KIPP FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- KIPP FOUNDATION (EIN 94-3362724)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-13
- IRS object ID
- 201531339349305218
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T16:29:34-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941254756 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & STRONG LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| 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 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943362724 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIPP | BusinessNameControlTxt |
| Phone | 4153991556 | PhoneNum |
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 |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD BARTH | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4158747383 | PhoneNum |
| Signature | 2015-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAGA E KISRIEV | PreparerPersonNm |
| PTIN | P01008919 | PTIN |
| Phone | 4157810793 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD BARTH | PrincipalOfficerNm |
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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $84,048,384 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://WWW.KIPP.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO CREATE PUBLIC SCHOOLS THAT EQUIP UNDERSERVED STUDENTS WITH SKILLS TO SUCCEED IN COLLEGE & LIFE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 210 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $62,452,414 | PYContributionsGrantsAmt |
| CY Contributions Grants | $60,389,192 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,018,100 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,413,332 | CYProgramServiceRevenueAmt |
| PY Investment Income | $53,433 | PYInvestmentIncomeAmt |
| CY Investment Income | $34,883 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,442 | PYOtherRevenueAmt |
| CY Other Revenue | $5,317 | CYOtherRevenueAmt |
| PY Total Revenue | $67,526,389 | PYTotalRevenueAmt |
| CY Total Revenue | $64,842,724 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $19,636,966 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $25,072,623 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,784,276 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $21,209,498 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,145,695 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,311,897 | PYOtherExpensesAmt |
| CY Other Expenses | $21,807,809 | CYOtherExpensesAmt |
| PY Total Expenses | $54,733,139 | PYTotalExpensesAmt |
| CY Total Expenses | $68,089,930 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $12,793,250 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,247,206 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $66,529,616 | TotalAssetsBOYAmt |
| Total Assets EOY | $67,203,205 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,992,965 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,913,760 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $51,536,651 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $48,289,445 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $32,008,413 | ExpenseAmt |
| Grant | $25,072,623 | GrantAmt |
| Revenue | $2,869,317 | RevenueAmt |
| Desc | ON-GOING SCHOOL SUPPORT - THE FOUNDATION PROVIDES ON-GOING ASSISTANCE TO EXISTING KIPP SCHOOLS IN THE AREAS OF PROFESSIONAL DEVELOPMENT, CURRICULUM, INSTRUCTIONAL SUPPORT, SCHOOL OPERATIONS, REAL ESTATE, FUNDRAISING, AND MARKETING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,015,515 | ExpenseAmt |
| Revenue | $1,544,015 | RevenueAmt |
