Overview
What is Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation?
Kipp Cooper Norcross Inc, a New Jersey-based nonprofit corporation, is dedicated to charitable and educational pursuits as defined by Section 501(c)(3) of the IRS Revenue Code of 1986. Their primary focus is on operating nonprofit educational institutions within New Jersey. This includes, but is not limited to, running a Renaissance school or schools. The organization's mission is to make a difference in the state by providing top-notch educational opportunities. With a workforce of 399 employees, Kipp Cooper Norcross Inc strives to create a positive impact on the community through its educational initiatives.
Official website here: www.kippnj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Kipp Cooper Norcross Inc has received a Three-Star rating from Charity Navigator, indicating a generally positive evaluation based on its accountability and finance practices. The charity scored highly in areas such as having a majority of independent board members and maintaining comprehensive financial oversight, which suggests a commitment to fiscal responsibility and governance.
The organization demonstrates effective financial management with a program expense ratio of 75.51%, indicating that a significant portion of its expenses go directly towards its programs. Key personnel salaries appear to be substantial but are consistent with leadership positions in educational nonprofits. While the high liabilities-to-assets ratio of 97.49% raises questions regarding financial stability, the absence of material asset diversion and robust conflict of interest policies reflect strong ethical practices.
Overall, while Kipp Cooper Norcross Inc has strengths in governance and effective program spending, potential donors may want to consider the implications of its financial ratios. The organization’s transparency and accountability measures are commendable, but the financial health indicated by the liabilities may require further scrutiny.
This AI summary has been generated from information found on Charity Navigator.
Is Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation legitimate?
Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation 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: $20,833,043
For more financial information, click here
Official website here: www.kippnj.org
What is the mission statement of Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation?
Kipp Cooper Norcross Inc is a New Jersey-based nonprofit organization committed to charitable and educational pursuits. In line with Section 501(C)(3) of the IRS Revenue Code of 1986, this corporation operates exclusively to manage nonprofit educational institutions within New Jersey. The institutions it oversees may include, but are not limited to, a Renaissance school or schools. The mission of Kipp Cooper Norcross Inc is geared towards improving educational opportunities for the community through the operation of these institutions. The organization deals with various aspects related to these endeavors.
Official website here: www.kippnj.org
Who is the CEO of Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation?
Steven Small is the President of Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation.
Official website here: www.kippnj.org
What is the revenue of Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation?
Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation's revenue in 2022 was $52,820,020.
Official website here: www.kippnj.org
Who are the executives of Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation and what are their salaries?
The average compensation at Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation during 2022 was $52,213. There are 399 employees and 9 volunteers at Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation.
Here are 17 key members and their salaries:
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- Compensation: $203,445
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- Compensation: $181,538
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- Other: $7,115
- Compensation: $158,918
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- Other: $2,938
- Compensation: $145,465
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- Other: $1,500
- Compensation: $129,120
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- Other: $1,300
Official website here: www.kippnj.org
Where can I find the form 990 for Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation?
Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kippnj.org
Learn more at the official website: www.kippnj.org
Mission Statement of Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation
Kipp Cooper Norcross Inc, a New Jersey-based nonprofit corporation, is dedicated to charitable and educational pursuits as defined by Section 501(c)(3) of the IRS Revenue Code of 1986. The organization's primary mission is to establish and manage nonprofit educational institutions within New Jersey. These institutions may include, but are not limited to, a Renaissance school or schools. The corporation's objectives are multifaceted, with a focus on creating learning environments that contribute positively to the community.
Through its educational initiatives, Kipp Cooper Norcross Inc aspires to make a difference in the lives of students, fostering growth and development. The nonprofit's vision encompasses more than just the operation of schools; it extends to dealing with various matters related to education within New Jersey. Through its charitable endeavors, the organization seeks to create opportunities for learners to thrive and reach their full potential. As a responsible and committed organization, Kipp Cooper Norcross Inc is dedicated to making a positive impact on the educational landscape of New Jersey.
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Impact
October, 2024
Kipp Cooper Norcross Inc plays a vital role in enhancing educational opportunities within New Jersey. By focusing on charitable and educational purposes, it operates educational institutions, including Renaissance schools, that aim to provide quality education to students in the area.
These institutions focus on fostering a comprehensive learning environment that equips students with the necessary skills and knowledge to succeed. The organization's initiatives likely contribute to improved educational outcomes, promote community engagement, and help bridge educational gaps in underserved populations. By prioritizing educational equity, Kipp Cooper Norcross Inc not only impacts individual students but also strengthens the broader community, creating a positive ripple effect for families and local residents.
Through its commitment to education, the organization plays a significant role in shaping future generations, empowering them to pursue their aspirations and positively influence society.
This information is meant to be a general summary of Kipp Cooper Norcross Inc A New Jersey Nonprofit Corporation. 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: $196
- Program Service Revenue: $30,000
- Gross Receipts: $52,820,020
Assets and Liabilities:
- Total Assets: $149,839,961
- Total Liabilities: $146,661,980
- Net Assets: $3,177,981
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD SERVICE
Revenue
$30,000
Organization Details
Founding Year
2012
Phone
(973) 705-3209Principal Officer
Steven Small
Main Address
60 PARK PLACE 802, NEWARK, NJ, 07102
Website
www.kippnj.orgNTEE Category
Code: B20 - Education
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