2024-05-07T17:32:01-05:00 2023-06-30 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2022-07-01 010639602 KIPP Texas Inc KIPP 5125013646 10711 KIPP Way Houston TX 77099 Son Nam Han CFO 5125013646 2024-05-07 1 Son Nam Han 999009999 0 Barbara Murphy P01386215 7134395739 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Sehba Ali 10711 KIPP Way Houston TX 77099 484924536 0 X www.kipptexas.org X 2003 TX KIPP Texas Public Schools is an open-enrollment, free public charter school network of 57 schools with nearly 35,000 Pre-K - 12 students across the state. Together with our families and communities, we create joyful, academically excellent schools that prepare our students to pursue any path they choose - college, career, and beyond - so they can lead fulfilling lives and build a more just world. An integral part of the KIPP Texas approach is KIPP Forward. KIPP Forward honors our promise to support our alumni to and through college and career completion by empowering alumni to continue to use their KIPP-developed scholarly habits, knowledge, and qualities of character to continue advancing and engaging with our communities. To learn more, go to https://kipptexas.org/about/ 19 19 6375 5000 0 0 452780690 473780779 3915022 5389575 673525 4656716 419140 681781 457788377 484508851 105636 121474 0 0 292667083 320948425 118768 0 4170939 147945823 159690139 440837310 480760038 16951067 3748813 902975541 893335799 740080220 726510735 162895321 166825064 X Together with our families and communities, KIPP Texas creates joyful, academically excellent schools that prepare our students to pursue any path they choose - college, career, and beyond - so they can lead fulfilling lives and build a more just world. 0 0 428240570 5389575 See Schedule O KIPP Texas is committed to equity in education with an instructional program in which students are given the opportunity to master the fundamental skills of reading, writing, listening, speaking, spelling, and mathematics. Other fundamental learning in the arts, literature, foreign language, natural sciences, social sciences, physical education, and college and career readiness skills is provided for all students. Recognition is given and provisions are made for the individual capabilities, creative talents, needs, and interests of each student. KIPP Texas students graduate college at a rate four times higher than the national average for low-income students. KIPP Texas students enter by lottery with no test for admission and no screening. Approximately 86% of our student population is economically disadvantaged and 38% are English Language Learners.To learn more, go to https://kipptexas.org/ 4616520 121474 See Schedule OKIPP Forward is a program designed to help our KIPPsters go to and through college and lead a choice-filled life. KIPP Forward counselors work with Little KIPPsters starting in their junior year in high school to select the right classes, fill out the FAFSA and other college scholarship forms, prepare to take college entrance exams such as the ACT, and support them as they prepare for and select the right college and career based on their interests and passions. After high school, KIPP Texas advisors help alumni navigate the academic, social, and financial challenges they might encounter while in college or pursuing a career.To learn more, go to https://kipptexas.org/kipp-foward/ 432857090 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 491 0 1 6375 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Susan Liao 8323281051 10711 KIPP Way Houston TX 77099 Gene Austin Chair 2.00 1.00 X X 0 0 0 Allison Thacker Vice Chair 2.00 0.00 X X 0 0 0 Darla Whitaker Secretary 2.00 0.00 X X 0 0 0 Gretchen Miller Assistant Secretary 2.00 0.00 X X 0 0 0 Kent Wallace Treasurer 2.00 1.00 X X 0 0 0 Bill Boyar Board Member 2.00 1.00 X 0 