Nonprofit · EIN 26-3878865
KLARE HOLDINGS
Tax-exempt · LOS ANGELES, CA 90007
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KYLE SALYER | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $329,140 | $35,503 |
| JASON WILLIAMS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFF STRNAD | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| NOLAN HIGHBAUGH | PRESIDENT 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $21,794,410 | $20,831,975 | $291,026,977 | IRS |
| 990 | June 2022 | $20,876,670 | $15,696,634 | $277,764,082 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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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