Civic Intelligence

The Kinkaid School Inc

EIN 76-0295523 • 501(c)3 • Houston, TX

Linked School Profile

The Kinkaid School

Private

The Kinkaid School

Houston, TX • private

Profile

Kinkaid's mission is to promote educational excellence, personal responsibility, and balanced growth, and thereby to help its students to discover and develop their talents and to fulfill their best potentials.

201 Kinkaid School DriveHouston, TX 77024

www.kinkaid.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.25x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.77x

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

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$1,059,269

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

73rd percentile

12%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-1.7%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$243,038,463

Up $26,649,343 (+12%) from 2023

Liabilities

Up

$61,271,610

Up $10,761,161 (+21%) from 2023

Net Assets

Up

$181,766,853

Up $15,888,182 (+9.6%) from 2023

Revenue

Down

$80,043,491

Down $1,418,177 (-1.7%) from 2023

Expenses

Up

$64,155,309

Up $2,411,899 (+3.9%) from 2023

Net Income

Down

$15,888,182

Down $3,830,076 (-19%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $63,934,284Liabilities 2010: $31,909,953Net Assets 2010: $32,024,3312010Assets 2011: $82,614,925Liabilities 2011: $35,658,666Net Assets 2011: $46,956,2592011Assets 2012: $85,190,013Liabilities 2012: $37,183,828Net Assets 2012: $48,006,1852012Assets 2013: $85,708,742Liabilities 2013: $31,244,385Net Assets 2013: $54,464,3572013Assets 2014: $96,798,339Liabilities 2014: $32,238,417Net Assets 2014: $64,559,9222014Assets 2015: $109,394,629Liabilities 2015: $35,608,183Net Assets 2015: $73,786,4462015Assets 2016: $116,653,402Liabilities 2016: $40,166,526Net Assets 2016: $76,486,8762016Assets 2017: $118,946,429Liabilities 2017: $36,884,172Net Assets 2017: $82,062,2572017Assets 2018: $126,049,460Liabilities 2018: $38,144,033Net Assets 2018: $87,905,4272018Assets 2019: $126,593,802Liabilities 2019: $35,890,594Net Assets 2019: $90,703,2082019Assets 2020: $123,015,734Liabilities 2020: $33,680,322Net Assets 2020: $89,335,4122020Assets 2021: $122,042,370Liabilities 2021: $35,920,189Net Assets 2021: $86,122,1812021Assets 2022: $183,587,996Liabilities 2022: $37,427,583Net Assets 2022: $146,160,4132022Assets 2023: $216,389,120Liabilities 2023: $50,510,449Net Assets 2023: $165,878,6712023Assets 2024: $243,038,463Liabilities 2024: $61,271,610Net Assets 2024: $181,766,8532024

Highlighted filing

2024

Assets$243,038,463
Liabilities$61,271,610
Net Assets$181,766,853

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $35,001,5552010Expenses 2011: $36,178,4872011Expenses 2012: $37,423,1542012Expenses 2013: $38,282,1492013Revenue 2014: $49,724,080Expenses 2014: $38,742,240Net Income 2014: $10,981,8402014Revenue 2015: $52,592,588Expenses 2015: $40,801,092Net Income 2015: $11,791,4962015Revenue 2016: $48,893,771Expenses 2016: $43,020,973Net Income 2016: $5,872,7982016Revenue 2017: $51,572,602Expenses 2017: $46,518,197Net Income 2017: $5,054,4052017Revenue 2018: $52,688,742Expenses 2018: $50,032,364Net Income 2018: $2,656,3782018Revenue 2019: $54,575,357Expenses 2019: $53,078,108Net Income 2019: $1,497,2492019Revenue 2020: $51,435,180Expenses 2020: $52,802,976Net Income 2020: -$1,367,7962020Revenue 2021: $52,090,713Expenses 2021: $55,303,944Net Income 2021: -$3,213,2312021Revenue 2022: $119,869,624Expenses 2022: $59,831,392Net Income 2022: $60,038,2322022Revenue 2023: $81,461,668Expenses 2023: $61,743,410Net Income 2023: $19,718,2582023Revenue 2024: $80,043,491Expenses 2024: $64,155,309Net Income 2024: $15,888,1822024