| Desc | LEADERSHIP DEVELOPMENT - THE KIPP FOUNDATION TRAINS TEACHERS TO BE LEADERS AND TO ESTABLISH NEW KIPP SCHOOLS THROUGH ITS YEAR LONG KIPP SCHOOL LEADERSHIP PROGRAM (KSLP). KSLP HAS TWO TRACKS: THE FISHER FELLOWSHIP AND THE LEADERSHIP PATHWAYS PROGRAM. THE FISHER FELLOWSHIP IS A YEAR-LONG TRAINING FOCUSED ON OPENING AND LEADING A NEW KIPP SCHOOL AND INCLUDES:- A FIVE-WEEK INTENSIVE PROGRAM OF COURSEWORK AT UNIVERSITY OF CHICAGO COVERING INSTRUCTIONAL, ORGANIZATIONAL, AND OPERATIONAL LEADERSHIP RESIDENCIES, TO OBSERVE AND PARTICIPATE IN THE LEADERSHIP AND OPERATION OF HIGH-PERFORMING KIPP SCHOOLS.- SEVERAL TRAINING CONFERENCES ARE HELD THROUGHOUT THE YEAR. THESE CONFERENCES ARE LED BY KIPP STAFF AND PROFESSIONALS OUTSIDE OF THE KIPP FOUNDATION.THE LEADERSHIP PATHWAYS PROGRAM IS A YEAR-LONG TRAINING WITH FOUR DIFFERENT COHORTS FOCUSING ON DEVELOPING STAFF TO TAKE OVER LEADERSHIP ROLES WITHIN THEIR CURRENT KIPP SCHOOL, OR AT ANOTHER EXISTING KIPP SCHOOL. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,423,213 | ExpenseAmt |
| Desc | RESEARCH & 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. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | DescDesc |
|---|---|
| $1,784,259 | KIPP THROUGH COLLEGE (KTC) IS A PART OF THE BROADER KIPP APPROACH THAT HELPS TO ELIMINATE THE OPPORTUNITY GAP BETWEEN STUDENTS FROM HIGH- AND LOW-INCOME COMMUNITIES. KTC COUNSELORS AND ADVISORS IN KIPP SCHOOLS ACROSS THE COUNTRY DO WHATEVER IT TAKES TO SUPPORT STUDENTS AS THEY NAVIGATE HIGH SCHOOL, PREPARE FOR COLLEGE ENTRY, AND WORK HARD ON THEIR JOURNEY THROUGH COLLEGE. LOCAL KTC PROGRAMS ARE AUGMENTED BY NATIONAL INITIATIVES AND SERVICES THAT HELP TO PROVIDE ACCESS TO HIGH SCHOOL, COLLEGE, AND CAREER PREPARATION RESOURCES ACROSS THE KIPP NETWORK. |
| $2,896,400 | KIPP TEACHING AND LEARNING LABS CURATES, DESIGNS, AND DELIVERS RESOURCES, TOOLS, AND LEARNING EXPERIENCES TO SUPPORT EXCELLENT TEACHING. THE GOAL OF THE TEACHER AND LEARNING LAB IS TO MAKE SURE THAT ALL KIPP LEADERS AND TEACHERS HAVE THE KNOWLEDGE, SKILLS, TOOLS, AND RESOURCES NECESSARY TO MAXIMIZE COLLEGE READINESS FOR ALL STUDENTS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,680,659 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $60,127,800 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 250 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 210 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TARUN BHATIA | PersonNm |
| Phone | 4155134114 | PhoneNum |
US Address USAddress
| 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 Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| KATHERINE BRADLEY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILIPPE DAUMAN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DORIS FISHER | ||||||||
| CO-FOUNDER, BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN FISHER | ||||||||
| CHAIRMAN OF THE BOARD | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| REED HASTINGS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RHONDA KALIFEY-ALUISE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTHA KARSH | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL LOMAX | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK NUNNELLY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CARRIE WALTON PENNER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSE VILLARREAL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE FEINBERG | ||||||||
| CO-FOUNDER, DIRECTOR | 40.00 | Yes (X) | $182,906 | $0 | $32,450 | |||
| DAVID LEVIN | ||||||||
| CO-FOUNDER, DIRECTOR | 40.00 | Yes (X) | $428,605 | $0 | $32,884 | |||
| RICHARD BARTH | ||||||||
| CHIEF EXECUTIVE OFFICER, D | 40.00 | Yes (X) | $414,254 | $0 | $12,203 | Yes (X) | ||
| TARUN BHATIA | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $177,572 | $0 | $29,526 | Yes (X) | |||
| SARAH CAMPBELL | ||||||||
| CHIEF LEARNING OFFICER | 40.00 | $182,849 | $0 | $23,773 | Yes (X) | |||
| JONATHAN COWAN | ||||||||
| RESEARCH, DESIGN & INNOVAT | 40.00 | $224,383 | $0 | $35,712 | Yes (X) | |||
| DAVID WICK | ||||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $217,011 | $0 | $37,419 | Yes (X) | |||
| LISA MARGOSIAN | ||||||||
| CHIEF NETWORK SERVICES OFF | 40.00 | $242,403 | $0 | $9,076 | Yes (X) | |||
| KELLY WRIGHT | ||||||||
| CHIEF PROGRAM OFFICER | 40.00 | $219,808 | $0 | $17,965 | Yes (X) | |||
| JACK CHOROWSKY | ||||||||
| CHIEF OPERATIONS OFFICER | 40.00 | $203,615 | $0 | $31,713 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,493,406 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $262,721 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 53 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE COSMOPOLITAN OF LAS VEGAS | |||||
