Overview
What is Khan Lab School?
Khan Lab School, established in 2014 by Salman "Sal" Khan, the founder of Khan Academy, is a nonprofit educational institution located in Mountain View, California. The school is committed to research-driven instruction and fostering innovation in education as a laboratory school. Leveraging technology through its association with Khan Academy, Khan Lab School personalizes the learning experience, offering a full-year, full-day, mastery-based program without the use of letter grades. The school emphasizes finding the right balance between guidance and autonomous learning, catering to students from kindergarten to 12th grade. With a focus on empowering each student to navigate their individual learning journey, Khan Lab School serves as a community dedicated to nurturing lifelong learners.
Official website here: www.khanlabschool.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 81% (Three-Star out of Four Stars)**tar)**
Khan Lab School has received an 81% rating from Charity Navigator, reflecting a solid level of accountability and financial management. The score is derived entirely from their Accountability & Finance metrics, indicating strong governance practices. The organization boasts a fully independent board and has received high marks in areas such as financial oversight, documentation practices, and compliance with policies.
However, the organization faces challenges in its financial ratios, particularly with a liabilities-to-assets ratio of 82.70%, which suggests it may have a higher level of debt relative to its assets. Despite this, a significant portion of its expenses are directed towards programs, with an impressive program expense ratio of 85.35%. Additionally, certain beacons such as Impact & Measurement, Culture & Community, and Leadership & Adaptability have not yet been scored, indicating potential areas for improvement in assessing overall effectiveness.
User reviews from GreatNonprofits could not be retrieved at this time, leaving an incomplete picture of community sentiment surrounding the organization. Overall, while Khan Lab School demonstrates a commitment to accountability and effective financial practices, it has room for growth in its financial health and impact assessment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Khan Lab School?
92% of 10 reviewers on Facebook recommend Khan Lab School. Here is a summary of their reviews:
The overwhelming sentiment reflects strong confidence in the leadership and overall quality of education provided at the school. One reviewer specifically highlighted the capabilities and compassion of the school's leader, Rachel Skiffer, praising her expertise and insight as key strengths that enhance the educational experience.
Overall, the reviews indicate a positive perception of Khan Lab School, with supporters appreciating the dedication and values embodied by its leadership. The general consensus is that the school is committed to delivering a high-quality educational environment.
This AI summary has been generated from reviews found on Facebook.
Is Khan Lab School legitimate?
Khan Lab School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Khan Lab School 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: $632,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,542,973
For more financial information, click here
Official website here: www.khanlabschool.org
What is the mission statement of Khan Lab School?
The Khan Lab School, a learning community, empowers each student to chart their own educational journey. Established in 2014, the school is inspired by Salman Khan's vision for education as outlined in "The One World Schoolhouse: Education Reimagined." As a research-driven institution, it strives to innovate in education, leveraging technology from Khan Academy to personalize learning experiences. The school operates as a full-year, full-day program, focusing on mastery instead of letter grades. The pace of mastery varies for each student, with a balance struck between guided learning and independent exploration. The Khan Lab School caters to students from kindergarten to twelfth grade.
Official website here: www.khanlabschool.org
Who is the CEO of Khan Lab School?
Salman Khan is the Chairman of Khan Lab School.
Official website here: www.khanlabschool.org
What is the revenue of Khan Lab School?
Khan Lab School's revenue in 2022 was $8,924,437.
Official website here: www.khanlabschool.org
Who are the executives of Khan Lab School and what are their salaries?
The average compensation at Khan Lab School during 2022 was $51,546. There are 81 employees and 4 volunteers at Khan Lab School.
Here are 10 key members and their salaries:
- Compensation: $460,393
- Related: $0
- Other: $24,674
- Compensation: $285,155
- Related: $0
- Other: $31,940
- Compensation: $132,175
- Related: $0
- Other: $13,806
- Compensation: $133,050
- Related: $0
- Other: $0
- Compensation: $117,599
- Related: $0
- Other: $8,283
- Compensation: $103,588
- Related: $0
- Other: $10,453
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.khanlabschool.org
Where can I find the form 990 for Khan Lab School?
Khan Lab School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.khanlabschool.org
Learn more at the official website: www.khanlabschool.org
Mission Statement of Khan Lab School
Khan Lab School is a community of learners dedicated to empowering each student to navigate their own educational path. Established in 2014, the school is rooted in the vision for education articulated in Salman "Sal" Khan's book, "The One World Schoolhouse: Education Reimagined." As a laboratory school, Khan Lab School is committed to research-based instruction and innovation in education. Thanks to its association with Khan Academy, the school leverages technology to personalize the learning experience. Khan Lab School offers a full-year, full-day, mastery-based program without the burden of letter grades. The school's constant is mastery, and the variable is the time it takes for each student to achieve it. Khan Lab School strives to find the right balance between hands-on guidance and space for autonomous learning, serving students from kindergarten through twelfth grade.
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Impact
July, 2024
Khan Lab School's impact lies in its innovative approach to education, empowering students to navigate their own paths to mastery. Founded by Salman "Sal" Khan in 2014, the school is dedicated to research-based instruction and pushing the boundaries of educational innovation. By leveraging technology and a mastery-based program, Khan Lab School offers a personalized learning experience without the constraints of traditional letter grades.
Through its K-12 program in Mountain View, CA, Khan Lab School provides a learning environment that values mastery over speed, allowing each student to progress at their own pace. By balancing hands-on guidance with space for autonomous learning, the school nurtures a community of learners who are prepared to succeed in a rapidly changing world.
In summary, Khan Lab School's impact can be seen in its commitment to empowering students, fostering personalized learning, and driving innovation in education.
This information is meant to be a general summary of Khan Lab School. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $7,648,430
- Gross Receipts: $8,943,921
Assets and Liabilities:
- Total Assets: $12,219,240
- Total Liabilities: $8,656,512
- Net Assets: $3,562,728
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$205,553
STUDENT PROGRAMS
Revenue
$66,936
TUITION
Revenue
$7,375,941
Organization Details
Founding Year
2014
Phone
(650) 489-0071Principal Officer
Salman Khan
Main Address
1200 Villa Street Suite 100, Mountain View, CA, 94041
Website
www.khanlabschool.orgNTEE Category
Code: B20 - Education
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