KIPP Inc dba Knowledge is Power Program Inc

Organization Overview

KIPP Inc dba Knowledge is Power Program Inc is located in Houston, TX. As of 06/2018, KIPP Inc dba Knowledge is Power Program Inc employed 2,286 individuals. KIPP Inc dba Knowledge is Power Program 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 06/2018, KIPP Inc dba Knowledge is Power Program Inc generated $168.4m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $166.9m during the year ending 06/2018. While expenses have increased by 7.8% per year over the past 3 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

2018

Describe the Organization's Mission:

Part 3 - Line 1

KIPP HOUSTON SERVES EARLY CHILDHOOD/ELEMENTARY, MIDDLE SCHOOL, AND HIGH SCHOOL STUDENTS WITH A SPECIAL FOCUS ON COLLEGE READINESS THROUGH ACADEMIC AND CHARACTER DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KIPP HOUSTON'S MISSION: TO BUILD A BETTER TOMORROW, WE EDUCATE OUR STUDENTS WITH THE ACADEMIC AND CHARACTER SKILLS NECESSARY TO THRIVE IN COLLEGE AND LEAD CHOICE-FILLED LIVES. KIPP BEGAN IN 1994 WITH A POWERFUL IDEA: TO CREATE A CLASSROOM THAT HELPED CHILDREN DEVELOP THE KNOWLEDGE, SKILLS, CHARACTER, AND HABITS NECESSARY TO SUCCEED IN COLLEGE AND BUILD A BETTER TOMORROW FOR THEIR COMMUNITIES. FOUNDERS MIKE FEINBERG AND DAVE LEVIN BEGAN BY REDEFINING WHAT WAS POSSIBLE FOR A CLASSROOM OF PUBLIC SCHOOL STUDENTS IN HOUSTON. ESSENTIAL TO CREATING A GREAT SYSTEM OF SCHOOLS IS HAVING OUR EYES ON THE SAME GOAL: COLLEGE GRADUATION. AT KIPP HOUSTON, TEACHERS, LEADERS, STUDENTS, AND PARENTS ARE ALL UNITED AROUND THIS GOAL. BY PROVIDING OUTSTANDING EDUCATORS, MORE TIME IN SCHOOL LEARNING, AND A STRONG CULTURE OF ACHIEVEMENT, KIPP HOUSTON IS HELPING STUDENTS BUILD THE SKILLS NEEDED TO MAKE IT NOT ONLY TO, BUT THROUGH, COLLEGE. DURING THE 2017-18 SCHOOL YEAR, APPROXIMATELY 13,600 STUDENTS WERE ENROLLED IN GRADES PRE-KINDERGARTEN THROUGH 12TH GRADE. KIPP HOUSTON OPERATED 10 PRIMARY SCHOOLS, 12 MIDDLE SCHOOLS AND 4 HIGH SCHOOLS. THE STUDENTS THAT KIPP HOUSTON SERVES ARE PREDOMINANTLY MINORITIES WITH 62% IDENTIFIED AS HISPANIC, 33% AS AFRICAN-AMERICAN, 1% AS CAUCASIAN, 1% AS AMERICAN INDIAN OR ALASKAN NATIVE, AND 3% AS ASIAN. THE SCHOOL DAY BEGINS AT 7:25 A.M. AND ENDS AT 4:15. ON FRIDAYS, THE SCHOOL DAY BEGINS AT 7:25 A.M. AND ENDS AT 3:00. ALL KIPP STUDENTS, PARENTS, AND TEACHERS SIGN A COMMITMENT TO EXCELLENCE PLEDGE IN WHICH THEY COMMIT TO DO WHATEVER IT TAKES FOR THEMSELVES AND THEIR TEAMMATES TO LEARN AND PREPARE FOR COLLEGE. FROM DAY ONE IN OUR SCHOOLS, COLLEGE IS THE FOCUS; COLLEGE BANNERS LINE THE SCHOOL HALLWAYS AND CLASSES ARE IDENTIFIED BY THE YEAR THOSE KIPP STUDENTS ARE PROJECTED TO GO TO COLLEGE. KIPP HOUSTON'S ULTIMATE GOAL IS TO RAISE THE COLLEGE GRADUATION RATE FOR KIPPSTERS TO 82%. WE ARE COMMITTED TO DOING WHATEVER IT TAKES TO ADDRESS THE ACHIEVEMENT GAP BETWEEN OUR NATION'S LOW AND HIGH INCOME STUDENTS. ALTHOUGH 91% OF KIPPSTERS COME FROM ECONOMICALLY DISADVANTAGED FAMILIES, 96% OF KIPP HOUSTON STUDENTS GRADUATE FROM HIGH SCHOOL; AND 85% HAVE MATRICULATED TO A HIGHER EDUCATION INSTITUTION. TRACKING FROM THE EIGHTH GRADE, NEARLY 50% OF ALUMNI HAVE GRADUATED FROM COLLEGE AND ANOTHER 10% ARE STILL PERSISTING. THIS COLLEGE GRADUATION RATE IS MORE THAN FIVE TIMES THE GRADUATION RATE OF COMPARABLE LOW-INCOME STUDENTS ACROSS THE UNITED STATES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Bill Boyar
Chairman
$0
Mike Feinberg
Vc Chr 2/22/18
$266,280
Ethan Phillips
Secretary
$0
Ernie D Cockrell
Director
$0
Jayshree Desai
Director
$0
Mark Desjardins
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Inc & Affiliates
Student Meals
$7,937,368
Firstgroup America
Student Transport
$5,712,114
Kipp Foundation
Travel & Subsistence
$1,272,580
Linbeck Group Llc
Construct Services
$1,234,804
Abm Janitorial
Janitorial Services
$1,218,452
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,284,443
Related organizations$0
Government grants $147,964,630
All other contributions, gifts, grants, and similar amounts not included above$11,715,092
Noncash contributions included in lines 1a–1f $46,667
Total Revenue from Contributions, Gifts, Grants & Similar$160,964,165
Total Program Service Revenue$7,289,730
Investment income $58,596
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $158,987
Net Gain/Loss on Asset Sales -$536
Net Income from Fundraising Events -$73,211
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $168,397,731

