KIPP TEXAS INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- KIPP TEXAS INC (EIN 01-0639602)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-13
- IRS object ID
- 202641339349309954
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-13T21:23:41-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010639602 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP Texas Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIPP | BusinessNameControlTxt |
| Phone | 5125013646 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10711 KIPP Way | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77099 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Son Nam Han | PersonNm |
| Person Title | Chief Financial Officer | PersonTitleTxt |
| Phone | 5125013646 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara Murphy | PreparerPersonNm |
| PTIN | P01386215 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Sehba Ali | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10711 KIPP Way | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77099 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $480,029,581 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.kipptexas.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2003 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | KIPP Texas Public Schools is an open-enrollment, free public charter school network of more than 45 schools with more than 32,000 Pre-K - 12 students across the state and an impact of 30 years in Texas. Together with our families and communities, we prepare our students for college, career, and beyond!An integral part of the KIPP Texas approach is KIPP Forward. Through KIPP Forward, we're supporting students to choose and prepare for the educational and career path that fits their goals and sense of purpose. Once on their way, KIPP Forward teams help alumni keep moving forward while pursuing their dreams.To learn more, go to https://kipptexas.org/about/ | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 5081 | TotalEmployeeCnt |
| Total Volunteers | 3000 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $470,418,820 | PYContributionsGrantsAmt |
| CY Contributions Grants | $470,899,593 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,423,174 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,395,608 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,529,154 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,043,974 | CYInvestmentIncomeAmt |
| PY Other Revenue | $66,975 | PYOtherRevenueAmt |
| CY Other Revenue | $77,657 | CYOtherRevenueAmt |
| PY Total Revenue | $482,438,123 | PYTotalRevenueAmt |
| CY Total Revenue | $479,416,832 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $47,074 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $150,981 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $305,355,188 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $303,176,522 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,661,817 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $167,770,499 | PYOtherExpensesAmt |
| CY Other Expenses | $177,266,772 | CYOtherExpensesAmt |
| PY Total Expenses | $473,172,761 | PYTotalExpensesAmt |
| CY Total Expenses | $480,594,275 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,265,362 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,177,443 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $879,663,965 | TotalAssetsBOYAmt |
| Total Assets EOY | $868,086,294 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $703,363,245 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $692,973,606 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $176,300,720 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $175,112,688 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Together with our families and communities, KIPP Texas creates joyful, academically excellent schools that prepare our students to pursue any path they choose - college, career, and beyond - so they can lead fulfilling lives and build a more just world. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $438,829,386 | ExpenseAmt |
| Revenue | $2,395,608 | RevenueAmt |
| Desc | See Schedule O KIPP Texas is committed to excellence in education with an instructional program in which students are given the opportunity to master the fundamental skills of mathematics, science, social studies, fine arts, sports, additional languages, and more as well as the confidence necessary to succeed in college, career, and beyond. Other fundamental learning in the arts, literature, foreign language, natural sciences, social sciences, physical education, and college and career readiness skills is provided for all students. Recognition is given and provisions are made for the individual capabilities, creative talents, needs, and interests of each student so that all students Rise Together. Through our collective hard work and commitment, KIPP students complete college at a rate that is comparable to the national average for all students and four times higher for students from low-income households. KIPP Texas students enter by lottery with no test for admission and no screening.To learn more, go to https://kipptexas.org/ | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,710,001 | ExpenseAmt |
