Civic Intelligence

Fund for Kipp St. Louis

990 • Fiscal year 2019 • EIN 82-1302629

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 14, 2020

1310 Papin St No 203St Louis, MO 63103

(314) 349-1388

Siviq Scores

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

Liabilities / Assets

77th percentile

0.57x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

2.98x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

46th percentile

2.0%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

72nd percentile

$258,846

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

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

Asset Growth

89th percentile

30%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

3rd percentile

-65%

Faster revenue growth than 3% of similar nonprofits.

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

Assets

Up

$10,658,466

Up $2,429,208 (+30%) from 2018

Net Assets

Up

$4,573,416

Up $137,415 (+3.1%) from 2018

Liabilities

Up

$6,085,050

Up $2,291,793 (+60%) from 2018

Revenue

Down

$2,043,468

Down $3,786,081 (-65%) from 2018

Expenses

Down

$2,002,142

Down $2,199,948 (-52%) from 2018

Net Income

Down

$41,326

Down $1,586,133 (-97%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2017: $6,828,167Liabilities 2017: $4,029,200Net Assets 2017: $2,798,9672017Assets 2018: $8,229,258Liabilities 2018: $3,793,257Net Assets 2018: $4,436,0012018Assets 2019: $10,658,466Liabilities 2019: $6,085,050Net Assets 2019: $4,573,4162019Assets 2020: $10,604,996Liabilities 2020: $5,482,741Net Assets 2020: $5,122,2552020Assets 2021: $11,105,971Liabilities 2021: $5,563,996Net Assets 2021: $5,541,9752021Assets 2022: $11,446,886Liabilities 2022: $5,592,481Net Assets 2022: $5,854,4052022Assets 2023: $17,604,889Liabilities 2023: $5,584,816Net Assets 2023: $12,020,0732023Assets 2024: $14,298,514Liabilities 2024: $5,569,230Net Assets 2024: $8,729,2842024

Highlighted filing

2019

Assets$10,658,466
Liabilities$6,085,050
Net Assets$4,573,416

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2017: $2,815,303Expenses 2017: $16,336Net Income 2017: $2,798,9672017Revenue 2018: $5,829,549Expenses 2018: $4,202,090Net Income 2018: $1,627,4592018Revenue 2019: $2,043,468Expenses 2019: $2,002,142Net Income 2019: $41,3262019Revenue 2020: $544,487Expenses 2020: $191Net Income 2020: $544,2962020Revenue 2021: $518,093Expenses 2021: $276,451Net Income 2021: $241,6422021Revenue 2022: $311,183Expenses 2022: $135,638Net Income 2022: $175,5452022Revenue 2023: $6,790,425Expenses 2023: $483,461Net Income 2023: $6,306,9642023Revenue 2024: $888,048Expenses 2024: $312,457Net Income 2024: $575,5912024

Highlighted filing

2019

Revenue$2,043,468
Expenses$2,002,142
Net Income$41,326
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 14, 2020
Return Version
2018v3.2
Gross Receipts
$2,043,468
Mission and Program Overview

Mission

The fund for kipp st. Louis is organized, and shall be operated, exclusively for the benefit of, to perform the functions of, and carry out the purposes of, and to be operated, supervised or controlled by or in connection with kipp st. Louis.

To encourage, facilitate, and support the ongoing activities of kipp st. Louis - a publicly chartered school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$743,153$3,896,633▲ $3,153,480
Pledges and Grants Receivable$2,865,799$1,969,518▼ $896,281
Investments Other Securities$544,658$675,815▲ $131,157
Total Assets$8,229,258$10,658,466▲ $2,429,208
Other Assets Total$4,075,648$4,116,500▲ $40,852
Liabilities
Other Liabilities$3,793,257$6,085,050▲ $2,291,793
Total Liabilities$3,793,257$6,085,050▲ $2,291,793
Net Assets / Fund Balance
Unrestricted Net Assets$1,070,202$2,585,898▲ $1,515,696
Temporarily Rstr Net Assets$3,365,799$1,987,518▼ $1,378,281
Total Net Assets Fund Balance$4,436,001$4,573,416▲ $137,415
Total Liabilities and Net Assets / Fund Balance$8,229,258$10,658,466▲ $2,429,208

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$4,116,500--
Other Securities$675,815--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carolyn KindleBoard Member
John KemperBoard Member
Keith WilliamsonBoard Member
Kelly GarrettBoard Member
Paul FedchakDirector of Finance & Oper
Revenue and Support

