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Nonprofit · EIN 20-5664061

KIPP CHARLOTTE INC

Tax-exempt · CHARLOTTE, NC 28215

Financials

$13.1M$12.3M2022$13.8M$13M2023$12.4M$12.3M2024
Revenue Expenses · by fiscal year end
Financials of KIPP CHARLOTTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,433,166$12,282,790$150,376$19,147,056$13,328,455$5,818,601
June 30, 2024990$13,841,843$13,008,030$833,813$19,405,457$13,575,832$5,829,625
June 30, 2023990$13,101,242$12,278,405$822,837$18,917,961$14,118,396$4,799,565
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$12,042,395
of which government grants
$11,998,752
Program service revenue
$24,377
Investment income
$263,867
Net rental income
$21,322
Net gain from sales of assets
$163,496
Other revenue
$102,527

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$5,397,265
Salaries, compensation and benefits (total)
$6,649,979
Professional fundraising fees
$0
Legal fees
$5,240
Accounting fees
$11,400
Occupancy
$164,424
Travel
$81,843
Depreciation
$317,389
Program services (functional)
$8,300,874
Management and general (functional)
$3,981,916

Balance sheet and other

Total assets, start of year
$19,405,457
Total assets, end of year
$19,147,056
Total liabilities, end of year
$13,328,455
Net assets, end of year
$5,818,601
Land, buildings and equipment
$10,681,198
Net assets without donor restrictions
$4,808,255
Net assets with donor restrictions
$1,010,346
Gross receipts
$12,433,166
Employees
162
Volunteers
10
Year formed
2007
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
TIM SAINTSINGCEO
Officer
15$0$219,416
ANOKHI SARAIYACHIEF ACADEMIC OFFICER
Officer
15$0$189,072
MAI LI MUNOZCHIEF OF EXT. AFFAIRS (THRU 1/31/25)
Officer
15$0$159,778
LIZZETTE CINTRONCHIEF TALENT OFFICER
Officer
15$0$151,358
MALCOLM BROOKSSCHOOL DIRECTOR
Highest-paid employee
40$130,791$0
ANTHONY BURRELLCHIEF FINANCIAL OFFICER
Officer
15$0$129,724
STACY SHEPARDSCHOOL PRINCIPAL
Highest-paid employee
40$119,568$0
CHRISTIAN DRAKECOO THROUGH 9/13/2024
Officer
15$0$118,927
MICHAEL STIMPFELCFO THROUGH 8/09/2024
Officer
15$0$112,579
DOUGLAS KAHNBOARD CHAIR
Trustee or director, Officer
5$0$0
RUSS ALTENBURGBOARD MEMBER
Trustee or director
2$0$0
DANIELA DOYLEBOARD MEMBER
Trustee or director
2$0$0
KIMBERLY GREENBOARD MEMBER
Trustee or director
2$0$0
KELBY HICKSBOARD MEMBER
Trustee or director
2$0$0
JON MORRISBOARD MEMBER
Trustee or director
2$0$0
4 more people on this return
NameTitleHours / weekCompensation
REID PHILLIPSBOARD MEMBER
Trustee or director
2$0
JAMES SCRUGGSBOARD MEMBER
Trustee or director
2$0
RICH RICHARDSBOARD MEMBER
Trustee or director
2$0
JULIUS TILLERYBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgs
TIM SAINTSINGCEO
Officer
15$0$219,457
ANOKHI SARAIYACHIEF ACADEMIC OFFICER
Officer
15$0$180,798
MICHAEL STIMPFELCHIEF FINANCIAL OFFICER
Officer
15$0$167,832
MAI LI MUNOZCHIEF OF EXTERNAL AFFAIRS
Officer
15$0$151,320
CHRISTIAN DRAKECOO
Officer
15$0$150,308
LIZZETTE CINTRONCHIEF TALENT OFFICER
Officer
15$0$145,276
MALCOLM BROOKSSCHOOL ADMINISTRATOR
Highest-paid employee
40$118,097$0
DOUGLAS KAHNBOARD CHAIR
Trustee or director
5$0$0
RUSS ALTENBURGBOARD MEMBER
Trustee or director
2$0$0
KIMBERLY GREENBOARD MEMBER
Trustee or director
2$0$0
KELBY HICKSBOARD MEMBER
Trustee or director
2$0$0
JON MORRISBOARD MEMBER
Trustee or director
2$0$0
REID PHILLIPSBOARD MEMBER
Trustee or director
2$0$0
JULIUS TILLERYBOARD MEMBER
Trustee or director
2$0$0
RICH RICHARDSBOARD MEMBER
Trustee or director
2$0$0
ARTHUR ROGERSBOARD MEMBER
Trustee or director
2$0$0
MINNIE FORTE-BROWNBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
MALCOLM BROOKSPRINCIPAL
Trustee or director
40$110,656
TIFFANY FLOWERSPRINCIPAL
Trustee or director
40$63,362
DINESH CHOPRAFORMER CHAIR
Trustee or director
5$0
MINNIE FORTE-BROWNMEMBER
Trustee or director
1$0
KIMBERLY GREENMEMBER
Trustee or director
1$0
KELBY HICKSMEMBER
Trustee or director
1$0
DOUGLAS KHANINTERIM CHAI
Trustee or director, Officer
1$0
JON MORRISMEMBER
Trustee or director
1$0
ARTHUR ROGERSMEMBER
Trustee or director
1$0
JULIUS TILLERYMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
931 WILANN DR, CHARLOTTE, NC 28215-2147
Principal officer (990 for 2024)
ANTHONY BURRELL, 931 WILANN DRIVE, CHARLOTTE, NC 28215
Signed the 990
ANTHONY BURRELL, CHIEF FINANCIAL OFFICER
Phone
(704) 537-2044
Return prepared by
SHARPE PATEL CPA

Mission

OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR CHILDREN ATTENDING THE CHARTER SCHOOL.
    Expenses $8,300,874 · revenue $126,904

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-5664061
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B25)
Assets (IRS master file)
$19,147,056
Income (IRS master file)
$12,433,166

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,433,166$12,282,790$19,147,056IRS
990June 2024$13,841,843$13,008,030$19,405,457XML
990June 2023$13,101,242$12,278,405$18,917,961XML
990June 2022$12,861,729$11,629,476$18,623,018IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5664061).

Questions about KIPP CHARLOTTE INC

What is the EIN of KIPP CHARLOTTE INC?
The employer identification number (EIN) of KIPP CHARLOTTE INC is 20-5664061.
Is KIPP CHARLOTTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to KIPP CHARLOTTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KIPP CHARLOTTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KIPP CHARLOTTE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KIPP CHARLOTTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KIPP CHARLOTTE INC?
The 990 for the year ended June 30, 2025 names ANTHONY BURRELL.
Who are the officers and directors of KIPP CHARLOTTE INC?
The 990 for the year ended June 30, 2025 lists 19 people; 2 received compensation from the organization.
How much revenue does KIPP CHARLOTTE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $12,433,166, expenses of $12,282,790 and total assets of $19,147,056 at year end.

Other nonprofits in CHARLOTTE

All nonprofits in CHARLOTTE · North Carolina · Education