| Grant | $150,981 | GrantAmt |
| Desc | See Schedule OKIPP Forward is a program designed to help our KIPPsters go to and through college and lead a choice-filled life. KIPP Texas counselors work with students starting in middle school to select the right classes, fill out the FAFSA and other college scholarship forms, prepare to take the ACT, and support them as they prepare for and select the right college and career based on their interests and passions. After high school, KIPP Texas advisors help alumni navigate the academic, social, and financial challenges they might encounter while in college or pursuing a career.To learn more, go to https://kipptexas.org/kipp-foward/ | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $441,539,387 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 419 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 5081 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Susan Liao | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8323281051 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10711 KIPP Way | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77099 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Allison Thacker | |||||||||
| Chair | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Darla Whitaker | |||||||||
| Vice Chair | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Lauren Gore | |||||||||
| Secretary | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Dolores Lozano | |||||||||
| Assistant Secretary | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Gene Austin | |||||||||
| Treasurer | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Peter Brodsky | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Cleve Glenn | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Keith Hennington | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Jaime Ivan | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Claudine Lussier | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ethan Phillips | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Patricia Ponton | |||||||||
| Board Member | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Shana Ravnsborg | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Shawn Raymond | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MacKenzie Richter | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Manolo Sanchez | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Nila Sharma | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Sara Villarreal | |||||||||
| Board Member | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Sehba Z Ali | |||||||||
| Chief Executive Officer | 50.00 | 1.00 | Yes (X) | $535,752 | $0 | $79,371 | |||
| Larry J Guillory | |||||||||
| Chief Administration Officer | 50.00 | 0.00 | Yes (X) | $506,353 | $0 | $34,933 | |||
| Son Nam Han | |||||||||
| Chief Financial Officer | 31.00 | 20.00 | Yes (X) | $347,747 | $75,167 | $36,741 | |||
| Jobina A Scott | |||||||||
| Chief Advancement Officer | 50.00 | 0.00 | Yes (X) | $372,697 | $0 | $27,148 | |||
| Daniel Caesar | |||||||||
| Chief Schools Officer | 50.00 | 0.00 | Yes (X) | $311,642 | $0 | $34,957 | |||
| Rona S Simmons | |||||||||
| Chief Academic Officer | 50.00 | 0.00 | Yes (X) | $289,338 | $0 | $33,145 | |||
| Laura M Howarth | |||||||||
| Chief Operating Officer | 50.00 | 0.00 | Yes (X) | $293,830 | $0 | $35,781 | |||
| Monijit K Katial | |||||||||
| Regional Superintendent | 50.00 | 0.00 | $154,198 | $0 | $12,850 | Yes (X) | |||
| Eric Coleman | |||||||||
| Regional Superintendent | 50.00 | 0.00 | $274,268 | $0 | $24,412 | Yes (X) | |||
| Francis Cush Jr | |||||||||
| Regional Superintendent | 50.00 | 0.00 | $251,731 | $0 | $29,284 | Yes (X) | |||
| Guadalupe Diaz | |||||||||
| Regional Superintendent | 50.00 | 0.00 | $257,420 | $0 | $27,364 | Yes (X) | |||
| Rian K Wright | |||||||||
| Regional Superintendent | 50.00 | 0.00 | $199,461 | $0 | $23,714 | Yes (X) | |||
| Caitlin Butler | |||||||||
| Deputy Chief, Talent | 50.00 | 0.00 | $224,484 | $0 | $20,086 | Yes (X) | |||
| Joseph Hykle | |||||||||
| Deputy Chief, Finance | 50.00 | 0.00 | $241,463 | $0 | $28,910 | Yes (X) | |||
| Tiana O Symmonds | |||||||||
| Deputy Chief, Data Transformation | 50.00 | 0.00 | $219,255 | $0 | $19,161 | Yes (X) | |||
| Charles W Fimble Jr | |||||||||
| Deputy Chief, Human Resources | 50.00 | 0.00 | $210,542 | $0 | $23,986 | Yes (X) | |||
| Susan Liao | |||||||||
| Deputy Chief, Accounting | 50.00 | 0.00 | $207,491 | $0 | $26,611 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,897,672 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $75,167 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $518,454 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 207 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| First Student Inc | |||||
| 22157 Network Place | Chicago | IL | 60673 | Bus transportation | $20,751,955 |
| Sodexo Operations LLC | |||||
| PO Box 536922 | Atlanta | GA | 30353 | Cafeteria services | $9,829,013 |
