Civic Intelligence

Kipp Jacksonville Inc.

990 • Fiscal year 2018 • EIN 26-4046741

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 15, 2019

1440 Mcduff Avenue NorthJacksonville, FL 32254

(904) 738-4145

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.49x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.20x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

25th percentile

-3.3%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$174,813

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

3rd percentile

-23%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-7.7%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$5,609,608

Down $1,699,192 (-23%) from 2017

Net Assets

Down

$2,883,054

Down $450,400 (-14%) from 2017

Liabilities

Down

$2,726,554

Down $1,248,792 (-31%) from 2017

Revenue

Down

$13,599,228

Down $1,128,561 (-7.7%) from 2017

Expenses

Up

$14,049,628

Up $1,885,565 (+16%) from 2017

Net Income

Down

-$450,400

Down $3,014,126 (-118%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $2,330,491Liabilities 2011: $696,958Net Assets 2011: $1,633,5332011Assets 2012: $1,590,413Liabilities 2012: $1,073,835Net Assets 2012: $516,5782012Assets 2013: $1,066,958Liabilities 2013: $1,353,206Net Assets 2013: -$286,2482013Assets 2014: $1,180,115Liabilities 2014: $1,943,202Net Assets 2014: -$763,0872014Assets 2015: $4,671,497Liabilities 2015: $2,616,503Net Assets 2015: $2,054,9942015Assets 2016: $4,535,858Liabilities 2016: $3,766,130Net Assets 2016: $769,7282016Assets 2017: $7,308,800Liabilities 2017: $3,975,346Net Assets 2017: $3,333,4542017Assets 2018: $5,609,608Liabilities 2018: $2,726,554Net Assets 2018: $2,883,0542018Assets 2019: $6,493,354Liabilities 2019: $2,739,900Net Assets 2019: $3,753,4542019Assets 2020: $8,626,887Liabilities 2020: $4,779,608Net Assets 2020: $3,847,2792020Assets 2021: $9,839,108Liabilities 2021: $4,732,277Net Assets 2021: $5,106,8312021Assets 2022: $26,061,175Liabilities 2022: $19,033,319Net Assets 2022: $7,027,8562022Assets 2023: $11,784,846Liabilities 2023: $5,593,555Net Assets 2023: $6,191,2912023Assets 2024: $19,186,647Liabilities 2024: $9,396,689Net Assets 2024: $9,789,9582024Assets 2025: $21,272,454Liabilities 2025: $13,384,204Net Assets 2025: $7,888,2502025

Highlighted filing

2018

Assets$5,609,608
Liabilities$2,726,554
Net Assets$2,883,054

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $2,200,6572011Expenses 2012: $3,112,1102012Expenses 2013: $5,011,4742013Revenue 2014: $6,875,859Expenses 2014: $7,352,698Net Income 2014: -$476,8392014Revenue 2015: $11,086,324Expenses 2015: $8,371,928Net Income 2015: $2,714,3962015Revenue 2016: $10,035,318Expenses 2016: $11,320,584Net Income 2016: -$1,285,2662016Revenue 2017: $14,727,789Expenses 2017: $12,164,063Net Income 2017: $2,563,7262017Revenue 2018: $13,599,228Expenses 2018: $14,049,628Net Income 2018: -$450,4002018Revenue 2019: $15,796,573Expenses 2019: $14,926,173Net Income 2019: $870,4002019Revenue 2020: $16,131,578Expenses 2020: $16,037,753Net Income 2020: $93,8252020Revenue 2021: $19,518,543Expenses 2021: $18,258,991Net Income 2021: $1,259,5522021Revenue 2022: $29,130,836Expenses 2022: $27,209,811Net Income 2022: $1,921,0252022Revenue 2023: $33,827,374Expenses 2023: $34,663,939Net Income 2023: -$836,5652023Revenue 2024: $43,518,174Expenses 2024: $39,919,507Net Income 2024: $3,598,6672024Revenue 2025: $45,081,617Expenses 2025: $46,983,325Net Income 2025: -$1,901,7082025

Highlighted filing

2018

Revenue$13,599,228
Expenses$14,049,628
Net Income-$450,400
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 15, 2019
Return Version
2017v2.3
Gross Receipts
$13,599,228
Mission and Program Overview

