KIPP Inc dba Knowledge is Power: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- KIPP Inc dba Knowledge is Power (EIN 13-3875888)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201141329349303609
- 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 D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T14:22:25-07:00 | 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 | 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 | 2009-07-01 | 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 | BusinessNameLine1 |
| 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 | Tammy Hinkle | Name |
| Title | CAO | Title |
| Date Signed | 2011-05-12 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jody Blazek | Name |
| Phone | 7134395739 | Phone |
| Self Employed | X | SelfEmployed |
| 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 | Michael Feinberg | NameOfPrincipalOfficerPerson |
| Gross Receipts | 62572094 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| 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 serves early childhood/elementary, middle school, and high school students with special focus on academic and character development. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 733 | TotalNbrEmployees |
| Total Nbr Volunteers | 1627 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 41946854 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 57433666 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1085516 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4513615 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 178047 | InvestmentIncomePriorYear |
| Investment Income Current Year | 35153 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 481633 | OtherRevenuePriorYear |
| Other Revenue Current Year | 431733 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 43692050 | TotalRevenuePriorYear |
| Total Revenue Current Year | 62414167 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 110486 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 67296 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23015669 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 31534353 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 26650 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 12900 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1077581 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18578666 | OtherExpensePriorYear |
| Other Expenses Current Year | 26513678 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 41731471 | TotalExpensesPriorYear |
| Total Expenses Current Year | 58128227 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1960579 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 4285940 | RevenuesLessExpensesCY |
| Total Assets BOY | 96902415 | TotalAssetsBOY |
| Total Assets EOY | 127112992 | TotalAssetsEOY |
| Total Liabilities BOY | 84496812 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 111338145 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12405603 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 15774847 | 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 | 48719223 | Expense |
| Grants | 67296 | Grants |
| Revenue | 4513615 | Revenue |
| Description | KIPP Houston Schools include primary schools, middle schools, high schools, and the KTC (KIPP Through College) alumni program and focus on academic and character development for underserved students in the Houston area. 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. with classes on two Saturdays per month and 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, more than 4,900 students were enrolled in grades pre-kindergarten through 12th grade for the 2009-2010 school year. 60% of those students are Hispanic, 36% are African-American, 2% are Caucasian, and 2% are Asian. 89% of these students are 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.KIPP Houston's high school has a unique and rigorous academic structure that has been modeled after the best high schools in the U.S. In order to receive a diploma, seniors must gain acceptance to a four-year college or university. In December 2009, the high school was ranked #16 on the US News and World Report "Best High Schools" list.KIPP Houston's KTC alumni program foster a climate of individual growth through support counseling, academic support services, high school and college placement guidance, summer internships, and career resources and placement services.The ultimate measurment of KIPP's success is graduation from college. 49 KIPP Houston alumni have graduated from college. 93% of the class of 2009, tracking from 8th grade, are enrolled in a four-year university. 90% of KIPP Houston alumni from the classes of 2002-2009, tracking from 8th grade, are enrolled in a higher education institution. | Description |
| Total Program Service Expense | 48719223 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | 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 |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| 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 | true | 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 | false | 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 |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 151 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 733 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| 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 |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| 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 | false | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Tammy Hinkle | NamePerson |
| Telephone Number | 8323281051 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10711 Kipp Way Drive | AddressLine1 |
| City | Houston | City |
| State | TX | State |
| ZIP Code | 77099 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Tammy Hinkle | ||||||||
| CAO | 50.00 | X | 118089 | 0 | 2530 | |||
| Sydney Igleheart | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Sid Weiss | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Ricardo Garcia-Moreno | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Phyllis Childress Abyad | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Mike Feinberg | ||||||||
| Vice Chr/Super | 50.00 | X | 147316 | 0 | 20 | X | ||
| Mark Jacobs | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Katy Gill Hayes | ||||||||
| Asst. Sprtdt | 50.00 | 206876 | 0 | 3311 | X | |||
| Karol Musher | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Jim Looke | ||||||||
| Secretary | 2.00 | X | 0 | 0 | 0 | X | ||
| George Donnelly | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Frank Rodriguez | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Eric Kot | ||||||||
| VP Operations | 50.00 | 129494 | 0 | 3646 | X | |||
| Elliott Witney | ||||||||
| Chief Academic Ofc | 50.00 | 129400 | 0 | 2684 | X | |||
| Duncan McCrann | ||||||||
| President & COO | 50.00 | X | 196652 | 0 | 3485 | |||
| David Magdol | ||||||||
| Chair | 2.00 | X | 0 | 0 | 0 | X | ||
| Daniel Caesar | ||||||||
| School Leader | 50.00 | 118265 | 0 | 3490 | X | |||
| Brian McCabe | ||||||||
