Nonprofit · EIN 46-1694085
KOAN SCHOOL
Tax-exempt · DENTON, TX 76202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $940,926 | $981,685 | -$40,759 | $1,749,864 | $1,469,982 | $279,882 |
| July 31, 2024 | 990 | $1,094,238 | $1,113,229 | -$18,991 | $1,793,883 | $1,473,242 | $320,641 |
| July 31, 2023 | 990 | $972,443 | $929,988 | $42,455 | $1,861,446 | $1,521,814 | $339,632 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $22,131
- Program service revenue
- $917,306
- Investment income
- $0
- Net rental income
- $750
- Other revenue
- $1,489
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $61,042
- Other salaries and wages
- $577,238
- Salaries, compensation and benefits (total)
- $696,714
- Professional fundraising fees
- $0
- Legal fees
- $900
- Accounting fees
- $8,370
- Occupancy
- $43,917
- Depreciation
- $47,102
- Program services (functional)
- $903,395
- Management and general (functional)
- $78,290
Balance sheet and other
- Total assets, start of year
- $1,793,883
- Total assets, end of year
- $1,749,864
- Total liabilities, end of year
- $1,469,982
- Net assets, end of year
- $279,882
- Land, buildings and equipment
- $1,585,182
- Gross receipts
- $940,926
- Employees
- 27
- Volunteers
- 12
- Year formed
- 2012
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Gullion | Head of School Trustee or director, Officer | 40 | $61,042 |
| Patrick McLeod | Director Trustee or director | 2.5 | $0 |
| Angela Williams | Treasurer Trustee or director, Officer | 2.5 | $0 |
| Elizabeth Graham | Director Trustee or director | 2.5 | $0 |
| George Nassar | Secretary Trustee or director, Officer | 2.5 | $0 |
| Michael Zajchowski | President Trustee or director, Officer | 2.5 | $0 |
990 for the year ended July 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Gullion | Head of School Trustee or director, Officer | 40 | $51,733 |
| Patrick McLeod | Director Trustee or director | 2.5 | $0 |
| Angela Williams | Treasurer Trustee or director, Officer | 2.5 | $0 |
| Elizabeth Graham | Director Trustee or director | 2.5 | $0 |
| George Nassar | Secretary Trustee or director, Officer | 2.5 | $0 |
| Michael Zajchowski | President Trustee or director, Officer | 2.5 | $0 |
990 for the year ended July 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Gullion | Executive Dir. Trustee or director, Officer | 40 | $40,100 |
| Patrick McLeod | Director Trustee or director | 2.5 | $0 |
| George Nassar | Secretary Trustee or director, Officer | 2.5 | $0 |
| Angela Borengasser Williams | Treasurer Trustee or director, Officer | 2.5 | $0 |
| Alison Kelly | Vice President Trustee or director | 2.5 | $0 |
| Elizabeth Graham | Director Trustee or director | 2.5 | $0 |
| Ashley Bender | Director Trustee or director | 2.5 | $0 |
| Rachel Plato | Director Trustee or director | 2.5 | $0 |
| Michael Zajchowski | President Trustee or director | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2961, DENTON, TX 76202-2961
- In care of
- % SCOTT J WARREN
- Principal officer (990 for 2024)
- Greg Gullion, PO Box 2961, Denton, TX 76202
- Signed the 990
- Greg Gullion, Executive Dir.
- Phone
- (940) 783-5566
- Return prepared by
- Anderson Spector & Co PC
Mission
To provide a low-cost alternative for private education while keeping class sizes small enough to accommodate the diverse interests and skills of young learners in our community.
Program accomplishments
- The Koan School provided a low-cost alternative for private education while keeping class sizes small enough to accommodate the diverse interests and skills of young learners in our community.Expenses $903,395 · revenue $917,306
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 46-1694085
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $1,749,864
- Income (IRS master file)
- $940,926
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | – | – | – | IRS |
| 990 | July 2024 | – | – | – | IRS |
| 990 | July 2023 | $972,443 | $929,988 | $1,861,446 | IRS |
| 990 | July 2022 | $664,569 | $611,918 | $861,429 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about KOAN SCHOOL
- What is the EIN of KOAN SCHOOL?
- The employer identification number (EIN) of KOAN SCHOOL is 46-1694085.
- Is KOAN SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to KOAN SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOAN SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KOAN SCHOOL due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KOAN SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of KOAN SCHOOL?
- The 990 for the year ended July 31, 2025 names Greg Gullion.
- Who are the officers and directors of KOAN SCHOOL?
- The 990 for the year ended July 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $61,042 (Greg Gullion, Head of School).
- How much revenue does KOAN SCHOOL have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $940,926, expenses of $981,685 and total assets of $1,749,864 at year end.
Other nonprofits in DENTON
- TEXAS WOMANS UNIVERSITY FOUNDATION EIN 75-1292762 · last filed 990 for 2025
- SALVAGING TEENS AT RISK INC EIN 75-2727881 · last filed 990 for 2025
- DENTON CALVARY ACADEMY EIN 75-2819009 · last filed 990 for 2025
- DENTON PUBLIC SCHOOL FOUNDATION EIN 75-2578743 · last filed 990 for 2024
- DEVELOPMENTAL DISABILTIES NURSES ASSOCIATION INC EIN 93-1099214 · last filed 990 for 2025
- STAND TOGETHER AGAINST RACISM AND RADICALISM IN THE SERVICES INC EIN 86-3589850 · last filed 990 for 2024
- UNIVERSITY OF NORTH TEXAS ALUMNI ASSOCIATION INC EIN 75-2300507 · last filed 990 for 2025
- EXPLORIUM DENTON CHILDRENS MUSEUM EIN 45-5378307 · last filed 990 for 2023