Totals
- Total revenue
- $78,346,517
- Total expenses
- $104,630,766
- Contributions and grants received
- $68,065,791
- Grants paid
- $41,408,205
- Program service revenue
- $7,732,803
- Investment income
- $2,547,571
- Other revenue
- $352
- Total assets, end of year
- $116,066,149
- Total liabilities, end of year
- $25,895,291
- Net assets or fund balances, end of year
- $90,170,858
- Program services expenses (Part IX)
- $93,668,482
- Management and general expenses
- $7,844,388
- Fundraising expenses
- $3,117,896
- Program service expenses (Part III)
- $93,668,482
Program services were 89.5% 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)
$19,803,743
-
1f · All other contributions, gifts and grants
$48,262,048
-
1g · Noncash contributions included above
$9,893
-
2a · Program service revenue: LICENSE FEES
total $5,768,670 · related or exempt $5,768,670
-
2b · Program service revenue: LEADERSHIP INCOME
total $1,964,133 · related or exempt $1,964,133
-
3 · Investment income
total $3,287,571 · excluded $3,287,571
-
7a · Gross sales of assets other than inventory
securities $12,410,553
-
7b · Less cost or other basis and sales expenses
securities $13,150,553
-
7c · Gain or loss
securities -$740,000
-
7d · Net gain or loss
total -$740,000 · excluded -$740,000
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $352 · related or exempt $352
-
11e · Other revenue, total
$352
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $38,876,332 · program services $38,876,332
-
2 · Grants to domestic individuals
total $2,531,873 · program services $2,531,873
-
5 · Compensation of officers, directors and key employees
total $4,706,229 · program services $2,835,231 · management and general $872,315 · fundraising $998,683
-
7 · Other salaries and wages
total $28,731,498 · program services $24,339,049 · management and general $3,246,851 · fundraising $1,145,598
-
8 · Pension plan contributions
total $926,082 · program services $784,529 · management and general $111,221 · fundraising $30,332
-
9 · Other employee benefits
total $4,434,934 · program services $3,747,912 · management and general $547,272 · fundraising $139,750
-
10 · Payroll taxes
total $2,284,202 · program services $1,861,391 · management and general $293,974 · fundraising $128,837
-
11b · Fees: legal
total $201,289 · program services $201,289
-
11c · Fees: accounting
total $250,553 · management and general $250,553
-
11f · Fees: investment management
total $571,122 · management and general $571,122
-
11g · Fees: other
total $8,779,405 · program services $8,036,605 · management and general $395,271 · fundraising $347,529
-
12 · Advertising and promotion
total $945,926 · program services $924,596 · management and general $9,029 · fundraising $12,301
-
13 · Office expenses
total $1,924,376 · program services $1,275,398 · management and general $632,153 · fundraising $16,825
-
14 · Information technology
total $644,738 · program services $422,243 · management and general $206,714 · fundraising $15,781
-
16 · Occupancy
total $954,937 · program services $759,193 · management and general $158,661 · fundraising $37,083
-
17 · Travel
total $3,366,671 · program services $3,202,328 · management and general $148,528 · fundraising $15,815
-
22 · Depreciation, depletion and amortization
total $538,859 · program services $433,200 · management and general $84,527 · fundraising $21,132
-
23 · Insurance
total $166,336 · program services $133,721 · management and general $26,092 · fundraising $6,523
-
24a · Other expenses: TRAINING & EVENT PRODUC
total $2,809,860 · program services $2,777,473 · management and general $17,197 · fundraising $15,190
-
24b · Other expenses: EMPLOYEE RECRUITING COS
total $681,805 · program services $252,230 · management and general $245,865 · fundraising $183,710
-
24c · Other expenses: DATA ACQUISITION
total $271,925 · program services $271,925
-
24d · Other expenses: OTHER EXPENSES
total $31,814 · program services $1,964 · management and general $27,043 · fundraising $2,807
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $36,156,612 · end of year $46,235,103
-
3 · Pledges and grants receivable
beginning of year $27,391,338 · end of year $16,289,168
-
4 · Accounts receivable
beginning of year $6,463,439 · end of year $6,527,286
-
7 · Other notes and loans receivable
beginning of year $8,016,667 · end of year $7,133,334
-
9 · Prepaid expenses and deferred charges
beginning of year $1,478,533 · end of year $637,423
-
10a · Land, buildings and equipment: cost or other basis
$7,885,958
-
10b · Land, buildings and equipment: accumulated depreciation
$6,550,400
-
10c · Land, buildings and equipment, net
beginning of year $1,598,049 · end of year $1,335,558
-
11 · Investments: publicly traded securities
beginning of year $54,250,578 · end of year $33,965,088
-
15 · Other assets
beginning of year $918,856 · end of year $3,943,189
-
17 · Accounts payable and accrued expenses
beginning of year $12,231,269 · end of year $14,238,275
-
25 · Other liabilities
beginning of year $7,833,983 · end of year $11,657,016
-
27 · Net assets without donor restrictions
beginning of year $48,524,869 · end of year $43,371,946
-
28 · Net assets with donor restrictions
beginning of year $67,683,951 · end of year $46,798,912
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 PUBLIC SCHOOLS THAT EQUIP EDUCATIONALLY UNDERSERVED STUDENTS WITH SKILLS TO SUCCEED.
