NEW KEY SCHOOL INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- NEW KEY SCHOOL INC (EIN 81-0661502)
- Tax period
- 2021-08-01 to 2022-07-31
- Filed
- 2023-06-23
- IRS object ID
- 202301749349300415
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-06-23T09:51:32-05:00 | ReturnTs |
| Tax Period End | 2022-07-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810661502 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Key School Inc | BusinessNameLine1Txt |
| Business Name Line2 | Key Center for Learning Differences | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Elizabeth Lamb | InCareOfNm |
| Business Name Control | NEWK | BusinessNameControlTxt |
| Phone | 8174463738 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7950 John T White Rd | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76120 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH LAMB | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 8174463738 | PhoneNum |
| Signature | 2023-06-23 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELIZABETH | PersonFirstNm |
| Person Last | LAMB | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Key Center for Learning Differences | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELIZABETH LAMB | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7950 John T White Rd | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76120 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,681,678 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.kcld.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | We support students with learning differences through individualized instruction training and advocacy | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 47 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,354,668 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,613,364 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,686,737 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,063,454 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$302,331 | PYInvestmentIncomeAmt |
| CY Investment Income | -$66,504 | CYInvestmentIncomeAmt |
| PY Other Revenue | $18,647 | PYOtherRevenueAmt |
| CY Other Revenue | $3,000 | CYOtherRevenueAmt |
| PY Total Revenue | $4,757,721 | PYTotalRevenueAmt |
| CY Total Revenue | $3,613,314 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $87,044 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $111,060 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,471,455 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,987,397 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $24,750 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $211,186 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $818,095 | PYOtherExpensesAmt |
| CY Other Expenses | $1,116,410 | CYOtherExpensesAmt |
| PY Total Expenses | $2,376,594 | PYTotalExpensesAmt |
| CY Total Expenses | $3,239,617 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,381,127 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $373,697 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,332,466 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,631,181 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,470,379 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $395,397 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $10,862,087 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,235,784 | NetAssetsOrFundBalancesEOYAmt |
| Mission | NEW KEY SCHOOL IS A FULLY ACCREDITED SPECIAL PURPOSE PRIVATE SCHOOL WHICH EDUCATES STUDENTS WITH SPECIAL LEARNING NEEDS. PROGRAMS INCLUDE A 9-MONTH SCHOOL, SUMMER PROGRAM, AND TRAINING AND OUTREACH. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,515,317 | ExpenseAmt |
| Grant | $110,060 | GrantAmt |
| Revenue | $2,054,443 | RevenueAmt |
| Desc | THE TYPICAL KEY SCHOOL STUDENT IS OF AVERAGE OR ABOVE AVERAGE INTELLIGENCE AND SUFFERS FROM ONE OR MORE LEARNING DIFFERENCES. KEY SCHOOL'S NINE MONTH TERM IS A FULL, RIGOROUS ACADEMIC PROGRAM WITH AN EMPHASIS ON INDIVIDUAL PROGRESSION. OUR AVERAGE 6:1 STUDENT/TEACHER RATIO GIVES OUR STUDENTS THE EDUCATIONAL ADVANTAGE NEEDED TO REACH, AND IN SOME CASES EXCEED THEIR ACADEMIC GOALS. OUR SUMMER PROGRAM IS DESIGNED FOR STUDENTS ENTERING GRADES KINDERGARTEN - 12 WHO STRUGGLE IN SCHOOL OR THOSE WHO NEED BENEFIT OF GETTING AN ACADEMIC BOOST IN THE COMING SCHOOL YEAR. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $154,857 | ExpenseAmt |
| Grant | $1,000 | GrantAmt |
| Revenue | $9,011 | RevenueAmt |
| Desc | Key provides an in-depth multi-sensory structured training program for individuals interested in working with children or adults having dyslexia or related disorders. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,670,174 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 47 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | false | NondeductibleContriDisclInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE NEW KEY SCH INC CO ART CAVAZOS | PersonNm |
| Phone | 8174463738 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7950 John T White Rd | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76120 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|
| ELIZABETH LAMB | |||||||
| Exec Director | 40.00 | Yes (X) | $0 | $0 | $0 | ||
| FANTASY REYNOLDS | |||||||
| President | 20.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MARK ROBERTS | |||||||
| Treasurer | 1.000 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| LEAH RIOS | |||||||
| Secretary | 1.000 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KATIE ROBERTS | |||||||
| Chair Governance | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| TEASHA-LEE A FRATTARELLI | |||||||
| Director | 1.000 | $0 | $0 | $0 | Yes (X) | ||
| RACHEL LANG | |||||||
| Director | 1.000 | $0 | $0 | $0 | Yes (X) | ||
| ELIZABETH MCWHERTER | |||||||
| Director | 1.000 | $0 | $0 | $0 | Yes (X) | ||
| ALLEN HOWETH | |||||||
| Director | 1.000 | $0 | $0 | $0 | Yes (X) | ||
| DAVID CRABTREE | |||||||
| Director | 1.000 | $0 | $0 | $0 | Yes (X) | ||
| MELANIE ROYAL | |||||||
| Exec Director | 40.00 | $46,314 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $46,314 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDY PURVIS | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 509 Fisher Drive | AddressLine1Txt |
