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Nonprofit · EIN 26-3878865

KLARE HOLDINGS

Tax-exempt · LOS ANGELES, CA 90007

Financials

$24.4M$18.2M2024
Revenue Expenses · by fiscal year end
Financials of KLARE HOLDINGS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$24,409,607$18,213,635$6,195,972$282,708,347$258,087,119$24,621,228
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$40,000
Program service revenue
$18,232,036
Investment income
$1,047,454
Net gain from sales of assets
$702,821
Other revenue
$5,090,117

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$48,192
Accounting fees
$40,847
Occupancy
$731,514
Depreciation
$8,325,607
Program services (functional)
$17,781,032
Management and general (functional)
$432,603

Balance sheet and other

Total assets, start of year
$286,499,573
Total assets, end of year
$282,708,347
Total liabilities, end of year
$258,087,119
Net assets, end of year
$24,621,228
Land, buildings and equipment
$246,114,326
Publicly traded securities
$7,027,540
Net assets without donor restrictions
$24,621,228
Gross receipts
$32,078,895
Employees
0
Volunteers
3
Year formed
2008
State of legal domicile
CA

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 orgsOther / benefits
KYLE SALYERCHIEF FINANCIAL OFFICER
Officer
1$0$329,140$35,503
JASON WILLIAMSTREASURER
Trustee or director, Officer
1$0$0$0
JEFF STRNADSECRETARY
Trustee or director, Officer
1$0$0$0
NOLAN HIGHBAUGHPRESIDENT
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
1933 S BROADWAY SUITE 1144, LOS ANGELES, CA 90007-4501
Principal officer (990 for 2024)
KYLE SALYER, 1933 S BROADWAY SUITE 1144, LOS ANGELES, CA 90007
Signed the 990
KYLE SALYER, CHIEF FINANCIAL OFFICER
Phone
(213) 489-4461
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO DEVELOP AND MAINTAIN CERTAIN FACILITIES FOR THE BENEFIT OF KIPP SOCAL PUBLIC SCHOOLS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION FINANCES, DEVELOPS, LEASES AND MAINTAINS CERTAIN SCHOOL FACILITIES TO HELP KIPP SOCAL PUBLIC SCHOOLS TO MORE EFFECTIVELY ACHIEVE ITS MISSION OF TOGETHER WITH FAMILIES AND COMMUNITIES, TO CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE TO PURSUE THE PATHS THEY CHOOSE COLLEGE, CAREER AND BEYOND SO THEY CAN LEAD FULFILLING LIVES AND CREATE A MORE JUST WORLD.
    Expenses $17,781,032 · revenue $18,232,036

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
26-3878865
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B112)
Assets (IRS master file)
$282,708,347
Income (IRS master file)
$32,078,895

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$21,794,410$20,831,975$291,026,977IRS
990June 2022$20,876,670$15,696,634$277,764,082IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about KLARE HOLDINGS

What is the EIN of KLARE HOLDINGS?
The employer identification number (EIN) of KLARE HOLDINGS is 26-3878865.
Is KLARE HOLDINGS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to KLARE HOLDINGS tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does KLARE HOLDINGS 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 KLARE HOLDINGS 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 KLARE HOLDINGS 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 KLARE HOLDINGS?
The 990 for the year ended June 30, 2025 names KYLE SALYER.
Who are the officers and directors of KLARE HOLDINGS?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does KLARE HOLDINGS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $24,409,607, expenses of $18,213,635 and total assets of $282,708,347 at year end.

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