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← KIPP DC PUBLIC CHARTER SCHOOLS

Form 990 for tax year 2022

Filed by KIPP DC PUBLIC CHARTER SCHOOLS.

Totals

Total revenue
$212,579,002
Total expenses
$211,511,910
Contributions and grants received
$31,938,870
Grants paid
$325,646
Program service revenue
$174,333,832
Investment income
$3,934,362
Other revenue
$2,371,938
Total assets, end of year
$488,492,056
Total liabilities, end of year
$304,812,079
Net assets or fund balances, end of year
$183,679,977
Program services expenses (Part IX)
$185,879,753
Management and general expenses
$23,581,398
Fundraising expenses
$2,050,759
Program service expenses (Part III)
$185,879,753

Program services were 87.9% 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.

  • 1c · Fundraising events

    $264,828

  • 1d · Related organizations

    $52,488

  • 1e · Government grants (contributions)

    $30,222,330

  • 1f · All other contributions, gifts and grants

    $1,399,224

  • 1g · Noncash contributions included above

    $7,000

  • 2a · Program service revenue: PUPIL ALLOCATION & FEE

    total $174,333,832 · related or exempt $174,333,832

  • 3 · Investment income

    total $4,086,457 · excluded $4,086,457

  • 6a · Gross rents

    real property $779,395

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $779,395

  • 6d · Net rental income or loss

    total $779,395 · excluded $779,395

  • 7a · Gross sales of assets other than inventory

    securities $40,252,834

  • 7b · Less cost or other basis and sales expenses

    securities $40,404,929

  • 7c · Gain or loss

    securities -$152,095

  • 7d · Net gain or loss

    total -$152,095 · excluded -$152,095

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $264,828

  • 8b · Fundraising events: direct expenses

    $108,995

  • 8c · Net income from fundraising events

    total -$108,995 · excluded -$108,995

  • 11a · Other revenue: BAD DEBT RECOVERY

    total $723,147 · excluded $723,147

  • 11b · Other revenue: CTR PLACEMENT FEES

    total $260,754 · excluded $260,754

  • 11c · Other revenue: STUDENT UNIFORMS

    total $190,392 · related or exempt $190,392

  • 11d · All other revenue

    total $527,245 · related or exempt $148,279 · excluded $378,966

  • 11e · Other revenue, total

    $1,701,538

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $325,646 · program services $325,646

  • 5 · Compensation of officers, directors and key employees

    total $1,272,600 · program services $761,166 · management and general $511,434

  • 7 · Other salaries and wages

    total $111,983,275 · program services $101,076,746 · management and general $9,414,354 · fundraising $1,492,175

  • 8 · Pension plan contributions

    total $6,163,735 · program services $5,170,187 · management and general $950,838 · fundraising $42,710

  • 9 · Other employee benefits

    total $7,257,984 · program services $6,072,351 · management and general $1,135,790 · fundraising $49,843

  • 10 · Payroll taxes

    total $8,705,928 · program services $7,282,989 · management and general $1,363,353 · fundraising $59,586

  • 11b · Fees: legal

    total $321,897 · program services $150,216 · management and general $168,563 · fundraising $3,118

  • 11c · Fees: accounting

    total $668,047 · program services $311,750 · management and general $349,827 · fundraising $6,470

  • 11f · Fees: investment management

    total $128,905 · management and general $128,905

  • 11g · Fees: other

    total $14,702,169 · program services $13,722,630 · management and general $970,606 · fundraising $8,933

  • 13 · Office expenses

    total $4,879,626 · program services $4,060,572 · management and general $814,948 · fundraising $4,106

  • 14 · Information technology

    total $1,674,814 · program services $781,567 · management and general $877,026 · fundraising $16,221

  • 16 · Occupancy

    total $6,393,370 · program services $6,309,702 · management and general $83,668

  • 17 · Travel

    total $95,132 · program services $25,943 · management and general $69,021 · fundraising $168

  • 19 · Conferences, conventions and meetings

    total $3,764,574 · program services $906,431 · management and general $2,689,666 · fundraising $168,477

  • 20 · Interest

    total $8,326,606 · program services $8,166,819 · management and general $159,787

  • 22 · Depreciation, depletion and amortization

    total $13,457,272 · program services $13,457,272

  • 23 · Insurance

    total $1,378,906 · program services $3,242 · management and general $1,375,664

  • 24a · Other expenses: DIRECT STUDENT EXPENSE

    total $9,850,778 · program services $9,850,778

  • 24b · Other expenses: FOOD SERVICE

    total $6,945,469 · program services $6,945,469

  • 24c · Other expenses: CHARTER BOARD ADMIN FEE

    total $1,853,877 · management and general $1,853,877

  • 24d · Other expenses: CANCELLATION OF LEASE

    total $20,724 · management and general $20,724

  • 24e · All other expenses

    total $1,340,576 · program services $498,277 · management and general $643,347 · fundraising $198,952

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $738,074 · end of year $331,400

