2022-05-12T09:13:09-05:00 2021-06-30 161092347 MENGEL METZGER BARR & CO LLP 100 CHESTNUT STREET SUITE 1200 ROCHESTER NY 14604 990 2020-07-01 201347748 KIPP ALBANY COMMUNITY PUBLIC CHARTER SCHOOLS KIPP 5186949494 321 NORTHERN BLVD ALBANY NY 122102653 STEPHANIE VALLE EXECUTIVE DIRECTOR 5186949494 2022-05-11 1 STEPHANIE VALLE 999009999 RAYMOND J JACOBI P00160856 5854231860 2022-05-11 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X JOHN P REILLY 321 NORTHERN BLVD ALBANY NY 122102653 27102331 0 X WWW.KIPPALBANY.ORG X 2006 NY KIPP ALBANY COMMUNITY PUBLIC CHARTER SCHOOLS (KIPP ALBANY) LAUNCHED ON JULY 1, 2020 AS THE NEW PARTNERSHIP BETWEEN KIPP TECH VALLEY CHARTER SCHOOLS (KTV) AND ALBANY COMMUNITY CHARTER SCHOOLS (ACCS). KIPP ALBANY IS A UNIFIED GROUP OF SCHOOLS STRIVING TOWARDS EXCELLENCE IN EDUCATION IN THE CAPITAL REGION. LOCATED ON THE NORTH AND SOUTH END OF ALBANY, KIPP ALBANY WILL SERVE 1,600 STUDENTS IN GRADES K-8 IN THE 2021-2022 SCHOOL YEAR. KIPP ALBANY IS GOVERNED BY A LOCAL BOARD OF DIRECTORS FOCUSED ON PROVIDING STUDENTS WITH THE TOOLS THEY NEED TO ACHIEVE THEIR LIMITLESS POTENTIAL IN COLLEGE, CAREER, AND BEYOND. 12 12 247 12 0 0 2299958 3357625 11070000 23742962 838 1744 0 0 13370796 27102331 0 0 0 0 7588349 15982256 0 0 0 3280479 7766484 10868828 23748740 2501968 3353591 20085676 44188636 19060838 29838374 1024838 14350262 MISSION: TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE TO PURSUE THE PATHS THEY CHOOSE- COLLEGE, CAREER, AND BEYOND- SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD. 0 0 14724994 23019025 THE REGULAR SCHOOL PROGRAM PROVIDES EDUCATIONAL PROGRAMS FOR KINDERGARTEN THROUGH GRADE 8. THERE ARE APPROXIAMATELY 1493 STUDENTS SERVICED. 617365 232978 THE SPECIAL EDUCATION PROGRAM PROVIDES CHILDREN WITH SPECIAL NEEDS WITH APPROPRIATELY BASED EDUCATIONAL ASSISTANCE. 6% OF STUDENTS RECEIVE SPECIAL EDUCATIONAL SERVICES. 2824796 490959 OTHER PROGRAMS - FIELD TRIPS, TRANSPORTATION, AND NUTRITIONAL PROGRAMS SERVE STUDENTS IN KINDERGARTEN THROUGH 8. 18167155 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 34 0 247 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X STEPHANIE VALLE 5186949494 321 NORTHERN BLVD ALBANY NY 122102653 KELLY KIMBROUGH TRUSTEE 1.00 X 0 0 0 KATIE HOHMAN TRUSTEE 1.00 X 0 0 0 DR DON-LEE APPLYRS TRUSTEE 1.00 X 0 0 0 KELLY WALBORN TRUSTEE 1.00 X 0 0 0 DR SHAI BUTLER VICE PRESIDENT 1.00 X X 0 0 0 GUY ALONGE TREASURER 1.00 X X 0 0 0 CARL YOUNG SECRETARY 1.00 X X 0 0 0 JOHN P REILLY PRESIDENT 1.00 X X 0 0 0 JUANITA NABORS TRUSTEE 1.00 X 0 0 0 LASONE GARLAND-BRYAN TRUSTEE 1.00 X 0 0 0 RON MEXICO TRUSTEE 1.00 X 0 0 0 MICHAEL STRIANESE TRUSTEE 1.00 X 0 0 0 STEPHANIE VALLE EXECUTIVE DIRECTOR 40.00 X 172318 0 19654 S N CURRIE CHIEF IMPACT OFFICER 40.00 X 181333 0 45890 MAYA TUCCI PRIMARY SCHOOL PRINCIPAL 40.00 X 135745 0 13176 HALIM GENUS MIDDLE SCHOOL PRINCIPAL 40.00 X 123894 0 12434 ANDREA ELLIS ELEMENTARY SCHOOL PRINCIPAL 40.00 X 117881 0 5927 JENNIFER BRADY SENIOR DIRECTOR OF REGIONAL OPERATIONS 40.00 X 115010 0 16531 SHERRMAINE MOORE-BOAKYE MIDDLE SCHOOL PRINCIPAL 40.00 X 142080 0 36580 988261 0 150192 7 0 1 0 DURHAM SCHOOL SERVICES 830 S PEARL ST ALBANY NY 12202 TRANSPORTATION 204360 INFINITE LOVE LLC 43 QUAIL STREET ALBANY NY 12206 NON-INSTRUCTIONAL CONTRACT LABOR 186370 2 3069939 287686 3357625 RESIDENT STUDENT ENROLLMENT 611600 22973680 22973680 FOOD SERVICE / CHILD NUTRITION PR 