Civic Intelligence

Khan Lab School

990 • Fiscal year 2018 • EIN 46-5742553

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 02, 2019

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

87th percentile

0.82x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

1.05x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

35th percentile

-0.6%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

97th percentile

$779,557

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

82nd percentile

18%

Faster asset growth than 82% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

33%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$6,046,698

Up $908,252 (+18%) from 2017

Net Assets

Down

$1,089,526

Down $28,865 (-2.6%) from 2017

Liabilities

Up

$4,957,172

Up $937,117 (+23%) from 2017

Revenue

Up

$4,706,315

Up $1,161,159 (+33%) from 2017

Expenses

Up

$4,735,751

Up $1,058,184 (+29%) from 2017

Net Income

Up

-$29,436

Up $102,975 (+78%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$6,046,698
Liabilities$4,957,172
Net Assets$1,089,526

Operations Trend

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

2018

Revenue$4,706,315
Expenses$4,735,751
Net Income-$29,436
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 2, 2019
Return Version
2017v2.3
Gross Receipts
$4,757,621
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$3,298,449$4,353,668▲ $1,055,219
Land, Buildings, and Equipment, Net$826,098$1,028,847▲ $202,749
Cash and Non-Interest-Bearing Accounts$932,162$467,032▼ $465,130
Prepaid Expenses and Deferred Charges$35,003$150,269▲ $115,266
Total Assets$5,138,446$6,046,698▲ $908,252
Other Assets Total$46,734$46,882▲ $148
Liabilities
Deferred Revenue$3,402,440$4,520,071▲ $1,117,631
Other Liabilities$254,000$332,000▲ $78,000
Accounts Payable and Accrued Expenses$363,615$105,101▼ $258,514
Total Liabilities$4,020,055$4,957,172▲ $937,117
Net Assets / Fund Balance
Unrestricted Net Assets$925,254$1,058,316▲ $133,062
Temporarily Rstr Net Assets$193,137$31,210▼ $161,927
Total Net Assets Fund Balance$1,118,391$1,089,526▼ $28,865
Total Liabilities and Net Assets / Fund Balance$5,138,446$6,046,698▲ $908,252

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$997,195$362,661$1,359,856
Equipment$31,652$10,674$42,326
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dominic Liechti Until 32118President & Executive DirectorFT$129,732$34,645$164,377
Orly FriedmanSchool DirectorFT$128,976$8,448$137,424
Chi-ray ChienHead of OperationsFT$117,078$3,977$121,055

Board Members and Trustees

NameTitle
Salman KhanChairman
Hemant TanejaDirector
Rachel E Skiffer as of 5518Head of School
Jennifer BeelerSecretary
Shantanu SinhaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Troy Domier BuildersRemodeling/space Expansion828 INDEPENDENCE AVENUE, Mountain View, CA 94043$154,933
Revenue and Support

Revenue Composition

Contributions and Grants
$507,442
Program Service Revenue
$4,217,317
Investment Income
$1,038
Other Revenue
$-19,482
All Other Contributions
$147,219
Change in Net Assets
$-29,436

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 Traded663$27,142Fair Market Value (FMV)
Total Noncash Contributions663$27,142-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,498,130
Revenue Not Reported on Financial Statements
$208,185
Revenue Not Reported on Form 990
$571
Other Revenue Adjustments
$208,185
Total Revenue per Audited Statements
$4,498,701
Total Revenue per Form 990
$4,706,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,668,974
Other Expenses$1,858,592
Grants and Similar Amounts Paid$208,185
Total Fundraising Expense$89,269
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,509,569$505,809$35,893$2,051,271
Occupancy$513,496$197,374$16,554$727,424
Other Employee Benefits$171,813$62,991$5,771$240,575
Grants to Domestic Individuals$208,185--$208,185
Depreciation Depletion$141,883$53,956$3,996$199,835
Payroll Taxes$128,399$48,776$4,204$181,379
Current Officers, Directors, Trustees, and Key Employees$52,280$82,154$14,937$149,371
Office Expenses$104,704$44,032$339$149,075
Fees for Services Other$44,651$34,331$998$79,980
All Other Expenses$60,904$2,851$4,219$67,974
Fees for Services Accounting-$62,717-$62,717
Other Expenses$167,659$52,247-$52,247
Conferences and Meetings$30,342$21,247$613$52,202
Pension Plan Contributions$33,122$12,143$1,113$46,378
Insurance$16,807$6,266$567$23,640
Advertising$3,466$12,064-$15,530
Travel$2,606$11,761$65$14,432
Fees for Services Legal-$7,900-$7,900
Total Functional Expenses$3,366,787$1,279,695$89,269$4,735,751

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,735,751
Expenses per Audited Statements$4,527,566
Total Expenses per Audited Statements$4,527,566
Expenses Not Reported on Financial Statements$208,185
Other Expense Adjustments$208,185
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$25,191
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Khan Lab School Auction$195,723-$1,058-
Total Events$195,723-$25,191$-25,191
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$332,000
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 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. In the situation where there is a conflict of interest, the interested person shall leave the board meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.

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, 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
Rachel E Skiffer
Title
Head of School
Phone
4152259193
Signed
2019-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel E Skiffer
Formed
2014
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
3
Employees
31
Volunteers
40

Preparer

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

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 208,185.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Reclassification of tuition discounts from income to expense 208,185.

