2023-04-12T19:23:50-05:00 2022-06-30 FORVIS LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2021-07-01 800037534 KIPP COLORADO SCHOOLS % ERIK JOHNSON KIPP 3039343245 1390 LAWRENCE STREET Suite 200 DENVER CO 80204 ERIK JOHNSON CFO 7203753237 2023-04-11 true ERIK JOHNSON 999009999 Adam R Smith CPA P00958966 7194714290 2023-04-11 2 2021 2023-04-26 12:10:37Z TOMI AMOS 1390 LAWRENCE STE 200 DENVER CO 80204 38186082 false X WWWW.KIPPCOLORADO.ORG X 2002 CO THE MISSION OF KIPP (KNOWLEDGE IS POWER PROGRAM) IS TO HELP STUDENTS DEVELOP THE KNOWLEDGE, SKILLS, AND CHARACTER TRAITS NEEDED TO SUCCEED IN COLLEGE AND CAREERS 10 10 456 22 0 0 10776806 7075603 28392023 31093287 1375 -88292 -23708 -53729 39146496 38026869 72974 48557 0 0 23381887 26015494 0 0 213084 9929840 14085453 33384701 40149504 5761795 -2122635 16127246 14636055 11592854 2729723 4534392 11906332 KIPP COLORADO'S MISSION IS TO EQUIP OUR STUDENTS WITH THE ACADEMIC SKILLS AND CHARACTER STRENGTHS NECESSARY TO SUCCEED IN COLLEGE AND CAREERS false false 32920197 48557 31093287 TWO TRADITIONAL HIGH SCHOOLS (KIPP DENVER COLLEGIATE - BENEFITING APPROXIMATELY 484 STUDENTS AND KIPP NORTHEAST DENVER LEADERSHIP ACADEMY BENEFITING APPROXIMATELY 555 STUDENTS), TWO TRADITIONAL MIDDLE SCHOOLS (KIPP SUNSHINE PEAK ACADEMY - BENEFITING APPROXIMATELY 379 STUDENTS, AND KIPP NORTHEAST DENVER MIDDLE SCHOOL - BENEFITING APPROXIMATELY 455 STUDENTS), AND TWO TRADITIONAL ELEMENTARY SCHOOLS (KIPP NORTHEAST ELEMENTARY - BENEFITING APPROXIMATELY 496 STUDENTS AND KIPP SUNSHINE PEAK ELEMENTARY BENEFITING APPROXIMATELY 154 STUDENTS) OFFERING SCHOOL SUBJECTS IN ENGLISH, MATH, SCIENCE, AND HISTORY. 32920197 true true false false false false false false false false true false false false true false true true true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 55 0 456 true false false false false false true true false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false X X ERIK JOHNSON 7202123215 1390 LAWRENCE ST STE 200 DENVER CO 80204 X TOMI AMOS CHIEF EXECUTIVE OFFICER 50.0 0.0 X 196141 0 23254 STEPHANI OLSON PRINCIPAL 50.0 0.0 X 149755 0 30900 EMILY YATES DIRECTOR OF LEADERSHIP DEV. 50.0 0.0 X 142708 0 29609 ALICE SHEEHAN CHIEF OPERATING OFFICER 50.0 0.0 X 126535 0 20932 DAVE VAALE DIRECTOR OF CULTURE 50.0 0.0 X 120005 0 26102 JESSICA CLEVELAND PRINCIPAL 50.0 0.0 X 111919 0 24363 ELIZABETH DILLON PRINCIPAL 50.0 0.0 X 110404 0 23770 JACKIE HAWKEY BOARD CHAIR 2.0 0.0 X X 0 0 0 STEVE TALLEY TREASURER 2.0 0.0 X X 0 0 0 DREW TYRIE DIRECTOR 2.0 0.0 X 0 0 0 MELISSA BROWNE VICE CHAIR 2.0 0.0 X X 0 0 0 PAT DONOVAN SECRETARY 2.0 0.0 X X 0 0 0 KHADIJA HAYNES DIRECTOR 2.0 0.0 X 0 0 0 BETH TOTH DIRECTOR 2.0 0.0 X 0 0 0 ELENA MENDOZA DIRECTOR 2.0 0.0 X 0 0 0 TODD EZRINE DIRECTOR 2.0 0.0 