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 college, career, and beyond so they can lead fulfilling lives and build a more just world. We are building a growing tk-12 network of inclusive, community-focused, college-preparatory Schools that empower students and parents; supporting students through college and to career; and developing highly effective teachers and leaders -- Kipp Bay Area Schools will disrupt racial and socio-economic inequities in educational access and outcomes, and achieve a catalytic impact on the broader public education system.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 121 volunteers and 1,310 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
5 of 6
filings with a surplus
Average surplus $10.7M a year · 8% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.4M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$115.6M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$168.8M
+8% vs prior year
Spent
$162.0M
To programs
77%
Net assets
$195.8M
By yearFY2020–FY2025
Revenue
$168.8M
FY2025▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$100.5M
FY2021$112.3M
FY2022$135.6M
FY2023$132.1M
FY2024$156.9M
FY2025$168.8M
Expenses
$162.0M
FY2025▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$89.3M
FY2021$97.4M
FY2022$110.6M
FY2023$134.8M
FY2024$148.1M
FY2025$162.0M
Net assets
$195.8M
FY2025▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$143.6M
FY2021$158.5M
FY2022$177.9M
FY2023$175.0M
FY2024$186.5M
FY2025$195.8M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

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

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $125.0M Management & general 22% · $35.5M Fundraising 1% · $1.5M

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

Something off? Claim to add context

Who runs it and what they're paid

32 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$331,929Pt VII · Sec A
Chief of Schools
$247,692Pt VII · Sec A
Chief Financial Officer
$232,608Pt VII · Sec A
Chief of Schools
$222,952Pt VII · Sec A
Chief of Growth
$220,527Pt VII · Sec A
Chief Equity & Strategy Officer
$171,790Pt VII · Sec A
Managing Director of Data & Tech
$169,419Pt VII · Sec A
Chief Operating Officer
$167,663Pt VII · Sec A

Elizabeth Thompson’s $332K as Chief Executive Officer is at the 16th percentile of top reported officer pay among 674 $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
Elizabeth Thompson$331,929—————
Beth Sutkus-Thompson————$326,088$314,957
Cherese Brauer—$127,785$317,873$251,861$187,075$184,269
Elizabeth Sutkus-Thompson—$180,993—$310,408——
Jenny Tan$247,692$262,939$223,193———
Hilary Harmssen$220,527$251,664————
Cory Vastola$232,608$248,765$244,521$208,355——
David Ling—$245,545$214,264$212,893$185,454$179,141

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 Bay Area Schools executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aYes

Programs and updates

Prepares students with skills and confidence for their future success.

Questions for Kipp Bay Area Schools

Tap to ask. Kipp Bay Area Schools sees how many people are interested.

Your first name shows with your question. Kipp Bay Area Schools answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $125.0M · in their own filed words · FY2024
01

Kipp bay area schools supports the growth, quality, and sustainability of kipp schools in northern california. Part of this effort involves fundraising to support the educational activities at each of our schools.

$125.0Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 6 grants · $159K · 2019–2024
Unitemized GrantFY2024$12,974
Unitemized GrantFY2023$9,982
Unitemized GrantFY2022$17,233
Unitemized GrantFY2021$16,398
Unitemized GrantFY2020$32,174
Unitemized GrantFY2019$70,276

