Totals
- Total revenue
- $12,094,436
- Total expenses
- $11,419,240
- Contributions and grants received
- $11,871,428
- Grants paid
- $0
- Program service revenue
- $10,074
- Investment income
- $21,589
- Other revenue
- $191,345
- Total assets, end of year
- $8,473,637
- Total liabilities, end of year
- $10,935,273
- Net assets or fund balances, end of year
- -$2,461,636
- Program services expenses (Part IX)
- $9,492,857
- Management and general expenses
- $1,926,383
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $9,492,857
Program services were 83.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$10,533,631
-
1f · All other contributions, gifts and grants
$1,337,797
-
2a · Program service revenue: MEDICAL ASSISTANCE
total $10,074 · related or exempt $10,074
-
3 · Investment income
total $21,589 · excluded $21,589
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $130,261 · excluded $130,261
-
11b · Other revenue: INSURANCE PROCEEDS
total $61,084 · excluded $61,084
-
11e · Other revenue, total
$191,345
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $314,739 · program services $96,600 · management and general $218,139
-
7 · Other salaries and wages
total $4,734,965 · program services $3,784,709 · management and general $950,256
-
8 · Pension plan contributions
total $382,249 · program services $299,329 · management and general $82,920
-
9 · Other employee benefits
total $402,093 · program services $291,592 · management and general $110,501
-
10 · Payroll taxes
total $371,742 · program services $283,818 · management and general $87,924
-
11b · Fees: legal
total $44,444 · management and general $44,444
-
11c · Fees: accounting
total $141,435 · management and general $141,435
-
11g · Fees: other
total $816,606 · program services $732,217 · management and general $84,389
-
13 · Office expenses
total $154,536 · program services $84,603 · management and general $69,933
-
14 · Information technology
total $217,984 · program services $126,790 · management and general $91,194
-
16 · Occupancy
total $1,248,554 · program services $1,244,176 · management and general $4,378
-
19 · Conferences, conventions and meetings
total $39,674 · program services $33,892 · management and general $5,782
-
22 · Depreciation, depletion and amortization
total $334,021 · program services $332,032 · management and general $1,989
-
24a · Other expenses: STUDENT TRANSPORTATION
total $1,349,343 · program services $1,349,343
-
24b · Other expenses: FOOD SERVICE
total $410,222 · program services $410,222
-
24c · Other expenses: EQUIP RENTAL & MAINT
total $207,075 · program services $207,075
-
24d · Other expenses: INSTRUCTIONAL SUPPLIES
total $147,263 · program services $147,263
-
24e · All other expenses
total $102,295 · program services $69,196 · management and general $33,099
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $237,821 · end of year $3,183,266
-
2 · Savings and temporary cash investments
beginning of year $2,792,514
-
3 · Pledges and grants receivable
end of year $98,645
-
4 · Accounts receivable
beginning of year $2,324,934 · end of year $1,799,455
-
9 · Prepaid expenses and deferred charges
beginning of year $119,860 · end of year $128,120
-
10a · Land, buildings and equipment: cost or other basis
$367,665
-
10b · Land, buildings and equipment: accumulated depreciation
$183,414
-
10c · Land, buildings and equipment, net
beginning of year $185,759 · end of year $184,251
-
15 · Other assets
beginning of year $4,666,673 · end of year $3,079,900
-
17 · Accounts payable and accrued expenses
beginning of year $1,146,802 · end of year $901,872
-
19 · Deferred revenue
beginning of year $384,240 · end of year $33,132
-
24 · Unsecured notes and loans payable
beginning of year $600,000 · end of year $300,000
-
25 · Other liabilities
beginning of year $11,091,913 · end of year $9,700,269
-
29 · Capital stock, trust principal or current funds
beginning of year -$2,725,487 · end of year -$1,963,718
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year -$169,907 · end of year -$497,918
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE TO PURSUE THE PATHS THEY CHOOSE- COLLEGE, CAREER, AND BEYOND- SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD.
Activities or mission (Part I)
TO CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS.