Mission

The corporation is organized for the purpose of operating one or more public charter schools in the state of florida, preparing students with the academic and character skills needed for success in college and in life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,755,771$1,968,056▼ $1,787,715
Land, Buildings, and Equipment, Net$1,748,536$1,789,738▲ $41,202
Accounts Receivable$1,710,184$498,874▼ $1,211,310
Prepaid Expenses and Deferred Charges$52,585--
Total Assets$7,308,800$5,609,608▼ $1,699,192
Other Assets Total$41,724$1,352,940▲ $1,311,216
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,315,485$1,117,642▼ $197,843
Accounts Payable and Accrued Expenses$607,559$727,567▲ $120,008
Deferred Revenue$459,500$450,000▼ $9,500
Other Liabilities$1,592,802$431,345▼ $1,161,457
Total Liabilities$3,975,346$2,726,554▼ $1,248,792
Net Assets / Fund Balance
Unrestricted Net Assets$3,333,454$2,883,054▼ $450,400
Total Net Assets Fund Balance$3,333,454$2,883,054▼ $450,400
Total Liabilities and Net Assets / Fund Balance$7,308,800$5,609,608▼ $1,699,192

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,751,652$705,647$2,457,299
Other Land Buildings$27,796$60,498$88,294
Land$10,290-$10,290
Other Assets Org$1,352,940--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas MajdanicsExecutive DiFT$174,813-$174,813
Thomas MajdanicsExecutive Director-$150,333$24,480$174,813
Jennifer BrownExecutive DiFT$161,133-$161,133
Jennifer BrownExecutive Director-$148,333$12,800$161,133
Zachary RossleyPresident &FT$152,800-$152,800
Zachary RossleyPresident & COO-$140,000$12,800$152,800

Board Members and Trustees

NameTitle
Gary ChartrandChairman
Charley ZimmerDirector
Cheryl FountainDirector
Gary NorcrossDirector
Joe BarrowDirector
John BakerDirector
Timothy GrooverDirector
Wayne ClarkDirector
Will KetchumDirector
William WaltonDirector
Dan EdelmanSecretary/tr

Highest Paid Contractors

ContractorServicesLocationCompensation
Sla ManagementFood Service3217 CORRINE DR, Orlando, FL 32803$725,165
Revenue and Support

Revenue Composition

Contributions and Grants
$12,776,433
Program Service Revenue
$822,512
Investment Income
$283
Other Revenue
$0
All Other Contributions
$10,565,737
Change in Net Assets
$-450,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,599,228
Total Revenue per Audited Statements
$13,599,228
Total Revenue per Form 990
$13,599,228
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,420,348
Other Expenses$5,629,280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,932,560$2,254,691-$7,187,251
Fees for Services Other$383,760$1,274,988-$1,658,748
Occupancy-$1,329,129-$1,329,129
Other Employee Benefits$552,414$51,726-$604,140
Payroll Taxes$366,338$166,974-$533,312
Office Expenses$236,972$235,659-$472,631
Depreciation Depletion$50,373$204,425-$254,798
All Other Expenses$45,482$189,977-$235,459
Information Technology$81,797$131,124-$212,921
Other Expenses$134,597$14,665-$134,597
Insurance$2,380$122,968-$125,348
Pension Plan Contributions$93,416$2,229-$95,645
Travel$87,357$6,809-$94,166
Fees for Services Management-$85,771-$85,771
Advertising-$53,791-$53,791
Interest-$43,510-$43,510
Total Functional Expenses$7,653,383$6,396,245$0$14,049,628

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,049,628
Total Expenses per Audited Statements$14,049,628
Total Expenses per Form 990$14,049,628
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$431,345
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
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, Page 6, Part VI, Line 6

The corporation has one member, kipp foundation, inc. (ein: 94-3362724), a ca non-profit corporation with tax-exempt status under irc section 501 (c)3.

Form 990, Page 6, Part VI, Line 7A

The sole member of the corporation, kipp foundation, inc., has the exclusive right to approve any amendments to the articles of incorporation or the corporation's bylaws, as well as to remove and replace any member of the corporation's board of directors in the event that written notice is provided to the corporation by the kipp foundation that the corporation has violated the terms of its trademark license agreement with the kipp foundation. However, the property, affairs and business of the corporation shall be managed by its board of directors and not by the sole member.

