Kipp Minnesota
Kipp Minnesota maintains operational surpluses but carries significant liabilities exceeding assets.
EIN: 208877750 · Minneapolis, MN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.8M |
| Total Expenses | $11.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $-2,461,636 |
| Transparency Score | 75/100 |
Is Kipp Minnesota Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp Minnesota directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp Minnesota
Kipp Minnesota (EIN: 208877750) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B29. The organization reported total revenue of $11.8M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp Minnesota's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp Minnesota is a large nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.1M |
| Total Expenses | $11.4M |
| Surplus / Deficit | +$675K |
| Total Assets | $8.5M |
| Total Liabilities | $10.9M |
| Net Assets | $-2,461,636 |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 129.1% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Kipp Minnesota reported a surplus of $675K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 129.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipp Minnesota's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.5% | -17.9% | -18.0% |
| 2022 | -2.5% | +7.7% | +9.1% |
| 2021 | +34.0% | +14.3% | +23.4% |
| 2020 | +25.5% | +28.7% | -2.6% |
| 2019 | +20.5% | +8.5% | +25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Minnesota with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Kipp Minnesota allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $675K, with revenue exceeding expenses.
- Debt-to-asset ratio: 129.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is atypical for an organization with over $11 million in annual revenue and suggests that leadership compensation may be structured or reported differently.
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 Minnesota's IRS 990 filings:
- Liabilities consistently exceed assets, indicating a potentially high debt burden (e.g., $10,935,273 liabilities vs. $8,473,637 assets in 2023).
- Reported 0% officer compensation for an organization of this size ($11M+ revenue) is unusual and may obscure actual leadership compensation structures.
- Significant increase in liabilities between 2017 and 2018 (from $2.9M to $8.7M) without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Kipp Minnesota:
- Consistent operational surpluses in recent years (e.g., $675,196 in 2023 and $406,973 in 2022) demonstrate financial stability.
- Steady growth in assets over the past decade, from $1,002,433 in 2014 to $8,473,637 in 2023, indicating increasing organizational capacity.
- Regular and consistent IRS Form 990 filings over 13 periods, showing commitment to regulatory transparency.
Frequently Asked Questions about Kipp Minnesota
Is Kipp Minnesota a legitimate charity?
Based on AI analysis of IRS 990 filings, Kipp Minnesota (EIN: 208877750) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Kipp Minnesota spend its money?
Kipp Minnesota directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kipp Minnesota tax-deductible?
Kipp Minnesota is registered as a tax-exempt nonprofit (EIN: 208877750). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kipp Minnesota CEO make?
Kipp Minnesota's highest-compensated officer earns $11 annually. The organization reported $11.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kipp Minnesota's spending goes to programs?
Kipp Minnesota directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kipp Minnesota compare to similar nonprofits?
With a transparency score of 75/100 (Good), Kipp Minnesota is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kipp Minnesota located?
Kipp Minnesota is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 208877750. It is classified under NTEE code B29.
How many years of IRS 990 filings does Kipp Minnesota have?
Kipp Minnesota has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.8M in total revenue.
Why do liabilities consistently exceed assets?
In 2023, liabilities were $10,935,273 while assets were $8,473,637. This consistent trend across multiple years suggests significant long-term debt or other obligations that could impact financial flexibility.
How is executive leadership compensated if officer compensation is reported as 0%?
The filings indicate 0% officer compensation for all periods. This could mean executives are compensated by a related entity, through non-cash benefits not reported as direct compensation, or that the organization relies heavily on volunteer leadership.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of these categories, making it difficult to precisely assess spending efficiency beyond overall revenue and expense figures.
What is the nature of the significant increase in liabilities from 2017 to 2018?
Liabilities jumped from $2,997,606 in 2017 to $8,714,447 in 2018, a substantial increase that warrants investigation into the underlying cause, such as new facility acquisition or major debt financing.
Filing History
IRS 990 filing history for Kipp Minnesota showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipp Minnesota's revenue has grown by 352.9%, moving from $2.7M to $12.1M. Total assets increased by 1217.4% over the same period, from $643K to $8.5M. Total functional expenses rose by 347%, from $2.6M to $11.4M. In its most recent filing year (2023), Kipp Minnesota reported a surplus of $675K, with revenue exceeding expenses. The organization holds $10.9M in liabilities against $8.5M in assets (debt-to-asset ratio: 129.1%), resulting in net assets of $-2,461,636.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.1M | $11.4M | $8.5M | $10.9M | — | View 990 |
| 2022 | $14.3M | $13.9M | $10.3M | $13.2M | — | View 990 |
| 2021 | $14.7M | $12.9M | $9.5M | $11.2M | — | View 990 |
| 2020 | $11.0M | $11.3M | $7.7M | $10.4M | — | View 990 |
| 2019 | $8.7M | $8.8M | $7.9M | $9.6M | — | View 990 |
| 2018 | $7.2M | $8.1M | $6.3M | $8.7M | — | View 990 |
| 2017 | $5.6M | $6.6M | $1.4M | $3.0M | — | View 990 |
| 2016 | $5.8M | $5.4M | $2.4M | $3.0M | — | View 990 |
| 2015 | $4.8M | $4.8M | $1.5M | $2.3M | — | View 990 |
| 2014 | $3.9M | $3.3M | $1.0M | $247K | — | View 990 |
| 2013 | $3.2M | $3.1M | $533K | $445K | — | View 990 |
| 2012 | $2.6M | $3.0M | $830K | $831K | — | View 990 |
| 2011 | $2.7M | $2.6M | $643K | $295K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.1M, expenses of $11.4M, and assets of $8.5M (revenue -15.5% year-over-year).
- 2022: Revenue of $14.3M, expenses of $13.9M, and assets of $10.3M (revenue -2.5% year-over-year).
- 2021: Revenue of $14.7M, expenses of $12.9M, and assets of $9.5M (revenue +34.0% year-over-year).
- 2020: Revenue of $11.0M, expenses of $11.3M, and assets of $7.7M (revenue +25.5% year-over-year).
- 2019: Revenue of $8.7M, expenses of $8.8M, and assets of $7.9M (revenue +20.5% year-over-year).
- 2018: Revenue of $7.2M, expenses of $8.1M, and assets of $6.3M (revenue +29.0% year-over-year).
- 2017: Revenue of $5.6M, expenses of $6.6M, and assets of $1.4M (revenue -3.0% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.4M, and assets of $2.4M (revenue +21.3% year-over-year).
- 2015: Revenue of $4.8M, expenses of $4.8M, and assets of $1.5M (revenue +21.4% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.3M, and assets of $1.0M (revenue +23.8% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.1M, and assets of $533K (revenue +20.2% year-over-year).
- 2012: Revenue of $2.6M, expenses of $3.0M, and assets of $830K (revenue -0.9% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.6M, and assets of $643K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp Minnesota:
Data Sources and Methodology
This transparency report for Kipp Minnesota 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.