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IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0195723
IRS990/FundraisingDirectExpensesAmt025191
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt01027
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0208185
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0208185
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0208185
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt027142
IRS990/GrossReceiptsAmt04757621
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0567
IRS990/InsuranceGrp/ManagementAndGeneralAmt06266
IRS990/InsuranceGrp/ProgramServicesAmt016807
IRS990/InsuranceGrp/TotalAmt023640
IRS990/InvestmentIncomeGrp/ExclusionAmt011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0373335
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0826098
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01028847
IRS990/LandBldgEquipCostOrOtherBssAmt01402182
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt026115
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/NetAssetsOrFundBalancesBOYAmt01118391
IRS990/NetAssetsOrFundBalancesEOYAmt01089526
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01027
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01027
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-25191
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-25191
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0571
IRS990/NoncashContributionsAmt027142
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt016554
IRS990/OccupancyGrp/ManagementAndGeneralAmt0197374
IRS990/OccupancyGrp/ProgramServicesAmt0513496
IRS990/OccupancyGrp/TotalAmt0727424
IRS990/OfficeExpensesGrp/FundraisingAmt0339
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt044032
IRS990/OfficeExpensesGrp/ProgramServicesAmt0104704
IRS990/OfficeExpensesGrp/TotalAmt0149075
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt046734
IRS990/OtherAssetsTotalGrp/EOYAmt046882
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05771
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt062991
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0171813
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0240575
IRS990/OtherExpensesGrp/Desc0EXTERNAL PROGRAM ENRICH
IRS990/OtherExpensesGrp/Desc1FIELD STUDY
IRS990/OtherExpensesGrp/Desc2COMMISSIONS
IRS990/OtherExpensesGrp/Desc3RECRUITING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt061076
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt152247
IRS990/OtherExpensesGrp/ProgramServicesAmt0176901
IRS990/OtherExpensesGrp/ProgramServicesAmt1167659
IRS990/OtherExpensesGrp/TotalAmt0176901
IRS990/OtherExpensesGrp/TotalAmt1167659
IRS990/OtherExpensesGrp/TotalAmt261076
IRS990/OtherExpensesGrp/TotalAmt352247
IRS990/OtherLiabilitiesGrp/BOYAmt0254000
IRS990/OtherLiabilitiesGrp/EOYAmt0332000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt05709
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05709
IRS990/OtherRevenueTotalAmt05709
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt035893
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0505809
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01509569
IRS990/OtherSalariesAndWagesGrp/TotalAmt02051271
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04204
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt048776
IRS990/PayrollTaxesGrp/ProgramServicesAmt0128399
IRS990/PayrollTaxesGrp/TotalAmt0181379
IRS990/PensionPlanContributionsGrp/FundraisingAmt01113
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012143
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt033122
IRS990/PensionPlanContributionsGrp/TotalAmt046378
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035003
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0150269
IRS990/PrincipalOfficerNm0RACHEL E SKIFFER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03944403
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1272914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03944403
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1272914
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01119895
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0144617
IRS990/PYInvestmentIncomeAmt01180
IRS990/PYOtherExpensesAmt01296556
IRS990/PYOtherRevenueAmt0-16014
IRS990/PYProgramServiceRevenueAmt02440095
IRS990/PYRevenuesLessExpensesAmt0-132411
IRS990/PYSalariesCompEmpBnftPaidAmt02236394
IRS990/PYTotalExpensesAmt03677567
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03545156
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-29436
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0164500
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04217317
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt031652
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010674
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042326
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0208185
IRS990ScheduleD/ExpensesSubtotalAmt04527566
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0997195
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0362661
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01359856
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0571
IRS990ScheduleD/OtherExpensesNotIncludedAmt0208185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0332000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ENROLLMENT REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0208185
IRS990ScheduleD/RevenueNotReportedAmt0571
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0208185
IRS990ScheduleD/RevenueSubtotalAmt04498130
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 208,185.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RECLASSIFICATION OF TUITION DISCOUNTS FROM INCOME TO EXPENSE 208,185.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01028847
IRS990ScheduleD/TotalExpensesPerForm990Amt04735751
IRS990ScheduleD/TotalLiabilityAmt0332000
IRS990ScheduleD/TotalRevenuePerForm990Amt04706315
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04498701
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04527566
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/CharitableContributionsTotAmt0195723
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0195723
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025191
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0KHAN LAB SCHOOL AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0195723
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0195723
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-25191
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01058
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01058
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt024133
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt024133
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0208185
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID - NEED-BASED SCHOLARSHIPS, STAFF DISCOUNT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AWARDEES OF SCHOLARSHIPS MUST BE ENROLLED AT KHAN LAB SCHOOL IN ORDER TO QUALIFY FOR SCHOLARSHIPS. STUDENTS MUST RE-APPLY FOR SCHOLARSHIPS EACH YEAR. SCHOLARSHIPS ARE GRANTED ONLY TO STUDENTS IN GOOD STANDING ENROLLED AT KHAN LAB SCHOOL AND ARE TREATED AS A REDUCTION TO ANNUAL STUDENT TUITION BALANCE. IN THE CASE THAT A STUDENT IS NO LONGER IN GOOD STANDING OR NO LONGER ENROLLED AT KHAN LAB SCHOOL, THE SCHOLARSHIP IS REVOKED. SCHOLARSHIP AWARDS ARE PRESENTLY DETERMINED BY ERICA COSGROVE, SCHOOL DIRECTOR AND CHI-RAY CHIEN, HEAD OF OPERATIONS BASED ON THE RECOMMENDATIONS GENERATED BY THE TOOL FACTS - GRANT AND AID ASSESSMENT. TEAM MEMBERS ARE RECEIVING A TUITION DISCOUNT BASED ON NUMBER OF YEARS OF EMPLOYMENT AT THE ORGANIZATION AND EXECUTIVE LEVEL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

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