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is provided to the board for review prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest must be discussed with the board.

Form 990, Page 6, Part VI, Line 15A

The board of directors determines the annual compensation and bonus for the executive director in executive session during the board meetings.

Form 990, Page 6, Part VI, Line 15B

Compensation for other key employees is determined by the executive director and approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request

Filing and Contact Details

Filer

Filer Name
Kipp Jacksonville Inc
EIN
26-4046741
Phone
9047384145
Address
1440 MCDUFF AVENUE NORTH, JACKSONVILLE, FL 32254

Signing Officer

Name
Dan Edelman
Title
Secretary/treasurer
Phone
9046836643
Signed
2019-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Chartrand
Formed
2008
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
188
Volunteers
25

Preparer

Firm
Berman Hopkins Wright Laham Cpas & Assoc
Address
8035 SPYGLASS HILL RD, MELBOURNE, FL 32940
Preparer
Brian Nemeroff
Phone
3217572020
Supplemental Narrative

Additional Explanations

Form 990

Part viii, line 1f - contribution revenue

Form 990, Part IX, Line 11G

Professional & technical serv 224,790 254,408 0 payroll processing fee 0 8,953 0 district admin fee 0 180,279 0 other purchased services 158,970 831,348 0 total 383,760 1,274,988 0

Financial Statement Notes

Schedule D, Page 3, Part X

Kipp jacksonville, inc. And its subsidiaries are not-for-profit florida corporations that are exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable state law. The company recognizes the financial statement effects from a tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the company and various positions related to the potential sources of unrelated business taxable income. The assessment of the technical merits of a tax position is a matter of judgment. The company believes that all of its tax positions are more likely than not to be sustained upon examination. The company files form 990 in the u.s. Federal jurisdiction. The company is generally no longer subject to examination by the internal revenue service three years after a return was due or filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT &
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt02210696
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt013599228
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0131124
IRS990/InformationTechnologyGrp/ProgramServicesAmt081797
IRS990/InformationTechnologyGrp/TotalAmt0212921
IRS990/InsuranceGrp/ManagementAndGeneralAmt0122968
IRS990/InsuranceGrp/ProgramServicesAmt02380
IRS990/InsuranceGrp/TotalAmt0125348
IRS990/InterestGrp/ManagementAndGeneralAmt043510
IRS990/InterestGrp/TotalAmt043510
IRS990/InvestmentIncomeGrp/ExclusionAmt0283
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0283
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt050
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0766145
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01748536
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01789738
IRS990/LandBldgEquipCostOrOtherBssAmt02555883
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF OPERATING ONE OR MORE PUBLIC CHARTER SCHOOLS IN THE STATE OF FLORIDA, PREPARING STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS NEEDED FOR SUCCESS IN COLLEGE AND IN LIFE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01315485
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01117642
IRS990/NetAssetsOrFundBalancesBOYAmt03333454
IRS990/NetAssetsOrFundBalancesEOYAmt02883054
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01329129
IRS990/OccupancyGrp/TotalAmt01329129
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0235659
IRS990/OfficeExpensesGrp/ProgramServicesAmt0236972
IRS990/OfficeExpensesGrp/TotalAmt0472631
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041724
IRS990/OtherAssetsTotalGrp/EOYAmt01352940
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt051726
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0552414
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0604140
IRS990/OtherExpensesGrp/Desc0SCHOOL SUPPORT
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FURNITURE, FIXTURES, EQUI
IRS990/OtherExpensesGrp/Desc3AID
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0227809
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114665
IRS990/OtherExpensesGrp/ProgramServicesAmt0500000
IRS990/OtherExpensesGrp/ProgramServicesAmt1185937
IRS990/OtherExpensesGrp/ProgramServicesAmt2134597
IRS990/OtherExpensesGrp/TotalAmt0500000
IRS990/OtherExpensesGrp/TotalAmt1227809
IRS990/OtherExpensesGrp/TotalAmt2200602
IRS990/OtherExpensesGrp/TotalAmt3134597
IRS990/OtherLiabilitiesGrp/BOYAmt01592802
IRS990/OtherLiabilitiesGrp/EOYAmt0431345
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02254691
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04932560
IRS990/OtherSalariesAndWagesGrp/TotalAmt07187251
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0166974
IRS990/PayrollTaxesGrp/ProgramServicesAmt0366338
IRS990/PayrollTaxesGrp/TotalAmt0533312
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02229
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt093416
IRS990/PensionPlanContributionsGrp/TotalAmt095645
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt052585
IRS990/PrincipalOfficerNm0GARY CHARTRAND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0822512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0822512
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012129511
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0344
IRS990/PYOtherExpensesAmt05412124
IRS990/PYOtherRevenueAmt02233574
IRS990/PYProgramServiceRevenueAmt0364360
IRS990/PYRevenuesLessExpensesAmt02563726
IRS990/PYSalariesCompEmpBnftPaidAmt06751939
IRS990/PYTotalExpensesAmt012164063
IRS990/PYTotalRevenueAmt014727789
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-450400
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0822795
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesAmt060000
IRS990ScheduleC/OtherActivitiesInd0true
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE TAXPAYER CONTRACTED WITH THE FIORENTINO GROUP TO LOBBY THE FLORIDA STATE LEGISLATURE TO SET UP AN APPROPRIATION FOR KIPP JACKSONVILLE TO HELP FUND THE LONGER SCHOOL DAY/YEAR OFFERED TO STUDENTS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART II-B, LINE 1
IRS990ScheduleC/TotalLobbyingExpendituresAmt060000
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01751652
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0705647
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02457299
IRS990ScheduleD/ExpensesSubtotalAmt014049628
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt010290
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010290
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01352940
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER AGENCIES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt027796
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt060498
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt088294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0431345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/RevenueSubtotalAmt013599228
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0KIPP JACKSONVILLE, INC. AND ITS SUBSIDIARIES ARE NOT-FOR-PROFIT FLORIDA CORPORATIONS THAT ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE COMPANY RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE COMPANY AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE ASSESSMENT OF THE TECHNICAL MERITS OF A TAX POSITION IS A MATTER OF JUDGMENT. THE COMPANY BELIEVES THAT ALL OF ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE COMPANY FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE COMPANY IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE THREE YEARS AFTER A RETURN WAS DUE OR FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01789738
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01352940
IRS990ScheduleD/TotalExpensesPerForm990Amt014049628
IRS990ScheduleD/TotalLiabilityAmt0431345
IRS990ScheduleD/TotalRevenuePerForm990Amt013599228
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013599228
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014049628
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0KIPP JACKSONVILLE, INC. IS CLASSIFIED AS A PUBLIC SCHOOL UNDER FLORIDA LAW AND IS NOT SUBJECT TO REVENUE PROCEDURE 75-50.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1FUNDING IS RECEIVED THROUGH THE DUVAL COUNTY SCHOOL BOARD AND THE FLORIDA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150333
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1148333
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2140000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount024480
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount112800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount212800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS MAJDANICS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JENNIFER BROWN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2ZACHARY ROSSLEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PRESIDENT & COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0174813
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1161133
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2152800

