Civic Intelligence

Kipp St. Louis Facilities Fund

990 • Fiscal year 2018 • EIN 82-1332346

Jul 01, 2017 to Jun 30, 2018 • Filed on May 11, 2019

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

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

100th percentile

99.77x

Higher debt load relative to revenue than 100% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

39th percentile

-0.2%

Higher net margin than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$233,291

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 571.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

50th percentile

1.0%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

630%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,075,576

Up $40,780 (+1.0%) from 2017

Net Assets

Down

-$72

Down $72 from 2017

Liabilities

Up

$4,075,648

Up $40,852 (+1.0%) from 2017

Revenue

Up

$40,852

Up $35,256 (+630%) from 2017

Expenses

Up

$40,924

Up $35,328 (+631%) from 2017

Net Income

Down

-$72

Down $72 from 2017

Historical Trend

Balance Sheet Trend

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

$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

2018

Assets$4,075,576
Liabilities$4,075,648
Net Assets-$72

Operations Trend

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

2018

Revenue$40,852
Expenses$40,924
Net Income-$72
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 11, 2019
Return Version
2017v2.3
Gross Receipts
$40,852
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 middle school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,029,200$4,029,200→ $0
Cash and Non-Interest-Bearing Accounts$5,596$46,376▲ $40,780
Total Assets$4,034,796$4,075,576▲ $40,780
Liabilities
Other Liabilities$4,034,796$4,075,648▲ $40,852
Total Liabilities$4,034,796$4,075,648▲ $40,852
Net Assets / Fund Balance
Unrestricted Net Assets-$-72-
Total Net Assets Fund Balance$0$-72▼ $72
Total Liabilities and Net Assets / Fund Balance$4,034,796$4,075,576▲ $40,780
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelly GarrettChairman
Norie Pride-womackSecretary
Paul FedchakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$40,852
Other Revenue
$0
Change in Net Assets
$-72
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,924
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-$40,852-$40,852
Fees for Services Other-$72-$72
Total Functional Expenses$0$40,924$0$40,924
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 - the Fund for Kipp St. Louis$4,075,648
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 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 NO 203, ST LOUIS, MO 63103

Signing Officer

Name
Kelly Garrett
Title
Executive Director
Phone
3143491388
Signed
2019-05-11
Discuss with paid preparer
Yes

Organization Details

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

Preparer

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

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 Appendix396 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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY - THE FUND FOR KIPP ST. LOUIS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0KIPP 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0KIPP ST. LOUIS PAID $157,274 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 EMPLOYES 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/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/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/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04034796
IRS990/TotalAssetsEOYAmt04075576
IRS990/TotalAssetsGrp/BOYAmt04034796
IRS990/TotalAssetsGrp/EOYAmt04075576
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040924
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt040924
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04034796
IRS990/TotalLiabilitiesEOYAmt04075648
IRS990/TotalLiabilitiesGrp/BOYAmt04034796
IRS990/TotalLiabilitiesGrp/EOYAmt04075648
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-72
IRS990/TotalOtherCompensationAmt080440
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt040852
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt040852
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04034796
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04075576
IRS990/TotReportableCompRltdOrgAmt0306563
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-72
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01310 PAPIN ST NO 203
IRS990/USAddress/CityNm0ST LOUIS
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd063103
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY GARRETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03143491388
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KIPP ST LOUIS FACILITIES FUND
ReturnHeader/Filer/BusinessNameControlTxt0KIPP
ReturnHeader/Filer/EIN0821332346
ReturnHeader/Filer/PhoneNum03143491388
ReturnHeader/Filer/USAddress/AddressLine1Txt01310 PAPIN ST NO 203
ReturnHeader/Filer/USAddress/CityNm0ST LOUIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd063103
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A5FDF1FC09E157DD75C6FF319BE9CF5C3C682E69
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0394DCAB784C7DF6A7C53B53B9C13B04F8E73CC04
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId0436327201813403c1e41
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-05-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.104.162.34
ReturnHeader/FilingSecurityInformation/IPDt02019-05-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:31:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430352985
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KERBER ECK & BRAECKEL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE SOUTH MEMORIAL DR STE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT LOUIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063102
ReturnHeader/PreparerPersonGrp/PhoneNum03142316232
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE ECKHARD CPA
ReturnHeader/ReturnTs02019-05-14T10:52:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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