KIPP FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- KIPP FOUNDATION (EIN 94-3362724)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-16
- IRS object ID
- 201101369349307035
- Schema version
- 2009v1.7
- 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 I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T20:06:53-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & STRONG LLP CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 FIRST STREET 14th FLOOR | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943362724 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KIPP | NameControl |
| Phone | 4153991556 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 Main Street No 1700 | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94105 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Tina Sachs | Name |
| Title | CFO | Title |
| Phone | 4158747387 | Phone |
| Date Signed | 2011-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LYNN A HENLEY | Name |
| Phone | 4157810793 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Tina Sachs | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 Main Street No 1700 | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 23605905 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | http://www.kipp.org/ | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO CREATE PUBLIC SCHOOLS THAT equip underserved students with skills to succeed in college & life. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 119 | TotalNbrEmployees |
| Total Nbr Volunteers | 14 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 21635516 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 21260530 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1818193 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2105788 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 119187 | InvestmentIncomePriorYear |
| Investment Income Current Year | 40640 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 208682 | OtherRevenuePriorYear |
| Other Revenue Current Year | 197387 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 23781578 | TotalRevenuePriorYear |
| Total Revenue Current Year | 23604345 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2392026 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1997945 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9197445 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11805535 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 935758 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10524310 | OtherExpensePriorYear |
| Other Expenses Current Year | 10969500 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 22113781 | TotalExpensesPriorYear |
| Total Expenses Current Year | 24772980 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1667797 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1168635 | RevenuesLessExpensesCY |
| Total Assets BOY | 29990063 | TotalAssetsBOY |
| Total Assets EOY | 28737197 | TotalAssetsEOY |
| Total Liabilities BOY | 10308123 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10236434 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 19681940 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 18500763 | NetAssetsOrFundBalancesEOY |
| Mission Description | The MISSION of the KIPP Foundation is to create a respected, influential and national network of PUBLIC schools that are successful in helping students from educationally underserved communities to develop the knowledge, skills, character and habits needed to succeed in college and the competitive world beyond. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 8157340 | Expense |
| Revenue | 838094 | Revenue |
| Description | Leadership Development - THE FOUNDATION FOCUSES ON TRAINING LEADERS AT ALL LEVELS. THROUGH THE KIPP SCHOOL LEADERSHIP PROGRAM, THE FOUNDATION HAS TRAINED OVER 100 INDIVIDUALS TO fOUND NEW KIPP SCHOOLS OVER THE PAST TEN YEARS. THE KIPP LEADERSHIP PATHWAYS PROGRAM ENSURES THE QUALITY OF EDUCATION WITHIN A SCHOOL OVER THE LONG TERM, OFFERING LEADERSHIP DEVELOPMENT FOR SUCCESSION LEADERS, EMERGING LEADERS AND TEACHER LEADERS. THE KIPP FOUNDATION HAS RECENTLY DEVELOPED A NEW LEADERSHIP COMPETENCY MODEL THAT WILL SERVE AS THE ANCHOR FOR FOUNDATION AND REGIONAL EFFORTS TO RECRUIT, ASSESS, DEVELOP AND RETAIN EXCELLENT LEADERS. REGIONS AND SCHOOLS ARE ABLE TO DEVELOP PERFORMANCE AND DEVELOPMENT CULTURES BASED ON A SHARED UNDERSTANDING OF WHAT IT MEANS TO BE AN EFFECTIVE KIPP LEADER AND HOW TO GROW BOTH WITHIN A GIVEN LEADERSHIP POSITION AND FROM ONE LEADERSHIP POSITION TO THE NEXT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8512792 | Expense |
