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Klare Holdings

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263878865 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Klare Holdings?

Klare Holdings is a nonprofit organization situated in Los Angeles, California, specifically at 1933 S Broadway St 1144, with a mission to support KIPP SoCal Public Schools. By financing, developing, leasing, and maintaining certain school facilities, Klare Holdings aims to enhance KIPP SoCal's ability to deliver joyful, academically excellent education. This partnership empowers students with the skills and confidence to pursue their desired paths in college, career, and beyond, ultimately contributing to more fulfilling lives and a more just world.


Is Klare Holdings legitimate?

Klare Holdings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Klare Holdings submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Klare Holdings?
Who is the CEO of Klare Holdings?
What is the revenue of Klare Holdings?
Who are the executives of Klare Holdings and what are their salaries?
Where can I find the form 990 for Klare Holdings?

Mission Statement of Klare Holdings

Klare Holdings, a dedicated organization, plays a crucial role in supporting KIPP Socal Public Schools by financing, developing, leasing, and maintaining certain school facilities. This commitment enables KIPP Socal Public Schools to more effectively carry out its mission of creating joyful, academically excellent schools that equip students with the necessary skills and confidence to pursue their chosen paths to college, careers, and beyond.

Through its facilities development efforts, Klare Holdings is instrumental in providing the infrastructure needed for KIPP Socal Public Schools to deliver on its promise to families and communities. In doing so, the organization ensures that the schools have the necessary resources to provide a high-quality education and create an environment conducive to learning and growth.

Moreover, Klare Holdings' mission is deeply intertwined with that of KIPP Socal Public Schools. By focusing on the development and maintenance of facilities, Klare Holdings enables KIPP Socal Public Schools to continue its vital work in creating a more just world. With each new project, Klare Holdings helps bring to life the vision of a future where students, regardless of their backgrounds, have the opportunity to reach their full potential and contribute to their communities.

Impact

This information is meant to be a general summary of Klare Holdings. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Klare Holdings has a significant impact on the education sector, particularly in the Los Angeles area. By financing, developing, leasing, and maintaining school facilities for KIPP SoCal Public Schools, Klare Holdings directly contributes to the organization's mission of creating joyful, academically excellent schools. Through its support, Klare Holdings helps KIPP SoCal prepare students with the skills and confidence to pursue their chosen paths in college, career, and beyond, ultimately working towards a more just world. This impact underscores the crucial role that Klare Holdings plays in supporting educational opportunities for students and fostering community development.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,637
  • Program Service Revenue: $14,830,211
  • Gross Receipts: $20,876,670

    • Assets and Liabilities:
  • Total Assets: $277,764,082
  • Total Liabilities: $262,759,780
  • Net Assets: $15,004,302
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $14,830,211

    Organization Details

    Founding Year

    2008

    Principal Officer

    Nolan Highbaugh

    Main Address

    1933 S BROADWAY ST 1144, LOS ANGELES, CA, 90007

    NTEE Category

    Code: B112 - Education

    If you are a representative of Klare Holdings and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.