X 0 0 0 JOANNA HOOTNICK DIRECTOR 2.0 0.0 X 0 0 0 957467 0 178930 13 false true false ATTUNED EDUCATION PARTNERS 716 VALLEY ROAD MONTCLAIR NJ 07043 CONSULTING 229856 BACKYARD SCHOOLS LLC 2116 NORTH SAWYER AVENUE CHICAGO IL 60647 CONSULTING 209939 DENVER PUBLIC SCHOOLS 1860 LINCOLN STREET DENVER CO 80203 SCHOOL SUPPORT 4398981 3 113135 6266316 696152 7075603 PER PUPIL REVENUE 611710 23536263 23536263 DISTRICT MILL LEVY 611710 7251696 7251696 STUDENT FEES 611710 82712 82712 FOOD SERVICE 611710 174231 174231 SPECIAL EDUCATION 611710 48385 48385 31093287 15902 15902 0 0 0 0 0 104194 -104194 -104194 -104194 1290 113135 55019 -53729 -53729 0 0 0 0 0 0 0 38026869 31093287 -142021 0 48557 48557 0 0 245421 245421 0 20063856 17281549 2697566 84741 3738092 3145345 578430 14317 1677922 1474456 203466 290203 244398 44576 1229 0 52943 52943 40309 40309 0 0 0 1861994 1220886 641108 65372 22323 38782 4267 977096 900049 76247 800 336186 229320 93372 13494 0 2115940 2047514 68426 232290 171543 60747 0 0 0 0 152353 33339 119014 259169 37545 221624 DISTRICT SERVICES 2906931 2894147 12784 BOOKS AND SUPPLIES 1302684 1287634 15050 FIELD TRIPS & TRANSPORTATION 205316 204866 450 STUDENT FOOD SERVICES 241197 209273 31924 3335673 1467453 1773984 94236 40149504 32920197 7016223 213084 X 4493307 5090998 10096962 9121661 1198370 59411 0 6500 0 0 0 0 0 0 0 0 195285 184641 1089075 1058488 143322 30587 0 0 0 0 0 0 0 0 0 142257 16127246 14636055 1759935 2241110 0 0 10000 10000 0 0 0 0 0 0 0 0 0 0 9822919 478613 11592854 2729723 X 4391070 11875745 143322 30587 0 0 4534392 11906332 16127246 14636055 X -2122635 9494575 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 884518 853931 30587 204557 204557 30587 0 NET PENSION LIABILITY 100748 NET OPEB LIABILITY 227596 LEASE LIABILITY 150269 478613 38186082 159213 159213 38026869 38026869 40187970 55019 55019 40132951 16553 16553 40149504 SCHEDULE D, PART XI, LINE 2D INCOME ON BOOKS, NOT ON RETURN: 104,194 LOSS ON DISPOSAL OF ASSET 55,019 DIRECT FUNDRAISING EXPENSES 159,213 TOTAL SCHEDULE D, PART XII, LINE 2D EXPENSE ON BOOKS, NOT ON RETURN: 55,019 DIRECT FUNDRAISING EXPENSES SCHEDULE D, PART XII, LINE 4B EXPENSE ON RETURN, NOT ON BOOKS: 8,541 DEPRECIATION EXPENSE TREATED AS CAPITAL OUTLAY ON GOVERNMENTAL FUNDS REPORT 143,812 AMORTIZATION EXPENSE TREATED AS CAPITAL OUTLAY ON GOVERNMENTAL FUNDS REPORT (135,800) LEASE LIABILITY EXPENSE NOT REPORTED AS EXPENDITURE ON THE GOVERNMENTAL FUND REPORT 16,553 TOTAL true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 KIPP COLORADO SCHOOLS OPERATES IN ACCORDANCE WITH THE NON-DISCRIMINATION POLICIES OF DENVER PUBLIC SCHOOLS. KIPP COLORADO SCHOOLS DOES NOT DISCRIMINATE IN STUDENT RECRUITMENT OR SELECTION BASED ON RACE OR ANY OTHER FACTOR. ALL KIPP COLORADO