0 0 Peter Brodsky Board Member 2.00 1.00 X 0 0 0 Jennefer Canales Board Member 2.00 0.00 X 0 0 0 Cleve Glenn Board Member 2.00 0.00 X 0 0 0 Lauren Gore Board Member 2.00 0.00 X 0 0 0 Pepe Guevara Board Member 2.00 0.00 X 0 0 0 Dolores Lozano Board Member 2.00 0.00 X 0 0 0 Ethan Phillips Board Member 2.00 0.00 X 0 0 0 Patricia Ponton Board Member 2.00 0.00 X 0 0 0 Shana Ravnsborg Board Member 2.00 0.00 X 0 0 0 Shawn Raymond Board Member 2.00 0.00 X 0 0 0 Manolo Sanchez Board Member 2.00 0.00 X 0 0 0 Alex Sharma Board Member 2.00 0.00 X 0 0 0 Velma Villegas Board Member 2.00 0.00 X 0 0 0 Sehba Z Ali Chief Executive Officer 50.00 1.00 X 463103 0 35491 Larry J Guillory Chief Administration Officer 50.00 0.00 X 350221 0 34524 Vanessa Barry Chief Operating Officer 50.00 0.00 X 313377 0 32430 Jobina A Scott Chief Advancement Officer 50.00 0.00 X 327337 0 30533 Son Nam Han Chief Financial Officer 50.00 1.00 X 295412 0 33575 Daniel Caesar Chief Schools Officer 50.00 0.00 X 282625 0 28981 Daphane Carter thru 822 Chief Academic Officer 50.00 0.00 X 208286 0 26534 Herbert A Smith Regional Superintendent 50.00 0.00 X 276192 0 19467 Justin Scott Regional Superintendent 50.00 0.00 X 250191 0 23372 Eric Coleman Regional Superintendent 50.00 0.00 X 279280 0 26004 Francis Cush Jr Regional Superintendent 50.00 0.00 X 168413 0 19985 Eric Kot Deputy Chief, Operations 50.00 0.00 X 202215 0 23083 Joseph Hykle Deputy Chief, Finance 50.00 0.00 X 198512 0 25855 Deedrah Harp Deputy Chief, Academic Programs 50.00 0.00 X 198002 0 24053 Charles W Fimble Jr Deputy Chief, Human Resources 50.00 0.00 X 192488 0 25478 Susan Liao Deputy Chief, Accounting 50.00 0.00 X 191309 0 22297 4196963 0 431662 178 0 1 0 Linbeck Group LLC 3900 Essex Ln Ste 1200 Houston TX 77027 Construction 25938880 Whiting-Turner Contracting Company 300 E Joppa Rd Baltimore MD 21286 General contractor 23245155 First Student Inc 22157 Network Place Chicago IL 60673 Bus transportation 12267463 Anslow-Bryant Cons Ltd 5373 W Sam Houston Pkwy N Ste 200 Houston TX 77041 Construction 11982540 Sodexo Inc & Affiliates PO Box 536922 Atlanta GA 30353 Cafeteria services 10142430 83 1041548 459299627 13439604 70522 473780779 Charter Program fees 611710 3091741 3091741 Auxiliary fees 611710 2186765 2186765 Food service fees 611710 56876 56876 Childcare service fees 611710 54193 54193 5389575 4508290 4508290 265130 0 265130 265130 265130 126489 112500 82624 7939 43865 104561 148426 148426 403336 1041548 325122 78214 78214 Insurance recovery 611710 338437 338437 338437 484508851 5389575 0 5338497 121474 121474 3525337 234820 3290517 268346939 248111342 17835156 2400441 15405001 14440268 836706 128027 29031227 27192043 1636253 202931 4639921 4235727 363887 40307 549582 549582 102312 102312 20047614 14376339 5392900 278375 14103980 12075698 1583573 444709 11070789 8753702 2263369 53718 10893274 10145604 685960 61710 123343 81988 40184 1171 2106523 1662864 382118 61541 19446840 18285218 1052603 109019 23746957 21804198 1821561 121198 3950836 18664 3932066 106 Transportation/bus 17410555 17410555 Cafeteria/food expenses 13977071 13977071 Repairs & maintenance 13211587 12163484 922277 125826 Student trips 2475944 2475944 6472932 5290087 1040985 141860 480760038 432857090 43732009 4170939 938350 164595 144105902 143854807 67718808 72142420 1000836 432102 2241888 2630319 803751144 175338890 553273884 628412254 1484001 1728216 132211872 43971086 902975541 893335799 76904631 70865488 1110351 1162039 574042059 565674003 88023179 88809205 740080220 726510735 X 145127710 142972990 17767611 23852074 162895321 166825064 902975541 893335799 3748813 180930 0 X 0 1 X 1 1 1 X 309349599 339642282 389509753 452780690 473780779 1965063103 309349599 339642282 389509753 452780690 473780779 1965063103 1965063103 468874 1264422 910002 682649 4773420 8099367 52933 70346 78214 201493 64446 338437 402883 1973766846 27333282 0.99560 0.99780 X Schedule A, Part II, Line 10, Explanation of Other Income: Insurance recovery - 2021 Amount: $ 64,446. 