Overview
What is Keys Family Day School Inc?
Keys Family Day School Inc is a non-sectarian, co-educational day school located at 2890 Middlefield Road, Palo Alto, CA 94306. It is a qualified organization exempt from federal and California income taxes under sections 501(c)(3) and 23701(d), respectively. The school fosters intellectual growth and cultivates generosity in its students. Keys Family Day School challenges students to advocate for themselves and others, while encouraging curiosity and reflection in a rapidly paced world. With a team of 92 employees, the institution supports the development of its students in a nurturing and inclusive environment.
Official website here: www.keysschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 87% - Three-Star out of Four Star Rating
Keys Family Day School Inc has received a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization scored an impressive 87% in its overall accountability and finance score, indicating a solid foundation of governance and financial responsibility. Notably, it boasts an independent board with 100% of its members being independent, which enhances its transparency and oversight.
The organization has demonstrated effective financial management, with a high program expense ratio of 69.16%, indicating that a significant portion of its budget is directed towards its mission-related activities. Additionally, the absence of material diversion of assets and the presence of essential policies, such as conflict of interest and whistleblower policies, further bolster its credibility and operational integrity.
However, while the financial ratios suggest a stable organization, the liabilities to assets ratio of 55.43% indicates that more than half of its assets are financed by liabilities, which could be a point of concern. Overall, Keys Family Day School Inc displays strong governance and a commitment to its mission, but potential donors may want to consider its financial leverage when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Keys Family Day School Inc legitimate?
Keys Family Day School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keys Family Day 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: $1,242,596
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,125,790
For more financial information, click here
Official website here: www.keysschool.org
What is the mission statement of Keys Family Day School Inc?
Keys Family Day School Inc inspires students to cultivate a sharp intellect and a compassionate attitude. The educational institution encourages students to speak up for themselves and others, fostering an environment that values curiosity and reflection in the face of a fast-paced world. Exempt from federal and California income taxes under sections 501(c)(3) and 23701(d), respectively, the school does not hold any significant tax positions requiring a reserve as of June 30, 2022, and 2021.
Official website here: www.keysschool.org
What is the revenue of Keys Family Day School Inc?
Keys Family Day School Inc's revenue in 2023 was $15,548,518.
Official website here: www.keysschool.org
Who are the executives of Keys Family Day School Inc and what are their salaries?
The average compensation at Keys Family Day School Inc during 2023 was $98,452. There are 85 employees and 250 volunteers at Keys Family Day School Inc.
Here are 28 key members and their salaries:
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- Other: $23,968
Official website here: www.keysschool.org
Where can I find the form 990 for Keys Family Day School Inc?
Keys Family Day School Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.keysschool.org
Learn more at the official website: www.keysschool.org
Mission Statement of Keys Family Day School Inc
Keys Family Day School, a nonsectarian educational institution, inspires students to cultivate a sharp intellect and a compassionate spirit. Located in California, this independent day school encourages its students to advocate for themselves and others, valuing the importance of curiosity and reflection in our fast-paced world. The school's mission challenges the youth to grow into well-rounded individuals, honing their potential to the fullest. Keys Family Day School is 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. As of June 30, 2022, and 2021, the school has evaluated its tax positions and determined that it does not hold any significant tax positions requiring a reserve.
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Impact
October, 2024
Keys Family Day School Inc fosters a nurturing environment that encourages students to cultivate a keen intellect and a generous spirit. By promoting advocacy for themselves and others, the school empowers students to become confident individuals with a sense of responsibility. The emphasis on curiosity and reflection allows students to engage deeply with their learning and personal growth in a fast-paced world. This holistic approach not only enhances academic achievement but also instills values that contribute to social awareness and community involvement, shaping well-rounded citizens who are prepared to navigate the complexities of modern life. Through its educational philosophy, Keys Family Day School makes a lasting impact on the lives of its students and the broader community.
This information is meant to be a general summary of Keys Family Day 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $190,835
- Program Service Revenue: $13,444,236
- Gross Receipts: $16,413,270
Assets and Liabilities:
- Total Assets: $32,509,424
- Total Liabilities: $16,805,837
- Net Assets: $15,703,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$12,910,593
AUXILIARY FEES
Revenue
$500,620
APPLICATION/LATE FEES
Revenue
$33,023
Organization Details
Founding Year
1973
Principal Officer
Heather Rogers
Website
www.keysschool.orgNTEE Category
Code: B21Z - Education
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