Civic Intelligence

Kipp St Louis Facilities Fund

EIN 82-1332346 • 501(c)3 • St Louis, MO

Profile

Organized, and 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 - a publicly chartered school.

1310 Papin St 203St Louis, MO 63103

n/A

Siviq Scores

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

Liabilities / Assets

98th percentile

1.47x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

32.14x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

1st percentile

-285%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

5th percentile

-25%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

88th percentile

59%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Down

$6,973,924

Down $4,904,609 (-41%) from 2023

Liabilities

Down

$10,226,337

Down $3,999,165 (-28%) from 2023

Net Assets

Down

-$3,252,413

Down $905,444 (-39%) from 2023

Revenue

Up

$318,221

Up $277,368 (+679%) from 2023

Expenses

Up

$1,223,665

Up $361,856 (+42%) from 2023

Net Income

Down

-$905,444

Down $84,488 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2017: $4,034,796Liabilities 2017: $4,034,796Net Assets 2017: $02017Assets 2018: $4,075,576Liabilities 2018: $4,075,648Net Assets 2018: -$722018Assets 2019: $4,116,347Liabilities 2019: $4,116,500Net Assets 2019: -$1532019Assets 2020: $13,895,406Liabilities 2020: $13,889,793Net Assets 2020: $5,6132020Assets 2021: $12,999,950Liabilities 2021: $13,579,266Net Assets 2021: -$579,3162021Assets 2022: $12,310,340Liabilities 2022: $13,836,353Net Assets 2022: -$1,526,0132022Assets 2023: $11,878,533Liabilities 2023: $14,225,502Net Assets 2023: -$2,346,9692023Assets 2024: $6,973,924Liabilities 2024: $10,226,337Net Assets 2024: -$3,252,4132024

Highlighted filing

2024

Assets$6,973,924
Liabilities$10,226,337
Net Assets-$3,252,413

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $5,596Expenses 2017: $5,596Net Income 2017: $02017Revenue 2018: $40,852Expenses 2018: $40,924Net Income 2018: -$722018Revenue 2019: $40,852Expenses 2019: $40,933Net Income 2019: -$812019Revenue 2020: $340,964Expenses 2020: $335,198Net Income 2020: $5,7662020Revenue 2021: $40,852Expenses 2021: $625,781Net Income 2021: -$584,9292021Revenue 2022: $126,158Expenses 2022: $1,072,855Net Income 2022: -$946,6972022Revenue 2023: $40,853Expenses 2023: $861,809Net Income 2023: -$820,9562023Revenue 2024: $318,221Expenses 2024: $1,223,665Net Income 2024: -$905,4442024

Highlighted filing

2024

Revenue$318,221
Expenses$1,223,665
Net Income-$905,444

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$318,221
Mission and Program Overview

Mission

Organized, and 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 - a publicly chartered middle school.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,387,247$6,865,924▼ $521,323
Other Notes and Loans Receivable, Net$4,029,200$0▼ $4,029,200
Cash and Non-Interest-Bearing Accounts$462,086$108,000▼ $354,086
Total Assets$11,878,533$6,973,924▼ $4,904,609
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,269,404$7,285,046▲ $15,642
Other Liabilities$6,956,098$2,941,291▼ $4,014,807
Total Liabilities$14,225,502$10,226,337▼ $3,999,165
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,346,969$-3,252,413▼ $905,444
Total Net Assets Fund Balance$-2,346,969$-3,252,413▼ $905,444
Total Liabilities and Net Assets / Fund Balance$11,878,533$6,973,924▼ $4,904,609

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,679,277$1,857,414$7,536,691
Land$1,186,647-$1,186,647
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelly GarrettChairman
Wes SeatonSecretary
Paul FedchakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$318,221
Other Revenue
$0
Change in Net Assets
$-905,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,223,665
Total Fundraising Expense$17,479
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$422,272$88,625$10,426$521,323
Interest$285,653$59,952$7,053$352,658
Fees for Services Other-$349,684-$349,684
Total Functional Expenses$707,925$498,261$17,479$1,223,665
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 Related Party - Kipp St. Louis$2,941,291
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
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 fedchack, to provide management 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
Kipp St Louis Facilities Fund
EIN
82-1332346
Phone
3143491388
Address
1310 PAPIN ST 203, ST LOUIS, MO 63103

Signing Officer

Name
Kelly Garrett
Title
Executive Director
Phone
3143491388
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Garrett
Formed
2017
Legal Domicile
Mo
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
852 CAMBRIDGE BLVD STE 100, OFALLON, IL 62269
Preparer
Jay Gensert
Phone
6186327574
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Fund services: program service expenses 0. Management and general expenses 349,684. Fundraising expenses 0. Total expenses 349,684.

FORM 990, PART XII, LINE 2C:

The process has not changed

Financial Statement Notes

PART X, LINE 2:

Kipp st. Louis facilities fund 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. Kipp st. Louis facilities fund 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 filed.

Raw XML AppendixShowing 400 of 416 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/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0296097
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1200478
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0KIPP ST. LOUIS PAID $200478 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 AND RELATED ENTITIES. TOLLGATE ENTERPRISES, LLC EMPLOYS PAUL FEDCHAK, WHOM IS LISTED ON SCHEDULE J, PART II.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV LINE 23:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIPP ST. LOUIS HAS ENGAGED TOLLGATE ENTERPRISES, LLC, WHICH EMPLOYS PAUL FEDCHACK, TO PROVIDE MANAGEMENT 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/ExplanationTxt3FUND SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 349,684. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 349,684.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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/BusinessNameLine1Txt1THE FUND FOR KIPP ST LOUIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0010916759
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1821302629
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLIC CHARTER MIDDLE SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FOR THE BENEFIT OF 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/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt05462600
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11600000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2427294
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt31341291
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2DONATED USE OF FACILITIES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KIPP ST LOUIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1KIPP ST LOUIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2KIPP ST LOUIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3KIPP ST LOUIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011878533
IRS990/TotalAssetsEOYAmt06973924
IRS990/TotalAssetsGrp/BOYAmt011878533
IRS990/TotalAssetsGrp/EOYAmt06973924
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017479
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0498261
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0707925
IRS990/TotalFunctionalExpensesGrp/TotalAmt01223665
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014225502
IRS990/TotalLiabilitiesEOYAmt010226337
IRS990/TotalLiabilitiesGrp/BOYAmt014225502
IRS990/TotalLiabilitiesGrp/EOYAmt010226337
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2346969
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3252413
IRS990/TotalOtherCompensationAmt047494
IRS990/TotalProgramServiceExpensesAmt0707925
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0318221
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0318221
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011878533
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06973924
IRS990/TotReportableCompRltdOrgAmt0248603
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01310 PAPIN ST 203
IRS990/USAddress/CityNm0ST LOUIS
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd063103
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY GARRETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03143491388
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KIPP ST LOUIS FACILITIES FUND
ReturnHeader/Filer/BusinessNameControlTxt0KIPP
ReturnHeader/Filer/EIN0821332346
ReturnHeader/Filer/PhoneNum03143491388
ReturnHeader/Filer/USAddress/AddressLine1Txt01310 PAPIN ST 203
ReturnHeader/Filer/USAddress/CityNm0ST LOUIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO

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