Kaleidoscope School FY2022 filing

Tax-deductible

Phoenix, AZ501(c)(3)Since 2004EducationEIN 20-1431933Revenue $3.3M in FY2022

On file with the IRSksk8.org16850 N 16th St, 85022-3082 · Phoenix, AZTax-exempt since Oct 2005School — 170(b)(1)(A)(ii)

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The Schools mission is to produce highly motivated students who will develop a pasion for life-long learning through the use of hands-on instruction, as an interdisciplinary, accelerated school that utilizes a proven, succesful curriculum to promote academics for every student it serves.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$129K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $7K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$129K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$7.9M
101% of total assets
Concern: liabilities are 101% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 9 voting members
Looks good: 6 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.3M
+74% vs prior year
Spent
$3.1M
To programs
92%
Net assets
−$73K
By yearFY2020–FY2025
Revenue
$3.3M
FY2022▲ +74%
Tap a bar for its year
Revenue by fiscal year
FY2020$365K
FY2021$1.9M
FY2022$3.3M
FY2023$3.7M
FY2024$3.6M
FY2025$3.6M
Expenses
$3.1M
FY2022▲ +40%
Tap a bar for its year
Expenses by fiscal year
FY2020$408K
FY2021$2.2M
FY2022$3.1M
FY2023$3.6M
FY2024$3.6M
FY2025$3.6M
Net assets
−$73K
FY2022▲ +78%
Tap a bar for its year
Net assets by fiscal year
FY2020−$74K
FY2021−$342K
FY2022−$73K
FY2023$510K
FY2024$529K
FY2025−$92K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.8M Management & general 7% · $225K Fundraising 0% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $129K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$80,654Pt VII · Sec A
Director
$48,580Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kathleen Wingo’s $105K as Director/Principal is at the 35th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kathleen Wingo$105,062——$80,654$37,465—
Wingo K—$101,604$99,702———
Laura Brasher$59,396—————
Brasher L—$52,400$22,668———
Robin Soare———$48,580$27,360$34,174
Tracy Lange————$15,824$15,297
Stephens S——$1,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a charter school in Arizona.

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Provided by the organization

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1 program · $2.8M · in their own filed words · FY2021
01

In the 2021-22 school year, the School continued to grow operations the new campus facility. Enrollment grew during the year and the School welcomes additional families.

$2.8Mprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Gifts and grantsLn 1h$3.2M
Fees for servicesLn 2g$161K
Investment incomeLn 3$2
Money outPt IX
$3.1M
Ln 25
Programscol B$2.8M
Managementcol C$225K
Fundraisingcol D$8K
Owns and owesPt X
−$73K
net assets · Ln 32
Cash and savingsLn 1–2$423K
Total assetsLn 16$7.8M
LiabilitiesLn 26$7.9M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.2M
Government grantsLn 1e$3.1M
Fees for servicesLn 2g$161K
Investment incomeLn 3$2
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
CashLn 1$423K
Cash and savings togetherLn 1–2$423K
Land, buildings, equipmentLn 10c$7.2M
Other assetsLn 15$60K
Total assetsLn 16$7.8M
LiabilitiesLn 26$7.9M
Net assetsLn 32−$73K
OperationsPt I, VI
EmployeesI 556
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$166K$423K
Land, buildings, equipmentLn 10c$7.4M$7.2M
Total assetsLn 16$7.5M$7.8M
LiabilitiesLn 26$7.9M$7.9M
Net assetsLn 32−$342K−$73K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.3M$1.3M$6K$4K
Other employee benefitsLn 9$25K$25K$75$57
Payroll taxesLn 10$135K$134K$408$312
Legal feesLn 11b$796$796
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$269K$143K$126K
OccupancyLn 16$67K$66K$203$155
InterestLn 20$517K$513K$2K$2K
Depreciation, depletion and amortizationLn 22$449K$445K$2K$1K
InsuranceLn 23$31K$31K$130$97
Other expenses (24a–d)Ln 24$203K$178K$24K
All other expensesLn 24e$53K$53K
Total functional expensesLn 25$3.1M$2.8M$225K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.6M$3.6M−$31K−$92K 990 PDF
FY2024 $3.6M$3.6M$18K$529K 990 PDF
FY2023 $3.7M$3.6M$99K$510K 990 PDF
FY2022 Viewing $3.3M$3.1M$268K−$73K 990 PDF
FY2021 $1.9M$2.2M−$268K−$342K 990 PDF
FY2020 $365K$408K−$44K−$74K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $3,341,134 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,792,372$3,180,049
I-9 Program service revenuePrior year $127,370$161,083
I-10 Investment income$2
I-11 Other revenue$0
I-12 Total revenuePrior year $1,919,742$3,341,134
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,059,974$1,473,640
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,127,316$1,599,417
I-18 Total expensesPrior year $2,187,290$3,073,057
I-19 Revenue less expensesPrior year −$267,548$268,077
Part VI · Governance 6 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,341,134 across 6 lines filed
VIII-1e Government grants$3,110,659
VIII-1f All other contributions, gifts and grants$69,390
VIII-1h Total contributions, gifts and grants$3,180,049
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $161,083$161,083
VIII-3 Investment incomeRelated to mission $2$2
VIII-12 Total revenueRelated to mission $161,085 · Unrelated business $0 · Excluded from tax $0$3,341,134
Part IX · Statement of functional expenses $3,073,057 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,303,863 · Management $5,601 · Fundraising $4,196$1,313,660
IX-9 Other employee benefitsPrograms $24,727 · Management $75 · Fundraising $57$24,859
IX-10 Payroll taxesPrograms $134,401 · Management $408 · Fundraising $312$135,121
IX-11b Legal feesManagement $796$796
IX-11c Accounting feesManagement $10,200$10,200
IX-11g Other fees for servicesPrograms $143,464 · Management $125,975$269,439
IX-16 OccupancyPrograms $66,466 · Management $203 · Fundraising $155$66,824
IX-20 InterestPrograms $512,735 · Management $2,203 · Fundraising $1,650$516,588
IX-22 Depreciation, depletion and amortizationPrograms $445,203 · Management $1,912 · Fundraising $1,433$448,548
IX-23 InsurancePrograms $31,214 · Management $130 · Fundraising $97$31,441
IX-24 Other expenses (24a–d)Programs $178,274 · Management $24,254$202,528
IX-24e All other expensesManagement $53,053$53,053
IX-25 Total functional expensesPrograms $2,840,347 · Management $224,810 · Fundraising $7,900$3,073,057
Part X · Balance sheet $7,823,695 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $165,614$422,754
X-3 Pledges and grants receivableStart of year $958$179,834
X-10c Land, buildings and equipment, netStart of year $7,350,668$7,160,859
X-15 Other assetsStart of year $9,240$60,248
X-16 Total assetsStart of year $7,526,480$7,823,695
X-17 Accounts payable and accrued expensesStart of year $133,105$265,414
X-19 Deferred revenue$126,428
X-26 Total liabilitiesStart of year $7,867,981$7,897,119
X-27 Net assets without donor restrictionsStart of year −$392,550−$124,473
X-28 Net assets with donor restrictionsStart of year $51,049$51,049
X-32 Total net assets or fund balancesStart of year −$341,501−$73,424
X-33 Total liabilities and net assetsStart of year $7,526,480$7,823,695
Part XI · Reconciliation of net assets −$73,424 net assets at year end
XI-1 Total revenue$3,341,134
XI-2 Total expenses$3,073,057
XI-3 Revenue less expenses$268,077
XI-4 Net assets at start of year−$341,501
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$73,424

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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