2023-05-12T15:45:30-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2021-07-01 452384209 KIPP ADMINISTRATIVE SERVICES CORPORATION KIPP 2152948596 5070 PARKSIDE AVENUE 3500D PHILADELPHIA PA 19131 JESSICA AKOTO CEO 2152948596 2023-05-10 1 JESSICA AKOTO 999009999 DAVID M SEKERAK P01395497 2156433900 2023-05-05 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JESSICA AKOTO 5070 PARKSIDE AVENUE 3500D PHILADELPHIA PA 19131 9683835 0 X WWW.KIPPPHILADELPHIA.ORG X 2011 PA BUSINESS ADMIN. AND DEVELOPMENT SUPPORT TO KIPP PHILA. SCHOOLS AND AWARDING OF SCHOLARSHIP GRANTS. 3 3 131 3 0 0 2357633 4153678 5343017 5513681 1011 56 3233 16420 7704894 9683835 692293 3099364 0 0 4448203 4877937 0 0 386323 2307347 2231434 7447843 10208735 257051 -524900 8318184 7884445 1408718 1499879 6909466 6384566 PROVIDING BUSINESS, FACILITY, ADMINISTRATIVE & DEVELOPMENT SUPPORT TO KIPP SCHOOLS IN THE PHILADELPHIA AREA & THE AWARDING OF SCHOLARSHIPS & GRANTS, INCLUDING EDUCATIONAL IMPROVEMENT GRANTS AS DEFINED UNDER PENNSYLVANIA LAW TO PUBLIC ELEMENTARY & SECONDARY SCHOOLS IN PA. 0 0 7147890 3099364 5513681 PROVIDING BUSINESS, FACILITY, ADMINISTRATIVE AND DEVELOPMENT SUPPORT TO THE KIPP SCHOOLS IN THE PHILADELPHIA AREA AND THE AWARDING OF SCHOLARSHIPS AND GRANTS, INCLUDING EDUCATIONAL IMPROVEMENT GRANTS AS DEFINED UNDER PENNSYLVANIA LAW TO PUBLIC ELEMENTARY AND SECONDARY SCHOOLS IN PENNSYLVANIA. WE SERVE PHILADELPHIA'S MOST EDUCATIONALLY UNDERSERVED COMMUNITIES AND PROVIDED THE CRITICAL RESOURCES NEEDED TO SUPPORT THE SOCIAL-EMOTIONAL HEALTH OF OUR STUDENTS, FAMILIES, ALUMNI, AND STAFF. 7147890 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 131 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X THE ORGANIZATION 2152948596 5070 PARKSIDE AVENUE 3500D PHILADELPHIA PA 19131 JESSICA AKOTO CEO 50.00 X 253750 0 30294 NATALIE WILTSHIRE COO 50.00 X 190289 0 33890 MOLLY EIGEN CAO 50.00 X 189662 0 31914 JILLIAN FARRARA MANAGING DIRECTOR OF TALEN 50.00 X 140272 0 28053 WHITNEY JONES MANAGING DIRECTOR OF FINAN 50.00 X 141570 0 15204 VANEEDA DAYS MANAGING DIRECTOR KIPP THRU COLLEGE 50.00 X 127198 0 15583 AMANDA NEIL MANAGING DIRECTOR STUDENT SUPPORT 50.00 X 128375 0 8631 LEIGH WHITAKER CHAIR/SECRETARY 1.00 X X 0 0 0 MELANIE CARTER MEMBER 1.00 X 0 0 0 JERRY DAVIDSE MEMBER 1.00 X 0 0 0 1171116 0 163569 13 0 1 0 LAURA FREDRICKS 130 BARROW STREET APT 215 NEW YORK NY 10014 CONSULTING SERVICES 286000 ACS INTERNATIONAL RESOURCES INC PO BOX 579 CHADDS FORD PA 19317 OUTSOURCED IT SUPPORT 144980 EDOPS 1611 CONNECTICUT AVE SUITE 200 WASHINGTON DC 20009 ACCOUNTING SERVICES 127121 3 4153678 4153678 ADMINISTRATIVE AND SHARED SERVICE 611430 4902714 4902714 BUILDING RENT 532000 610967 610967 5513681 56 56 MISCELLANEOUS 900099 16420 16420 16420 9683835 5513681 0 16476 2912141 2912141 187223 187223 526738 459192 52674 14872 3532873 2046876 1309126 176871 170656 99973 63316 7367 343623 199030 129470 15123 304047 188241 103197 12609 31635 14601 14601 2433 187376 86481 86481 14414 927448 438977 422349 66122 322335 164157 139881 18297 92278 42689 42528 7061 586859 271617 270207 45035 5140 526 4526 88 47540 21940 21940 3660 30823 14226 14226 2371 10208735 7147890 2674522 386323 851622 1421423 287681 287737 429383 2282035 78162 89545 761502 399284 120974 362218 6550362 3441487 8318184 7884445 367940 177233 301332 437925 428658 602853 592656 1408718 1499879 X 6584466 4132690 325000 2251876 6909466 6384566 8318184 7884445 -524900 0 X 0 1 X 1 0 X 7112881 2038946 2402031 2307633 4153678 18015169 7112881 2038946 2402031 2307633 4153678 18015169 6615795 11399374 1179 4225 501 1011 56 6972 23345 43867 67212 38693 3233 16420 58346 18147699 22599512 0.62810 0.63890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 38,693. 2020 AMOUNT: $ 3,233. 2021 AMOUNT: $ 16,420. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88019 61397 26622 626130 323681 302449 47353 14206 33147 362218 DUE FROM RELATED PARTIES 3441487 3441487 LEASE LIABILITY 35243 DUE TO RELATED PARTIES 550424 INTEREST PAYABLE 6989 592656 X 9683835 0 9683835 0 9683835 10208735 0 10208735 0 10208735 PART X, LINE 2: THE CORPORATION IS A NON-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. THE CORPORATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. 