Is Kipp Tulsa Academy College Preparatory Inc Legit?
Quick charity verification for Kipp Tulsa Academy College Preparatory Inc (EIN: 113740269)
Verdict: Kipp Tulsa Academy College Preparatory Inc appears trustworthy
95/100Mission Score
$6.9MRevenue
$2.3MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is paid by a related entity not reflected in these filings, potentially obscuring the full picture of executive costs.
Strengths
Consistent revenue growth, increasing from $3.6 million in 2014 to $7.1 million in 2023.
Healthy asset growth, with assets increasing from $1.5 million in 2014 to over $2.1 million in 2023.
Strong program spending focus, indicated by the 0% officer compensation and general operating surpluses.
Excellent transparency with 13 consistent IRS 990 filings available.
Positive net income in most years, contributing to a stable financial position (e.g., $491,873 surplus in 2023).
Spending Breakdown
How Kipp Tulsa Academy College Preparatory Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Tulsa Academy College Preparatory Inc
Is Kipp Tulsa Academy College Preparatory Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kipp Tulsa Academy College Preparatory Inc (EIN: 113740269) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Kipp Tulsa Academy College Preparatory Inc a good charity to donate to?
Kipp Tulsa Academy College Preparatory Inc has a Mission Score of 95/100. Revenue: $6.9M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kipp Tulsa Academy College Preparatory Inc?
The Employer Identification Number (EIN) for Kipp Tulsa Academy College Preparatory Inc is 113740269. 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 Tulsa Academy College Preparatory Inc spend its money?
Kipp Tulsa Academy College Preparatory Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kipp Tulsa Academy College Preparatory Inc's tax-exempt status?
You can verify Kipp Tulsa Academy College Preparatory Inc's tax-exempt status using EIN 113740269 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 Tulsa Academy College Preparatory Inc demonstrates consistent financial growth and a strong commitment to its programmatic mission. Over the past decade, the organization's revenue has steadily increased from $3.6 million in 2014 to over $7.1 million in 2023, indicating robust fundraising or public support. Expenses have generally tracked revenue, with the organization often operating with a surplus, contributing to asset growth. For instance, in 2023, revenue exceeded expenses by nearly $500,000 ($7,189,645 vs. $6,697,772).
The organization appears to be highly efficient in its spending, with a significant portion of its budget dedicated to program services. The consistent reporting of 0% officer compensation across all available filings suggests a strong focus on directing funds towards its educational mission rather than executive salaries, which is a positive indicator of financial health and donor trust. The organization's assets have also shown a healthy upward trend, reaching over $2.1 million in 2023, providing a solid financial foundation.
Transparency is high, as evidenced by the readily available and consistent IRS 990 filings over a long period. The detailed financial data, including the absence of reported officer compensation, provides a clear picture of how funds are managed and allocated. This level of transparency, combined with efficient program spending, positions Kipp Tulsa Academy College Preparatory Inc as a financially sound and mission-driven nonprofit.