Kipp Nashville
Kipp Nashville shows rapid financial growth and significant asset accumulation, with no direct officer compensation reported on 990s.
EIN: 202799123 · Nashville, TN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $70.9M |
| Total Expenses | $55.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $56.7M |
| Transparency Score | 75/100 |
Is Kipp Nashville Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp Nashville directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp Nashville
Kipp Nashville (EIN: 202799123) is a nonprofit organization based in Nashville, TN, classified under NTEE code B29. The organization reported total revenue of $70.9M and total assets of $179.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp Nashville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp Nashville is a major nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 28.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64.3M |
| Total Expenses | $55.3M |
| Surplus / Deficit | +$9.0M |
| Total Assets | $167.9M |
| Total Liabilities | $111.2M |
| Net Assets | $56.7M |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 66.2% |
| Months of Reserves | 36.4 months |
Financial Health Grade: A
In 2023, Kipp Nashville reported a surplus of $9.0M with revenue exceeding expenses, holds 36.4 months of operating reserves (strong position), has a debt-to-asset ratio of 66.2% (high leverage).
Financial Trends
Over 11 years of filings (2012–2023), Kipp Nashville's revenue has grown at a compound annual growth rate (CAGR) of 28.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +26.4% | +52.3% |
| 2022 | +24.8% | +27.0% | +36.5% |
| 2021 | +52.0% | +16.4% | +16.7% |
| 2020 | +11.5% | +27.8% | +67.0% |
| 2019 | +32.9% | +21.9% | +135.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Nashville 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 Nashville 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 $9.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.2%.
Executive Compensation Analysis
The IRS 990 filings for Kipp Nashville consistently report 0% officer compensation, which is highly unusual for an organization with over $70 million in revenue and $179 million in assets. This suggests executive compensation may be reported indirectly, through a related organization, or under other expense categories, limiting direct transparency on leadership pay.
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 Nashville's IRS 990 filings:
- Consistent 0% officer compensation reported despite large revenue and assets, raising transparency concerns for executive pay.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering precise spending efficiency analysis.
Strengths
The following positive indicators were identified for Kipp Nashville:
- Strong financial growth, with revenue increasing from $4.9M in 2013 to over $70M currently.
- Significant asset accumulation, growing from $3.6M in 2013 to $179.8M, indicating robust financial health and capacity.
- Consistent positive net income (revenue exceeding expenses) across all reported periods, demonstrating sound financial management.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities ($179.8M assets vs. $111.2M liabilities in 2023), indicating financial stability.
Frequently Asked Questions about Kipp Nashville
Is Kipp Nashville a legitimate charity?
Kipp Nashville (EIN: 202799123) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $70.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Kipp Nashville spend its money?
Kipp Nashville directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kipp Nashville tax-deductible?
Kipp Nashville is registered as a tax-exempt nonprofit (EIN: 202799123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kipp Nashville CEO make?
Kipp Nashville's highest-compensated officer earns $70 annually. The organization reported $70.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kipp Nashville's spending goes to programs?
Kipp Nashville directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kipp Nashville compare to similar nonprofits?
With a transparency score of 75/100 (Good), Kipp Nashville 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 Nashville located?
Kipp Nashville is headquartered in Nashville, Tennessee and files with the IRS under EIN 202799123. It is classified under NTEE code B29.
How many years of IRS 990 filings does Kipp Nashville have?
Kipp Nashville has 11 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 $70.9M in total revenue.
How is executive compensation handled if 0% is reported on all 990 filings?
The consistent reporting of 0% officer compensation across all 11 filings, despite significant organizational growth, suggests that executive compensation might be paid through a related entity, a management services agreement, or categorized differently within the expense structure, warranting further investigation into the organization's financial statements beyond the summary data provided.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. While overall expenses are consistently lower than revenue, a precise understanding of spending efficiency requires knowing the percentages allocated to programs, administration, and fundraising.
What is the purpose of the significant increase in liabilities, from $458,887 in 2013 to $111,202,289 in 2023?
The substantial increase in liabilities, particularly the jump from $62,916,589 in 2022 to $111,202,289 in 2023, alongside asset growth, likely indicates significant capital investments, such as facility expansion or debt financing for new projects, which is common for growing educational institutions.
Filing History
IRS 990 filing history for Kipp Nashville showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Kipp Nashville's revenue has grown by 1423.9%, moving from $4.2M to $64.3M. Total assets increased by 6592.7% over the same period, from $2.5M to $167.9M. Total functional expenses rose by 1394.6%, from $3.7M to $55.3M. In its most recent filing year (2023), Kipp Nashville reported a surplus of $9.0M, with revenue exceeding expenses. The organization holds $111.2M in liabilities against $167.9M in assets (debt-to-asset ratio: 66.2%), resulting in net assets of $56.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64.3M | $55.3M | $167.9M | $111.2M | — | View 990 |
| 2022 | $59.9M | $43.8M | $110.3M | $62.9M | — | View 990 |
| 2021 | $48.0M | $34.5M | $80.8M | $49.5M | — | — |
| 2020 | $31.6M | $29.6M | $69.2M | $51.5M | — | View 990 |
| 2019 | $28.3M | $23.2M | $41.5M | $25.7M | — | View 990 |
| 2018 | $21.3M | $19.0M | $17.6M | $7.0M | — | View 990 |
| 2017 | $17.2M | $15.6M | $10.5M | $2.2M | — | View 990 |
| 2016 | $14.1M | $13.0M | $9.1M | $2.3M | — | View 990 |
| 2014 | $7.5M | $5.5M | $7.7M | $2.4M | — | View 990 |
| 2013 | $5.0M | $3.9M | $3.7M | $459K | — | View 990 |
| 2012 | $4.2M | $3.7M | $2.5M | $353K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64.3M, expenses of $55.3M, and assets of $167.9M (revenue +7.4% year-over-year).
- 2022: Revenue of $59.9M, expenses of $43.8M, and assets of $110.3M (revenue +24.8% year-over-year).
- 2021: Revenue of $48.0M, expenses of $34.5M, and assets of $80.8M (revenue +52.0% year-over-year).
- 2020: Revenue of $31.6M, expenses of $29.6M, and assets of $69.2M (revenue +11.5% year-over-year).
- 2019: Revenue of $28.3M, expenses of $23.2M, and assets of $41.5M (revenue +32.9% year-over-year).
- 2018: Revenue of $21.3M, expenses of $19.0M, and assets of $17.6M (revenue +24.1% year-over-year).
- 2017: Revenue of $17.2M, expenses of $15.6M, and assets of $10.5M (revenue +21.4% year-over-year).
- 2016: Revenue of $14.1M, expenses of $13.0M, and assets of $9.1M (revenue +87.9% year-over-year).
- 2014: Revenue of $7.5M, expenses of $5.5M, and assets of $7.7M (revenue +51.7% year-over-year).
- 2013: Revenue of $5.0M, expenses of $3.9M, and assets of $3.7M (revenue +17.5% year-over-year).
- 2012: Revenue of $4.2M, expenses of $3.7M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp Nashville:
Data Sources and Methodology
This transparency report for Kipp Nashville 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.