Nonprofit · EIN 74-1193337
KEYSTONE SCHOOL
Tax-exempt · SAN ANTONIO, TX 78212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $13,910,127 | $12,902,773 | $1,007,354 | $16,610,406 | $1,806,992 | $14,803,414 |
| May 31, 2024 | 990 | $12,368,835 | $11,768,520 | $600,315 | $15,464,023 | $1,729,515 | $13,734,508 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,492,683
- Program service revenue
- $12,038,693
- Investment income
- $300,545
- Royalties
- $78,374
- Net income from fundraising events
- -$10,390
- Other revenue
- $78,206
Expenses
- Grants and similar amounts paid
- $691,954
- Compensation of officers, directors and key employees
- $507,256
- Other salaries and wages
- $6,499,392
- Salaries, compensation and benefits (total)
- $9,142,526
- Professional fundraising fees
- $70,000
- Occupancy
- $183,404
- Travel
- $26,228
- Depreciation
- $628,005
- Program services (functional)
- $10,467,036
- Management and general (functional)
- $2,220,463
- Fundraising (functional)
- $215,274
Balance sheet and other
- Total assets, start of year
- $15,464,023
- Total assets, end of year
- $16,610,406
- Total liabilities, end of year
- $1,806,992
- Net assets, end of year
- $14,803,414
- Land, buildings and equipment
- $7,504,794
- Net assets without donor restrictions
- $13,114,751
- Net assets with donor restrictions
- $1,688,663
- Gross receipts
- $13,951,727
- Employees
- 170
- Volunteers
- 55
- Year formed
- 1955
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM B HANDMAKER | HEAD OF SCHOOL Officer | 40 | $341,385 | $28,586 |
| MICHAEL FLYNN | CFO Officer | 40 | $155,446 | $9,724 |
| MALLORY MEYER | HEAD OF LOWER/MIDDLE SCHOOL Highest-paid employee | 40 | $127,504 | $15,066 |
| DENA VALDEZ | HEAD OF PRESCHOOL Highest-paid employee | 40 | $109,459 | $8,104 |
| CAROLYN BROWN LANGENKAMP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAUREN CIMINELLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMER KAISSI PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNIE KIZILBASH MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRANDI MILMO MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAKSHI MALHOTRA MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROSE PARHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE PEDRAZA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RYAN REED | TRUSTEE Trustee or director | 1 | $0 | $0 |
| COURTNEY ROBERTS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GURPAUL SINGH | TRUSTEE Trustee or director | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACEY SMITH | TRUSTEE Trustee or director | 1 | $0 |
| IAN THOMPSON II | TRUSTEE Trustee or director | 1 | $0 |
| ZINA WORMLEY | TRUSTEE Trustee or director | 1 | $0 |
| TRIANNA JOHNSON | PTO REPRESENTATIVE Trustee or director | 1 | $0 |
| RAMON FLORES | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| VICTORIA SHUM | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| ANTHONY HUERTA | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended May 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM B HANDMAKER | HEAD OF SCHOOL Officer | 40 | $317,132 | $20,935 |
| MICHAEL FLYNN | CFO Officer | 40 | $161,714 | $11,320 |
| RAMON FLORES | MEMBER Trustee or director | 1 | $0 | $0 |
| LAUREN CIMINELLO | MEMBER Trustee or director | 1 | $0 | $0 |
| ANNIE KIZILBASH | MEMBER Trustee or director | 1 | $0 | $0 |
| BRANDI MILMO | MEMBER Trustee or director | 1 | $0 | $0 |
| TRACEY SMITH | MEMBER Trustee or director | 1 | $0 | $0 |
| ZINA WORMLEY | MEMBER Trustee or director | 2 | $0 | $0 |
| TRIANNA JOHNSON | MEMBER Trustee or director | 1 | $0 | $0 |
| AMER KAISSI | MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGE PEDRAZA | MEMBER Trustee or director | 1 | $0 | $0 |
| ROSE PARHAM | MEMBER Trustee or director | 1 | $0 | $0 |
| SAKSHI MALHOTRA | MEMBER Trustee or director | 1 | $0 | $0 |
| GURPAUL SINGH | MEMBER Trustee or director | 1 | $0 | $0 |
| KUMAR REDDY | MEMBER Trustee or director | 1 | $0 | $0 |
| LAURA O'DONNELL | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL FISCHER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VICTORIA SHUM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 119 E CRAIG PL, SAN ANTONIO, TX 78212-3415
- Principal officer (990 for 2024)
- MICHAEL FLYNN, 119 E CRAIG PLACE, SAN ANTONIO, TX 78212
- Signed the 990
- MICHAEL FLYNN, CHIEF FINANCIAL OFFICER
- Phone
- (210) 735-4022
- Website
- WWW.KEYSTONESCHOOL.ORG
- Return prepared by
- CALVETTI FERGUSON
Mission
PROVIDE AN ACCELERATED AND ENRICHED COLLEGE-PREPARATORY EDUCATION FOR STUDENTS IN GRADES K-12. PROVIDE PRE-K EDUCATIONAL SERVICE FOR 3 AND 4 YEAR-OLD CHILDREN.
Program accomplishments
- PROVIDED AN ACCELERATED AND ENRICHED COLLEGE-PREPARATORY EDUCATION FOR APPROXIMATELY 416 STUDENTS OF ABOVE AVERAGE ACADEMIC ABILITY AND MOTIVATION IN GRADES K-12. PROVIDE PRE-K EDUCATIONAL SERVICE TO APPROXIMATELY 69 THREE AND FOUR YEAR-OLD CHILDREN.Expenses $10,467,036 · grants $691,954 · revenue $12,038,693
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1193337
- 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
- 1955
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B27Z)
- Assets (IRS master file)
- $16,610,406
- Income (IRS master file)
- $13,951,727
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $13,910,127 | $12,902,773 | $16,610,406 | XML |
| 990 | May 2024 | $12,368,835 | $11,768,520 | $15,464,023 | XML |
| 990 | May 2023 | $11,923,038 | $11,879,482 | $15,066,117 | IRS |
| 990 | May 2022 | $12,009,318 | $10,793,002 | $14,728,290 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 74-1193337).
Questions about KEYSTONE SCHOOL
- What is the EIN of KEYSTONE SCHOOL?
- The employer identification number (EIN) of KEYSTONE SCHOOL is 74-1193337.
- Is KEYSTONE SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
- Are donations to KEYSTONE SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KEYSTONE 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 KEYSTONE SCHOOL due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KEYSTONE SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of KEYSTONE SCHOOL?
- The 990 for the year ended May 31, 2025 names MICHAEL FLYNN.
- Who are the officers and directors of KEYSTONE SCHOOL?
- The 990 for the year ended May 31, 2025 lists 22 people; 4 received compensation from the organization, the highest $341,385 (WILLIAM B HANDMAKER, HEAD OF SCHOOL).
- How much revenue does KEYSTONE SCHOOL have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $13,910,127, expenses of $12,902,773 and total assets of $16,610,406 at year end.
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