| 3708 SOUTH LAS VEGAS BOULEVARD | LAS VEGAS | NV | 89109 | LODGING & HOSPITALITY | $1,851,036 |
| MARRIOTT BUSINESS SERVICES | |||||
| PO BOX 402602 | ATLANTA | GA | 30384 | LODGING & HOSPITALITY | $967,369 |
| MATHEMATICA POLICY RESEARCH INC | |||||
| PO BOX 2393 | PRINCETON | NJ | 08543 | RESEARCH AND DATA COLLECTION SERVICES | $931,467 |
| ARAMARK | |||||
| 101 AVIENDA DE LAS AMERICAS | HOUSTON | TX | 77010 | MEALS | $750,000 |
| THE UNIV OF CHICAGO RESIDENTIAL SERVIC | |||||
| 1450 E 59TH STREET | CHICAGO | IL | 60637 | LODGING & HOSPITALITY | $702,183 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 39 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $21,611,194 | GovernmentGrantsAmt |
| All Other Contributions | $38,777,998 | AllOtherContributionsAmt |
| Noncash Contributions | $41,858 | NoncashContributionsAmt |
| Total Contributions | $60,389,192 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LICENSE FEES | 900099 | $2,869,317 | $2,869,317 |
| SERVICE FEES & CONF | 900099 | $1,544,015 | $1,544,015 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,413,332 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,505 | TotalRevenueColumnAmt |
| Exclusion | $35,505 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,205,038 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,205,111 | SecuritiesAmt |
| Other | $549 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$73 | SecuritiesAmt |
| Other | -$549 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$622 | TotalRevenueColumnAmt |
| Exclusion | -$622 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | 900099 | $2,973 | $2,973 |
| LOAN ORIG/PTL GUARANTY | 900099 | $2,344 | $2,344 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,317 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,842,724 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,413,332 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $40,200 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,836,335 | TotalAmt |
| Program Services | $24,836,335 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,288 | TotalAmt |
| Program Services | $236,288 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,963,418 | TotalAmt |
| Program Services | $1,417,459 | ProgramServicesAmt |
| Management And General | $1,076,173 | ManagementAndGeneralAmt |
| Fundraising | $469,786 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,716,545 | TotalAmt |
| Program Services | $11,847,026 | ProgramServicesAmt |
| Management And General | $2,018,855 | ManagementAndGeneralAmt |
| Fundraising | $850,664 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $564,528 | TotalAmt |
| Program Services | $434,687 | ProgramServicesAmt |
| Management And General | $90,324 | ManagementAndGeneralAmt |
| Fundraising | $39,517 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,716,391 | TotalAmt |
| Program Services | $1,249,504 | ProgramServicesAmt |
| Management And General | $325,496 | ManagementAndGeneralAmt |
| Fundraising | $141,391 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,248,616 | TotalAmt |
| Program Services | $915,789 | ProgramServicesAmt |
| Management And General | $249,573 | ManagementAndGeneralAmt |
| Fundraising | $83,254 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,227 | TotalAmt |
| Program Services | $31,227 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,917 | TotalAmt |
| Management And General | $210,917 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,866,078 | TotalAmt |
| Program Services | $2,196,307 | ProgramServicesAmt |
| Management And General | $568,732 | ManagementAndGeneralAmt |
| Fundraising | $101,039 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $467,594 | TotalAmt |
| Program Services | $457,195 | ProgramServicesAmt |
| Management And General | $3,890 | ManagementAndGeneralAmt |
| Fundraising | $6,509 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,536,218 | TotalAmt |
| Program Services | $1,245,611 | ProgramServicesAmt |
