2016-01-19T07:01:18-06:00 2015-07-31 752947680 The Walton Group LLC 6100 Southwest Blvd 400 Fort Worth TX 76109 990 2014-08-01 810661502 THE NEW KEY SCHOOL NEWK 8174463738 3947 EAST LOOP 820 SOUTH FORT WORTH TX 761194338 KERRI BENSON SCHOOL DIRECTOR 8174463738 2016-01-19 1 Mark L Walton P00194495 8177311155 2014 2016-04-25 22:37:26Z Kerri Benson 3947 EAST LOOP 820 SOUTH FORT WORTH TX 761194338 2405624 0 X N/A X 2004 TX 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. 15 15 64 20 0 0 326527 289255 1957390 2069799 0 271 10554 26802 2294471 2386127 0 0 0 0 1589538 1644061 0 0 71416 542957 623979 2132495 2268040 161976 118087 1558575 2153116 307326 783780 1251249 1369336 KEY SCHOOL IS A FULLY ACCREDITED SPECIAL PURPOSE PRIVATE SCHOOL WHICH EDUCATES STUDENTS WITH SPECIAL LEARNING NEEDS IN GRADES 1 - 12. THE SCHOOL OPERATES A REGULAR NINE MONTH SCHOOL AND A SUMMER PROGRAM. 0 0 1407977 2069799 THE SCHOOL WHICH PROVIDES SPECIALIZED CURRICULUM, TEACHING METHODOLOGIES, AND OTHER PROPRIETARY INFORMATION TO PROVIDE ONGOING EDUCATION TO STUDENTS IN KINDERGARTEN THROUGH 12TH GRADE. 1407977 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 3 0 1 64 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHELLE MCBRIDE 8174463738 3947 E LOOP 820 S FORT WORTH TX 761194338 X PLATT ALLEN III PRESIDENT 2.50 X X 0 0 0 KAY WADE VICE PRESIDENT 2.50 X X 0 0 0 ALSTON ROBERTS SECRETARY/TREASURER 2.50 X X 0 0 0 KELLY FEIK CPA DIRECTOR 2.00 X 0 0 0 BETSY GRIFFITH DIRECTOR 2.00 X 0 0 0 ALLAN HOWETH DIRECTOR 2.00 X 0 0 0 CLAYTON ODOM DIRECTOR 2.00 X 0 0 0 JOHN RICHARDSON MD DIRECTOR 2.00 X 0 0 0 GEORGE RUNNION CPA DIRECTOR 2.00 X 0 0 0 JEAN SCOTT DIRECTOR 2.00 X 0 0 0 SAM SMART DIRECTOR 2.00 X 0 0 0 CLAUDIA STEPP DIRECTOR 2.00 X 0 0 0 WANDA STOVALL DIRECTOR 2.00 X 0 0 0 CATHY BROWN DIRECTOR 2.00 X 0 0 0 MITCHELL MOSES DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 16000 273255 289255 TUITION 611600 1911721 1911721 BOOKS, MEALS & FEES 611710 158078 158078 2069799 271 271 44281 16000 19497 24784 24784 MISCELLANEOUS REVENUE 900099 2018 2018 2018 2386127 2072088 0 24784 74664 74664 1449883 967277 416334 66272 1171 993 178 118343 75085 38114 5144 26453 26453 15762 15762 22597 22597 69947 69947 42471 42471 154524 123619 30905 1398 1398 1297 1297 12979 12979 17662 17662 CLASSROOM MATERIALS 83301 83301 DIETARY 58006 58006 STUDENT ACTIVITIES 46294 46294 STRATEGIC PLANNING 32660 32660 38628 20742 17886 2268040 1407977 788647 71416 531079 653733 250987 672333 1259 4821 14478 12939 207792 115061 100545 92731 170625 546263 489602 170296 1558575 2153116 1829 39154 305497 367338 377288 307326 783780 X 797541 1199040 453708 170296 1251249 1369336 1558575 2153116 118087 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 106215 31106 75109 83698 67909 15789 17879 16046 1833 92731 RESTRICTED CASH 170296 170296 X 2405624 19497 19497 2386127 0 2386127 2287537 19497 19497 2268040 0 2268040 Part X, Line 2: THE SCHOOL BELIEVES THAT 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, 2015. THE SCHOOL'S FEDERAL TAX RETURNS, U.S. RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990), ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY THREE YEARS AFTER THEY ARE FILED. Part XI, Line 2d - Other Adjustments: AUCTION COSTS NETTED AGAINST AUCTION INCOME 19,497. Part XII, Line 2d - Other Adjustments: AUCTION COSTS NETTED AGAINST AUCTION INCOME 19,497. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 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. AUCTION 60281 16000 44281 9706 9791 60281 16000 44281 9706 9791 19497 24784 X X X 0 0 0 0 0 0 0 0 0 MARY ANN KEY PURCHASE OF INTANGIBLE ASSETS X 377288 377288 0 1 1 377288 CLAYTON ODOM BOARD MEMBER 20000 SUBSTANTIAL CONTRIBUTIONS ARE PROVIDED BY SOME BOARD MEMBERS. 0 SAM SMART BOARD MEMBER 10000 SUBSTANTIAL CONTRIBUTIONS ARE PROVIDED BY SOME BOARD MEMBERS. 0 Form 990, Part VI, Section B, line 11 KEY SCHOOL ADMINISTRATORS EMAIL COPIES OF THE AUDIT REPORT, AUDITOR'S LETTERS TO MANAGEMENT AND THE BOARD, AND COPIES OF THE 990 TO BOARD MEMBERS PRIOR TO FILING. ANY CONCERNS ARE THEN DISCUSSED, ADDRESSED AND REPORTED AS NECESSARY. Form 990, Part VI, Section B, line 12c KEY SCHOOL ADMINISTRATORS MONITOR ANY CIRCUMSTANCES WHICH COULD BE CONSIDERED AS A CONFLICT OF INTEREST ACCORDING TO THE WRITTEN POLICY AND ENSURES THAT SUCH INSTANCES ARE REPORTED TO MEMBERS OF THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 15 DURING THE LAST ISSUANCE OF THE DIRECTOR'S EMPLOYMENT CONTRACT, A SALARY REVIEW WAS CONDUCTED THAT COMPARED PAY RATES AND SCALES FOR SIMILAR POSITIONS AT BOTH A LOCAL AND NATIONAL LEVEL. THE PAY RATE THAT WAS ESTABLISHED WAS 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. Form 990, Part VI, Section C, line 18 THE SCHOOL PROVIDES SUCH DOCUMENTATION TO POTENTIAL DONORS, CONTRIBUTORS AND OTHERS UPON REQUEST. AN ANNUAL REPORT IS ALSO PUBLISHED, WHICH INCLUDES FINANCIAL DATA. Form 990, Part VI, Section C, line 19 THE SCHOOL PROVIDES SUCH DOCUMENTATION TO POTENTIAL DONORS, CONTRIBUTORS AND OTHERS UPON REQUEST. AUDIT OVERSIGHT THE BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS EACH YEAR, AND THERE HAVE BEEN NO CHANGES IN THIS PROCESS DURING THE CURRENT YEAR.