Kindezi School Inc
- Assets
- $17.6m
- Revenue
- $28.3m
- Investments
- $0.0
- Employees
- 323
- Location
- Atlanta, GA
- Founding
- 11/2008
- Data as of
- 06/2022
- EIN
- 20-4295854
Organization Overview
Kindezi School Inc is located in Atlanta, GA. The organization was established in 2008. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Kindezi School Inc employed 323 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kindezi School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Kindezi School Inc generated $28.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $23.0m during the year ending 06/2022. While expenses have increased by 14.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR COMPLETE DESCRIPTIONTHROUGH ACADEMIC RIGOR AND STUDENT-CENTERED APPROACHES TO LEARNING, KINDEZI WILL OPTIMALLY DEVELOP THE LEADER, SCHOLAR, AND ARTIST IN ALL STUDENTS WHILE INSTILLING IN EACH A LOVE OF LEARNING AND A SENSE OF PRIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KINDEZI SCHOOL (THE "SCHOOL") IS RESPONSIBLE FOR THE PUBLIC EDUCATION OF ALL STUDENTS ATTENDING ITS SCHOOLS. THE SCHOOL WAS CREATED THROUGH A CONTRACT (CHARTER) BETWEEN ATLANTA PUBLIC SCHOOLS AND THE SCHOOL WHEREBY ALL STATE FUNDING ASSOCIATED WITH THE STUDENTS ATTENDING THE SCHOOL AND CERTAIN SPECIFIED LOCAL FUNDS ARE TURNED OVER TO THE SCHOOL TO COVER THE COST OF ITS OPERATIONS. KINDEZI OPERATES THREE SCHOOLS: THE KINDEZI SCHOOL AT WEST LAKE, THE KINDEZI SCHOOL AT OLD FOURTH WARD, AND THE KINDEZI SCHOOL AT GIDEONS. ALL THREE SCHOOLS ARE LOCATED IN ATLANTA, GEORGIA, PROVIDING EDUCATION FOR STUDENTS IN KINDERGARTEN THROUGH 7TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Kelly Gunn Executive Director | Officer | 40 | $152,265 |
Kim Green COO | 40 | $106,414 | |
Andrew Wadell Chief Financial Officer | 40 | $101,103 | |
Rebecca Knicely Cagle Board Chair | OfficerTrustee | 1 | $0 |
Sarah Cash Vice Chair | OfficerTrustee | 1 | $0 |
Hunter Pierson Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Viral Solutions Llc Sterilization Services | 6/29/22 | $231,400 |
Flash It Consulting Information Technology | 6/29/22 | $139,006 |
Aabs Llc Accounting Services | 6/29/22 | $128,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,620,963 |
| All other contributions, gifts, grants, and similar amounts not included above | $347,414 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,968,377 |
| Total Program Service Revenue | $0 |
| Investment income | $902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,345,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $168,030 |
| Compensation of current officers, directors, key employees. | $67,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,658,675 |
| Pension plan accruals and contributions | $2,309,884 |
| Other employee benefits | $1,486,047 |
| Payroll taxes | $223,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,729 |
| Fees for services: Accounting | $233,168 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $265,974 |
| Advertising and promotion | $46,569 |
| Office expenses | $192,001 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,603,244 |
| Travel | $172,277 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,510 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $248,167 |
| Insurance | $171,212 |
| All other expenses | $629,918 |
| Total functional expenses | $23,048,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,370,482 |
| Savings and temporary cash investments | $2,403,933 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $845,547 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,441 |
| Net Land, buildings, and equipment | $1,012,990 |
| Investments—publicly traded securities | $452,098 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,509,957 |
| Total assets | $17,621,448 |
| Accounts payable and accrued expenses | $384,333 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,297,512 |
| Total liabilities | $24,681,845 |
| Net assets without donor restrictions | -$8,073,387 |
| Net assets with donor restrictions | $1,012,990 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,621,448 |