KIPP Inc dba Knowledge is Power Program IncClosed
Closed
Balance Sheet
Fiscal Year Start:
Jul 1
Closed
This organization closed in 2018. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Assets in 2017 (Year End)
$234,143,294
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
13%
Receivables (Non-Related)
9%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2017 (Year End)
$214,314,809
Tax-Exempt Bond Liabilities
56%
Other Liabilities
25%
Notes Payable / Debt (Non-Related)
11%
Payables & Accruals
8%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2017
2018
Change
Cash & Equivalents
$30,352,796
$0
-100%
Receivables (Non-Related)
$20,646,263
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$776,603
$0
-100%
Investments
$954,119
$0
-100%
Property, Plant, & Equipment (net)
$181,413,513
$0
-100%
Other Assets
$0
$0
-
Total Assets
$234,143,294
$0
-100%
Liabilities
2017
2018
Change
Payables & Accruals
$17,247,552
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$119,485,268
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$23,200,000
-
-
Related-Party Payables
-
-
-
Other Liabilities
$54,381,989
-
-
Total Liabilities
$214,314,809
$0
-100%
Net assets
2017
2018
Change
Restricted Net Assets
$2,680,605
-
-
Unrestricted Net Assets
$17,147,880
-
-
Net assets
2017
2018
Change
Net assets
+$19,828,485
+$0
-100%
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