| Management And General | $234,513 | ManagementAndGeneralAmt |
| Fundraising | $56,094 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,522 | TotalAmt |
| Program Services | $298,569 | ProgramServicesAmt |
| Management And General | $26,046 | ManagementAndGeneralAmt |
| Fundraising | $10,907 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,164,586 | TotalAmt |
| Program Services | $908,293 | ProgramServicesAmt |
| Management And General | $179,154 | ManagementAndGeneralAmt |
| Fundraising | $77,139 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,159,058 | TotalAmt |
| Program Services | $4,749,677 | ProgramServicesAmt |
| Management And General | $274,285 | ManagementAndGeneralAmt |
| Fundraising | $135,096 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,214,264 | TotalAmt |
| Program Services | $4,096,621 | ProgramServicesAmt |
| Management And General | $46,633 | ManagementAndGeneralAmt |
| Fundraising | $71,010 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33 | TotalAmt |
| Program Services | $9 | ProgramServicesAmt |
| Management And General | $23 | ManagementAndGeneralAmt |
| Fundraising | $1 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,554,491 | TotalAmt |
| Program Services | $2,554,491 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $807,516 | TotalAmt |
| Program Services | $543,630 | ProgramServicesAmt |
| Management And General | $200,890 | ManagementAndGeneralAmt |
| Fundraising | $62,996 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,898 | TotalAmt |
| Program Services | $48,431 | ProgramServicesAmt |
| Management And General | $10,064 | ManagementAndGeneralAmt |
| Fundraising | $4,403 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FISCAL SPONSORSHIP TOWN | $803,593 | $803,593 | ||
| SCHOOL LEADER TRAINING | $786,332 | $726,150 | $60,182 | $0 |
| EMPLOYEE RECRUITING COS | $510,929 | $260,324 | $232,714 | $17,891 |
| OTHER EXPENSES | $294,053 | $268,084 | $7,971 | $17,998 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,500 | TotalAmt |
| Program Services | $2,500 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,089,930 | TotalAmt |
| Program Services | $60,127,800 | ProgramServicesAmt |
| Management And General | $5,816,435 | ManagementAndGeneralAmt |
| Fundraising | $2,145,695 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,883,750 | BOYAmt |
| EOY | $35,450,810 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,711,557 | BOYAmt |
| EOY | $19,845,058 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,882,219 | BOYAmt |
| EOY | $3,399,093 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,000 | BOYAmt |
| EOY | $1,700,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,634,228 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,337,653 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,148,684 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,822,977 | BOYAmt |
| EOY | $2,188,969 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,946,729 | BOYAmt |
| EOY | $1,921,242 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $782,384 | BOYAmt |
| EOY | $63,805 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,529,616 | BOYAmt |
| EOY | $67,203,205 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,535,643 | BOYAmt |
| EOY | $11,249,404 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $175,625 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,457,322 | BOYAmt |
| EOY | $7,488,731 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,992,965 | BOYAmt |
| EOY | $18,913,760 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,556,183 | BOYAmt |
| EOY | $26,139,010 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,980,468 | BOYAmt |
| EOY | $22,150,435 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,536,651 | BOYAmt |
| EOY | $48,289,445 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,529,616 | BOYAmt |
