2025-04-30T13:19:47-05:00 2024-06-30 350921680 CROWE LLP 9 GREENWAY PLAZA SUITE 2100 HOUSTON TX 770460946 990 2023-07-01 462295875 KI EDUCATION FOUNDATION KIED 5123968500 120 BERT BROWN STREET SAN MARCOS TX 78666 JERRY LAGER SUPERINTENDENT OF SCHOOLS 5123968500 2025-04-28 1 1 ANDREW GRAY P01517705 7136679147 2025-04-27 2023 2025-03-06 01:10:19Z KI CHARTER ACADEMY JERRY LAGER 120 BERT BROWN STREET SAN MARCOS TX 78666 9935443 0 X WWW.KICHARTER.ORG X 2013 TX DEDICATED TO FOSTERING STUDENT ACHIEVEMENT, PERSONAL GROWTH, AND CAREER READINESS. 5 5 138 5 0 0 9275138 9749394 11516 11500 88971 158194 0 16355 9375625 9935443 0 0 0 0 6578383 7669549 0 0 0 1588467 1789702 8166850 9459251 1208775 476192 6718839 7257123 897234 959326 5821605 6297797 X DEDICATED TO FOSTERING STUDENT ACHIEVEMENT, PERSONAL GROWTH, AND CAREER READINESS. 0 0 8368031 11500 IN THE 2023-2024 SCHOOL YEAR KI CHARTER ACHIEVED REMARKABLE MILESTONES, DEMONSTRATING OUR COMMITMENT TO STUDENT SUCCESS AND ACADEMIC GROWTH. DURING THE SCHOOL YEAR WE SERVED 2,483 STUDENTS, WITH AN ESTIMATED MOBILITY RATE OF 400%. WE PROUDLY CELEBRATED THE GRADUATION OF SEVEN STUDENTS, EACH OF WHOM WORKED DILIGENTLY TO REACH THIS SIGNIFICANT MILESTONE. OUR STUDENTS ALSO MADE IMPRESSIVE STRIDES IN CAREER READINESS, EARNING 144 FOOD HANDLER CERTIFICATIONS, EQUIPPING THEM WITH ESSENTIAL SKILLS FOR THE WORKFORCE. KI CHARTER PROVIDED ELIGIBLE STUDENTS THE OPPORTUNITY TO PARTICIPATE IN THE ASVAB TEST AND HAD APPROXIMATELY 25 STUDENTS COMPLETE THE ASSESSMENT. ACADEMICALLY, OUR STUDENTS SHOWED TREMENDOUS LITERACY PROGRESS, WITH AN AVERAGE LEXILE GROWTH OF 30 POINTS AND AN OVERALL READING EQUIVALENCY INCREASE OF HALF A GRADE LEVEL, REFLECTING THEIR DEDICATION AND OUR EDUCATORS' SUPPORT. ADDITIONALLY, OUR COMMITMENT TO HELPING STUDENTS STAY ON TRACK FOR GRADUATION RESULTED IN THE SUCCESSFUL COMPLETION OF AN ESTIMATED 120 CREDIT RECOVERY COURSES, ENSURING STUDENTS REGAIN MOMENTUM IN THEIR ACADEMIC JOURNEYS. THESE ACCOMPLISHMENTS HIGHLIGHT OUR SCHOOL'S DEDICATION TO FOSTERING STUDENT ACHIEVEMENT, PERSONAL GROWTH, AND CAREER READINESS. 8368031 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 138 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAVIER GARCIA 5123968500 120 BERT BROWN STREET SAN MARCOS TX 78666 DR LURA DAVIDSON BOARD PRESIDENT 1.00 X X 0 0 0 DR ROSINA VALLE SECRETARY 1.00 X X 0 0 0 DR TONI SAUNCY VICE PRESIDENT 1.00 X X 0 0 0 MACK WIGLEY BOARD MEMBER 1.00 X 0 0 0 RAFAEL CORDERO BOARD MEMBER 1.00 X 0 0 0 DR JERRY LAGER SUPERINTENDENT OF SCHOOLS 50.00 X 225101 0 23642 CHRIS ALLISON OPERATIONS DIRECTOR 40.00 X 132455 0 6125 357556 0 29767 2 0 1 0 0 9749394 9749394 LOCAL REVENUE 900099 11500 11500 11500 158194 158194 INSURANCE REIMBURSEMEN 900099 16355 16355 16355 9935443 11500 0 174549 X 272068 272068 6306387 5919792 386595 549089 511266 37823 451848 417888 33960 90157 81190 8967 20200 20200 33845 33845 948720 808800 139920 116772 110391 6381 139563 80014 59549 44645 44645 28319 4367 23952 EDUCATIONAL SUPPLIES 417503 377888 39615 40135 11790 28345 9459251 8368031 1091220 0 4829357 713349 4166660 1545710 1719931 28204 1233 80955 313571 595755 253376 234613 342379 