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The Key School Inc

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

EIN: 520701774 ✦ Annapolis, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Key School Inc?

The Key School Inc is an independent, non-sectarian, non-profit institution based in Annapolis, Maryland. With approximately 664 students, it offers education from preschool through grade 12. The school's mission is founded on the belief that children are naturally curious about themselves and the world. They have a strong desire to learn, discover, and create. The Key School employs a team of 246 individuals dedicated to nurturing this innate curiosity and providing an enriching educational experience.


Official website here: www.keyschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Key School Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. This high score is derived solely from the charity's accountability and finance metrics, which are crucial indicators of a nonprofit's operational efficiency and governance practices.

The organization demonstrates exceptional standards with an independent board comprising 88% members, ensuring diverse oversight. Additional strengths include robust financial oversight, indicated by a perfect score in areas such as audit committee functionality and the absence of material asset diversion. Their commitment to transparency is evident through comprehensive policies on conflict of interest, whistleblower protections, and diligent document retention practices.

However, while the overall financial management is commendable, a deeper analysis of program effectiveness and impact metrics could provide a more rounded view of the organization's performance. The focus on accountability and finance suggests that The Key School Inc prioritizes operational integrity, which is vital for maintaining donor trust and community support.


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

What do the Facebook reviews say about The Key School Inc?

90% of 38 reviewers on Facebook recommend The Key School Inc. Here is a summary of their reviews:

The majority of the reviews express favorable opinions about the nonprofit, highlighting its positive impact and commitment to its mission. Many users appreciate the educational environment and the support provided to students. The organization appears to have a dedicated community that values its services and programs.

However, there is a concerning negative review that raises serious allegations. It's important to approach such claims with caution, as they are not representative of the overall sentiment reflected in the other recommendations. Despite this, the general consensus among reviewers remains predominantly positive, with many endorsing the institution's efforts and initiatives.


This AI summary has been generated from reviews found on Facebook.

Is The Key School Inc legitimate?

The Key School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Key School 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: $613,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,167,968

For more financial information, click here


Official website here: www.keyschool.org

What is the mission statement of The Key School Inc?

The Key School Inc is founded on the belief that children are naturally curious and have an innate desire to learn, discover, and create. They provide education for students from preschool through grade 12, catering to approximately 664 students. The mission of this institution revolves around fostering a learning environment that nurtures students' curiosity and encourages them to explore the world around them. The school is committed to helping students develop a strong foundation for lifelong learning and personal growth. The Key School Inc aims to foster a sense of wonder and inspire students to reach their full potential.


Official website here: www.keyschool.org

Who is the CEO of The Key School Inc?

Matthew Nespole is the Head Of School of The Key School Inc.


Official website here: www.keyschool.org

What is the revenue of The Key School Inc?

The Key School Inc's revenue in 2022 was $23,337,253.


Official website here: www.keyschool.org

Who are the executives of The Key School Inc and what are their salaries?

The average compensation at The Key School Inc during 2022 was $39,761. There are 246 employees and 100 volunteers at The Key School Inc.


Here are 35 key members and their salaries:


Matthew Nespole (Head Of School)
  • Compensation: $405,916
  • Related: $0
  • Other: $69,780
Alanna Wright (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hilbert (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Biche (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Kenneth Kissel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Margaret Adler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Baganz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Baum (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
March K Bishop (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julius Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elyse Colgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leander J Foley Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Glass (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Harrington (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph A Janney Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Channing Martin Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley R Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Kahle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Littman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mapp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Mathias (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Mayer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Mcguirk-Allison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Song Pak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakshmi Sarma Ramani (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
F Michael Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Spangler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Wrage (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Ewing (Director Of Finance & Operations)
  • Compensation: $145,326
  • Related: $0
  • Other: $19,118
Kristen Addison Catlett (Lower School Head)
  • Compensation: $134,478
  • Related: $0
  • Other: $7,258
David Magnus (Middle School Head)
  • Compensation: $134,339
  • Related: $0
  • Other: $31,196
Brian Michaels (Upper School Head)
  • Compensation: $122,338
  • Related: $0
  • Other: $50,839
Stephen Ginter (Director/Advancement)
  • Compensation: $113,540
  • Related: $0
  • Other: $39,997
Thomas Rossini (Director/Enrollment & Outreach)
  • Compensation: $119,041
  • Related: $0
  • Other: $50,571


Official website here: www.keyschool.org

Where can I find the form 990 for The Key School Inc?

The Key School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.keyschool.org

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

Mission Statement of The Key School Inc

The Key School Inc, an independent, non-sectarian, non-profit institution, is founded on the belief that children are inherently curious about themselves and the world. They have an innate desire to learn, discover, and create. The school's mission is geared towards nurturing this natural curiosity in students from preschool to grade 12, approximately 664 in total.

The Key School Inc's educational approach is grounded in the understanding that every child possesses unique talents and abilities. The institution provides an environment that fosters each student's academic, creative, and social growth. By encouraging exploration, critical thinking, and problem-solving skills, the school empowers students to become confident learners and responsible citizens.

The Key School Inc's dedicated faculty members create engaging and dynamic learning experiences, tailored to cater to each student's individual needs. The school offers a comprehensive curriculum, ensuring students receive a well-rounded education encompassing various subjects, arts, and athletics. Through this nurturing environment, The Key School Inc enables students to develop their potential and build a strong foundation for their future.

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Impact




October, 2024

The Key School Inc significantly impacts the educational landscape by providing a comprehensive learning environment for students from preschool through grade 12. With an enrollment of approximately 664 students, it fosters a culture of curiosity and discovery, underpinned by the belief that children are inherently motivated to learn and explore.

Located in Annapolis, Maryland, the school emphasizes a non-sectarian and independent approach, allowing for a diverse and inclusive educational experience. This commitment to nurturing students' innate curiosity drives innovative teaching methods that encourage creativity and critical thinking. Ultimately, The Key School equips its students with the skills and knowledge necessary to thrive in an ever-changing world, positively influencing their academic journeys and personal development.




This information is meant to be a general summary of The Key School 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
$23,337,253 (2022)
Expenses
$21,646,324 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $495,297
  • Program Service Revenue: $19,792,272
  • Gross Receipts: $23,444,833

Assets and Liabilities:

  • Total Assets: $65,331,950
  • Total Liabilities: $31,905,662
  • Net Assets: $33,426,288

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Programs

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

TUITION & FEES

Revenue

$19,121,133

SUMMER PROGRAMS

Revenue

$671,139

Organization Details

Founding Year

1959

Principal Officer

Matthew Nespole

Main Address

534 HILLSMERE DR, ANNAPOLIS, MD, 21403

NTEE Category

Code: B200 - Education

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