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Kipp Miami Inc

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

EIN: 814473475 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Kipp Miami Inc?

Kipp Miami Inc is a nonprofit organization located in Miami, Florida, with an address at 3000 NW 110th St. Established in 2018, it has expanded to operate four schools serving nearly 1,000 students in underprivileged areas between elementary and middle school. The mission of Kipp Miami is to create inspiring community schools that combat inequality and empower students to acquire essential knowledge, skills, character strengths, and habits to succeed in college and beyond, shaping their futures and making a positive impact on the world. The organization, employing 168 individuals, has recently built a new school building that will serve as the home for all four schools from the 2022-23 school year onwards.


Official website here: www.kippmiami.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 83% (Three-Star out of Four Star rating).

Kipp Miami Inc demonstrates strong accountability and finance practices, with an impressive program expense ratio of 82.56%, indicating a significant portion of funds goes directly to its programs. The organization boasts a fully independent board of directors, emphasizing transparency and governance, as reflected in its high scores across various accountability metrics.

The charity also excels in cultural and community engagement, scoring 97 out of 100 in this area. This suggests a strong commitment to fostering positive relationships and inclusive practices within the community it serves. The presence of well-defined policies, such as conflict of interest and whistleblower protections, further enhances its integrity and operational effectiveness.

While Kipp Miami Inc displays a solid overall performance, the ratings indicate that there is still room for improvement in its accountability and finance score, which stands at 81. Continued efforts to strengthen this aspect could elevate its overall impact and ensure sustained trust from donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Kipp Miami Inc legitimate?

Kipp Miami Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Miami 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: $9,602,541

For more financial information, click here


Official website here: www.kippmiami.org

What is the mission statement of Kipp Miami Inc?

Kipp Miami Inc strives to establish and maintain inspiring community schools that combat inequality by empowering students to acquire the necessary knowledge, skills, character strengths, and habits to succeed in college and beyond. Through their innovative educational model, Kipp Miami aims to shape the futures of students and positively impact the world. Since its inception, Kipp Miami has expanded to include four schools, serving nearly 1,000 students in underprivileged areas with an alternative education committed to their success. In alignment with their mission, Kipp Miami recently built a new school facility to accommodate all of their schools from the 2022-23 school year onwards.


Official website here: www.kippmiami.org

Who is the CEO of Kipp Miami Inc?

Monica Kress is the Principal Officer of Kipp Miami Inc.


Official website here: www.kippmiami.org

What is the revenue of Kipp Miami Inc?

Kipp Miami Inc's revenue in 2022 was $22,928,361.


Official website here: www.kippmiami.org

Who are the executives of Kipp Miami Inc and what are their salaries?

The average compensation at Kipp Miami Inc during 2022 was $57,158. There are 168 employees at Kipp Miami Inc.


Here are 12 key members and their salaries:


Bill Diggs (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Adan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeb Bush Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Dauman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Krauss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Quinlan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherelle Harden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herneshia Spurlock (Head Of Schools)
  • Compensation: $155,691
  • Related: $0
  • Other: $0
Michael Dearmas (Managing Director Of School)
  • Compensation: $140,439
  • Related: $0
  • Other: $0
Luis Nobriga (School Leader)
  • Compensation: $120,620
  • Related: $0
  • Other: $0
Kayla Johnson (School Leader)
  • Compensation: $119,588
  • Related: $0
  • Other: $0
Taylor Buck (School Leader)
  • Compensation: $119,036
  • Related: $0
  • Other: $0


Official website here: www.kippmiami.org

Where can I find the form 990 for Kipp Miami Inc?

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


Official website here: www.kippmiami.org

Learn more at the official website: www.kippmiami.org

Mission Statement of Kipp Miami Inc

Kipp Miami Inc, a prominent non-profit organization, is dedicated to establishing and maintaining inspiring community schools that combat inequality. Through its unique educational approach, Kipp Miami empowers students, primarily in underserved areas, to develop the essential knowledge, skills, character strengths, and habits necessary to thrive in college and beyond. By shaping their futures and positively impacting the world, Kipp Miami seeks to create a ripple effect of success.

Since its inception, Kipp Miami has expanded its reach, growing from a single founding school, Kipp Sunrise Academy, in 2018, to now serving nearly 1,000 students in total between elementary and middle school. The organization's unwavering commitment to student success has resulted in the construction of a new school building, which serves as the home for all four Kipp Miami schools from the 2022-23 school year onwards.

Equipped with innovative teaching methods and a nurturing learning environment, Kipp Miami schools challenge students to achieve their potential, going beyond traditional educational models. The organization's vision extends beyond the classroom, aiming to prepare students for college and instill in them a strong sense of personal responsibility and character, ensuring they become valuable contributors to society.

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Impact




October, 2024

KIPP Miami Inc significantly impacts the educational landscape by providing high-achieving and inspiring community schools designed to combat inequity in underserved areas. By empowering approximately 1,000 students across four schools, KIPP Miami equips them with the knowledge, skills, and character strengths necessary to succeed in college and beyond. The organization emphasizes not just academic achievement but also character development and personal growth, aiming to prepare students to shape their futures and positively influence the world around them.

Since opening its first school, KIPP Sunrise Academy, in July 2018, KIPP Miami has rapidly expanded, reflecting its commitment to offering innovative educational alternatives for families in the community. The recent construction of a new school building serves as a centralized home for all four schools, enhancing the resources and facilities available to students. This infrastructure development further strengthens KIPP Miami’s mission by fostering an environment conducive to advanced learning and collaboration.

Through its focus on personalized education and community engagement, KIPP Miami Inc plays a vital role in transforming the lives of students and contributing to the development of resilient, educated citizens who are equipped to navigate and impact their communities.




This information is meant to be a general summary of Kipp Miami 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.

Revenue
$22,928,361 (2022)
Expenses
$22,644,179 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $22,967,361

Assets and Liabilities:

  • Total Assets: $28,180,402
  • Total Liabilities: $21,374,065
  • Net Assets: $6,806,337

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Organization Details

Founding Year

2018

Principal Officer

Monica Kress

Main Address

3000 NW 110TH ST, MIAMI, FL, 33167

NTEE Category

Code: B29 - Education

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