Civic Intelligence

Klare Holdings

EIN 26-3878865 • 501(c)3 • Los Angeles, CA

Profile

To develop and maintain certain facilities for the benefit of kipp socal public schools.

1933 S Broadway Suite 1144Los Angeles, CA 90007

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.94x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

10.62x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

66th percentile

9.5%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

31st percentile

1.6%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Revenue Growth

60th percentile

9.9%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Assets

Down

$286,499,573

Down $4,527,404 (-1.6%) from 2023

Liabilities

Down

$267,987,576

Down $7,072,664 (-2.6%) from 2023

Net Assets

Up

$18,511,997

Up $2,545,260 (+16%) from 2023

Revenue

Up

$25,236,644

Up $3,442,234 (+16%) from 2023

Expenses

Up

$22,841,886

Up $2,009,911 (+9.6%) from 2023

Net Income

Up

$2,394,758

Up $1,432,323 (+149%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300M$200M$100M$0-$100MAssets 2012: $7,036,442Liabilities 2012: $7,691,808Net Assets 2012: -$655,3662012Assets 2013: $8,976,079Liabilities 2013: $10,021,153Net Assets 2013: -$1,045,0742013Assets 2014: $34,675,081Liabilities 2014: $37,127,784Net Assets 2014: -$2,452,7032014Assets 2015: $38,158,233Liabilities 2015: $42,105,961Net Assets 2015: -$3,947,7282015Assets 2016: $63,537,925Liabilities 2016: $67,719,353Net Assets 2016: -$4,181,4282016Assets 2017: $72,936,198Liabilities 2017: $75,597,353Net Assets 2017: -$2,661,1552017Assets 2018: $118,392,404Liabilities 2018: $119,594,251Net Assets 2018: -$1,201,8472018Assets 2019: $183,051,473Liabilities 2019: $182,391,106Net Assets 2019: $660,3672019Assets 2020: $211,471,720Liabilities 2020: $210,902,117Net Assets 2020: $569,6032020Assets 2021: $259,758,492Liabilities 2021: $255,962,436Net Assets 2021: $3,796,0562021Assets 2022: $277,764,082Liabilities 2022: $262,759,780Net Assets 2022: $15,004,3022022Assets 2023: $291,026,977Liabilities 2023: $275,060,240Net Assets 2023: $15,966,7372023Assets 2024: $286,499,573Liabilities 2024: $267,987,576Net Assets 2024: $18,511,9972024

Highlighted filing

2024

Assets$286,499,573
Liabilities$267,987,576
Net Assets$18,511,997

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2012: $1,155,5882012Expenses 2013: $1,268,2092013Revenue 2014: $1,229,477Expenses 2014: $2,637,106Net Income 2014: -$1,407,6292014Revenue 2015: $1,925,942Expenses 2015: $3,420,967Net Income 2015: -$1,495,0252015Revenue 2016: $4,892,898Expenses 2016: $5,126,598Net Income 2016: -$233,7002016Revenue 2017: $5,894,243Expenses 2017: $4,307,098Net Income 2017: $1,587,1452017Revenue 2018: $8,218,974Expenses 2018: $6,759,666Net Income 2018: $1,459,3082018Revenue 2019: $8,717,412Expenses 2019: $6,855,198Net Income 2019: $1,862,2142019Revenue 2020: $9,357,114Expenses 2020: $9,459,510Net Income 2020: -$102,3962020Revenue 2021: $15,264,279Expenses 2021: $12,021,600Net Income 2021: $3,242,6792021Revenue 2022: $20,876,670Expenses 2022: $15,696,634Net Income 2022: $5,180,0362022Revenue 2023: $21,794,410Expenses 2023: $20,831,975Net Income 2023: $962,4352023Revenue 2024: $25,236,644Expenses 2024: $22,841,886Net Income 2024: $2,394,7582024

Highlighted filing

2024

Revenue$25,236,644
Expenses$22,841,886
Net Income$2,394,758

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
$27,879,786
Mission and Program Overview

