Civic Intelligence

Kinhaven School Inc.

990 • Fiscal year 2017 • EIN 54-1252342

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 12, 2018

915 N Oakland StArlington, VA 22203

(703) 525-4636

Siviq Scores

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

Liabilities / Assets

70th percentile

0.17x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.12x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

60th percentile

7.5%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$74,975

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

28th percentile

-3.1%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

3.2%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$606,997

Down $19,669 (-3.1%) from 2016

Net Assets

Up

$504,325

Up $64,859 (+15%) from 2016

Liabilities

Down

$102,672

Down $84,528 (-45%) from 2016

Revenue

Up

$864,075

Up $27,139 (+3.2%) from 2016

Expenses

Up

$799,216

Up $62,999 (+8.6%) from 2016

Net Income

Down

$64,859

Down $35,860 (-36%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $183,481Liabilities 2011: $94,429Net Assets 2011: $89,0522011Assets 2012: $225,347Liabilities 2012: $110,500Net Assets 2012: $114,8472012Assets 2016: $626,666Liabilities 2016: $187,200Net Assets 2016: $439,4662016Assets 2017: $606,997Liabilities 2017: $102,672Net Assets 2017: $504,3252017Assets 2018: $556,035Liabilities 2018: $110,668Net Assets 2018: $445,3672018Assets 2019: $515,545Liabilities 2019: $129,258Net Assets 2019: $386,2872019Assets 2020: $558,517Liabilities 2020: $194,200Net Assets 2020: $364,3172020Assets 2021: $697,245Liabilities 2021: $335,975Net Assets 2021: $361,2702021Assets 2022: $694,940Liabilities 2022: $321,555Net Assets 2022: $373,3852022Assets 2023: $618,948Liabilities 2023: $287,256Net Assets 2023: $331,6922023Assets 2024: $221,562Liabilities 2024: $180,770Net Assets 2024: $40,7922024

Highlighted filing

2017

Assets$606,997
Liabilities$102,672
Net Assets$504,325

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $534,926Expenses 2011: $521,165Net Income 2011: $13,7612011Expenses 2012: $553,5852012Revenue 2016: $836,936Expenses 2016: $736,217Net Income 2016: $100,7192016Revenue 2017: $864,075Expenses 2017: $799,216Net Income 2017: $64,8592017Revenue 2018: $431,551Expenses 2018: $490,509Net Income 2018: -$58,9582018Revenue 2019: $487,624Expenses 2019: $546,704Net Income 2019: -$59,0802019Revenue 2020: $462,998Expenses 2020: $484,968Net Income 2020: -$21,9702020Revenue 2021: $513,352Expenses 2021: $516,399Net Income 2021: -$3,0472021Revenue 2022: $656,412Expenses 2022: $644,297Net Income 2022: $12,1152022Revenue 2023: $700,994Expenses 2023: $742,687Net Income 2023: -$41,6932023Revenue 2024: $518,293Expenses 2024: $809,193Net Income 2024: -$290,9002024

Highlighted filing

2017

Revenue$864,075
Expenses$799,216
Net Income$64,859
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 12, 2018
Return Version
2016v3.0
Gross Receipts
$875,267
Mission and Program Overview

Mission

Kinhaven School is an independent, parent-governed organization with its roots in the co-op tradition. Our play-based approach develops self-motivated learners through active and collaborative exploration of the learning environment and the challenge posed by experienced teachers who support learning on a developmental timeline unique to each student. Honoring parents as children's most important teachers, we cultivate parent involvement and advocacy in influencing their children's education at Kinhaven and beyond.

Preschool education

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$589,977$580,597▼ $9,380
Cash and Non-Interest-Bearing Accounts$9,393$0▼ $9,393
Land, Buildings, and Equipment, Net$2,838$5,917▲ $3,079
Prepaid Expenses and Deferred Charges$7,440$2,728▼ $4,712
Accounts Receivable$44$0▼ $44
Total Assets$626,666$606,997▼ $19,669
Other Assets Total$16,974$17,755▲ $781
Liabilities
Deferred Revenue$185,085$100,625▼ $84,460
Accounts Payable and Accrued Expenses$2,115$2,047▼ $68
Total Liabilities$187,200$102,672▼ $84,528
Net Assets / Fund Balance
Unrestricted Net Assets$439,466$504,325▲ $64,859
Total Net Assets Fund Balance$439,466$504,325▲ $64,859
Total Liabilities and Net Assets / Fund Balance$626,666$606,997▼ $19,669

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,917$1,315$7,232
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy HitchcockExecutive DirectorFT$71,577$3,398$74,975