| The Fence Lady Inc | |||||
| 1920 FM Ranch Rd 12 | San Marcos | TX | 78666 | Construction | $7,307,024 |
| Scoot Education Inc | |||||
| 5670 Wilshire Blvd Ste 1970 | Los Angeles | CA | 90036 | Staffing services | $5,038,642 |
| RNA Facilities Management | |||||
| 4130 Varsity Dr Ste 500 | Ann Arbor | MI | 48108 | Facilities management | $3,794,770 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 95 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,521,912 | FundraisingAmt |
| Related Organizations | $2,000,000 | RelatedOrganizationsAmt |
| Government Grants | $456,321,919 | GovernmentGrantsAmt |
| All Other Contributions | $11,055,762 | AllOtherContributionsAmt |
| Noncash Contributions | $54,656 | NoncashContributionsAmt |
| Total Contributions | $470,899,593 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Auxiliary fees | 611710 | $1,967,277 | $1,967,277 |
| Charter Program fees | 611710 | $392,602 | $392,602 |
| Food service fees | 611710 | $35,729 | $35,729 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,395,608 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,915,758 | TotalRevenueColumnAmt |
| Exclusion | $5,915,758 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $107,042 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $107,042 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $107,042 | TotalRevenueColumnAmt |
| Exclusion | $107,042 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $346,720 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $218,504 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $128,216 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $128,216 | TotalRevenueColumnAmt |
| Exclusion | $128,216 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $364,860 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,521,912 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $394,245 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$29,385 | TotalRevenueColumnAmt |
| Exclusion | -$29,385 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $479,416,832 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,395,608 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,121,631 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,981 | TotalAmt |
| Program Services | $150,981 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,139,804 | TotalAmt |
| Program Services | $624,928 | ProgramServicesAmt |
| Management And General | $3,514,876 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,530,809 | TotalAmt |
| Program Services | $221,114,750 | ProgramServicesAmt |
| Management And General | $13,606,978 | ManagementAndGeneralAmt |
| Fundraising | $2,809,081 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,232,743 | TotalAmt |
| Program Services | $30,149,807 | ProgramServicesAmt |
| Management And General | $1,733,121 | ManagementAndGeneralAmt |
| Fundraising | $349,815 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,688,523 | TotalAmt |
| Program Services | $23,791,951 | ProgramServicesAmt |
| Management And General | $1,671,838 | ManagementAndGeneralAmt |
| Fundraising | $224,734 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,584,643 | TotalAmt |
| Program Services | $3,286,822 | ProgramServicesAmt |
| Management And General | $254,460 | ManagementAndGeneralAmt |
| Fundraising | $43,361 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $669,822 | TotalAmt |
| Management And General | $669,822 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,603 | TotalAmt |
| Management And General | $63,603 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,172,747 | TotalAmt |
| Program Services | $21,236,731 | ProgramServicesAmt |
| Management And General | $3,611,575 | ManagementAndGeneralAmt |
| Fundraising | $324,441 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,860,891 | TotalAmt |
| Program Services | $8,652,622 | ProgramServicesAmt |
| Management And General | $1,219,827 | ManagementAndGeneralAmt |
| Fundraising | $988,442 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,927,984 | TotalAmt |
| Program Services | $15,441,388 | ProgramServicesAmt |
| Management And General | $1,400,337 | ManagementAndGeneralAmt |
| Fundraising | $86,259 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,169,740 | TotalAmt |
| Program Services | $10,509,919 | ProgramServicesAmt |
| Management And General | $569,333 | ManagementAndGeneralAmt |
| Fundraising | $90,488 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,491 | TotalAmt |
| Program Services | $14,570 | ProgramServicesAmt |
| Management And General | $4,896 | ManagementAndGeneralAmt |
| Fundraising | $25 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,010,806 | TotalAmt |
| Program Services | $799,827 | ProgramServicesAmt |
| Management And General | $132,660 | ManagementAndGeneralAmt |
| Fundraising | $78,319 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,128,998 | TotalAmt |
| Program Services | $20,934,549 | ProgramServicesAmt |
| Management And General | $1,014,063 | ManagementAndGeneralAmt |
| Fundraising | $180,386 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,649,062 | TotalAmt |
