Klare Holdings

Organization Overview

Klare Holdings is located in Los Angeles, CA. The organization was established in 2010. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Klare Holdings 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, Klare Holdings generated $15.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $12.0m during the year ending 06/2021. While expenses have increased by 15.3% 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

TO DEVELOP AND MAINTAIN CERTAIN FACILITIES FOR THE BENEFIT OF KIPP SOCAL PUBLIC SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION FINANCES, DEVELOPS, LEASES AND MAINTAINS CERTAIN SCHOOL FACILITIES TO HELP KIPP SOCAL PUBLIC SCHOOLS TO MORE EFFECTIVELY ACHIEVE ITS MISSION OF TOGETHER WITH FAMILIES AND COMMUNITIES, TO CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE TO PURSUE THE PATHS THEY CHOOSE- COLLEGE, CAREER AND BEYOND- SO THEY CAN LEAD FULFILLING LIVES AND CREATE A MORE JUST WORLD


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Board, Officers & Key Employees

Name (title)Compensation
Jason Williams
Treasurer
$0
Nolan Highbaugh
Chair
$0
Jeff Strnad
Secretary
$0
Kyle Salyer
Chief Financial Officer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Epi Construction Inc
Construction Contractor
$12,978,148
Oltmans Construction Co Inc
Construction Contractor
$7,762,351
Del Amo Construction Inc
Construction Contractor
$1,059,675
Pacific Building Group
Construction Contractor
$4,665,574
Franco Architects Inc
Architectural Services
$1,012,784
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,000,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$75,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,075,000
Total Program Service Revenue$0
Investment income $4,690
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $11,108,054
Net Gain/Loss on Asset Sales $14,280
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,264,279

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Klare Holdings has recieved totaling $25,000.

Awarding OrganizationAmount
James Irvine Foundation

San Francisco, CA

PURPOSE: FOR SUPPORT OF KIPP COMIENZA SCHOOL

$25,000
View Grant Recipient Profile

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