Revenue Composition

Contributions and Grants
$1,991,793
Program Service Revenue
$0
Investment Income
$51,675
Other Revenue
$0
All Other Contributions
$1,991,793
Change in Net Assets
$41,326

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 AmountValuation Method
Securities Closely Held Stock1$42,797Market Value
Total Noncash Contributions1$42,797-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,002,022
Other Expenses$120
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,002,022--$2,002,022
Fees for Services Other-$120-$120
Total Functional Expenses$2,002,022$120$0$2,002,142
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kipp St LouisSt Louis, MO501(c)(3)Supporting Activities of Kipp St. Louis$2,002,022
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 Stl$6,085,050
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Kipp st. Louis has engaged tollgate enterprises, llc, which employs paul fedchak, to provide managment duties and services customarily performed by or under the direct supervision of officers, directors, trustees, or key employees.

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

A copy of the form 990 is submitted to the board for approval prior to filing.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available to the public upon written request. These can be furnished to interested parties by contacting the school.

Filing and Contact Details

Filer

Filer Name
The Fund for Kipp St Louis
EIN
82-1302629
Phone
3143491388
Address
1310 PAPIN ST NO 203, ST LOUIS, MO 63103

Signing Officer

Name
Kelly Garrett
Title
Executive Director
Phone
3143491388
Signed
2020-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Garrett
Formed
2017
Legal Domicile
Mo
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
ONE SOUTH MEMORIAL DR STE 900, SAINT LOUIS, MO 63102
Preparer
Deidra a Doerr CPA
Phone
3142316232
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The fund kipp st. Louis is a not-for-profit organization under section 501(c)(3) of the internal revenue code and is exempt from income taxes on related income under section 501(a) of the code. The fund for kipp st. Louis files annual federal informational returns which are subject to audit by the internal revenue service generally for three years from the date the return is to be filed

Raw XML AppendixShowing 400 of 448 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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1153854
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt032170
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016297
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KELLY GARRETT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PAUL FEDCHAK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR OF FINANCE & OPER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0258846
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1153854
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0KIPP ST. LOUIS PAID $153,854 IN MANAGEMENT FEES TO THE UNRELATED ORGANIZATION, TOLLGATE ENTERPRISES, LLC. TOLLGATE ENTERPRISES, LLC IS RESPONSIBLE FOR THE OPERATIONS AND FINANCIAL MANAGEMENT OF KIPP ST. LOUIS. TOLLGATE ENTERPRISES, LLC EMPLOYS PAUL FEDCHAK, WHOM IS LISTED ON SCHEDULE J, PART II.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV LINE 23:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/MethodOfDeterminingRevenuesTxt0MARKET VALUE
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/NoncashContributionsRptF990Amt042797
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIPP ST. LOUIS HAS ENGAGED TOLLGATE ENTERPRISES, LLC, WHICH EMPLOYS PAUL FEDCHAK, TO PROVIDE MANAGMENT DUTIES AND SERVICES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS SUBMITTED TO THE BOARD FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THESE CAN BE FURNISHED TO INTERESTED PARTIES BY CONTACTING THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0KIPP FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1KIPP ST LOUIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KIPP ST LOUIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1KIPP ST LOUIS FACILITIES FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0010916759
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1821332346
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLIC CHARTER MIDDLE SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT - KIPP ST. LOUIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01310 PAPIN ST STE 203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11310 PAPIN ST STE 203
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ST LOUIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ST LOUIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd063103
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd163103
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02291793
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt12002022
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KIPP ST LOUIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1KIPP ST LOUIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03365799
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01987518
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08229258
IRS990/TotalAssetsEOYAmt010658466
IRS990/TotalAssetsGrp/BOYAmt08229258
IRS990/TotalAssetsGrp/EOYAmt010658466
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01991793
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0120
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02002022
IRS990/TotalFunctionalExpensesGrp/TotalAmt02002142
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03793257
IRS990/TotalLiabilitiesEOYAmt06085050
IRS990/TotalLiabilitiesGrp/BOYAmt03793257
IRS990/TotalLiabilitiesGrp/EOYAmt06085050
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04436001
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04573416
IRS990/TotalOtherCompensationAmt048467
IRS990/TotalProgramServiceExpensesAmt02002022
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051675
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02043468
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08229258
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010658466
IRS990/TotReportableCompRltdOrgAmt0364233
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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