Kipp Metro Atlanta Collaborative Inc
- Assets
- $91.6m
- Revenue
- $94.9m
- Investments
- $0.0
- Employees
- 886
- Location
- Atlanta, GA
- Founding
- 10/2007
- Data as of
- 06/2022
- EIN
- 11-3723114
Organization Overview
Kipp Metro Atlanta Collaborative Inc is located in Atlanta, GA. The organization was established in 2007. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Kipp Metro Atlanta Collaborative Inc employed 886 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kipp Metro Atlanta Collaborative 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 06/2022, Kipp Metro Atlanta Collaborative Inc generated $94.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $87.7m during the year ending 06/2022. While expenses have increased by 12.5% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE TO PURSUE THE PATHS THEY CHOOSE - COLLEGE, CAREER, AND BEYOND - SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIPP METRO ATLANTA COLLABORATIVE, INC. SUPPORTS THE MISSION OF THE KIPP CHARTER SCHOOLS IN ATLANTA.SEE COMPLETE PROGRAM SERVICE ACCOMPLISHMENT DESCRIPTION ON SCHEDULE O.KIPP METRO ATLANTA COLLABORATIVE, INC. (THE ORGANIZATION") IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO PREPARE STUDENTS WITHIN THE CITY OF ATLANTA, GEORGIA AND FULTON COUNTY, GEORGIA FOR TOP QUALITY HIGH SCHOOLS, COLLEGES, AND THE COMPETITIVE YEARS BEYOND. THE ORGANIZATION IS MADE UP OF:1. KIPP REGIONAL SUPPORT TEAM WHICH PROVIDES ACADEMIC AND MANAGEMENT SERVICES TO THE KIPP CHARTER SCHOOLS IN THE CITY OF ATLANTA, GEORGIA AND FULTON COUNTY, GEORGIA AS WELL AS SEEKS AND DEVELOPS THE FUNDING SOURCES TO SUPPORT THE KIPP SCHOOLS,2. KIPP STRIVE PRIMARY - A KIPP CHARTER PUBLIC ELEMENTARY SCHOOL,3. KIPP WAYS PRIMARY - A KIPP CHARTER PUBLIC ELEMENTARY SCHOOL,4. KIPP VISION PRIMARY - A KIPP CHARTER PUBLIC ELEMENTARY SCHOOL,5. KIPP SOUL PRIMARY - A KIPP CHARTER PUBLIC ELEMENTARY SCHOOL,6. KIPP SOUTH FULTON PRIMARY - A KIPP CHARTER PUBLIC ELEMENTARY SCHOOL,6. KIPP STRIVE ACADEMY - A KIPP CHARTER PUBLIC MIDDLE SCHOOL,7. KIPP WOODSON PARK ACADEMY - A KIPP OPERATED PUBLIC ELEMENTARY SCHOOL8. KIPP SRIVE ACADEMY - A KIPP CHARTER PUBLIC MIDDLE SCHOOL9. KIPP WAYS ACADEMY - A KIPP CHARTER PUBLIC MIDDLE SCHOOL,10. KIPP VISION ACADEMY - A KIPP CHARTER PUBLIC MIDDLE SCHOOL,11. KIPP SOUL ACADEMY - A KIPP CHARTER PUBLIC MIDDLE SCHOOL,12. KIPP SOUTH FULTON ACADEMY - A KIPP CHARTER PUBLIC MIDDLE SCHOOL,13. KIPP ATLANTA COLLEGIATE - A KIPP CHARTER PUBLIC HIGH SCHOOL, AND 14. KIPP FORWARD - PROVIDES SCHOLARSHIPS, ACADEMIC SUPPORT, SOCIAL SERVICES, AND HIGH SCHOOL /COLLEGE PLACEMENT SERVICES FOR KIPP ALUMNI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mini'imah Shaheed Chief Executive Officer | Officer | 60 | $251,950 |
Crystal Nasir Chief Impact Officer | Officer | 60 | $168,950 |
Angela Page Bond Chief Strategy Officer | Officer | 60 | $167,950 |
Kelly Elizabeth Shields Chief Financial Officer | Officer | 60 | $155,475 |
Ra'chel Ford Chief Operating Officer | Officer | 60 | $153,450 |
Courtney Bell Chief People Officer | 60 | $158,450 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Educators Now Llc Substitute Teachers | 6/29/22 | $477,425 |
National Video Monitoring Co Llc Security Monitoring | 6/29/22 | $122,542 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $219,126 |
| Related organizations | $0 |
| Government grants | $88,900,182 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,805,498 |
| Noncash contributions included in lines 1a–1f | $344,190 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,924,806 |
| Total Program Service Revenue | $413,780 |
| Investment income | $53,105 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$57,491 |
| Net Income from Fundraising Events | $40,602 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $94,866,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $201,290 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,342,102 |
| Compensation of current officers, directors, key employees. | $322,513 |
| Compensation to disqualified persons | $384,762 |
| Other salaries and wages | $43,240,250 |
| Pension plan accruals and contributions | $4,862,925 |
| Other employee benefits | $5,047,643 |
| Payroll taxes | $850,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $101,150 |
| Fees for services: Accounting | $110,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,376,796 |
| Advertising and promotion | $82,075 |
| Office expenses | $2,538,669 |
| Information technology | $3,092,729 |
| Royalties | $0 |
| Occupancy | $5,942,158 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,706,029 |
| Insurance | $715,027 |
| All other expenses | $3,497,582 |
| Total functional expenses | $87,659,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,351,092 |
| Pledges and grants receivable | $2,165,438 |
| Accounts receivable, net | $18,796 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,081,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $164,584 |
| Net Land, buildings, and equipment | $22,926,651 |
| Investments—publicly traded securities | $2,640,274 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,299,971 |
| Total assets | $91,647,806 |
| Accounts payable and accrued expenses | $5,819,839 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $291,667 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,701,235 |
| Total liabilities | $68,812,741 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$13,754,133 |
| Paid-in or capital surplus, or land, building, or equipment fund | $31,527,867 |
| Retained earnings, endowment, accumulated income, or other funds | $5,061,331 |
| Total liabilities and net assets/fund balances | $91,647,806 |