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.