| Grants | 1997945 | Grants |
| Revenue | 1267694 | Revenue |
| Description | On-going school support - The Foundation provides on-going assistance to existing KIPP schools in the area of professional development, curriculum, instructional support, school operations, real estate, fundraising, and marketing. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2635645 | Expense |
| Description | Research and Improvement - The Foundation focuses on the integration of data-driven decision making at the KIPP Foundation and KIPP Schools at every level. The Foundation is committed to the idea that data should drive decisions about resource allocation, programming, instruction, operations, external messaging and growth. Smart decisions translate into improved educational outcomes and school sustainability. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 622691 | Expense |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 622691 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 19928468 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 147 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 119 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 1 | Form8899Filed |
| Form1098 C Filed | 1 | Form1098CFiled |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tina Sachs | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4158747387 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 MAIN STREET SUITE 1700 | AddressLine1 |
| City | San Francisco | City |
| State | CA | State |
| ZIP Code | 94105 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Richard Barth | ||||||||
| CEO | 60.00 | X | X | 301815 | 0 | 9800 | ||
| Michael Feinberg | ||||||||
| Co-founder/DIRECTOR | 30.00 | X | 141853 | 0 | 18227 | |||
| Dave Levin | ||||||||
| CO-founder/DIRECTOR | 30.00 | X | 148483 | 0 | 0 | |||
| DONALD FISHER | ||||||||
| CO-founder/DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DORIS FISHER | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| John Fisher | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| CARRIE WALTON PENNER | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Reed Hastings | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| SHAWn M Hurwitz | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Michael L Lomax | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| Mark Nunnelly | ||||||||
| Director | 1.00 | X | 0 | 0 | 0 | |||
| SEBHA ALI | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| KATHERINE BRADLEY | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| DAVID LEEBRON | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| SCOTT HAMILTON | ||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| TINA SACHS | ||||||||
| CFO | 60.00 | X | 158273 | 0 | 17548 | |||
| JONATHAN COWAN | ||||||||
| CHIEF RESEARCH, DESIGN | 60.00 | 204916 | 0 | 13971 | X | |||
| LISA MARGOSIAN | ||||||||
| CHIEF PROGRAM OFFICER | 60.00 | 187578 | 0 | 9201 | X | |||
| DAVID WICK | ||||||||
| CHIEF DVLP OFFICER | 60.00 | 189071 | 0 | 18256 | X | |||
| JOHN KANBERG | ||||||||
| DIR. BOARD RELATIONS & INC | 60.00 | 181702 | 0 | 11022 | X | |||
| MICHAEL WRIGHT | ||||||||
| regional director | 60.00 | 168446 | 0 | 11064 | X | |||
| mazher ahmad | ||||||||
| chief people officer | 60.00 | 155348 | 0 | 24370 | X | |||
| walther de petris | ||||||||
| chief information officer | 60.00 | 154246 | 0 | 17023 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1991731 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 150482 | TotalOtherCompensation |
| Number Individuals GT100 K | 22 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Marriott International | |||||
| pO BOX 4030033 | ATLANTA | GA | 30384 | HOTEL | 1008181 |
| MATHEMATICA POLICY RESEARCH INC | |||||
| PO BOX 2393 | PRINCETON | NJ | 08543 | CONSULTING | 554465 |
| dELL usa | |||||
| PO BOX 910916 | PASADENA | CA | 91110 | COMPUTER COMPONENTS | 547137 |
| ppf off 345 sPEAR st LP | |||||
| PO BOX 601125 | LOS ANGELES | CA | 90060 | OFFICE RENT | 445810 |
| NETWOVEN INC | |||||
| PO BOX 44 | NAPERVILLE | IL | 60566 | SOFTWARE ENGINEERING | 418543 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 26 | NumberOfContractorsGT100K |
| Government Grants | 408133 | GovernmentGrants |
| All Other Contributions | 20852397 | AllOtherContributions |
