Together with families and communities, we create joyful, academically excellent schools that prepare students with the skills and confidence to pursue the paths they choose for college, career, and beyond so they can lead fulfilling lives and build a more just world.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $9.4M a year · 16% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
18
named funders · $4.7M
Looks good: 18 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$49.5M
61% of total assets
Fine: liabilities are 61% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$48.0M
+52% vs prior year
Spent
$34.5M
To programs
76%
Net assets
$31.3M
By yearFY2020–FY2025
Revenue
$48.0M
FY2021▲ +52%
Tap a bar for its year
Revenue by fiscal year
FY2020$31.6M
FY2021$48.0M
FY2022$59.9M
FY2023$64.3M
FY2024$70.8M
FY2025$72.0M
Expenses
$34.5M
FY2021▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$29.6M
FY2021$34.5M
FY2022$43.8M
FY2023$55.3M
FY2024$60.4M
FY2025$66.5M
Net assets
$31.3M
FY2021▲ +76%
Tap a bar for its year
Net assets by fiscal year
FY2020$17.7M
FY2021$31.3M
FY2022$47.4M
FY2023$56.7M
FY2024$67.1M
FY2025$72.7M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $26.1M Management & general 24% · $8.1M Fundraising 1% · $230K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$226,000Pt VII · Sec A
Chief of Schools
$158,200Pt VII · Sec A
Chief Financial Officer
$155,100Pt VII · Sec A
Chief Operating Officer
$144,000Pt VII · Sec A
Chief Talent Officer
$130,000Pt VII · Sec A
Head of School
$128,500Pt VII · Sec A
$126,642Pt VII · Sec A
Principal
$112,519Pt VII · Sec A

Randy Dowell’s $298K as Executive Director is at the 64th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Randy Dowell$298,064$266,765$248,836$231,295$226,000$206,739
Carey Peek$203,688$190,771$75,038———
Tiffany Vanlier$188,740—————
Lindsay Wright$186,906—$137,855$123,303$130,000$55,694
Adrianna Clemons$178,828$157,744$148,070$135,073$144,000$113,649
James Robinson—$170,761————
Katherine Baker$168,434$149,197$134,996$115,275——
Tiffany Russ—$164,057$139,845$119,020—$92,935

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Kipp Nashville executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps students facing educational disadvantages succeed.

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Provided by the organization

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1 program · $26.1M · in their own filed words · FY2020
01

Kipp nashville has been approved to operate public charter schools. As of june 30, 2021, kipp nashville has entered into charter school agreements with both metro nashville public schools and the state of tennessee board of education to operate the following charter schools in nashville, tennessee: kipp academy nashville (grades five…