  • 2 · Savings and temporary cash investments

    beginning of year $49,166,875 · end of year $54,182,622

  • 3 · Pledges and grants receivable

    beginning of year $29,921,748 · end of year $17,975,564

  • 4 · Accounts receivable

    beginning of year $2,471,286 · end of year $3,289,402

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,892,682 · end of year $2,822,037

  • 10a · Land, buildings and equipment: cost or other basis

    $373,294,516

  • 10b · Land, buildings and equipment: accumulated depreciation

    $79,154,749

  • 10c · Land, buildings and equipment, net

    beginning of year $290,334,852 · end of year $294,139,767

  • 11 · Investments: publicly traded securities

    beginning of year $62,176,049 · end of year $75,117,378

  • 15 · Other assets

    beginning of year $42,743,166 · end of year $40,633,886

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,150,289 · end of year $16,462,139

  • 19 · Deferred revenue

    beginning of year $394,948 · end of year $619,314

  • 20 · Tax-exempt bond liabilities

    beginning of year $237,446,823 · end of year $242,680,414

  • 23 · Secured mortgages and notes payable

    beginning of year $10,140,812 · end of year $10,205,945

  • 25 · Other liabilities

    beginning of year $37,537,039 · end of year $34,844,267

  • 27 · Net assets without donor restrictions

    beginning of year $176,801,490 · end of year $182,307,167

  • 28 · Net assets with donor restrictions

    beginning of year $5,973,331 · end of year $1,372,810

Mission and programs · 2022

Mission

KIPP DC IS A NETWORK OF HIGH-PERFORMING PUBLIC SCHOOLS IN WASHINGTON, D.C. THAT EDUCATES NEARLY 7,500 STUDENTS. KIPP DC SCHOOLS EDUCATE AND SUPPORT STUDENTS IN THE DISTRICT OF COLUMBIA WHO HAVE HISTORICALLY HAD LIMITED ACCESS TO QUALITY EDUCATIONAL OPTIONS. (CONT'D ON SCH O) WE ARE GROUNDED IN A COMMITMENT TO EXCELLENCE, EQUITY, AND JUSTICE. WE BELIEVE ALL STUDENTS HAVE THE RIGHT TO RIGOROUS, RELEVANT, AND JOYFUL LEARNING EXPERIENCES LED BY EXCEPTIONALLY TALENTED AND DIVERSE EDUCATORS AND SUPPORT STAFF WHO PROMOTE STUDENT ACHIEVEMENT AND A SENSE OF BELONGING.

Activities or mission (Part I)

TOGETHER WITH FAMILIES AND COMMUNITIES, KIPP DC SCHOOLS CREATE JOYFUL, (CONT'D ON SCH O) 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.

  • KIPP DC IS CONSISTENTLY AMONG THE HIGHEST-PERFORMING PREK-12 PUBLIC SCHOOL SYSTEMS IN THE DISTRICT OF COLUMBIA. IN ADDITION TO OPERATING HIGH-PERFORMING SCHOOLS, KIPP DC IS SUPPORTED BY TWO CRITICAL PROGRAMS CENTRAL TO THE GOAL OF SUPPORTING STUDENTS AND ALUMNI PURSUE THE PATHS THEY CHOOSE: KIPP FORWARD AND THE CAPITAL TEACHING RESIDENCY. KIPP FORWARD SUPPORTS ALUMNI ON THE JOURNEY TO AND THROUGH COLLEGE, CAREERS, AND BEYOND, HELPING THEM NAVIGATE APPLICATION AND ENROLLMENT PROCESSES, ACCESS SCHOLARSHIPS AND FINANCIAL AID, CONNECT WITH COUNSELORS AND ADVISORS TO SUPPORT THEM ON THEIR PATHWAY, AND DEVELOP THE CONFIDENCE AND SELF-ADVOCACY THEY NEED TO SUCCEED IN LIFE. THE CAPITAL TEACHING RESIDENCY IS AN AWARD-WINNING TEACHER TRAINING PROGRAM DESIGNED TO INCREASE THE PIPELINE OF HIGHLY-EFFECTIVE EDUCATORS IN THE DISTRICT OF COLUMBIA.

    Expenses $185,879,753 · Grants $325,646 · Revenue $174,672,503

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SUSAN SCHAEFFLER

    MEMBER/CEO

    Total calculated
    $391,009
    From this org
    $359,644
    From related orgs
    $0
    Other
    $31,365
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $319,644
    Bonus
    $40,000
    Other
    $0
    Deferred
    $23,745
    Nontaxable benefits
    $7,620
    Filer's total
    $391,009

  • ANTONIA OVIEDO

    MEMBER/TEACHER

    Total calculated
    $90,281
    From this org
    $77,927
    From related orgs
    $0
    Other
    $12,354
    Hours/week
    50

  • TONY LEWIS

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3

  • BARRY CALDWELL

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JOHN DUFF

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • DAVID BRADLEY

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CAROL LUDWIG

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAMELA YEE

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARTIN RODGERS

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHANIOLA AROWOLAJU

    MEMBER/PARENT

    Total calculated
    $0
    Hours/week
    1

  • CRYSTAL LOCKERMAN

    MEMBER/PARENT UNTIL 7/2022

    Total calculated
    $0
    Hours/week
    1

  • JUDSON STARR

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • REGINALD WORKMAN

    MEMBER/PARENT

    Total calculated
    $0
    Hours/week
    1

  • RASHAD YOUNG

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL PICKRUM

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHANNON HODGE

    PRESIDENT (EFF 8/2022)

