Civic Intelligence

Klare Holdings

990 • Fiscal year 2017 • EIN 26-3878865

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 21, 2018

3601 E First StreetLos Angeles, CA 90063

(213) 489-4461

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

12.83x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

20%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Assets

Up

$72,936,198

Up $9,398,273 (+15%) from 2016

Net Assets

Up

-$2,661,155

Up $1,520,273 (+36%) from 2016

Liabilities

Up

$75,597,353

Up $7,878,000 (+12%) from 2016

Revenue

Up

$5,894,243

Up $1,001,345 (+20%) from 2016

Expenses

Down

$4,307,098

Down $819,500 (-16%) from 2016

Net Income

Up

$1,587,145

Up $1,820,845 (+779%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2017

Assets$72,936,198
Liabilities$75,597,353
Net Assets-$2,661,155

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$5,894,243
Expenses$4,307,098
Net Income$1,587,145
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 21, 2018
Return Version
2016v3.0
Gross Receipts
$5,894,243
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,350,126$54,986,676▲ $21,636,550
Cash and Non-Interest-Bearing Accounts$21,940,621$10,944,541▼ $10,996,080
Investments in Publicly Traded Securities$3,662,999$3,596,127▼ $66,872
Investments Other Securities$2,545,544$2,545,544→ $0
Accounts Receivable$138,034$258,628▲ $120,594
Prepaid Expenses and Deferred Charges$56,534$222,527▲ $165,993
Total Assets$63,537,925$72,936,198▲ $9,398,273
Other Assets Total$1,844,067$382,155▼ $1,461,912
Liabilities
Tax Exempt Bond Liabilities$55,740,000$55,625,422▼ $114,578
Other Liabilities$3,295,380$11,849,943▲ $8,554,563
Accounts Payable and Accrued Expenses$3,261,774$4,825,790▲ $1,564,016
Mortgage Notes Payable Secured by Investment Property$5,422,199$3,296,198▼ $2,126,001
Total Liabilities$67,719,353$75,597,353▲ $7,878,000
Net Assets / Fund Balance
Unrestricted Net Assets$-4,181,428$-2,661,155▲ $1,520,273
Total Net Assets Fund Balance$-4,181,428$-2,661,155▲ $1,520,273
Total Liabilities and Net Assets / Fund Balance$63,537,925$72,936,198▲ $9,398,273

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$21,135,795-$21,135,795
Buildings$17,459,112$1,480,554$18,939,666
Land$11,454,342-$11,454,342
Leasehold Improvements$4,608,855$3,138,446$7,747,301
Equipment$328,572$258,073$586,645
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nolan HighbaughChair
Jason WilliamsSecretary
Jeff StrnadTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Del Amo Construction INCConstruction Contractor23840 MADISON STREET, Torrance, CA 90505$6,132,268
Silver Creek Industries INCConstruction Contractor2830 BARRETT AVE, Perris, CA 92571$4,380,118
Pacific Charter School DevelopmentConstruction Management Svc600 WILSHIRE BLVD SUITE 200, Los Angeles, CA 90017$520,044
Franco Architects INCArchitectural Services12345 VENTURA BLVD STE H, Studio City, CA 91604$375,054
Berliner ArchitectsArchitectural Services5976 WASHINGTON BLVD, Culver City, CA 90232$352,909
Revenue and Support

Revenue Composition

Contributions and Grants
$311,779
Program Service Revenue
$0
Investment Income
$214,855
Other Revenue
$5,367,609
All Other Contributions
$311,779
Change in Net Assets
$1,587,145

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,894,243
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-66,872
Total Revenue per Audited Statements
$5,827,371
Total Revenue per Form 990
$5,894,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,307,098
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$1,713,186--$1,713,186
Depreciation Depletion$1,279,860--$1,279,860
Occupancy$1,195,158--$1,195,158
Insurance-$52,239-$52,239
All Other Expenses-$44,149-$44,149
Fees for Services Accounting-$13,770-$13,770
Fees for Services Other-$4,761-$4,761
Fees for Services Legal-$3,944-$3,944
Office Expenses-$31-$31
Total Functional Expenses$4,188,204$118,894$0$4,307,098

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,307,098
Total Expenses per Audited Statements$4,307,098
Total Expenses per Form 990$4,307,098
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 La Schools$11,333,943
Grant Fund Reserve Payable$516,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACA School Finance Auth2014-06-25$28,320,000Facility acquisition & refinancing
BCA School Finance Auth2015-09-17$27,420,000Facility acquisition & refinancing

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$28,593,456--$881,064
A$28,407,269--$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
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 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

Employees of kipp la schools maintain the books and records of klare holdings, whose financial results are consolidated within those of kipp la schools.

Form 990, Part VI, Section A, Line 6

Kipp la schools is the single member of klare holdings.

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

Kipp la 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

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy at the periodic board meetings.

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
3601 E FIRST STREET, LOS ANGELES, CA 90063

Signing Officer

Name
Nolan Highbaugh
Title
Chair
Phone
2134894461
Signed
2018-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nolan Highbaugh
Formed
2008
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Derrick Debruyne CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not been changed from prior 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.

