KARAT SCHOOL PROJECT

EIN: 825036957 501(c)(3) Community Improvement

PALO ALTO, CA

Total Revenue
$322,741
Total Expenses
$284,773
Total Assets
$150,080
Net Assets
$137,605
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
EVELYNE KEOMIAN
Phone
5102289981
Tax Period
2025-01-01 to 2025-12-31

KARAT SCHOOL PROJECT, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $323K in total revenue in fiscal year 2025. Expenses of $285K left a modest 12% surplus.

Mission

EDUCATE CHILDREN AND WOMEN BY UTILIZING A CULTURALLY-RELEVANT, DYNAMIC SYLLABUS AND NEW TECHNOLOGIES, AND ENABLE THEM TO HAVE A LIFELONG LOVE OF LEARNING. EMPOWER THOSE IN EXTREME POVERTY TO REACH THEIR FULL POTENTIAL. INVEST IN LOCAL COMMUNITIES BY DELIVERING SUPPLIES AND NUTRITIOUS MEALS - ALLOWING STUDENTS AND THEIR FAMILIES TO FOCUS ON LEARNING. ERADICATE THE CYCLE OF POVERTY BY PROVIDING VALUABLE EDUCATION AND MAKING A SUSTAINABLE CHANGE IN PEOPLE'S LIVES.

Program Service Accomplishments

Program 1
Expenses: $112,820

THE KARAT SCHOOL PROJECT (KSP) PROVIDES HOLISTIC EDUCATION AND EMPOWERMENT PROGRAMS FOR UNDERSERVED GIRLS AND FAMILIES IN CTE D'IVOIRE, ADDRESSING BARRIERS SUCH AS POVERTY, GENDER INEQUALITY, AND...

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THE KARAT SCHOOL PROJECT (KSP) PROVIDES HOLISTIC EDUCATION AND EMPOWERMENT PROGRAMS FOR UNDERSERVED GIRLS AND FAMILIES IN CTE D'IVOIRE, ADDRESSING BARRIERS SUCH AS POVERTY, GENDER INEQUALITY, AND FOOD INSECURITY.IN 2025, KSP MAINTAINED A 100% NATIONAL EXAM PASS RATE FOR THE THIRD CONSECUTIVE YEAR AND HAS SERVED 782 STUDENTS TO DATE. THE ORGANIZATION IMPLEMENTS A MULTIGENERATIONAL MODEL THROUGH ITS EDUCATION INCENTIVE FARMING PROGRAM, WHERE GIRLS ATTEND SCHOOL WHILE MOTHERS RECEIVE TRAINING IN LITERACY, FINANCIAL SKILLS, AND CLIMATE-RESILIENT AGRICULTURE. IN 2025, THE PROGRAM GRADUATED THREE COHORTS OF WOMEN AND PRODUCED 1.5 TONS OF FOOD SUPPORTING STUDENTS, FAMILIES, AND THE LOCAL COMMUNITY.KSP ALSO DELIVERED HEALTH AND GENDER EQUITY SERVICES, INCLUDING 387 COMMUNITY HEALTH SCREENINGS AND MENSTRUAL HEALTH EDUCATION FOR 1,000+ GIRLS.KSP IS EXPANDING TOWARD A PERMANENT CAMPUS WITH CAPACITY TO SERVE UP TO 500 STUDENTS ANNUALLY.PROGRAM EXPENSES: APPROXIMATELY 65.9% OF TOTAL EXPENSES (CTE D'IVOIRE PROGRAMS: SCHOOL 42.95% + WOMEN & GIRLS 22.96%).

Program 2
Expenses: $127,518

KSP PROVIDES DIRECT SUPPORT TO UNDERSERVED FAMILIES IN SILICON VALLEY EXPERIENCING HOUSING INSTABILITY AND ECONOMIC HARDSHIP.IN 2025, KSP ADAPTED SERVICES TO MEET EMERGING COMMUNITY NEEDS AND HELPED...

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KSP PROVIDES DIRECT SUPPORT TO UNDERSERVED FAMILIES IN SILICON VALLEY EXPERIENCING HOUSING INSTABILITY AND ECONOMIC HARDSHIP.IN 2025, KSP ADAPTED SERVICES TO MEET EMERGING COMMUNITY NEEDS AND HELPED SIX FAMILIES (35 INDIVIDUALS) TRANSITION FROM VEHICLE LIVING TO MORE STABLE HOUSING. PROGRAMS ALSO INCLUDED YOUTH DEVELOPMENT INITIATIVES SUCH AS OUTDOOR WELLNESS PROGRAMMING AND THE YOUTH EMPOWERMENT STORY SUMMIT, SERVING 78 YOUTH THROUGH MENTORSHIP AND LEADERSHIP DEVELOPMENT.THESE EFFORTS IMPROVE HOUSING STABILITY, EDUCATIONAL ACCESS, AND YOUTH WELL-BEING.PROGRAM EXPENSES: APPROXIMATELY 37.1% OF U.S. EXPENSES ATTRIBUTED TO MISSION-DRIVEN PROGRAMMING.

Program 3
Expenses: $1,320

KSP ADVANCES ITS MISSION THROUGH PARTNERSHIPS AND COMMUNITY ENGAGEMENT INITIATIVES. IN 2025, KSP HOSTED ITS FIRST DONOR EDUCATIONAL TRIP TO CTE D'IVOIRE, ENGAGING 13 PARTICIPANTS IN A VOLUNTEERING...

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KSP ADVANCES ITS MISSION THROUGH PARTNERSHIPS AND COMMUNITY ENGAGEMENT INITIATIVES. IN 2025, KSP HOSTED ITS FIRST DONOR EDUCATIONAL TRIP TO CTE D'IVOIRE, ENGAGING 13 PARTICIPANTS IN A VOLUNTEERING TRIP PROGRAM LEARNING AND GLOBAL AWARENESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $322,722
Program Service Revenue $0
Investment Income $19
Other Revenue $0
TOTAL REVENUE $322,741

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,374
Fundraising Expenses $14,891
Program Expenses $241,658
Other Expenses $162,399
TOTAL EXPENSES $284,773

Year-over-Year Comparison

2025 2024 Change
Revenue $322,741 $313,871 +0.0%
Expenses $284,773 $253,204 +0.1%
Net Income $37,968 $60,667 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$87,521
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRY AUERBACH CHAIRPERSON 1.50
Officer Director
$0 $0 $0
DAVID HOFFMAN TREASURER 1.50
Officer Director
$0 $0 $0
SKIP SMITH MEMBER 1.50
Director
$0 $0 $0
JANIS ZINN MEMBER 1.50
Director
$0 $0 $0
EVELYN KEOMIAN PRESIDENT 40.00
Officer
$87,521 $0 $87,521
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $322,741 $284,773 $150,080 $37,968
2024 $313,871 $253,204 $112,137 $60,667
2023 $142,678 $212,317 $51,858 $-69,639
2022 $335,775 $281,300 $121,109 $54,475
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