| Treasurer | 2.00 | X | 0 | 0 | 0 | X | ||
| Bob Cavnar | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Bill Boyar | ||||||||
| Director | 2.00 | 0 | 0 | 0 | X | |||
| Alma Salman | ||||||||
| School Leader | 0. | 110984 | 0 | 2859 | X | |||
| Aaron Brenner | ||||||||
| Hd of School Prim | 50.00 | 129400 | 0 | 3486 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1286476 | TotalReportableCompFromOrg |
| Total Other Compensation | 25511 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | 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 |
|---|---|---|---|---|---|
| Sodexho Inc | |||||
| 3100 Cleburne | Houston | TX | 77004 | Food Services | 2221544 |
| Linbeck Group LLC | |||||
| PO Box 22500 | Houston | TX | 77227 | Construction | 10724241 |
| Houston Contact Patrol Inc | |||||
| 6601 Hillcroft Ste 126 | Hou | TX | 77081 | Security Services | 254524 |
| HISD Food Service | |||||
| 6801 Bennington | Houston | TX | 77028 | Food Services | 570143 |
| First Group America | |||||
| 17340 Rental Car Avenue | Houston | TX | 77032 | Transportation | 2678842 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 19 | NumberOfContractorsGT100K |
| Fundraising Events | 741953 | FundraisingEvents |
| Government Grants | 48000665 | GovernmentGrants |
| All Other Contributions | 8691048 | AllOtherContributions |
| Total Contributions | 57433666 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Auxilliary services | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 4513615 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4513615 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4513615 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35153 | TotalRevenueColumn |
| Exclusion | $35,153 | 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 | 492430 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 492430 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 492430 | TotalRevenueColumn |
| Exclusion | $492,430 | 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 | 84450 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 741953 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 157927 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -73477 | TotalRevenueColumn |
| Exclusion | -$73,477 | 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 |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Ike Insurance proceeds | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 12780 | TotalRevenueColumn |
| Exclusion | $12,780 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 12780 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 62414167 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4513615 | RelatedOrExemptFunctionIncome |
| Exclusion | $466,886 | 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 | 67296 | Total |
| Program Services | 67296 | ProgramServices |
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 | 711701 | Total |
| Program Services | 645157 | ProgramServices |
| Management And General | 51314 | ManagementAndGeneral |
| Fundraising | 15230 | 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 | 28033983 | Total |
| Program Services | 25413929 | ProgramServices |
| Management And General | 2019912 | ManagementAndGeneral |
| Fundraising | 600142 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 511586 | Total |
| Program Services | 446472 | ProgramServices |
| Management And General | 49451 | ManagementAndGeneral |
| Fundraising | 15663 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1849257 | Total |
| Program Services | 1675819 | ProgramServices |
| Management And General | 154872 | ManagementAndGeneral |
| Fundraising | 18566 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 427826 | Total |
| Program Services | 387929 | ProgramServices |
| Management And General | 30494 | ManagementAndGeneral |
| Fundraising | 9403 | 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 | 99704 | Total |
| Program Services | 17165 | ProgramServices |
| Management And General | 82539 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71774 | Total |
| Management And General | 71774 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12900 | Total |
| Fundraising | 12900 | Fundraising |
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 | 2953800 | Total |
| Program Services | 2258290 | ProgramServices |
| Management And General | 661426 | ManagementAndGeneral |
| Fundraising | 34084 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2564069 | Total |
| Program Services | 2348428 | ProgramServices |
| Management And General | 173453 | ManagementAndGeneral |
| Fundraising | 42188 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 760679 | Total |
| Program Services | 573270 | ProgramServices |
| Management And General | 176340 | ManagementAndGeneral |
| Fundraising | 11069 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2766243 | Total |
| Program Services | 2476329 | ProgramServices |
| Management And General | 210847 | ManagementAndGeneral |
| Fundraising | 79067 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 507262 | Total |
| Program Services | 404455 | ProgramServices |
| Management And General | 99281 | ManagementAndGeneral |
| Fundraising | 3526 | 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 | 387860 | Total |
| Program Services | 247623 | ProgramServices |
| Management And General | 121260 | ManagementAndGeneral |
| Fundraising | 18977 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3979267 | Total |
| Management And General | 3979267 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2000818 | Total |
| Program Services | 1870781 | ProgramServices |
| Management And General | 123714 | ManagementAndGeneral |
| Fundraising | 6323 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 466876 | Total |
| Program Services | 427570 | ProgramServices |
| Management And General | 30478 | ManagementAndGeneral |
| Fundraising | 8828 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Transportation services | 2556891 | 2556891 | ||
| Student materials & activities | 1464729 | 1464729 | ||
| Student field trips | 1075449 | 1075449 | ||
| Furniture & equipment | 1031093 | 890426 | 111992 | 28675 |
| Food | 3031604 | 3031604 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 795560 | Total |
| Program Services | 439611 | ProgramServices |
| Management And General | 183009 | ManagementAndGeneral |
| Fundraising | 172940 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58128227 | Total |
| Program Services | 48719223 | ProgramServices |
| Management And General | 8331423 | ManagementAndGeneral |
| Fundraising | 1077581 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 570893 | BOY |
| EOY | 61382 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7526778 | BOY |
| EOY | 25604037 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10062062 | BOY |
| EOY | 11359225 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121957 | BOY |
| EOY | 413925 | 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 | 363745 | BOY |
| EOY | 812419 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 96656424 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10962909 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76440152 | BOY |