| Total Contributions | 21260530 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| LICENSE FEES | 900099 | 1267694 | 1267694 |
| SERVICE FEES & CONFERE | 900099 | 838094 | 838094 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2105788 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40802 | TotalRevenueColumn |
| Exclusion | $40,802 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 184433 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 184433 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 184433 | TotalRevenueColumn |
| Exclusion | $184,433 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1398 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1560 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -162 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -162 | TotalRevenueColumn |
| Exclusion | -$162 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 12954 | TotalRevenueColumn |
| Exclusion | $12,954 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 12954 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23604345 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2105788 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $238,027 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1885845 | Total |
| Program Services | 1885845 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112100 | Total |
| Program Services | 112100 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1171967 | Total |
| Program Services | 465000 | ProgramServices |
| Management And General | 706967 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8631441 | Total |
| Program Services | 6751167 | ProgramServices |
| Management And General | 1311888 | ManagementAndGeneral |
| Fundraising | 568386 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 295429 | Total |
| Program Services | 39833 | ProgramServices |
| Management And General | 232360 | ManagementAndGeneral |
| Fundraising | 23236 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 993578 | Total |
| Program Services | 507686 | ProgramServices |
| Management And General | 440284 | ManagementAndGeneral |
| Fundraising | 45608 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 713120 | Total |
| Program Services | 504793 | ProgramServices |
| Management And General | 152239 | ManagementAndGeneral |
| Fundraising | 56088 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26198 | Total |
| Program Services | 26198 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69426 | Total |
| Management And General | 69426 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23157 | Total |
| Program Services | 23157 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3520098 | Total |
| Program Services | 3422048 | ProgramServices |
| Management And General | 94070 | ManagementAndGeneral |
| Fundraising | 3980 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236098 | Total |
| Program Services | 214248 | ProgramServices |
| Management And General | 13065 | ManagementAndGeneral |
| Fundraising | 8785 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 704185 | Total |
| Program Services | 452106 | ProgramServices |
| Management And General | 225451 | ManagementAndGeneral |
| Fundraising | 26628 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 287616 | Total |
| Program Services | 188447 | ProgramServices |
| Management And General | 87105 | ManagementAndGeneral |
| Fundraising | 12064 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1019856 | Total |
| Program Services | 720990 | ProgramServices |
| Management And General | 218259 | ManagementAndGeneral |
| Fundraising | 80607 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2418823 | Total |
| Program Services | 2142805 | ProgramServices |
| Management And General | 216684 | ManagementAndGeneral |
| Fundraising | 59334 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14872 | Total |
| Program Services | 14253 | ProgramServices |
| Management And General | 619 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3658 | Total |
| Program Services | 2589 | ProgramServices |
| Management And General | 781 | ManagementAndGeneral |
| Fundraising | 288 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 471850 | Total |
| Program Services | 334006 | ProgramServices |
| Management And General | 100732 | ManagementAndGeneral |
| Fundraising | 37112 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40939 | Total |
| Program Services | 28979 | ProgramServices |
