Kipp Tech Valley Charter School
Kipp Tech Valley Charter School shows significant revenue growth and consistent surpluses over the past decade.
EIN: 201347748 · Albany, NY · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47.4M |
| Total Expenses | $46.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $47 |
| Net Assets | $24.1M |
| Transparency Score | 88/100 |
Is Kipp Tech Valley Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp Tech Valley Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp Tech Valley Charter School
Kipp Tech Valley Charter School (EIN: 201347748) is a nonprofit organization based in Albany, NY, classified under NTEE code B29. The organization reported total revenue of $47.4M and total assets of $103.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp Tech Valley Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp Tech Valley Charter School is a large 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 21.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47.2M |
| Total Expenses | $46.6M |
| Surplus / Deficit | +$549K |
| Total Assets | $57.8M |
| Total Liabilities | $33.7M |
| Net Assets | $24.1M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 58.4% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Kipp Tech Valley Charter School reported a surplus of $549K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 58.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipp Tech Valley Charter School's revenue has grown at a compound annual growth rate (CAGR) of 21.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.5% | +56.7% | +25.9% |
| 2022 | +16.5% | +25.3% | +3.8% |
| 2021 | +102.7% | +118.5% | +120.0% |
| 2020 | +29.4% | +12.6% | +12.1% |
| 2019 | +20.8% | +17.7% | +7.6% |
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 Tech Valley Charter School with a Mission Score of 88 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 Tech Valley Charter School 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 $549K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.4%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, suggesting that the organization's leadership may be unpaid or compensated through a different structure not captured in this specific line item. This is unusual for an organization of its size with nearly $47 million in revenue, and while it could indicate a highly volunteer-driven leadership, it also warrants further inquiry for complete transparency.
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 Tech Valley Charter School's IRS 990 filings:
- Consistent 0% officer compensation reported for an organization with nearly $47 million in revenue, which may obscure actual executive remuneration if compensated through other means.
Strengths
The following positive indicators were identified for Kipp Tech Valley Charter School:
- Significant and consistent revenue growth over the past decade, from $4.8M in 2014 to $47.1M in 2023.
- Consistent operational surpluses, indicating sound financial management (e.g., $47.1M revenue vs. $46.6M expenses in 2023).
- Strong asset growth, with assets reaching $57.7M in 2023, providing a solid financial foundation.
- Healthy asset-to-liability ratio, with assets of $57.7M significantly exceeding liabilities of $33.7M in 2023.
Frequently Asked Questions about Kipp Tech Valley Charter School
Is Kipp Tech Valley Charter School a legitimate charity?
Kipp Tech Valley Charter School (EIN: 201347748) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $47.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kipp Tech Valley Charter School spend its money?
Kipp Tech Valley Charter School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kipp Tech Valley Charter School tax-deductible?
Kipp Tech Valley Charter School is registered as a tax-exempt nonprofit (EIN: 201347748). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kipp Tech Valley Charter School CEO make?
Kipp Tech Valley Charter School's highest-compensated officer earns $47 annually. The organization reported $47.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kipp Tech Valley Charter School's spending goes to programs?
Kipp Tech Valley Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kipp Tech Valley Charter School compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Kipp Tech Valley Charter School 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 Tech Valley Charter School located?
Kipp Tech Valley Charter School is headquartered in Albany, New York and files with the IRS under EIN 201347748. It is classified under NTEE code B29.
How many years of IRS 990 filings does Kipp Tech Valley Charter School have?
Kipp Tech Valley Charter School 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 $47.4M in total revenue.
Is Kipp Tech Valley Charter School a good charity?
Based on its financial filings, Kipp Tech Valley Charter School appears to be a financially healthy and growing organization. It consistently generates surpluses, has significantly increased its assets, and reports 0% officer compensation, which are positive indicators of financial stewardship and mission focus. However, the lack of reported officer compensation for an organization of its size could warrant further investigation for a complete picture of executive remuneration.
