KIPP Inc dba Knowledge is Power: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KIPP Inc dba Knowledge is Power (EIN 13-3875888)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-12-13
- IRS object ID
- 201323479349300527
- Schema version
- 2012v2.0
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-12-13T10:52:21-08:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 770275132 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133875888 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP Inc dba Knowledge is Power | BusinessNameLine1 |
| Business Name Line2 | Program Inc | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KIPP | NameControl |
| Phone | 8323281051 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10711 Kipp Way Drive | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 77099 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Sehba Ali | Name |
| Title | Superintendent | Title |
| Date Signed | 2013-12-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jody Blazek | Name |
| PTIN | P00072674 | PTIN |
| Phone | 7134395739 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Sehba Ali | NameOfPrincipalOfficerPerson |
| Gross Receipts | 100201227 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.kipphouston.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | KIPP Houston Public Schools serves early childhood/elementary, middle school, and high school students with a special focus on college readiness through academic and character development. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1302 | TotalNbrEmployees |
| Total Nbr Volunteers | 327 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 77541240 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 90602402 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 6873113 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9222581 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 19097 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8586 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 240907 | OtherRevenuePriorYear |
| Other Revenue Current Year | 221968 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 84674357 | TotalRevenuePriorYear |
| Total Revenue Current Year | 100055537 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 85015 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 45670035 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 53649243 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1562074 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 36211514 | OtherExpensePriorYear |
| Other Expenses Current Year | 42862368 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 81966564 | TotalExpensesPriorYear |
| Total Expenses Current Year | 96511611 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2707793 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3543926 | RevenuesLessExpensesCY |
| Total Assets BOY | 163506420 | TotalAssetsBOY |
| Total Assets EOY | 195299610 | TotalAssetsEOY |
| Total Liabilities BOY | 141471980 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 169726244 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 22034440 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 25573366 | NetAssetsOrFundBalancesEOY |
| Mission Description | KIPP, the Knowledge Is Power Program, is committed to developing in underserved students the academic skills, intellectual habits, and qualities of character necessary to succeed at all levels of pre-kindergarten through 12th grade, college, and the competitive world beyond. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 80454134 | Expense |
| Revenue | 9359581 | Revenue |
| Description | KIPP Houston Public Schools include primary schools, middle schools, high schools, and the KIPP Through College alumni program and focus on academic and character development for underserved students in the Houston area. KIPP also operates two partner schools a primary/middle school with GISD and a middle school with the SKY partnership (SBID, YES Prep and KIPP). These partnerships also focus on academic and character development for underserved students in the Galveston and Spring Branch districts. All KIPP schools follow an extended school day and year model. The school day begins at 7:30 a.m. and ends at 5:00 p.m. and includes an extra month of learning in the summer. All KIPP students, parents, and teachers sign a Commitment to Excellence pledge in which they commit to do whatever it takes for themselves and their teammates to learn and prepare for college. In Houston, approximately 9,300 students were enrolled in grades pre-kindergarten through 12th grade for the 2012-13 school year; 59% of those students self-identified as Hispanic, 36% as African-American, 3% as Caucasian, and 1% as Asian. 88% of 2012-13 students were eligible for the federal free and reduced meals program.KIPP Houston's early childhood and elementary schools nurture and guide the children's innate sense of curiosity to learn about their world, community, and themselves. KIPP Houston's middle schools focus on remediation in the early grades and advanced critical thinking skills in the later grades with outstanding results. The ultimate measurement of KIPP's success is graduation from college. Although 90% of KIPPsters come from economically disadvantaged families, 96% of KIPP Houston Public Schools students (tracking from the 8th grade) graduate from high school; and 91% have matriculated to a higher education institution. Once in college, KIPP alumni continue to defy the odds. 45% of alumni (tracking from 8th grade) who are old enough to have graduated, have graduated from college and another 34% are still persisting. This is a college graduation rate more than five times the graduation rate of comparable low-income students in our country. | Description |
| Total Program Service Expense | 80454134 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 161 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1302 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Son Han | NamePerson |