| EOY | $67,203,205 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$3,247,206 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,260,530 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,419,200 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,851,211 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $62,452,414 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $59,585,599 | CurrentTaxYearAmt |
| Total | $241,568,954 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,260,530 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,419,200 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $52,851,211 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $62,452,414 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $59,585,599 | CurrentTaxYearAmt |
| Total | $241,568,954 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $68,948,664 | SubstantialContributorsTotAmt |
| Public Support Total170 | $172,620,290 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $225,235 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $89,889 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $65,082 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $49,492 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,505 | CurrentTaxYearAmt |
| Total | $465,203 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,954 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,578 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,995 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,442 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,317 | CurrentTaxYearAmt |
| Total | $37,286 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $242,071,443 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $17,993,506 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71310 | PublicSupportCY170Pct |
| Public Support PY170 | 0.71850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $85,664 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | Yes (1) | RalliesDemonstrationsInd |
| Rallies Demonstrations | $28,555 | RalliesDemonstrationsAmt |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $114,219 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | KIPP FOUNDATION HAS ONE FULL-TIME EMPLOYEE MONITORING FEDERAL POLICIES TO SUPPORT THE EXPANSION AND REPLICATION OF HIGH-QUALITY CHARTER SCHOOLS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $627,491 | OtherCostOrOtherBasisAmt |
| Depreciation | $261,355 | DepreciationAmt |
| Book Value | $366,136 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,815,045 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,170,826 | DepreciationAmt |
| Book Value | $644,219 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,895,117 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,716,503 | DepreciationAmt |
| Book Value | $1,178,614 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,188,969 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| GUARANTEES | $29,786 |
| GOVERNMENT ADVANCE- KCEP | $7,179,254 |
| E-RATE LIABILITY | $181,204 |
| GOVERNMENT ADVANCES | $98,487 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,488,731 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $66,586,516 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $2,547,385 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,547,385 | RevenueNotReportedAmt |
| Revenue Subtotal | $64,039,131 | RevenueSubtotalAmt |
| Other Revenues Not Included | $803,593 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $803,593 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $64,842,724 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $69,833,722 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $2,547,385 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $2,547,385 | ExpensesNotReportedAmt |