-
KIPP MINNESOTA IS DEDICATED TO WORKING WITH FAMILIES AND COMMUNITIES TO BUILD EXCELLENT SCHOOLS AND PREPARE OUR STUDENTS TO PURSUE THE PATH THEY CHOOSE - COLLEGE, CAREER, AND BEYOND - SO THEY CAN BUILD FULFILLING LIVES AND A MORE JUST WORLD. AVERAGE DAILY ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2023 WAS 378 STUDENTS.
Expenses $9,492,857 · Revenue $10,074
As filed on the 2022 return.
Listed in Part VII
-
Nicole DanielsenNICOLE DANIELSEN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Margie SoranMARGIE SORAN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
David MiltonDAVID MILTON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Renee UzongRENEE UZONG
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kristine StraumannKRISTINE STRAUMANN
BOARD MEMBER/COMMUNITY
- Total calculated
- $0
- Hours/week
- 1
-
Kojo Amoo-GottfriedKOJO AMOO-GOTTFRIED
BOARD MEMBER/COMMUNITY
- Total calculated
- $0
- Hours/week
- 1
-
Paul MuldoonPAUL MULDOON
BOARD MEMBER/COMMUNITY
- Total calculated
- $0
- Hours/week
- 1
-
Prince JibunorPRINCE JIBUNOR
BOARD MEMBER/COMMUNITY
- Total calculated
- $0
- Hours/week
- 1
-
Trent BowmanTRENT BOWMAN
BOARD MEMBER/COMMUNITY
- Total calculated
- $0
- Hours/week
- 1
-
Patricia HamptonPATRICIA HAMPTON
BOARD MEMBER/TEACHER
- Total calculated
- $90,702
- From this org
- $79,271
- From related orgs
- $0
- Other
- $11,431
- Hours/week
- 40
-
Aquila CollinsAQUILA COLLINS
BOARD MEMBER/COMMUNITY
- Total calculated
- $0
- Hours/week
- 1
-
Rita GordonRITA GORDON
BOARD MEMBER/PARENT
- Total calculated
- $0
- Hours/week
- 1
-
John Slifer End May 2023JOHN SLIFER END MAY 2023
BOARD MEMBER/COMMUNITY
- Total calculated
- $0
- Hours/week
- 1
-
Shana FordSHANA FORD
EXECUTIVE DIRECTOR
- Total calculated
- $201,832
- From this org
- $179,209
- From related orgs
- $0
- Other
- $22,623
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,209
- Bonus
- $0
- Other
- $0
- Deferred
- $15,001
- Nontaxable benefits
- $7,622
- Filer's total
- $201,832
-
Deonna Perez-EvansDEONNA PEREZ-EVANS
CHIEF OPERATING OFFICER
- Total calculated
- $143,020
- From this org
- $128,723
- From related orgs
- $0
- Other
- $14,297
- Hours/week
- 40
-
Rebecca GalltREBECCA GALLT
VP OF FINANCE AND OPERATIONS
- Total calculated
- $148,064
- From this org
- $133,223
- From related orgs
- $0
- Other
- $14,841
- Hours/week
- 40
-
Israel MosesISRAEL MOSES
HEAD OF SCHOOLS
- Total calculated
- $166,166
- From this org
- $150,322
- From related orgs
- $0
- Other
- $15,844
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,322
- Bonus
- $0
- Other
- $0
- Deferred
- $11,042
- Nontaxable benefits
- $4,802
- Filer's total
- $166,166
-
Niaka DunbarNIAKA DUNBAR
KNS SCHOOL LEADER
- Total calculated
- $117,022
- From this org
- $102,353
- From related orgs
- $0
- Other
- $14,669
- Hours/week
- 40
-
Tiffany HarrisTIFFANY HARRIS
SPECIAL ED DIRECTOR
- Total calculated
- $126,577
- From this org
- $109,297
- From related orgs
- $0
- Other
- $17,280
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · LEASE SCHOOLHOUSE · MN · controlled entity
Directly controlled by KIPP MINNESOTA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431249349300728
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