611600 490959 490959 STUDENTS WITH DISABILITIES 611600 232978 232978 OTHER INCOME 900099 45345 45345 23742962 1744 1744 27102331 23742962 0 1744 386527 311877 74650 12083655 9589754 2493901 498438 448594 49844 1985864 1787277 198587 1027772 924995 102777 33501 33501 107391 107391 1187029 804037 382992 83577 83577 192303 90827 101476 293163 263846 29317 981107 882996 98111 969638 872674 96964 209018 209018 DEBT ISSUANCE COSTS WRI 1053697 1053697 REPAIRS AND MAINTENANCE 706859 636173 70686 SUPPLIES / MATERIALS 549139 549139 STUDENT SERVICES 434005 434005 966057 570961 395096 23748740 18167155 5581585 0 2603096 11643143 1406180 1230187 667978 914697 136093 43498 100059 33985300 5380638 16770104 28604662 1000 0 153615 20085676 44188636 382999 1325653 19520 10927234 6356225 28512721 1374860 0 19060838 29838374 X 713614 14321068 311224 29194 1024838 14350262 20085676 44188636 X 3353591 9971833 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3430892 3430892 28069031 3717858 24351173 129139 62460 66679 1853803 1131813 721990 502435 468507 33928 28604662 X 26048634 0 26048634 1053697 1053697 27102331 22695043 0 22695043 1053697 1053697 23748740 PART X, LINE 2: THE CHARTER SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATION AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE CHARTER SCHOOL FILES FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2018 THROUGH JUNE 30, 2021 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT OF THE CHARTER SCHOOL BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DEBT ISSUANCE COSTS WRITTEN OFF AND LOAN PREPAYMENT FEES 1,053,697. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEBT ISSUANCE COSTS WRITTEN OFF AND LOAN PREPAYMENT FEES 1,053,697. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPERS AND ORGANIZATION'S WEBSITE. SCHEDULE E, PART I, LINE 4 THERE IS NO TUITION CHARGED FOR ENROLLMENT IN THE SCHOOL; THEREFORE, FINANCIAL ASSISTANCE & SCHOLARSHIPS ARE NOT APPLICABLE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS FEDERAL AND STATE GRANTS FROM VARIOUS AGENCIES RELATED TO FOOD AND STUDENT SERVICES. X 0 0 0 0 0 0 0 0 0 S N CURRIE CHIEF IMPACT OFFICER 181333 0 0 0 0 0 21219 0 24671 0 227223 0 0 0 STEPHANIE VALLE EXECUTIVE DIRECTOR 172318 0 0 0 0 0 8550 0 11104 0 191972 0 0 0 SHERRMAINE MOORE-BOAKYE MIDDLE SCHOOL PRINCIPAL 142080 0 0 0 0 0 12110 0 24470 0 178660 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS AND OTHER CORPORATE DOCUMENTS WERE AMENDED TO REFLECT THE MERGER OF KIPP TECH VALLEY CHARTER SCHOOL AND ALBANY COMMUNITY CHARTER SCHOOL INTO KIPP: ALBANY COMMUNITY PUBLIC CHARTER SCHOOLS. FORM 990, PART VI, SECTION A, LINE 8B MINUTES TO COMMITTEE MEETINGS ARE NOT OFFICIALLY KEPT. THERE ARE NO BINDING VOTES TAKEN IN COMMITTEES. THE COMMITTEE CHAIR REPORTS BACK TO THE BOARD MEMBERS AND THE RECOMMENDATIONS/ACCOMPLISHMENTS ARE REPORTED IN THE BOARD MINUTES AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY, AND ANY TIME DURING THE YEAR WHERE THERE IS A POSSIBLE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE DIRECTOR'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD OF DIRECTORS REVIEW THE SCHOOL'S PERFORMANCE COMPARED TO SIMILAR SCHOOLS AND USES VALUE ADDED ANALYSIS IN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER IN OF ALBANY COMMUNITY CHARTER SCHOOL NET ASSETS 9,971,833. PART XII, LINE 2C EXPLANATION THIS PROCESS IS CONSISTENT WITH THE PRIOR YEAR.