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KIPP ADMINISTRATIVE SERVICES CORPORATION

KIPP ADMINISTRATIVE SERVICES CORPORATION

Philadelpha, PA, US
501(c)3
EIN
45-2384209
Regional Funder
funder logo

KIPP ADMINISTRATIVE SERVICES CORPORATION

Philadelpha, PA, US
501(c)3
EIN
45-2384209
Regional Funder

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$9,214,308

Other Assets
65%
Cash & Equivalents
25%
Receivables (Non-Related)
10%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$3,769,651

Other Liabilities
94%
Payables & Accruals
6%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$313,849
$2,313,190
+637%
Receivables (Non-Related)
$1,741,821
$903,006
-48%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$30,499
$6,386
-79%
Investments
-
-
-
Property, Plant, & Equipment (net)
$37,595
$14,828
-61%
Other Assets
$11,504,748
$5,976,898
-48%
Total Assets
$13,628,512
$9,214,308
-32%
Liabilities
2023
2024
Change
Payables & Accruals
$510,041
$229,884
-55%
Grants Payable
-
-
-
Deferred Revenue
$30,132
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$219,110
$9,271
-96%
Related-Party Payables
-
-
-
Other Liabilities
$6,671,324
$3,530,496
-47%
Total Liabilities
$7,430,607
$3,769,651
-49%
Net assets
2023
2024
Change
Restricted Net Assets
$1,270,306
$1,051,690
-17%
Unrestricted Net Assets
$4,927,599
$4,392,967
-11%
Net assets
2023
2024
Change
Net assets
+$6,197,905
+$5,444,657
-12%
Balance Sheet
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