2023-05-09T10:55:06-05:00 2022-06-30 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2021-07-01 010639602 KIPP Texas Inc KIPP 5125013646 10711 KIPP Way Houston TX 77099 Son Nam Han CFO 5125013646 2023-05-09 1 Son Nam Han 999009999 Barbara Murphy P01386215 7134395739 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Sehba Ali 10711 KIPP Way Houston TX 77099 458992119 0 X www.kipptexas.org X 2003 TX KIPP Texas Public Schools is an open-enrollment, public, tuition-free charter school network of 59 schools with nearly 34,000 pre-K - 12th grade students across the state. Together with our families and communities, we create 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.An integral part of the KIPP Texas approach is KIPP Forward. KIPP Forward honors our promise to support our alumni to and through college and career completion by empowering alumni to continue to use their KIPP-developed scholarly habits, knowledge, and qualities of character to continue advancing and engaging with our communities.To learn more, go to https://kipptexas.org/about/ 17 17 5482 5000 0 0 389509753 452780690 3170337 3915022 2684938 673525 640579 419140 396005607 457788377 653308 105636 0 0 247137007 292667083 108928 118768 3774205 110666757 147945823 358566000 440837310 37439607 16951067 707973583 902975541 561742470 740080220 146231113 162895321 X 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. 0 0 396102777 3915022 See Schedule O KIPP Texas is committed to equity in education with an instructional program in which students are given the opportunity to master the fundamental skills of reading, writing, listening, speaking, spelling, and mathematics. 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. KIPP Texas students graduate college at a rate four times higher than the national average for low-income students. KIPP Texas students enter by lottery with no test for admission and no screening. Approximately 86% of our student population is economically disadvantaged and 38% are English Language Learners.To learn more, go to https://kipptexas.org/ 3947230 105636 See Schedule OAn integral part of the KIPP Texas approach is the KIPP Forward program, which empowers KIPPsters to live a life of choice through college access and career exploration. KIPP Forward honors our promise to support our alumni to and through college and career completion by empowering alumni to continue to use their KIPP-developed scholarly habits, knowledge, and qualities of character to continue advancing and engaging with our communities. The KIPP Forward team meets one-on-one with students and uses a data-driven approach to find schools that will be the right fit for each student. Once students graduate from high school, KIPP Forward remains a constant support to ensure that they remain on the path to college completion and career readiness. To learn more, go to https://kipptexas.org/kipp-foward/ 400050007 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 441 0 1 5482 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Susan Liao 8323281051 10711 KIPP Way Houston TX 77099 Sehba Z Ali CEO 50.00 1.00 X 452810 0 32838 Jaideep Hebbar thru 1221 CFO, CSO 50.00 0.00 X 332951 0 33295 Daphane Carter Chief Academic Officer 50.00 0.00 X 330215 0 32186 Larry Guillory Chief Administration Officer 50.00 0.00 X 313043 0 31408 Jobina Scott Chief Advancement Officer 50.00 0.00 X 281394 0 20660 Kris Cheung thru 1121 COO 50.00 0.00 X 262878 0 23512 Daniel Caesar Regional Superintendent 50.00 0.00 X 241782 0 23770 Herbert Smith Regional Superintendent 50.00 0.00 X 240448 0 21646 Vanessa Barry as of 1121 COO 50.00 0.00 X 228444 0 22752 Justin Scott Regional Superintendent 50.00 0.00 X 215602 0 21502 Anthony Smith Regional Superintendent 50.00 0.00 X 214016 0 20533 Eric Kot Deputy Chief of Operations 50.00 0.00 X 210408 0 21717 Son Nam Han as of 1221 CFO 50.00 1.00 X 209882 0 21299 Tiara Abu Deputy Chief, Academics & KTC 50.00 0.00 X 195128 0 17428 Charles Fimble Jr Deputy Chief, Human Resources 50.00 0.00 X 192119 0 18832 Kenneth Goeddeke Head of Schools 50.00 0.00 X 188774 0 20547 Erin Slezak Deputy Chief, Strategy 50.00 0.00 X 187525 0 17771 Eric Coleman Regional Superintendent 50.00 0.00 X 180866 0 16831 