Key School Inc

Organization Overview

Key School Inc is located in Annapolis, MD. The organization was established in 1962. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Key School Inc employed 246 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Key School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Key School Inc generated $23.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $21.6m during the year ending 06/2022. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

INDEPENDENT, NON-SECTARIAN, NON-PROFIT, PK - GRADE 12 SCHOOL

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES EDUCATION FOR STUDENTS FROM PRESCHOOL THROUGH GRADE 12, APPROXIMATELY 664 STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brightview Landscape Services
Landscaping Services
$219,144
Clean Net Of Baltimore Washington
Cleaning Service Providers
$412,508
Brock Food Service
Food Service Provider
$108,847
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$91,850
Related organizations$0
Government grants $1,264,875
All other contributions, gifts, grants, and similar amounts not included above$1,619,837
Noncash contributions included in lines 1a–1f $12,633
Total Revenue from Contributions, Gifts, Grants & Similar$2,976,562
Total Program Service Revenue$19,792,272
Investment income $495,297
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $33,575
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$4,252
Net Income from Gaming Activities $15,147
Net Income from Sales of Inventory $2,543
Miscellaneous Revenue$0
Total Revenue $23,337,253

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Key School Inc has recieved totaling $259,475.

Awarding OrganizationAmount
Fusco Family Foundation Inc

Houston, TX

PURPOSE: GENERAL FUND

$126,000
Suzanne & David Jackson Foundation

Annapolis, MD

PURPOSE: GENERAL OPERATIONS

$40,000
$33,750
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$25,000
$11,500
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$19,459,963
Earnings-$2,073,493
Net Contributions$118,700
Other Expense$25,723
Ending Balance$17,479,447

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