| Management And General | 8740 | ManagementAndGeneral |
| Fundraising | 3220 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROFESSIONAL DeVeLoPMeN | 1376964 | 1370573 | 5791 | 600 |
| School leader training | 317177 | 317177 | ||
| ee Recruiting & Dvlpmnt | 214809 | 199925 | 13498 | 1386 |
| other | 162734 | 143503 | 10795 | 8436 |
| Data acquisition | 61040 | 61040 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24772980 | Total |
| Program Services | 19928468 | ProgramServices |
| Management And General | 3908754 | ManagementAndGeneral |
| Fundraising | 935758 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 775 | BOY |
| EOY | 655 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18814166 | BOY |
| EOY | 19319299 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7080586 | BOY |
| EOY | 3627143 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2450793 | BOY |
| EOY | 3475677 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43167 | BOY |
| EOY | 22926 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186566 | BOY |
| EOY | 517124 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2860048 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1301938 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1245948 | BOY |
| EOY | 1558110 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 168062 | BOY |
| EOY | 216263 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29990063 | BOY |
| EOY | 28737197 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1883344 | BOY |
| EOY | 1768837 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 342441 | BOY |
| EOY | 87714 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 672242 | BOY |
| EOY | 780650 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7410096 | BOY |
| EOY | 7599233 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10308123 | BOY |
| EOY | 10236434 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11318836 | BOY |
| EOY | 14367795 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8363104 | BOY |
| EOY | 4132968 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19681940 | BOY |
| EOY | 18500763 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29990063 | BOY |
| EOY | 28737197 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 33070917 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15320750 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 21635516 | CurrentTaxYearMinus1Year |
| Current Tax Year | 21260530 | CurrentTaxYear |
| Total | 91287713 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 33070917 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15320750 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 21635516 | CurrentTaxYearMinus1Year |
| Current Tax Year | 21260530 | CurrentTaxYear |
| Total | 91287713 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 24169219 | AmountsSubstContributorsTotal |
| Public Support Total170 | 67118494 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 532156 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 729979 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 345424 | CurrentTaxYearMinus1Year |
| Current Tax Year | 225235 | CurrentTaxYear |
| Total | 1832794 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 93120507 | TotalSupport |
| Public Support Pertcentage170 | 0.72080 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.55220 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $17,368 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 1 | RalliesDemonstrations |
| Rallies Demonstrations | $5,789 | RalliesDemonstrationsAmount |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 23157 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i: | Identifier |
| Return Reference | Explanation of Other Lobbying Activities: | ReturnReference |
| Explanation | KIPP FOUNDATION HAS ONE FULL-TIME EMPLOYEE WORKING ON FEDERAL POLICIES TO SUPPORT THE EXPANSION AND REPLICATION OF HIGH-QUALITY CHARTER SCHOOLS. | Explanation |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 172850 | InvestmentCostOrOtherBasis |
| Depreciation | 89842 | Depreciation |
| Book Value | 83008 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 944783 | InvestmentCostOrOtherBasis |
| Depreciation | 526190 | Depreciation |
| Book Value | 418593 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1742415 | InvestmentCostOrOtherBasis |
| Depreciation | 685906 | Depreciation |