Highlighted filing

2024

Revenue$80,043,491
Expenses$64,155,309
Net Income$15,888,182

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$243$61.3$182$80.0$64.2$15.9
2023Summary only. Only limited summary data is available for this year.$216$50.5$166$81.5$61.7$19.7
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$184$37.4$146$120$59.8$60.0
2021Summary only. Only limited summary data is available for this year.$122$35.9$86.1$52.1$55.3$3.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$33.7$89.3$51.4$52.8$1.37
2019Summary only. Only limited summary data is available for this year.$127$35.9$90.7$54.6$53.1$1.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$126$38.1$87.9$52.7$50.0$2.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$119$36.9$82.1$51.6$46.5$5.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$117$40.2$76.5$48.9$43.0$5.87
2015Detailed filing. Detailed filing data is available for this year.$109$35.6$73.8$52.6$40.8$11.8
2014Detailed filing. Detailed filing data is available for this year.$96.8$32.2$64.6$49.7$38.7$11.0
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.7$31.2$54.5$38.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.2$37.2$48.0$37.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.6$35.7$47.0$36.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.9$31.9$32.0$35.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$80,413,775
Mission and Program Overview

Mission

The Kinkaid School provides instruction to approx. 1,480 students from pre-K through grade 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$115,432,902$160,245,822▲ $44,812,920
Pledges and Grants Receivable$39,369,491$40,725,011▲ $1,355,520
Savings and Temporary Cash Investments$52,239,852$34,881,622▼ $17,358,230
Cash and Non-Interest-Bearing Accounts$3,650,107$1,524,480▼ $2,125,627
Prepaid Expenses and Deferred Charges$1,739,657$1,184,608▼ $555,049
Accounts Receivable$156,192$215,255▲ $59,063
Total Assets$216,389,120$243,038,463▲ $26,649,343
Other Assets Total$3,800,919$4,261,665▲ $460,746
Liabilities
Deferred Revenue$31,589,304$33,759,769▲ $2,170,465
Accounts Payable and Accrued Expenses$12,972,516$13,366,414▲ $393,898
Mortgage Notes Payable Secured by Investment Property-$8,406,986-
Other Liabilities$4,887,158$4,663,228▼ $223,930
Escrow Account Liability$1,061,471$1,075,213▲ $13,742
Total Liabilities$50,510,449$61,271,610▲ $10,761,161
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$70,854,125$104,455,562▲ $33,601,437
Net Assets With Donor Restrictions$95,024,546$77,311,291▼ $17,713,255
Total Net Assets Fund Balance$165,878,671$181,766,853▲ $15,888,182
Total Liabilities and Net Assets / Fund Balance$216,389,120$243,038,463▲ $26,649,343

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$66,546,625$48,254,137$114,800,762
Other Land Buildings$56,852,589-$56,852,589
Leasehold Improvements$12,251,041$13,168,254$25,419,295
Land$22,996,397-$22,996,397
Equipment$1,599,170$12,361,598$13,960,768

