Nonprofit · EIN 68-0502820
KIPP MEMPHIS INC
Tax-exempt · MEMPHIS, TN 38108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $22,025,102 | $17,102,293 | $4,922,809 | $31,369,895 | $3,729,877 | $27,640,018 |
| June 30, 2024 | 990 | $25,247,760 | $20,319,364 | $4,928,396 | $26,722,929 | $4,186,825 | $22,536,104 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $21,409,168
- of which government grants
- $20,046,288
- Program service revenue
- $0
- Investment income
- $244,754
- Other revenue
- $371,180
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $418,960
- Other salaries and wages
- $8,381,200
- Salaries, compensation and benefits (total)
- $11,284,240
- Professional fundraising fees
- $0
- Legal fees
- $15,281
- Occupancy
- $1,169,371
- Travel
- $2,018
- Depreciation
- $391,389
- Program services (functional)
- $12,931,948
- Management and general (functional)
- $4,170,345
Balance sheet and other
- Total assets, start of year
- $26,722,929
- Total assets, end of year
- $31,369,895
- Total liabilities, end of year
- $3,729,877
- Net assets, end of year
- $27,640,018
- Land, buildings and equipment
- $8,057,751
- Publicly traded securities
- $4,431,456
- Gross receipts
- $22,025,102
- Employees
- 198
- Volunteers
- 35
- Year formed
- 2002
- State of legal domicile
- TN
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 | Other / benefits |
|---|---|---|---|---|
| ANTONIO BURT | CHIEF EXECUTIVE OFFICER Officer | 50 | $240,669 | $15,851 |
| GENARD PHILLIPS | CHIEF OPERATIONS OFFICER Highest-paid employee | 50 | $138,429 | $15,658 |
| ANGELA CARR | CHIEF FINANCIAL OFFICER Officer | 50 | $140,514 | $12,940 |
| LAQUITA TATE | CHIEF OF ACADEMICS Highest-paid employee | 50 | $133,180 | $17,504 |
| LISCHA BROOKS | CHIEF OF SCHOOLS Highest-paid employee | 50 | $121,878 | $20,944 |
| TONYE MCBRIDE | PRINCIPAL HIGH SCHOOL Highest-paid employee | 50 | $131,289 | $9,725 |
| TRACY BRITTMON | CHIEF HUMAN RESOURCES OFFI Highest-paid employee | 50 | $127,560 | $12,184 |
| LIN JOHNSON | BOARD CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ROQUEL CRUTCHER | VICE CHAIR/GOVERN CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JANE NEAL | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MIKARA DAVIS | FINANCE CHAIR Trustee or director | 2 | $0 | $0 |
| DESIREE LYLES-WALLACE | ACADEMIC EXCELLENCE CHAIR Trustee or director | 2 | $0 | $0 |
| ALFRED ANDERSON | OPERATIONS & FACILITIES CH Trustee or director | 2 | $0 | $0 |
| DR LARITHA SWEET | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DORSEY HOPSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATASHA GATSON | BOARD MEMBER Trustee or director | 2 | $0 |
| DETARIO YANCEY | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANTONIO BURT | EXECUTIVE DIRECTOR Officer | 50 | $240,125 | $18,621 |
| ANGELA CARR | CHIEF FINANCIAL OFFICER Officer | 50 | $139,231 | $13,099 |
| MELODY SMITH | PRINCIPAL Highest-paid employee | 50 | $128,340 | $14,903 |
| VEDA TURNER | PRINCIPAL Highest-paid employee | 50 | $132,500 | $10,341 |
| LISCA BROOKS | CHIEF OF SCHOOLS Highest-paid employee | 50 | $119,642 | $22,875 |
| KELLY HENDERSON | ACADEMIC PROGRAMS AND SUPPORT DIRECTOR Highest-paid employee | 50 | $118,759 | $22,974 |
| TRACY BRITTMON | CHIEF HUMAN RESOURCES OFFI Highest-paid employee | 50 | $123,885 | $12,170 |
| MIKARA DAVIS | GOVERNANCE CHAIR/ BOARD CH Trustee or director, Officer | 4 | $0 | $0 |
| DR LARITHA SWEET | FINANCE CHAIR/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DORSEY HOBSON | VICE BOARD CHAIR/GOVERNANC Trustee or director | 2 | $0 | $0 |
| DESIREE LYLES-WALLACE | SECRETARY Trustee or director | 2 | $0 | $0 |
| CHERYL GREEN | ACADEMIC EXCELLENCE CHAIR Trustee or director | 2 | $0 | $0 |
| ALFRED ANDERSON | OPERATIONS & FACILITIES CH Trustee or director | 2 | $0 | $0 |
| LIN JOHNSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TALIA PALACIO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SABRINA DAWSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROQUEL CRUTCHER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HOLLY COLEMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JANE MAINA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PENNY ALVAREZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2110 HOWELL AVE, MEMPHIS, TN 38108-2268
- In care of
- % ANGELA CARR
- Principal officer (990 for 2024)
- ANTONIO BURT, 2110 HOWELL AVENUE, MEMPHIS, TN 381082268
- Signed the 990
- ANTONIO BURT, CHIEF EXECUTIVE OFFICER
- Phone
- (901) 452-2682
- Website
- WWW.KIPPMEMPHIS.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
KIPP MEMPHIS PUBLIC SCHOOLS (KMPS) IS PART OF THE NON-PROFIT KIPP PUBLIC SCHOOLS NETWORK. TOGETHER WITH FAMILIES AND COMMUNITIES, KMPS 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 BUILD A MORE JUST WORLD.
Program accomplishments
- CHARTER SCHOOL OPERATION: TO PROVIDE INNER-CITY YOUTH COLLEGE-PREPARATORY PUBLIC EDUCATION WITH EMPHASIS ON STRONG ACADEMICS, CHARACTER DEVELOPMENT, AND SUPPORT WITH THE COLLEGE ADMISSIONS PROCESS. CURRENTLY OPERATING THREE SCHOOLS AND EDUCATING NEARLY 1,000 STUDENTS IN MEMPHIS.Expenses $12,931,948 · revenue $371,180
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
- 68-0502820
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $31,369,895
- Income (IRS master file)
- $22,025,102
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $22,025,102 | $17,102,293 | $31,369,895 | XML |
| 990 | June 2024 | $25,247,760 | $20,319,364 | $26,722,929 | XML |
| 990 | June 2023 | $29,831,220 | $30,052,609 | $19,096,506 | IRS |
| 990 | June 2022 | $25,479,805 | $23,420,920 | $24,468,081 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 68-0502820).
Questions about KIPP MEMPHIS INC
- What is the EIN of KIPP MEMPHIS INC?
- The employer identification number (EIN) of KIPP MEMPHIS INC is 68-0502820.
- Is KIPP MEMPHIS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to KIPP MEMPHIS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KIPP MEMPHIS 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 MEMPHIS 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 MEMPHIS 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 MEMPHIS INC?
- The 990 for the year ended June 30, 2025 names ANTONIO BURT.
- Who are the officers and directors of KIPP MEMPHIS INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 7 received compensation from the organization, the highest $240,669 (ANTONIO BURT, CHIEF EXECUTIVE OFFICER).
- How much revenue does KIPP MEMPHIS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $22,025,102, expenses of $17,102,293 and total assets of $31,369,895 at year end.
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