Kipp New Orleans Inc
Kipp New Orleans Inc shows consistent revenue growth and healthy financial surpluses over the past decade.
EIN: 202277213 · New Orleans, LA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117.9M |
| Total Expenses | $108.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $38.8M |
| Transparency Score | 85/100 |
Is Kipp New Orleans Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp New Orleans Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp New Orleans Inc
Kipp New Orleans Inc (EIN: 202277213) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B29. The organization reported total revenue of $117.9M and total assets of $53.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp New Orleans Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp New Orleans Inc 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 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117.4M |
| Total Expenses | $108.7M |
| Surplus / Deficit | +$8.7M |
| Total Assets | $49.0M |
| Total Liabilities | $10.2M |
| Net Assets | $38.8M |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 20.9% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Kipp New Orleans Inc reported a surplus of $8.7M with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 20.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipp New Orleans Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +13.3% | +32.9% |
| 2022 | +20.1% | +19.1% | -9.4% |
| 2021 | +7.9% | +16.9% | +49.4% |
| 2020 | +18.3% | +8.0% | +24.7% |
| 2019 | +10.8% | +12.7% | +9.5% |
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 New Orleans Inc 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 New Orleans Inc 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 surplus of $8.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.9%.
Executive Compensation Analysis
The reported 0% officer compensation across all filings is highly unusual for an organization with over $100 million in annual revenue and suggests that executive salaries may be paid by a related entity or not categorized under 'officer compensation' in the provided summary. This lack of direct compensation reporting for key executives could obscure a full understanding of administrative costs.
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 New Orleans Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusual 0% reported officer compensation for a large organization, potentially obscuring executive pay structure
Strengths
The following positive indicators were identified for Kipp New Orleans Inc:
- Consistent and significant revenue growth over a decade (from $57.7M in 2014 to $117.4M in 2023)
- Healthy financial surpluses in all reported periods (revenue consistently exceeds expenses)
- Strong asset growth, indicating financial stability and capacity (from $13.1M in 2014 to $49.0M in 2023)
- Manageable liabilities relative to assets, suggesting good financial management
Frequently Asked Questions about Kipp New Orleans Inc
Is Kipp New Orleans Inc a legitimate charity?
Kipp New Orleans Inc (EIN: 202277213) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $117.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Kipp New Orleans Inc spend its money?
Kipp New Orleans Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kipp New Orleans Inc tax-deductible?
Kipp New Orleans Inc is registered as a tax-exempt nonprofit (EIN: 202277213). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kipp New Orleans Inc CEO make?
Kipp New Orleans Inc's highest-compensated officer earns $100 annually. The organization reported $117.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kipp New Orleans Inc's spending goes to programs?
Kipp New Orleans Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kipp New Orleans Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kipp New Orleans Inc 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 New Orleans Inc located?
Kipp New Orleans Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 202277213. It is classified under NTEE code B29.
How many years of IRS 990 filings does Kipp New Orleans Inc have?
Kipp New Orleans Inc 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 $117.9M in total revenue.
How does Kipp New Orleans Inc manage to report 0% officer compensation despite its large size?
The consistent reporting of 0% officer compensation for an organization with over $100 million in revenue is atypical. This could indicate that executive salaries are paid by a related management entity, or that the compensation is categorized differently within the full IRS 990 filing, such as under general salaries and wages rather than specific officer compensation.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While the organization consistently has a surplus (revenue exceeding expenses), a full 990 form would be needed to assess the efficiency of spending across these categories.
What is the primary source of Kipp New Orleans Inc's significant revenue growth?
The provided data shows consistent and substantial revenue growth, from $57.7 million in 2014 to $117.4 million in 2023. Given its NTEE code (B29 - Elementary & Secondary Education), it's highly probable that this growth is driven by increased public funding for charter schools, grants, and potentially private donations as the organization expands its educational programs and reach.
Filing History
IRS 990 filing history for Kipp New Orleans Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipp New Orleans Inc's revenue has grown by 448.7%, moving from $21.4M to $117.4M. Total assets increased by 1132.2% over the same period, from $4.0M to $49.0M. Total functional expenses rose by 413.8%, from $21.2M to $108.7M. In its most recent filing year (2023), Kipp New Orleans Inc reported a surplus of $8.7M, with revenue exceeding expenses. The organization holds $10.2M in liabilities against $49.0M in assets (debt-to-asset ratio: 20.9%), resulting in net assets of $38.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117.4M | $108.7M | $49.0M | $10.2M | — | — |
| 2022 | $98.9M | $96.0M | $36.9M | $6.8M | — | View 990 |
| 2021 | $82.3M | $80.6M | $40.7M | $13.5M | — | — |
| 2020 | $76.3M | $69.0M | $27.2M | $1.8M | — | View 990 |
| 2019 | $64.5M | $63.8M | $21.9M | $3.7M | — | View 990 |
| 2018 | $58.2M | $56.6M | $20.0M | $2.5M | — | View 990 |
| 2017 | $54.2M | $52.4M | $18.3M | $2.3M | — | View 990 |
| 2016 | $53.6M | $51.4M | $15.7M | $1.5M | — | View 990 |
| 2015 | $63.3M | $60.4M | $16.9M | $5.0M | — | View 990 |
| 2014 | $57.7M | $51.0M | $13.1M | $4.1M | — | View 990 |
| 2013 | $38.1M | $38.1M | $7.1M | $4.8M | — | View 990 |
| 2012 | $28.9M | $29.1M | $5.0M | $2.7M | — | View 990 |
| 2011 | $21.4M | $21.2M | $4.0M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117.4M, expenses of $108.7M, and assets of $49.0M (revenue +18.7% year-over-year).
- 2022: Revenue of $98.9M, expenses of $96.0M, and assets of $36.9M (revenue +20.1% year-over-year).
- 2021: Revenue of $82.3M, expenses of $80.6M, and assets of $40.7M (revenue +7.9% year-over-year).
- 2020: Revenue of $76.3M, expenses of $69.0M, and assets of $27.2M (revenue +18.3% year-over-year).
- 2019: Revenue of $64.5M, expenses of $63.8M, and assets of $21.9M (revenue +10.8% year-over-year).
- 2018: Revenue of $58.2M, expenses of $56.6M, and assets of $20.0M (revenue +7.3% year-over-year).
- 2017: Revenue of $54.2M, expenses of $52.4M, and assets of $18.3M (revenue +1.1% year-over-year).
- 2016: Revenue of $53.6M, expenses of $51.4M, and assets of $15.7M (revenue -15.3% year-over-year).
- 2015: Revenue of $63.3M, expenses of $60.4M, and assets of $16.9M (revenue +9.6% year-over-year).
- 2014: Revenue of $57.7M, expenses of $51.0M, and assets of $13.1M (revenue +51.4% year-over-year).
- 2013: Revenue of $38.1M, expenses of $38.1M, and assets of $7.1M (revenue +31.8% year-over-year).
- 2012: Revenue of $28.9M, expenses of $29.1M, and assets of $5.0M (revenue +35.2% year-over-year).
- 2011: Revenue of $21.4M, expenses of $21.2M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp New Orleans Inc:
Data Sources and Methodology
This transparency report for Kipp New Orleans Inc 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.