Kipp Inc DBA Knowledge Is Power Program Inc
990 • Fiscal year 2011 • EIN 13-3875888
Scores are not available for this record yet.
Assets
Flat$162,995,329
Flat from 2011
Net Assets
Flat$18,422,834
Flat from 2011
Liabilities
Flat$144,572,495
Flat from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$75,494,919
Flat from 2011
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jul 1, 2010 to Jun 30, 2011
- Signed
- May 15, 2012
- Return Version
- 2010v3.2
- Gross Receipts
- $78,802,179
Mission
KIPP, the Knowledge Is Power Program, is committed to developing in underserved students the academic skills, intellectual habits, and qualities of character necessary to succeed at all levels of pre-kindergarten through 12th grade, college, and the competitive world beyond.
Filer
- EIN
- 13-3875888
Raw XML AppendixShowing 400 of 820 raw XML fields
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| IRS990/Description | 0 | KIPP Houston Schools include primary schools, middle schools, high schools, and the KIPP Through College alumni program and focus on academic and character development for underserved students in the Houston area. All KIPP schools follow an extended school day and year model. The school day begins at 7:30 a.m. and ends at 5:00 p.m. and an extra month of learning in the summer. All KIPP students, parents, and teachers sign a Commitment to Excellence pledge in which they commit to do whatever it takes for themselves and their teammates to learn and prepare for college. In Houston, approximately 6,500 students were enrolled in grades pre-kindergarten through 12th grade for the 2010-2011 school year. 62% of those students are Hispanic, 33% are African-American, 1% are Caucasian, 1% are Asian, and 3% are identified as Other. 92% of these students are eligible for the federal free and reduced meals program. KIPP Houston's early childhood and elementary schools nurture and guide the children's innate sense of curiosity to learn about their world, community, and themselves. KIPP Houston's middle schools focus on remediation in the early grades and advanced critical thinking skills in the later grades with outstanding results. KIPP Houston's high schools have a unique and rigorous academic structure that has been modeled after the best high schools in the U.S. In order to receive a diploma, seniors must gain acceptance to a four-year college or university. In December 2009, KIPP Houston High School was ranked #16 on the US News and World Report "Best High Schools" list. KIPP Houston's KIPP Through College alumni program foster a climate of individual growth through support counseling, academic support services, high school and college placement guidance, summer internships, and career resources and placement services. The ultimate measurement of KIPP's success is graduation from college. 107 KIPP Houston alumni have graduated from college. 98% of the class of 2011, tracking from 8th grade, are enrolled in a four-year university. 90% of KIPP Houston alumni from the classes of 2002-2011, tracking from 8th grade, matriculated to a higher education institution. |
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| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | KIPP, the Knowledge Is Power Program, is committed to developing in underserved students the academic skills, intellectual habits, and qualities of character necessary to succeed at all levels of pre-kindergarten through 12th grade, college, and the competitive world beyond. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/MortNotesPyblSecuredInvestProp/BOY | 0 | 6173 |
| IRS990/NameOfForeignCountry | 0 | CJ |
| IRS990/NameOfPrincipalOfficerPerson | 0 | Mike Feinberg |
| IRS990/NbrIndependentVotingMembers | 0 | 11 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 12 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 12 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 15774847 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 18422834 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount | 0 | 64931 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | 64931 |
| IRS990/NetIncomeFromGaming/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeOrLoss/TotalRevenueColumn | 0 | 0 |
| IRS990/NetRentalIncomeOrLoss/ExclusionAmount | 0 | 445066 |
| IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn | 0 | 445066 |
| IRS990/NoncashContributions | 0 | 90635 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NonDeductibleDisclosure | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 150 |
| IRS990/NumberIndependentVotingMembers | 0 | 11 |
| IRS990/NumberIndividualsGT100K | 0 | 10 |
| IRS990/NumberOf8282Filed | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 18 |
| IRS990/NumberOfEmployees | 0 | 987 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/Fundraising | 0 | 190 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 109775 |
| IRS990/Occupancy/ProgramServices | 0 | 2910142 |
| IRS990/Occupancy/Total | 0 | 3020107 |
| IRS990/OfficeExpenses/Fundraising | 0 | 65953 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 532686 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 5190284 |
| IRS990/OfficeExpenses/Total | 0 | 5788923 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/OnBehalfOfIssuer | 0 | false |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 3168489 |
| IRS990/OtherAssetsTotal/EOY | 0 | 3322465 |
| IRS990/OtherEmployeeBenefits/Fundraising | 0 | 16164 |
| IRS990/OtherEmployeeBenefits/ManagementAndGeneral | 0 | 298104 |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 2674828 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 2989096 |
| IRS990/OtherExpensePriorYear | 0 | 26513678 |
| IRS990/OtherExpensesCurrentYear | 0 | 33720495 |
| IRS990/OtherExpenses/Description | 0 | Student materials & activities |
| IRS990/OtherExpenses/Description | 1 | Other operating costs |
| IRS990/OtherExpenses/Description | 2 | Food |
| IRS990/OtherExpenses/Fundraising | 0 | 19053 |
| IRS990/OtherExpenses/Fundraising | 1 | 365761 |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 15351 |
| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 275205 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $162,995,329
- Liabilities
- $144,572,495
- Net assets
- $18,422,834
- Revenue
- -
- Expenses
- $75,494,919
- Net income
- -