Civic Intelligence

Kipp La Schools

EIN 26-1607268 • 501(c)3 • Los Angeles, CA

Profile

Teach the academic skills, foster the intellectual habits, and cultivate the character traits needed for our students to thrive in high school, college, and life. Through the success of our students, the kipp la team and family will serve as a model of excellence and collaborate with others to raise the quality of education in los angeles.

1933 S Broadway St Suite 1144 11Los Angeles, CA 90007

www.kippla.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.68x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

1.32x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

28th percentile

-0.9%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

15th percentile

$356,029

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

26th percentile

1.0%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

3.3%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$431,410,477

Up $278,037,097 (+181%) from 2022

Liabilities

Up

$291,375,688

Up $264,575,849 (+987%) from 2022

Net Assets

Up

$140,034,789

Up $13,461,248 (+11%) from 2022

Revenue

Up

$220,583,100

Up $27,942,161 (+15%) from 2022

Expenses

Up

$222,583,340

Up $49,902,633 (+29%) from 2022

Net Income

Down

-$2,000,240

Down $21,960,472 (-110%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600M$400M$200M$0Assets 2013: $16,169,287Liabilities 2013: $3,968,262Net Assets 2013: $12,201,0252013Assets 2014: $31,660,475Liabilities 2014: $3,492,830Net Assets 2014: $28,167,6452014Assets 2015: $45,381,447Liabilities 2015: $3,881,278Net Assets 2015: $41,500,1692015Assets 2016: $60,068,267Liabilities 2016: $3,995,287Net Assets 2016: $56,072,9802016Assets 2017: $72,695,659Liabilities 2017: $4,503,315Net Assets 2017: $68,192,3442017Assets 2018: $89,317,669Liabilities 2018: $5,572,750Net Assets 2018: $83,744,9192018Assets 2020: $110,207,863Liabilities 2020: $15,442,356Net Assets 2020: $94,765,5072020Assets 2021: $124,148,972Liabilities 2021: $20,539,187Net Assets 2021: $103,609,7852021Assets 2022: $153,373,380Liabilities 2022: $26,799,839Net Assets 2022: $126,573,5412022Assets 2024: $431,410,477Liabilities 2024: $291,375,688Net Assets 2024: $140,034,7892024

Highlighted filing

2024

Assets$431,410,477
Liabilities$291,375,688
Net Assets$140,034,789

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0-$100MExpenses 2013: $24,033,1772013Revenue 2014: $49,304,617Expenses 2014: $33,384,981Net Income 2014: $15,919,6362014Revenue 2015: $58,120,804Expenses 2015: $44,797,101Net Income 2015: $13,323,7032015Revenue 2016: $73,480,479Expenses 2016: $58,878,455Net Income 2016: $14,602,0242016Revenue 2017: $85,951,446Expenses 2017: $74,049,040Net Income 2017: $11,902,4062017Revenue 2018: $102,109,881Expenses 2018: $86,743,540Net Income 2018: $15,366,3412018Revenue 2020: $123,578,222Expenses 2020: $119,212,219Net Income 2020: $4,366,0032020Revenue 2021: $140,910,132Expenses 2021: $132,245,208Net Income 2021: $8,664,9242021Revenue 2022: $192,640,939Expenses 2022: $172,680,707Net Income 2022: $19,960,2322022Revenue 2024: $220,583,100Expenses 2024: $222,583,340Net Income 2024: -$2,000,2402024

Highlighted filing

2024

Revenue$220,583,100
Expenses$222,583,340
Net Income-$2,000,240

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$382,667,160
Mission and Program Overview

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 create a more just world.