| Program Services | $26,280,740 | ProgramServicesAmt |
| Management And General | $1,164,261 | ManagementAndGeneralAmt |
| Fundraising | $204,061 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,236,381 | TotalAmt |
| Program Services | $3,727,296 | ProgramServicesAmt |
| Management And General | $1,476,968 | ManagementAndGeneralAmt |
| Fundraising | $32,117 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Transportation/bus | $19,643,917 | $19,643,917 | ||
| Cafeteria/food expenses | $16,624,032 | $16,624,032 | ||
| Repairs & maintenance | $13,555,871 | $12,846,783 | $583,024 | $126,064 |
| Student trips | $1,935,897 | $1,935,897 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,597,530 | TotalAmt |
| Program Services | $3,771,877 | ProgramServicesAmt |
| Management And General | $701,429 | ManagementAndGeneralAmt |
| Fundraising | $124,224 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $480,594,275 | TotalAmt |
| Program Services | $441,539,387 | ProgramServicesAmt |
| Management And General | $33,393,071 | ManagementAndGeneralAmt |
| Fundraising | $5,661,817 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,635 | BOYAmt |
| EOY | $135,052 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,234,338 | BOYAmt |
| EOY | $146,880,409 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,925,576 | BOYAmt |
| EOY | $71,936,184 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $787,122 | BOYAmt |
| EOY | $178,952 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,220,465 | BOYAmt |
| EOY | $2,098,830 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $838,163,443 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $221,398,945 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $631,796,056 | BOYAmt |
| EOY | $616,764,498 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,044,839 | BOYAmt |
| EOY | $2,181,835 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,538,934 | BOYAmt |
| EOY | $27,910,534 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $879,663,965 | BOYAmt |
| EOY | $868,086,294 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,756,110 | BOYAmt |
| EOY | $70,352,508 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,015,131 | BOYAmt |
| EOY | $821,063 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $556,068,980 | BOYAmt |
| EOY | $545,833,946 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,523,024 | BOYAmt |
| EOY | $75,966,089 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $703,363,245 | BOYAmt |
| EOY | $692,973,606 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,641,415 | BOYAmt |
| EOY | $159,051,987 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,659,305 | BOYAmt |
| EOY | $16,060,701 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,300,720 | BOYAmt |
| EOY | $175,112,688 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $879,663,965 | BOYAmt |
| EOY | $868,086,294 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,177,443 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$10,589 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $389,509,753 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $452,780,690 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $473,780,779 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $470,418,820 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $470,899,593 | CurrentTaxYearAmt |
| Total | $2,257,389,635 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $389,509,753 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $452,780,690 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $473,780,779 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $470,418,820 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $470,899,593 | CurrentTaxYearAmt |
| Total | $2,257,389,635 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $2,257,389,635 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $910,002 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $682,649 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,773,420 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,709,709 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,022,800 | CurrentTaxYearAmt |
| Total | $19,098,580 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $78,214 | CurrentTaxYearMinus2YearsAmt |
| Total | $78,214 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $64,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $338,437 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,115 | CurrentTaxYearMinus1YearAmt |
