KIPP INDIANAPOLIS INC

EIN: 300145826 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$28,293,281
Total Expenses
$26,497,858
Total Assets
$21,214,730
Net Assets
$7,631,895
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
IN
Principal Officer
ANDREW SEIBERT
Phone
3175475477
Tax Period
2023-07-01 to 2024-06-30

KIPP INDIANAPOLIS INC, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $28.3M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $26.5M left a modest 6% surplus.

Mission

KIPP INDIANAPOLIS, INC. (KIPP INDY) IS A NETWORK OF TUITION-FREE, OPEN-ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $27,816,591
Program Service Revenue $21,654
Investment Income $128,404
Other Revenue $326,632
TOTAL REVENUE $28,293,281

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,101,424
Fundraising Expenses $151,180
Program Expenses $17,171,116
Other Expenses $9,396,434
TOTAL EXPENSES $26,497,858

Year-over-Year Comparison

2023 2022 Change
Revenue $28,293,281 $24,480,597 +0.2%
Expenses $26,497,858 $24,499,145 +0.1%
Net Income $1,795,423 $-18,548 -97.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
238
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$218,760
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADDISON SIMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDRA LIEPA BOARD MEMBER 1.00
Director
$0 $0 $0
BARATO BRITT BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN GARRISON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID ROSENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
JIM KELLER BOARD MEMBER 1.00
Director
$0 $0 $0
JIMMY RAYFORD BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MARTIN FINANCE CHAIR 1.00
Officer Director
$0 $0 $0
JORDAN RODRIGUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
MELINDA SHAPIRO BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA BOROM BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE ELAM BOARD MEMBER 1.00
Director
$0 $0 $0
RANDIE DIAL VICE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
REGINA CROSS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SALLY SCHACHT BOARD MEMBER 1.00
Director
$0 $0 $0
STANLEY CHEN BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW SEIBERT EXECUTIVE DIRECTOR 40.00
Officer
$199,110 $19,650 $218,760
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $28,293,281 $26,497,858 $21,214,730 $1,795,423
2023 $24,480,597 $24,499,145 $20,460,476 $-18,548
2022 $22,227,841 $21,000,337 $19,111,079 $1,227,504
2021 $17,067,783 $15,425,584 $17,764,199 $1,642,199
2020 $13,110,819 $12,838,712 $16,347,155 $272,107
2019 $9,957,507 $9,306,613 $13,481,434 $650,894
2018 $8,326,911 $7,777,167 $2,820,746 $549,744
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