| Expenses Subtotal | $67,286,337 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $803,593 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $803,593 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $68,089,930 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION HAS RECEIVED RULINGS FROM THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM THE STATE OF CALIFORNIA FRANCHISE TAX BOARD GRANTING EXEMPTION FROM TAXATION ON RELATED INCOME. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, IF ANY, GENERATED BY ITS INVESTMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, AS OF JUNE 30 2014, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL OR STATE AUTHORITIES FOR TAX YEARS BEFORE 2010 AND 2009, RESPECTIVELY. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FISCAL SPONSORSHIP RECORDED AS A LIABILITY ON FINANCIAL STATEMENTS 803,593. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FISCAL SPONSORSHIP RECORDED AS A LIABILITY ON FINANCIAL STATEMENTS 803,593. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (33 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| FRIENDS OF TEAM ACADEMY CHARTER SCHOOL INC | ||||||||
| 60 PARK PLACE SUITE 802 | NEWARK | NJ | 07102 | 201018667 | 501(C)(3) | $116,500 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS | |
| KIPP ADELANTE PREPARATORY ACADEMY | ||||||||
| 1475 SIXTH AVE 100 | SAN DIEGO | CA | 92101 | 481291867 | 501(C)(3) | $45,025 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH | |
| KIPP AUSTIN PUBLIC SCHOOLS INC | ||||||||
| 8509 FM 969 BUILDING 513 | AUSTIN | TX | 78724 | 010639602 | 501(C)(3) | $1,078,510 | PRINCIPAL PIPELINE & DEVELOPMENT, SCHOOL START-UP | |
| KIPP BALTIMORE INC | ||||||||
| 4701 GREENSPRING AVE RM 115 | BALTIMORE | MD | 21209 | 522342513 | 501(C)(3) | $287,043 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS | |
| KIPP BAY AREA SCHOOLS | ||||||||
| 1404 FRANKLIN STREET SUITE 500 | OAKLAND | CA | 94612 | 205010766 | 501(C)(3) | $1,126,997 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, STARTUP GRANTS | |
| KIPP COLUMBUS | ||||||||
| 2750 AGLER ROAD | COLUMBUS | OH | 43224 | 208627107 | 501(C)(3) | $657,421 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP CHARLOTTE | ||||||||
| 931 WILANN DRIVE | CHARLOTTE | NC | 28215 | 205664061 | 501(C)(3) | $35,315 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH | |
| KIPP CHICAGO | ||||||||
| 1945 SOUTH HALSTED STREET 101 | CHICAGO | IL | 60608 | 300075271 | 501(C)(3) | $1,040,148 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, STARTUP GRANTS | |
| KIPP COLORADO SCHOOLS | ||||||||
| 451 SOUTH TEJON STREET | DENVER | CO | 80223 | 800037534 | 501(C)(3) | $299,353 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, STARTUP GRANTS | |
| KIPP DALLAS-FORT WORTH | ||||||||
| 1401 SOUTH LAMAR STREET LOWER LEVEL | DALLAS | TX | 75215 | 820578155 | 501(C)(3) | $437,501 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, STARTUP GRANTS | LEVEL |
| KIPP DC | ||||||||
| 1003 K STREET NW SUITE 700 | WASHINGTON | DC | 20001 | 742974642 | 501(C)(3) | $1,865,965 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP DELTA PUBLIC SCHOOLS | ||||||||
| 415 OHIO STREET | HELENA | AR | 72342 | 311807400 | 501(C)(3) | $466,349 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP EASTERN NORTH CAROLINA | ||||||||
| 320 PLEASANT HILL ROAD | GASTON | NC | 64127 | 742991314 | 501(C)(3) | $728,382 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP HOUSTON PUBLIC SCHOOLS | ||||||||
| 10711 KIPP WAY | HOUSTON | TX | 27832 | 133875888 | 501(C)(3) | $1,848,514 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP INDIANAPOLIS | ||||||||
| 1740 EAST 30TH STREET | INDIANAPOLIS | IN | 77099 | 300145826 | 501(C)(3) | $443,441 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP JACKSONVILLE SCHOOLS | ||||||||
| 1440 MCDUFF AVENUE NORTH | JACKSONVILLE | FL | 46205 | 264046741 | 501(C)(3) | $487,166 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP ENDEAVOR ACADEMY | ||||||||
| 2700 E 18TH ST 155B | KANSAS CITY | MO | 32254 | 208552002 | 501(C)(3) | $43,115 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH | |
| KIPP LA SCHOOLS | ||||||||
| 3601 E FIRST STREET | LOS ANGELES | CA | 90022 | 261607268 | 501(C)(3) | $2,541,067 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP MASSACHUSETTS | ||||||||
| 90 HIGH ROCK ST | LYNN | MA | 01902 | 743153091 | 501(C)(3) | $808,799 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP MEMPHIS COLLEGIATE SCHOOLS | ||||||||
| 2670 UNION AVENUE EXTENDED 1100 | MEMPHIS | TN | 38112 | 680502820 | 501(C)(3) | $1,665,943 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP METRO ATLANTA | ||||||||