Peer Organizations

Organization NameAssets
Integris Baptist Medical Center Inc
Oklahoma City, OK
$1,074,971,636
Scott And White Health Plan
Dallas, TX
$990,797,481
Wgu Corporation
Salt Lake City, UT
$1,020,118,520
Scott & White Clinic
Dallas, TX
$977,412,932
Ssm Health Care Of Oklahoma Inc
St Louis, MO
$934,244,377
St Lukes Hospital Of Kansas City
kansas city, MO
$1,070,641,998
Texas Christian University
Fort Worth, TX
$1,103,356,620
Bjc Health System
St Louis, MO
$1,227,770,112
Cooperative Energy A Mississippi Electric Cooperative
Hattiesburg, MS
$956,651,180
Stormont-Vail Healthcare Inc
Topeka, KS
$1,008,939,878
Ascension St John Hospital
St Louis, MO
$965,978,781
Mother Frances Hospital Regional Health Care Center
Irving, TX
$977,969,830
Sisters Of Charity Of Leavenworth Health System Inc
Broomfield, CO
$861,222,309
Compassion International Incorporated
Colorado Springs, CO
$953,223,395
Idea Public Schools
Weslaco, TX
$951,130,243
Christus Santa Rosa Health Care Corporation
San Antonio, TX
$885,757,284
Middle Tennessee Electric Membershi P Corporation
Murfreesboro, TN
$897,322,235
Community Health Choice Inc
Houston, TX
$898,426,979
Ochsner Lsu Health System Of North Louisiana
Shreveport, LA
$902,271,211
Texas Health Harris Methodist Hospital Fort Worth
Fort Worth, TX
$986,113,649
Ascension Providence Hospital
St Louis, MO
$867,109,553
Pedernales Electric Cooperative Inc
Johnson City, TX
$882,753,381
Mountain States Health Alliance
Johnson City, TN
$919,101,378
Christus Health
Irving, TX
$1,043,073,265
Teamsters Western Region And New Jersey Health Care Fund
Phoenix, AZ
$1,286,313,579

Create an account to unlock the data you need.

or