SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2017
Open to Public
Inspection
Name of the organization
The Kinkaid School Inc
 
Employer identification number

76-0295523
Return Reference Explanation
Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee The Executive Committee consists of the Chair, the Vice Chair, the President and the two most immediate former chairs of the Board of Trustees. In addition, the Board may elect not more than 4 additional members of the Board of Trustees to serve on the Executive Committee. All members of the Executive Committee are members of the Board of Trustees. The Executive Committee has all of the powers and authority of the Board of Trustees.
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Mary Eliza Shaper, Trustee, is the daughter of Mary Nell Lovett, Life Trustee.
Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed by the Chair of the Board of Trustees, the Chair of the Finance Committee, the Headmaster, and the Chief Financial Officer. The Form is made available to all trustees before filing.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts A conflict of interest disclosure is completed annually by all officers, directors, trustees, and key employees.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management During 2017-2018, the School's headmaster was in the fifth, and final year, of his employment contract. The terms of the employment contract were based on comparative data provided by the National Association of Independent Schools (NAIS) and the Independent School Association of the SW (ISAS). The contract was negotiated by a compensation committee of the board.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The headmaster determines the salaries of other key employees in consultation with the compensation committee using comparative data provided by NAIS and ISAS.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The School provides copies of documents at no charge upon request.
Other Changes In Net Assets Or Fund Balances - Other Increases Adjustment to minimum pension liability = $2747346
Other Changes In Net Assets Or Fund Balances - Other Decreases Clean-up and repair expenses resulting from Hurricane Harvey = -$26175
Other Changes In Net Assets Or Fund Balances - Other Increases Insurance proceeds related to Hurricane Harvey losses = $674228
Other Changes In Net Assets Or Fund Balances - Other Decreases Property and equipment loss resulting from Hurricane Harvey = -$208607
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2017


Additional Data


Software ID: 17005038
Software Version: 2017v2.2