| City | Trophy Club | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76262 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Accoounting Services | ServicesDesc |
| Compensation | $116,010 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $38,856 | FundraisingAmt |
| Government Grants | $404,298 | GovernmentGrantsAmt |
| All Other Contributions | $1,170,210 | AllOtherContributionsAmt |
| Noncash Contributions | $19,856 | NoncashContributionsAmt |
| Total Contributions | $1,613,364 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition | 611600 | $2,045,947 | $2,045,947 |
| Books Meals Fees | 611710 | $8,496 | $8,496 |
| Training Outreach | 611710 | $9,011 | $9,011 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,063,454 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,860 | TotalRevenueColumnAmt |
| Exclusion | $1,860 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $68,364 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$68,364 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$68,364 | TotalRevenueColumnAmt |
| Exclusion | -$68,364 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $38,856 | ContriRptFundraisingEventAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,613,314 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,066,454 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$66,504 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,060 | TotalAmt |
| Program Services | $111,060 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,655 | TotalAmt |
| Program Services | $32,000 | ProgramServicesAmt |
| Management And General | $53,325 | ManagementAndGeneralAmt |
| Fundraising | $21,330 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,702,101 | TotalAmt |
| Program Services | $1,547,859 | ProgramServicesAmt |
| Management And General | $93,412 | ManagementAndGeneralAmt |
| Fundraising | $60,830 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,662 | TotalAmt |
| Management And General | $1,662 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,095 | TotalAmt |
| Program Services | $28,271 | ProgramServicesAmt |
| Management And General | $412 | ManagementAndGeneralAmt |
| Fundraising | $412 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,884 | TotalAmt |
| Program Services | $130,289 | ProgramServicesAmt |
| Management And General | $10,792 | ManagementAndGeneralAmt |
| Fundraising | $6,803 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,672 | TotalAmt |
| Program Services | $964 | ProgramServicesAmt |
| Management And General | $4,708 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,454 | TotalAmt |
| Program Services | $54,225 | ProgramServicesAmt |
| Management And General | $81,229 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,750 | TotalAmt |
| Fundraising | $24,750 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,159 | TotalAmt |
| Program Services | $7,352 | ProgramServicesAmt |
| Management And General | $41,807 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,069 | TotalAmt |
| Fundraising | $25,069 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,430 | TotalAmt |
| Program Services | $48,641 | ProgramServicesAmt |
| Management And General | $5,704 | ManagementAndGeneralAmt |
| Fundraising | $7,085 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,223 | TotalAmt |
| Program Services | $104,774 | ProgramServicesAmt |
| Management And General | $37,647 | ManagementAndGeneralAmt |
| Fundraising | $6,802 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,773 | TotalAmt |
| Program Services | $189,215 | ProgramServicesAmt |
| Management And General | $10,279 | ManagementAndGeneralAmt |
| Fundraising | $10,279 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $303 | TotalAmt |
| Program Services | $303 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,973 | TotalAmt |
| Program Services | $214,651 | ProgramServicesAmt |
| Management And General | $11,661 | ManagementAndGeneralAmt |
| Fundraising | $11,661 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,038 | TotalAmt |
| Program Services | $26,192 | ProgramServicesAmt |
| Management And General | $1,423 | ManagementAndGeneralAmt |
| Fundraising | $1,423 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Classroom & Curriculum | $105,256 | $103,491 | $742 | $1,023 |
| Professional Development | $51,524 | $46,025 | $2,500 | $2,999 |
| Capital Campaign Expense | $24,941 | $24,941 | ||
| Merchant & Bank Fees | $14,143 | $12,757 | $693 | $693 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,452 | TotalAmt |
| Program Services | $12,099 | ProgramServicesAmt |
| Management And General | $267 | ManagementAndGeneralAmt |
| Fundraising | $5,086 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,239,617 | TotalAmt |
| Program Services | $2,670,168 | ProgramServicesAmt |
| Management And General | $358,263 | ManagementAndGeneralAmt |
| Fundraising | $211,186 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,603,267 | BOYAmt |
| EOY | $1,299,879 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209 | BOYAmt |
| EOY | $537,952 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,274 | BOYAmt |
| EOY | $122,191 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,897 | BOYAmt |
| EOY | $18,984 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,113 | BOYAmt |
| EOY | $87,378 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,744,612 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $590,103 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,022,418 | BOYAmt |
| EOY | $9,154,509 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $410,288 | BOYAmt |
| EOY | $410,288 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,332,466 | BOYAmt |
| EOY | $11,631,181 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,144,282 | BOYAmt |
| EOY | $66,542 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $237,314 | BOYAmt |
| EOY | $233,855 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,783 | BOYAmt |
| EOY | $95,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,470,379 | BOYAmt |
| EOY | $395,397 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,082,554 | BOYAmt |
