Substantial growth in assets from $52M in 202006 to $399M in 202306, demonstrating significant financial capacity.
Strong revenue generation, with $64,823,726 in 202306, indicating robust fundraising or funding streams.
Positive net income in most recent periods, with revenue exceeding expenses, contributing to financial stability.
Spending Breakdown
How Kipp New York Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Kipp New York Inc
Is Kipp New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kipp New York Inc (EIN: 203971209) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Kipp New York Inc a good charity to donate to?
Kipp New York Inc has a Mission Score of 85/100. Revenue: $59.9M. Assets: $384.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kipp New York Inc?
The Employer Identification Number (EIN) for Kipp New York Inc is 203971209. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Kipp New York Inc spend its money?
Kipp New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kipp New York Inc's tax-exempt status?
You can verify Kipp New York Inc's tax-exempt status using EIN 203971209 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Kipp New York Inc. demonstrates a strong commitment to its program services, as evidenced by its consistent program spending ratio. In the 202306 period, the organization reported expenses of $38,746,138 against revenues of $64,823,726, indicating a significant surplus. The organization's assets have grown substantially over the years, from $52,127,801 in 202006 to $399,133,308 in 202306, suggesting robust financial growth and capacity. However, a notable increase in liabilities, reaching $334,441,064 in 202306, warrants closer examination to understand the nature of these obligations and their potential impact on long-term financial stability.
The organization's transparency is bolstered by the consistent reporting of 0% officer compensation across all available filings, which is a positive indicator for donor confidence regarding executive pay. While the overall financial health appears strong with significant asset growth and revenue generation, the substantial increase in liabilities, particularly in recent years, presents a potential area for further scrutiny. Understanding the composition of these liabilities is crucial for a complete financial assessment.
Overall, Kipp New York Inc. appears to be a financially growing organization with a strong focus on its mission, as suggested by its spending patterns and the absence of reported officer compensation. The rapid increase in assets and liabilities, however, suggests significant operational expansion or capital projects that would benefit from more detailed disclosure to fully assess the long-term implications.