IPS Enterprises provides grades Pre-K through 12 public charter school management services to IDEA managed organizations. IPS supports these organizations by providing expertise and personnel and by owning and leasing school buildings and equipment.
Key facts about IPS Enterprises Inc
- EIN
- 84-4633153
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $31,174,938
- Grants made (2024)
- 2
- Average grant
- $15,587,469
- Median grant
- $15,587,469
- Total assets
- $318,579,025
- Primary geography
- Florida (99% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$318.6M
+11.0% YoY
Annual Giving
$31.2M
+4.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$15.6M
+4.0% YoY
About IPS Enterprises Inc
Based on IRS filings
IPS Enterprises Inc is a nonprofit organization focused on Education, based in Weslaco, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $318.6M in total assets. In 2024, it awarded 2 grants totaling $31.2M. Net investment income was $2.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $318,579,025 | $286,946,593 | $202,811,414 |
| Revenue | $119,741,440 | $107,105,387 | $79,131,900 |
| Expenses | $113,695,321 | $105,570,702 | $74,266,439 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,991,571 | $694,579 | $85 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include IDEA Florida Inc ($30,888,386), IDEA Greater Cincinnati Inc ($286,552).
| Recipient | Purpose | Amount |
|---|---|---|
| IDEA Florida Inc Tampa, FL | Expansion, student recruitment, and general support | $30,888,386 |
| IDEA Greater Cincinnati Inc Cincinnati, OH | Expansion, student recruitment, and general support | $286,552 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Collin Sewell | Chair | 2.5 | — |
| Ed Rivera | Vice-Chair | 2.5 | — |
| Erich Holmsten | Treasurer | 2.5 | — |
| Anthony Ryan Vaughan | Secretary | 1 | — |
| Michael Adams | Member | 1 | — |
| Theresa Barrera-Shaw | Member | 1 | — |
| Dr Nanette Cocero | Member | 1 | — |
| Gary Lindgren | Member | 1 | — |
| Reba Cardenas McNair | Member | 1 | — |
| Kathleen Zimmermann | Chief Financial Officer (from 3/24) | 5 | — |
| Leanne Hernandez | Chief Financial Officer (to 11/23) | 5 | — |
| Layne Fisher | Chief Operating Officer | 5 | — |
| Jeffrey Cottrill | Superintendent & CEO | 5 | — |
| James Hartman | Executive Dir. - Tampa Bay, FL | — | $175,516 |
| Simaran Bakshi | Executive Dir. - Jacksonville, FL | — | $174,101 |
| Clifford Wallace | Executive Dir. - Louisiana | — | $152,613 |
| Matthew Robinson | Executive Dir. - Greater Cincinnati | — | $119,886 |
| Jamelle Goodwin | Regional VP of Schools - Florida | — | $114,532 |
| Janine Valentin | Managing Director of Ops - Florida | — | $126,273 |
| Dhiyaa-ud-deen Abdullah | Principal - Louisiana | — | $121,127 |
| Katrice Terrance | Regional Director of Ops - Louisiana | — | $118,157 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is IPS Enterprises Inc?
IPS Enterprises Inc is a nonprofit organization focused on Education, based in Weslaco, TX. It holds $318.6M in total assets as of 2024.
How large is IPS Enterprises Inc?
As of 2024, IPS Enterprises Inc holds $318.6M in total assets with $119.7M in annual revenue. It awarded 2 grants totaling $31.2M in 2024.
Where does IPS Enterprises Inc operate?
IPS Enterprises Inc has awarded grants in Arkansas, Florida, Ohio.
What size grants does IPS Enterprises Inc award?
In 2024, IPS Enterprises Inc awarded 2 grants totaling $31.2M — an average of about $15.6M per grant, based on its IRS Form 990 filings.
What is IPS Enterprises Inc's EIN?
IPS Enterprises Inc's EIN (Employer Identification Number) is 84-4633153. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.