6718839 7257123 897234 926750 32576 897234 959326 X 256777 392440 5564828 5905357 5821605 6297797 6718839 7257123 476192 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 240290 43260 197030 355465 210116 145349 342379 9935443 0 9935443 0 9935443 9459251 0 9459251 0 9459251 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S POLICY IS PUBLISHED ON ITS WEBSITE. SCHEDULE E, PART I, LINE 4 THE ITEMS REFERENCED IN QUESTIONS 4B, 4C, AND 4D ARE NOT APPLICABLE. THE ORGANIZATION DOES NOT PROVIDE FINANCIAL ASSISTANCE DIRECTLY OR INDIRECTLY TO STUDENTS. SCHEDULE E, PART I, LINE 6 KI CHARTER ACADEMY OPERATES AS A PUBLIC CHARTER SCHOOL IN TEXAS AND, AS SUCH, RECEIVES REVENUE FROM THE TEXAS EDUCATION AGENCY AND RELATED STATE AND FEDERAL AGENCIES AS ENTITLEMENTS AND/OR GRANTS. X X 0 0 0 0 0 0 0 0 0 DR JERRY LAGER SUPERINTENDENT OF SCHOOLS 225101 0 0 0 0 0 16027 0 7615 0 248743 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE OFFICERS OF THE BOARD SHALL SERVE AS THE MEMBERS OF THE EXECUTIVE COMMITTEE. EXCEPT FOR THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND BYLAWS, THE EXECUTIVE COMMITTEE HAS ALL OF THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, SUBJECT TO THE DIRECTION AND CONTROL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY MEMBERS FOR THEIR REVIEW. ADDITIONALLY, MANAGEMENT IS INVOLVED IN THE REVIEW AND APPROVAL OF FILINGS. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN WRITING TO THE BOARD AS SOON AS HE OR SHE HAS KNOWLEDGE OF IT. THE BOARD THEN GIVES THE INTERESTED PERSON AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS RELATED TO THE CONFLICT. SUCH WRITTEN DISCLOSURE WILL BE MADE PART OF THE BOARD MINUTES. THE DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST OCCURS PRIOR TO ANY CONSIDERATION OF THE PROPOSED TRANSACTION BY THE BOARD. AFTER DISCLOSURE OF THE INTEREST, THE INTERESTED PERSON LEAVES THE BOARD MEETING WHILE A DETERMINATION IS MADE WHETHER A CONFLICT OF INTEREST EXISTS. NO DIRECTOR WILL VOTE ON ANY MATTER IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE SUPERINTENDENT (TOP MANAGEMENT OFFICIAL) IS REVIEWED ANNUALLY BY THE BOARD IN EXECUTIVE SESSION. COMPARABILITY DATA FROM SIMILAR ORGANIZATIONS IS USED TO DETERMINE COMPENSATION, AND THE DECISIONS ARE DELIBERATED AND DOCUMENTED. THE MOST RECENT COMPENSATION REVIEW TOOK PLACE DURING SEPTEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THOSE REQUIRED BY LAW TO BE MADE AVAILABLE TO THE PUBLIC ARE POSTED ON THE ORGANIZATION'S WEBSITE. ALL OTHERS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 41,265. MANAGEMENT AND GENERAL EXPENSES 14,901. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,166. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 455,236. MANAGEMENT AND GENERAL EXPENSES 12,251. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 467,487. EDUCATION SERVICE CENTER SERVICES: PROGRAM SERVICE EXPENSES 15,539. MANAGEMENT AND GENERAL EXPENSES 5,611. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,150. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 296,760. MANAGEMENT AND GENERAL EXPENSES 107,157. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 403,917.