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$21.3$13.4$7.89$45.1$47.0$1.90
2024Detailed filing. Detailed filing data is available for this year.$19.2$9.40$9.79$43.5$39.9$3.60
2023Detailed filing. Detailed filing data is available for this year.$11.8$5.59$6.19$33.8$34.7$0.84
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$19.0$7.03$29.1$27.2$1.92
2021Detailed filing. Detailed filing data is available for this year.$9.84$4.73$5.11$19.5$18.3$1.26
2020Detailed filing. Detailed filing data is available for this year.$8.63$4.78$3.85$16.1$16.0$0.09
2019Detailed filing. Detailed filing data is available for this year.$6.49$2.74$3.75$15.8$14.9$0.87
2018Detailed filing. Detailed filing data is available for this year.$5.61$2.73$2.88$13.6$14.0$0.45
2017Detailed filing. Detailed filing data is available for this year.$7.31$3.98$3.33$14.7$12.2$2.56
2016Detailed filing. Detailed filing data is available for this year.$4.54$3.77$0.77$10.0$11.3$1.29
2015Detailed filing. Detailed filing data is available for this year.$4.67$2.62$2.05$11.1$8.37$2.71
2014Detailed filing. Detailed filing data is available for this year.$1.18$1.94$0.76$6.88$7.35$0.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$1.35$0.29$5.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$1.07$0.52$3.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.70$1.63$2.20