Kipp Tulsa Academy College Preparatory Inc
Kipp Tulsa Academy consistently grows revenue and assets with 0% reported officer compensation.
EIN: 113740269 · Tulsa, OK · NTEE: B25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $6.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7.1 |
| Net Assets | $1.8M |
| Transparency Score | 95/100 |
Is Kipp Tulsa Academy College Preparatory Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp Tulsa Academy College Preparatory Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp Tulsa Academy College Preparatory Inc
Kipp Tulsa Academy College Preparatory Inc (EIN: 113740269) is a nonprofit organization based in Tulsa, OK, classified under NTEE code B25. The organization reported total revenue of $6.9M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp Tulsa Academy College Preparatory Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp Tulsa Academy College Preparatory Inc is a mid-size 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 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $6.7M |
| Surplus / Deficit | +$492K |
| Total Assets | $2.1M |
| Total Liabilities | $392K |
| Net Assets | $1.8M |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Kipp Tulsa Academy College Preparatory Inc reported a surplus of $492K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipp Tulsa Academy College Preparatory Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | +1.2% | +27.8% |
| 2022 | +8.8% | +17.3% | -2.3% |
| 2021 | -0.6% | +7.7% | +13.8% |
| 2020 | +18.5% | +0.6% | +143.3% |
| 2019 | +52.1% | +32.1% | -28.7% |
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 Tulsa Academy College Preparatory Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kipp Tulsa Academy College Preparatory Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $492K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size ($7.1 million in revenue) and suggests a strong dedication of resources to its mission.
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 Tulsa Academy College Preparatory Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is paid by a related entity not reflected in these filings, potentially obscuring the full picture of executive costs.
Strengths
The following positive indicators were identified for Kipp Tulsa Academy College Preparatory Inc:
- Consistent revenue growth, increasing from $3.6 million in 2014 to $7.1 million in 2023.
- Healthy asset growth, with assets increasing from $1.5 million in 2014 to over $2.1 million in 2023.
- Strong program spending focus, indicated by the 0% officer compensation and general operating surpluses.
- Excellent transparency with 13 consistent IRS 990 filings available.
- Positive net income in most years, contributing to a stable financial position (e.g., $491,873 surplus in 2023).
Frequently Asked Questions about Kipp Tulsa Academy College Preparatory Inc
Is Kipp Tulsa Academy College Preparatory Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kipp Tulsa Academy College Preparatory Inc (EIN: 113740269) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Kipp Tulsa Academy College Preparatory Inc spend its money?
Kipp Tulsa Academy College Preparatory Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kipp Tulsa Academy College Preparatory Inc tax-deductible?
Kipp Tulsa Academy College Preparatory Inc is registered as a tax-exempt nonprofit (EIN: 113740269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kipp Tulsa Academy College Preparatory Inc CEO make?
Kipp Tulsa Academy College Preparatory Inc's highest-compensated officer earns $7.1 annually. The organization reported $6.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kipp Tulsa Academy College Preparatory Inc's spending goes to programs?
Kipp Tulsa Academy College Preparatory Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kipp Tulsa Academy College Preparatory Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Kipp Tulsa Academy College Preparatory Inc is above average for NTEE category B25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kipp Tulsa Academy College Preparatory Inc located?
Kipp Tulsa Academy College Preparatory Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 113740269. It is classified under NTEE code B25.
How many years of IRS 990 filings does Kipp Tulsa Academy College Preparatory Inc have?
Kipp Tulsa Academy College Preparatory 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 $6.9M in total revenue.
Is Kipp Tulsa Academy College Preparatory Inc a good charity?
Based on the available IRS 990 data, Kipp Tulsa Academy College Preparatory Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to its mission, as evidenced by 0% reported officer compensation and efficient spending.
How has Kipp Tulsa Academy's financial health changed over time?
Kipp Tulsa Academy's financial health has significantly improved over time. Revenue has more than doubled from $3.6 million in 2014 to $7.1 million in 2023, and assets have grown from $1.5 million to over $2.1 million in the same period, indicating strong financial management and growth.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests that executive leadership may be compensated by an affiliated entity or serve in a voluntary capacity, directing more funds to programs.
Filing History
IRS 990 filing history for Kipp Tulsa Academy College Preparatory Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipp Tulsa Academy College Preparatory Inc's revenue has grown by 505.7%, moving from $1.2M to $7.2M. Total assets increased by 54.7% over the same period, from $1.4M to $2.1M. Total functional expenses rose by 747%, from $791K to $6.7M. In its most recent filing year (2023), Kipp Tulsa Academy College Preparatory Inc reported a surplus of $492K, with revenue exceeding expenses. The organization holds $392K in liabilities against $2.1M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $6.7M | $2.1M | $392K | — | View 990 |
| 2022 | $6.5M | $6.6M | $1.7M | $417K | — | View 990 |
| 2021 | $6.0M | $5.6M | $1.7M | $353K | — | — |
| 2020 | $6.0M | $5.2M | $1.5M | $489K | — | View 990 |
| 2019 | $5.1M | $5.2M | $621K | $386K | — | View 990 |
| 2018 | $3.3M | $3.9M | $870K | $512K | — | View 990 |
| 2017 | $3.6M | $3.5M | $1.4M | $410K | — | View 990 |
| 2016 | $3.7M | $4.1M | $1.4M | $339K | — | View 990 |
| 2015 | $3.7M | $3.6M | $1.6M | $203K | — | View 990 |
| 2014 | $3.6M | $3.4M | $1.6M | $336K | — | View 990 |
| 2013 | $3.4M | $3.3M | $1.2M | $206K | — | View 990 |
| 2012 | $1.4M | $1.2M | $1.6M | $171K | — | View 990 |
| 2011 | $1.2M | $791K | $1.4M | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $6.7M, and assets of $2.1M (revenue +10.4% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.6M, and assets of $1.7M (revenue +8.8% year-over-year).
- 2021: Revenue of $6.0M, expenses of $5.6M, and assets of $1.7M (revenue -0.6% year-over-year).
- 2020: Revenue of $6.0M, expenses of $5.2M, and assets of $1.5M (revenue +18.5% year-over-year).
- 2019: Revenue of $5.1M, expenses of $5.2M, and assets of $621K (revenue +52.1% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.9M, and assets of $870K (revenue -7.0% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.5M, and assets of $1.4M (revenue -3.3% year-over-year).
- 2016: Revenue of $3.7M, expenses of $4.1M, and assets of $1.4M (revenue +0.6% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.6M, and assets of $1.6M (revenue +1.4% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.4M, and assets of $1.6M (revenue +6.4% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.3M, and assets of $1.2M (revenue +142.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.2M, and assets of $1.6M (revenue +18.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $791K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp Tulsa Academy College Preparatory Inc:
Data Sources and Methodology
This transparency report for Kipp Tulsa Academy College Preparatory 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.