Totals
- Total revenue
- $58,858,783
- Total expenses
- $47,321,760
- Contributions and grants received
- $58,179,940
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $478,497
- Other revenue
- $200,346
- Total assets, end of year
- $60,647,479
- Total liabilities, end of year
- $20,351,394
- Net assets or fund balances, end of year
- $40,296,085
- Program services expenses (Part IX)
- $39,315,476
- Management and general expenses
- $7,597,587
- Fundraising expenses
- $408,697
- Program service expenses (Part III)
- $39,315,476
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.
-
1c · Fundraising events
$196,237
-
1d · Related organizations
$247,160
-
1e · Government grants (contributions)
$56,018,611
-
1f · All other contributions, gifts and grants
$1,717,932
-
1g · Noncash contributions included above
$120,725
-
3 · Investment income
total $478,497 · excluded $478,497
-
8a · Fundraising events: gross income
$11,200
-
8a · Fundraising events: contributions included on line 1c
$196,237
-
8b · Fundraising events: direct expenses
$53,052
-
8c · Net income from fundraising events
total -$41,852 · excluded -$41,852
-
11a · Other revenue: MISC. REVENUE
total $242,198 · related or exempt $242,198
-
11e · Other revenue, total
$242,198
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,050,243 · program services $599,198 · management and general $339,669 · fundraising $111,376
-
7 · Other salaries and wages
total $18,974,983 · program services $16,812,318 · management and general $2,096,915 · fundraising $65,750
-
8 · Pension plan contributions
total $2,171,420 · program services $1,962,719 · management and general $186,935 · fundraising $21,766
-
9 · Other employee benefits
total $2,654,383 · program services $2,346,949 · management and general $295,729 · fundraising $11,705
-
10 · Payroll taxes
total $2,224,422 · program services $2,032,607 · management and general $189,528 · fundraising $2,287
-
11a · Fees: management
total $149,354 · management and general $149,354
-
11b · Fees: legal
total $110,870 · management and general $110,870
-
11c · Fees: accounting
total $44,250 · management and general $44,250
-
11g · Fees: other
total $4,025,728 · program services $1,614,817 · management and general $2,258,334 · fundraising $152,577
-
16 · Occupancy
total $4,944,977 · program services $4,328,368 · management and general $616,609
-
20 · Interest
total $314,853 · program services $255,031 · management and general $53,525 · fundraising $6,297
-
22 · Depreciation, depletion and amortization
total $1,376,055 · program services $1,114,951 · management and general $233,929 · fundraising $27,175
-
24a · Other expenses: TRANSPORTATION
total $4,194,019 · program services $4,185,370 · management and general $8,649
-
24b · Other expenses: EDUCATIONAL SUPPLIES
total $2,387,174 · program services $1,973,375 · management and general $412,479 · fundraising $1,320
-
24c · Other expenses: FOOD SERVICES
total $1,770,759 · program services $1,770,759
-
24d · Other expenses: PROFESSIONAL DEVELOPMEN
total $737,939 · program services $138,819 · management and general $599,120
-
24e · All other expenses
total $190,331 · program services $180,195 · management and general $1,692 · fundraising $8,444
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $10,208,326 · end of year $11,637,611
-
2 · Savings and temporary cash investments
beginning of year $493,152 · end of year $3,282,289
-
3 · Pledges and grants receivable
beginning of year $189,209 · end of year $414,011
-
4 · Accounts receivable
beginning of year $7,095,398 · end of year $13,970,370
-
7 · Other notes and loans receivable
beginning of year $5,462,600 · end of year $5,462,600
-
8 · Inventories for sale or use
end of year $15,966
-
9 · Prepaid expenses and deferred charges
end of year $23,950
-
10a · Land, buildings and equipment: cost or other basis
$21,805,953
-
10b · Land, buildings and equipment: accumulated depreciation
$6,201,013
-
10c · Land, buildings and equipment, net
beginning of year $15,433,281 · end of year $15,604,940
-
11 · Investments: publicly traded securities
beginning of year $3,000,000 · end of year $1,989,682
-
15 · Other assets
beginning of year $7,921,070 · end of year $8,246,060
-
17 · Accounts payable and accrued expenses
beginning of year $1,718,882 · end of year $1,464,656
-
23 · Secured mortgages and notes payable
beginning of year $19,325,092 · end of year $18,885,238
-
25 · Other liabilities
beginning of year $0 · end of year $1,500
-
27 · Net assets without donor restrictions
beginning of year $26,723,638 · end of year $37,949,276
-
28 · Net assets with donor restrictions
beginning of year $2,035,424 · end of year $2,346,809
Mission and programs · 2022
Mission
KIPP IS A HIGH-PERFORMING, PUBLIC CHARTER SCHOOL SERVING STUDENTS IN GRADES K-12. KIPP'S MISSION IS TO INSPIRE ALL STUDENTS TO DEVELOP THE CHARACTER AND ACADEMIC SKILLS NECESSARY TO SUCCEED AT THE HIGH SCHOOL AND COLLEGE LEVEL.