-
NETWORK GROWTH & SUSTAINABILITY: THE KIPP FOUNDATION SUPPORTS STRONGER, MORE CAPABLE KIPP REGIONS THAT ARE DELIVERING ON ALL ASPECTS OF KIPP'S MISSION. THE KIPP FOUNDATION PARTNERS WITH REGIONAL EXECUTIVE DIRECTORS AND SENIOR LEADERS TO UNDERSTAND THEIR UNIQUE CONTEXT TO SUPPORT THEM ON GROWTH, REGIONAL SCALE, AND PRIORITY PLANNING. THE KIPP FOUNDATION OFFERS KIPP REGIONS: - COACHING FOR EXECUTIVE DIRECTORS; - FINANCIAL AND OPERATIONAL SUPPORT; - INTEGRATION AND SCALE SUPPORT; - STRATEGIC LEADERSHIP AROUND NEW SITE DEVELOPMENT; - LEGAL AND TECHNOLOGY SUPPORT.
Expenses $43,282,772 · Grants $30,578,887 · Revenue $5,854,478
-
ACADEMICS & CULTURE: TO ENSURE ALL KIPPSTERS EXPERIENCE A JOYFUL, ACADEMICALLY EXCELLENT, ANTI-RACIST EDUCATION, THE KIPP FOUNDATION PARTNERS WITH KIPP SCHOOLS AND REGIONS TO BUILD SYSTEMS THAT PROMOTE ACADEMIC EQUITY, ESTABLISH A HEALTHY AND EQUITABLE SCHOOL CULTURE, AND ENSURE TEACHERS ARE EFFECTIVELY SUPPORTED IN EXPANDING THEIR CONTENT KNOWLEDGE AND CULTURALLY RESPONSIVE PEDAGOGY. THE KIPP FOUNDATION ALSO PROVIDES KIPP SCHOOLS AND REGIONS WITH CURRICULUM, ASSESSMENT, AND OTHER INSTRUCTIONAL RESOURCES; AS WELL AS TRAINING AND IMPLEMENTATION SUPPORT TO MAXIMIZE INSTRUCTIONAL EFFECTIVENESS AND STUDENT OUTCOMES.
Expenses $15,277,736 · Grants $2,982,602 · Revenue $268,150
-
POLICY & PUBLIC AFFAIRS: THE KIPP FOUNDATION HAS ADOPTED A POLICY AND PUBLIC AFFAIRS STRATEGY TO:- PROACTIVELY SHIFT THE NARRATIVE ABOUT KIPP AND CHARTERS TO PROTECT AND GROW THE KIPP BRAND, ENGAGE MORE STAKEHOLDERS AND PAVE THE WAY FOR GROWTH; - BUILD AUTHENTIC RELATIONSHIPS ROOTED IN A SHARED AGENDA TO ADVOCATE NATIONALLY AND LOCALLY ON KEY POLICY PRIORITIES THAT SUPPORT STUDENTS AND ALUMNI ON THE PATH TO LEADING CHOICE-FILLED LIVES; - CONNECT ADULT ALUMNI TO EACH OTHER AND TO KIPP;- BUILD THE CAPACITY OF KIPP SCHOOLS & REGIONS TO LEVERAGE KIPP'S NATIONAL SCALE AND COMMUNICATE AND ADVOCATE PROACTIVELY IN A COORDINATED MANNER.
