Knowledge Systems Institute EIN 36-3085682 Form 990 (PDF) Claim this org

Knowledge Systems Institute FY2020 filing

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Offers educational programs to empower individuals. For fiscal year 2020 it reported $373K in revenue, $453K in expenses, and $4.7M in net assets.Pt I

Type
Private foundation / grantmaker · Education
Location
Skokie, IL
Website
www.ksi.edu
Filings
5 on file (2020–2020)
Revenue
$373KFY2020
Expenses
$453K
Net assets
$4.7M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-3085682 Private foundation / grantmaker Skokie, IL
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers educational programs to empower individuals.
Leadership
Gabriel Smith · Treasurer · $124K
Money in and out
$373K revenue, $453K expenses
Bottom line
70% program efficiency
Grants paid & assets · FY2020
Total revenue
$373K
Pt VIII · Ln 12
Total expenses
$453K
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$80K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.30
Program efficiency
70%
of spending reaches programs
Operating runway
112.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$373K
FY2020
Expenses
$453K
FY2020
Total assets
$4.7M
FY2020
Total liabilities
$49K
FY2020
Total revenue
$373K
Pt VIII · Ln 12
Total expenses
$453K
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$80K
Total assetsPt X · Ln 16$4.7M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKnowledge Systems Institute
EINHdr · item D36-3085682
Principal addressHdr · item CSkokie, IL
WebsiteHdr · item Jwww.ksi.edu
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B05)
Ruling yearIRS BMFMay 1988

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$123,600Pt VII · Sec A
Executive Director
$103,780Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Baord Member
$0Pt VII · Sec A
Chairman of Board
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2022FY2021FY2020
Gabriel Smith$123,600$123,600
Judy Chang$110,000
Judy Change$100,000$103,780
Cybele Chang$36,294

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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Mission & Programs · Part III

Where the work happens

1 program service account for $318K of program spending, described in the organization's own filed words · FY2020.
01

KSIs mission is to provide instruction in computer and information science and prepare students for successful careers in the IT and computer science industry. The organization offers vocational training to local students in application development and website development. Vocational Training Expenses.

$318Kprogram expense

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Statement of Revenue

Part VIII
Investment income$360K · 97%
Other revenue$11K · 3%
Program service revenue$2K · 1%
Investment income97%$360K
Other revenue3%$11K
Program service revenue1%$2K
Total revenueLn 12$373K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30
Program services70%$318K
Management & general30%$135K
Total functional expensesLn 25$453K

Balance Sheet

Part X · end of year
CashLn 1$310K
Total assetsLn 16$4.7M
Total liabilitiesLn 26$49K
Total net assetsLn 32$4.7M
Months of cash on handcomputed8.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.2M · Operating expenses/yr $453K
112.4 months
Where the money goes
Program services
Program services $318K · Total expenses $453K
70%
Management & General
Management & general $135K · Total expenses $453K
30%
Fundraising
Fundraising $0 · Total expenses $453K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $373K
0%
Government reliance
Government grants — · Total revenue $373K
Earned-income share
Program service revenue $2K · Total revenue $373K
0.5%
Investment reliance
Investment income $360K · Total revenue $373K
+97%
Program self-sufficiency
Program service revenue $2K · Total expenses $453K
0.4%
Growth & trend
Revenue growth (YoY)
This year $373K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $4.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $373K · Expenses $453K
-21%
Liabilities-to-Assets
Total liabilities — · Total assets $4.7M
Net-asset ratio
Net assets $4.7M · Total assets $4.7M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.7M
84%
People & payroll
Highest Reported Total Compensation
Individual Gabriel Smith · Reported title Treasurer · Highest reported compensation $124K · Total expenses $453K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $286K · Total expenses $453K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 30%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 27 grants · $458K · 2022–2024
Rodale InstitutePA · FY2024$30,000
Sierra Nevada JourneysNV · FY2024$20,000
Science Club for Girls INCMA · FY2024$20,000
GirlstartTX · FY2024$20,000
Camfed U S A FoundationCA · FY2024$15,000
Science 4 GirlsFY2024$6,000
Grizzly Corps - Uc Berkeley FoundationFY2024$5,000
Stem Like a GirlOR · FY2024$3,000
Sierra Nevada JourneysNV · FY2023$25,000
Girls with Impact INCCT · FY2023$25,000
Camfed U S A FoundationCA · FY2023$25,000
Science Club for Girls INCMA · FY2023$20,000
GirlstartTX · FY2023$20,000
The Ocean CleanupFY2023$17,000
Science 4 GirlsFY2023$10,000
Stem Like a GirlOR · FY2023$5,000
Girls Plus EnvironmentFY2023$500
See all 27 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$200K revenue · ⤓ 990 PDF
FY2023$784K revenue · ⤓ 990 PDF
FY2022$220K revenue · ⤓ 990 PDF
FY2021$333K revenue · ⤓ 990 PDF
FY2020$373K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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