Kipp Bay Area Schools
Kipp Bay Area Schools shows strong financial growth and asset accumulation over the past decade, with consistent program spending.
EIN: 205010766 · Oakland, CA · NTEE: B25 · Updated: 2026-03-28
Is Kipp Bay Area Schools Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp Bay Area Schools directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp Bay Area Schools
Kipp Bay Area Schools (EIN: 205010766) is a nonprofit organization based in Oakland, CA, classified under NTEE code B25. The organization reported total revenue of $181.0M and total assets of $304.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp Bay Area Schools's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp Bay Area Schools is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132.1M |
| Total Expenses | $134.8M |
| Surplus / Deficit | $-2,728,836 |
| Total Assets | $314.7M |
| Total Liabilities | $139.8M |
| Net Assets | $175.0M |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 44.4% |
| Months of Reserves | 28.0 months |
Financial Health Grade: B
In 2023, Kipp Bay Area Schools reported a deficit of $2.7M with expenses exceeding revenue, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 44.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipp Bay Area Schools's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.6% | +21.9% | +58.8% |
| 2022 | +20.8% | +13.6% | +14.9% |
| 2021 | +11.7% | +9.1% | +10.8% |
| 2020 | +8.1% | +9.8% | +8.7% |
| 2019 | +21.1% | +17.9% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kipp Bay Area Schools with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kipp Bay Area Schools allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.4%.
Executive Compensation Analysis
The provided data consistently reports 0% officer compensation across all filings, which is highly unusual for an organization with annual expenses exceeding $130 million. This suggests that executive compensation may be reported elsewhere in the 990 or is genuinely not paid to officers, warranting further investigation into the full tax forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kipp Bay Area Schools's IRS 990 filings:
- Unexplained 0% officer compensation reported across all filings for a large organization.
- Significant increase in liabilities from $20M in 2022 to $139M in 2023 without immediate explanation in summary data.
Strengths
The following positive indicators were identified for Kipp Bay Area Schools:
- Consistent and strong revenue growth over the past decade, from $41.6M in 2014 to $132M in 2023.
- Substantial asset accumulation, growing from $60M in 2014 to $314M in 2023.
- Expenses generally align with or are slightly below revenue, indicating sound financial management (e.g., 2023 expenses $134.7M vs. revenue $132M, 2022 expenses $110.6M vs. revenue $135.6M).
- Positive net assets, indicating financial stability and capacity for future operations.
Frequently Asked Questions about Kipp Bay Area Schools
Is Kipp Bay Area Schools a legitimate charity?
Based on AI analysis of IRS 990 filings, Kipp Bay Area Schools (EIN: 205010766) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Kipp Bay Area Schools spend its money?
Kipp Bay Area Schools directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kipp Bay Area Schools tax-deductible?
Kipp Bay Area Schools is registered as a tax-exempt nonprofit (EIN: 205010766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kipp Bay Area Schools manage to report 0% officer compensation given its size?
The consistent reporting of 0% officer compensation across all 13 filings, despite the organization's substantial revenue (e.g., $132,070,817 in 2023) and assets ($314,735,721 in 2023), is highly unusual. It suggests that executive compensation might be reported under different categories within the full 990 form, or that the organization's leadership structure and compensation practices are unique. A deeper dive into the full 990s would be necessary to understand this.
What is the detailed breakdown of administrative and fundraising expenses?
The provided summary data does not offer a detailed breakdown of administrative and fundraising expenses. While the overall financial health appears strong, understanding the specific percentages allocated to these categories would provide a more complete picture of spending efficiency. Based on typical non-profit operations, an estimated breakdown has been provided, but actual figures from the full 990s would be more precise.
What caused the significant increase in liabilities from $20,239,190 in 2022 to $139,756,010 in 2023?
The substantial increase in liabilities from $20,239,190 in 2022 to $139,756,010 in 2023 is a significant financial event. This could be due to various factors such as taking on new debt for expansion, capital projects, or changes in accounting for deferred revenue or pension obligations. Further analysis of the 2023 990 filing's balance sheet and footnotes would be required to understand the specific nature and implications of this increase.
Filing History
IRS 990 filing history for Kipp Bay Area Schools showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipp Bay Area Schools's revenue has grown by 461.4%, moving from $23.5M to $132.1M. Total assets increased by 1945.5% over the same period, from $15.4M to $314.7M. Total functional expenses rose by 536.2%, from $21.2M to $134.8M. In its most recent filing year (2023), Kipp Bay Area Schools reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $139.8M in liabilities against $314.7M in assets (debt-to-asset ratio: 44.4%), resulting in net assets of $175.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132.1M | $134.8M | $314.7M | $139.8M | — | View 990 |
| 2022 | $135.6M | $110.6M | $198.2M | $20.2M | — | View 990 |
| 2021 | $112.3M | $97.4M | $172.5M | $14.0M | — | View 990 |
| 2020 | $100.5M | $89.3M | $155.6M | $12.0M | — | View 990 |
| 2019 | $92.9M | $81.3M | $143.2M | $12.3M | — | View 990 |
| 2018 | $76.7M | $68.9M | $129.2M | $10.0M | — | View 990 |
| 2017 | $74.6M | $56.6M | $121.5M | $10.0M | — | View 990 |
| 2016 | $65.2M | $43.6M | $102.2M | $8.8M | — | View 990 |
| 2015 | $53.3M | $35.1M | $78.2M | $6.4M | — | View 990 |
| 2014 | $41.7M | $29.7M | $60.1M | $6.5M | — | View 990 |
| 2013 | $37.3M | $26.0M | $47.3M | $5.7M | — | View 990 |
| 2012 | $41.0M | $23.7M | $34.2M | $3.7M | — | View 990 |
| 2011 | $23.5M | $21.2M | $15.4M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $132.1M, expenses of $134.8M, and assets of $314.7M (revenue -2.6% year-over-year).
- 2022: Revenue of $135.6M, expenses of $110.6M, and assets of $198.2M (revenue +20.8% year-over-year).
- 2021: Revenue of $112.3M, expenses of $97.4M, and assets of $172.5M (revenue +11.7% year-over-year).
- 2020: Revenue of $100.5M, expenses of $89.3M, and assets of $155.6M (revenue +8.1% year-over-year).
- 2019: Revenue of $92.9M, expenses of $81.3M, and assets of $143.2M (revenue +21.1% year-over-year).
- 2018: Revenue of $76.7M, expenses of $68.9M, and assets of $129.2M (revenue +2.8% year-over-year).
- 2017: Revenue of $74.6M, expenses of $56.6M, and assets of $121.5M (revenue +14.5% year-over-year).
- 2016: Revenue of $65.2M, expenses of $43.6M, and assets of $102.2M (revenue +22.4% year-over-year).
- 2015: Revenue of $53.3M, expenses of $35.1M, and assets of $78.2M (revenue +27.8% year-over-year).
- 2014: Revenue of $41.7M, expenses of $29.7M, and assets of $60.1M (revenue +11.9% year-over-year).
- 2013: Revenue of $37.3M, expenses of $26.0M, and assets of $47.3M (revenue -9.1% year-over-year).
- 2012: Revenue of $41.0M, expenses of $23.7M, and assets of $34.2M (revenue +74.2% year-over-year).
- 2011: Revenue of $23.5M, expenses of $21.2M, and assets of $15.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp Bay Area Schools:
Data Sources and Methodology
This transparency report for Kipp Bay Area Schools is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.