| 350 TEMPLE STREET NW | ATLANTA | GA | 30314 | 113723114 | 501(C)(3) | $1,299,997 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP MINNESOTA | ||||||||
| 5034 N OLIVER AVENUE | MINNEAPOLIS | MN | 55403 | 208877750 | 501(C)(3) | $335,780 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH | |
| KIPP NASHVILLE | ||||||||
| 3410 KNIGHT DRIVE | NASHVILLE | TN | 37207 | 202799123 | 501(C)(3) | $557,721 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP NEW ORLEANS SCHOOLS | ||||||||
| 2514 THIRD STREET | NEW ORLEANS | LA | 70113 | 202277213 | 501(C)(3) | $1,061,787 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP NYC | ||||||||
| 470 7TH AVENUE 10TH FLOOR | NEW YORK | NY | 10018 | 203971209 | 501(C)(3) | $1,255,008 | PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP PHILADELPHIA SCHOOLS | ||||||||
| 5900 BALTIMORE AVENUE | PHILADELPHIA | PA | 19132 | 050546103 | 501(C)(3) | $429,923 | FEDERAL SUB-GRANTS, ADVOCACY GRANTS, PHILANTHROPIC PASSTHROUGH, STARTUP GRANTS | |
| KIPP REACH COLLEGE PREPARATORY | ||||||||
| 1901 NE 13TH STREET | OKLAHOMA CITY | OK | 73117 | 300005794 | 501(C)(3) | $97,390 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH | |
| KIPP SAN ANTONIO | ||||||||
| 731 FREDERICKSBURG ROAD | SAN ANTONIO | TX | 78201 | 412090713 | 501(C)(3) | $1,116,258 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP ST LOUIS | ||||||||
| 2647 OHIO AVENUE | ST LOUIS | MO | 63118 | 010916759 | 501(C)(3) | $514,722 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP TECH VALLEY | ||||||||
| 1 DUDLEY HEIGHTS | ALBANY | NY | 12210 | 201347748 | 501(C)(3) | $101,256 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| KIPP TULSA COLLEGE PREPARATORY | ||||||||
| 1661 EAST VIRGIN STREET | TULSA | OK | 74106 | 113740269 | 501(C)(3) | $48,682 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH | |
| TEAM CHARTER SCHOOLS | ||||||||
| 60 PARK PLACE SUITE 802 | NEWARK | NJ | 02141 | 201018667 | 501(C)(3) | $1,745,257 | PRINCIPAL PIPELINE & DEVELOPMENT, PHILANTHROPIC PASSTHROUGH, SCHOOL START-UP | |
| THE ONE WORLD NETWORK | ||||||||
| 1321 E OLYMPIA AVE APT A | HOUSTON | TX | 61801 | 463104577 | 501(C)(3) | $250,000 | FISCAL SPONSOR PASSTHROUGH | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 33 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| KIPPSTER OF THE YEAR (TRAVEL AND TUITION) | 13 | $56,288 |
| HARRIET BALL TEACHING IN EXCELLENCE AWARD | 11 | $110,000 |
| KIPP SIX AWARD | 7 | $70,000 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE FOUNDATION CHOOSES RECIPIENTS OF SCHOLARSHIPS BASED ON REVIEW OF APPLICATIONS AND RECOMMENDATIONS FROM THROUGHOUT THE KIPP FOUNDATION NETWORK. EACH GRANT HAS A SEPARATE SET OF CRITERIA AND IS REVIEWED BY FOUNDATION STAFF FOR COMPLIANCE AND MERIT. |
| SCHEDULE I, PART I, LINE 2 | 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 U.S. DEPARTMENT OF EDUCATION. 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 U.S. DEPARTMENT OF EDUCATION 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 AND SITE VISITS AS APPLICABLE. EACH RECIPIENT SCHOOL IS REQUIRED TO SUBMIT APPROPRIATE DOCUMENTATION AND RECORDS FOR ALL EXPENSES FOR WHICH THEY ARE REQUESTING TO DRAWDOWN FUNDS. KIPP FOUNDATION REVIEWS EACH REQUEST FOR ACCURACY AND ALLOWABILITY, IN ACCORDANCE WITH THE ORIGINAL BUDGET REQUEST. RECIPIENT SCHOOLS ARE SUBJECT TO AN ANNUAL SINGLE AUDIT AS APPLICABLE AND REVIEW OF SCHOOL FINANCIAL STATEMENTS TO ENSURE THAT EACH SCHOOL RECEIVED AN UNQUALIFIED OPINION. FINALLY, KIPP FOUNDATION PROVIDES AN ANNUAL REPORT TO THE U.S. DEPARTMENT OF EDUCATION REGARDING FUNDS RECEIVED DURING THE PREVIOUS FISCAL YEAR TO ENSURE COMPLIANCE. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MIKE FEINBERG | ||||||||||||||
| CO-FOUNDER, DIRECTOR | $182,906 | $0 | $0 | $0 | $0 | $0 | $7,649 | $0 | $24,801 | $0 | $215,356 | $0 | $0 | $0 |
| DAVID LEVIN | ||||||||||||||
| CO-FOUNDER, DIRECTOR | $428,605 | $0 | $0 | $0 | $0 | $0 | $10,300 | $0 | $22,584 | $0 | $461,489 | $0 | $0 | $0 |
| RICHARD BARTH | ||||||||||||||
