2022-05-13T08:53:09-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-07-01 203971209 KIPP NEW YORK INC KIPP 2129912600 1501 BROADWAY NO 1000 NEW YORK NY 10036 BRIAN ZIED CFO 2129912600 2022-05-11 1 BRIAN ZIED 999009999 DAVID M SEKERAK P01395497 2156433900 2022-05-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ALICIA JOHNSON 1501 BROADWAY NO 1000 NEW YORK NY 10036 36183958 0 X WWW.KIPPNYC.ORG X 2005 DE TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS 11 11 128 179 0 0 5533708 19222426 12694269 16398733 736160 433393 213797 64321 19177934 36118873 283453 605931 0 0 13295950 18016486 0 0 1119593 6333044 6908150 19912447 25530567 -734513 10588306 52127801 134718837 10281616 82284312 41846185 52434525 TO PROVIDE SUPPORT FOR KNOWLEDGE IS POWER PROGRAM (KIPP) NEW YORK CITY SCHOOLS AND PROGRAMS. 0 0 23376323 605931 16398733 TO PROVIDE SUPPORT TO KIPP NYC SCHOOLS. TO SOLICIT, RAISE, RECEIVE, HOLD, INVEST AND EXPEND FUNDS FOR THE ADVANCEMENT AND FURTHERANCE OF SUCH PURPOSES AND TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES IN THE FURTHERANCE OF THE FOREGOING PURPOSES. 23376323 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 137 0 128 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X BRIAN ZIED 2129912600 1501 BROADWAY NO 1000 NEW YORK NY 10036 LARRY ROBBINS CHAIR 2.00 0.00 X X 0 0 0 DAVID J LEVIN VICE-CHAIR 2.00 2.00 X X 0 0 0 ELIAS ALCANTARA TRUSTEE 2.00 0.00 X 0 0 0 LISA BLAU TRUSTEE 2.00 0.00 X 0 0 0 ANGELA DIAZ TRUSTEE 2.00 0.00 X 0 0 0 ABIGAIL KLEM TRUSTEE 2.00 0.00 X 0 0 0 VALERIE LANCASTER-BEAL TRUSTEE 2.00 0.00 X 0 0 0 FRED SCOTT TRUSTEE 2.00 0.00 X 0 0 0 RANDY SIMPSON TRUSTEE 2.00 0.00 X 0 0 0 MARVA SMALLS TRUSTEE 2.00 0.00 X 0 0 0 RIK WILLARD TRUSTEE 2.00 0.00 X 0 0 0 ALICIA JOHNSON CHIEF OPERATING OFFICER 40.00 0.00 X 318228 0 20439 BRIAN ZIED CHIEF FINANCIAL OFFICER 40.00 0.00 X 251290 0 37908 DIANE FLYNN CHIEF REAL ESTATE OFFICER 40.00 0.00 X 245953 0 15750 NATALIE WEBB MANAGING DIRECTOR, LEADERS 16.00 24.00 X 137436 73977 42730 EDWARD LAUX MANAGING DIRECTOR, TECHNOLOGY 40.00 0.00 X 219117 0 33093 JANE DOWLING CHIEF EXTERNAL AFFAIRS OFFICER 40.00 0.00 X 220627 0 30411 KERRY MULLINS CHIEF PEOPLE OFFICER 40.00 0.00 X 210182 0 30043 DANA CORREALLE MANAGING DIRECTOR, FP&A 40.00 0.00 X 177595 0 37230 TESSA KRATZ MANAGING DIRECTOR, KTC 20.00 20.00 X 80707 80707 40950 VICTOR ACOSTA MANAGING DIRECTOR, FACILITIES 40.00 0.00 X 167453 0 31739 EFRAIN GUERRERO MANAGING DIRECTOR OF OPERATION 40.00 0.00 X 171489 0 19756 ROSEANN SHEEHAN MANAGING DIRECTOR, OPS & DATA 40.00 0.00 X 164069 0 20697 REBECCA ANNE SLEATH CHIEF OF STAFF 40.00 0.00 X 154129 0 28106 AISHA CHRISTIAN GENERAL COUNSEL 40.00 0.00 X 183204 0 25069 CRAIG VARSA SPECIAL EDUCATION DIRECTOR 40.00 0.00 X 151100 0 41347 LESLIE KIM MANAGING DIRECTOR, ACADEMICS K-8 40.00 0.00 X 158177 0 24408 DAYNEESA N MCMILLAN CONTROLLER 40.00 0.00 X 144526 0 20066 VENEKA T CHAGWEDERA MANAGING DIRECTOR, DEV. & EXT AFFAIRS 40.00 0.00 X 147301 0 3140 3302583 154684 502882 46 0 1 0 PARAMOUNT LEASEHOLD LP 1501 BRAOADWAY FLOOR 19 NEW YORK NY 10036 RENTAL MANAGEMENT 937940 DBI PROJECT LLC 1261 BROADWAY FLOOR 9 NEW YORK NY 10001 PROJECT MANAGEMENT CONSULTANT 837049 GIBSON DUNN & CRUTCHER LLP 200 PARK AVENUE NEW YORK NY 10166 LEGAL SERVICES 736927 BOND SCHOENECK & KING LLC 600 THIRD AVENUE FLOOR 22 NEW YORK NY 10016 LEGAL SERVICES 263473 CLIFTONLARSONALLEN LLP PO BOX 829709 PHILADELPHIA PA 19182 ACCOUNTING SERVICES 164556 7 1806658 3083449 14332319 14049 19222426 SERVICES RENDERED 611710 16398733 16398733 16398733 432397 432397 11699 10703 996 996 996 0 1806658 54382 -54382 -54382 MISC REVENUE 900099 118703 118703 118703 36118873 16398733 0 497714 605931 605931 2682082 2429638 235851 16593 12561723 11446211 355383 760129 363540 336678 6861 20001 1357671 1256801 31779 69091 1051470 972983 31924 46563 702006 695615 6391 38958 38958 2024554 1945940 11111 67503 223360 202252 1565 19543 150103 140577 447 9079 963276 961537 1739 826494 826494 140809 140809 154166 135131 19035 255925 255925 ALUMNI PROGRAMMING 457112 429220 26409 1483 PROFESSIONAL DEVELOPMEN 266921 225171 41750 ACADEMIC MATERIALS 191883 191810 73 BAD DEBT EXPENSE 170188 170188 342395 263337 11273 67785 25530567 23376323 1034651 1119593 15189289 33227297 993448 781405 2066338 8699994 957505 1621491 22820000 20118752 4022818 2665001 57931967 1640569 1995526 56291398 4082877 11313499 52127801 134718837 2145574 16679192 204 58000000 4121693 1200000 4014145 6405120 10281616 82284312 X 39282698 45334006 2563487 7100519 41846185 52434525 52127801 134718837 10588306 34 0 X 0 1 X 1 0 X X X 2 KIPP ACADEMY CHARTER SCHOOL 113550982 2 0 0 3886152 KIPP NYC PUBLIC CHARTER SCHOOL 300717988 2 0 0 19490171 2 0 23376323 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION A, LINE 1: THE ARTICLES OF INCORPORATION SPECIFICALLY DESIGNATE THAT THE ORGANIZATION SHALL OPERATE FOR THE BENEFIT OF THE KNOWLEDGE IS POWER PROGRAM (KIPP) SCHOOLS. IT SHALL PRIMARILY OPERATE FOR THE BENEFIT OF THE KIPP SCHOOLS LOCATED WITHIN THE FIVE BOUGHS OF NEW YORK CITY, NEW YORK, THAT ARE QUALIFIED, OR HAVE APPLIED FOR QUALIFICATION, AS AN IRC SECTION 501(C)(3) ORGANIZATION, BUT MAY FROM TIME TO TIME BENEFIT KIPP SCHOOLS MEETING ALL STATED CRITERIA BUT ARE LOCATED IN A DIFFERENT GEOGRAPHIC LOCATION. KIPP SCHOOLS CURRENTLY IN EXISTENCE THAT FALL INTO THIS CLASS ARE LISTED ON SCHEDULE A, PART I, LINE 12G, CURRENTLY ALL SUPPORTED SCHOOLS ARE LOCATED WITH THE FIVE BOROUGHS OF NEW YORK CITY. PART IV, SECTION C, LINE 1: THE ORGANIZATION AND BOTH OF ITS SUPPORTED ORGANIZATIONS ARE ALL MANAGED BY THE SAME COO AND CFO, WHO REPORT ON THE ACTIVITY OF EACH ENTITY TO THE GOVERNING BOARDS OF ALL ENTITIES. THIS REGULAR COMMUNICATION THROUGH SHARED MANAGEMENT ALLOWS FOR THE SUPPORTED ORGANIZATIONS TO ENSURE THE SUPPORTING ORGANIZATION REMAINS RESPONSIVE TO THEIR NEEDS AND DEMANDS. 