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Kipp Jacksonville Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264046741 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Kipp Jacksonville Inc?

Kipp Jacksonville Inc is a Florida-based nonprofit organization situated at 1440 Mcduff Avenue N, Jacksonville. They specialize in operating a free, open-enrollment public charter school for students in grades K-8. The primary mission of this corporation is to prepare students with essential academic and character skills, empowering them for success in college and their future lives. With a workforce of 336 employees, Kipp Jacksonville Inc is committed to nurturing young minds in Florida, fostering academic growth and moral development.


Official website here: www.kipp.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 80% (Three-Star out of Four Star Rating)

Kipp Jacksonville Inc has received an overall rating of 80%, indicating a solid performance in accountability and finance. The charity boasts a perfect score for having a majority independent board, showcasing strong governance practices. Additionally, it has comprehensive policies in place, such as conflict of interest and whistleblower policies, which enhance its transparency and ethical standards.

One of the highlights of Kipp Jacksonville Inc's financial management is its strong audit and oversight committee, along with no recorded material diversion of assets, which suggests a reliable handling of funds. However, while the organization demonstrates good financial practices, its program expense ratio is somewhat lower at 57.08%, which may indicate room for improvement in directing a higher percentage of its expenses towards its core programs.

Overall, while Kipp Jacksonville Inc has shown commendable accountability and governance, potential donors may want to consider its program expense ratio when evaluating the charity's impact. The organization appears to be committed to maintaining transparency and financial health, which are positive indicators for its future operations.


This AI summary has been generated from information found on Charity Navigator.

Is Kipp Jacksonville Inc legitimate?

Kipp Jacksonville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Jacksonville Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,876,673

For more financial information, click here


Official website here: www.kipp.org

What is the mission statement of Kipp Jacksonville Inc?

Kipp Jacksonville Inc is dedicated to operating one or more public charter schools in Florida, focused on preparing students for college and future success. Their mission is to equip students with essential academic and character skills. The organization operates a free, open-enrollment public charter school for students in grades K-8, aiming to provide them with the necessary tools for academic achievement and personal growth. Through innovative teaching methods and a supportive learning environment, Kipp Jacksonville Inc nurtures well-rounded individuals, empowering them to reach their full potential.


Official website here: www.kipp.org

Who is the CEO of Kipp Jacksonville Inc?

Gary Chartrand is the Chairman of Kipp Jacksonville Inc.


Official website here: www.kipp.org

What is the revenue of Kipp Jacksonville Inc?

Kipp Jacksonville Inc's revenue in 2022 was $29,130,836.


Official website here: www.kipp.org

Who are the executives of Kipp Jacksonville Inc and what are their salaries?

The average compensation at Kipp Jacksonville Inc during 2022 was $38,323. There are 336 employees at Kipp Jacksonville Inc.


Here are 12 key members and their salaries:


Gary Chartrand (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Edelman (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Barrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shana Brodnax (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Fountain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Norcross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Ketchum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Groover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Brown (Executive Di)
  • Compensation: $184,055
  • Related: $0
  • Other: $15,500
Archie L Bouie Ii (Coo)
  • Compensation: $104,268
  • Related: $0
  • Other: $5,199


Official website here: www.kipp.org

Where can I find the form 990 for Kipp Jacksonville Inc?

Kipp Jacksonville Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kipp.org

Learn more at the official website: www.kipp.org

Mission Statement of Kipp Jacksonville Inc

Kipp Jacksonville Inc, a nonprofit organization, is dedicated to operating one or more public charter schools in Florida with a mission to prepare students in grades K-8 for success in college and in life. The corporation's primary objective is to equip students with essential academic and character skills that will benefit them in their future academic pursuits and personal growth.

Kipp Jacksonville Inc goes beyond traditional education by focusing on the long-term development of its students. The organization believes that providing students with the necessary tools and resources to thrive academically and personally is crucial for their success. As a result, the corporation operates a free, open-enrollment public charter school, offering a nurturing and supportive educational environment where students can flourish.

In essence, Kipp Jacksonville Inc is more than just a school; it is a community built on the foundation of academic excellence and character development. The organization's commitment to its students' future is evident in its unwavering dedication to providing an exceptional education that not only meets but exceeds the expectations of its students and their families. By fostering a love for learning and instilling essential life skills, Kipp Jacksonville Inc sets its students on the path to a promising future.

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Impact




August, 2024

Kipp Jacksonville Inc's impact is significant in providing high-quality education to students in grades K-8 in Jacksonville, Florida. By operating a free, open-enrollment public charter school, the organization is preparing students with the academic and character skills necessary for success in college and in life. Through its mission to offer a rigorous educational program, Kipp Jacksonville Inc is helping to empower students with the tools they need to excel academically and personally.




This information is meant to be a general summary of Kipp Jacksonville Inc. 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.

Revenue
$29,130,836 (2022)
Expenses
$27,209,811 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $859
  • Program Service Revenue: $156,726
  • Gross Receipts: $29,130,836

Assets and Liabilities:

  • Total Assets: $26,061,175
  • Total Liabilities: $19,033,319
  • Net Assets: $7,027,856

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER REVENUES

Revenue

$156,726

Organization Details

Founding Year

2008

Principal Officer

Gary Chartrand

Main Address

1440 MCDUFF AVENUE N, JACKSONVILLE, FL, 322542035

NTEE Category

Code: B24 - Education

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