Kipp Miami Inc

Organization Overview

Kipp Miami Inc is located in Miami, FL. The organization was established in 2018. 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 Miami Inc employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kipp Miami Inc 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 Miami Inc generated $15.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 61.7% each year . All expenses for the organization totaled $11.2m during the year ending 06/2021. While expenses have increased by 52.4% per year over the past 3 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 MIAMI PUBLIC SCHOOLS SEEK TO CREATE AND SUSTAIN HIGH ACHIEVING AND INSPIRING COMMUNITY SCHOOLS THAT BATTLE INEQUITY BY EMPOWERING STUDENTS TO DEVELOP THE KNOWLEDGE, SKILLS, CHARACTER STRENGTHS, AND HABITS TO THRIVE IN COLLEGE AND BEYOND, SHAPE THEIR FUTURES, AND POSITIVELY IMPACT THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KIPP MIAMI OFFERS A NEW MODEL AND EDUCATION ALTERNATIVE FOR FAMILIES AND STUDENTS IN OUR COMMUNITY. KIPP MIAMI, INC. OPENED THEIR FOUNDING SCHOOL KIPP SUNRISE ACADEMY EFFECTIVE JULY 1, 2018. SINCE THAT TIME, KIPP MIAMI HAS GROWN TO INCLUDE 4 SCHOOLS, WITH THE NEWEST SCHOOL, KIPP ROYALTY ACADEMY, OPENING AS OF JULY 1, 2021. WITH KIPP MIAMI'S GROWTH, THEY ARE NOW SERVING NEARLY 1,000 STUDENTS IN TOTAL BETWEEN ELEMENTARY AND MIDDLE SCHOOL IN SOME OF THE COMMUNITIES' MOST UNDERSERVED AREAS, AND THOSE STUDENTS ARE RECEIVING THAT OPPORTUNITY WITH AN EDUCATIONAL ALTERNATIVE THAT IS COMMITTEDTO SEEING THEM SUCCEED TO AND THROUGH COLLEGE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The School Board Of Miami-dade County F
Management Services
$132,702
Kipp New Jersey
Educational Services
$795,730
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $11,979,159
All other contributions, gifts, grants, and similar amounts not included above$3,040,143
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$15,019,302
Total Program Service Revenue$0
Investment income $0
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 $15,019,302

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Kipp Miami Inc has recieved totaling $2,625,953.

Awarding OrganizationAmount
Kipp Foundation

San Francisco, CA

PURPOSE: FOUNDING SCHOOL LEADER DEVELOPMENT; NEW SCHOOL START-UP; MENTAL-HEALTH & HEALING ASSISTANCE

$2,390,153
Kipp Team And Family Schools Inc

Newark, NJ

PURPOSE: SUPPORT AND EXPANSION FOR KIPP MIAMI PUBLIC SCHOOLS IN MIAMI, FL.

$225,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$10,800
View Grant Recipient Profile

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