How has Kipp Tech Valley Charter School's revenue grown over time?
Kipp Tech Valley Charter School has experienced substantial revenue growth, increasing from $4,835,606 in 2014 to $47,175,292 in 2023, demonstrating a nearly tenfold increase over a decade.
What is the organization's financial stability?
The organization shows strong financial stability, consistently operating with a surplus (e.g., $47,175,292 revenue vs. $46,626,533 expenses in 2023) and a growing asset base, which reached $57,772,563 in 2023, significantly exceeding its liabilities of $33,714,110.
Filing History
IRS 990 filing history for Kipp Tech Valley Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipp Tech Valley Charter School's revenue has grown by 933%, moving from $4.6M to $47.2M. Total assets increased by 6315.6% over the same period, from $900K to $57.8M. Total functional expenses rose by 1013.1%, from $4.2M to $46.6M. In its most recent filing year (2023), Kipp Tech Valley Charter School reported a surplus of $549K, with revenue exceeding expenses. The organization holds $33.7M in liabilities against $57.8M in assets (debt-to-asset ratio: 58.4%), resulting in net assets of $24.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47.2M | $46.6M | $57.8M | $33.7M | — | — |
| 2022 | $31.6M | $29.8M | $45.9M | $29.7M | — | View 990 |
| 2021 | $27.1M | $23.7M | $44.2M | $29.8M | — | View 990 |
| 2020 | $13.4M | $10.9M | $20.1M | $19.1M | — | View 990 |
| 2019 | $10.3M | $9.6M | $17.9M | $18.5M | — | View 990 |
| 2018 | $8.6M | $8.2M | $16.7M | $17.0M | — | View 990 |
| 2017 | $7.2M | $6.5M | $14.4M | $15.5M | — | View 990 |
| 2016 | $5.0M | $5.1M | $8.6M | $8.4M | — | View 990 |
| 2015 | $4.8M | $4.9M | $9.2M | $8.5M | — | View 990 |
| 2014 | $4.8M | $5.3M | $9.5M | $8.7M | — | View 990 |
| 2013 | $4.7M | $4.8M | $9.9M | $8.6M | — | View 990 |
| 2012 | $4.6M | $3.7M | $1.6M | $228K | — | View 990 |
| 2011 | $4.6M | $4.2M | $900K | $402K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47.2M, expenses of $46.6M, and assets of $57.8M (revenue +49.5% year-over-year).
- 2022: Revenue of $31.6M, expenses of $29.8M, and assets of $45.9M (revenue +16.5% year-over-year).
- 2021: Revenue of $27.1M, expenses of $23.7M, and assets of $44.2M (revenue +102.7% year-over-year).
- 2020: Revenue of $13.4M, expenses of $10.9M, and assets of $20.1M (revenue +29.4% year-over-year).
- 2019: Revenue of $10.3M, expenses of $9.6M, and assets of $17.9M (revenue +20.8% year-over-year).
- 2018: Revenue of $8.6M, expenses of $8.2M, and assets of $16.7M (revenue +19.3% year-over-year).
- 2017: Revenue of $7.2M, expenses of $6.5M, and assets of $14.4M (revenue +44.6% year-over-year).
- 2016: Revenue of $5.0M, expenses of $5.1M, and assets of $8.6M (revenue +2.3% year-over-year).
- 2015: Revenue of $4.8M, expenses of $4.9M, and assets of $9.2M (revenue +0.3% year-over-year).
- 2014: Revenue of $4.8M, expenses of $5.3M, and assets of $9.5M (revenue +2.4% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.8M, and assets of $9.9M (revenue +3.3% year-over-year).
- 2012: Revenue of $4.6M, expenses of $3.7M, and assets of $1.6M (revenue +0.1% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.2M, and assets of $900K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp Tech Valley Charter School:
Data Sources and Methodology
This transparency report for Kipp Tech Valley Charter School 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.