| Book Value | 1056509 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1558110 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| GUARANTEES | $13,971 |
| GOVERNMENT ADVANCE | $6,999,976 |
| E-rate liability | $585,286 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7599233 | TotalOfAmounts |
| Total Revenue | 23604345 | TotalRevenue |
| Total Expenses | 24772980 | TotalExpenses |
| Excess Or Deficit For Year | -1168635 | ExcessOrDeficitForYear |
| Other | -$12,542 | OtherAmount |
| Total Adjustments | -12542 | TotalAdjustments |
| Excess Or Deficit Per FS | -1181177 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 24548678 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 944333 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 944333 | RevenueNotRptdF990 |
| Revenue Subtotal | 23604345 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 23604345 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25729856 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 944333 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 12543 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 956876 | ExpensesNotRptdF990 |
| Expenses Subtotal | 24772980 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 24772980 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | Management evaluated the Foundation's tax positions and concluded that the Foundation had maintained its tax exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Should the Foundation incur interest and penalties relating to tax uncertainties, such amounts would be classified as a component of interest expense and operating expense, respectively. |
| Part XI, Line 8 - Other Adjustments: | to unconsolidate kcep mortgage from kipp foundation | |
| Part XIII, Line 2d - Other Adjustments: | kcep mortgage's portion of program services expense |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (36 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| KIPP Metro Atlanta | ||||||||
| 98 Anderson Avenue NW | Atlanta | GA | 30314 | 113723114 | 501(c)(3) | 8000 | KIPP Foundation Grants | |
| KIPP Chicago Gary Schools | ||||||||
| 1616 South Avers Avenue | Chicago | IL | 60623 | 300135927 | 501(c)(3) | 50000 | KIPP Foundation Grants | |
| New Profit Inc | ||||||||
| 2 Canal Park | Cambridge | MA | 02141 | 433396766 | 501(c)(3) | 15000 | KIPP Foundation Grants | |
| KIPP New York | ||||||||
| 625 W 133rd St Room 345 | New York | NY | 10027 | 203971209 | 501(c)(3) | 250000 | KIPP Foundation Grants | |
| KIPP Houston | ||||||||
| 10711 KIPP Way | Houston | TX | 77099 | 133875888 | 501(c)(3) | 250975 | KIPP Foundation Grants | |
| KIPP Indianapolis College Preparatory | ||||||||
| 1740 East 30th Street | Indianapolis | IN | 46218 | 300145826 | 501(c)(3) | 45362 | KIPP Foundation Grants | |
| KIPP Minnesota | ||||||||
| 1601 Laurel Avenue | Minneapolis | MN | 55403 | 208877750 | 501(c)(3) | 26930 | KIPP Foundation Grants | |
| KIPP Gaston College Preparatory | ||||||||
| 320 Pleasant Hill Road | Gaston | NC | 27832 | 742991314 | 501(c)(3) | 22000 | subgrant from Atlantic Philanthropies | |
| KIPP Bridge College Preparatory | ||||||||
| 991 14th Street | Oakland | CA | 94607 | 010585829 | 501(c)(3) | 50000 | subgrant from Atlantic Philanthropies | |
| KIPP Academy Diamond | ||||||||
| 2110 Howell Avenue | Memphis | TN | 38108 | 680502820 | 501(c)(3) | 22000 | subgrant from Atlantic Philanthropies | |
| KIPP Ujima Village Academy | ||||||||
| 4701 Greenspring Ave Room 115 | Baltimore | MD | 21209 | 522342513 | 501(c)(3) | 50000 | subgrant from Atlantic Philanthropies | |
| KIPP Ujima Village Academy | ||||||||
| 4701 Greenspring Ave Room 115 | Baltimore | MD | 21209 | 522342513 | 501(c)(3) | 125000 | subgrant from Atlantic Philanthropies | |
| KIPP Ascend Charter School | ||||||||
| 1616 S Avers Ave | Chicago | IL | 60623 | 300135927 | 501(c)(3) | 50000 | subgrant from Atlantic Philanthropies | |
| KIPP TRUTH Academy | ||||||||
| 3200 South Lancaster Road Suite | Dallas | TX | 75216 | 820578155 | 501(c)(3) | 22000 | subgrant from Atlantic Philanthropies | 230A |
| KIPP Academy Lynn | ||||||||
| 25 Bessom Street | Lynn | MA | 01902 | 743153091 | 501(c)(3) | 24000 | subgrant from Atlantic Philanthropies | |
| KIPP St Louis | ||||||||
| 815 Olive Street Suite 14 | St Louis | MO | 63101 | 208552002 | 501(c)(3) | 10000 | subgrant from Atlantic Philanthropies | |
| KIPP DC | ||||||||
| 910 17th Street NW Suite 1050 | Washington | DC | 20006 | 742974642 | 501(c)(3) | 75000 | High School start up grant - subgrants from Bill and Melinda Gates | |