| CHIEF EXECUTIVE OFFICER, D | $414,254 | $0 | $0 | $0 | $0 | $0 | $10,837 | $0 | $1,366 | $0 | $426,457 | $0 | $0 | $0 |
| TARUN BHATIA | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $165,072 | $0 | $12,500 | $0 | $0 | $0 | $6,557 | $0 | $22,969 | $0 | $207,098 | $0 | $0 | $0 |
| SARAH CAMPBELL | ||||||||||||||
| CHIEF LEARNING OFFICER | $182,849 | $0 | $0 | $0 | $0 | $0 | $7,190 | $0 | $16,583 | $0 | $206,622 | $0 | $0 | $0 |
| JONATHAN COWAN | ||||||||||||||
| RESEARCH, DESIGN & INNOVAT | $221,883 | $0 | $2,500 | $0 | $0 | $0 | $8,808 | $0 | $26,904 | $0 | $260,095 | $0 | $0 | $0 |
| DAVID WICK | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $214,511 | $0 | $2,500 | $0 | $0 | $0 | $9,124 | $0 | $28,295 | $0 | $254,430 | $0 | $0 | $0 |
| LISA MARGOSIAN | ||||||||||||||
| CHIEF NETWORK SERVICES OFF | $239,903 | $0 | $2,500 | $0 | $0 | $0 | $3,041 | $0 | $6,035 | $0 | $251,479 | $0 | $0 | $0 |
| KELLY WRIGHT | ||||||||||||||
| CHIEF PROGRAM OFFICER | $217,308 | $0 | $2,500 | $0 | $0 | $0 | $9,272 | $0 | $8,693 | $0 | $237,773 | $0 | $0 | $0 |
| JACK CHOROWSKY | ||||||||||||||
| CHIEF OPERATIONS OFFICER | $198,615 | $0 | $5,000 | $0 | $0 | $0 | $9,129 | $0 | $22,584 | $0 | $235,328 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORIS & DONALD FISHER FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | DORIS FISHER, DIRECTOR; JOHN FISHER, DIRECTOR | RelationshipDescriptionTxt |
| Transaction | $249,775 | TransactionAmt |
| Transaction | INDEPENDENT CONTRACTOR | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV | FormAndLineReferenceDesc |
| Explanation | DORIS FISHER IS THE MOTHER OF JOHN FISHER. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $41,858 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBER OF CONTRIBUTORS REFLECTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | DORIS FISHER IS THE MOTHER OF JOHN FISHER. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE TAXPAYER'S ACCOUNTING MANAGER PREPARED THE 2013 990 ORGANIZER WITH THE ASSISTANCE OF THE SENIOR ACCOUNTANTS. THE ORGANIZER WAS FORWARDED TO HOOD AND STRONG, LLP FOR PREPARATION OF THE FORM 990. UPON PREPARATION OF THE 990 DRAFT, THE COMPLIANCE MANAGER, THE CONTROLLER AND GENERAL COUNSEL REVIEWED THE FIRST DRAFT. THE DRAFT WAS SUBMITTED TO THE AUDIT COMMITTEE MEMBERS. THE AUDIT COMMITTEE MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND DIRECT THEIR QUESTIONS TO THE CONTROLLER AND/OR GENERAL COUNSEL. UPON SATISFACTION OF ANY QUESTIONS, THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AS DEFINED IN THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST ON AN ONGOING BASIS IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY AND KIPP FOUNDATION CODE OF ETHICS, WHICH REQUIRE DISCLOSURE WHEREVER A POTENTIAL CONFLICT ARISES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR APPROVAL INVOLVES AN INDEPENDENT THIRD PARTY ORGANIZATION PROVIDING INFORMATION WHICH: * PROVIDES MARKET COMPARABILITY DATA TO ASSIST THE BOARD IN MAKING DECISIONS REGARDING ANY POTENTIAL CHANGES TO THE CURRENT COMPENSATION PROGRAM, * EVALUATES THE COMPETITIVENESS OF THE CURRENT COMPENSATION ARRANGEMENTS AND ADVISE THE BOARD ON THE RANGE OF COMPETITIVE PRACTICES FOR FUNCTIONALLY COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS PROVIDING SIMILAR SERVICES, * PROVIDES OPINION ON THE REASONABLENESS OF THE PROPOSED COMPENSATION ARRANGEMENTS, TAKING ALL RELEVANT FACTORS INTO CONSIDERATION, TO ASSIST THE BOARD WITH ITS GOVERNANCE RESPONSIBILITIES UNDER INTERNAL REVENUE CODE SECTION 4958 AND APPLICABLE REGULATIONS, COMMONLY REFERRED TO AS THE "INTERMEDIATE SANCTIONS" LEGISLATION, AND * FINALLY, SAID COMPENSATION IS APPROVED BY THE KIPP FOUNDATION'S BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE AT WWW.KIPP.ORG AND UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KCEP MORTGAGE | BusinessNameLine1 |
US Address USAddress
| 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 | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 11A, TYPE I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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