Kinkaid School Inc
- Assets
- $122.0m
- Revenue
- $52.1m
- Investments
- $0.0
- Employees
- 514
- Location
- Houston, TX
- Founding
- 07/1990
- Data as of
- 07/2021
- EIN
- 76-0295523
Organization Overview
Kinkaid School Inc is located in Houston, TX. The organization was established in 1990. 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 07/2021, Kinkaid School Inc employed 514 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kinkaid 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 07/2021, Kinkaid School Inc generated $52.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $55.3m during the year ending 07/2021. While expenses have increased by 4.3% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE KINKAID SCHOOL PROVIDES INSTRUCTION TO APPROX. 1,460 STUDENTS FROM PRE-K THROUGH GRADE 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF CHILDREN - PRE-KINDERGARTEN THROUGH GRADE 12 - THE PRIMARY GOALS OF KINKAID ARE INTELLECTUAL ENDEAVOR AND ACHIEVEMENT. THE SCHOOL ALSO BELIEVES THAT A WELL-ROUNDED EDUCATION INCLUDES EXPERIENCES IN THE ARTS, ATHLETICS, AND A VARIETY OF EXTRA-CURRICULAR ACTIVITIES. KINKAID FURTHER BELIEVES THAT EVERY STUDENT IS AND WILL CONTINUE TO BE PART OF A COMMUNITY AND, THEREFORE, SEEKS TO STRENGTHEN HIS OR HER MORAL RESPONSIBILITY AND SERVICE TO IT. TO THAT END, THE SCHOOL ACTIVELY PROMOTES HONESTY, RESPECT, RESPONSIBILITY, AND KINDNESS. KINKAID ALSO BELIEVES THAT PARTICIPATION OF PARENTS IN THEIR CHILDREN'S EDUCATION IS ESSENTIAL TO ACCOMPLISHING ITS MISSION. THE SCHOOL MAKES EVERY ATTEMPT TO INFORM THEM OF THE SCHOOL'S PURPOSES AND GOALS, AND EXPECTS THEIR STRONG SUPPORT IN THE PURSUIT OF THESE AIMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Trusty Jr President & Hos (to June 2020) | 0 | $500,601 | |
Jonathan Eades President & Head Of School | Officer | 40 | $441,743 |
Joanne Margraves CFO | Officer | 40 | $296,156 |
Thomas J Moore Advancement Director | Officer | 40 | $260,707 |
Krista L Babine Lower School Head | Officer | 40 | $206,530 |
David Holm Athletics Director | Officer | 40 | $190,762 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sage Dining Services Food Services | 7/30/21 | $1,133,765 |
Professional Janitorial Services Janitorial | 7/30/21 | $365,618 |
Studio Red Architects Architecture | 7/30/21 | $2,131,962 |
Pappas Consulting Group Consulting | 7/30/21 | $361,422 |
Jones & Associates Consulting Consulting | 7/30/21 | $232,949 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $482,398 |
| Related organizations | $4,052,559 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,521,444 |
| Noncash contributions included in lines 1a–1f | $10,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,056,401 |
| Total Program Service Revenue | $44,088,975 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,018 |
| Net Income from Fundraising Events | -$36,645 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,090,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,400 |
| Grants and other assistance to domestic individuals. | $4,288,593 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,950,756 |
| Compensation of current officers, directors, key employees. | $1,376,258 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,006,287 |
| Pension plan accruals and contributions | $1,263,194 |
| Other employee benefits | $2,986,714 |
| Payroll taxes | $1,878,352 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $142,545 |
| Fees for services: Accounting | $67,403 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $844,566 |
| Advertising and promotion | $0 |
| Office expenses | $564,097 |
| Information technology | $1,437,513 |
| Royalties | $0 |
| Occupancy | $3,239,845 |
| Travel | $436,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $86,937 |
| Interest | $237,280 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,031,291 |
| Insurance | $463,204 |
| All other expenses | $272,247 |
| Total functional expenses | $55,303,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,954,569 |
| Savings and temporary cash investments | $27,282,746 |
| Pledges and grants receivable | $2,859,601 |
| Accounts receivable, net | $444,891 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,540,841 |
| Net Land, buildings, and equipment | $82,890,331 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,069,391 |
| Total assets | $122,042,370 |
| Accounts payable and accrued expenses | $1,280,668 |
| Grants payable | $0 |
| Deferred revenue | $28,321,465 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,008,545 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,309,511 |
| Total liabilities | $35,920,189 |
| Net assets without donor restrictions | $78,868,916 |
| Net assets with donor restrictions | $7,253,265 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $122,042,370 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Kinkaid School Inc has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Monteleone Family Foundation New Orleans, LA PURPOSE: GENERAL DONATION | $10,000 |
Krips Family Foundation Houston, TX PURPOSE: SUPPORT K-12 EDUCATION | $1,500 |
Mary B & James K Jennings Charitable Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $500 |
W James And Jane K Truettner Foundation Crested Butte, CO PURPOSE: GENERAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $103,828,321 |
| Earnings | $23,464,959 |
| Net Contributions | $975,548 |
| Grants | $4,052,559 |
| Ending Balance | $124,216,269 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspirenola Charter Schools New Orleans, LA | $22,382,887 | $74,884,221 |
Kinkaid School Inc Houston, TX | $122,042,370 | $52,090,713 |
St Johns School Houston, TX | $423,318,238 | $58,605,665 |
Hockaday School Dallas, TX | $327,432,445 | $61,281,462 |
Trinity Basin Preparatory Inc Grand Prairie, TX | $147,305,445 | $57,426,553 |
Greenhill School Addison, TX | $147,490,301 | $53,613,950 |
St Marks School Of Texas Dallas, TX | $307,638,954 | $39,530,532 |
Tlc Academy San Angelo, TX | $61,295,304 | $42,259,776 |
Episcopal School Of Dallas Inc Dallas, TX | $115,874,541 | $40,283,303 |
John Cooper School The Woodlands, TX | $108,804,128 | $40,380,579 |
Fort Worth Country Day School Inc Fort Worth, TX | $119,263,068 | $39,582,011 |
Faith Family Kids Inc Desoto, TX | $30,662,985 | $39,123,210 |