Overview
What is Kipp Chicago Schools?
Kipp Chicago Schools is a network of free, open-enrollment public charter schools in Chicago, providing a college-preparatory education to students from underprivileged communities. With approximately 3,300 students in four primary and four middle schools, located in Austin, Englewood, Humboldt Park, and North Lawndale, Kipp Chicago Schools extends its support to over 1,000 alumni through its Kipp Through College program. Exhibiting impressive results surpassing local averages, 91% of alumni have completed high school and 81% have enrolled in college. The team at Kipp Chicago Schools is dedicated to fostering character and essential academic skills in students, enabling them to succeed in higher education and instilling a passion to make a positive impact on the world.
Official website here: www.kippchicago.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Kipp Chicago Schools has achieved a commendable Four-Star rating from Charity Navigator, signifying a high level of accountability and financial health. The organization has excelled particularly in its financial oversight, having an impressive 82.28% of its expenses allocated to programs, which indicates a strong commitment to its mission and effective use of resources.
The nonprofit demonstrates robust governance with 85% of its board members being independent, reflecting a commitment to transparency and ethical oversight. Furthermore, it has established comprehensive policies for conflict of interest, whistleblower protections, and document retention, showcasing a strong framework for accountability.
While the score is derived solely from accountability and finance metrics, which are highly favorable, there are no noted weaknesses or limitations in the data provided. This strong performance suggests that Kipp Chicago Schools is effectively managing its resources and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Kipp Chicago Schools legitimate?
Kipp Chicago Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Chicago Schools 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: $460,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,265,249
For more financial information, click here
Official website here: www.kippchicago.org
What is the mission statement of Kipp Chicago Schools?
Kipp Chicago Schools is dedicated to establishing a network of top-tier schools in Chicago that empower students from underprivileged communities with the necessary character and academic skills to thrive in college and beyond. The mission of Kipp Chicago Schools is to instill in students a strong desire to make a positive impact on the world. Presently, Kipp Chicago Schools cater to approximately 3,300 students across four primary and four middle schools. Their impressive track record reflects that 91% of alumni have successfully completed high school, and 81% have enrolled in college. Kipp Chicago Schools aspire to expand their influence in Chicago and continue inspiring academic and personal growth in their students.
Official website here: www.kippchicago.org
Who is the CEO of Kipp Chicago Schools?
Benjamin Chereskin is the President of Kipp Chicago Schools.
Official website here: www.kippchicago.org
What is the revenue of Kipp Chicago Schools?
Kipp Chicago Schools's revenue in 2022 was $46,386,197.
Official website here: www.kippchicago.org
Who are the executives of Kipp Chicago Schools and what are their salaries?
The average compensation at Kipp Chicago Schools during 2022 was $58,385. There are 492 employees and 24 volunteers at Kipp Chicago Schools.
Here are 13 key members and their salaries:
- Compensation: $227,982
- Related: $0
- Other: $11,413
- Compensation: $194,920
- Related: $0
- Other: $21,229
- Compensation: $189,158
- Related: $0
- Other: $11,355
- Compensation: $169,148
- Related: $0
- Other: $21,347
- Compensation: $178,659
- Related: $0
- Other: $9,611
- Compensation: $171,084
- Related: $0
- Other: $15,806
- Compensation: $161,743
- Related: $0
- Other: $15,383
- 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.kippchicago.org
Where can I find the form 990 for Kipp Chicago Schools?
Kipp Chicago Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kippchicago.org
Learn more at the official website: www.kippchicago.org
Mission Statement of Kipp Chicago Schools
Kipp Chicago Schools, a network of public charter schools, is dedicated to creating a robust education system in Chicago that instills essential character and academic skills in students from underprivileged communities. With a mission to prepare students for college success and instill in them a desire to make a positive impact on the world, Kipp Chicago Schools currently serves approximately 3,300 students across four primary and four middle schools in Austin, Englewood, Humboldt Park, and North Lawndale.
In addition to fostering academic growth, Kipp Chicago Schools prides itself on supporting its alumni through the Kipp Through College program. Far surpassing local averages, 91% of Kipp Chicago Schools alumni have completed high school, and 81% have enrolled in college. The organization's unwavering commitment to empowering its students extends beyond the classroom, as it aspires to expand its reach and influence in Chicago.
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Impact
October, 2024
KIPP Chicago Schools has a significant impact on the educational landscape of Chicago, particularly in underserved communities. Serving approximately 3,300 students across eight schools in neighborhoods such as Austin, Englewood, Humboldt Park, and North Lawndale, KIPP offers a college preparatory curriculum that emphasizes both academic skills and character development.
One of its most noteworthy achievements is the success of its alumni. With a graduation rate of 91% for high school and 81% matriculating to college, KIPP Chicago Schools far exceeds local norms, demonstrating its effectiveness in preparing students for higher education.
Beyond academics, KIPP Chicago Schools instills a commitment to community and social change, fostering future leaders who are equipped not only to succeed personally but also to contribute positively to society. The organization aims to further expand its influence and reach, with aspirations to continue enhancing the educational opportunities available to young people in Chicago.
This information is meant to be a general summary of Kipp Chicago Schools. 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.
- Investment Income: $55,362
- Program Service Revenue: $96,818
- Gross Receipts: $48,056,804
Assets and Liabilities:
- Total Assets: $9,199,366
- Total Liabilities: $2,641,224
- Net Assets: $6,558,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES
Revenue
$96,818
Organization Details
Founding Year
2003
Phone
(312) 733-8108Principal Officer
Benjamin Chereskin
Main Address
2007 S HALSTED STREET, CHICAGO, IL, 60608
Website
www.kippchicago.orgNTEE Category
Code: B29 - Education
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