2022 Amount: $ 338,437. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 630853 112888 743741 713899 -83046 630853 609455 112194 7750 713899 558491 54848 3884 609455 506193 62510 10212 558491 0.25546 0.74454 0 0 72255632 72255632 588045664 151340908 436704756 35975799 23997982 11977817 107474049 107474049 628412254 Taxable bonds 53736812 Lease payable 502323 Note payable to affiliate 34570070 88809205 487030630 180930 2340849 2521779 484508851 0 484508851 483100887 2340849 2340849 480760038 0 480760038 Part V, Line 4: The endowment provides a source of funds for college scholarships for deserving graduates of KIPP Texas. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 KIPP Texas, Inc. discloses its non-discrimination policy in admissions materials and on its website. Schedule E, Part I, Line 6 As a public charter school, KIPP receives both State & Federal grants for education from the Texas Education Agency, U.S. Department of Education, and U.S. Department of Agriculture. Houston Dinner 1121173 840876 280297 66962 144939 28008 Austin Dinner 186176 97966 88210 26054 14215 1000 13608 1 137535 102706 34829 11460 9895 8981 1444884 1041548 403336 104476 169049 1000 50597 325122 78214 1 Scholarships 86 121474 Part I, Line 2: The KIPP Forward department distributes scholarship applications to all graduating seniors in May of every year. In June, the selection committee awards the scholarships based on the applicants' financial needs, academic commitment, and personal character. Scholarship recipients must volunteer at KIPP during the summer. There are two disbursements to the recipients. Students receive their first half of payment during the first month on campus. The second half of the reward is contingent on their fall semester grades, payable in the spring semester. The recipient can also renew their award with good academic standing and continue summer volunteering at KIPP. To learn more about KIPP Forward go to https://kipptexas.org/kipp-forward/ X X X X 0 0 0 0 0 0 0 1 0 Sehba Z Ali Chief Executive Officer 403362 0 59691 0 50 0 27809 0 7682 0 498594 0 0 0 Larry J Guillory Chief Administration Officer 288919 0 36302 0 25000 0 26395 0 8129 0 384745 0 0 0 Jobina A Scott Chief Advancement Officer 268644 0 33693 0 25000 0 23876 0 6657 0 357870 0 0 0 Vanessa Barry Chief Operating Officer 278781 0 34546 0 50 0 24553 0 7877 0 345807 0 0 0 Son Nam Han Chief Financial Officer 268644 0 26768 0 0 0 24298 0 9277 0 328987 0 0 0 Daniel Caesar Chief Schools Officer 240110 0 30515 0 12000 0 20852 0 8129 0 311606 0 0 0 Eric Coleman Regional Superintendent 197681 0 21599 0 60000 0 16471 0 9533 0 305284 0 0 0 Herbert A Smith Regional Superintendent 236504 0 29188 0 10500 0 19456 0 11 0 295659 0 0 0 Justin Scott Regional Superintendent 211671 0 26100 0 12420 0 16715 0 6657 0 273563 0 0 0 Daphane Carter thru 822 Chief Academic Officer 208286 0 0 0 0 0 18405 0 8129 0 234820 0 0 0 Eric Kot Deputy Chief, Operations 190915 0 11300 0 0 0 16026 0 7057 0 225298 0 0 0 Joseph Hykle Deputy Chief, Finance 182818 0 15644 0 50 0 16743 0 9112 0 224367 0 0 0 Deedrah Harp Deputy Chief, Academic Programs 180062 0 17940 0 0 0 14941 0 9112 0 222055 0 0 0 Charles W Fimble Jr Deputy Chief, Human Resources 180238 0 12250 0 0 0 14677 0 10801 0 217966 0 0 0 Susan Liao Deputy Chief, Accounting 175814 0 15025 0 470 0 15640 0 6657 0 213606 0 0 0 Francis Cush Jr Regional Superintendent 153610 0 14753 0 50 0 12108 0 7877 0 188398 0 0 0 Part I, Line 7 The officers, key employees, and other highly compensated employees listed on Part II received bonuses as reflected in column (B)(ii) based on individual perfomance and the overall financial