1 KIPP PHILADELPHIA CHARTER SCHOOL 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 050546103 501(C)(3) 2837141 0 OPERATING GRANTS KIPP WEST PHILADELPHIA CHARTER SCHOOL 5900 BALTIMORE AVENUE PHILADELPHIA PA 19143 475257423 501(C)(3) 75000 0 OPERATING GRANTS ASSISTANCE TO KIPP ALUMNI FOR HIGHER EDUCATION TUITION 413 187223 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS THAT INCLUDE THE RECIPIENT ORGANIZATION, AMOUNT, DATE OF CONTRIBUTION, DETAILS REGARDING THE PURPOSE OF THE GRANT AND REPORTS FROM GRANT RECIPIENTS REGARDING THE USE OF THE GRANTS, TO ENSURE THAT THE RECIPIENT'S USE OF GRANT FUNDS WAS IN FURTHERANCE OF THE ORGANIZATION'S CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. THE RECORDS WE MAINTAIN INCLUDE, BUT ARE NOT LIMITED TO THE BOARD APPROVALS OF GRANTS, THE GRANT AGREEMENTS, THE FINANCIAL BOOKS, THE FINAL GRANT REPORTS, AND OTHER RECORDS NECESSARY TO SATISFY ADEQUATE INTERNAL CONTROL AND COMPLIANCES. TUITION ASSISTANCE TO INDIVIDUALS IS PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION(S) WHERE THE RECIPIENT IS ENROLLED TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X X X 0 0 0 0 0 0 0 1 0 JESSICA AKOTO CEO 253750 0 0 0 0 0 12688 0 17606 0 284044 0 0 0 NATALIE WILTSHIRE COO 188289 0 2000 0 0 0 9514 0 24376 0 224179 0 0 0 MOLLY EIGEN CAO 187662 0 2000 0 0 0 9483 0 22431 0 221576 0 0 0 JILLIAN FARRARA MANAGING DIRECTOR OF TALEN 138272 0 2000 0 0 0 7014 0 21039 0 168325 0 0 0 WHITNEY JONES MANAGING DIRECTOR OF FINAN 140070 0 1500 0 0 0 7079 0 8125 0 156774 0 0 0 PART I, LINE 7 THE SCHOOL PROVIDED NON FIXED PAYMENTS IN THE FORM OF BONUSES THAT WERE BASED ON PERFORMANCE REVIEWS IN FY22. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES MAY DESIGNATE AN EXECUTIVE COMMITTEE, WHICH SHALL BE A COMMITTEE OF THE BOARD, AND SHALL CONSIST OF AT LEAST TWO TRUSTEES IN OFFICE. THE CHAIR SHALL ALSO SERVE AS A MEMBER AND CHAIR OF THE EXECUTIVE COMMITTEE. THE BOARD MAY DESIGNATE ONE OR MORE OF THE TRUSTEES AS ALTERNATE MEMBERS OF THE EXECUTIVE COMMITTEE, WHO MAY REPLACE ANY ABSENT OR DISQUALIFIED MEMBER AT ANY MEETING OF THE EXECUTIVE COMMITTEE. EXCEPT AS OTHERWISE REQUIRED BY LAW OR THESE BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE SUCH AUTHORITY AS THE BOARD SHALL GRANT IT FOR THE MANAGEMENT OF THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL KEEP REGULAR MINUTES OF ITS PROCEEDINGS AND SHALL REPORT THE SAME TO THE BOARD. VACANCIES IN THE EXECUTIVE COMMITTEE SHALL BE FILLED BY THE BOARD AT A REGULAR OR SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS SENT TO THE BOARD FOR APPROVAL BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO EVERY REPRESENTATIVE OF THE ORGANIZATION, INCLUDING, BUT NOT LIMITED TO, THE TRUSTEES AND OFFICERS. IN THE EVENT THAT A POTENTIAL CONFLICT OF INTEREST DOES ARISE INVOLVING AN OFFICER OR TRUSTEE, ITS NATURE AND EXTENT SHOULD BE FULLY DISCLOSED IMMEDIATELY TO THE BOARD CHAIR, WHO, AFTER MAKING A THOROUGH REVIEW OF THE CIRCUMSTANCES, WILL REPORT TO THE BOARD OF TRUSTEES, WHO WILL DETERMINE APPROPRIATE ACTION TO BE TAKEN. ALL BOARD MEMBERS ARE REQUIRED TO FILE AN ANNUAL STATEMENT OF FINANCIAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE CEO AND COO BASED ON EVALUATION OF GOALS AND OBJECTIVES. BASED ON SUCH EVALUATION, THE FINANCE COMMITTEE SUBMITS THE RECOMMENDED COMPENSATION TO THE EXECUTIVE COMMITTEE FOR REVIEW THEN TO THE BOARD FOR FINAL APPROVAL. ADDITIONALLY, THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE CAREFULLY EVALUATE COMPETITIVE INFORMATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT LIKE SIZED AND SITUATED ORGANIZATIONS. THIS REVIEW PROCESS AS WELL AS THE FINAL DETERMINATIONS ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. KIPP PHILADELPHIA CHARTER SCHOOL 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 050546103 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 474229584 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP WEST PHILADELPHIA CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 475257423 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP NORTH PHILADELPHIA CHARTER SCHOOL 2539 N 16TH STREET PHILADELPHIA PA 19132 824132057 SCHOOL PA 501(C)(3) LINE 2 N/A 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0