Kipp Tech Valley Charter School

Organization Overview

Kipp Tech Valley Charter School is located in Albany, NY. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Kipp Tech Valley Charter School employed 247 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kipp Tech Valley Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Kipp Tech Valley Charter School generated $27.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $23.7m during the year ending 06/2021. While expenses have increased by 29.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

KIPP ALBANY COMMUNITY PUBLIC CHARTER SCHOOLS (KIPP ALBANY) LAUNCHED ON JULY 1, 2020 AS THE NEW PARTNERSHIP BETWEEN KIPP TECH VALLEY CHARTER SCHOOLS (KTV) AND ALBANY COMMUNITY CHARTER SCHOOLS (ACCS). KIPP ALBANY IS A UNIFIED GROUP OF SCHOOLS STRIVING TOWARDS EXCELLENCE IN EDUCATION IN THE CAPITAL REGION. LOCATED ON THE NORTH AND SOUTH END OF ALBANY, KIPP ALBANY WILL SERVE 1,600 STUDENTS IN GRADES K-8 IN THE 2021-2022 SCHOOL YEAR. KIPP ALBANY IS GOVERNED BY A LOCAL BOARD OF DIRECTORS FOCUSED ON PROVIDING STUDENTS WITH THE TOOLS THEY NEED TO ACHIEVE THEIR LIMITLESS POTENTIAL IN COLLEGE, CAREER, AND BEYOND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE REGULAR SCHOOL PROGRAM PROVIDES EDUCATIONAL PROGRAMS FOR KINDERGARTEN THROUGH GRADE 8. THERE ARE APPROXIAMATELY 1493 STUDENTS SERVICED.


THE SPECIAL EDUCATION PROGRAM PROVIDES CHILDREN WITH SPECIAL NEEDS WITH APPROPRIATELY BASED EDUCATIONAL ASSISTANCE. 6% OF STUDENTS RECEIVE SPECIAL EDUCATIONAL SERVICES.


OTHER PROGRAMS - FIELD TRIPS, TRANSPORTATION, AND NUTRITIONAL PROGRAMS SERVE STUDENTS IN KINDERGARTEN THROUGH 8.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Durham School Services
Transportation
$204,360
Infinite Love Llc
Non-instructional Contract Labor
$186,370
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,069,939
All other contributions, gifts, grants, and similar amounts not included above$287,686
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,357,625
Total Program Service Revenue$23,742,962
Investment income $1,744
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $27,102,331

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Kipp Tech Valley Charter School has recieved totaling $1,315,138.

Awarding OrganizationAmount
Kipp Foundation

San Francisco, CA

PURPOSE: NEW SCHOOL START-UP FUNDING; MENTAL-HEALTH & HEALING ASSISTANCE

$1,282,363
Brighter Choice Foundation Inc

Glenmont, NY

PURPOSE: GENERAL OPERATING SUPPORT

$32,775
View Grant Recipient Profile

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