KIPP NYC PUBLIC CHARTER SCHOOLS

EIN: 834247585 501(c)(3) Education

NEW YORK, NY

Total Revenue
$202,310,726
Total Expenses
$202,883,720
Total Assets
$340,754,193
Net Assets
$28,192,425
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
LESLIE-BERNARD JOSEPH
Phone
2129912610
Tax Period
2024-07-01 to 2025-06-30

KIPP NYC PUBLIC CHARTER SCHOOLS, founded in 2012, is a major nonprofit in the Education sector that reported $202.3M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

KIPP NYC PUBLIC CHARTER SCHOOL'S MISSION IS TO OPERATE CHARTER SCHOOLS THAT WILL HELP STUDENTS DEVELOP THEIR ACADEMIC AND CHARACTER SKILLS THEY NEED TO BE SUCCESSFUL IN HIGH SCHOOL AND COLLEGE, TO BE SELF-SUFFICIENT IN THE COMPETITIVE WORLD BEYOND, AND TO BUILD A BETTER FUTURE FOR THEMSELVES AND THE WORLD.

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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 $201,350,766
Program Service Revenue $405,243
Investment Income $7,218
Other Revenue $547,499
TOTAL REVENUE $202,310,726

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $116,104,325
Fundraising Expenses $0
Program Expenses $177,772,986
Other Expenses $86,739,395
TOTAL EXPENSES $202,883,720

Year-over-Year Comparison

2024 2023 Change
Revenue $202,310,726 $186,133,849 +0.1%
Expenses $202,883,720 $182,846,799 +0.1%
Net Income $-572,994 $3,287,050 -1.2%
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
6
Independent Members
6
Employees
1262
Volunteers
67

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
$1,163,989
Total Directors
6
$0
Key Employees
9
$1,967,376
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD TAFT CHAIR/TREASURER 2.00
Officer Director
$0 $0 $0
NICOLE PAYNE TRUSTEE 0.50
Director
$0 $0 $0
KANGE KANEENE TRUSTEE 0.50
Director
$0 $0 $0
ROHAN WADHWA TRUSTEE 0.50
Director
$0 $0 $0
CINDY MARTE TRUSTEE 0.50
Director
$0 $0 $0
ANN-JANETTE FUNETES TRUSTEE 0.50
Director
$0 $0 $0
ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 4.00
Officer
$0 $47,598 $511,088
NATALIE WEBB DEPUTY SUPERINTENDENT 17.00
Officer
$0 $55,445 $377,864
SUZANNE DEYOUNG CFO (UNTIL 1/2025) 1.00
Officer
$0 $31,639 $275,037
MONICA SAMUELS PRINCIPAL 40.00
Key Emp
$230,018 $48,502 $278,520
OMARI WILTSHIRE PRINCIPAL 40.00
Key Emp
$183,097 $47,041 $230,138
DIAMOND CLAY PRINCIPAL 40.00
Key Emp
$173,211 $49,626 $222,837
MAYLIEN HERM PRINCIPAL 40.00
Key Emp
$174,471 $48,000 $222,471
TARELL HOSKEY PRINCIPAL 40.00
Key Emp
$164,833 $49,028 $213,861
KATHERINE D BAUGHMAN PRINCIPAL 40.00
Key Emp
$186,161 $23,788 $209,949
DOMINIQUE R MEJIA PRINCIPAL 40.00
Key Emp
$175,112 $28,896 $204,008
JOHN CARTER PRINCIPAL 40.00
Key Emp
$174,221 $23,038 $197,259
AMANDA C MARTINEZ PRINCIPAL 40.00
Key Emp
$166,040 $22,293 $188,333
BARBARA DEPESA ASST. PRINC. TEACH/LEARN 40.00
Highest
$216,190 $13,114 $229,304
JEFFREY IMWOLD INTERIM PRINCIPAL 40.00
Highest
$206,657 $24,038 $230,695
CANDICE SEAGRAVE PRINCIPAL IN RESIDENCE 40.00
Highest
$184,478 $46,144 $230,622
HUGH CHEN SR. DIR ACAD DATA/SYSTEMS 40.00
Highest
$180,521 $26,178 $206,699
ANNE WOODS DEAN 1 40.00
Highest
$172,905 $44,141 $217,046
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 $202,310,726 $202,883,720 $340,754,193 $-572,994
2024 $186,133,849 $182,846,799 $353,462,676 $3,287,050
2023 $149,020,840 $146,860,427 $74,783,704 $2,160,413
2022 $135,879,464 $137,016,001 $35,948,164 $-1,136,537
2021 $109,312,231 $104,497,017 $29,013,020 $4,815,214
2020 $97,671,528 $92,721,634 $24,582,546 $4,949,894
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