KIPP DC PUBLIC CHARTER SCHOOLS

EIN: 742974642 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$263,067,055
Total Expenses
$248,884,064
Total Assets
$519,296,251
Net Assets
$211,089,486
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
DC
Principal Officer
SUSAN SCHAEFFLER
Phone
2022655477
Tax Period
2024-07-01 to 2025-06-30

KIPP DC PUBLIC CHARTER SCHOOLS, founded in 2001, is a major nonprofit in the Education sector that reported $263.1M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $248.9M left a modest 5% surplus.

Mission

KIPP DC IS THE LARGEST PUBLIC CHARTER SCHOOL NETWORK IN WASHINGTON, D.C., SERVING MORE THAN 7,300 STUDENTS FROM PREK-12TH GRADE. WE ARE DEDICATED TO SUPPORTING STUDENTS WHO HAVE HISTORICALLY LACKED ACCESS TO HIGH-QUALITY EDUCATIONAL OPPORTUNITIES. (CONT'D ON SCH O) OUR SCHOOLS ARE BUILT ON A FOUNDATION OF EXCELLENCE, PROVIDING RIGOROUS AND JOYFUL LEARNING ENVIRONMENTS WHERE TALENTED EDUCATORS FOSTER A DEEP SENSE OF BELONGING WHILE PREPARING EVERY STUDENT FOR SUCCESS IN COLLEGE AND BEYOND.

Program Service Accomplishments

Program 1
Expenses: $219,810,960 Revenue: $222,598,799

IN ADDITION TO PROVIDING ACADEMICALLY RIGOROUS AND JOY-FILLED LEARNING ENVIRONMENTS, KIPP DC OFFERS TWO CRITICAL PROGRAMS CENTRAL TO THE GOAL OF SUPPORTING STUDENTS AND ALUMNI PURSUING THE PATHS THEY...

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IN ADDITION TO PROVIDING ACADEMICALLY RIGOROUS AND JOY-FILLED LEARNING ENVIRONMENTS, KIPP DC OFFERS TWO CRITICAL PROGRAMS CENTRAL TO THE GOAL OF SUPPORTING STUDENTS AND ALUMNI PURSUING THE PATHS THEY CHOOSE: KIPP FORWARD AND THE CAPITAL TEACHING RESIDENCY. KIPP FORWARD SUPPORTS STUDENTS AND ALUMNI AS THEY PURSUE THEIR CHOSEN PATHS BY HELPING THEM NAVIGATE APPLICATION AND ENROLLMENT PROCESSES, ACCESS SCHOLARSHIPS AND FINANCIAL AID, AND CONNECT WITH COUNSELORS AND ADVISORS FOR GUIDANCE THROUGH COLLEGE, CAREER, AND BEYOND. THE CAPITAL TEACHING RESIDENCY IS AN AWARD-WINNING TEACHER TRAINING PROGRAM THAT BUILDS A STRONG PIPELINE OF HIGHLY EFFECTIVE EDUCATORS IN THE DISTRICT OF COLUMBIA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $31,616,329
Program Service Revenue $222,339,875
Investment Income $8,071,345
Other Revenue $1,039,506
TOTAL REVENUE $263,067,055

Expense Breakdown

Grants Paid $6,445,514
Salaries & Benefits $156,611,135
Fundraising Expenses $536,506
Program Expenses $219,810,960
Other Expenses $85,827,415
TOTAL EXPENSES $248,884,064

Year-over-Year Comparison

2024 2023 Change
Revenue $263,067,055 $243,036,556 +0.1%
Expenses $248,884,064 $232,541,308 +0.1%
Net Income $14,182,991 $10,495,248 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
1774
Volunteers
175

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
6
$1,231,798
Total Directors
18
$400,772
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN SCHAEFFLER MEMBER, CEO 50.00
Officer Director
$362,887 $37,885 $400,772
TONY LEWIS CHAIR, MEMBER 3.00
Officer Director
$0 $0 $0
JOHN DUFF TREASURER, MEMBER THRU 12/2024 2.00
Officer Director
$0 $0 $0
DAVID BRADLEY MEMBER 1.00
Director
$0 $0 $0
CAROL LUDWIG MEMBER 1.00
Director
$0 $0 $0
PAMELA YEE MEMBER 1.00
Director
$0 $0 $0
MARTIN RODGERS MEMBER THRU 7/2024 1.00
Director
$0 $0 $0
SHANIOLA AROWOLAJU MEMBER/PARENT 1.00
Director
$0 $0 $0
JUDSON STARR MEMBER 1.00
Director
$0 $0 $0
REGINALD WORKMAN MEMBER/PARENT 1.00
Director
$0 $0 $0
BARRY CALDWELL MEMBER 1.00
Director
$0 $0 $0
RASHAD YOUNG MEMBER THRU 7/2024 1.00
Director
$0 $0 $0
MICHAEL PICKRUM MEMBER 1.00
Director
$0 $0 $0
DIONNE COOLEY MEMBER/TEACHER (AS OF 10/2024) 1.00
Director
$0 $0 $0
LAURA O'SHAUGHNESSY MEMBER 1.00
Director
$0 $0 $0
BRANDON WOODS MEMBER 1.00
Director
$0 $0 $0
KATHERINE HUNTER MEMBER 1.00
Director
$0 $0 $0
ED ENGLES MEMBER 1.00
Director
$0 $0 $0
SHANNON HODGE PRESIDENT 50.00
Officer
$282,653 $29,621 $312,274
JUSTIN ELLIS CHIEF FINANCIAL OFFICER 50.00
Officer
$254,419 $24,282 $278,701
SARAH JANE FORMAN SECRETARY, GEN. COUNSEL 50.00
Officer
$216,050 $24,001 $240,051
SAUMIL SHAH CHIEF OPERATIONS OFFICER 50.00
Highest
$255,090 $24,705 $279,795
SUSAN TOTH SUPERINTENDENT 50.00
Highest
$269,414 $24,865 $294,279
JACQUE PATTERSON CHIEF COMMUNITY ENGAGEMENT & GROWTH 50.00
Highest
$232,298 $15,056 $247,354
TOM CLARK CHIEF STRATEGY & ADVANCEMENT 50.00
Highest
$237,508 $25,697 $263,205
JAMI DUNHAM CHIEF EQUITY & INCLUSION OFFICER 50.00
Highest
$221,937 $13,317 $235,254
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
2025 $263,067,055 $248,884,064 $519,296,251 $14,182,991
2024 $243,036,556 $232,541,308 $493,765,186 $10,495,248
2023 $212,579,002 $211,511,910 $488,492,056 $1,067,092
2022 $213,667,191 $219,264,447 $479,444,732 $-5,597,256
2021 $193,016,578 $166,807,659 $454,640,868 $26,208,919
2020 $167,651,752 $168,457,662 $388,676,629 $-805,910
2019 $154,582,174 $138,319,701 $347,217,781 $16,262,473
2018 $136,594,913 $141,997,918 $310,301,750 $-5,403,005
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