Raw XML AppendixShowing 400 of 673 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03261774
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04825790
IRS990/AccountsReceivableGrp/BOYAmt0138034
IRS990/AccountsReceivableGrp/EOYAmt0258628
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO DEVELOP AND MAINTAIN CERTAIN FACILITIES FOR THE BENEFIT OF KIPP LA SCHOOLS.
IRS990/AllOtherContributionsAmt0311779
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt044149
IRS990/AllOtherExpensesGrp/TotalAmt044149
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KYLE SALYER
IRS990/BooksInCareOfDetail/PhoneNum02134894461
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03601 E FIRST STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090063
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt021940621
IRS990/CashNonInterestBearingGrp/EOYAmt010944541
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt06132268
IRS990/ContractorCompensationGrp/CompensationAmt14380118
IRS990/ContractorCompensationGrp/CompensationAmt2520044
IRS990/ContractorCompensationGrp/CompensationAmt3375054
IRS990/ContractorCompensationGrp/CompensationAmt4352909
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt023840 MADISON STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt12830 BARRETT AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2600 WILSHIRE BLVD SUITE 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt312345 VENTURA BLVD STE H
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt45976 WASHINGTON BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0TORRANCE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1PERRIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3STUDIO CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4CULVER CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd090505
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd192571
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd290017
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd391604
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd490232
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DEL AMO CONSTRUCTION INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SILVER CREEK INDUSTRIES INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2PACIFIC CHARTER SCHOOL DEVELOPMENT
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3FRANCO ARCHITECTS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4BERLINER ARCHITECTS
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc1CONSTRUCTION CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc2CONSTRUCTION MANAGEMENT SVC
IRS990/ContractorCompensationGrp/ServicesDesc3ARCHITECTURAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4ARCHITECTURAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0311779
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0214855
IRS990/CYOtherExpensesAmt04307098
IRS990/CYOtherRevenueAmt05367609
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01587145
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04307098
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05894243
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01279860
IRS990/DepreciationDepletionGrp/TotalAmt01279860
IRS990/Desc0THE ORGANIZATION FINANCES, DEVELOPS, LEASES AND MAINTAINS CERTAIN SCHOOL FACILITIES TO HELP KIPP LA SCHOOLS TO MORE EFFECTIVELY ACHIEVE ITS MISSION OF TEACHING THE ACADEMIC SKILLS, FOSTERING THE INTELLECTUAL HABITS, AND CULTIVATING THE CHARACTER TRAITS NEEDED FOR ITS STUDENTS TO THRIVE IN HIGH SCHOOL, COLLEGE, AND LIFE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt04188204
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013770
IRS990/FeesForServicesAccountingGrp/TotalAmt013770
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03944
IRS990/FeesForServicesLegalGrp/TotalAmt03944
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04761
IRS990/FeesForServicesOtherGrp/TotalAmt04761
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0NOLAN HIGHBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF STRNAD
IRS990/Form990PartVIISectionAGrp/PersonNm2JASON WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05894243
IRS990/GrossRentsGrp/RealAmt05312471
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt052239
IRS990/InsuranceGrp/TotalAmt052239
IRS990/InterestGrp/ProgramServicesAmt01713186
IRS990/InterestGrp/TotalAmt01713186
IRS990/InvestmentIncomeGrp/ExclusionAmt0214855
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0214855
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02545544
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02545544
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03662999
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03596127
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04877073
IRS990/LandBldgEquipBasisNetGrp/BOYAmt033350126
IRS990/LandBldgEquipBasisNetGrp/EOYAmt054986676
IRS990/LandBldgEquipCostOrOtherBssAmt059863749
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt00
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 LA SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05422199
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03296198
IRS990/NetAssetsOrFundBalancesBOYAmt0-4181428
IRS990/NetAssetsOrFundBalancesEOYAmt0-2661155
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05312471
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05312471
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-66872
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01195158
IRS990/OccupancyGrp/TotalAmt01195158
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031
IRS990/OfficeExpensesGrp/TotalAmt031
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01844067
IRS990/OtherAssetsTotalGrp/EOYAmt0382155
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt03295380
IRS990/OtherLiabilitiesGrp/EOYAmt011849943
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC. REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt055138
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt055138
IRS990/OtherRevenueTotalAmt055138
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt056534
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0222527
IRS990/PrincipalOfficerNm0NOLAN HIGHBAUGH
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0157662
IRS990/PYOtherExpensesAmt05126598
IRS990/PYOtherRevenueAmt04735236
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-233700
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05126598
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04892898
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01587145
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05312471
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05367609
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/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0261607268
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0KIPP LA 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/BookValueAmt017459112
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01480554
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018939666
IRS990ScheduleD/EquipmentGrp/BookValueAmt0328572
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0258073
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0586645
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04307098
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt011454342
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011454342
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04608855
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03138446
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt07747301
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-66872
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021135795
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021135795
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011333943
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1516000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO KIPP LA SCHOOLS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GRANT FUND RESERVE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0-66872
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05894243
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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt054986676
IRS990ScheduleD/TotalExpensesPerForm990Amt04307098
IRS990ScheduleD/TotalLiabilityAmt011849943
IRS990ScheduleD/TotalRevenuePerForm990Amt05894243
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05827371
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04307098
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-06-25
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12015-09-17
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0680280917
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1680280917
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum013059TAR0
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum113059TBZ1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt028320000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt127420000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CA SCHOOL FINANCE AUTH
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1CA SCHOOL FINANCE AUTH
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0FACILITY ACQUISITION & REFINANCING
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1FACILITY ACQUISITION & REFINANCING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt024407502
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt119561335
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0945189
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt1934332
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01378097
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt11805228
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0905808
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1881064
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02016
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr12017
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt028407269
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt128593456
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt0770673
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt15411497

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings