Kipp Bay Area Schools
- Assets
- $172.5m
- Revenue
- $112.3m
- Investments
- $0.0
- Employees
- 949
- Location
- Oakland, CA
- Founding
- 12/2006
- Data as of
- 06/2021
- EIN
- 20-5010766
Organization Overview
Kipp Bay Area Schools, operating under the name Kipp Public Schools Nc, is located in Oakland, CA. The organization was established in 2006. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Kipp Public Schools NC employed 949 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kipp Public Schools NC 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 Public Schools NC generated $112.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $97.4m during the year ending 06/2021. While expenses have increased by 14.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
KIPP BAY AREA SCHOOLS PREPARES STUDENTS WITH SKILLS AND CONFIDENCE FOR THEIR FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIPP BAY AREA SCHOOLS SUPPORTS THE GROWTH, QUALITY, AND SUSTAINABILITY OF KIPP SCHOOLS IN THE SAN FRANCISCO BAY AREA. PART OF THIS EFFORT INVOLVES FUNDRAISING TO SUPPORT THE EDUCATIONAL ACTIVITIES AT EACH OF OUR SCHOOLS. KIPP BAY AREA SCHOOLS HAS 16 SCHOOLS IN 6 CITIES AND CURRENTLY SERVES APPROXIMATELY 6,557 STUDENTS FOR 177 INSTRUCTIONAL DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Sutkus-Thompson CEO | Officer | 40 | $326,088 |
Lisa Daggs Chief External Affairs | 40 | $236,343 | |
Marie Huxley Chief Of Schools | Officer | 40 | $215,317 |
Judy Li Chief Growth And Operating | 40 | $198,890 | |
Cherese Brauer Chief Equity & Inclusion | 40 | $187,075 | |
Cory Harris Chief Financial Officer | Officer | 40 | $186,760 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Magat Consulting | 6/29/20 | $236,380 |
Feldsteinco Llc Consulting | 6/29/20 | $115,408 |
Magat Consulting | 6/29/20 | $236,380 |
Feldsteinco Llc Consulting | 6/29/20 | $115,408 |
Magat Consulting | 6/29/20 | $236,380 |
Feldsteinco Llc Consulting | 6/29/20 | $115,408 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $91,981,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,966,007 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,947,093 |
| Total Program Service Revenue | $0 |
| Investment income | $1,194,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$49,805 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $112,257,587 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $32,174 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $789,443 |
| Compensation of current officers, directors, key employees. | $101,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,721,625 |
| Pension plan accruals and contributions | $2,480,637 |
| Other employee benefits | $6,649,020 |
| Payroll taxes | $4,584,397 |
| Fees for services: Management | $854,734 |
| Fees for services: Legal | $412,951 |
| Fees for services: Accounting | $250,089 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,577,590 |
| Advertising and promotion | $913,062 |
| Office expenses | $1,416,571 |
| Information technology | $2,990,305 |
| Royalties | $0 |
| Occupancy | $7,267,869 |
| Travel | $47,428 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $600,104 |
| Interest | $74,581 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $917,888 |
| Insurance | $367,868 |
| All other expenses | $377,377 |
| Total functional expenses | $97,365,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,668 |
| Savings and temporary cash investments | $47,036,971 |
| Pledges and grants receivable | $8,336,391 |
| Accounts receivable, net | $35,377,572 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $750,878 |
| Net Land, buildings, and equipment | $14,471,510 |
| Investments—publicly traded securities | $66,071,768 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $69,867 |
| Total assets | $172,487,625 |
| Accounts payable and accrued expenses | $8,737,160 |
| Grants payable | $0 |
| Deferred revenue | $1,493,715 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $3,645,273 |
| Other liabilities | $153,521 |
| Total liabilities | $14,029,669 |
| Net assets without donor restrictions | $150,121,565 |
| Net assets with donor restrictions | $8,336,391 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $172,487,625 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Kipp Bay Area Schools has recieved totaling $9,348,186.
| Awarding Organization | Amount |
|---|---|
Kipp Foundation San Francisco, CA PURPOSE: GPA & ADVANCED PLACEMENT; MENTAL-HEALTH & HEALING; POSTSECONDARY TRANSFER & REENROLLMENT AND MATCH; EARLY LITERACY; ANNIVERSARY SCHOLARSHIP; SCHOOL AND SUCCESSOR LEADERSHIP DEVELOPMENT; NEW SCHOOL START-UP | $1,693,270 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $1,679,523 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $1,322,300 |
Voorhis Foundation Wilmington, DE PURPOSE: BLACK STUDENTS THRIVING INITIATIVE | $1,000,000 |
William K Bowes Jr Foundation San Francisco, CA PURPOSE: GROWTH CAMPAIGN | $1,000,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: K-12 EDUCATION | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Bay Area Schools Oakland, CA | $172,487,625 | $112,257,587 |
Somerset Academy Of Las Vegas Las Vegas, NV | $192,795,065 | $79,621,443 |
High Tech High San Diego, CA | $58,788,634 | $76,672,129 |
Menlo School Atherton, CA | $320,152,000 | $64,317,000 |
Oaks Christian School Westlake Village, CA | $150,419,760 | $62,594,014 |
Summit Public Schools Redwood City, CA | $48,530,707 | $55,546,203 |
El Camino Real Alliance Woodland Hills, CA | $34,397,207 | $53,776,806 |
Milken Community Schools Los Angeles, CA | $80,759,256 | $40,537,524 |
Windward School Los Angeles, CA | $106,329,646 | $41,804,232 |
Orange County School Of The Arts Santa Ana, CA | $14,647,557 | $49,463,330 |
Inner City Education Foundation Los Angeles, CA | $33,345,924 | $41,820,831 |
Crystal Springs Uplands School Hillsborough, CA | $136,020,158 | $40,020,241 |