Overview
What is Kipp Dc Supporting Corp?
Kipp Dc Supporting Corp is a nonprofit organization, established with educational and charitable intentions, located at 2600 Virginia Avenue NW, Washington DC 20037. Its primary objective is to support Kipp Dc Public Charter Schools, specifically their teacher retention initiative, aimed at retaining top-tier teachers within their schools. The corporation also raises funds for the school's mission, manages assets to reduce costs, and pursues additional purposes that further the objectives of Kipp Dc Public Charter Schools, as permitted by the Internal Revenue Code.
Is Kipp Dc Supporting Corp legitimate?
Kipp Dc Supporting Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Dc Supporting Corp 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
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What is the mission statement of Kipp Dc Supporting Corp?
Kipp Dc Supporting Corp is established with educational and charitable objectives, falling under Section 501(C)(3) of the Internal Revenue Code. Its primary purpose is to raise funds for and support the mission of Kipp Dc Pcs. Additionally, the corporation acquires, holds, and manages assets for Kipp Dc Pcs to lower costs or improve efficiency. Lastly, it pursues any other purposes that a nonprofit corporation can legally undertake, provided they further the primary objectives of providing funds and asset management for Kipp Dc Pcs.
Who is the CEO of Kipp Dc Supporting Corp?
Susan Schaeffler is the Principal Officer of Kipp Dc Supporting Corp.
What is the revenue of Kipp Dc Supporting Corp?
Kipp Dc Supporting Corp's revenue in 2022 was $2,901,031.
Who are the executives of Kipp Dc Supporting Corp and what are their salaries?
There 5 volunteers at Kipp Dc Supporting Corp.
Here are 7 key members and their salaries:
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- Related: $272,857
- Other: $31,470
- Compensation: $0
- Related: $305,225
- Other: $17,599
Where can I find the form 990 for Kipp Dc Supporting Corp?
Kipp Dc Supporting Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kipp Dc Supporting Corp
Kipp D.C. Supporting Corp is dedicated to serving educational and charitable purposes, as defined by sections 501(C)(3) and 170(C)(2) of the Internal Revenue Code. Its primary objectives involve raising funds to support and enhance the mission of Kipp D.C. PCS, acquiring and managing assets to reduce costs or improve efficiency for the organization, and pursuing any additional purposes that align with these objectives, as long as they further the aforementioned purposes. In essence, Kipp D.C. Supporting Corp operates with the primary aim of providing financial and resource support to enhance the educational mission of Kipp D.C. PCS, ensuring that it operates effectively and efficiently.
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Impact
October, 2024
KIPP DC Supporting Corp plays a crucial role in enhancing the educational landscape in Washington, DC, primarily through its support of KIPP DC Public Charter Schools. By raising funds that directly benefit the schools, KIPP DC Supporting Corp enables the implementation of initiatives that improve educational outcomes for students. One of its key focuses is on teacher retention, specifically aiming to keep experienced and effective lead teachers at KIPP DC schools. This commitment to strong faculty not only enhances the quality of education but also fosters a stable learning environment for students.
Additionally, by acquiring and managing assets, KIPP DC Supporting Corp can help reduce operational costs and enhance efficiencies for the KIPP DC schools. This strategic approach maximizes the impact of financial resources, allowing for more investment in educational programs and student services. Overall, KIPP DC Supporting Corp significantly contributes to the mission of KIPP DC by ensuring that schools are well-supported and equipped to deliver high-quality education to their students.
This information is meant to be a general summary of Kipp Dc Supporting Corp. 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: $134,389
- Gross Receipts: $2,901,031
Assets and Liabilities:
- Total Assets: $9,282,889
- Total Liabilities: $396,711
- Net Assets: $8,886,178
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Organization Details
Founding Year
2014
Phone
(202) 265-5477Principal Officer
Susan Schaeffler
Main Address
2600 VIRGINIA AVENUE NW 900, WASHINGTON, DC, 20037
NTEE Category
Code: B99 - Education
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