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Kbare

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

EIN: 320495553 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kbare?

Kbare is a nonprofit corporation established primarily to financially support and manage certain school facilities for KIPP Bay Area Schools. Its mission involves financing, developing, leasing, and maintaining these educational facilities to ensure KIPP Bay Area Schools have suitable learning environments. As a nonprofit organization, Kbare operates within Oakland, California, contributing to the education sector by supporting KIPP Bay Area Schools.

Is Kbare legitimate?

Kbare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kbare 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: $0

For more financial information, click here

What is the mission statement of Kbare?

Kbare, a non-profit corporation, was established with the primary objective of financially supporting and maintaining certain facilities for KIPP Bay Area Schools. Its mission is to facilitate the development, leasing, and upkeep of these educational structures, thereby ensuring the continued operation and growth of the KIPP Bay Area Schools. The organization's main purpose is to provide the necessary resources to create and maintain a conducive learning environment for the students attending these schools. By doing so, Kbare contributes to the overall success and well-being of KIPP Bay Area Schools.

Who is the CEO of Kbare?

Gary Gibbs is the President of Kbare.

What is the revenue of Kbare?

Kbare's revenue in 2022 was $2,222,585.

Who are the executives of Kbare and what are their salaries?

There 4 volunteers at Kbare.


Here are 4 key members and their salaries:


Nolan Highbaugh (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Gibbs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Intrater (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Paulson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kbare?

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

Mission Statement of Kbare

Kbare, a non-profit corporation, was established with a specific purpose: to support KIPP Bay Area Schools. This mission is accomplished through financing, developing, leasing, and maintaining certain school facilities. By carrying out these tasks, Kbare plays a crucial role in ensuring that KIPP Bay Area Schools have the necessary resources to provide quality education to their students. This non-profit organization's work is instrumental in supporting the growth and success of these schools, ultimately benefiting the students and the community as a whole.

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Impact




October, 2024

Kbare plays a crucial role in enhancing the educational landscape within the KIPP Bay Area Schools by financing, developing, leasing, and maintaining essential school facilities. This support directly contributes to creating a conducive learning environment for students, which is vital for their academic success and overall well-being.

By focusing on the infrastructure necessary for effective education, Kbare ensures that KIPP Bay Area Schools can provide high-quality educational experiences to their students. This involvement not only addresses immediate facility needs but also fosters long-term sustainability and growth for the schools, enabling them to expand their reach and impact in the community.

Through its efforts, Kbare enhances access to quality education, directly benefiting students, families, and the broader Oakland community. This commitment to supporting education translates into improved educational outcomes, empowering students to achieve their academic goals and ultimately contributing to a more educated and engaged society.




This information is meant to be a general summary of Kbare. 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
$2,222,585 (2022)
Expenses
$2,409,352 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,655
  • Program Service Revenue: $2,214,930
  • Gross Receipts: $2,222,585

Assets and Liabilities:

  • Total Assets: $81,855,634
  • Total Liabilities: $80,605,684
  • Net Assets: $1,249,950

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Programs

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

RENTAL INCOME

Revenue

$2,214,930

Organization Details

Founding Year

2016

Principal Officer

Gary Gibbs

Main Address

1000 BROADWAY STE 460, OAKLAND, CA, 94607

NTEE Category

Code: B19 - Education

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