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Nonprofit · EIN 75-1856423

KVANLI ACADEMY INC

Also known as DBA GRACE ACADEMY OF DALLAS

Tax-exempt · DALLAS, TX 75229

Financials

$4.3M$3.2M2025
Revenue Expenses · by fiscal year end
Financials of KVANLI ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2026990$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.

NameTitleHours / weekCompensation
Perry BanseExecutive Dir.
Trustee or director, Officer
40$134,940
Isaac BrownPresident
Trustee or director, Officer
0$0
Anneka MooreVice President
Trustee or director, Officer
0$0
Iris BennettTreasurer
Trustee or director, Officer
0$0
Steven ThiemeSecretary
Trustee or director, Officer
0$0
Clay PickeringTrustee
Trustee or director
0$0
Jonathan CantuTrustee
Trustee or director
0$0
Kevin ClarkTrustee
Trustee or director
0$0
David SibleyTrustee
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.

990 for the year ended May 31, 2026

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 yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026990 on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990May 2026–––IRS
990May 2025–––IRS
990May 2024–––IRS
990May 2023$2,847,015$2,759,077$1,573,828IRS
990May 2022–––IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 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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