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Ki Education Foundation

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

EIN: 462295875 ✦ San marcos, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ki Education Foundation?

Ki Education Foundation, doing business as Ki Charter Academy, is a charter school situated in San Marcos, Texas. Their primary focus and mission revolve around education, aiming to provide quality learning opportunities for their students. Although the description is brief, it implies that Ki Charter Academy is a nonprofit organization committed to contributing positively to the educational landscape in San Marcos, TX.


Official website here: www.kicharter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)

Ki Education Foundation, operating as Ki Charter Academy, has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. Notably, the organization has a perfect score in various critical areas such as having a majority of independent board members, effective financial oversight, and transparent operational policies. Such a high rating underscores the foundation's commitment to responsible governance and effective use of resources.

The organization allocates a significant portion of its funds towards its programs, with a program expense ratio of over 90%. This suggests a strong focus on fulfilling its mission and delivering impact within the community it serves. The absence of reported financial mismanagement or significant asset diversion further adds to its credibility and trustworthiness as a nonprofit entity.

However, it is important to note that while Ki Charter Academy has received top marks for accountability, it has not been evaluated in areas such as impact and measurement, culture and community, and leadership and adaptability. This indicates that further insights into the organization's effectiveness in achieving its mission and fostering a positive organizational culture may still be needed.

Not Available


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

Is Ki Education Foundation legitimate?

Ki Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ki Education Foundation 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: $200,449
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,552,889

For more financial information, click here


Official website here: www.kicharter.org

What is the mission statement of Ki Education Foundation?

Ki Charter Academy, operated by Ki Education Foundation, is dedicated to its mission of providing education. The school prioritizes teaching and learning, aiming to foster a conducive environment for students' academic growth. The foundation's mission statement, in essence, emphasizes the significance of education as the core focus of Ki Charter Academy.


Official website here: www.kicharter.org

Who is the CEO of Ki Education Foundation?

Dr Lura Davidson is the Board President of Ki Education Foundation.


Official website here: www.kicharter.org

What is the revenue of Ki Education Foundation?

Ki Education Foundation's revenue in 2023 was $9,375,625.


Official website here: www.kicharter.org

Who are the executives of Ki Education Foundation and what are their salaries?

The average compensation at Ki Education Foundation during 2023 was $43,586. There are 132 employees and 3 volunteers at Ki Education Foundation.


Here are 6 key members and their salaries:


Dr Jerry Lager (Superintendent)
  • Compensation: $168,602
  • Related: $0
  • Other: $31,847
Dr Rosina Valle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lura Davidson (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Toni Sauncy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mack Wigley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Cordero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kicharter.org

Where can I find the form 990 for Ki Education Foundation?

Ki Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kicharter.org

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

Mission Statement of Ki Education Foundation

Ki Education Foundation, operating under the name Ki Charter Academy, is a charter school that is dedicated to the realm of education. Their mission, in simple terms, is centered around providing quality education. The organization, with its focus on academic growth, aims to foster a learning environment that caters to the needs of its students in San Marcos, Texas. Ki Charter Academy's mission is deeply rooted in the belief that education is a fundamental right and key to unlocking a brighter future for all its students.

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Impact




July, 2024

Ki Charter Academy in San Marcos, TX has a significant impact on the community by providing quality education through its charter school program. It serves as a valuable resource for students in the area, helping to shape young minds and prepare them for future success. The academy's mission of education is evident in its dedicated efforts to support students in their academic and personal growth, contributing positively to the local educational landscape.




This information is meant to be a general summary of Ki Education Foundation. 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
$9,375,625 (2023)
Expenses
$8,166,850 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $88,971
  • Program Service Revenue: $11,516
  • Gross Receipts: $9,375,625

Assets and Liabilities:

  • Total Assets: $6,718,839
  • Total Liabilities: $897,234
  • Net Assets: $5,821,605

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Programs

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

Local Revenue

Revenue

$11,516

Organization Details

Founding Year

2013

Principal Officer

Dr Lura Davidson

Main Address

120 Bert Brown Street, San Marcos, TX, 78666

NTEE Category

Code: B25 - Education

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