| Telephone Number | 8323281051 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9896 Bissonnet Street | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 77036 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Donnie Young | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Sid Weiss | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Brooks Shughart | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Karol Musher | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Rocio Mendoza | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Brian McCabe | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Danielle Malone | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Mark Jacobs | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| George Donnelly | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Mark Desjardins | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Jayshree Desai | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Bill Boyar | |||||||||
| Director | 2.00 | 0.00 | X | 0 | 0 | 0 | |||
| Mike Feinberg | |||||||||
| Exec Vice Chair | 50.00 | 0.00 | X | 203109 | 0 | 1059 | X | ||
| Tammy Hopwood | |||||||||
| CAO | 50.00 | 0.00 | 102862 | 0 | 3883 | X | |||
| Susan Kaler | |||||||||
| COO | 50.00 | 0.00 | 104815 | 0 | 4188 | X | |||
| Sehba Ali | |||||||||
| Superintendent | 50.00 | 0.00 | 185404 | 0 | 8717 | X | |||
| Rodrigo Herrera | |||||||||
| CTO | 50.00 | 0.00 | 174494 | 0 | 16063 | X | |||
| Aaron Brenner | |||||||||
| Head of School | 50.00 | 0.00 | 148606 | 0 | 7820 | X | |||
| Daniel Caesar | |||||||||
| Head of School | 50.00 | 0.00 | 148817 | 0 | 5714 | X | |||
| Paul Castro | |||||||||
| Head of School | 50.00 | 0.00 | 138817 | 0 | 11210 | X | |||
| Eric Kot | |||||||||
| CIO | 50.00 | 0.00 | 149044 | 0 | 6418 | X | |||
| Kenneth Goeddeke | |||||||||
| Head of School | 50.00 | 0.00 | 128148 | 0 | 5643 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1484116 | TotalReportableCompFromOrg |
| Total Other Compensation | 70715 | TotalOtherCompensation |
| Number Individuals GT100 K | 18 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Revolution Foods Inc | |||||
| PO Box 742759 | Los Angeles | CA | 90074 | Food services | 4253857 |
| M Space Holdings LLC | |||||
| PO Box 677743 | Dallas | TX | 75267 | Mod. Bldgs/Setup | 5308623 |
| Linbeck Group LLC | |||||
| PO Box 22500 | Houston | TX | 77227 | Construction mgmt | 5213366 |
| InControl Technologies | |||||
| 3845 Cypress Crk Pkwy 195 | Hou | TX | 77068 | IT Project Mgmt | 1033606 |
| First Group America | |||||
| 600 Vine Street | Cincinnati | OH | 45202 | Transportation | 3423958 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 57 | NumberOfContractorsGT100K |
| Fundraising Events | 1012816 | FundraisingEvents |
| Government Grants | 79130691 | GovernmentGrants |
| All Other Contributions | 10458895 | AllOtherContributions |
| Noncash Contributions | 207485 | NoncashContributions |
| Total Contributions | 90602402 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Partnership school fees | 611710 | 5878850 | 5878850 |
| Auxiliary services | 611710 | 3343731 | 3343731 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9222581 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8586 | TotalRevenueColumn |
| Exclusion | $8,586 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 186308 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 186308 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 186308 | TotalRevenueColumn |
| Related Or Exempt Function Income | 137000 | RelatedOrExemptFunctionIncome |
| Exclusion | $49,308 | ExclusionAmount |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 181350 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1012816 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 145690 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35660 | TotalRevenueColumn |
| Exclusion | $35,660 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 100055537 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9359581 | RelatedOrExemptFunctionIncome |
| Exclusion | $93,554 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 804594 | Total |
| Program Services | 732739 | ProgramServices |
| Management And General | 63008 | ManagementAndGeneral |
| Fundraising | 8847 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47256329 | Total |
| Program Services | 42910403 | ProgramServices |
| Management And General | 3821173 | ManagementAndGeneral |
| Fundraising | 524753 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 903071 | Total |
| Program Services | 829083 | ProgramServices |
| Management And General | 58888 | ManagementAndGeneral |
| Fundraising | 15100 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3982732 | Total |
| Program Services | 3867736 | ProgramServices |
| Management And General | 81012 | ManagementAndGeneral |
| Fundraising | 33984 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 702517 | Total |
| Program Services | 633854 | ProgramServices |
| Management And General | 61114 | ManagementAndGeneral |
| Fundraising | 7549 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175856 | Total |
| Program Services | 73171 | ProgramServices |
| Management And General | 102685 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65350 | Total |
| Management And General | 65350 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10000 | Total |
| Management And General | 10000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7322754 | Total |
| Program Services | 6409669 | ProgramServices |
| Management And General | 722900 | ManagementAndGeneral |
| Fundraising | 190185 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4966948 | Total |
| Program Services | 4740198 | ProgramServices |
| Management And General | 205763 | ManagementAndGeneral |
| Fundraising | 20987 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5449477 | Total |
| Program Services | 4718022 | ProgramServices |
| Management And General | 729074 | ManagementAndGeneral |
| Fundraising | 2381 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2138224 | Total |
| Program Services | 1913032 | ProgramServices |
| Management And General | 119333 | ManagementAndGeneral |
| Fundraising | 105859 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7280836 | Total |
