KBARE

Address
1404 FRANKLIN STREET 500
OAKLAND, CA 94612
Contact
Phone: +1 (510) 465-5477
Nonprofit
EIN: 32-0495553
Year formed: 2016

Mission

KBARE IS A NON-PROFIT CORPORATION WHICH WAS FORMED TO FINANCE, DEVELOP, LEASE, AND MAINTAIN CERTAIN SCHOOL FACILITIES FOR THE EXCLUSIVE SUPPORT OF KIPP BAY AREA SCHOOLS.
 20172016
Basic features of the organization
Year of formation2016
Subsection code03
PF filing required0 
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00 
Number of employees0 
Number of people compensated >$100k0 
Number of volunteers0 
Number of highly compensated contractors0 
Personnel
Gibbs, Gary
TitlePRESIDENTCEO
Name of key/compensated personGARY GIBBSGARY GIBBS
Position of compensated person
Current individual trustee or directorTrue 
Current officerTrue 
Officer, director, trustee, or key employee True
Average hours per week working for org2.00 
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Highbaugh, Nolan
TitleCFOCFO
Name of key/compensated personNOLAN HIGHBAUGHNOLAN HIGHBAUGH
Position of compensated person
Current individual trustee or directorTrue 
Current officerTrue 
Officer, director, trustee, or key employee True
Average hours per week working for org2.00 
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Intrater, Rick
TitleSECRETARYSECRETARY
Name of key/compensated personRICK INTRATERRICK INTRATER
Position of compensated person
Current individual trustee or directorTrue 
Current officerTrue 
Officer, director, trustee, or key employee True
Average hours per week working for org2.00 
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Paulson, David
TitleDIRECTOR 
Name of key/compensated personDAVID PAULSON 
Position of compensated person
Current individual trustee or directorTrue 
Average hours per week working for org2.00 
Reportable compensation from org$0.00 
Other comp, non-reportable, from org and related orgs$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 
Reddy, Prabhu
Title MANAGING DIR
Name of key/compensated person PRABHU REDDY
Officer, director, trustee, or key employee True
Reportable compensation from org $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesKBARE IS A NON-PROFIT CORPORATION FORMED TO FINANCE, DEVELOP, LEASE, AND MAINTAIN CERTAIN SCHOOL FACILITIES FOR THE EXCLUSIVE SUPPORT OF KIPP BAY AREA SCHOOLS. 
Primary exempt purpose KBARE IS A NON-PROFIT CORPORATION WHICH WAS FORMED TO FINANCE, DEVELOP, LEASE, AND MAINTAIN CERTAIN SCHOOL FACILITIES FOR THE EXCLUSIVE SUPPORT OF KIPP BAY AREA SCHOOLS.
Program service expenses, total$5,543.00 
Programs, including revenue & expenses
TO FINANCE, DEVELOP, LEASE, AND MAINTAIN CERTAIN SCHOOL FACILITIES FOR THE EXCLUSIVE SUPPORT OF KIPP BAY AREA SCHOOLS.
Program expenses$5,543.00 
Program descriptionTO FINANCE, DEVELOP, LEASE, AND MAINTAIN CERTAIN SCHOOL FACILITIES FOR THE EXCLUSIVE SUPPORT OF KIPP BAY AREA SCHOOLS. 
Financial data
Revenue
Total revenue$0.00 
Investment income, current yr$0.00 
Total revenue from grants, etc., current yr$0.00 
Total unrelated business revenue$0.00 
Other revenue, current yr$0.00 
Net unrelated business taxable revenue$0.00 
Gross receipts$0.00 
Expense categories (totals)
Total functional expenses: sum of all$5,543.00 
Total functional expenses: program service $5,543.00 
Total functional expenses: management and general$0.00 
Total functional expenses: fundraising$0.00 
Fees for services
Fundraising service fees (total)$0.00 
Assets and liabilities
Total assets$8,076,904.00$370,866.00
Total assets, beginning of year$370,866.00$0.00
Total liabilities$8,082,447.00$370,866.00
Total liabilities, beginning of year$370,866.00 
Unrestricted net assets, end of yr-$5,543.00 
Temporarily restricted net assets$0.00 
Net assets-$5,543.00 
Net assets, beginning of year$0.00 
Other liabilities$6,008,480.00 
Other assets$0.00 
Cash: non-interest bearing$414,342.00 
Cash: non-interest bearing, beginning of year$0.00 
Other financial variables
Revenue less expenses-$5,543.00 
Prepaid expenses & deferred charges$29,290.00 
Accounts payable & accrued expenses$2,073,967.00 
Total net assets or fund balances-$5,543.00 
Governance and accountability
Number of voting members4 
Number of independent voting members4 
Financial sheets auditedTrue 
Audit on consolidated basisTrue 
Accrual accountingTrueTrue
Tax year start date2016-07-012015-07-01
Tax year end date2017-06-012016-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990EZ
Date e-filing submitted2018-04-202017-09-15
IRS schema version2016v3.02015v3.0
Filing identifier201800939349300800201741329349204159
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