Civic Intelligence

Kipp Jacksonville Inc.

990 • Fiscal year 2019 • EIN 26-4046741

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 15, 2020

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

69th percentile

0.42x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

44th percentile

0.17x

Higher debt load relative to revenue than 44% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

58th percentile

5.5%

Higher net margin than 58% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

49th percentile

$172,500

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

75th percentile

16%

Faster revenue growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,493,354

Up $883,746 (+16%) from 2018

Net Assets

Up

$3,753,454

Up $870,400 (+30%) from 2018

Liabilities

Up

$2,739,900

Up $13,346 (+0.5%) from 2018

Revenue

Up

$15,796,573

Up $2,197,345 (+16%) from 2018

Expenses

Up

$14,926,173

Up $876,545 (+6.2%) from 2018

Net Income

Up

$870,400

Up $1,320,800 (+293%) from 2018

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

2019

Assets$6,493,354
Liabilities$2,739,900
Net Assets$3,753,454

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

2019

Revenue$15,796,573
Expenses$14,926,173
Net Income$870,400
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 15, 2020
Return Version
2018v3.2
Gross Receipts
$15,796,573
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
Land, Buildings, and Equipment, Net$1,789,738$2,025,189▲ $235,451
Cash and Non-Interest-Bearing Accounts$1,968,056$1,393,588▼ $574,468
Accounts Receivable$498,874$876,014▲ $377,140
Total Assets$5,609,608$6,493,354▲ $883,746
Other Assets Total$1,352,940$2,198,563▲ $845,623
Liabilities
Other Liabilities$431,345$1,354,238▲ $922,893
Mortgage Notes Payable Secured by Investment Property$1,117,642$1,130,993▲ $13,351
Deferred Revenue$450,000--
Accounts Payable and Accrued Expenses$727,567$254,669▼ $472,898
Total Liabilities$2,726,554$2,739,900▲ $13,346
Net Assets / Fund Balance
Unrestricted Net Assets$2,883,054$3,753,454▲ $870,400
Total Net Assets Fund Balance$2,883,054$3,753,454▲ $870,400
Total Liabilities and Net Assets / Fund Balance$5,609,608$6,493,354▲ $883,746

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,005,355$993,924$2,999,279
Other Land Buildings$9,544$78,750$88,294
Land$10,290-$10,290
Other Assets Org$238,918--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer BrownExecutive DiFT$172,500-$172,500
Jennifer BrownExecutive Director-$160,000$12,500$172,500
Zachary RossleyPresident &FT$157,000-$157,000
Zachary RossleyPresident & COO-$147,000$10,000$157,000

Board Members and Trustees

NameTitle
Gary ChartrandChairman
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$865,497
School OutfittersFurniturePO BOX 638517, Cincinnati, OH 45263$108,607
Revenue and Support

Revenue Composition

Contributions and Grants
$15,622,354
Program Service Revenue
$170,813
Investment Income
$3,406
Other Revenue
$0
All Other Contributions
$13,669,830
Change in Net Assets
$870,400

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Miscellaneous4$397,809
Total Noncash Contributions4$397,809

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,796,573
Total Revenue per Audited Statements
$15,796,573
Total Revenue per Form 990
$15,796,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,371,616
Other Expenses$5,554,557
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,871,075$2,112,924-$7,983,999
Fees for Services Other$322,530$1,444,502-$1,767,032
Occupancy-$1,681,767-$1,681,767
Other Employee Benefits$525,924$186,058-$711,982
Payroll Taxes$426,340$155,615-$581,955
Office Expenses$170,367$167,404-$337,771
Depreciation Depletion$60,141$246,386-$306,527
All Other Expenses$38,697$222,743-$261,440
Information Technology$142,553$42,199-$184,752
Insurance-$162,053-$162,053
Pension Plan Contributions$93,680--$93,680
Other Expenses$25,467$65,777-$91,244
Travel$81,686$5,882-$87,568
Advertising$2,238$52,544-$54,782
Interest-$38,896-$38,896
Total Functional Expenses$7,963,705$6,962,468$0$14,926,173

