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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 32-0495553

KBARE

Tax-exempt · OAKLAND, CA 94612

Financials

$6.1M$5.2M2023$7.4M$6M2024
Revenue Expenses · by fiscal year end
Financials of KBARE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,393,529$6,026,480$1,367,049$144,848,413$140,151,756$4,696,657
June 30, 2024990$6,121,771$5,150,528$971,243$103,061,354$99,731,746$3,329,608
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,383,944
Investment income
$1,009,585
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,346
Occupancy
$402,571
Depreciation
$2,128,390
Program services (functional)
$6,026,480

Balance sheet and other

Total assets, start of year
$103,061,354
Total assets, end of year
$144,848,413
Total liabilities, end of year
$140,151,756
Net assets, end of year
$4,696,657
Land, buildings and equipment
$119,478,005
Net assets without donor restrictions
$4,696,657
Gross receipts
$7,393,529
Employees
0
Volunteers
4
Year formed
2016
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 / weekCompensation
NOLAN HIGHBAUGHCFO
Trustee or director, Officer
2$0
GARY GIBBSPRESIDENT
Trustee or director, Officer
2$0
KEVIN GRIFFITHDIRECTOR
Trustee or director
2$0
DAVID PAULSONDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
NOLAN HIGHBAUGHCFO
Trustee or director, Officer
2$0
GARY GIBBSPRESIDENT
Trustee or director, Officer
2$0
RICK INTRATERSECRETARY
Trustee or director, Officer
2$0
DAVID PAULSONDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1 KAISER PLZ STE 550, OAKLAND, CA 94612-3611
Principal officer (990 for 2024)
GARY GIBBS, 1 KAISER PLAZA SUITE 550, OAKLAND, CA 94612
Signed the 990
MAHREEZ BERLOUI, CONTROLLER
Phone
(510) 465-5477
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

KBARE IS A NON-PROFIT CORPORATION WHICH WAS FORMED TO FINANCE, DEVELOP, LEASE, AND MAINTAIN CERTAIN SCHOOL FACILITIES FOR KIPP BAY AREA SCHOOLS.

990 for the year ended June 30, 2025

Program accomplishments

  • TO FINANCE, DEVELOP, LEASE, AND MAINTAIN CERTAIN SCHOOL FACILITIES FOR THE EXCLUSIVE SUPPORT OF KIPP BAY AREA SCHOOLS.
    Expenses $6,026,480 · revenue $6,383,944

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
32-0495553
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B19)
Assets (IRS master file)
$144,848,413
Income (IRS master file)
$7,393,529

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,393,529$6,026,480$144,848,413XML
990June 2024$6,121,771$5,150,528$103,061,354IRS
990June 2023$5,397,212$4,288,797$108,597,313IRS
990June 2022$2,222,585$2,409,352$81,855,634IRS
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 KBARE

What is the EIN of KBARE?
The employer identification number (EIN) of KBARE is 32-0495553.
Is KBARE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to KBARE tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does KBARE 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 KBARE 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 KBARE 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 KBARE?
The 990 for the year ended June 30, 2025 names GARY GIBBS.
Who are the officers and directors of KBARE?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does KBARE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,393,529, expenses of $6,026,480 and total assets of $144,848,413 at year end.

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