Kipp Texas Inc

Organization Overview

Kipp Texas Inc is located in Houston, TX. The organization was established in 2003. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Kipp Texas Inc employed 4,632 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kipp Texas Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Kipp Texas Inc generated $396.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.8% each year . All expenses for the organization totaled $358.6m during the year ending 06/2021. While expenses have increased by 40.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

KIPP TEXAS PUBLIC SCHOOLS IS AN OPEN-ENROLLMENT, PUBLIC, TUITION-FREE CHARTER SCHOOL NETWORK OF 59 SCHOOLS WITH NEARLY 34,000 PRE-K-12 STUDENTS ACROSS THE STATE. TOGETHER WITH OUR FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE OUR STUDENTS TO PURSUE ANY PATH THEY CHOOSE COLLEGE, CAREER, AND BEYOND SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD.AN INTEGRAL PART OF THE KIPP TEXAS APPROACH IS KIPP FORWARD. KIPP FORWARD HONORS OUR PROMISE TO SUPPORT OUR ALUMNI TO AND THROUGH COLLEGE AND CAREER COMPLETION BY EMPOWERING ALUMNI TO CONTINUE TO USE THEIR KIPP-DEVELOPED SCHOLARLY HABITS, KNOWLEDGE, AND QUALITIES OF CHARACTER TO CONTINUE ADVANCING AND ENGAGING WITH OUR COMMUNITIES.TO LEARN MORE GO TO HTTPS://KIPPTEXAS.ORG/ABOUT/

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O KIPP TEXAS IS COMMITTED TO EQUITY IN EDUCATION WITH AN INSTRUCTIONAL PROGRAM IN WHICH STUDENTS WILL BE GIVEN THE OPPORTUNITY TO MASTER THE FUNDAMENTAL SKILLS OF READING, WRITING, LISTENING, SPEAKING, SPELLING, AND MATHEMATICS. OTHER FUNDAMENTAL LEARNING IN THE ARTS, LITERATURE, FOREIGN LANGUAGE, NATURAL SCIENCES, SOCIAL SCIENCES, PHYSICAL EDUCATION, AND COLLEGE AND CAREER READINESS SKILLS IS PROVIDED FOR ALL STUDENTS. RECOGNITION IS GIVEN AND PROVISIONS ARE MADE FOR THE INDIVIDUAL CAPABILITIES, CREATIVE TALENTS, NEEDS, AND INTERESTS OF EACH STUDENT. KIPP TEXAS STUDENTS GRADUATE COLLEGE AT A RATE FOUR TIMES HIGHER THAN THE NATIONAL AVERAGE FOR LOW-INCOME STUDENTS. KIPP TEXAS STUDENTS ENTER BY LOTTERY WITH NO TEST FOR ADMISSION AND NO SCREENING. APPROXIMATELY 86% OF OUR STUDENT POPULATION IS ECONOMICALLY DISADVANTAGED AND 38% ARE ENGLISH LANGUAGE LEARNERS.TO LEARN MORE GO TO HTTPS://KIPPTEXAS.ORG/


SEE SCHEDULE OAN INTEGRAL PART OF THE KIPP TEXAS APPROACH IS THE KIPP FORWARD PROGRAM, WHICH EMPOWERS KIPPSTERS TO LIVE A LIFE OF CHOICE THROUGH COLLEGE ACCESS AND CAREER EXPLORATION. KIPP FOWARD USES A DATA-DRIVEN APPROACH TO PROVIDE INDIVIDUALIZED COUNSELING AND PROGRAMMING TO SUPPORT STUDENTS AS THEY PREPARE FOR AND SELECT THE RIGHT COLLEGE AND CAREER BASED ON THEIR INTERESTS AND PASSIONS. AFTER HIGH SCHOOL, KIPP ADVISORS HELP ALUMNI NAVIGATE THE ACADEMIC, SOCIAL, AND FINANCIAL CHALLENGES THEY MIGHT ENCOUNTER WHILE IN COLLEGE OR PURSUING A CAREER. THROUGHOUT COLLEGE THERE ARE SEVERAL CRUCIAL MOMENTS THAT CAN PUT A STUDENT AT RISK OF LEAVING SCHOOL; CONVERSELY, THERE ARE SOME KEY BEHAVIORS THAT KEEP A STUDENT ON THE PATH TO GRADUATION. KIPP'S APPROACH IS INFORMED BY RIGOROUS RESEARCH, OUR STUDENTS' EXPERIENCES, AND THE KNOWLEDGE AND EXPERTISE OF OUR COMMUNITY.TO LEARN MORE GO TO HTTPS://KIPPTEXAS.ORG/KIPP-FOWARD/


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Board, Officers & Key Employees

Name (title)Compensation
Sehba Z Ali
CEO
$448,856
Jaideep Hebbar
Cfo, Cso
$329,640
Daphane Carter
Chief Academic Officer
$303,075
Larry Guillory
Chief Administration Officer
$284,448
Kris Cheung
COO
$273,258
Jobina Scott
Chief Advancement Officer
$256,731

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Joeris General Contractors Ltd
General Contractor
$13,814,107
Turner Construction Company
Construction
$10,253,692
Sodexo Inc
Cafeteria Services
$8,836,514
Raymond Construction Co
Construction
$17,811,907
First Student Inc
Bus/transportation
$4,906,411
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,883,513
Related organizations$0
Government grants $354,587,856
All other contributions, gifts, grants, and similar amounts not included above$33,038,384
Noncash contributions included in lines 1a–1f $3,743,225
Total Revenue from Contributions, Gifts, Grants & Similar$389,509,753
Total Program Service Revenue$3,170,337
Investment income $262,504
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $647,498
Net Gain/Loss on Asset Sales $2,422,434
Net Income from Fundraising Events -$6,919
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $396,005,607

Grants Recieved

Over the last fiscal year, we have identified 31 grants that Kipp Texas Inc has recieved totaling $7,505,617.

Awarding OrganizationAmount
Charter Fund Inc

Broomfield, CO

PURPOSE: CHARTER SCHOOL GROWTH

$2,500,000
Houston Endowment Inc

Houston, TX

PURPOSE: PROJECT SUPPORT FOR THE RISE TOGETHER CAMPAIGN FOR THE EXPANSION OF KIPP PUBLIC SCHOOLS IN HOUSTON

$2,000,000
Houston Endowment Inc

Houston, TX

PURPOSE: PROJECT SUPPORT FOR THE RISE TOGETHER CAMPAIGN FOR THE EXPANSION OF KIPP PUBLIC SCHOOLS IN HOUSTON

$1,000,000
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$400,000
Good Reason Houston Inc

Houston, TX

PURPOSE: District transformation

$265,000
$250,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$609,455
Earnings$112,194
Grants$7,750
Ending Balance$713,899

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