| KIPP DC | ||||||||
| 910 17th Street NW Suite 1050 | Washington | DC | 20006 | 742974642 | 501(c)(3) | 75000 | High School start up grant - subgrants from Bill and Melinda Gates | |
| KIPP New York | ||||||||
| 625 W 133rd St Room 345 | New York | NY | 10027 | 203971209 | 501(c)(3) | 75000 | High School start up grant - subgrants from Bill and Melinda Gates | |
| KIPP New York | ||||||||
| 625 W 133rd St Room 345 | New York | NY | 10027 | 203971209 | 501(c)(3) | 75000 | High School start up grant - subgrants from Bill and Melinda Gates | |
| KIPP New Orleans | ||||||||
| 2625 Thalia Street | New Orleans | LA | 70113 | 202277213 | 501(c)(3) | 75000 | High School start up grant - subgrants from Bill and Melinda Gates | |
| KIPP New Orleans | ||||||||
| 2625 Thalia Street | New Orleans | LA | 70113 | 202277213 | 501(c)(3) | 75000 | High School start up grant - subgrants from Bill and Melinda Gates | |
| KIPP Minnesota | ||||||||
| 1601 Laurel Avenue | Minneapolis | MN | 55403 | 208877750 | 501(c)(3) | 68000 | Sustainability Grants | |
| KIPP Delta College Prep | ||||||||
| 215 Cherry St | Helena | AR | 72342 | 311807400 | 501(c)(3) | 50114 | Department of Education subgrant | |
| KIPP Delta College Prep | ||||||||
| 215 Cherry St | Helena | AR | 72342 | 311807400 | 501(c)(3) | 24443 | Department of Education subgrant | |
| KIPP Delta College Prep | ||||||||
| 215 Cherry St | Helena | AR | 72342 | 311807400 | 501(c)(3) | 27963 | Department of Education subgrant | |
| KIPP Delta College Prep | ||||||||
| 215 Cherry St | Helena | AR | 72342 | 311807400 | 501(c)(3) | 36400 | Department of Education subgrant | |
| KIPP Academy Diamond | ||||||||
| 2110 Howell Avenue | Memphis | TN | 38108 | 680502820 | 501(c)(3) | 40500 | Department of Education subgrant | |
| KIPP Academy Nashville | ||||||||
| 123 Douglas Avenue | Nashville | TN | 37207 | 202799123 | 501(c)(3) | 14752 | Department of Education subgrant | |
| KIPP Academy Nashville | ||||||||
| 123 Douglas Avenue | Nashville | TN | 37207 | 202799123 | 501(c)(3) | 6162 | Department of Education subgrant | |
| KIPP Academy Nashville | ||||||||
| 123 Douglas Avenue | Nashville | TN | 37207 | 202799123 | 501(c)(3) | 13372 | Department of Education subgrant | |
| KIPP Academy Nashville | ||||||||
| 123 Douglas Avenue | Nashville | TN | 37207 | 202799123 | 501(c)(3) | 11533 | Department of Education subgrant | |
| KIPP Lead College Prep Charter School | ||||||||
| 6060 Miller Avenue | Gary | IN | 46403 | 204523652 | 501(c)(3) | 12119 | Department of Education subgrant | |
| KIPP Lead College Prep Charter School | ||||||||
| 6060 Miller Avenue | Gary | IN | 46403 | 204523652 | 501(c)(3) | 23428 | Department of Education subgrant | |
| KIPP Lead College Prep Charter School | ||||||||
| 6060 Miller Avenue | Gary | IN | 46403 | 204523652 | 501(c)(3) | 18967 | Department of Education subgrant | |
| KIPP Lead College Prep Charter School | ||||||||
| 6060 Miller Avenue | Gary | IN | 46403 | 204523652 | 501(c)(3) | 42091 | Department of Education subgrant | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 36 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|
| EXCELLENCE IN TEACHING AWARD | 10 | 100000 | general support |
| KIPPSTER OF THE YEAR GRANT | 2 | 10000 | general support |
| JKC - Computer award to students | 3 | 2100 | general support |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Procedure for Monitoring Grants in the U.S.: | Part I, Line 2: | Schedule I, Part I, Line 2: THE MAJORITY OF GRANTS AND AWARDS DISTRIBUTED FROM KIPP FOUNDATION DURING THE 2009-10 FISCAL YEAR were REQUIRED TO COMPLY WITH SPECIFIC GRANT CRITERIA SET FORTH BY THE DONOR FOUNDATIONS. GRANT LETTERS ARE SENT WITH GRANT PAYMENTS TO DIRECT HOW FUNDS ARE INTENDED TO BE SPENT. IN ADDITION, RECIPIENT SCHOOLS ARE SUBJECT TO AN ANNUAL SINGLE AUDIT AND REVIEW OF SCHOOL FINANCIAL STATEMENTS TO ENSURE THAT EACH SCHOOL RECEIVED AN UNQUALIFIED OPINION. |