| EOY | $10,867,971 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,779,533 | BOYAmt |
| EOY | $367,813 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,862,087 | BOYAmt |
| EOY | $11,235,784 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,332,466 | BOYAmt |
| EOY | $11,631,181 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $373,697 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Org Leg Ctrl | false | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | false | DisclosedForCharitablePrpsInd |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,168,076 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $300,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,466,690 | OtherExpendituresAmt |
| End Year Balance | $1,386 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,196,361 | BeginningYearBalanceAmt |
| Contributions | $170,162 | ContributionsAmt |
| Grants Or Scholarships | $87,044 | GrantsOrScholarshipsAmt |
| Other Expenditures | $111,403 | OtherExpendituresAmt |
| End Year Balance | $7,168,076 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,917,352 | BeginningYearBalanceAmt |
| Contributions | $3,564,827 | ContributionsAmt |
| Grants Or Scholarships | $86,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $199,818 | OtherExpendituresAmt |
| End Year Balance | $7,196,361 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $799,678 | BeginningYearBalanceAmt |
| Contributions | $5,181,997 | ContributionsAmt |
| Grants Or Scholarships | $60,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,004,323 | OtherExpendituresAmt |
| End Year Balance | $3,917,352 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $207,340 | BeginningYearBalanceAmt |
| Contributions | $938,132 | ContributionsAmt |
| Grants Or Scholarships | $196,500 | GrantsOrScholarshipsAmt |
| Other Expenditures | $239,294 | OtherExpendituresAmt |
| End Year Balance | $709,678 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment Balance EOY | 1.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $800,000 | OtherCostOrOtherBasisAmt |
| Book Value | $800,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,386,999 | OtherCostOrOtherBasisAmt |
| Depreciation | $590,103 | DepreciationAmt |
| Book Value | $7,796,896 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $457,166 | OtherCostOrOtherBasisAmt |
| Book Value | $457,166 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $100,447 | OtherCostOrOtherBasisAmt |
| Book Value | $100,447 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,154,509 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $3,570,618 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $68,364 | OtherRevenueAmt |
| Revenue Not Reported | $68,364 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,502,254 | RevenueSubtotalAmt |
| Other Revenues Not Included | $111,060 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $111,060 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,613,314 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,128,557 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $3,128,557 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $111,060 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $111,060 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,239,617 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| P5, Ln 4 | Facility renovation and betterment |
| P10, Ln 2 | Key is exempt from federal income tax and state |
| P10, Ln 2 | franchise tax, and is not a private foundation. |
| P10, Ln 2 | Accordingly no provision for federral income taxes |
| P10, Ln 2 | is included in the accompanying financial statements |
| P11, Ln 4b | Financial aid expense $111,060 |
| P12, Ln 4b | Financial aid expense $111,060 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 3 | FormAndLineReferenceDesc |
| Explanation | The New Key School includes its non-discriminatory policy on all written publications and brochures,all financial aid documents and application forms, as well as on the school's website. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | false | AgrmtProfFundraisingActyInd |
| Licensed States | TX | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Campaign | Event1Nm |
| Gross Receipts Event1 | $38,856 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $37,856 | GrossRevenueEvent1Amt |
| Gross Receipts Total | $38,856 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $37,856 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $37,856 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Financial Aid Tuition | GrantTypeTxt |
| Recipient | 23 | RecipientCnt |
| Non Cash Assistance | $111,060 | NonCashAssistanceAmt |
| Valuation Method Used | book | ValuationMethodUsedDesc |
| Non Cash Assistance | Reduced tuition | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part III Grants | FormAndLineReferenceDesc |
| Explanation | Finaincial aid is provided by reducing tuition cost | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|
| ELIZABETH LAMB | ||
| Exec Director | ||
| FANTASY REYNOLDS | ||
| President | ||
| MARK ROBERTS | ||
| Treasurer | ||
| LEAH RIOS | ||
| Secretary | ||
| KATIE ROBERTS | ||
| Chair Governance | ||
| TEASHA-LEE A FRATTARELLI | ||
| Director | ||
| RACHEL LANG | ||
| Director | ||
| ELIZABETH MCWHERTER | ||
| Director | ||
| ALLEN HOWETH | ||
| Director | ||
| DAVID CRABTREE | ||
| Director | ||
| MELANIE ROYAL | ||
| Exec Director | $46,314 | $46,314 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 8b | There are no committees with authority to act on behalf of the |
| Part VI Line 8b | Board |
| Part VI Line 11b | A draft of the Form 990 is presented to the Board for review. |
| Part VI Line 11b | After approval, the Board passes a motion to accept the Form 990. |
| Part VI Line 12c | Any circumstances which would be considered a conflict |
| Part VI Line 12c | requires disclosure and non participation in a decision. |
| Part VI Line 15a or b | A salary review is conducted comparing pay rates and scales for |
| Part VI Line 15a or b | similar positions at local, state and national levels |
| Part VI Line 19 | These documents are provided to donors, contributors and others |
| Part VI Line 19 | upon request. |
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