Together with families and communities, we create joyful, academically excellent schools that prepare students with the skills and confidence they need to pursue the paths they choose college, career, and beyond so they can lead fulfilling lives and build a more just world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$91,517,268$100,787,248▲ $9,269,980
Accounts Receivable$54,463,233$52,216,843▼ $2,246,390
Investments in Publicly Traded Securities$31,261,253$21,692,054▼ $9,569,199
Other Notes and Loans Receivable, Net$5,400,000$0▼ $5,400,000
Land, Buildings, and Equipment, Net$3,874,659$4,305,497▲ $430,838
Prepaid Expenses and Deferred Charges$674,413$815,835▲ $141,422
Cash and Non-Interest-Bearing Accounts$441,953$66,370▼ $375,583
Total Assets$427,150,942$431,410,477▲ $4,259,535
Other Assets Total$239,518,163$251,526,630▲ $12,008,467
Liabilities
Other Liabilities$239,764,676$248,345,848▲ $8,581,172
Deferred Revenue$32,225,868$28,996,910▼ $3,228,958
Accounts Payable and Accrued Expenses$14,484,516$14,032,930▼ $451,586
Total Liabilities$286,475,060$291,375,688▲ $4,900,628
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$137,803,679$137,097,109▼ $706,570
Net Assets With Donor Restrictions$2,872,203$2,937,680▲ $65,477
Total Net Assets Fund Balance$140,675,882$140,034,789▼ $641,093
Total Liabilities and Net Assets / Fund Balance$427,150,942$431,410,477▲ $4,259,535

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,219,514$4,635,126$5,854,640
Leasehold Improvements$1,430,590$2,448,009$3,878,599
Other Land Buildings$881,638-$881,638
Buildings$773,755$85,973$859,728
Other Assets Org$243,876,534--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angella MartinezCEOFT$340,303$15,726$356,029
Kyle SalyerCFOFT$297,440$25,343$322,783
Erik HagstormDirector of Real EstateFT$246,617$12,327$258,944
Joanna Christine BelcherChief Ext Impact OfficerFT$250,898-$250,898
Amber MedinaChief of SchoolsFT$222,013$25,506$247,519
Michelle Rojas-sotoTalent and Eqty OfficerFT$229,361$12,721$242,082
Kevika AmarChief Academic OfficerFT$216,737$14,595$231,332

Board Members and Trustees

NameTitle
Luis RodriguezChair
Heather LordVice Chair
Carlos BermudezDirector
Ej KavounasDirector
Jon BergDirector
Julie MillerDirector
Mel CarlisleDirector
Naeem AratsuDirector
Nancy MaldonadoDirector
Norma ParrazDirector
Philip FederDirector
Randy BishopSecretary/member

Highest Paid Contractors

ContractorServicesLocationCompensation
Dedicated Building Services LLCJanitorial Services4419 VAN NUYS BLVD STE 209, Sherman Oaks, CA 91403$4,426,406
Childcare Careers LLCSubstitute Teaching Services2000 SIERRA POINT PKWY SUITE 702, Brisbane, CA 94005$771,876
Kitamba Mgt LLCExecutive Consulting4320 W KENNEDY BLVD STE 200, Tampa, FL 33609$401,259
Legends Sports LLCEvents/catering3939 S FIGUEROA ST, Los Angeles, CA 90037$317,092
Speechful Therapy Services INCSpecial Education Services2700 N BELLFLOWER BLVD SUITE 112, Long Beach, CA 90815$292,510
Revenue and Support

Revenue Composition

Contributions and Grants
$216,007,240
Program Service Revenue
$0
Investment Income
$4,048,261
Other Revenue
$527,599
All Other Contributions
$6,801,697
Change in Net Assets
$-2,000,240

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Miscellaneous4$81,559Fair Market Value (FMV)
Total Noncash Contributions4$81,559-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$120,410,735
Other Expenses$102,172,605
Total Fundraising Expense$1,456,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,834,085$13,190,368$802,989$96,827,442
Occupancy$33,122,039$1,782,040$13,650$34,917,729
Fees for Services Other$22,385,262$2,685,773-$25,071,035
Other Employee Benefits$9,308,917$2,719,679$202,176$12,230,772
Payroll Taxes$6,133,766$1,072,474$68,469$7,274,709
Other Expenses$2,988,572$947,122$91,913$4,027,607
Pension Plan Contributions$2,815,379$491,114$30,735$3,337,228
Advertising$1,955,742$701,035$201,793$2,858,570
Information Technology$2,242,573$382,463$24,165$2,649,201
Office Expenses$1,919,515$486,843-$2,406,358
Depreciation Depletion$1,361,781$81,280$1,089$1,444,150
Conferences and Meetings$1,335,109--$1,335,109
Fees for Services Management-$1,322,340-$1,322,340
Travel$950,082--$950,082
Insurance$682,671$85,875$4,607$773,153
Current Officers, Directors, Trustees, and Key Employees$629,497$96,276$14,811$740,584
Fees for Services Legal-$321,250-$321,250
Fees for Services Accounting-$122,029-$122,029
Interest$78,310--$78,310
Total Functional Expenses$189,238,982$31,887,961$1,456,397$222,583,340
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$312,049
Fundraising Direct Expenses$150,070
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Giving Tuesday$187,167$187,167$600$186,567
Moka$124,882$124,882$149,470$-24,588
Total Events$312,049$312,049$150,070$161,979
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating$246,112,352
Lease Liability -financing$2,233,496
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form is prepared by our independent auditor based on information provided by kipp socal public schools. Following an iterative review by kipp socal public schools' senior professionals and our independent auditors, the tax return is provided to the full board of directors prior to submission.

