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KIPP Texas projects $44M EBITDA for FY26, proposes $4M bonus pool; board told margins remain tight
Summary
Finance presenters told the board KIPP Texas expects $44 million EBITDA for FY26 (including a proposed $4 million bonus pool) and said the organization will reduce reliance on $18 million of KTFF support; S&P was reported to have reaffirmed a BBB+ rating with a stable outlook.
A finance presenter told the KIPP Texas Board on April 23 that fiscal‑year 2026 performance is “strong and stable,” with projected EBITDA of $44,000,000 that incorporates a proposed $4,000,000 bonus pool. The presenter said the board will be asked to approve the bonus pool at the June 2 board meeting if financial trends hold.
The presenter said the organization now expects to remove $18,000,000 of KTFF support from recurring assumptions, which…
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