Mission

To develop and maintain certain facilities for the benefit of kipp socal public schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$224,992,249$243,864,943▲ $18,872,694
Savings and Temporary Cash Investments$31,098,527$10,575,620▼ $20,522,907
Cash and Non-Interest-Bearing Accounts$4,678,543$9,117,267▲ $4,438,724
Investments in Publicly Traded Securities$7,415,654$8,516,535▲ $1,100,881
Prepaid Expenses and Deferred Charges$8,294$252,273▲ $243,979
Accounts Receivable$4,750$4,753▲ $3
Total Assets$291,026,977$286,499,573▼ $4,527,404
Other Assets Total$22,828,960$14,168,182▼ $8,660,778
Liabilities
Tax Exempt Bond Liabilities$180,921,954$177,505,508▼ $3,416,446
Other Liabilities$56,374,419$39,472,553▼ $16,901,866
Mortgage Notes Payable Secured by Investment Property$29,033,415$33,519,942▲ $4,486,527
Accounts Payable and Accrued Expenses$4,851,131$8,747,239▲ $3,896,108
Deferred Revenue$3,879,321$8,742,334▲ $4,863,013
Total Liabilities$275,060,240$267,987,576▼ $7,072,664
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,966,737$18,511,997▲ $2,545,260
Total Net Assets Fund Balance$15,966,737$18,511,997▲ $2,545,260
Total Liabilities and Net Assets / Fund Balance$291,026,977$286,499,573▼ $4,527,404

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$140,062,376$24,831,016$164,893,392
Land$59,544,289-$59,544,289
Other Land Buildings$32,785,392-$32,785,392
Leasehold Improvements$10,959,785$8,904,510$19,864,295
Equipment$513,101$2,027,321$2,540,422
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nolan HighbaughPresident
Kyle SalyerChief Financial Officer
Jeff StrnadSecretary
Jason WilliamsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Atlanthub LPBldg Maint, Taxes And Insurance3860 CRENSHAW BLVD STE 201, Los Angeles, CA 90008$378,000
M And C Ortega Living TrustBuilding Services2301 VALLEY BLVD, Pomona, CA 91768$337,285
Armbruster Goldsmith & Delvac LLPLegal Services12100 WILSHIRE BLVD SUITE 1600, Los Angeles, CA 90025$118,488
Musick Peeler & Garrett LLPLegal Services333 S HOPE ST STE 2900, Los Angeles, CA 90071-1406$115,676
Hardened Infrastructure LLCConstruction Services10604 TRADEMARK PKWY N STE 300, Rancho Cucamonga, CA 91730$114,950
Revenue and Support

Revenue Composition

Contributions and Grants
$5,480,000
Program Service Revenue
$18,346,381
Investment Income
$1,410,263
Other Revenue
$0
All Other Contributions
$80,000
Change in Net Assets
$2,394,758

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,236,644
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$150,502
Total Revenue per Audited Statements
$25,387,146
Total Revenue per Form 990
$25,236,644
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,841,886
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$7,785,091--$7,785,091
Depreciation Depletion$6,695,444--$6,695,444
Occupancy$875,030--$875,030
Fees for Services Other-$287,267-$287,267
Fees for Services Legal-$103,998-$103,998
Fees for Services Accounting-$37,236-$37,236
Insurance-$31,676-$31,676
Other Expenses$287,581$5,356-$5,356
Office Expenses-$520-$520
Total Functional Expenses$22,375,833$466,053$0$22,841,886

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,841,886
Total Expenses per Audited Statements$22,841,886
Total Expenses per Form 990$22,841,886
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Kipp Socal Public Schools$28,866,593
Operating Lease Liability$9,901,628
Grant Fund Reserve Payable$516,000
Deferred Rent Liability$188,332

Bond Issues

BondIssuerIssuedIssue PricePurpose
DCA School Finance Auth2019-06-20$47,715,000Acquisition and construction
CCA School Finance Auth2017-08-16$40,750,000Acquisition and construction
ACA School Finance Auth2020-12-17$33,410,000Acquisition and development
ACA School Finance Auth2014-06-25$28,320,000Acquisition, construction and refinancing
BCA School Finance Auth2015-09-17$27,420,000Acquisition, construction and refinancing

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
D$55,904,983-$1,225,000$957,038
C$46,078,552-$3,705,000$899,773
A$39,108,606--$726,168
B$28,593,456-$3,880,000$881,064
A$28,407,269-$4,550,000$905,808

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Kipp socal public schools

Form 990, Part VI, Section A, Line 6

Kipp socal public schools is the single member of klare holdings.

Form 990, Part VI, Section A, Line 7A

Kipp socal public schools, as the single member of klare holdings, is able to elect one or more members of the governing body.

Form 990, Part VI, Section A, Line 7B

Certain decisions of the governing body are subject to approval by the single member as outlined in the bylaws.

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

The board of directors reviews the organization's form 990 following completion of the form and prior to filing.

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 executive director. 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 C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Klare Holdings
EIN
26-3878865
Phone
2134894461
Address
1933 S BROADWAY SUITE 1144, LOS ANGELES, CA 90007

Signing Officer

Name
Kyle Salyer
Title
Chief Financial Officer
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
3
Independent Board Members
3
Employees
0
Volunteers
3

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 XII, LINE 2C:

The oversight and selection process has not change from last year.