| EOY | 85693515 | 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 | 1816828 | BOY |
| EOY | 3168489 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96902415 | BOY |
| EOY | 127112992 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5529745 | BOY |
| EOY | 8990329 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1016856 | BOY |
| EOY | 82345 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34890000 | BOY |
| EOY | 99864713 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42116300 | BOY |
| EOY | 6173 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 943911 | BOY |
| EOY | 2394585 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84496812 | BOY |
| EOY | 111338145 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8127728 | BOY |
| EOY | 12631425 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4087875 | BOY |
| EOY | 2953422 | 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 | 12405603 | BOY |
| EOY | 15774847 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96902415 | BOY |
| EOY | 127112992 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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 D IRS990ScheduleD
Current Year CurrentYear
| 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 Minus1 Year CurrentYearMinus1Year
| 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) |
|---|---|---|
| Board Designated EOY Balance | 0.52500 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.47500 | PermanentEndowmentEOYBalance |
| 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 | 25443115 | OtherCostOrOtherBasis |
| Book Value | 25443115 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 55611413 | OtherCostOrOtherBasis |
| Depreciation | 8720300 | Depreciation |
| Book Value | 46891113 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12216901 | OtherCostOrOtherBasis |
| Book Value | 12216901 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3384995 | OtherCostOrOtherBasis |
| Depreciation | 2242609 | Depreciation |
| Book Value | 1142386 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 85693515 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Due to PHILO Finance Corporation | Description |
| Amount | $2,394,585 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2394585 | TotalOfAmounts |
| Total Revenue | 62414167 | TotalRevenue |
| Total Expenses | 58128227 | TotalExpenses |
| Excess Or Deficit For Year | 4285940 | ExcessOrDeficitForYear |
| Other | -$916,696 | OtherAmount |
| Total Adjustments | -916696 | TotalAdjustments |
| Excess Or Deficit Per FS | 3369244 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 62414167 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 62414167 | RevenueSubtotal |
| Total Revenue Per Form990 | 62414167 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 58128227 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 58128227 | ExpensesSubtotal |
| Total Expenses Per Form990 | 58128227 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | Transfer of funds to PHILO Finance Corp. $ -916696 |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | The endowment provides a source of funds for college scholarships for deserving graduates of KIPP Houston. |
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 |
| Pub Via Broadcast Media Expln | KIPP, Inc. discloses its non-discrimination policy in admissions material and a public announcement is placed in the local paper and on its website. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | KIPP is the recipient of government grants from various federal, state, and local agencies. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
| Total Retained By Contractors | 12900 | TotalRetainedByContractors |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Annual Gala | NameOfEvent1 |
| Gross Receipts Event1 | 826403 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 741953 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 84450 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 157927 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 826403 | GrossReceiptsTotal |
| Charitable Contributions Total | 741953 | CharitableContributionsTotal |
| Gross Revenue Total Events | 84450 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 157927 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 157927 | DirectExpenseSummaryEvents |
| Net Income Summary | -73477 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships | TypeOfGrant |
| Number Of Recipients | 25 | NumberOfRecipients |
| Amount Of Cash Grant | 67296 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | Scholarship applications are distributed to all students in May. The Big Dog Committee meets once a year in June to award scholarships. We also meet during that time to review all current students receiving Big Dog funding. The committee will review their application materials, grades and financial aid award letter. This allows us to gain more context on the student's financial need, academic commitment and personal character. Once decisions are made all recipients are asked to come to campus to sign their contracts and tell us how they are going to "give back" or "pay back" the loan portion of the award. A percentage of the award is loan, so we ask the students to "pay back" this portion by volunteering at KIPP schools. KIPP Through College (KTC) will make check requests for all students once they arrive on their college campuses in the fall. The Big Dog award is split into two disbursements: fall semester and spring semesters. KTC will wait for the students fall semester grades to be mailed to us in January by the student before requesting the second half of the award for the spring semester. A student can renew their award if they are in good academic standing and giving back to KIPP. KTC works with the students to ensure that we have their spring semester grades. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | 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 (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|
| Katy Gill Hayes | ||
| 206876 | 3311 | 210187 |
| Duncan McCrann | ||
| 196652 | 3485 | 200137 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|
| Lavernia Higher Education Finance Corp | ||||
| 2009-10-15 | 65175000 | Construction & Debt Service | false | false |
| Texas Public Finance Authority | ||||
| 2007-02-15 | 34890000 | Construction & Debt Service | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|
| 65175000 | 3390773 | 2368063 | 59416165 | 2011 | false | false | false | true |
| 34890000 | 1345000 | 2365584 | 31179416 | 2009 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|
| false | true | false | false | false | 0.01000 | true |
| false | false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | false | false |
| false | false | false | false | false | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Annually a TEA 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 11 | Form 990, Part VI, Line 11: Form 990 Review Process | The business office management 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. |