health of the organization. A Texas Public Finance Authority 562491403 88276PED4 2014-11-25 40237679 Fund capital expenditures 0 0 0 B Hilshire Village Higher Education Finance Corp 474749735 2015-08-13 4123000 Fund capital expenditures 0 0 0 C City of Houston Higher Education Finance Corp 760387014 442378GK5 2014-07-10 48641499 Construct & Refund Prior Debt 0 0 0 D City of Houston Higher Education Finance Corp 760387014 44237HCM5 2015-05-19 80153143 Refund Prior Debt 0 0 0 A 5230000 40244893 760625 39484268 2017 0 0 1 1 B 1365000 4123087 73615 4049472 2015 0 0 1 1 C 12905000 48641499 912851 15860723 31867925 2016 1 0 1 1 D 8845000 80153143 1208732 78944411 2017 1 1 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Entity 1, Part II, Column A, line 3 The $40,244,893 total proceeds of issue includes investment proceeds of the issue. Schedule K, Entity 2, Part II, Column A, line 3 The $102,992,446 total proceeds of issue includes investment proceeds of the issue. A Arlington Higher Education Finance Corp 273906171 041806RS1 2018-11-13 102982703 Fund capital expenditures 0 0 0 B Arlington Higher Education Finance Corp 273906171 041806WE6 2019-11-13 113267488 Fund capital expenditures 0 0 0 C Arlington Higher Education Finance Corp 273906171 041806C24 2020-09-30 56478305 Fund capital expenditures 0 0 0 D Arlington Higher Education Finance Corp 273906171 0418066f2 2022-03-29 178504947 Fund capital expenditures 0 0 0 A 1620000 102992446 2695229 1432353 98788489 76375 0 0 0 1 B 5755000 113267488 1558050 2624357 108509220 575861 0 0 0 1 C 875000 56478305 1017330 1459386 260121 53741468 0 0 0 1 D 1000000 178504974 4563810 15114491 1937559 41402398 115486716 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 X 1394 FMV X 2 20246 FMV X 1 33436 FMV X Auction items 115 15446 FMV 0 0 1 0 Form 990, Part VI, Section A, line 1a The Executive Committee is comprised of the Chair, Vice Chair, Finance Committee Chair, CEO, CFO, and two members appointed by the Chair; provided, however, that the CEO and CFO are ex officio, non-voting members of the Executive Committee. The Executive Committee is responsible for conducting Board affairs in the intervals between meetings, dealing with matters of urgency, and coordinating the annual performance review of the CEO. The Executive Committee may also consider and approve real estate and construction projects and consider and approve legal settlements up to $100,000 if so delegated by the Board. Form 990, Part VI, Section B, line 11b Form 990 is reviewed internally by the CFO and Controller. The Board of Directors receives a copy of the approved tax return prior to filing with the IRS. Form 990, Part VI, Section B, line 12c All governing board members are required to sign and date copies of Texas Education Agency's conflict of interest forms and such forms are maintained in the Charter district office, as required by 19 TAC 100.1203(a)(3), at all times. This Governance form information must be submitted through TEAL account in Charter School Tracking System (CSTS). One online form must be completed for EACH individual board member for each charter. All forms must be in "submitted" status to complete the submission. Form 990, Part VI, Section B, line 15 The Board approved the compensation package for the CEO. Documentation supporting the decision is retained by the organization. The CEO, in conjunction with the Chief Administrative Officer, reviews compensation data from comparable charter schools and approves the compensation package for other Officers. Form 990, Part VI, Section C, line 19 Available upon request. KIPP Texas Future Fund 10711 KIPP Way Houston TX 77099 260279655 Provide financial services to charter school TX 501(c)(3) 12(a) KIPP Texas Inc 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 KIPP Texas Future Fund E 34570070 Cash