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Khan Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261544963 ✦ Mountain view, CA ✦ Designated as a 501(c)(3)

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Overview

What is Khan Academy Inc?

Khan Academy Inc, based in Mountain View, California, is a nonprofit organization dedicated to providing a free, world-class education to learners worldwide. Their platform development team focuses on constructing the web and mobile software that allows access to a personalized, top-tier learning experience in multiple subject areas. In 2022, an average of 11.5 million learners were active on the platform each month in over 100 countries, with approximately 35% of these learners residing outside of the United States. The content is translated into over 50 languages, and the organization continues to enhance its mastery learning features and expand its content library with new subjects, unit tests, and quizzes. With a team of 258 employees, Khan Academy Inc is committed to offering accessible education to anyone, anywhere.


Official website here: www.khanacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 100%

Khan Academy Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating exceptional accountability and financial health. The organization scored 100% in the Accountability & Finance category, showcasing their commitment to transparency, strong governance, and responsible financial practices. Key elements contributing to this score include an independent board, a solid program expense ratio, and the absence of material asset diversions.

User feedback from Great Nonprofits reflects a generally positive perception of Khan Academy, particularly regarding its educational offerings. Many users appreciate the free access to high-quality educational resources, which they believe levels the playing field for students from diverse backgrounds. Reviewers highlight the organization's ability to provide valuable instructional content that complements traditional education, with numerous users expressing gratitude for the service it provides to their families.

However, there are concerns regarding executive compensation, with some reviewers questioning the high salaries of the CEO and COO. Additionally, a few isolated experiences regarding donor rewards, such as T-shirt incentives, have been reported as unsatisfactory. Despite these limitations, the overall sentiment remains largely favorable, emphasizing the impactful educational services offered by Khan Academy.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Khan Academy Inc legitimate?

Khan Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Khan Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $4,309,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,419,632

For more financial information, click here


Official website here: www.khanacademy.org

What is the mission statement of Khan Academy Inc?

Khan Academy Inc provides a free, world-class education to anyone, anywhere. Their platform development team focuses on building software for delivering personalized learning experiences across various subjects, enhancing the platform to rival that of a personal tutor. In the year 2022, an average of 11.5 million learners used the platform monthly in over 100 countries, with approximately 35% located outside the United States. Content is available in over 50 languages. Khan Academy continues to improve their mastery learning features and expand their content library, adding more subjects, unit tests, and quizzes.


Official website here: www.khanacademy.org

Who is the CEO of Khan Academy Inc?

Salman Khan is the Chairman of Khan Academy Inc. The CEO's salary of Khan Academy Inc is $1,174,897 and their total compensation is $1,206,022.


Official website here: www.khanacademy.org

What is the revenue of Khan Academy Inc?

Khan Academy Inc's revenue in 2022 was $53,234,817.


Official website here: www.khanacademy.org

Who are the executives of Khan Academy Inc and what are their salaries?

The average compensation at Khan Academy Inc during 2022 was $142,359. There are 258 employees and 650 volunteers at Khan Academy Inc.


Here are 24 key members and their salaries (Khan Academy Inc's CEO's salary is $1,174,897 and their total compensation is $1,206,022):