Form 990, Part VI, Section B, Line 12C

Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and chief executive officer. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.

Form 990, Part VI, Section B, Line 15

The board of directors approves the compensation of the chief executive officer and chief financial officer. The process includes review of comparability data, review and approval by the governance committee and contemporaneous substantiation of the deliberation and decision. The process described here was last completed in 2024.

Form 990, Part VI, Section C, Line 19

All financial information is available on kipp socal's website; additional documentation is available upon request.

Filing and Contact Details

Filer

Filer Name
Kipp Socal Public Schools
EIN
26-1607268
Phone
2134894461
Address
1933 S BROADWAY ST SUITE 1144 11, LOS ANGELES, CA 90007

Signing Officer

Name
Kyle Salyer
Title
Chief Financial Officer/treasurer
Phone
2134894461
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kyle Salyer
Formed
2008
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
1,925
Volunteers
533

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Mei-li Huang
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Substitute teaching service: program service expenses 7,299,372. Management and general expenses 875,779. Fundraising expenses 0. Total expenses 8,175,151. Sped student services: program service expenses 5,557,206. Management and general expenses 666,754. Fundraising expenses 0. Total expenses 6,223,960. Other fees for services: program service expenses 9,528,684. Management and general expenses 1,143,240. Fundraising expenses 0. Total expenses 10,671,924.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Kipp socal is a nonprofit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Kipp socal has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. Kipp socal is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. Kipp socal files an exempt return and applicable unrelated business income tax return in the u.s. Federal jurisdiction and with the california franchise tax board.

Raw XML AppendixShowing 400 of 810 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE THEY NEED TO PURSUE THE PATHS THEY CHOOSE COLLEGE, CAREER, AND BEYOND SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD.
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IRS990/Form990PartVIISectionAGrp/PersonNm3JOANNA CHRISTINE BELCHER
IRS990/Form990PartVIISectionAGrp/PersonNm4AMBER MEDINA
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHELLE ROJAS-SOTO
IRS990/Form990PartVIISectionAGrp/PersonNm6KEVIKA AMAR
IRS990/Form990PartVIISectionAGrp/PersonNm7LUIS RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm8HEATHER LORD
IRS990/Form990PartVIISectionAGrp/PersonNm9RANDY BISHOP
IRS990/Form990PartVIISectionAGrp/PersonNm10JON BERG
IRS990/Form990PartVIISectionAGrp/PersonNm11JULIE MILLER
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IRS990/Form990PartVIISectionAGrp/PersonNm13MEL CARLISLE
IRS990/Form990PartVIISectionAGrp/PersonNm14NANCY MALDONADO
IRS990/Form990PartVIISectionAGrp/PersonNm15NAEEM ARATSU
IRS990/Form990PartVIISectionAGrp/PersonNm16PHILIP FEDER
IRS990/Form990PartVIISectionAGrp/PersonNm17EJ KAVOUNAS
IRS990/Form990PartVIISectionAGrp/PersonNm18CARLOS BERMUDEZ
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF REAL ESTATE
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF EXT IMPACT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF OF SCHOOLS
IRS990/Form990PartVIISectionAGrp/TitleTxt5TALENT AND EQTY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF ACADEMIC OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MissionDesc0TOGETHER 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 CREATE A MORE JUST WORLD.
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IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
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IRS990/OtherExpensesGrp/TotalAmt18371148
IRS990/OtherExpensesGrp/TotalAmt25400000
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IRS990/OtherRevenueMiscGrp/Desc2UNIFORMS
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IRS990/PayrollTaxesGrp/ProgramServicesAmt06133766

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