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AS OF JUNE 30, 2021, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE ORGANIZATION HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -54,382. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 54,382. CASINO NIGHT 1749000 1749000 50000 SIPP FOR KIPP 57658 57658 4382 1806658 1806658 50000 4382 54382 -54382 1 SCHOLARSHIPS 23 65227 STIPENDS 1282 365000 TUITION 30 165466 SUPPORT 16 10238 PART I, LINE 2: WHEN RESTRICTED GRANT MONIES ARE RECEIVED, KIPP NEW YORK, INC. CREATES A FUNDING SOURCE FOR EACH GRANT IN THEIR MIP SOFTWARE TO TRACK ALL RELATED REVENUE AND QUALIFYING EXPENSES. MIP REPORTS ARE RAN PERIODICALLY TO REVIEW AND MONITOR THE PROPER USE OF THE GRANT FUNDS AND UNDERLYING ACTIVITY. 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THE COMPOSITION OF THE COMMITTEE IS DETERMINED BY THE BOARD. NO COMMITTEE SHALL HAVE ANY POWER OR AUTHORITY TO: (A) ADOPT, AMEND OR REPEAL ANY BYLAW OF THE CORPORATION; (B) FILL VACANCIES IN THE BOARD OR IN ANY COMMITTEE; (C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS MAY NOT BE SO AMENDED OR REPEALED; (D) FIX COMPENSATION OF ANY DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; AND (E) DELEGATE ANY OF THE POWER OR AUTHORITY OF SUCH COMMITTEE TO A SUBCOMMITTEE UNLESS SO AUTHORIZED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C KIPP NEW YORK, INC. HAS ADOPTED A CONFLICT OF INTEREST POLICY FOR THE GUIDANCE OF ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE CORPORATION. DISCLOSURE OF MATERIAL FACTS SURROUNDING A CONFLICT OF INTEREST SHALL BE MADE TO THE CHAIRPERSON OF THE BOARD. A KEY EMPLOYEE WHO WISHES TO USE STAFF ASSISTANCE, SERVICES OR FACILITIES FOR PURPOSES OTHER THAN CARRYING OUT PROFESSIONAL RESPONSIBILITIES MUST DISCLOSE THE CONFLICT TO THE CHIEF OPERATING OFFICER OF KIPP NEW YORK, INC., WHO WILL EXERCISE DISCRETION IN ALLOWING OR DISALLOWING THE PROPOSED USE IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. THE CHAIRMAN OF THE BOARD REVIEWS ALL WRITTEN DISCLOSURES OF CONFLICTS OF INTEREST, HOWEVER RELATED PARTY TRANSACTIONS MUST GO THROUGH A FORMAL REVIEW BY A QUORUM OF THE BOARD CONSISTING OF INDEPENDENT DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S DETERMINATION OF COMPENSATION FOR THE SUPERINTENDENT, OTHER OFFICER AND KEY EMPLOYEE POSITIONS ARE BASED ON COMPENSATION SURVEYS, RELATED MARKET RESEARCH, EVALUATION OF PERFORMANCE AND EXPERIENCE. COMPENSATION FOR THE AFOREMENTIONED POSITIONS ARE DETERMINED ANNUALLY AND APPROVED BY THE BOARD OF THE ORGANIZATION. THIS PROCESS AND THE FINAL DETERMINATIONS WERE TIMELY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. 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