Ann Doerr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Feeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Siegel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Manyika (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Overdeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Levesque (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean O'Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salman Khan (Chief Executive Officer)
  • Compensation: $1,174,897
  • Related: $0
  • Other: $31,125
Julia Cowles (Vp General Counsel And Secretary)
  • Compensation: $423,453
  • Related: $0
  • Other: $40,020
Tina Sachs (Treasurer (Thru 9/2/2022))
  • Compensation: $163,682
  • Related: $0
  • Other: $18,434
Julian Roberts (Chief Financial Officer)
  • Compensation: $22,284
  • Related: $0
  • Other: $2,663
Vicki Zubovic (Chief External Relations Officer)
  • Compensation: $522,312
  • Related: $0
  • Other: $22,214
Regina Ross (Chief People Officer)
  • Compensation: $373,273
  • Related: $0
  • Other: $39,747
Paul Morgan (Chief Technology Officer)
  • Compensation: $385,716
  • Related: $0
  • Other: $30,666
Kristen Dicerbo (Chief Learning Officer)
  • Compensation: $376,903
  • Related: $0
  • Other: $22,177
Caroline Flexer (Vp Product, Khan Kids)
  • Compensation: $427,339
  • Related: $0
  • Other: $24,314
Marta Kosarchyn (Chief Technology Officer (Thru 4/8/2022))
  • Compensation: $192,712
  • Related: $0
  • Other: $15,097
Michael Flexer (Chief Architect, Khan Kids)
  • Compensation: $404,877
  • Related: $0
  • Other: $19,308
John Resig (Director Engineering)
  • Compensation: $366,076
  • Related: $0
  • Other: $33,345
Sujata Salem (Director Engineering)
  • Compensation: $340,035
  • Related: $0
  • Other: $23,889
Jason Chancey (Director Engineering)
  • Compensation: $314,670
  • Related: $0
  • Other: $44,105
Kelli Hill (Director Efficacy & Analytics)
  • Compensation: $296,291
  • Related: $0
  • Other: $48,884


Official website here: www.khanacademy.org

Where can I find the form 990 for Khan Academy Inc?

Khan Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.khanacademy.org

Learn more at the official website: www.khanacademy.org

Mission Statement of Khan Academy Inc

Khan Academy Inc, a pioneering educational organization, is dedicated to providing a top-tier, customized learning experience to students across the globe for free. Their mission is to make quality education accessible to anyone, anywhere, breaking down geographical and financial barriers. The platform development team at Khan Academy focuses on constructing the web and mobile software that powers their personalized learning platform, allowing it to deliver a world-class educational experience akin to that of a dedicated, always-available tutor. In the 2022 calendar year, an average of 11.5 million learners engaged with the platform each month, with approximately 35% of these learners located outside of the United States. The content on Khan Academy is translated into over 50 languages, and improvements are consistently made to their mastery learning features and the expanding content library, which now includes a wider range of subjects, unit tests, and quizzes.

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Impact




October, 2024

Khan Academy Inc. has significantly transformed the landscape of education by providing free, high-quality learning resources accessible to anyone, anywhere in the world. Its innovative platform development focuses on creating web and mobile software that offers a personalized learning experience across various subjects. This approach enables learners to benefit from features akin to those of a personal tutor, promoting engagement and mastery of new concepts.

In 2022, an average of 11.5 million learners utilized the platform monthly, with a substantial portion—approximately 35%—coming from outside the United States. This global reach highlights Khan Academy's commitment to breaking down barriers to education. The platform's content is available in over 50 languages, further enhancing accessibility and catering to diverse populations.

The continuous improvements to its mastery learning features and the expansion of its content library reflect Khan Academy's dedication to meeting the evolving needs of learners. By providing resources such as unit tests and quizzes, it empowers students to track their progress effectively, reinforcing their understanding and skills in various subjects. Overall, Khan Academy Inc. plays a pivotal role in democratizing education and fostering lifelong learning for millions around the globe.




This information is meant to be a general summary of Khan Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$53,234,817 (2022)
Expenses
$58,157,502 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $340,623
  • Program Service Revenue: $12,923,384
  • Gross Receipts: $71,620,103

Assets and Liabilities:

  • Total Assets: $105,255,724
  • Total Liabilities: $11,532,697
  • Net Assets: $93,723,027

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPMENT FEES

Revenue

$8,624,584

MAINTENANCE FEES

Revenue

$4,053,334

CONTENT LICENSING FEES

Revenue

$216,666

SPEAKING FEES

Revenue

$28,800

Organization Details

Founding Year

2007

Principal Officer

Salman Khan

Main Address

PO BOX 1630, MOUNTAIN VIEW, CA, 94042

NTEE Category

Code: B99 - Education

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