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$168.8M
Ln 12
Gifts and grantsLn 1h$163.2M
Investment incomeLn 3$4.7M
Other incomeLn 4–11$913K
Money outPt IX
$162.0M
Ln 25
Programscol B$125.0M
Managementcol C$35.5M
Fundraisingcol D$1.5M
Owns and owesPt X
$195.8M
net assets · Ln 32
Cash and savingsLn 1–2$53.5M
Total assetsLn 16$311.4M
LiabilitiesLn 26$115.6M
PeoplePt VI, VII
32
listed · VII A
PaidVII A12
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$163.2M
Government grantsLn 1e$130.2M
Investment incomeLn 3$4.7M
Other incomeLn 4–11$913K
Gains on assetsLn 7$68K
Total revenueLn 12$168.8M
Assets in detailPt X, end of year
CashLn 1$4.8M
SavingsLn 2$48.7M
Cash and savings togetherLn 1–2$53.5M
InvestmentsLn 11–13$66.7M
Land, buildings, equipmentLn 10c$21.5M
Other assetsLn 15$92.5M
Total assetsLn 16$311.4M
LiabilitiesLn 26$115.6M
Net assetsLn 32$195.8M
OperationsPt I, VI
EmployeesI 51,310
VolunteersI 6121
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$52.6M$53.5M
InvestmentsLn 11–13$72.2M$66.7M
Land, buildings, equipmentLn 10c$20.3M$21.5M
Total assetsLn 16$304.8M$311.4M
LiabilitiesLn 26$118.3M$115.6M
Net assetsLn 32$186.5M$195.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$13K$13K
Pay of current officers, directors and key staffLn 5$1.7M$1.4M$252K
Other salaries and wagesLn 7$83.9M$65.3M$17.7M$853K
Pension plan contributionsLn 8$3.4M$2.3M$1.1M
Other employee benefitsLn 9$11.7M$7.9M$3.8M
Payroll taxesLn 10$6.5M$6.3M$213K
Management feesLn 11a$1.2M$1.2M
Legal feesLn 11b$1.6M$1.6M
Accounting feesLn 11c$279K$128K$151K
Other fees for servicesLn 11g$11.9M$6.1M$5.6M$265K
Advertising and promotionLn 12$1.6M$789K$778K$10K
Office expensesLn 13$2.0M$1.8M$220K
Information technologyLn 14$3.4M$2.8M$505K$39K
OccupancyLn 16$16.0M$15.3M$744K
TravelLn 17$828K$616K$212K
Conferences, conventions and meetingsLn 19$1.2M$810K$338K$3K
InterestLn 20$59K$59K
Depreciation, depletion and amortizationLn 22$2.0M$2.0M$19K
InsuranceLn 23$872K$855K$18K
Other expenses (24a–d)Ln 24$11.7M$9.3M$2.1M$326K
All other expensesLn 24e$324K$100K$192K$32K
Total functional expensesLn 25$162.0M$125.0M$35.5M$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $168.8M$162.0M$6.8M$195.8M 990 PDF
FY2024 $156.9M$148.1M$8.8M$186.5M 990 PDF
FY2023 $132.1M$134.8M−$2.7M$175.0M 990 PDF
FY2022 $135.6M$110.6M$25.0M$177.9M 990 PDF
FY2021 $112.3M$97.4M$14.9M$158.5M 990 PDF
FY2020 $100.5M$89.3M$11.2M$143.6M 990 PDF

