KIPP DC PUBLIC CHARTER SCHOOLS (EIN 742974642) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

SUSAN SCHAEFFLER

Phone

2022655477

Tax Period

2023-07-01 to 2024-06-30

KIPP DC PUBLIC CHARTER SCHOOLS, founded in 2001, is a major nonprofit in the Education sector that reported $243.0M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $232.5M left a modest 4% surplus.

Mission

TOGETHER WITH FAMILIES AND COMMUNITIES, KIPP DC SCHOOLS CREATE JOYFUL, (CONT'D ON SCH O) 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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $47,415,112

Program Service Revenue $186,623,264

Investment Income $7,456,414

Other Revenue $1,541,766

TOTAL REVENUE $243,036,556

Expense Breakdown

Grants Paid $6,326,659

Salaries & Benefits $147,734,172

Fundraising Expenses $2,298,848

Program Expenses $205,158,716

Other Expenses $78,480,477

TOTAL EXPENSES $232,541,308

Year-over-Year Comparison

	2023	2022	Change
Revenue	$243,036,556	$212,579,002	+0.1%
Expenses	$232,541,308	$211,511,910	+0.1%
Net Income	$10,495,248	$1,067,092	+8.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1945

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

$1,177,252

Total Directors

$557,909

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN SCHAEFFLER	MEMBER, CEO	50.00	Officer Director	$357,256	$28,554	$385,810
ANTONIA OVIEDO	MEMBER/TEACHER THRU 10/2023	50.00	Director	$68,593	$13,612	$82,205
TONY LEWIS	CHAIR, MEMBER	3.00	Officer Director	$0	$0	$0
JOHN DUFF	TREASURER, MEMBER	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	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	1.00	Director	$0	$0	$0
MICHAEL PICKRUM	MEMBER	1.00	Director	$0	$0	$0
MARQUIVIOUS THOMAS	MEMBER (AS OF 10/2023)	1.00	Director	$0	$0	$0
LAURA O'SHAUGHNESSY	MEMBER (AS OF 10/2023)	1.00	Director	$0	$0	$0
MARQUIVIOUS THOMAS	VICE PRINCIPAL/ MEMBER	50.00	Director	$75,748	$14,146	$89,894
SHANNON HODGE	PRESIDENT	50.00	Officer	$274,016	$26,885	$300,901
JUSTIN ELLIS	CHIEF FINANCIAL OFFICER	50.00	Officer	$245,534	$22,806	$268,340
KATIE COLE	SECRETARY, GEN. COUNSEL THRU 8/2023	50.00	Officer	$138,242	$8,295	$146,537
SARAH JANE FORMAN	SECRETARY, GEN. COUNSEL EFF. 8/2023	50.00	Officer	$68,261	$7,403	$75,664
SUSAN TOTH	CHIEF ACADEMIC OFFICER	50.00	Highest	$248,789	$23,358	$272,147
SAUMIL SHAH	CHIEF INFO. & OPERATIONS OFFICER	50.00	Highest	$247,760	$23,312	$271,072
JACQUE PATTERSON	CHIEF COMMUNITY ENGAGEMENT & GROWTH OFFICER	50.00	Highest	$224,022	$14,820	$238,842
TOM CLARK	CHIEF STRATEGY & ADVANCEMENT OFFICER	50.00	Highest	$217,896	$24,027	$241,923
MICHAEL CORDELL	PRINCIPAL	50.00	Highest	$199,614	$43,340	$242,954

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	$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

KIPP DC PUBLIC CHARTER SCHOOLS