    Total calculated
    $84,004
    From this org
    $78,250
    From related orgs
    $0
    Other
    $5,754
    Hours/week
    50 + 0.5 related

  • DANE ANDERSON

    COO (THRU 01/2023)

    Total calculated
    $273,675
    From this org
    $258,154
    From related orgs
    $0
    Other
    $15,521
    Hours/week
    50 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $258,154
    Bonus
    $0
    Other
    $0
    Deferred
    $15,521
    Nontaxable benefits
    $522
    Filer's total
    $274,197

  • KATIE COLE

    SECRETARY/GENERAL COUNSEL

    Total calculated
    $225,556
    From this org
    $212,788
    From related orgs
    $0
    Other
    $12,768
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $212,788
    Bonus
    $0
    Other
    $0
    Deferred
    $12,768
    Nontaxable benefits
    $0
    Filer's total
    $225,556

  • JUSTIN ELLIS

    CFO (EFF. 01/2023)

    Total calculated
    $217,437
    From this org
    $197,682
    From related orgs
    $0
    Other
    $19,755
    Hours/week
    50 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $197,682
    Bonus
    $0
    Other
    $0
    Deferred
    $11,920
    Nontaxable benefits
    $7,835
    Filer's total
    $217,437

  • SUSAN TOTH

    CHIEF ACADEMIC OFFICER

    Total calculated
    $263,621
    From this org
    $242,907
    From related orgs
    $0
    Other
    $20,714
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $240,907
    Bonus
    $2,000
    Other
    $0
    Deferred
    $13,094
    Nontaxable benefits
    $7,620
    Filer's total
    $263,621

  • SAUMIL SHAH

    CHIEF INFRMTN & OPERATIONS OFFICER

    Total calculated
    $251,177
    From this org
    $229,743
    From related orgs
    $0
    Other
    $21,434
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $229,743
    Bonus
    $0
    Other
    $0
    Deferred
    $13,842
    Nontaxable benefits
    $7,592
    Filer's total
    $251,177

  • JACQUE PATTERSON

    CHIEF COMMUNITY ENGGMNT & GROWTH

    Total calculated
    $231,433
    From this org
    $216,677
    From related orgs
    $0
    Other
    $14,756
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $216,677
    Bonus
    $0
    Other
    $0
    Deferred
    $13,164
    Nontaxable benefits
    $2,793
    Filer's total
    $232,634

  • MICHAEL CORDELL

    PRINCIPAL

    Total calculated
    $239,964
    From this org
    $199,753
    From related orgs
    $0
    Other
    $40,211
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $198,753
    Bonus
    $1,000
    Other
    $0
    Deferred
    $12,925
    Nontaxable benefits
    $27,286
    Filer's total
    $239,964

  • TOM CLARK

    CHIEF STRATEGY/ADVANCEMENT OFFICER

    Total calculated
    $232,458
    From this org
    $209,639
    From related orgs
    $0
    Other
    $22,819
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $209,639
    Bonus
    $0
    Other
    $0
    Deferred
    $12,590
    Nontaxable benefits
    $10,229
    Filer's total
    $232,458

  • ALLISON FANSLER

    FMR PRESIDENT (THRU 6/2022)

    Total calculated
    $223,234
    From this org
    $207,820
    From related orgs
    $0
    Other
    $15,414
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $132,820
    Bonus
    $75,000
    Other
    $0
    Deferred
    $8,237
    Nontaxable benefits
    $7,406
    Filer's total
    $223,463

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE BOARD CHAIR LEADS THE PROCESS FOR RECOMMENDING THE COMPENSATION LEVEL FOR THE CEO AND THE FULL BOARD OF DIRECTORS APPROVES THE FINAL CEO COMPENSATION LEVEL. THE CHAIR CONSIDERS THE FOLLOWING FACTORS IN DEVELOPING THE RECOMMENDED CEO COMPENSATION: COMPARABLE DATA INCLUDING DATA FROM OTHER KIPP REGIONS AND AN ANALYSIS BY A NATIONAL CHARTER SCHOOL FUNDER ON CEO COMPENSATION RELATIVE TO GEOGRAPHY AS WELL AS NUMBER OF SCHOOLS; THE CHANGE IN SCALE AND SCOPE OF THE ORGANIZATION; THE ORGANIZATION'S PERFORMANCE AS WELL AS STUDENT PERFORMANCE; THE CEO'S PRIOR COMPENSATION; AND THE FINANCIAL ABILITY OF THE ORGANIZATION TO PAY THE RECOMMENDED COMPENSATION.
PART I, LINE 7
THE SCHOOL LEADER WAS PAID A GRATITUDE BONUS DURING THE TAX YEAR.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
29 April 2024
IRS schema version
2022v5.0
Source object
202431229349302453

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