLiabilityAmt0254000
IRS990ScheduleD/TotalRevenuePerForm990Amt03545156
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03400539
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03532950
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
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/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED IN SAN JOSE MERCURY NEWS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0195525
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0195525
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018509
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01340
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01340
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ONE WORLD SCHOOLHOUSE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010432
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010432
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0195525
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0195525
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-18509
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01586
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01586
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt05151
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05151
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0144617

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,138,446
Liabilities
$4,020,055
Net assets
$1,118,391
Revenue
$3,545,156
Expenses
$3,677,567
Net income
-$132,411
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.7$16.2$4.47$11.2$10.5$0.75
2023Detailed filing. Detailed filing data is available for this year.$21.5$17.8$3.73$9.36$9.44$0.08
2022Detailed filing. Detailed filing data is available for this year.$12.2$8.66$3.56$8.92$8.09$0.83
2021Detailed filing. Detailed filing data is available for this year.$10.5$7.75$2.73$7.73$6.88$0.85
2020Summary only. Only limited summary data is available for this year.$8.88$7.00$1.88$5.73$5.48$0.25
2019Detailed filing. Detailed filing data is available for this year.$7.21$5.59$1.63$5.91$5.37$0.54
2018Detailed filing. Detailed filing data is available for this year.$6.05$4.96$1.09$4.71$4.74$0.03
2017Detailed filing. Detailed filing data is available for this year.$5.14$4.02$1.12$3.55$3.68$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.45$2.20$1.25$3.36$2.26$1.10
2015Summary only. Only limited summary data is available for this year.$1.24$1.27$0.03$0.12$0.24$0.13