Keys Family Day School Inc
- Assets
- $33.3m
- Revenue
- $15.7m
- Investments
- $0.0
- Employees
- 99
- Location
- Palo Alto, CA
- Founding
- 07/1974
- Data as of
- 06/2021
- EIN
- 94-2240127
Organization Overview
Keys Family Day School Inc, operating under the name Keys School, is located in Palo Alto, CA. The organization was established in 1974. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Keys School employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Keys School 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 06/2021, Keys School generated $15.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $14.0m during the year ending 06/2021. While expenses have increased by 4.4% 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
KEYS FAMILY DAY SCHOOL IS AN INDEPENDENT, CO-EDUCATIONAL, NONSECTARIAN DAY SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KEYS SCHOOL CHALLENGES STUDENTS TO DEVELOP A KEEN INTELLECT AND A GENEROUS SPIRIT, TO ADVOCATE FOR THEMSELVES AND OTHERS, AND TO HONOR CURIOSITY AND REFLECTION IN AN INCREASINGLY HURRIED WORLD.THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER THE PROVISIONS OF 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY.THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT, AS OF JUNE 30, 2021 AND 2020, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Rogers Head Of School | OfficerTrustee | 40 | $341,845 |
Katherine Atmore Dir Community Engagement | Officer | 40 | $193,826 |
Elizabeth Doss Lower School Head | 40 | $189,806 | |
Larry Purcell Middle School Head | 40 | $175,534 | |
Ryan Matyjasik Dir Of Technology | 40 | $148,323 | |
Steven Smith Dir. Of Finance And Ops (thru 05/20) | Officer | 40 | $130,931 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Naturalists At Large Outdoor Education Provider | 6/29/19 | $177,190 |
Student Transportation Of America #555 School Bus | 6/29/19 | $112,579 |
Hines Services Inc Maintenance & Janitorial Services | 6/29/19 | $183,990 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $208,575 |
| Related organizations | $0 |
| Government grants | $1,340,929 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,100,948 |
| Noncash contributions included in lines 1a–1f | $93,029 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,650,452 |
| Total Program Service Revenue | $11,972,100 |
| Investment income | $105,974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,085 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,731,611 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $749,830 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $671,391 |
| Compensation of current officers, directors, key employees. | $425,621 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,864,100 |
| Pension plan accruals and contributions | $514,353 |
| Other employee benefits | $779,023 |
| Payroll taxes | $601,424 |
| Fees for services: Management | $340,773 |
| Fees for services: Legal | $56,307 |
| Fees for services: Accounting | $40,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $147,594 |
| Advertising and promotion | $14,688 |
| Office expenses | $250,371 |
| Information technology | $50,262 |
| Royalties | $0 |
| Occupancy | $932,403 |
| Travel | $296 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,453 |
| Interest | $186,107 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $564,861 |
| Insurance | $63,426 |
| All other expenses | $1,254 |
| Total functional expenses | $13,967,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,384 |
| Savings and temporary cash investments | $2,280,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,691,261 |
| 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 | $48,858 |
| Net Land, buildings, and equipment | $15,352,298 |
| Investments—publicly traded securities | $6,452,915 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,258,594 |
| Accounts payable and accrued expenses | $1,154,380 |
| Grants payable | $0 |
| Deferred revenue | $11,075,208 |
| Tax-exempt bond liabilities | $4,122,567 |
| Escrow or custodial account liability | $0 |
| 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 | $313,901 |
| Total liabilities | $16,666,056 |
| Net assets without donor restrictions | $13,919,661 |
| Net assets with donor restrictions | $2,672,877 |
| 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 | $33,258,594 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Keys Family Day School Inc has recieved totaling $722,178.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $395,094 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $167,207 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $75,000 |
Impactassets Inc Bethesda, MD PURPOSE: FOR THE FACULTY, COMPENSATION, GROWTH FUND! | $30,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $20,000 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $16,091 |
Endowment Analysis
| Beg. Balance | $2,396,565 |
| Earnings | $571,404 |
| Net Contributions | $618,455 |
| Ending Balance | $3,586,424 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Parent Centers Inc Tucson, AZ | $16,878,130 | $37,963,883 |
Los Angeles Universal Preschool Los Angeles, CA | $9,025,179 | $26,158,862 |
Kamaaina Care Inc Kailua, HI | $16,893,608 | $29,363,431 |
Plaza De La Raza Child Development Services Inc City of Industry, CA | $2,591,767 | $20,694,793 |
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Hanalani Schools Mililani, HI | $23,961,358 | $16,139,886 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |
Vacaville Christian Academy Vacaville, CA | $16,291,223 | $10,950,312 |
Renu Hope Foundation Beaumont, CA | $4,671,347 | $11,223,542 |