| Total | $436,998 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,277,003,427 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $20,293,716 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99140 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99300 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Insurance recovery - 2021 Amount: $ 64,446. 2022 Amount: $ 338,437. 2023 Amount: $ 34,115. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $887,757 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $68,884 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $956,641 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $743,741 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $144,016 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $887,757 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $630,853 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $112,888 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $743,741 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $713,899 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$83,046 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $630,853 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $609,455 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $112,194 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,750 | GrantsOrScholarshipsAmt |
| End Year Balance | $713,899 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.19861 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.80139 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $80,507,338 | OtherCostOrOtherBasisAmt |
| Book Value | $80,507,338 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $713,347,250 | OtherCostOrOtherBasisAmt |
| Depreciation | $194,207,941 | DepreciationAmt |
| Book Value | $519,139,309 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,703,191 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,191,004 | DepreciationAmt |
| Book Value | $12,512,187 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,605,664 | OtherCostOrOtherBasisAmt |
| Book Value | $4,605,664 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $616,764,498 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Taxable bonds | $44,299,265 |
| Lease payable | $5,166,824 |
| Note payable to affiliate | $26,500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $75,966,089 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $481,293,529 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$10,589 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,887,286 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,876,697 | RevenueNotReportedAmt |
| Revenue Subtotal | $479,416,832 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $479,416,832 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $482,481,561 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,887,286 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $1,887,286 | ExpensesNotReportedAmt |
| Expenses Subtotal | $480,594,275 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $480,594,275 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part V, Line 4: | FormAndLineReferenceDesc |
| Explanation | The endowment provides a source of funds for college scholarships for deserving graduates of KIPP Texas. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | KIPP Texas, Inc. discloses its non-discrimination policy in admissions materials and on its website. |
| Schedule E, Part I, Line 6 | As a public charter school, KIPP receives both State & Federal grants for education from the Texas Education Agency, U.S. Department of Education, and U.S. Department of Agriculture. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Houston Benefit | Event1Nm |
| Gross Receipts Event1 | $1,010,257 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $747,437 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $262,820 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $133,180 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $38,530 | OtherDirectExpensesEvent1Amt |
| Event2 | Dallas Benefit | Event2Nm |
| Gross Receipts Event2 | $380,787 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $342,307 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $38,480 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $18,180 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $53,313 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $7,500 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $19,318 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $495,728 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $432,168 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $63,560 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $33,453 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $69,155 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $21,616 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,886,772 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,521,912 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $364,860 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $51,633 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $255,648 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $7,500 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $79,464 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $394,245 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$29,385 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 56 | RecipientCnt |
