Khan Schools Network

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

Salman Khan

Phone

8577779096

Tax Period

2024-08-01 to 2025-07-31

Khan Schools Network, founded in 2023, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. The organization ran a surplus of $1.3M, a strong 73% operating margin.

Mission

Khan Schools Network cultivates mastery-based learning through supporting the creation of innovative schools, programs, and curricula, accessible to learners anywhere.

Program Service Accomplishments

Program 1

Expenses: $184,646

Khan Schools Network cultivates mastery-based learning through supporting the creation of innovative school, programs, and curricula, accessible to learners anywhere. In 2024, the organization was...

Khan Schools Network cultivates mastery-based learning through supporting the creation of innovative school, programs, and curricula, accessible to learners anywhere. In 2024, the organization was still developing the program and began to develop curricular and programmatic resources for mastery-based school founders.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,755,935

Program Service Revenue $0

Investment Income $451

Other Revenue $0

TOTAL REVENUE $1,756,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,234

Fundraising Expenses $7,939

Program Expenses $184,646

Other Expenses $307,906

TOTAL EXPENSES $477,140

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,756,386	$1,797,405	0.0%
Expenses	$477,140	$24,902	+18.2%
Net Income	$1,279,246	$1,772,503	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Salman Khan	Chairman	005.00	Officer Director	$0	$0	$0
Hemant Taneja	President	001.00	Officer Director	$0	$0	$0
Prabha Kannan	Treasurer	001.00	Officer Director	$0	$0	$0
Kimberly Dow	Secretary / Executive Director	010.00	Officer Director	$0	$0	$0
Adam Peshek	Director	001.00	Director	$0	$0	$0
Kate Anthony	CFO	010.00	Officer	$0	$0	$0

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	$1,756,386	$477,140	$3,170,048	$1,279,246
2024	$1,797,405	$24,902	$1,792,018	$1,772,503