| Management And General | 7280836 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5488353 | Total |
| Program Services | 5008265 | ProgramServices |
| Management And General | 478175 | ManagementAndGeneral |
| Fundraising | 1913 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 988084 | Total |
| Program Services | 760827 | ProgramServices |
| Management And General | 222756 | ManagementAndGeneral |
| Fundraising | 4501 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Dues | 509000 | 422615 | 84555 | 1830 |
| Student materials & activities | 894609 | 874970 | 13558 | 6081 |
| Other operating costs | 2389999 | 1376672 | 375223 | 638104 |
| Food | 5182878 | 5182878 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96511611 | Total |
| Program Services | 80454134 | ProgramServices |
| Management And General | 14495403 | ManagementAndGeneral |
| Fundraising | 1562074 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5386390 | BOY |
| EOY | 3174712 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15335405 | BOY |
| EOY | 36915926 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16192419 | BOY |
| EOY | 16954560 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1032677 | BOY |
| EOY | 861105 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 497794 | BOY |
| EOY | 446104 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 156300144 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23016681 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121856439 | BOY |
| EOY | 133283463 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3205296 | BOY |
| EOY | 3663740 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163506420 | BOY |
| EOY | 195299610 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13897793 | BOY |
| EOY | 16820062 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101656 | BOY |
| EOY | 141004 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97079596 | BOY |
| EOY | 96830346 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5004721 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25388214 | BOY |
| EOY | 55934832 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 141471980 | BOY |
| EOY | 169726244 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17467175 | BOY |
| EOY | 23170088 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4377265 | BOY |
| EOY | 2213278 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 190000 | BOY |
| EOY | 190000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22034440 | BOY |
| EOY | 25573366 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163506420 | BOY |
| EOY | 195299610 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3543926 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -5000 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed4955 Tax | false | Form4720Filed4955Tax |
| Correction Made | false | CorrectionMade |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $6,000 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | true | RalliesDemonstrations |
| Rallies Demonstrations | $2,000 | RalliesDemonstrationsAmount |
| Other Activities | true | OtherActivities |
| Other Activities | $2,000 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 10000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i | Identifier |
| Return Reference | Part II-B, Line 1i - Other Activities Description | ReturnReference |
| Explanation | Worked with members of the TX CMO leadership to develop educational materials and key talking points. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 400000 | BeginningOfYearBalance |
| Contributions | 100000 | Contributions |
| Investment Earnings Or Losses | 2273 | InvestmentEarningsOrLosses |
| Other Expenditures | 2273 | OtherExpenditures |
| End Of Year Balance | 500000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 400000 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 5652 | InvestmentEarningsOrLosses |
| Other Expenditures | 5652 | OtherExpenditures |
| End Of Year Balance | 400000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 400000 | BeginningOfYearBalance |
| Contributions | 500 | Contributions |
| Investment Earnings Or Losses | 5637 | InvestmentEarningsOrLosses |
| Other Expenditures | 6137 | OtherExpenditures |
| End Of Year Balance | 400000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 400000 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 14958 | InvestmentEarningsOrLosses |
| Other Expenditures | 14958 | OtherExpenditures |
| End Of Year Balance | 400000 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 300000 | BeginningOfYearBalance |
| Contributions | 100000 | Contributions |
| Investment Earnings Or Losses | 14958 | InvestmentEarningsOrLosses |
| Other Expenditures | 14958 | OtherExpenditures |
| End Of Year Balance | 400000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.38000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.62000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30013078 | OtherCostOrOtherBasis |
| Book Value | 30013078 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 100598915 | OtherCostOrOtherBasis |
| Depreciation | 18582985 | Depreciation |
| Book Value | 82015930 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6724090 | OtherCostOrOtherBasis |
| Depreciation | 4433696 | Depreciation |
| Book Value | 2290394 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18964061 | OtherCostOrOtherBasis |
| Book Value | 18964061 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 133283463 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Taxable Bonds | $52,235,775 |
| Due to PHILO Finance Corporation | $532 |
| Construction payable | $3,698,525 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 55934832 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 100116737 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 61200 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 61200 | RevenueNotRptdF990 |
| Revenue Subtotal | 100055537 | RevenueSubtotal |
| Total Revenue Per Form990 | 100055537 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 96572811 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 61200 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 61200 | ExpensesNotRptdF990 |