| Cash Grant | $150,981 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The KIPP Forward department distributes scholarship applications to all graduating seniors in May of every year. In June, the selection committee awards the scholarships based on the applicants' financial needs, academic commitment, and personal character. Scholarship recipients must volunteer at KIPP during the summer. There are two disbursements to the recipients. Students receive their first half of payment during the first month on campus. The second half of the reward is contingent on their fall semester grades, payable in the spring semester. The recipient can also renew their award with good academic standing and continued summer volunteering at KIPP. To learn more about KIPP Forward go to https://kipptexas.org/kipp-forward/ | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sehba Z Ali | ||||||||||||||
| Chief Executive Officer | $409,773 | $0 | $125,979 | $0 | $0 | $0 | $68,991 | $0 | $10,380 | $0 | $615,123 | $0 | $0 | $0 |
| Larry J Guillory | ||||||||||||||
| Chief Administration Officer | $295,763 | $0 | $92,708 | $0 | $117,882 | $0 | $25,937 | $0 | $8,996 | $0 | $541,286 | $0 | $0 | $0 |
| Son Nam Han | ||||||||||||||
| Chief Financial Officer | $287,555 | $75,167 | $60,192 | $0 | $0 | $0 | $27,595 | $0 | $9,146 | $0 | $384,488 | $75,167 | $0 | $0 |
| Jobina A Scott | ||||||||||||||
| Chief Advancement Officer | $287,555 | $0 | $85,142 | $0 | $0 | $0 | $27,129 | $0 | $19 | $0 | $399,845 | $0 | $0 | $0 |
| Daniel Caesar | ||||||||||||||
| Chief Schools Officer | $278,500 | $0 | $33,142 | $0 | $0 | $0 | $26,250 | $0 | $8,707 | $0 | $346,599 | $0 | $0 | $0 |
| Laura M Howarth | ||||||||||||||
| Chief Operating Officer | $262,738 | $0 | $31,092 | $0 | $0 | $0 | $23,861 | $0 | $11,920 | $0 | $329,611 | $0 | $0 | $0 |
| Rona S Simmons | ||||||||||||||
| Chief Academic Officer | $259,364 | $0 | $29,974 | $0 | $0 | $0 | $22,961 | $0 | $10,184 | $0 | $322,483 | $0 | $0 | $0 |
| Eric Coleman | ||||||||||||||
| Regional Superintendent | $206,876 | $0 | $37,446 | $0 | $29,946 | $0 | $18,419 | $0 | $5,993 | $0 | $298,680 | $0 | $0 | $0 |
| Guadalupe Diaz | ||||||||||||||
| Regional Superintendent | $206,875 | $0 | $24,295 | $0 | $26,250 | $0 | $20,083 | $0 | $7,281 | $0 | $284,784 | $0 | $0 | $0 |
| Francis Cush Jr | ||||||||||||||
| Regional Superintendent | $226,184 | $0 | $25,547 | $0 | $0 | $0 | $20,577 | $0 | $8,707 | $0 | $281,015 | $0 | $0 | $0 |
| Joseph Hykle | ||||||||||||||
| Deputy Chief, Finance | $222,500 | $0 | $18,963 | $0 | $0 | $0 | $21,779 | $0 | $7,131 | $0 | $270,373 | $0 | $0 | $0 |
| Caitlin Butler | ||||||||||||||
| Deputy Chief, Talent | $146,581 | $0 | $12,836 | $0 | $65,067 | $0 | $14,019 | $0 | $6,067 | $0 | $244,570 | $0 | $0 | $0 |
| Tiana O Symmonds | ||||||||||||||
| Deputy Chief, Data Transformation | $139,888 | $0 | $10,500 | $0 | $68,867 | $0 | $13,094 | $0 | $6,067 | $0 | $238,416 | $0 | $0 | $0 |
| Charles W Fimble Jr | ||||||||||||||
| Deputy Chief, Human Resources | $193,158 | $0 | $17,384 | $0 | $0 | $0 | $16,919 | $0 | $7,067 | $0 | $234,528 | $0 | $0 | $0 |
| Susan Liao | ||||||||||||||
| Deputy Chief, Accounting | $191,037 | $0 | $16,034 | $0 | $420 | $0 | $17,904 | $0 | $8,707 | $0 | $234,102 | $0 | $0 | $0 |
| Rian K Wright | ||||||||||||||
| Regional Superintendent | $186,437 | $0 | $13,024 | $0 | $0 | $0 | $16,433 | $0 | $7,281 | $0 | $223,175 | $0 | $0 | $0 |
| Monijit K Katial | ||||||||||||||
| Regional Superintendent | $108,365 | $0 | $10,000 | $0 | $35,833 | $0 | $9,316 | $0 | $3,534 | $0 | $167,048 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Lines 4a-b | Severance payments were made to Caitlin Butler for $54,487, Tiana O. Symmonds for $58,771 and Larry J. Guillory for $96,536. Sehba Z. Ali received $35,000 from a supplemental nonqualified retirement plan. |
| Part I, Line 7 | The officers, key employees, and other highly compensated employees listed on Part II received bonuses as reflected in column (B)(ii) based on individual performance and the overall financial health of the organization. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Texas Public Finance Authority | ||||||||
| A | 562491403 | 88276PED4 | 2014-11-25 | $40,237,679 | Fund capital expenditures | 0 | 0 | 0 |
| Hilshire Village Higher Education Finance Corp | ||||||||
| B | 474749735 | 2015-08-13 | $4,123,000 | Fund capital expenditures | 0 | 0 | 0 | |
| City of Houston Higher Education Finance Corp | ||||||||
| C | 760387014 | 442378GK5 | 2014-07-10 | $48,641,499 | Construct & Refund Prior Debt | 0 | 0 | 0 |
| City of Houston Higher Education Finance Corp | ||||||||
| D | 760387014 | 44237HCM5 | 2015-05-19 | $80,153,143 | Refund Prior Debt | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $6,685,000 | $40,244,893 | $760,625 | $39,484,268 | 2017 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $1,950,000 | $4,123,087 | $73,615 | $4,049,472 | 2015 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $16,220,000 | $48,641,499 | $912,851 | $15,860,723 | 2016 | Yes (1) | 0 | Yes (1) | Yes (1) | $31,867,925 |
| D | $11,400,000 | $80,153,143 | $1,208,732 | 2017 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | $78,944,411 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Entity 1, Part II, Column A, line 3 | The $40,244,893 total proceeds of issue includes investment proceeds of the issue. |