More to add? Claim this org

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 FY2025 990 (6 parts)
Part I · Summary $168,762,594 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $151,942,962$163,171,168
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $4,212,324$4,678,647
I-11 Other revenuePrior year $701,227$912,779
I-12 Total revenuePrior year $156,856,513$168,762,594
I-13 Grants and similar amounts paidPrior year $9,982$12,974
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $100,008,267$107,089,547
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $48,083,165$54,881,156
I-18 Total expensesPrior year $148,101,414$161,983,677
I-19 Revenue less expensesPrior year $8,755,099$6,778,917
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $168,762,594 across 8 lines filed
VIII-1d Related organizations$2,925,613
VIII-1e Government grants$130,233,037
VIII-1f All other contributions, gifts and grants$30,012,518
VIII-1h Total contributions, gifts and grants$163,171,168
VIII-3 Investment incomeExcluded from tax $4,610,514$4,610,514
VIII-7 Net gain or loss on sales of assetsExcluded from tax $68,133$68,133
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $686,333 · Excluded from tax $226,446$912,779
VIII-12 Total revenueRelated to mission $686,333 · Unrelated business $0 · Excluded from tax $4,905,093$168,762,594
Part IX · Statement of functional expenses $161,983,677 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $12,974$12,974
IX-5 Pay of current officers, directors and key staffPrograms $1,406,832 · Management $251,636$1,658,468
IX-7 Other salaries and wagesPrograms $65,323,351 · Management $17,688,822 · Fundraising $853,109$83,865,282
IX-8 Pension plan contributionsPrograms $2,308,999 · Management $1,052,727$3,361,726
IX-9 Other employee benefitsPrograms $7,896,589 · Management $3,779,931$11,676,520
IX-10 Payroll taxesPrograms $6,315,037 · Management $212,514$6,527,551
IX-11a Management feesPrograms $1,172,689$1,172,689
IX-11b Legal feesManagement $1,600,792$1,600,792
IX-11c Accounting feesPrograms $127,880 · Management $151,223$279,103
IX-11g Other fees for servicesPrograms $6,065,539 · Management $5,561,906 · Fundraising $264,796$11,892,241
IX-12 Advertising and promotionPrograms $788,977 · Management $777,878 · Fundraising $10,027$1,576,882
IX-13 Office expensesPrograms $1,806,998 · Management $219,521$2,026,519
IX-14 Information technologyPrograms $2,827,018 · Management $504,897 · Fundraising $39,096$3,371,011
IX-16 OccupancyPrograms $15,281,458 · Management $744,151$16,025,609
IX-17 TravelPrograms $615,831 · Management $211,852$827,683
IX-19 Conferences, conventions and meetingsPrograms $810,026 · Management $338,420 · Fundraising $3,476$1,151,922
IX-20 InterestPrograms $59,435$59,435
IX-22 Depreciation, depletion and amortizationPrograms $1,964,271 · Management $19,280$1,983,551
IX-23 InsurancePrograms $854,560 · Management $17,598$872,158
IX-24 Other expenses (24a–d)Programs $9,258,961 · Management $2,132,532 · Fundraising $326,271$11,717,764
IX-24e All other expensesPrograms $100,017 · Management $191,649 · Fundraising $32,131$323,797
IX-25 Total functional expensesPrograms $124,997,442 · Management $35,457,329 · Fundraising $1,528,906$161,983,677
Part X · Balance sheet $311,367,168 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year −$639,945$4,757,710
X-2 Savings and temporary cash investmentsStart of year $53,270,973$48,732,964
X-3 Pledges and grants receivableStart of year $7,931,854$13,526,022
X-4 Accounts receivableStart of year $52,810,066$60,703,525
X-9 Prepaid expenses and deferred chargesStart of year $1,984,243$2,884,173
X-10c Land, buildings and equipment, netStart of year $20,331,416$21,502,851
X-11 Publicly traded securitiesStart of year $72,160,746$66,715,713
X-15 Other assetsStart of year $96,934,921$92,544,210
X-16 Total assetsStart of year $304,784,274$311,367,168
X-17 Accounts payable and accrued expensesStart of year $11,957,409$14,036,582
X-19 Deferred revenueStart of year $5,164,226$3,565,805
X-24 Unsecured notes and loans payableStart of year $3,234,288$3,091,730
X-25 Other liabilitiesStart of year $97,905,307$94,866,756
X-26 Total liabilitiesStart of year $118,261,230$115,560,873
X-27 Net assets without donor restrictionsStart of year $171,899,473$175,822,593
X-28 Net assets with donor restrictionsStart of year $14,623,571$19,983,702
X-32 Total net assets or fund balancesStart of year $186,523,044$195,806,295
X-33 Total liabilities and net assetsStart of year $304,784,274$311,367,168
Part XI · Reconciliation of net assets $195,806,295 net assets at year end
XI-1 Total revenue$168,762,594
XI-2 Total expenses$161,983,677
XI-3 Revenue less expenses$6,778,917
XI-4 Net assets at start of year$186,523,044
XI-5 Net unrealized gains (losses) on investments$2,504,334
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$195,806,295

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.