Gene Austin Chair 2.00 0.00 X X 0 0 0 Bill Boyar Immediate Past Chair 2.00 0.00 X X 0 0 0 Darla Whitaker Secretary 2.00 0.00 X X 0 0 0 Gretchen Miller Assistant Secretary 2.00 0.00 X X 0 0 0 Kent Wallace Treasurer 2.00 0.00 X X 0 0 0 Peter Brodsky Board Member 2.00 0.00 X 0 0 0 Jennefer Canales-Pelaez Board Member 2.00 0.00 X 0 0 0 Pepe Guevara Board Member 2.00 0.00 X 0 0 0 Duncan Klussman Board Member 2.00 0.00 X 0 0 0 Dolores Lozano Board Member 2.00 0.00 X 0 0 0 William Moll Board Member 2.00 0.00 X 0 0 0 Ethan Phillips Board Member 2.00 0.00 X 0 0 0 Shawn Raymond Board Member 2.00 0.00 X 0 0 0 Manolo Sanchez Board Member 2.00 0.00 X 0 0 0 Nila Alex Sharma Board Member 2.00 0.00 X 0 0 0 Allison Thacker Board Member 2.00 0.00 X 0 0 0 Velma Villegas Board Member 2.00 0.00 X 0 0 0 4478285 0 418527 139 0 1 0 First Student Inc 22157 Network Place Chicago IL 60673 Bus Transportation 12232022 Turner Construction Company 13430 Northwest Fwy 500 Houston TX 77040 Construction 11573758 Joeris General Contractors Ltd 823 Arion Parkway San Antonio TX 78216 General Contractor 10722140 Sodexo Inc PO Box 536922 Atlanta GA 30353 Cafeteria Services 5328802 Whiting-Turner Contracting Company 300 E Joppa Rd Baltimore MD 21286 General Contractor 4261189 58 1167289 431413953 20199448 1125498 452780690 Charter Program fees 611710 2970688 2970688 Auxiliary fees 611710 873891 873891 Food service fees 611710 53388 53388 Childcare service fees 611710 17055 17055 3915022 215437 215437 467212 0 467212 467212 467212 152151 1206691 69999 830755 82152 375936 458088 458088 190470 1167289 302988 -112518 -112518 Insurance recovery 611710 64446 64446 64446 457788377 3915022 0 1092665 105636 105636 3826564 362401 3464163 243966863 224504657 17152553 2309653 13050669 12221688 711875 117106 27306754 25335191 1753763 217800 4516233 4114639 360389 41205 652686 6220 646423 43 96931 96931 118768 118768 19259732 14108954 4983455 167323 16136699 14018156 1880448 238095 15234905 14340310 869173 25422 8257333 7664724 538407 54202 25332 16935 8241 156 599435 442706 137657 19072 15578750 14533972 944319 100459 20388646 19044696 1219352 124598 3104354 2520184 566750 17420 Repairs & maintenance 15732024 14452369 1123581 156074 Transportation/bus 14472778 14472778 Cafeteria/food expenses 11999013 11999013 Educational supplies 3282972 3276133 6839 3124233 2508645 548779 66809 440837310 400050007 37013098 3774205 79391800 938350 33915260 144105902 64282341 67718808 698749 1000836 1129408 2241888 704886444 151612560 479905743 553273884 1675966 1484001 46974316 132211872 707973583 902975541 58111233 76904631 1254897 1110351 408714009 574042059 267034 93395297 88023179 561742470 740080220 X 132324236 145127710 13906877 17767611 146231113 162895321 707973583 902975541 16951067 -286859 0 X 0 1 X 1 1 1 X 60716177 309349599 339642282 389509753 452780690 1551998501 60716177 309349599 339642282 389509753 452780690 1551998501 1551998501 151599 468874 1264422 910002 682649 3477546 1555476047 22498015 0.99780 0.99750 X Additional Supplemental Information - Part II: KIPP, Inc., KIPP Austin Public Schools, KIPP San Antonio, Inc., and KIPP Dallas-Fort Worth, Inc. merged to form KIPP Texas, Inc. (KIPP) under an Agreement and Plan of Merger approved and adopted effective July 1, 2018. On Schedule A, the 2017 column reflects information for KIPP Austin Public Schools (EIN: 01-0639602) as presented in prior years for this entity. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 713899 -83046 630853 609455 112194 7750 713899 558491 54848 3884 609455 506193 62510 10212 558491 614256 -89795 18268 506193 0.30118 0.69882 0 0 71523612 71523612 503747246 131387834 372359412 28396359 20224726 8171633 101219227 101219227 553273884 Bond proceeds held in trust 131145613 Right-of-use assets 1066259 132211872 Taxable bonds 58456920 Lease payable 1066259 Note payable to affiliate 28500000 88023179 457501518 -286859 -286859 457788377 0 457788377 440837310 0 440837310 0 440837310 Part V, Line 4: The endowment provides a source of funds for college scholarships for deserving graduates of KIPP Texas. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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, U.S. Department of Agriculture, and U.S. Department of the Treasury. X X X X X X X 1 Dini Spheris 2727 Allen Pkwy 1650 Houston TX 77019 Major Gift Counsel 0 0 118768 0 118768 TX Houston Dinner 916112 837612 78500 117592 38944 Dallas Dinner 278063 221143 56920 4625 18000 3500 44006 1 163584 108534 55050 10387 14161 2415 49358 1357759 1167289 190470 132604 32161 5915 132308 302988 -112518 1 Scholarships 61 105636 Part I, Line 2: 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 continue summer volunteering at KIPP. To learn more about KIPP Forward go to https//kipptexas.org/kipp-forward/ X X X X 0 0 0 0 0 0 0 1 0 Sehba Z Ali CEO 391607 0 59953 0 1250 0 26806 0 6032 0 485648 0 0 0 Jaideep Hebbar thru 1221 CFO, CSO 289527 0 42174 0 1250 0 27427 0 5868 0 366246 0 0 0 Daphane Carter Chief Academic Officer 288476 0 40539 0 1200 0 24995 0 7191 0 362401 0 0 0 Larry Guillory Chief Administration Officer 254711 0 43282 0 15050 0 23672 0 7736 0 344451 0 0 0 Jobina Scott Chief Advancement Officer 242924 0 38470 0 0 0 20641 0 19 0 302054 0 0 0 Kris Cheung thru 1121 COO 214973 0 35732 0 12173 0 18854 0 4658 0 286390 0 0 0 Daniel Caesar Regional Superintendent 216257 0 24275 0 1250 0 17812 0 5958 0 265552 0 0 0 Herbert Smith Regional Superintendent 216438 0 23960 0 50 0 16735 0 4911 0 262094 0 0 0 Vanessa Barry as of 1121 COO 212590 0 15804 0 50 0 17764 0 4988 0 251196 0 0 0 Justin Scott Regional Superintendent 193200 0 21932 0 470 0 14311 0 7191 0 237104 0 0 0 Anthony Smith Regional Superintendent 191550 0 22416 0 50 0 14144 0 6389 0 234549 0 0 0 Eric Kot Deputy Chief of Operations 188325 0 20833 0 1250 0 15328 0 6389 0 232125 0 0 0 Son Nam Han as of 1221 CFO 186683 0 21949 0 1250 0 15431 0 5868 0 231181 0 0 0 Tiara Abu Deputy Chief, Academics & KTC 165919 0 17959 0 11250 0 11804 0 5624 0 212556 0 0 0 Charles Fimble Jr Deputy Chief, Human Resources 171702 0 19167 0 1250 0 13354 0 5478 0 210951 0 0 0 Kenneth Goeddeke Head of Schools 166633 0 20891 0 1250 0 12849 0 7698 0 209321 0 0 0 Erin Slezak Deputy Chief, Strategy 165140 0 21922 0 463 0 11785 0 5986 0 205296 0 0 0 Eric Coleman Regional Superintendent 157283 0 19833 0 3750 0 11920 0 4911 0 197697 0 0 0 Part I, Line 7 The officers, key employees, and other highly compensated employees listed on Part II received bonuses as reflected in column (B)(iii) based on individual perfomance and the overall financial health of the organization. A Texas Public Finance Authority 562491403 88276PED4 2014-11-25 40237679 Fund capital expenditures 0 0 0 B Hilshire Village Higher Education Finance Corp 474749735 2015-08-13 4123000 Fund capital expenditures 0 0 0 C City of Houston Higher Education Finance Corp 760387014 442378GK5 2014-07-10 48641499 Construct & Refund Prior Debt 0 0 0 D City of Houston Higher Education Finance Corp 760387014 44237HCM5 2015-05-19 80153143 Refund Prior Debt 0 0 0 A 4535000 40244893 760625 39484268 0 0 1 1 B 1090000 4123087 73615 4049472 0 0 1 1 C 11340000 48641499 912851 15860723 31867925 2016 1 0 1 1 D 7660000 80153143 1208732 78944411 2017 1 1 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A Arlington Higher Education Finance Corp 273906171 041806RS1 2018-11-13 102982703 Fund capital expenditures 0 0 0 B Arlington Higher Education Finance Corp 273906171 041806WE6 2019-11-13 113267488 Fund capital expenditures 0 0 0 C Arlington Higher Education Finance Corp 273906171 041806C24 2020-09-30 56478305 Fund capital expenditures 0 0 0 D Arlington Higher Education Finance Corp 273906171 0418066f2 2022-03-29 156355000 Fund capital expenditures 0 0 0 A 1065000 102992446 2695229 1432353 98788489 76375 0 0 0 1 B 3740000 113267488 1558050 2624357 108509220 575861 0 0 0 1 C 400000 56478305 1017330 1459386 260121 53741468 0 0 0 1 D 178504974 4563810 15114491 1937559 41402398 115486716 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 X 4 950856 FMV X 1 38120 FMV X 1 438 FMV X Auction items 35 82211 Sale proceeds X Supplies 56 43208 FMV X Raffle items 11 10665 FMV 0 1 0 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. KIPP Texas Future Fund 10711 KIPP Way Houston TX 77099 260279655 Provide financial services to charter school TX 501(c)(3) 7 KIPP Texas Inc 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 KIPP Texas Future Fund E 28500000 Cash