Karat School Project
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Educates children and women in poverty to improve their lives. For fiscal year 2025 it reported $323K in revenue, $285K in expenses, and $138K in net assets.Pt I
Summary of the Filing
Where the work happens
KSP provides direct support to underserved families in silicon valley experiencing housing instability and economic HARDSHIP.IN 2025, KSP adapted services to meet emerging community needs and helped six families (35 individuals) transition from vehicle living to more stable housing.
The karat school project (KSP) provides holistic education and empowerment programs for underserved girls and families in cte d'ivoire, addressing barriers such as poverty, gender inequality, and food INSECURITY.IN 2025, KSP maintained a 100% national exam pass rate for the third consecutive year and has served 782 students to date.
KSP advances its mission through partnerships and community engagement initiatives. In 2025, KSP hosted its first donor educational trip to cte d'ivoire, engaging 13 participants in a volunteering trip program learning and global awareness.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Evelyn Keomian’s $88K as President is at the 64th percentile of top reported officer pay among 1711 $100K–1M community development 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 · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Evelyn Keomian | $87,521 | $95,131 | $60,884 | $73,212 | $28,523 |
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 85% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | 3% | — | — |
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
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Filings & Schedule Manifest
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Sources
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