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$14,926,173
Total Expenses per Audited Statements$14,926,173
Total Expenses per Form 990$14,926,173
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
Capital Lease Obligation$911,035
Due to Related Party$443,203
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
2020-01-15
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
220
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 122,969 323,048 0 payroll processing fee 0 17,272 0 district admin fee 0 90,988 0 other purchased services 199,561 1,013,194 0 total 322,530 1,444,502 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/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt01952524
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt015796573
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt042199
IRS990/InformationTechnologyGrp/ProgramServicesAmt0142553
IRS990/InformationTechnologyGrp/TotalAmt0184752
IRS990/InsuranceGrp/ManagementAndGeneralAmt0162053
IRS990/InsuranceGrp/TotalAmt0162053
IRS990/InterestGrp/ManagementAndGeneralAmt038896
IRS990/InterestGrp/TotalAmt038896
IRS990/InvestmentIncomeGrp/ExclusionAmt03406
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03406
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01072674
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01789738
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02025189
IRS990/LandBldgEquipCostOrOtherBssAmt03097863
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/BOYAmt01117642
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01130993
IRS990/NetAssetsOrFundBalancesBOYAmt02883054
IRS990/NetAssetsOrFundBalancesEOYAmt03753454
IRS990/NoncashContributionsAmt0397809
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01681767
IRS990/OccupancyGrp/TotalAmt01681767
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0167404
IRS990/OfficeExpensesGrp/ProgramServicesAmt0170367
IRS990/OfficeExpensesGrp/TotalAmt0337771
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01352940
IRS990/OtherAssetsTotalGrp/EOYAmt02198563
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0186058
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0525924
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0711982
IRS990/OtherExpensesGrp/Desc0FURNITURE, FIXTURES, EQUI
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2AID
IRS990/OtherExpensesGrp/Desc3MEALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0145849
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1231869
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt265777
IRS990/OtherExpensesGrp/ProgramServicesAmt093593
IRS990/OtherExpensesGrp/ProgramServicesAmt1109414
IRS990/OtherExpensesGrp/ProgramServicesAmt225467
IRS990/OtherExpensesGrp/TotalAmt0239442
IRS990/OtherExpensesGrp/TotalAmt1231869
IRS990/OtherExpensesGrp/TotalAmt2109414
IRS990/OtherExpensesGrp/TotalAmt391244
IRS990/OtherLiabilitiesGrp/BOYAmt0431345
IRS990/OtherLiabilitiesGrp/EOYAmt01354238
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02112924
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05871075
IRS990/OtherSalariesAndWagesGrp/TotalAmt07983999
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0155615
IRS990/PayrollTaxesGrp/ProgramServicesAmt0426340
IRS990/PayrollTaxesGrp/TotalAmt0581955
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt093680
IRS990/PensionPlanContributionsGrp/TotalAmt093680
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GARY CHARTRAND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0170813
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0170813
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012776433
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0283
IRS990/PYOtherExpensesAmt05629280
IRS990/PYProgramServiceRevenueAmt0822512
IRS990/PYRevenuesLessExpensesAmt0-450400
IRS990/PYSalariesCompEmpBnftPaidAmt08420348
IRS990/PYTotalExpensesAmt014049628
IRS990/PYTotalRevenueAmt013599228
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0870400
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0170813
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesAmt072000
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/TotalLobbyingExpendituresAmt072000
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02005355
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0993924
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02999279
IRS990ScheduleD/ExpensesSubtotalAmt014926173
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt010290
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010290
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01959645
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1238918
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER AGENCIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID EXPENSES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09544
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt078750
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt088294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0911035
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1443203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/RevenueSubtotalAmt015796573
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/TotalBookValueLandBuildingsAmt02025189
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02198563
IRS990ScheduleD/TotalExpensesPerForm990Amt014926173
IRS990ScheduleD/TotalLiabilityAmt01354238
IRS990ScheduleD/TotalRevenuePerForm990Amt015796573
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015796573
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014926173
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/BaseCompensationFilingOrgAmt0160000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1147000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount012500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount110000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JENNIFER BROWN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ZACHARY ROSSLEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT & COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0172500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1157000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false

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