2026-04-15T12:35:13-05:00 2025-05-31 134255527 CALVETTI FERGUSON 250 W NOTTINGHAM DR SUITE 100 SAN ANTONIO TX 78209 990 2024-06-01 741193337 KEYSTONE SCHOOL KEYS 2107354022 119 E CRAIG PLACE SAN ANTONIO TX 78212 MICHAEL FLYNN CHIEF FINANCIAL OFFICER 2107354022 2026-04-15 1 1 KIMIKO BACA P01268795 2105363200 2024 2025-03-06 01:10:19Z MICHAEL FLYNN 119 E CRAIG PLACE SAN ANTONIO TX 78212 13951727 0 X WWW.KEYSTONESCHOOL.ORG X 1955 TX EDUCATIONAL 18 18 170 55 0 0 390122 1492683 11607611 12038693 180000 300545 191102 78206 12368835 13910127 627952 691954 0 0 8444565 9142526 0 70000 215274 2696003 2998293 11768520 12902773 600315 1007354 15464023 16610406 1729515 1806992 13734508 14803414 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. 0 0 10467036 691954 12038693 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. 10467036 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 170 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MICHAEL FLYNN 2107354022 119 E CRAIG PLACE SAN ANTONIO TX 78212 CAROLYN BROWN LANGENKAMP TRUSTEE 1.00 X 0 0 0 LAUREN CIMINELLO TRUSTEE 1.00 X 0 0 0 AMER KAISSI PHD TRUSTEE 1.00 X 0 0 0 ANNIE KIZILBASH MD TRUSTEE 1.00 X 0 0 0 BRANDI MILMO MD TRUSTEE 1.00 X 0 0 0 SAKSHI MALHOTRA MD TRUSTEE 1.00 X 0 0 0 ROSE PARHAM TRUSTEE 1.00 X 0 0 0 GEORGE PEDRAZA TRUSTEE 1.00 X 0 0 0 RYAN REED TRUSTEE 1.00 X 0 0 0 COURTNEY ROBERTS TRUSTEE 1.00 X 0 0 0 GURPAUL SINGH TRUSTEE 1.00 X 0 0 0 TRACEY SMITH TRUSTEE 1.00 X 0 0 0 IAN THOMPSON II TRUSTEE 1.00 X 0 0 0 ZINA WORMLEY TRUSTEE 1.00 X 0 0 0 TRIANNA JOHNSON PTO REPRESENTATIVE 1.00 X 0 0 0 RAMON FLORES CHAIRMAN 1.00 X X 0 0 0 VICTORIA SHUM VICE-CHAIR 1.00 X X 0 0 0 ANTHONY HUERTA TREASURER 1.00 X X 0 0 0 WILLIAM B HANDMAKER HEAD OF SCHOOL 40.00 X 341385 0 28586 MICHAEL FLYNN CFO 40.00 1.00 X 155446 0 9724 MALLORY MEYER HEAD OF LOWER/MIDDLE SCHOOL 40.00 X 127504 0 15066 DENA VALDEZ HEAD OF PRESCHOOL 40.00 X 109459 0 8104 733794 0 61480 4 0 1 0 0 111681 1381002 22610 1492683 TUITION & FEES 611710 11367992 11367992 STUDENT ACTIVITIES 611710 396132 396132 AFTER SCHOOL CARE 611710 274569 274569 12038693 300545 300545 78374 78374 31210 111681 41600 -10390 -10390 MISCELLANEOUS INCOME 611600 10222 10222 10222 13910127 12038693 0 378751 691954 691954 507256 388813 113016 5427 6499392 4982188 1447681 69523 377976 289309 84604 4063 1261339 965448 282332 13559 496563 380078 111148 5337 70000 70000 115458 84305 31153 28130 16864 11266 13393 4844 5852 2697 183404 174233 9171 26228 24125 2103 80382 69351 11031 8997 8997 628005 600671 27334 161753 153665 8088 STUDENT ACTIV. & SUPP. 1239232 1187565 25363 26304 BUILDING & GROUNDS 336071 312956 23115 0 TELEPHONE, PAGING, MISC 177240 157531 12611 7098 12902773 10467036 2220463 215274 1011193 720163 5226017 5638089 6290 546368 82594 77814 85354 86938 15470698 7965904 7083319 7504794 1369843 1509633 599413 526607 15464023 