$26.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 18 funders →
Grants paid · 23 grants · $50K · 2023–2024
Unitemized GrantFY2024$10,000
Unitemized GrantFY2024$4,150
Unitemized GrantFY2024$4,000
Unitemized GrantFY2024$2,300
Unitemized GrantFY2024$2,000
Unitemized GrantFY2024$1,800
Unitemized GrantFY2024$1,409
Unitemized GrantFY2024$446
Unitemized GrantFY2024$390
Unitemized GrantFY2024$360
Unitemized GrantFY2024$315
Unitemized GrantFY2024$223
Unitemized GrantFY2024$115
Unitemized GrantFY2023$5,309
Unitemized GrantFY2023$3,500
Unitemized GrantFY2023$2,431
Unitemized GrantFY2023$2,047
Unitemized GrantFY2023$2,000
See all 23 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$48.0M
Ln 12
Gifts and grantsLn 1h$43.9M
Other incomeLn 4–11$4.0M
Investment incomeLn 3$45K
Money outPt IX
$34.5M
Ln 25
Programscol B$26.1M
Managementcol C$8.1M
Fundraisingcol D$230K
Owns and owesPt X
$31.3M
net assets · Ln 32
Cash and savingsLn 1–2$26.2M
Total assetsLn 16$80.8M
LiabilitiesLn 26$49.5M
PeoplePt VI, VII
24
listed · VII A
PaidVII A10
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$43.9M
Government grantsLn 1e$40.1M
Investment incomeLn 3$45K
Other incomeLn 4–11$4.0M
Total revenueLn 12$48.0M
Assets in detailPt X, end of year
CashLn 1$26.2M
Cash and savings togetherLn 1–2$26.2M
InvestmentsLn 11–13$308K
Land, buildings, equipmentLn 10c$29.3M
Other assetsLn 15$20.3M
Total assetsLn 16$80.8M
LiabilitiesLn 26$49.5M
Net assetsLn 32$31.3M
OperationsPt I, VI
EmployeesI 5698
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Bond issues listedSch K Pt I2
Raised by those issuesSch K Pt I$19.0M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$33.0M$26.2M
InvestmentsLn 11–13$243K$308K
Land, buildings, equipmentLn 10c$21.8M$29.3M
Total assetsLn 16$69.2M$80.8M
LiabilitiesLn 26$51.5M$49.5M
Net assetsLn 32$17.7M$31.3M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.7M$1.3M$425K
Other salaries and wagesLn 7$20.8M$15.6M$5.2M
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$65K$65K
Other fees for servicesLn 11g$1.4M$293K$1.1M
Office expensesLn 13$2.2M$2.1M$110K
OccupancyLn 16$2.6M$2.2M$396K
TravelLn 17$140K$140K
Depreciation, depletion and amortizationLn 22$1.9M$1.2M$775K
Other expenses (24a–d)Ln 24$3.6M$3.3M$18K$230K
Total functional expensesLn 25$34.5M$26.1M$8.1M$230K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $72.0M$66.5M$5.5M$72.7M 990 PDF
FY2024Filed with the IRS Mar 28, 2025 $70.8M$60.4M$10.4M$67.1M 990 PDF
FY2023Filed with the IRS Apr 25, 2024 $64.3M$55.3M$9.0M$56.7M 990 PDF
FY2022Filed with the IRS May 15, 2023 $59.9M$43.8M$16.1M$47.4M 990 PDF
FY2021 ViewingFiled with the IRS May 16, 2022 $48.0M$34.5M$13.5M$31.3M 990 PDF
FY2020Filed with the IRS May 12, 2021 $31.6M$29.6M$2.0M$17.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $47,985,945 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $31,106,495$43,927,884
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $88,783$44,758
I-11 Other revenuePrior year $383,243$4,013,303
I-12 Total revenuePrior year $31,578,521$47,985,945
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $20,105,935$22,530,706
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,516,888$11,940,141
I-18 Total expensesPrior year $29,622,823$34,470,847
I-19 Revenue less expensesPrior year $1,955,698$13,515,098
Part VI · Governance 14 of 14 board members independent, 2 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $47,985,945 across 6 lines filed
VIII-1e Government grants$40,125,580
VIII-1f All other contributions, gifts and grants$3,802,304
VIII-1h Total contributions, gifts and grants$43,927,884
VIII-3 Investment incomeExcluded from tax $44,758$44,758
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,013,303$4,013,303
VIII-12 Total revenueRelated to mission $4,013,303 · Unrelated business $0 · Excluded from tax $44,758$47,985,945
Part IX · Statement of functional expenses $34,470,847 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,275,238 · Management $425,079$1,700,317
IX-7 Other salaries and wagesPrograms $15,622,791 · Management $5,207,598$20,830,389
IX-11b Legal feesManagement $13,091$13,091
IX-11c Accounting feesManagement $64,750$64,750
IX-11g Other fees for servicesPrograms $293,023 · Management $1,094,251$1,387,274
IX-13 Office expensesPrograms $2,085,783 · Management $109,778$2,195,561
IX-16 OccupancyPrograms $2,246,830 · Management $396,500$2,643,330
IX-17 TravelPrograms $139,863$139,863
IX-22 Depreciation, depletion and amortizationPrograms $1,161,875 · Management $774,583$1,936,458
IX-24 Other expenses (24a–d)Programs $3,311,183 · Management $18,385 · Fundraising $230,246$3,559,814
IX-25 Total functional expensesPrograms $26,136,586 · Management $8,104,015 · Fundraising $230,246$34,470,847
Part X · Balance sheet $80,824,528 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $33,014,942$26,196,726
X-3 Pledges and grants receivableStart of year $1,608,578$1,859,696
X-4 Accounts receivableStart of year $20,652$238,740
X-9 Prepaid expenses and deferred chargesStart of year $2,089,111$2,541,471
X-10c Land, buildings and equipment, netStart of year $21,847,618$29,287,189
X-13 Program-related investmentsStart of year $243,120$307,882
X-14 Intangible assetsStart of year $84,851$84,851
X-15 Other assetsStart of year $10,338,297$20,307,973
X-16 Total assetsStart of year $69,247,169$80,824,528
X-17 Accounts payable and accrued expensesStart of year $4,373,416$2,807,020
X-19 Deferred revenueStart of year $2,280,479$5,929,006
X-24 Unsecured notes and loans payableStart of year $43,620,376$40,775,876
X-25 Other liabilitiesStart of year $1,229,964$0
X-26 Total liabilitiesStart of year $51,504,235$49,511,902
X-27 Net assets without donor restrictionsStart of year $17,274,377$25,588,969
X-28 Net assets with donor restrictionsStart of year $468,557$5,723,657
X-32 Total net assets or fund balancesStart of year $17,742,934$31,312,626
X-33 Total liabilities and net assetsStart of year $69,247,169$80,824,528
Part XI · Reconciliation of net assets $31,312,626 net assets at year end
XI-1 Total revenue$47,985,945
XI-2 Total expenses$34,470,847
XI-3 Revenue less expenses$13,515,098
XI-4 Net assets at start of year$17,742,934
XI-5 Net unrealized gains (losses) on investments$54,594
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$31,312,626

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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