KIPP has three count them three charities that take care of it with combined assets as of 2017 the most recent tax returns available on Guidestar of 58 million dollars.
https://www.guidestar.org/search
Now that's not all cash, most of it is land and buildings, but I did find this interesting bit.

It says Due right, which means owed, I mean I think that is what it means unless the city attorney changed the meaning of that word too.
So what does all this mean? Heck if i know. I have degrees in poli sci and psychology because I wanted to take as little math as possible and all I know about tax returns is the only good thing about just paying interests on your student loans is that helps with them.
I do know however that having three charities seems hinky and KIPP plays every loophole available and I would imagine the people doing their taxes do as well.
To look at the KIPP's school three charities 2017 tax returns, click the links.
https://pdf.guidestar.org/PDF_Images/2017/264/046/2017-264046824-0ee20e3d-9.pdf
https://pdf.guidestar.org/PDF_Images/2017/474/726/2017-474726810-0ee6b79a-9.pdf
https://pdf.guidestar.org/PDF_Images/2017/273/004/2017-273004832-0ee81f2e-9.pdf
https://www.guidestar.org/search
Now that's not all cash, most of it is land and buildings, but I did find this interesting bit.
It says Due right, which means owed, I mean I think that is what it means unless the city attorney changed the meaning of that word too.
So what does all this mean? Heck if i know. I have degrees in poli sci and psychology because I wanted to take as little math as possible and all I know about tax returns is the only good thing about just paying interests on your student loans is that helps with them.
I do know however that having three charities seems hinky and KIPP plays every loophole available and I would imagine the people doing their taxes do as well.
To look at the KIPP's school three charities 2017 tax returns, click the links.
https://pdf.guidestar.org/PDF_Images/2017/264/046/2017-264046824-0ee20e3d-9.pdf
https://pdf.guidestar.org/PDF_Images/2017/474/726/2017-474726810-0ee6b79a-9.pdf
https://pdf.guidestar.org/PDF_Images/2017/273/004/2017-273004832-0ee81f2e-9.pdf