Overview
What is Kipp Enc Public Schools?
KIPP ENC Public Schools is a North Carolina-based nonprofit organization that manages three publicly funded charter schools. They are responsible for providing facilities, teachers, materials, and education to students. With a team of 358 employees, their mission is centered around the operation of North Carolina charter schools.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
Kipp Enc Public Schools has received a Two-Star rating from Charity Navigator, reflecting a mixed performance in accountability and finance. The organization excels in governance with a fully independent board and effective financial oversight, indicated by perfect scores in areas such as independent board size, conflict of interest policies, and audit of financial statements.
However, the nonprofit struggles with its financial ratios, particularly the liabilities to assets ratio, which received a low score. This suggests a higher level of liabilities in relation to its assets, potentially raising concerns about financial stability. Additionally, while the program expense ratio indicates that a good portion of funding is directed toward its programs, there is room for improvement to enhance its overall financial health.
Overall, while Kipp Enc Public Schools demonstrates strong governance and accountability practices, it faces challenges in financial management that could impact its long-term sustainability and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kipp Enc Public Schools legitimate?
Kipp Enc Public Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Enc Public 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: $571,093
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,560,207
For more financial information, click here
What is the mission statement of Kipp Enc Public Schools?
Kipp Enc Public Schools is dedicated to the operation of North Carolina public charter schools. Through this mission, they provide essential facilities, teaching staff, educational materials, and instruction to students. The schools under Kipp Enc's management are publicly funded, ensuring accessibility to all. The organization's primary goal is to deliver a quality education to its students, enhancing their opportunities for future success. Additionally, Kipp Enc Public Schools may collaborate with various educational and community organizations to broaden the scope of their educational offerings and improve overall student outcomes.
Who is the CEO of Kipp Enc Public Schools?
Michael Stimpfel is the Chair of Kipp Enc Public Schools. The CEO's salary of Kipp Enc Public Schools is $109,000 and their total compensation is $208,492.
What is the revenue of Kipp Enc Public Schools?
Kipp Enc Public Schools's revenue in 2022 was $37,517,125.
Who are the executives of Kipp Enc Public Schools and what are their salaries?
The average compensation at Kipp Enc Public Schools during 2022 was $36,680. There are 358 employees and 100 volunteers at Kipp Enc Public Schools.
Here are 15 key members and their salaries (Kipp Enc Public Schools's CEO's salary is $109,000 and their total compensation is $208,492):
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- Compensation: $109,000
- Related: $99,492
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- Compensation: $83,505
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- Compensation: $75,293
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- Compensation: $86,133
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- Compensation: $82,064
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Where can I find the form 990 for Kipp Enc Public Schools?
Kipp Enc Public Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kipp Enc Public Schools
Kipp Enc Public Schools, a North Carolina-based nonprofit organization, is dedicated to the operation of publicly funded charter schools. This mission extends to providing essential facilities, hiring competent teachers, procuring necessary materials, and delivering quality education to the student body. In simpler terms, Kipp Enc Public Schools works tirelessly to ensure the successful functioning of three charter schools within the state. By assuming responsibility for these institutions, Kipp Enc Public Schools plays a significant role in shaping the educational landscape and enriching the lives of North Carolina students.
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Impact
October, 2024
KIPP ENC Public Schools significantly impacts the educational landscape of North Carolina by operating three publicly funded charter schools in Gaston. By providing essential resources such as facilities, teachers, and educational materials, KIPP ENC enhances the quality of education for its students. The schools are committed to fostering an environment that supports academic achievement and personal growth, enabling students to thrive and prepare for future success. Through its dedicated approach to education, KIPP ENC aims to bridge educational gaps and empower students, ultimately contributing to stronger communities in North Carolina.
This information is meant to be a general summary of Kipp Enc Public 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: $6,924
- Program Service Revenue: $240,095
- Gross Receipts: $37,517,125
Assets and Liabilities:
- Total Assets: $38,149,898
- Total Liabilities: $27,381,719
- Net Assets: $10,768,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Child Care
Revenue
$225,599
Food Service
Revenue
$14,496
Organization Details
Founding Year
2001
Phone
(252) 308-6932Principal Officer
Michael Stimpfel
Main Address
320 PLEASANT HILL ROAD, GASTON, NC, 27832
NTEE Category
Code: B29 - Education
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