Board Members and Trustees

NameTitle
Jane WishneffPresident
Enjoli GoyalVice President
Dasha HermosillaDirector
Emily ParsonsDirector
Erin ParkerDirector
Kate AhrensDirector
Katherine BraganDirector
Megan McNamaraDirector
Melissa StanzioneDirector
Rod O'ConnorDirector
Cindy McCoolDirector at Large
Alexis PatelSecretary
Kristin ThakorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$48,010
Program Service Revenue
$813,185
Investment Income
$619
Other Revenue
$2,261
All Other Contributions
$25,976
Change in Net Assets
$64,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$581,773
Other Expenses$217,443
Total Fundraising Expense$1,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$381,537$52,587-$434,124
Occupancy$99,814$33,271-$133,085
Current Officers, Directors, Trustees, and Key Employees-$74,975-$74,975
Payroll Taxes$28,148$9,383-$37,531
Other Employee Benefits$26,655$8,488-$35,143
Office Expenses$9,990$3,331$624$13,945
Fees for Services Accounting$10,030$3,343-$13,373
Insurance$8,904$2,968-$11,872
Other Expenses$5,141$4,744$929$5,141
Depreciation Depletion$560$186-$746
Total Functional Expenses$604,387$193,276$1,553$799,216
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,453
Fundraising Direct Expenses$11,192
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5K Race$9,863$9,863$4,593$5,270
Auction$25,624$3,590$5,269$-1,679
Total Events$35,487$13,453$11,192$2,261
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 6

Parents of children attending Kinhaven School are members of the organization. They are entitled to vote for members of the governing body of the school.

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

Parents of children attending Kinhaven School are members of the organization. They are entitled to vote for members of the governing body of the school.

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

Officers review and sign off on completed Form 990 before it is submitted.

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

No potential conflicts of interest have occurred. Each director, principal officer, and member of a Committee with Board delegated powers must annually sign a statement affirming that he or she has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization's tax-exempt status and activities. In addition, each voting member of the Board annually signs a statement declaring whether or not they are an independent director. If the information changes during the year, the Director must disclose the changes and revise the disclosure form. The Executive Committee of the Board reviews the annual statements and takes other actions as necessary for oversight.

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

There are no other paid officers or key employees.

Form 990, Part VI, Section C, line 19

Governing documents, policies, and financial statements are available for review in the organization's office upon request.

Filing and Contact Details

Filer

Filer Name
Kinhaven School Inc
EIN
54-1252342
Phone
7035254636
Address
915 N Oakland St, Arlington, VA 22203

Signing Officer

Name
Katherine Bragan
Title
Treasurer
Phone
7035254636
Signed
2018-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Bragan
Formed
1971
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
35
Volunteers
0

Preparer

Firm
Kositzka Wicks and Company
Address
5270 Shawnee Road Suite 250, Alexandria, VA 22312
Preparer
Stephen G Travis CPA
Phone
7036422700
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0381537
IRS990/OtherSalariesAndWagesGrp/TotalAmt0434124
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09383
IRS990/PayrollTaxesGrp/ProgramServicesAmt028148
IRS990/PayrollTaxesGrp/TotalAmt037531
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07440
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02728
IRS990/PrincipalOfficerNm0Katherine Bragan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0813185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0813185
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt046501
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0581
IRS990/PYOtherExpensesAmt0199387
IRS990/PYOtherRevenueAmt06035
IRS990/PYProgramServiceRevenueAmt0783819
IRS990/PYRevenuesLessExpensesAmt0100719
IRS990/PYSalariesCompEmpBnftPaidAmt0536830
IRS990/PYTotalExpensesAmt0736217
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0836936
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt064859
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0813185
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0589977
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0580597
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05917
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01315
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07232
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05917
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Racially nondiscriminatory policy is available on the school website, social media, and all registration materials.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Due to racial diversity of the community, specific measures and actions have not been necessary to ensure diversity in the school. No scholarships or financial assistance were awarded.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt022034
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt022034
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011192
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Auction
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm05K Race
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01330
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01330
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025624
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09863
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035487
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt03590
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09863
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt013453
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt02261
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09862
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05269
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04593
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Parents of children attending Kinhaven School are members of the organization. They are entitled to vote for members of the governing body of the school.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Parents of children attending Kinhaven School are members of the organization. They are entitled to vote for members of the governing body of the school.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Officers review and sign off on completed Form 990 before it is submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No potential conflicts of interest have occurred. Each director, principal officer, and member of a Committee with Board delegated powers must annually sign a statement affirming that he or she has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization's tax-exempt status and activities. In addition, each voting member of the Board annually signs a statement declaring whether or not they are an independent director. If the information changes during the year, the Director must disclose the changes and revise the disclosure form. The Executive Committee of the Board reviews the annual statements and takes other actions as necessary for oversight.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There are no other paid officers or key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents, policies, and financial statements are available for review in the organization's office upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0626666
IRS990/TotalAssetsEOYAmt0606997
IRS990/TotalAssetsGrp/BOYAmt0626666
IRS990/TotalAssetsGrp/EOYAmt0606997
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt048010
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01553
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0193276
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0604387
IRS990/TotalFunctionalExpensesGrp/TotalAmt0799216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0187200
IRS990/TotalLiabilitiesEOYAmt0102672
IRS990/TotalLiabilitiesGrp/BOYAmt0187200
IRS990/TotalLiabilitiesGrp/EOYAmt0102672
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0439466
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0504325
IRS990/TotalOtherCompensationAmt03398
IRS990/TotalProgramServiceExpensesAmt0604387
IRS990/TotalProgramServiceRevenueAmt0813185
IRS990/TotalReportableCompFromOrgAmt071577
IRS990/TotalRevenueGrp/ExclusionAmt02880
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0813185
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0864075
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0626666

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