16610406 786066 877453 655407 751173 105999 63376 182043 114990 1729515 1806992 X 12766014 13114751 968494 1688663 13734508 14803414 15464023 16610406 1007354 61552 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119921 X 0 968494 12125 5546 5546 980619 964669 3825 11894 11894 968494 952381 12288 8043 8043 964669 921658 30723 8396 8396 952381 882047 61091 255510 21480 255510 921658 0.00000 1.00000 0.00000 1 0 1026913 1026913 12330093 6443192 5886901 1965224 1522712 442512 148468 148468 7504794 ENDOWMENT 1509633 F 1509633 STUDENT ACTIVITY FUNDS - PAYABLE 29915 FINANCE LEASE PAYABLE 85075 114990 13209725 61552 -761954 -700402 13910127 0 13910127 12140819 -70000 -70000 12210819 691954 691954 12902773 PART III, LINE 4: PHILLIP KING SIGNED SCULPTURE ENTITLED "DARWIN" DISPLAYED IN FRONT OF THE SCIENCE BUILDING. PART V, LINE 4: IN 1995, THE SCHOOL RECEIVED A $250,000 PERPETUALLY RESTRICTED ENDOWMENT FUND THAT IS BEING ADMINISTERED BY THE SAN ANTONIO AREA FOUNDATION. EACH YEAR THE SCHOOL HAS THE RIGHTS TO DISTRIBUTIONS OF THE NET INCOME FROM THE FUND TO BE USED EXCLUSIVELY FOR EXPENSES RELATED TO THE EDWIN W. EARGLE LIBRARY. IN 2025, THE SCHOOL RECEIVED AN ADDITIONAL $2,000 IN PERPETUALLY RESTRICTED ENDOWMENT GIFTS. OTHER PERPETUALLY RESTRICTED ENDOWMENT GIFTS TOTALING $471,050 WERE RECEIVED PRIOR TO THE YEAR ENDED MAY 31, 2025. THE SCHOOL HAS THE RIGHTS TO EARNINGS FROM THESE GIFTS TO BE USED EXCLUSIVELY FOR TEACHER SUPPORT AND STUDENT ASSISTANCE. THE SCHOOL RECEIVED $101,125 AND $3,825 IN PERPETUALLY RESTRICTED ENDOWMENT GIFTS FOR THE YEARS ENDED MAY 31, 2025 AND 2024, RESPECTIVELY. OTHER PERPETUALLY RESTRICTED ENDOWMENT GIFTS TOTALING $243,619 WERE RECEIVED PRIOR TO THE YEAR ENDED MAY 31, 2024. THE SCHOOL HAS THE RIGHTS TO THE EARNINGS FROM THESE GIFTS TO BE USED EXCLUSIVELY FOR LOWER SCHOOL FINANCIAL AID. THE SCHOOL'S ENDOWMENT IS MADE UP OF DONOR-RESTRICTED ENDOWMENT FUNDS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION DISCOUNTS -691,954. PROFESSIONAL FUNDRAISING SERVICES -70,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROFESSIONAL FUNDRAISING SERVICES -70,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 691,954. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY IN A SAN ANTONIO NEWSPAPER AT LEAST ONCE A YEAR. THE SCHOOL ALSO INCLUDES ITS POLICY IN OTHER ADVERTISEMENTS, REGARDLESS OF MEDIA, AND IN ITS APPLICATIONS. X X X X X X 1 LEE & ASSOCIATES LLC PO BOX 31 HELOTES TX 78023 CAPITAL CAMPAIGN FUNDRAISING 0 778045 70000 708045 778045 70000 708045 SPECIAL EVENTS 142891 111681 31210 41600 142891 111681 31210 41600 41600 -10390 1 FINANCIAL AID 55 691954 PART I, LINE 2: A FINANCIAL AID APPLICANT COMPLETES THE FORMS REQUIRED BY THE THIRD PARTY FINANCIAL AID EVALUATION FIRM FAST. THE COMPLETED FORMS ARE SUBMITTED DIRECTLY TO FAST FOR DETERMINATION OF THEIR RECOMMENDATION OF THE AMOUNT A