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$130,301,139$2,163,180▲ $17,249,382-$145,500,277
2022$115,749,062$8,688,760▲ $10,054,238-$130,301,139
2021$124,216,269$3,724,054▼ $8,130,356-$115,749,062
2020$103,828,321$975,548▲ $23,464,959-$124,216,269
2019$102,099,914$361,729▲ $5,462,352-$103,828,321
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan EadesHead of SchoolFT$521,591$537,678$1,059,269
Joanne MargravesCFOFT$297,995$70,754$368,749
Thomas J MooreDirector of AdvancementFT$273,274$56,200$329,474
David HolmDirector of AthleticsFT$202,356$37,907$240,263
Peter BehrAssistant Head of SchoolFT$193,939$37,763$231,702
Laurie BieberMajor Gifts OfficerFT$203,583$22,780$226,363
Krista BlackburnLower School HeadFT$170,002$47,616$217,618
Edward A JordanDirector of FacilitiesFT$160,917$45,871$206,788
Marguerite EnglandDirector of Strategic CommunicationsFT$157,157$34,301$191,458
Quenby MottHead DeanFT$163,814$23,865$187,679
Scott LambertDirector of VPAFT$143,720$42,847$186,567
Vincent VrotnyDirector of TechnologyFT$148,672$34,584$183,256
Goldie ArriolaDirector of Human ResourcesFT$144,195$36,464$180,659
Iris BonetDirector of Admissions, EnrollmentFT$152,334$22,972$175,306
Nathan LarnedAssistant Athletic DirectorFT$146,926$23,480$170,406
Matthew RushFormer Asst. Head of SchoolFT$144,378$25,505$169,883
Frances LimoncelliVPA Theatre DirectorFT$68,407$85,758$154,165
Alex SpencerUpper School HeadFT$129,674$24,227$153,901

Highest Paid Contractors

ContractorServicesLocationCompensation
Linbeck Group LLCConstructionPO Box 22500, Houston, TX 77227$38,895,825
Studio Red ArchitectsArchitectural services1320 McGowen, Houston, TX 77004$3,470,084
Sage Dining ServicesFood services1402 York Rd 100, Lutherville, MD 21093$2,666,687
KARR Limousine ServiceTransportation6363 Richmond Ave 300, Houston, TX 77057$760,765
Houston Tree Service TeamLandscaping servicesPO Box 571986, Houston, TX 77257$504,990
Revenue and Support

Revenue Composition

Contributions and Grants
$28,223,558
Program Service Revenue
$50,255,879
Investment Income
$1,549,063
Other Revenue
$14,991
All Other Contributions
$22,195,092
Change in Net Assets
$15,888,182

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded13$103,276Fair Market Value (FMV)
Other Non Cash Contri Table1$20,468Fair Market Value (FMV)
Other Non Cash Contri Table1$12,000Fair Market Value (FMV)
Other Non Cash Contri Table5$6,099Fair Market Value (FMV)
Other Non Cash Contri Table4$5,633Fair Market Value (FMV)
Total Noncash Contributions24$147,476-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$38,346,840
Other Expenses$21,404,963
Grants and Similar Amounts Paid$4,369,790
Total Fundraising Expense$2,593,218
Professional Fundraising Fees$33,716

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,317,353$1,969,238$843,498$27,130,089
Depreciation Depletion$5,542,484$109,856$52,209$5,704,549
Grants to Domestic Individuals$4,366,740--$4,366,740
Current Officers, Directors, Trustees, and Key Employees$1,566,633$1,520,138$723,687$3,810,458
Other Employee Benefits$3,322,288$304,798$122,908$3,749,994
Occupancy$2,993,673$59,337$28,200$3,081,210
Payroll Taxes$1,923,964$264,040$70,807$2,258,811
Information Technology$1,528,700$238,563$120,973$1,888,236
Pension Plan Contributions$1,206,531$137,060$53,897$1,397,488
Insurance$810,603$16,068$7,636$834,307
Fees for Services Other$265,444$389,008$161,791$816,243
Office Expenses$214,117$130,912$122,134$467,163
Interest-$391,093-$391,093
Conferences and Meetings$150,531$57,718$23,225$231,474
All Other Expenses$77,361$70,146$68,672$216,179
Other Expenses$294,392$5,835$142,144$142,144
Travel$140,577--$140,577
Fees for Services Accounting-$76,609-$76,609
Fees for Services Legal-$53,079-$53,079
Fees for Services Professional Fundraising--$33,716$33,716
Grants to Domestic Orgs$3,050--$3,050
Total Functional Expenses$55,729,700$5,832,391$2,593,218$64,155,309
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$385,275
Fundraising Direct Expenses$370,284
Professional Fundraising Fees$33,716

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
BookFair$317,598$212,164$169,410$42,754
Sporting Clays$277,771$30,208$5,133$25,075
Total Events$873,858$385,275$370,284$14,991
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable to affiliate$4,663,228
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by the Chair of the Board of Trustees, the Chair of the Finance Committee, the Head of School, and the Chief Financial Officer. The Form is made available to all trustees before filing with the IRS.

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

A conflict of interest disclosure is completed annually by all officers, directors, trustees, and key employees.

Form 990, Part VI, Section B, line 15

During 2023-2024, Jonathan E. Eades served his fourth year as Head of School. The terms of his employment contract were based on comparative data provided by the National Association of Independent Schools (NAIS) and the Independent School Association of the Southwest (ISAS). The contract was negotiated by a Compensation Committee of the Board. The Head of School determines the salaries of other key employees in consultation with the Compensation Committee using comparative data provided by NAIS and ISAS.

Form 990, Part VI, Section C, line 19

The School provides copies of documents upon request at no charge.

Filing and Contact Details

Filer

Filer Name
The Kinkaid School Inc
EIN
76-0295523
Phone
7137821640
Address
201 Kinkaid School Drive, Houston, TX 77024

Signing Officer

Name
Joanne Margraves
Title
CFO
Phone
7137821640
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Eades
Formed
1906
Legal Domicile
TX
Voting Board Members
29
Independent Board Members
29
Employees
585
Volunteers
650

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Kinkaid's mission is to promote educational excellence and balanced growth in a challenging, safe, and inclusive learning environment for the benefit of intellectually capable children of a sound character whose talents, interests, and uniqueness will be encouraged and nurtured to prepare them to lead, serve, and become contributing citizens to Kinkaid, our country, and the global community.

Financial Statement Notes

Part IV, Line 2B:

The School holds funds for several related groups such as parent organizations, clubs, and class activities. The School has limited discretion over the use of these funds, but acts as an agent in collecting, holding, and disbursing these funds. Funds held for others at July 31, 2024 and 2023 are reported in the School's cash and cash equivalents and as a liability of the School.

Part V, Line 4:

The Kinkaid School Endowment Fund was established in 1958 to hold and invest permanent funds for The Kinkaid School, Inc., a private school providing instruction at the lower, middle and upper school levels to approximately 1,480 students. The Endowment's purposes are to enable the School to employ the best teachers, to provide financial assistance for tuition, and to promote in any and all other ways the educational purposes and general welfare of the School.

Raw XML AppendixShowing 400 of 1,389 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/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013366414
IRS990/AccountsReceivableGrp/BOYAmt0156192
IRS990/AccountsReceivableGrp/EOYAmt0215255
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Kinkaid School provides instruction to approx. 1,480 students from pre-K through grade 12.
IRS990/AllOtherContributionsAmt022195092
IRS990/AllOtherExpensesGrp/FundraisingAmt068672
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt070146
IRS990/AllOtherExpensesGrp/ProgramServicesAmt077361
IRS990/AllOtherExpensesGrp/TotalAmt0216179
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IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
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IRS990/BooksInCareOfDetail/PhoneNum07137821640
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 Kinkaid School Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Houston
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077024
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IRS990/ContractorCompensationGrp/ServicesDesc0Construction
IRS990/ContractorCompensationGrp/ServicesDesc1Architectural services
IRS990/ContractorCompensationGrp/ServicesDesc2Food services
IRS990/ContractorCompensationGrp/ServicesDesc3Transportation
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IRS990/Desc0Education of children - Pre-kindergarten through grade 12 - The primary goals of Kinkaid are intellectual endeavor and achievement. The School also believes that a well-rounded education includes experiences in the arts, athletics, and a variety of extra-curricular activities. Kinkaid further believes that every student is and will continue to be part of a community and, therefore, seeks to strengthen his or her moral responsibility and service to it. To that end, the School actively promotes honesty, respect, responsibility, and kindness. Kinkaid also believes that participation of parents in their children's education is essential to accomplishing its mission. The School makes every attempt to inform them of the School's purposes and goals, and expects their strong support in the pursuit of these aims.
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