-
KIPP'S PRIMARY PROGRAM SERVICE IS TO DEVELOP, IN ALL OF OUR STUDENTS, THE STRONG KNOWLEDGE, SKILLS, AND CHARACTER TRAITS NECESSARY TO SUCCEED IN HIGH QUALITY HIGH SCHOOLS, COLLEGES, UNIVERSITIES, AND THE COMPETITIVE GLOBAL WORLD BEYOND.
Expenses $39,315,476 · Revenue $242,198
As filed on the 2022 return.
Listed in Part VII
-
Jon KappsJON KAPPS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael DierbergMICHAEL DIERBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
June FowlerJUNE FOWLER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kerry CaseyKERRY CASEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Robert J WassermanROBERT J WASSERMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ericka McConduitERICKA MCCONDUIT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Pat SlyPAT SLY
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David LemkenmeierDAVID LEMKENMEIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lori SamuelsLORI SAMUELS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rick StevensRICK STEVENS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kristy WeiKRISTY WEI
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mary Clare MaradaMARY CLARE MARADA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kelly GarrettKELLY GARRETT
EXECUTIVE DIRECTOR
- Total calculated
- $361,929
- From this org
- $310,410
- From related orgs
- $0
- Other
- $51,519
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $207,000
- Bonus
- $103,410
- Other
- $0
- Deferred
- $29,835
- Nontaxable benefits
- $21,908
- Filer's total
- $362,153
-
Paul FedchakPAUL FEDCHAK
DIRECTOR OF FINANCE & OPER
- Total calculated
- $0
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $0 + $192,313 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $192,313 related
-
Davonna YoungDAVONNA YOUNG
VICE PRESIDENT OF HR & TAL
- Total calculated
- $171,087
- From this org
- $140,004
- From related orgs
- $0
- Other
- $31,083
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $119,146
- Bonus
- $20,858
- Other
- $0
- Deferred
- $17,535
- Nontaxable benefits
- $13,773
- Filer's total
- $171,312
-
Ashley OdhamASHLEY ODHAM
VICE PRESIDENT OF STAFF
- Total calculated
- $163,862
- From this org
- $120,062
- From related orgs
- $0
- Other
- $43,800
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $109,010
- Bonus
- $11,052
- Other
- $0
- Deferred
- $16,116
- Nontaxable benefits
- $27,908
- Filer's total
- $164,086
-
Elizabeth ValerioELIZABETH VALERIO
VICE PRESIDENT OF SCHOOLS
- Total calculated
- $158,385
- From this org
- $127,257
- From related orgs
- $0
- Other
- $31,128
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $102,212
- Bonus
- $25,045
- Other
- $0
- Deferred
- $15,164
- Nontaxable benefits
- $16,188
- Filer's total
- $158,609
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 committee
- 3 · Written employment contract
- 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
The filer's explanations (Part III)
- PART IV LINE 23
- KIPP ST. LOUIS PAID $192,313 MANAGEMENT FEES TO THE UNRELATED ORGANIZATION, TOLLGATE ENTERPRISES, LLC. TOLLGATE ENTERPRISES, LLC IS RESPONSIBLE FOR THE OPERATIONS AND FINANCIAL MANAGEMENT OF KIPP ST. LOUIS. TOLLGATE ENTERPRISES, LLC EMPLOYS PAUL FEDCHAK, WHOM IS LISTED ON SCHEDULE J, PART II.
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) · FOR THE BENEFIT OF KIPP ST. LOUIS · MO · controlled entity
Directly controlled by KIPP ST LOUIS
-
501(C)(3) · FOR THE BENEFIT OF KIPP ST. LOUIS · MO · controlled entity
Directly controlled by KIPP ST LOUIS
-
501(C)(3) · TO CREATE A RESPECTED, INFLUENTIAL, NATIONAL NETWORK OF PUBLIC SCHOOLS · CA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349307149
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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