Expenses $10,874,873 · Grants $1,262,252
-
KIPP FORWARD:THE KIPP FOUNDATION SUPPORTS KIPP SCHOOLS AND REGIONS IN STRENGTHENING THEIR COLLEGE COUNSELING AND ALUMNI ADVISING TO ENSURE THAT KIPP ALUMNI ARE PREPARED FOR THE EDUCATIONAL AND CAREER PATH THAT FITS THEIR GOALS AND SENSE OF PURPOSE. THE KIPP FOUNDATION HAS CREATED A SET OF NATIONAL INITIATIVES AND PROGRAMS DESIGNED TO SUPPORT AND PROVIDE RESOURCES TO LOCAL KIPP FORWARD PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS INCLUDE: - COLLEGE PARTNERSHIPS; - SUPPORT FOR KIPP ALUMNI ON COLLEGE CAMPUSES; - CAREER EXPOSURE AND EXPLORATION; - AND PROFESSIONAL DEVELOPMENT FOR SCHOOL LEADERS THROUGH TRAINING, AND SHARED TOOLS AND RESOURCES.NETWORK TALENT & LEADERSHIP DEVELOPMENT: THE KIPP FOUNDATION PARTNERS WITH KIPP REGIONS TO BUILD AND SUSTAIN HEALTHY TALENT ECOSYSTEMS TO ENSURE STRONG, EQUITABLE, INCLUSIVE TALENT PLANNING, RECRUITMENT, SELECTION AND DEVELOPMENT OF TEACHERS AND LEADERS. THE KIPP FOUNDATION ALSO SUPPORTS THE DEVELOPMENT OF KIPP PRINCIPALS AND DISTRICT LEADERS THROUGH A SYSTEMIC STRATEGY TO ENSURE HEALTHY PRINCIPAL PIPELINES.RESEARCH, DESIGN & INNOVATION: THE KIPP FOUNDATION SUPPORTS CONTINUOUS LEARNING AND IMPROVEMENT AMONG KIPP SCHOOLS & REGIONS BY:- CREATING ON-GOING VISIBILITY INTO KIPP'S NETWORK-WIDE PERFORMANCE AND GENERATING ACTIONABLE INSIGHTS; - ENSURING HIGH QUALITY DATA AND RESEARCH TO SUPPORT NETWORK LEADERS IN MAKING DATA-DRIVEN DECISIONS; AND - PROMOTING INNOVATION AND FACILITATING THE EXCHANGE OF IDEAS THROUGH NETWORK-WIDE RETREATS AND PROFESSIONAL DEVELOPMENT EVENTS.
Expenses $24,233,101 · Grants $6,584,464 · Revenue $1,610,527
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John FisherJOHN FISHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katherine BradleyKATHERINE BRADLEY
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Reed HastingsREED HASTINGS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Emma BloombergEMMA BLOOMBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Martha KarshMARTHA KARSH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael LomaxMICHAEL LOMAX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark NunnellyMARK NUNNELLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carrie Walton PennerCARRIE WALTON PENNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Abigail WexnerABIGAIL WEXNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maria AnguianoMARIA ANGUIANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
A'Dorian Murray-ThomasA'DORIAN MURRAY-THOMAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Cunningham AkotoJESSICA CUNNINGHAM AKOTO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marsha ReevesMARSHA REEVES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shavar JeffriesSHAVAR JEFFRIES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charles PhillipsCHARLES PHILLIPS
BOARD MEMBER (THRU 5/31/23)
- Total calculated
- $0
- Hours/week
- 1
-
Richard BarthRICHARD BARTH
CEO (THRU 7/1/22)
- Total calculated
- $350,439
- From this org
- $333,414
- From related orgs
- $0
- Other
- $17,025
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $329,665
- Bonus
- $0
- Other
- $3,749
- Deferred
- $10,800
- Nontaxable benefits
- $6,225
- Filer's total
- $350,439
-
Dave LevinDAVE LEVIN
CO-FOUNDER
- Total calculated
- $495,321
- From this org
- $449,403
- From related orgs
- $0
- Other
- $45,918
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $447,194
- Bonus
- $0
- Other
- $2,209
- Deferred
- $5,186
- Nontaxable benefits
- $40,732
- Filer's total
- $495,321
-
Kinnari Patel-SmythKINNARI PATEL-SMYTH
PRESIDENT
- Total calculated
- $464,599
- From this org
- $438,061
- From related orgs
- $0
- Other
- $26,538
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $436,042
- Bonus
- $0
- Other
- $2,019
- Deferred
- $10,800
- Nontaxable benefits
- $15,738
- Filer's total
- $464,599
-
Carolyn HackCAROLYN HACK
ACTING CHIEF FINANCIAL OFFICER
- Total calculated
- $324,927
- From this org
- $273,395
- From related orgs
- $0
- Other
- $51,532
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $271,664
- Bonus
- $0
- Other
- $1,731
- Deferred
- $10,800
- Nontaxable benefits
- $40,732
- Filer's total
- $324,927
-
Neyha RajanNEYHA RAJAN
SECRETARY (THRU 1/31/23)
- Total calculated
- $257,997
- From this org
- $240,706
