Overview
What is Kipp Nyc Facility Holdings Inc?
Kipp Nyc Facility Holdings Inc is a nonprofit organization situated in New York City, specifically at 1501 BROADWAY 1000, New York, NY 10036. Its primary mission is to support high-performing charter schools operating under the KIPP name in New York City (NYC). This support involves developing, managing, and leasing public school facilities to ensure adequate educational spaces are available. By fostering collaborative relationships with the City of New York, Kipp Nyc Facility Holdings Inc contributes to the availability of suitable facilities for these schools, thereby contributing to the educational landscape in NYC.
Official website here: www.kippnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
KIPP NYC Facility Holdings Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The charity scored 96% overall, with a perfect score in several key areas, including its independent board composition and thorough financial oversight. This level of transparency is critical for ensuring donor trust and effective organizational management.
The organization boasts a fully independent board, fulfilling governance best practices, which is an essential strength highlighted in its rating. Additionally, the charity achieves an impressive program expense ratio of 85.19%, demonstrating a significant commitment to its mission and effective allocation of resources toward programmatic activities rather than administrative costs.
Despite its strengths, the rating primarily reflects financial accountability, and there are no noted limitations in the available data. This positive evaluation indicates that KIPP NYC Facility Holdings Inc is well-managed and dedicated to fulfilling its charitable purpose.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Kipp Nyc Facility Holdings Inc?
96% of reviewers on Facebook recommend Kipp NYC Facility Holdings Inc. Here’s a quick overview of their insights:
Many participants express a deep sense of satisfaction with being part of the KIPP community, highlighting the supportive environment and strong sense of belonging fostered by the organization. The positive sentiment reflects appreciation for the opportunities and resources provided, indicating that KIPP really delivers on its commitment to empowering individuals.
Overall, there is a strong endorsement for the services rendered, with individuals feeling that their involvement contributes positively to their lives and communities. The consistent admiration within the reviews showcases KIPP's effectiveness in fostering a family-like atmosphere that is warmly received by many.
This AI summary has been generated from reviews found on Facebook.
Is Kipp Nyc Facility Holdings Inc legitimate?
Kipp Nyc Facility Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Nyc Facility Holdings 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: $0
For more financial information, click here
Official website here: www.kippnyc.org
What is the mission statement of Kipp Nyc Facility Holdings Inc?
Kipp NYC Facility Holdings Inc's primary mission is to develop, manage, and lease public school facilities specifically for high-performing charter schools operating under the KIPP name in New York City. The organization aims to foster strong relationships with the city to ensure that these schools have sufficient facilities. By doing so, they contribute to the availability of quality educational environments for students enrolled in KIPP schools. Additionally, they work towards strengthening the infrastructure that supports these educational institutions.
Official website here: www.kippnyc.org
Who is the CEO of Kipp Nyc Facility Holdings Inc?
Alicia Johnson is the Coo of Kipp Nyc Facility Holdings Inc.
Official website here: www.kippnyc.org
What is the revenue of Kipp Nyc Facility Holdings Inc?
Kipp Nyc Facility Holdings Inc's revenue in 2022 was $1,113,570.
Official website here: www.kippnyc.org
Who are the executives of Kipp Nyc Facility Holdings Inc and what are their salaries?
There 3 volunteers at Kipp Nyc Facility Holdings Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $343,836
- Other: $12,719
- Compensation: $0
- Related: $275,037
- Other: $41,702
- Compensation: $0
- Related: $227,269
- Other: $29,547
- Compensation: $0
- Related: $170,533
- Other: $29,747
- 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 Nyc Facility Holdings Inc?
Kipp Nyc Facility Holdings Inc'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 Nyc Facility Holdings Inc
Kipp NYC Facility Holdings Inc is dedicated to advancing the development, management, and leasing of public school facilities to support high-performing KIPP charter schools in New York City. The organization's primary mission is to strengthen its ties with the City of New York, ensuring that these schools have access to suitable facilities under the Knowledge is Power Program (KIPP) name. By managing and leasing these facilities, Kipp NYC Facility Holdings Inc contributes to the provision of a conducive learning environment for students, thereby promoting educational excellence in the city.
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Impact
July, 2024
KIPP NYC Facility Holdings Inc's impact lies in its dedication to developing, managing, and leasing public school facilities for KIPP schools in New York City. By ensuring that high-performing charter schools operating under the KIPP name have adequate facilities available, the organization plays a crucial role in supporting the education and growth of students in the city. By fostering relationships with the City of New York, KIPP NYC Facility Holdings Inc contributes to creating a positive environment for learning and academic achievement.
This information is meant to be a general summary of Kipp Nyc Facility Holdings 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,113,570
- Gross Receipts: $1,113,570
Assets and Liabilities:
- Total Assets: $30,740,634
- Total Liabilities: $17,006,958
- Net Assets: $13,733,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$1,113,570
Organization Details
Founding Year
2013
Phone
(917) 969-0284Principal Officer
Alicia Johnson
Main Address
1501 BROADWAY 1000, NEW YORK, NY, 10036
Website
www.kippnyc.orgNTEE Category
Code: B19 - Education
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