Financial Statement Notes

PART X, LINE 2:

Klare holdings is a nonprofit entity exempt from the payment of state income taxes under california revenue and taxation code section 23701d and has applied for exemption from federal income taxes under internal revenue code section 501(c)(3). Accordingly, no provision has been made for income taxes. Klare holdings has evaluated its tax positions and the certainty as to whether those positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated are related to its continued qualification as a tax-exempt organization and whether there are unrelated business income activities conducted that would be taxable. Management 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. Klare holdings files informational returns in the u.s. Federal jurisdiction, and the state of california.

Raw XML AppendixShowing 400 of 1,011 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/Desc0THE ORGANIZATION FINANCES, DEVELOPS, LEASES AND MAINTAINS CERTAIN SCHOOL FACILITIES TO HELP KIPP SOCAL PUBLIC SCHOOLS TO MORE EFFECTIVELY ACHIEVE ITS MISSION OF TOGETHER WITH FAMILIES AND COMMUNITIES, TO 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/LandBldgEquipCostOrOtherBssAmt0279627790
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02643142
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP AND MAINTAIN CERTAIN FACILITIES FOR THE BENEFIT OF KIPP SOCAL PUBLIC SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt029033415
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt033519942
IRS990/NetAssetsOrFundBalancesBOYAmt015966737
IRS990/NetAssetsOrFundBalancesEOYAmt018511997
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01083032
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01083032
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0150502
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt015966737
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt018511997
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0875030
IRS990/OccupancyGrp/TotalAmt0875030
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0520
IRS990/OfficeExpensesGrp/TotalAmt0520
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022828960
IRS990/OtherAssetsTotalGrp/EOYAmt014168182
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UNRECOV. PROJ. COST
IRS990/OtherExpensesGrp/Desc1ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05356
IRS990/OtherExpensesGrp/ProgramServicesAmt05931410
IRS990/OtherExpensesGrp/ProgramServicesAmt1801277
IRS990/OtherExpensesGrp/ProgramServicesAmt2287581
IRS990/OtherExpensesGrp/TotalAmt05931410
IRS990/OtherExpensesGrp/TotalAmt1801277
IRS990/OtherExpensesGrp/TotalAmt2287581
IRS990/OtherExpensesGrp/TotalAmt35356
IRS990/OtherLiabilitiesGrp/BOYAmt056374419
IRS990/OtherLiabilitiesGrp/EOYAmt039472553
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08294
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0252273
IRS990/PrincipalOfficerNm0KYLE SALYER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018346381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018346381
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05175000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01178284
IRS990/PYOtherExpensesAmt020831975
IRS990/PYOtherRevenueAmt0100
IRS990/PYProgramServiceRevenueAmt015441026
IRS990/PYRevenuesLessExpensesAmt0962435
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt020831975
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt021794410
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02394758
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt05400000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt018346381
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031098527
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010575620
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt05400000
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0261607268
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt05400000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0KIPP SOCAL PUBLIC SCHOOLS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0140062376
IRS990ScheduleD/BuildingsGrp/DepreciationAmt024831016
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0164893392
IRS990ScheduleD/EquipmentGrp/BookValueAmt0513101
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02027321
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02540422
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt022841886
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt059544289
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059544289
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010959785
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08904510
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt019864295
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0150502
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032785392
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032785392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028866593
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1516000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2188332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt39901628
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO KIPP SOCAL PUBLIC SCHOOLS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GRANT FUND RESERVE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED RENT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt0150502
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt025236644
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0KLARE HOLDINGS IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF STATE INCOME TAXES UNDER CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D AND HAS APPLIED FOR EXEMPTION FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. KLARE HOLDINGS HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO ITS CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT 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. KLARE HOLDINGS FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0243864943
IRS990ScheduleD/TotalExpensesPerForm990Amt022841886
IRS990ScheduleD/TotalLiabilityAmt039472553
IRS990ScheduleD/TotalRevenuePerForm990Amt025236644
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt025387146
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt022841886
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0297440
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt018271
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07072
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KYLE SALYER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0322783
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE KIPP SOCAL BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE CHIEF FINANCIAL OFFICER. THE PROCESS INCLUDES REVIEW OF COMPARABILITY DATA, REVIEW AND APPROVAL BY THE GOVERNANCE COMITTEE AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd3D
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd4A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd20
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd30
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd40
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd4A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd30
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd40
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd30
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd40
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00

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