- From related orgs
- $0
- Other
- $17,291
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,038
- Bonus
- $45,034
- Other
- $1,634
- Deferred
- $9,624
- Nontaxable benefits
- $7,667
- Filer's total
- $257,997
-
Garfield ByrdGARFIELD BYRD
CFO/BOARD TREAS (THRU 12/2/22)
- Total calculated
- $242,214
- From this org
- $212,618
- From related orgs
- $0
- Other
- $29,596
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,908
- Bonus
- $0
- Other
- $3,710
- Deferred
- $8,463
- Nontaxable benefits
- $21,133
- Filer's total
- $242,214
-
Federico GonzalezFEDERICO GONZALEZ
CH ACAD/TALENT SYS OFF(THRU 11/1/22)
- Total calculated
- $399,810
- From this org
- $381,455
- From related orgs
- $0
- Other
- $18,355
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $249,064
- Bonus
- $0
- Other
- $132,391
- Deferred
- $5,962
- Nontaxable benefits
- $12,393
- Filer's total
- $399,810
-
Shelley GoodeSHELLEY GOODE
CHIEF DEVEL OFFICER (THRU 1/1/23)
- Total calculated
- $386,175
- From this org
- $348,355
- From related orgs
- $0
- Other
- $37,820
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $341,445
- Bonus
- $0
- Other
- $6,910
- Deferred
- $9,307
- Nontaxable benefits
- $28,513
- Filer's total
- $386,175
-
Beth ThompsonBETH THOMPSON
EXECUTIVE COACH
- Total calculated
- $315,542
- From this org
- $289,411
- From related orgs
- $0
- Other
- $26,131
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $287,672
- Bonus
- $0
- Other
- $1,739
- Deferred
- $10,800
- Nontaxable benefits
- $15,331
- Filer's total
- $315,542
-
Jonathan CowanJONATHAN COWAN
CH RESEARCH, DESIGN & INNO OFFICER
- Total calculated
- $331,600
- From this org
- $281,523
- From related orgs
- $0
- Other
- $50,077
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $279,064
- Bonus
- $0
- Other
- $2,459
- Deferred
- $10,800
- Nontaxable benefits
- $39,277
- Filer's total
- $331,600
-
John AlfordJOHN ALFORD
CHIEF NETWOK GROWTH OFFICER
- Total calculated
- $321,043
- From this org
- $269,511
- From related orgs
- $0
- Other
- $51,532
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $267,599
- Bonus
- $0
- Other
- $1,912
- Deferred
- $10,800
- Nontaxable benefits
- $40,732
- Filer's total
- $321,043
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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 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
The filer's explanations (Part III)
- PART I, LINE 1A
- THE ORGANIZATION PROVIDES A $200 TOTAL ANNUAL HEALTH AND WELLNESS INCENTIVE TO ALL ACTIVE/REGULAR STATUS EMPLOYEES WORKING 20 HOURS OR MORE PER WEEK.
- PART I, LINE 4A
- FEDERICO GONZALEZ, CHIEF ACADEMIC AND TALENT SYSTEMS OFFICER, RECEIVED $130,937 SEVERANCE PAYMENT IN CALENDAR YEAR 2022.
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
-
$6,807,527
SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, POSTSECONDARY MATCH, CAREER INTEGRATION, POSTSECONDARY COUNSELING COLLABORATIVE, MARKETING
-
KIPP SOUTHERN CALIFORNIA PUBLIC SCHOOLS
$4,732,757
COVID-19 ASSISTANCE, SCHOOL START-UP, MARKETING, PRINCIPAL PIPELINE & DEVELOPMENT,
-
$4,579,171
SCHOOL START-UP, COVID-19 ASSISTANCE, REGIONAL INTEGRATION SUPPORT, POSTSECONDARY MATCH, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING
-
$3,191,970
SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE MATCH, GPA ACADEMIC HEALTH, K-12 ACADEMICS-COMPUTER SCIENCE, DATA INFRASTRUCTURE, K-12 ACADEMICS- EARLY LITERACY
-
COVID-19 ASSISTANCE, POSTSECONDARY, K-12 ACADEMICS-EARLY LITERACY
-
SCHOOL START-UP, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, PRINCIPAL PIPELINE & DEVELOPMENT
-
$2,095,271
SCHOOL START-UP, COVID-19 ASSISTANCE, MARKETING, SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT
-
KIPP NORTHERN CALIFORNIA PUBLIC SCHOOLS
$1,759,229
SCHOOL START-UP, PRINCIPAL PIPELINE & DEVELOPMENT, COVID-19 ASSISTANCE, MARKETING, K-12 ACADEMICS-COMPUTER SCIENCE, K-12 ACADEMICS-EARLY LITERACY
-
$1,660,700
COVID-19 ASSISTANCE, GPA ACADEMIC HEALTH, CAREER INTEGRATION, K-12 ACADEMICS-COMPUTER SCIENCE, MARKETING, SCHOOL START-UP
-
SCHOOL START-UP, ,PRINCIPAL PIPELINE & DEVELOPMENT, COVID-19 ASSISTANCE, COLLEGE PERSISTENCE, GPA ACADEMIC HEALTH, MARKETING, K-12 ACADEMICS-EARLY LITERACY, DATA INFRASTRUCTURE
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410879349301346
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.