KIPP COOPER NORCROSS INC A NEW JERSEY NONPROFIT CORPORATION
Revoked

KIPP COOPER NORCROSS INC A NEW JERSEY NONPROFIT CORPORATION
Revoked

NEWARK, NJ, US
501(c)(3)
EIN
45-5040456
School

KIPP COOPER NORCROSS INC A NEW JERSEY NONPROFIT CORPORATION
Revoked

NEWARK, NJ, US
501(c)(3)
EIN
45-5040456
School

Balance Sheet

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

$205,235,922

Property, Plant, & Equipment (net)
64%
Other Assets
15%
Cash & Equivalents
13%
Investments
6%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$203,557,609

Tax-Exempt Bond Liabilities
41%
Notes Payable / Debt (Non-Related)
41%
Other Liabilities
15%
Payables & Accruals
2%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$47,869,881
$26,771,734
-44%
Receivables (Non-Related)
$7,208,371
$4,021,032
-44%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$71,009
$464,558
+554%
Investments
-
$11,530,310
-
Property, Plant, & Equipment (net)
$128,714,415
$131,278,910
+2%
Other Assets
$27,819,378
$31,169,378
+12%
Total Assets
$211,683,054
$205,235,922
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$13,368,695
$3,464,740
-74%
Grants Payable
-
-
-
Deferred Revenue
-
$382,678
-
Tax-Exempt Bond Liabilities
$84,130,000
$84,130,000
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$84,833,155
$84,072,505
-1%
Related-Party Payables
-
-
-
Other Liabilities
$24,052,061
$31,507,686
+31%
Total Liabilities
$206,383,911
$203,557,609
-1%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$5,299,143
+$1,678,313
-68%
Balance Sheet
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