| Other Information: | Part IV: | U.S. DEPARTMENT OF EDUCATION (US ED) SCHOOL GRANTS ARE APPLIED FOR BY THE INDIVIDUAL SCHOOLS THROUGH SUBMISSION OF DETAILED BUDGET REQUESTS, WHICH ARE ULTIMATELY APPROVED FOR FUNDING BY THE US ED. UPON AWARD, GRANT LETTERS ARE PROVIDED TO EACH OF THE SCHOOLS STATING SPECIFIC TERMS FOR COSTS ACCEPTED FOR FUNDING AND BUDGET COMPLIANCE. IN ADDITION, A CONFERENCE CALL IS HELD DIRECTLY WITH A US ED REPRESENTATIVE AND A REPRESENTATIVE FROM EACH OF THE KIPP SCHOOLS AWARDED FUNDING TO REVIEW THE AWARD GUIDELINES. COMPLIANCE THROUGHOUT THE YEAR IS MONITORED BY THE KIPP FOUNDATION FINANCE TEAM THROUGH THE REVIEW OF THE QUARTERLY DRAWDOWN REQUESTS. EACH RECIPIENT SCHOOL IS REQUIRED TO SUBMIT APPROPRIATE DOCUMENTATION AND RECORDS FOR ALL EXPENSES FOR WHICH THEY ARE REQUESTING TO DRAWDOWN FUNDS. KIPP FOUNDATION WILL REVIEW EACH REQUEST FOR ACCURACY, ACCORDANCE WITH THE ORIGINAL BUDGET REQUEST AND LEGITIMACY. RECIPIENT SCHOOLS ARE SUBJECT TO AN ANNUAL SINGLE AUDIT AND REVIEW OF SCHOOL FINANCIAL STATEMENTS TO ENSURE THAT EACH SCHOOL RECEIVED AN UNQUALIFIED OPINION. FINALLY, KIPP FOUNDATION AND EACH RECIPIENT SCHOOL PROVIDES A FINAL REPORT TO THE US ED REGARDING FUNDS RECEIVED DURING THE PREVIOUS FISCAL YEAR TO ENSURE COMPLIANCE. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Richard Barth | |||||||||||||
| 301815 | 0 | 0 | 0 | 0 | 0 | 9800 | 0 | 0 | 0 | 311615 | 0 | 0 | 0 |
| Michael Feinberg | |||||||||||||
| 141853 | 0 | 0 | 0 | 0 | 0 | 6195 | 0 | 12032 | 0 | 160080 | 0 | 0 | 0 |
| TINA SACHS | |||||||||||||
| 158273 | 0 | 0 | 0 | 0 | 0 | 6600 | 0 | 10948 | 0 | 175821 | 0 | 0 | 0 |
| JONATHAN COWAN | |||||||||||||
| 204916 | 0 | 0 | 0 | 0 | 0 | 8200 | 0 | 5771 | 0 | 218887 | 0 | 0 | 0 |
| LISA MARGOSIAN | |||||||||||||
| 187578 | 0 | 0 | 0 | 0 | 0 | 7749 | 0 | 1452 | 0 | 196779 | 0 | 0 | 0 |
| DAVID WICK | |||||||||||||
| 189071 | 0 | 0 | 0 | 0 | 0 | 7571 | 0 | 10685 | 0 | 207327 | 0 | 0 | 0 |
| JOHN KANBERG | |||||||||||||
| 181702 | 0 | 0 | 0 | 0 | 0 | 4963 | 0 | 6059 | 0 | 192724 | 0 | 0 | 0 |
| MICHAEL WRIGHT | |||||||||||||
| 168446 | 0 | 0 | 0 | 0 | 0 | 5005 | 0 | 6059 | 0 | 179510 | 0 | 0 | 0 |
| mazher ahmad | |||||||||||||
| 155348 | 0 | 0 | 0 | 0 | 0 | 6595 | 0 | 17775 | 0 | 179718 | 0 | 0 | 0 |
| walther de petris | |||||||||||||
| 154246 | 0 | 0 | 0 | 0 | 0 | 4117 | 0 | 12906 | 0 | 171269 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 4a | ReturnReference |
| Explanation | Walther De Petris, $32,825. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | DONALD FISHER AND DORIS FISHER ARE MARRIED. JOHN FISHER IS THEIR SON. | |
| Form 990, Part VI, Section B, line 11 | KIPP FOUNDATION'S accounting firm prepared THE Form 990. A draft of the return was forwarded to the organization's CFO and GENERAL COUNSEL FOR REVIEW. IT WAS THEN FORWARDED TO THE ORGANIZATION'S AUDIT COMMITTEE FOR THEIR REVIEW FEEDBACK AND RECOMMENDATION FOR FULL BOARD APPROVAL. BOARD and committee members were ENCOURAGED TO REVIEW THE FORM 990 AND DIRECT THEIR QUESTIONS TO THE CFO AND GENERAL COUNSEL. IT WAS REVIEWED BY THE BOARD AND VOTED ON FOR APPROVAL. | |
| Form 990, Part VI, Section B, line 12c | OFFICERS AND DIRECTORS RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AND UPDATE THEIR DISCLOSURES ON AN ANNUAL BASIS. | |
| Form 990, Part VI, Section B, line 15 | COMPENSATION ARRANGEMENTS, INCLUDING BENEFITS, FOR ALL EMPLOYEES ARE BASED ON REGULAR COMPENSATION STUDIES THAT COMPARE DATA FROM SIMILAR ORGANIZATIONS (E.G. INDUSTRY, SIZE, ETC.) REGARDING COMPENSATION PAID FOR SIMILAR POSITIONS. BASED ON THIS INFORMATION, the operating committee review annual salary decisions. human resources will make any changes outside of the annual process, while the ceo retains veto power. IN ACCORDANCE WITH CALIFORNIA LAW, COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER IS REVIEWED AND APPROVED AS "JUST AND REASONABLE" BY THE BOARD OF DIRECTORS. THESE REVIEWS OCCUR WHEN THE OFFICER IS HIRED; WHEN THE TERM OF EMPLOYMENT OF THE OFFICER IS RENEWED OR EXTENDED; AND WHEN THE OFFICER'S COMPENSATION PACKAGE IS MODIFIED, UNLESS THE MODIFICATION APPLIES TO SUBSTANTIALLY ALL EMPLOYEES. WITH THE EXCEPTION OF CO-FOUNDERS DAVID LEVIN AND MICHAEL FEINBERG AND CEO RICHARD BARTH, ALL KIPP FOUNDATION DIRECTORS SERVE ON THE BOARD ON AN UNCOMPENSATED AND VOLUNTARY BASIS. | |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. | |
| form 990, part xi, line 2c | The process for the oversight of the audit has not changed from the prior year. | audit committee role |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KCEP MORTGAGE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 MAIN STREET 1700 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262301999 | EIN |
| Primary Activities | acquiring or refinancing construction loans for owned facilities | PrimaryActivities |
| Legal Domicile State | CA | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | line 11a, Type i | PublicCharityStatus |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |