Civic Intelligence

New Key School Inc.

990 • Fiscal year 2021 • EIN 81-0661502

Aug 01, 2020 to Jul 31, 2021 • Filed on Jun 13, 2022

Organization ProfileWWW.KEYSCHOOLFTWORTH.ORG

View Organization Page

7950 John T White RoadFort Worth, TX 76120

(817) 446-3738

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.12x

Higher debt load relative to assets than 43% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.31x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

86th percentile

50%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

29th percentile

$116,970

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-2.8%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$12,332,466

Up $2,190,552 (+22%) from 2020

Net Assets

Up

$10,862,087

Up $1,881,127 (+21%) from 2020

Liabilities

Up

$1,470,379

Up $309,425 (+27%) from 2020

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin86th percentile

Revenue

Down

$4,757,721

Down $134,852 (-2.8%) from 2020

Expenses

Down

$2,376,594

Down $244,820 (-9.3%) from 2020

Net Income

Up

$2,381,127

Up $109,968 (+4.8%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$15M$10M$5.0M$0Assets 2011: $1,198,075Liabilities 2011: $257,931Net Assets 2011: $940,1442011Assets 2012: $1,299,697Liabilities 2012: $282,251Net Assets 2012: $1,017,4462012Assets 2013: $1,301,075Liabilities 2013: $211,802Net Assets 2013: $1,089,2732013Assets 2014: $1,558,575Liabilities 2014: $307,326Net Assets 2014: $1,251,2492014Assets 2015: $2,153,116Liabilities 2015: $783,780Net Assets 2015: $1,369,3362015Assets 2016: $2,376,294Liabilities 2016: $930,004Net Assets 2016: $1,446,2902016Assets 2017: $2,894,250Liabilities 2017: $1,250,925Net Assets 2017: $1,643,3252017Assets 2018: $3,230,982Liabilities 2018: $1,019,914Net Assets 2018: $2,211,0682018Assets 2019: $7,384,507Liabilities 2019: $674,706Net Assets 2019: $6,709,8012019Assets 2020: $10,141,914Liabilities 2020: $1,160,954Net Assets 2020: $8,980,9602020Assets 2021: $12,332,466Liabilities 2021: $1,470,379Net Assets 2021: $10,862,0872021Assets 2022: $11,631,181Liabilities 2022: $395,397Net Assets 2022: $11,235,7842022Assets 2023: $11,856,978Liabilities 2023: $824,919Net Assets 2023: $11,032,0592023

Highlighted filing

2021

Assets$12,332,466
Liabilities$1,470,379
Net Assets$10,862,087
Open 2021 Filing

Operations Trend

Revenue Growth25th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,728,961Expenses 2011: $1,689,232Net Income 2011: $39,7292011Revenue 2012: $1,994,842Expenses 2012: $1,917,540Net Income 2012: $77,3022012Revenue 2013: $2,034,292Expenses 2013: $1,962,465Net Income 2013: $71,8272013Revenue 2014: $2,294,471Expenses 2014: $2,132,495Net Income 2014: $161,9762014Revenue 2015: $2,386,127Expenses 2015: $2,268,040Net Income 2015: $118,0872015Revenue 2016: $2,569,560Expenses 2016: $2,356,631Net Income 2016: $212,9292016Revenue 2017: $2,657,102Expenses 2017: $2,460,068Net Income 2017: $197,0342017Revenue 2018: $3,124,847Expenses 2018: $2,557,104Net Income 2018: $567,7432018Revenue 2019: $7,090,568Expenses 2019: $2,591,835Net Income 2019: $4,498,7332019Revenue 2020: $4,892,573Expenses 2020: $2,621,414Net Income 2020: $2,271,1592020Revenue 2021: $4,757,721Expenses 2021: $2,376,594Net Income 2021: $2,381,1272021Revenue 2022: $3,613,314Expenses 2022: $3,239,617Net Income 2022: $373,6972022Revenue 2023: $3,568,909Expenses 2023: $3,772,634Net Income 2023: -$203,7252023

Highlighted filing

2021

Revenue$4,757,721
Expenses$2,376,594
Net Income$2,381,127
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jun 13, 2022
Return Version
2020v4.2
Gross Receipts
$5,558,423
Mission and Program Overview

Mission

Unleashing student and teacher success with individualized instruction, training, and advocacy.

Overcoming learning differences to create individualized educational success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,714,306$8,022,418▲ $6,308,112
Cash and Non-Interest-Bearing Accounts$1,160,950$3,603,267▲ $2,442,317
Intangible Assets$410,288$410,288→ $0
Pledges and Grants Receivable$1,251,854$208,274▼ $1,043,580
Accounts Receivable$134,556$51,897▼ $82,659
Loans From Officers Directors$98,503$39,757▼ $58,746
Prepaid Expenses and Deferred Charges$35,051$36,113▲ $1,062
Savings and Temporary Cash Investments$5,434,909$209▼ $5,434,700
Total Assets$10,141,914$12,332,466▲ $2,190,552
Liabilities
Accounts Payable and Accrued Expenses$142,620$1,144,282▲ $1,001,662
Deferred Revenue$601,031$237,314▼ $363,717
Unsecured Notes Loans Payable$318,800$49,026▼ $269,774
Total Liabilities$1,160,954$1,470,379▲ $309,425
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,196,361$9,332,075▲ $2,135,714
Net Assets Without Donor Restrictions$1,784,599$1,530,012▼ $254,587
Total Net Assets Fund Balance$8,980,960$10,862,087▲ $1,881,127
Total Liabilities and Net Assets / Fund Balance$10,141,914$12,332,466▲ $2,190,552

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,865,698$26,844$7,892,542
Equipment$92,066$263,496$355,562
Leasehold Improvements$64,654$56,057$120,711

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$7,196,361$170,162-$111,403$7,168,076
2019$3,917,352$3,564,827-$199,818$7,196,361
2018$799,678$5,181,997-$2,004,323$3,917,352
2017$207,340$938,132-$239,294$799,678
2016$187,195$160,735-$18,735$207,340
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kerri BensonExecutive Director (left 10/31/2020)FT$116,396$574$116,970

Board Members and Trustees

NameTitle
Carla BrownChair of Development Commi
Katie RobertsChair of Governance Commit
Fantasy ReynoldsPresident
Beth LambDirector
Elizabeth McwherterDirector
Melissa DavisDirector
Rachel LangDirector
Sam SmartDirector
Teasha-lee a FrattarelliDirector
Melanie RoyalExecutive Director (began 7/26/2021)
Mark RobertsSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Randy PurvisAccounting Services509 FISHER DR, Trophy Club, TX 76262$116,010
Revenue and Support

Revenue Composition

Contributions and Grants
$3,354,668
Program Service Revenue
$1,686,737
Investment Income
$-302,331
Other Revenue
$18,647
All Other Contributions
$3,020,436
Change in Net Assets
$2,381,127

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$68,720Fair Market Value
Other Non Cash Contri Table10$12,374Fair Market Value
Total Noncash Contributions12$81,094-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,670,677
Revenue Not Reported on Financial Statements
$87,044
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$87,044
Total Revenue per Audited Statements
$4,670,677
Total Revenue per Form 990
$4,757,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,471,455
Other Expenses$818,095
Total Fundraising Expense$266,860
Grants and Similar Amounts Paid$87,044
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,046,471$110,659$126,558$1,283,688
Occupancy$140,106$4,627$2,747$147,480
Payroll Taxes$95,188$12,379$13,817$121,384
Information Technology$71,031$29,948-$100,979
Office Expenses$41,746$52,853$4,696$99,295
Grants to Domestic Individuals$87,044--$87,044
Fees for Services Accounting-$85,332-$85,332
Fees for Services Other$65,923$906-$66,829
Current Officers, Directors, Trustees, and Key Employees$5,854$26,344$26,344$58,542
All Other Expenses$32,521$11,939-$44,460
Insurance$18,665$3,074$220$21,959
Other Expenses$21,290-$75,473$21,290
Advertising--$16,018$16,018
Depreciation Depletion$435$6,676-$7,111
Other Employee Benefits$5,468$561$644$6,673
Pension Plan Contributions$916$119$133$1,168
Interest$271$181-$452
Travel$32$81$210$323
Total Functional Expenses$1,764,055$345,679$266,860$2,376,594

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,376,594
Expenses per Audited Statements$2,289,550
Total Expenses per Audited Statements$2,289,550
Expenses Not Reported on Financial Statements$87,044
Other Expense Adjustments$87,044
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,881
Fundraising Direct Expenses$702
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$33,313$17,881$702$17,179
Total Events$33,313$17,881$702$17,179
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$98,503$39,757▼ $58,746
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The new key school has outsourced its accounting function.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees with authority to act on behalf of the governing body.”

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

“A draft of the form 990 is presented to the board of directors and school director for review prior to filing. After approval, the board passes a motion to accept the form 990.”

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

“The new key school administrators monitor any circumstances which would be considered a conflict of interest according to the written policy and ensures that such instances are reported to members of the board of directors. This policy covers any person serving as an officer, employee or member of the board of directors of the organization. Any member with a conflict of interest must disclose all facts material to the conflict of interest to the board of directors, and such disclosures shall be reflected in the minutes of the meeting. Any person with a conflict of interest shall not participate in or hear the board or committee's discussion of the matter except to disclose material facts and to respond to questions. This person shall not vote on the matter and shall not be present when the vote is taken. Each responsible person shall annually complete a disclosure form identifying any relationships, positions or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising. This policy shall be reviewed annually by each member of the board of directors.”

Form 990, Part VI, Section B, Line 15

“A salary review is conducted that compares pay rates and scales for similar positions at both a local and national level. Pay rates are established comparable to other school leaders. Key employee pay scales are periodically compared to those of other local educational agencies and are either equivalent or less than the rates paid by other schools. A salary review was last conducted in 2017 by the finance committee and the salary task force committee. Recommendations from the committees are presented to the board for approval and are documented in the meeting's minutes.”

Form 990, Part VI, Section C, Line 19

“The school provides such documentation to potential donors, contributors and others upon request.”

Filing and Contact Details

Filer

Filer Name
The New Key School Inc
EIN
81-0661502
Phone
8174463738
Address
7950 JOHN T WHITE ROAD, FORT WORTH, TX 76120
Doing Business As
Key Center for Learning Differences

Signing Officer

Name
Melanie Royal
Title
Executive Director
Phone
8174463738
Signed
2022-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melanie Royal
Formed
2004
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
47
Volunteers
38

Preparer

Firm
Cliftonlarsonallen Llp
Address
801 CHERRY ST SUITE 1400, FORT WORTH, TX 76102
Preparer
Michaela J Cromar CPA
Phone
8178775000
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

“There was no change from prior year”

Financial Statement Notes

PART V, LINE 4:

“Temporarilly restricted funds are largely restricted for scholarships, special programs, and for the construction of a new facility.”

PART X, LINE 2:

“The school is exempt from federal income taxes under provisions of section 501(c)(3) of the internal revenue code, and is not considered to be a private foundation; accordingly, no provision for federal income taxes is included in the accompanying financial statements. The school is also exempt from state of texas franchise taxes. The school believes it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. The school did not pay or incur any tax related penalties or interest during the year ended july 31, 2020 and 2019”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid expense 87,044.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid expense 87,044.”

Raw XML AppendixShowing 400 of 607 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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10116396
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR OF GOVERNANCE COMMIT
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR OF DEVELOPMENT COMMI
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR (LEFT 10/31/2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR (BEGAN 7/26/2021)
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IRS990/FormationYr02004
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt0702
IRS990/FundraisingGrossIncomeAmt017881
IRS990/GainOrLossGrp/OtherAmt0-305608
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0318800
IRS990/GrantAmt087044
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0494392
IRS990/GrossReceiptsAmt05558423
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt029948
IRS990/InformationTechnologyGrp/ProgramServicesAmt071031
IRS990/InformationTechnologyGrp/TotalAmt0100979
IRS990/InsuranceGrp/FundraisingAmt0220
IRS990/InsuranceGrp/ManagementAndGeneralAmt03074
IRS990/InsuranceGrp/ProgramServicesAmt018665
IRS990/InsuranceGrp/TotalAmt021959
IRS990/IntangibleAssetsGrp/BOYAmt0410288
IRS990/IntangibleAssetsGrp/EOYAmt0410288
IRS990/InterestGrp/ManagementAndGeneralAmt0181
IRS990/InterestGrp/ProgramServicesAmt0271
IRS990/InterestGrp/TotalAmt0452
IRS990/InvestmentIncomeGrp/ExclusionAmt03277
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03277
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0346397
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01714306
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08022418
IRS990/LandBldgEquipCostOrOtherBssAmt08368815
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0800000
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt098503
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt039757
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NEW KEY SCHOOL IS A FULLY ACCREDITED SPECIAL PURPOSE PRIVATE SCHOOL WHICH EDUCATES STUDENTS WITH SPECIAL LEARNING NEEDS. THE SCHOOL OPERATES A REGULAR NINE MONTH SCHOOL AND A SUMMER PROGRAM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08980960
IRS990/NetAssetsOrFundBalancesEOYAmt010862087
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-305608
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-305608
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt017179
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt017179
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01784599
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01530012
IRS990/NoncashContributionsAmt081094
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02747
IRS990/OccupancyGrp/ManagementAndGeneralAmt04627
IRS990/OccupancyGrp/ProgramServicesAmt0140106
IRS990/OccupancyGrp/TotalAmt0147480
IRS990/OfficeExpensesGrp/FundraisingAmt04696
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt052853
IRS990/OfficeExpensesGrp/ProgramServicesAmt041746
IRS990/OfficeExpensesGrp/TotalAmt099295
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0644
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0561
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05468
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06673
IRS990/OtherExpensesGrp/Desc0KSALT EXPENSES
IRS990/OtherExpensesGrp/Desc1FUNDRAISING EXPENSE
IRS990/OtherExpensesGrp/Desc2CLASSROOM MATERIALS
IRS990/OtherExpensesGrp/Desc3STRATEGIC PLANNING
IRS990/OtherExpensesGrp/FundraisingAmt075473
IRS990/OtherExpensesGrp/ProgramServicesAmt083022
IRS990/OtherExpensesGrp/ProgramServicesAmt148072
IRS990/OtherExpensesGrp/ProgramServicesAmt221290
IRS990/OtherExpensesGrp/TotalAmt083022
IRS990/OtherExpensesGrp/TotalAmt175473
IRS990/OtherExpensesGrp/TotalAmt248072
IRS990/OtherExpensesGrp/TotalAmt321290
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01468
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01468
IRS990/OtherRevenueTotalAmt01468
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0126558
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0110659
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01046471
IRS990/OtherSalariesAndWagesGrp/TotalAmt01283688
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013817
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012379
IRS990/PayrollTaxesGrp/ProgramServicesAmt095188
IRS990/PayrollTaxesGrp/TotalAmt0121384
IRS990/PensionPlanContributionsGrp/FundraisingAmt0133
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0119
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0916
IRS990/PensionPlanContributionsGrp/TotalAmt01168
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01251854
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0208274
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035051
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036113
IRS990/PrincipalOfficerNm0MELANIE ROYAL
IRS990/PriorPeriodAdjustmentsAmt0-500000
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1BOOKS, MEALS & FEES
IRS990/ProgramServiceRevenueGrp/Desc2KSALT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01486554
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1146681
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01486554
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1146681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253502
IRS990/ProgSrvcAccomActy2Grp/Desc0THE KEY SCHOOL ACADEMIC LANGUAGE THERAPY (KSALT) PROGRAM OFFERS IN-DEPTH MULTI-SENSORY STRUCTURED TRAINING FOR INDIVIDUALS INTERESTED IN WORKING WITH CHILDREN OR ADULTS HAVING DYSLEXIA OR RELATED DISORDERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt083022
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt053502
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03726793
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt086000
IRS990/PYInvestmentIncomeAmt0-498174
IRS990/PYOtherExpensesAmt0712413
IRS990/PYOtherRevenueAmt0-3550
IRS990/PYProgramServiceRevenueAmt01667504
IRS990/PYRevenuesLessExpensesAmt02271159
IRS990/PYSalariesCompEmpBnftPaidAmt01797201
IRS990/PYTotalExpensesAmt02621414
IRS990/PYTotalProfFndrsngExpnsAmt025800
IRS990/PYTotalRevenueAmt04892573
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02381127
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01633235
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05434909
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0209
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/CYEndwmtFundGrp/BeginningYearBalanceAmt07196361
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0170162
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07168076
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt087044
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0111403
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03917352
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt03564827
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07196361
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt086000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0199818
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0799678
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt05181997
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03917352
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt060000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt02004323
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0207340
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0938132
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0799678
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0106500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0239294
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0187195
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0160735
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0207340
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0121855
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt018735
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt092066
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0263496
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0355562
IRS990ScheduleD/ExpensesNotReportedAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,332,466
Liabilities
$1,470,379
Net assets
$10,862,087
Revenue
$4,757,721
Expenses
$2,376,594
Net income
$2,381,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$11.9$0.82$11.0$3.57$3.77$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$0.40$11.2$3.61$3.24$0.37
2021Detailed filing. Detailed filing data is available for this year.$12.3$1.47$10.9$4.76$2.38$2.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$1.16$8.98$4.89$2.62$2.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.38$0.67$6.71$7.09$2.59$4.50
2018Summary only. Only limited summary data is available for this year.$3.23$1.02$2.21$3.12$2.56$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$1.25$1.64$2.66$2.46$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.38$0.93$1.45$2.57$2.36$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.78$1.37$2.39$2.27$0.12
2014Summary only. Only limited summary data is available for this year.$1.56$0.31$1.25$2.29$2.13$0.16
2013Summary only. Only limited summary data is available for this year.$1.30$0.21$1.09$2.03$1.96$0.07
2012Summary only. Only limited summary data is available for this year.$1.30$0.28$1.02$1.99$1.92$0.08
2011Summary only. Only limited summary data is available for this year.$1.20$0.26$0.94$1.73$1.69$0.04