FAMILY IS ABLE TO PAY. OUR FINANCIAL AID COMMITTEE (ADMISSIONS DIRECTOR, BUSINESS MANAGER, AND HEADS OF LOWER, MIDDLE, AND UPPER SCHOOL) REVIEWS THE RECOMMENDATION OF FAST BEFORE ISSUING A FINANCIAL AID OFFER. WE USE OUR KNOWLEDGE OF THE FAMILY TO MAKE THE FINAL DETERMINATION. WE BELIEVE THAT OUR POLICY ALLOWS US TO ACCEPT PARTIAL PAYING STUDENTS WITHOUT REQUIRING FULL PAYING STUDENTS TO SUBSIDIZE THEM. OUR MISSION INCLUDES MAKING KEYSTONE AVAILABLE TO ALL PARTS OF THE COMMUNITY. WE BELIEVE THAT ECONOMIC DIVERSITY IS AN IMPORTANT TRAIT FOR KEYSTONE. OUR ANNUAL BUDGET FOR FINANCIAL AID EXCEEDS $500,000. WE NORMALLY RECEIVE $150,000 OR LESS IN GRANTS DESIGNATED FOR FINANCIAL AID. 1 X X X X X 0 0 0 0 0 0 0 0 0 WILLIAM B HANDMAKER HEAD OF SCHOOL 306185 0 35200 0 0 0 20603 0 7983 0 369971 0 0 0 MICHAEL FLYNN CFO 155246 0 200 0 0 0 9724 0 0 0 165170 0 0 0 24274 DISCOUNTED TUITION EMPLOYEE DISCOUNT SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION KEYSTONE SCHOOL 119 E. CRAIG PLACE SAN ANTONIO, TX 78212 EMPLOYER IDENTIFICATION NUMBER: 74-1193337 FOR THE YEAR ENDING MAY 31, 2025 KEYSTONE SCHOOL IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). FORM 990, PART VI, SECTION B, LINE 11B PART A: THE FORM 990 IS FIRST REVIEWED BY THE FINANCE COMMITTEE, AND THEN BY THE ENTIRE BOARD OF DIRECTORS AT AN ANNUAL BOARD MEETING PRIOR TO SUBMITTING THE FORM FOR REPORTING PURPOSES. AT THE ANNUAL BOARD MEETING, ALL TRUSTEES AND DIRECTORS ARE ALLOWED TO REVIEW THE FORM 990 AND ASK ANY QUESTIONS THAT MAY ARISE. THE FINAL APPROVED FORM 990 IS THEN SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS & ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL VERIFICATION DOCUMENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE, SERVING AS THE COMPENSATION COMMITTEE, USES THE NONPROFIT INFORMATION SERVICE COMPANY, GUIDESTAR USA, INC., TO COMPILE INFORMATION REGARDING COMPARABLE COMPENSATION FOR NONPROFIT SCHOOLS. FURTHER, THE ORGANIZATION USES COMPENSATION REPORTS FROM AN ANNUAL SURVEY CONDUCTED BY THE INDEPENDENT SCHOOLS ASSOCIATION OF THE SOUTHWEST (ISAS), AND DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) STATSONLINE SERVICE IN DETERMINING THE SALARY COMPONENTS OF ALL CONTRACTS. THE BOARD OF DIRECTORS REVIEW AND APPROVE COMPENSATION FOR TOP MANAGEMENT OFFICIALS, OTHER OFFICERS AND KEY EMPLOYEES. THE LAST COMPENSATION REVIEW WAS PERFORMED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THE PRIOR YEAR. KEYSTONE SCHOOL SUPPORT FUND 119 E CRAIG PLACE SAN ANTONIO TX 78212 205913962 SUPPORTING ORGANIZATION TO KEYSTONE SCHOOL TX 501(C)(3) 509(A)(3) TYPE I N/A 0 ISAS GROUP BENEFITS TRUST 12712 PARK CENTRAL DR STE 100 DALLAS TX 752511527 731366012 VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION (VEBA) TX 501(C)(9) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 ISAS GROUP BENEFITS TRUST R 727188 CASH