Overview
What is Kipp Academy Charter School?
Kipp Academy Charter School is a New York-based educational institution, housing around 1,100 students from kindergarten to twelfth grade. The charter school, run by a team of 104 employees, is overseen by the New York State Board of Regents. Their mission is to create academically excellent schools in partnership with families and communities, preparing students with the necessary skills and confidence to pursue their chosen paths in life, be it college, career, or beyond. This nonprofit institution aims to contribute to a more just world by nurturing future generations.
Official website here: www.kippnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Kipp Academy Charter School has earned an 81% rating from Charity Navigator, which reflects a solid level of accountability and financial practices. The score is derived entirely from the Accountability & Finance beacon, highlighting the organization's commitment to transparency and responsible management of funds. This rating indicates that Kipp Academy excels in various governance metrics, including having a fully independent board and a robust conflict of interest policy.
Strengths of Kipp Academy include a high program expense ratio of 87.29%, which signifies that a significant portion of their resources is allocated directly to their educational programs. The organization also demonstrates strong internal controls, as evidenced by its comprehensive policies on whistleblower protection, document retention, and oversight measures. These practices contribute positively to their overall financial health and governance structure.
However, one limitation noted in the data is the liabilities to assets ratio, which stands at 198.07%. This figure suggests that the school has more liabilities than assets, potentially raising concerns about its financial stability. While the organization shows strength in governance and accountability, addressing this financial ratio may be important for future sustainability and growth.
This AI summary has been generated from information found on Charity Navigator.
Is Kipp Academy Charter School legitimate?
Kipp Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Academy Charter School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $428,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,309,406
For more financial information, click here
Official website here: www.kippnyc.org
What is the mission statement of Kipp Academy Charter School?
Kipp Academy Charter School's mission is to establish and manage a public charter school in collaboration with families and communities. Their goal is to create joyful learning environments that equip students with the necessary skills and confidence to pursue their chosen paths, be it college, career, or beyond, leading to fulfilling lives and contributing to a more just world. The school caters to approximately 1,100 students from kindergarten through twelfth grade.
Official website here: www.kippnyc.org
Who is the CEO of Kipp Academy Charter School?
Jim Manly is the Principal Officer of Kipp Academy Charter School.
Official website here: www.kippnyc.org
What is the revenue of Kipp Academy Charter School?
Kipp Academy Charter School's revenue in 2022 was $23,658,614.
Official website here: www.kippnyc.org
Who are the executives of Kipp Academy Charter School and what are their salaries?
The average compensation at Kipp Academy Charter School during 2022 was $122,481. There are 104 employees and 23 volunteers at Kipp Academy Charter School.
Here are 20 key members and their salaries:
- Compensation: $42,200
- Related: $300,333
- Other: $46,320
- Compensation: $0
- Related: $343,836
- Other: $12,719
- Compensation: $0
- Related: $275,037
- Other: $41,702
- Compensation: $47,849
- Related: $188,094
- Other: $44,126
- Compensation: $29,123
- Related: $203,862
- Other: $42,803
- Compensation: $42,650
- Related: $154,168
- Other: $36,686
- Compensation: $36,031
- Related: $130,242
- Other: $48,221
- Compensation: $19,714
- Related: $162,151
- Other: $30,506
- Compensation: $36,737
- Related: $132,795
- Other: $37,037
- Compensation: $35,048
- Related: $126,687
- Other: $39,680
- Compensation: $165,130
- Related: $0
- Other: $32,106
- Compensation: $0
- Related: $195,566
- Other: $30,578
- Compensation: $32,572
- Related: $117,740
- Other: $58,888
- Compensation: $32,361
- Related: $116,975
- Other: $38,220
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kippnyc.org
Where can I find the form 990 for Kipp Academy Charter School?
Kipp Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kippnyc.org
Learn more at the official website: www.kippnyc.org
Mission Statement of Kipp Academy Charter School
Kipp Academy Charter School, a publicly chartered educational institution in New York state, is committed to creating joyful learning environments that equip students with the necessary skills and confidence to pursue their desired paths in life. In collaboration with families and communities, this esteemed institution strives to cultivate academically excellent schools that cater to around 1,100 students from kindergarten through twelfth grade. The ultimate goal is to prepare these students for successful futures, whether they choose to pursue higher education, enter the workforce, or embark on other ventures, enabling them to contribute positively to society and foster a more just world.
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Impact
October, 2024
KIPP Academy Charter School has made a significant impact in the lives of its approximately 1,100 students from kindergarten through grade 12 in New York City. By focusing on creating academically excellent and joyful learning environments, KIPP fosters the skills and confidence necessary for students to succeed in their chosen paths, whether that be college, career, or other life pursuits.
The school emphasizes collaboration with families and the broader community, ensuring that education is a collective effort that resonates with the needs and values of those it serves. This holistic approach not only enhances educational outcomes but also empowers students to lead fulfilling lives and contribute to a more just society. Through its commitment to academic excellence, KIPP Academy is shaping the futures of its students, providing them with tools and opportunities to create positive change in their own lives and the world around them.
This information is meant to be a general summary of Kipp Academy Charter School. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $20,027,188
- Gross Receipts: $23,658,614
Assets and Liabilities:
- Total Assets: $3,116,286
- Total Liabilities: $6,267,332
- Net Assets: -$3,151,046
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE/LOCAL PER PUPIL REVENUE
Revenue
$20,008,696
STUDENT ACTIVITIES
Revenue
$18,492
Organization Details
Founding Year
1995
Phone
(212) 991-2600Principal Officer
Jim Manly
Main Address
250 EAST 156TH STREET 4TH FLOOR, NEW YORK, NY, 104514722
Website
www.kippnyc.orgNTEE Category
Code: B250 - Education
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