Nonprofit · EIN 75-1856423
KVANLI ACADEMY INC
Also known as DBA GRACE ACADEMY OF DALLAS
Tax-exempt · DALLAS, TX 75229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990 | $4,339,959 | $3,167,397 | $1,172,562 | $3,384,951 | $206,277 | $3,178,674 |
Financial details: 990 for the year ended May 31, 2026
Revenue
- Contributions, gifts and grants
- $1,014,720
- Membership dues
- $8,000
- Program service revenue
- $3,296,762
- Investment income
- $76,187
- Net income from fundraising events
- -$47,710
- Other revenue
- -$47,710
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $134,615
- Other salaries and wages
- $1,712,834
- Salaries, compensation and benefits (total)
- $2,052,876
- Professional fundraising fees
- $0
- Accounting fees
- $16,500
- Occupancy
- $362,750
- Depreciation
- $42,264
- Program services (functional)
- $2,549,408
- Management and general (functional)
- $583,767
- Fundraising (functional)
- $34,222
Balance sheet and other
- Total assets, start of year
- $2,231,638
- Total assets, end of year
- $3,384,951
- Total liabilities, end of year
- $206,277
- Net assets, end of year
- $3,178,674
- Land, buildings and equipment
- $335,652
- Net assets without donor restrictions
- $2,712,881
- Net assets with donor restrictions
- $465,793
- Gross receipts
- $4,418,844
- Employees
- 41
- Year formed
- 1982
- 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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Perry Banse | Executive Dir. Trustee or director, Officer | 40 | $134,940 |
| Isaac Brown | President Trustee or director, Officer | 0 | $0 |
| Anneka Moore | Vice President Trustee or director, Officer | 0 | $0 |
| Iris Bennett | Treasurer Trustee or director, Officer | 0 | $0 |
| Steven Thieme | Secretary Trustee or director, Officer | 0 | $0 |
| Clay Pickering | Trustee Trustee or director | 0 | $0 |
| Jonathan Cantu | Trustee Trustee or director | 0 | $0 |
| Kevin Clark | Trustee Trustee or director | 0 | $0 |
| David Sibley | Trustee Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 11306 A INWOOD ROAD, DALLAS, TX 75229-3019
- Principal officer (990 for 2025)
- Perry Banse, 1117 Olympic, Celina, TX 75009
- Signed the 990
- Perry Banse, Executive Director
- Phone
- (214) 696-5648
- Return prepared by
- Lagow CPA LLC
Mission
Private education. Providing service to students in preschool through sixth grade.
Program accomplishments
- Private education. Providing service to students in preschool through sixth grade.Expenses $2,549,408 · revenue $3,296,762
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 | 990 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
- 75-1856423
- 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
- 1984
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,384,951
- Income (IRS master file)
- $4,418,844
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2026 | – | – | – | IRS |
| 990 | May 2025 | – | – | – | IRS |
| 990 | May 2024 | – | – | – | IRS |
| 990 | May 2023 | $2,847,015 | $2,759,077 | $1,573,828 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 KVANLI ACADEMY INC
- What is the EIN of KVANLI ACADEMY INC?
- The employer identification number (EIN) of KVANLI ACADEMY INC is 75-1856423.
- Is KVANLI ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to KVANLI ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KVANLI ACADEMY INC 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 KVANLI ACADEMY INC due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KVANLI ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2026.
- Who is the principal officer of KVANLI ACADEMY INC?
- The 990 for the year ended May 31, 2026 names Perry Banse.
- Who are the officers and directors of KVANLI ACADEMY INC?
- The 990 for the year ended May 31, 2026 lists 9 people; 1 received compensation from the organization, the highest $134,940 (Perry Banse, Executive Dir.).
- How much revenue does KVANLI ACADEMY INC have?
- On its 990 for the year ended May 31, 2026 it reported revenue of $4,339,959, expenses of $3,167,397 and total assets of $3,384,951 at year end.
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