| Schedule K, Entity 2, Part II, Column A, line 3 | The $102,992,446 total proceeds of issue includes investment proceeds of the issue. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| Arlington Higher Education Finance Corp | ||||||||
| A | 273906171 | 041806RS1 | 2018-11-13 | $102,982,703 | Fund capital expenditures | 0 | 0 | 0 |
| Arlington Higher Education Finance Corp | ||||||||
| B | 273906171 | 041806WE6 | 2019-11-13 | $113,267,488 | Fund capital expenditures | 0 | 0 | 0 |
| Arlington Higher Education Finance Corp | ||||||||
| C | 273906171 | 041806C24 | 2020-09-30 | $56,478,305 | Fund capital expenditures | 0 | 0 | 0 |
| Arlington Higher Education Finance Corp | ||||||||
| D | 273906171 | 0418066f2 | 2022-03-29 | $178,504,947 | Fund capital expenditures | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Credit EnhancementCreditEnhancementAmt | Other Spent ProceedsOtherSpentProceedsAmt | Refunding EscrowRefundingEscrowAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $3,235,000 | $102,992,446 | $2,695,229 | $1,432,353 | $98,788,489 | $88,215 | 2019 | 0 | 0 | 0 | Yes (1) | |||
| B | $10,100,000 | $113,267,488 | $1,558,050 | $108,910,891 | 2021 | 0 | 0 | 0 | Yes (1) | $2,624,357 | $174,190 | |||
| C | $1,955,000 | $56,478,305 | $1,017,330 | $54,001,589 | 2022 | 0 | 0 | 0 | Yes (1) | $1,459,386 | ||||
| D | $4,590,000 | $178,504,974 | $4,563,810 | $1,937,559 | $156,870,706 | $7,820 | 2024 | 0 | 0 | 0 | Yes (1) | $10,588 | $15,114,491 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Lorena Vega | |||
| Spouse of Key EE | $67,300 | Employment | 0 |
| Matthew Cush | |||
| Brother of Key EE | $65,800 | Employment | 0 |
| Carlos Vega | |||
| In-Law of Key EE | $63,800 | Employment | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $10,506 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Auction items | 26 | $37,650 | FMV |
| Yes (X) | Supplies | 2 | $6,500 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1a | The Executive Committee is comprised of the Chair, Vice Chair, Finance Committee Chair, CEO, CFO, and two members appointed by the Chair; provided, however, that the CEO and CFO are ex officio, non-voting members of the Executive Committee. The Executive Committee is responsible for conducting Board affairs in the intervals between meetings, dealing with matters of urgency, and coordinating the annual performance review of the CEO. The Executive Committee may also consider and approve real estate and construction projects and consider and approve legal settlements up to $100,000 if so delegated by the Board. |
| Form 990, Part VI, Section B, line 11b | Form 990 is reviewed internally by the CFO and Controller. The Board of Directors receives a copy of the approved tax return prior to filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | All governing board members are required to sign and date copies of Texas Education Agency's conflict of interest forms and such forms are maintained in the Charter district office, as required by 19 TAC 100.1203(a)(3), at all times. This Governance form information must be submitted through TEAL account in Charter School Tracking System (CSTS). One online form must be completed for EACH individual board member for each charter. All forms must be in "submitted" status to complete the submission. |
| Form 990, Part VI, Section B, line 15 | The Board approved the compensation package for the CEO. Documentation supporting the decision is retained by the organization. The CEO, in conjunction with the Chief Administrative Officer, reviews compensation data from comparable charter schools and approves the compensation package for other Officers. |
| Form 990, Part VI, Section C, line 19 | Available upon request. |
| Form 990, Part IX, line 24e | Professional development: Program service expenses 1,248,299. Management and general expenses 383,808. Fundraising expenses 122,993. Total expenses 1,755,100. Educational supplies: Program service expenses 1,320,549. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,320,549. Dues & subscriptions: Program service expenses 800,854. Management and general expenses 317,621. Fundraising expenses 1,231. Total expenses 1,119,706. Extracurricular activities: Program service expenses 234,530. Management and general expenses 0. Fundraising expenses 0. Total expenses 234,530. Event expenses: Program service expenses 167,645. Management and general expenses 0. Fundraising expenses 0. Total expenses 167,645. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP Texas Future Fund | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10711 KIPP Way | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77099 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260279655 | EIN |
| Primary Activities | Provide financial services to charter school | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 12(a) | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP Texas Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| KIPP Texas Future Fund | ||
| E | $26,500,000 | Cash |
| KIPP Texas Future Fund | ||
| C | $2,000,000 | Cash |