| Expenses Subtotal | 96511611 | ExpensesSubtotal |
| Total Expenses Per Form990 | 96511611 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part V, Line 4 | Identifier |
| Return Reference | Part V, Line 4: Intended uses of the endowment fund. | ReturnReference |
| Explanation | The endowment provides a source of funds for college scholarships for deserving graduates of KIPP Houston. | Explanation |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | KIPP, Inc. discloses its non-discrimination policy in admissions material and a public announcement is placed in the local paper and on its website. |
| Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency | As a public charter school, KIPP receives various federal and state education-related grants. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | false | AgreementRefFundraising |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Annual Gala | NameOfEvent1 |
| Gross Receipts Event1 | 1194166 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 1012816 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 181350 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 84506 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 26389 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 34795 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 1194166 | GrossReceiptsTotal |
| Charitable Contributions Total | 1012816 | CharitableContributionsTotal |
| Gross Revenue Total Events | 181350 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 84506 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 26389 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 34795 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 145690 | DirectExpenseSummaryEvents |
| Net Income Summary | 35660 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|
| Sehba Ali | |||||
| Superintendent | 183529 | 600 | 1275 | 8717 | 194121 |
| Rodrigo Herrera | |||||
| CTO | 157186 | 9525 | 7783 | 16063 | 190557 |
| Paul Castro | |||||
| Head of School | 131667 | 7150 | 11210 | 150027 | |
| Mike Feinberg | |||||
| Exec Vice Chair | 184509 | 18600 | 1059 | 204168 | |
| Eric Kot | |||||
| CIO | 137486 | 11558 | 6418 | 155462 | |
| Daniel Caesar | |||||
| Head of School | 141167 | 7650 | 5714 | 154531 | |
| Aaron Brenner | |||||
| Head of School | 141506 | 7100 | 7820 | 156426 | |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| Lavernia Higher Education Finance Corp | ||||||||
| B | 061802520 | 505237BN9 | 2009-11-19 | 64824927 | Construction & Debt Service | false | false | false |
| Texas Public Finance Auth | ||||||||
| A | 562491403 | 88276PAP1 | 2006-09-20 | 35168292 | Construction & Debt Service | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount RetiredAmountRetired | Capitalized InterestCapitalizedInterest | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| B | 64824927 | 3393577 | 1260840 | 60173341 | 2011 | false | false | true | true | ||||
| A | 35168292 | 1344675 | 345491 | 30338355 | 2009 | false | false | true | true | 2765000 | 1673197 | 1198226 | 300000 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|
| B | false | false | false | false | true | false | true |
| A | false | false | false | false | true | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|
| B | true | false | false | true | false | false |
| A | true | false | false | true | false | false |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| B | false |
| A | false |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part VI | ReturnReference |
| Explanation | In addition to providing its annual audit within 135 days of fiscal year end, KIPP provides bondholders and the bond trustee with quarterly financial statements and certificates of no default within 45 days of each quarter-end. KIPPs process for preparing the quarterly certificates of no default includes a review of the requirements of section 148 for any possible violations. No possible violations have been noted and KIPP is in compliance with all bond covenants. Were KIPP ever to detect a possible violation(s), KIPP would correct said violation(s) through the voluntary closing agreement program. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 44885 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | High/Low Avg | MethodOfDeterminingRevenues |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 31340 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Auction items | 78 | 16825 | FMV |
| X | Travel & Gifts | 2 | 2250 | FMV |
| X | Equipment | 5 | 13185 | FMV |
| X | Supplies | 1 | 99000 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part XI, Line 9 | Other Changes In Net Assets Or Fund Balances - Other Decreases | Transfer to PHILO Finance = -$5000 |
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Upon request. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The compensation of other officers is reviewed annually for internal equity and compared to KIPP nationwide salary analysis to confirm reasonability. |
| Form 990, Part VI, Line 15a | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The compensation package for the Superintendent is reviewed by a Compensation Committee of the Board of Directors. The Committee reviews salary data from Form 990s of 4 comparable charter schools and 2 community colleges. They also review the 2010-2011 TASB/TASA Superintendent Report which includes compensation information for 826 school districts in Texas. The compensation package is approved by the Board of Directors. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Annually a Texas Education Agency governance questionnaire is distributed to officers and directors. The forms are tracked and reviewed for accuracy prior to sending to TEA. |
| Form 990, Part VI, Line 11b | Form 990, Part VI, Line 11b: Form 990 Review Process | The business office management team reviews the form with the Finance Committee of the Executive Board and distributes the form with explanatory memorandum to the Executive Board soliciting questions and comments prior to filing date. |