SCHOOLS PARTICIPATE IN THE DENVER PUBLIC SCHOOLS CHOICE ENROLLMENT PROCESS. KIPP COLORADO SCHOOLS CANNOT SELECT ITS STUDENTS, CANNOT REQUIRE ADMISSIONS EXAMS, AND CANNOT DISCRIMINATE AGAINST STUDENTS IN ANY WAY, INCLUDING AGAINST STUDENTS WHO RECEIVE SPECIAL EDUCATION OR BILINGUAL SERVICES, NOR WOULD WE WISH TO. IN ADDITION TO ALL NON-DISCRIMINATION DISCLOSURES MADE IN THE CHOICE ENROLLMENT PROCESS BY DENVER PUBLIC SCHOOLS, KIPP'S POLICIES REGARDING NONDISCRIMINATION ARE DISCLOSED IN THE SCHOOL PARENT HANDBOOKS AND IN THE EMPLOYEE HANDBOOK. IN ADDITION TO PROMINENT PLACING ON OUR WEBSITE AND IN PROMOTIONAL MATERIALS, KIPP COLORADO CONSISTENTLY ADHERES TO A LANGUAGE EQUITY POLICY WHICH ENSURES ALL MEMBERS OF THE COMMUNITY CAN INTERACT WITH THE SCHOOL REGARDLESS OF NATIVE LANGUAGE. POLICY DOCUMENTED IN LOCAL PUBLICATIONS AND IS LOCATED ON THE FAMILY RESOURCE PAGE OF EVERY SCHOOL WEBSITE AND PROVIDED TO STUDENTS DURING ENROLLMENT AND THE START OF THE YEAR. SCHEDULE E, PART I, LINE 6A KIPP COLORADO SCHOOLS ARE PUBLICLY FUNDED UNDER DENVER PUBLIC SCHOOLS GROWING MINDS 114425 113135 1290 3600 31924 19495 0 114425 113135 1290 3600 31924 19495 55019 -53729 true TUITION AND ENROLLMENT SUPPORT 46 2591 38009 FMV TUITION EMERGENCY FUNDS 8 6450 1507 fmv HOUSING/IMMIGRATION SCHEDULE I, PART I, LINE 2 GRANT MONITORING PROCESS: SCHOLARS MAY APPLY FOR FINANCIAL ASSISTANCE THROUGH AN ONLINE APPLICATION PROCESS. THE APPLICATION REQUIRES STUDENTS TO EXPLAIN HOW THE FUNDS WILL BE USED, SPECIFIC DETAILS ON WHY THEY NEED FINANCIAL SUPPORT, AND PROVIDE SUPPORTING DOCUMENTATION SUCH AS RECEIPTS, BILLS AND LEGAL AID QUOTES. THE REVIEW OF THESE REQUESTS IS DONE BY THE ALUMNI SUCCESS ADVISOR AND THE FINAL APPROVAL IS GIVEN BY THE DIRECTOR OF KIPP FORWARD. TUITION ASSISTANCE FOR STUDENTS IS PROVIDED DIRECTLY TO THE COLLEGE THE STUDENT WILL BE OR IS ATTENDING. THE ORGANIZATION TRACKS THE PROGRESS OF STUDENTS BENEFITING FROM THE SCHOLARSHIPS, INCLUDING INFORMATION REGARDING COLLEGE PERSISTENCE AND GRADUATION. X X X X false false false false false false false false TOMI AMOS CHIEF EXECUTIVE OFFICER 188878 0 6800 0 463 0 16698 0 6556 0 219395 0 STEPHANI OLSON PRINCIPAL 122443 0 6500 0 20812 0 24868 0 6032 0 180655 0 EMILY YATES DIRECTOR OF LEADERSHIP DEV. 107062 0 5250 0 30396 0 23887 0 5722 0 172317 0 FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE CFO PROVIDES THE CEO WITH A COMPLETED 990 DRAFT FOR REVIEW. ONCE REVIEWED AND APPROVED BY THE CEO, THE 990 DRAFT IS EMAILED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. THE BOARD OF DIRECTORS PROVIDE QUESTIONS AND/OR FEEDBACK TO THE CFO. UPON APPROVAL BY THE BOARD TREASURER, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE CONFLICT OF INTEREST POLICY IS DISCLOSED AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND OFFICERS OF THE ORGANIZATION. EACH BOARD MEMBER AND OFFICER SIGNS AN ACKNOWLEDGEMENT FORM WITH A SECTION TO DISCLOSE ANY CONFLICTS. IN THE EVENT OF A CONFLICT OF INTEREST, THE INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD OF DIRECTORS, BUT AFTER SUCH PRESENTATION, HE/SHE WILL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION THAT RESULTED IN THE CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE CORPORATION'S BEST INTEREST. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: THE CEO COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE BOARD OF DIRECTORS ANNUALLY. AN INFORMAL SURVEY OF THE EXECUTIVE DIRECTOR/CEO COMPENSATION AT SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS BY THE BOARD OF DIRECTORS WAS USED FOR COMPARABILITY PURPOSES, AND ANNUALLY THE BOARD REVIEWS THESE TYPES OF SURVEYS AND OTHER LOCAL AND REGIONAL MARKET METRICS FOR COMPARABLE PUBLIC AND CHARTER SCHOOL NETWORKS TO ALIGN COMPENSATION WITH THE MARKET. FORM 990, PART VI, SECTION B, LINE 15B REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION: OTHER OFFICER'S COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE CEO. AN INFORMAL SURVEY OF COMPENSATION AT SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS WAS USED BY THE CEO FOR COMPARABILITY PURPOSES. THE COMPENSATION DECISIONS REACHED ARE DOCUMENTED IN THE ORGANIZATION'S HUMAN RESOURCES FILES. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: THE ORGANIZATION'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE WEBSITE. Form 990, Part X, Line 33 RECONCILIATION TO GOVERNMENTAL FUND BALANCE: NET ASSETS REPORTED FOR FORM 990 PURPOSES DIFFER FROM GOVERNMENTAL REPORTING REQUIREMENTS UNDER GASB 68. A RECONCILIATION TO THE GOVERNMENT FUND IS OUTLINED BELOW: GOVERNMENTAL FUND BALANCE PER AUDITED FINANCIAL STATEMENTS 12,212,101 CAPITAL ASSETS USED IN GOVERNMENTAL ACTIVITIES ARE NOT 30,587 FINANCIAL RESOURCES AND THEREFORE ARE NOT REPORTED IN THE GOVERNMENTAL FUND. Lease assets used in governmental activities are not financial resources and, therefore, are not 142,257 reported in the fund THE NET PENSION LIABILITY IS NOT DUE AND PAYABLE IN THE (100,748) CURRENT PERIOD AND, THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND THE NET OPEB LIABILITY IS NOT DUE AND PAYABLE IN THE CURRENT (227,596) PERIOD AND THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND Long-term lease liabilities are not due and payable in (150,269) the current period and, therefore, is not reported in the governmental fund TOTAL NET ASSETS REPORTED ON FORM 990 11,906,332 Form 990, Part XI, Line 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN PENSION LIABILITY DUE TO PROPORTIONATE SHARE OF NET PENSION LIABILITY 9,494,575