Kipp Philadelphia Octavius Catto Charter School
- Assets
- $14.4m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 25
- Location
- Philadelphia, PA
- Founding
- Data as of
- 06/2023
- EIN
- 86-1797875
Organization Overview
Kipp Philadelphia Octavius Catto Charter School is located in Philadelphia, PA. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Kipp Philadelphia Octavius Catto Charter School employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kipp Philadelphia Octavius Catto 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A PUBLIC SCHOOL SERVICING STUDENTS IN KINDERGARTEN - 2ND GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A PUBLIC SCHOOL SERVING STUDENTS IN KINDERGARTEN - 2ND GRADE. WE SERVE 300 STUDENTS THROUGHOUT PHILADELPHIA. WE PROVIDE THE CRITICAL RESOURCES NEEDED TO SUPPORT THE SOCIAL-EMOTIONAL HEALTH OF OUR STUDENTS, FAMILIES, ALUMNI, AND STAFF.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Rankin School Leader | Officer | 50 | $61,711 |
Samantha Wilson-Jones Chair | OfficerTrustee | 0.25 | $0 |
Ann Aerts Vice Chair | OfficerTrustee | 0.25 | $0 |
Bernard Cummings Treasurer | OfficerTrustee | 0.25 | $0 |
Amanda Keyes Secretary | OfficerTrustee | 0.25 | $0 |
Chris Johnson Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $750,000 |
| Government grants | $439,775 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,189,775 |
| Total Program Service Revenue | $2,359,798 |
| Investment income | $3 |
| 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 | $3,549,576 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,876 |
| Compensation of current officers, directors, key employees. | $161,876 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,432,375 |
| Pension plan accruals and contributions | $68,616 |
| Other employee benefits | $217,401 |
| Payroll taxes | $156,385 |
| Fees for services: Management | $257,178 |
| Fees for services: Legal | $615 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $607,558 |
| Advertising and promotion | $0 |
| Office expenses | $39,598 |
| Information technology | $49,609 |
| Royalties | $0 |
| Occupancy | $530,117 |
| Travel | $24,512 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $911,754 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $893,090 |
| Insurance | $41,161 |
| All other expenses | $53,916 |
| Total functional expenses | $6,361,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,698 |
| Savings and temporary cash investments | $4,004 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $208,930 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,587 |
| Net Land, buildings, and equipment | $2,547,365 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,436,102 |
| Total assets | $14,431,686 |
| Accounts payable and accrued expenses | $881,384 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,938,521 |
| Other liabilities | $14,631,687 |
| Total liabilities | $17,451,592 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$2,824,888 |
| Paid-in or capital surplus, or land, building, or equipment fund | -$195,018 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,431,686 |