2021-05-12T15:50:53-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2019-07-01 261970577 KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL KIPP 2152948596 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 CHESHONNA MILES SCHOOL LEADER 2152948596 2021-05-07 1 DAVID M SEKERAK P01395497 2156433900 2021-05-07 2019 2022-09-23 18:48:47Z CHESHONNA MILES 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 5609934 0 X WWW.KIPPPHILADELPHIA.ORG X 2008 PA A PUBLIC SCHOOL SERVING STUDENTS IN GRADES 5 THROUGH 8. 10 10 47 78 0 0 508545 559467 4849917 5015430 35 35 0 35002 5358497 5609934 0 0 0 0 2490109 2498246 0 0 0 2209458 2092232 4699567 4590478 658930 1019456 2185458 2349687 5931661 5076434 -3746203 -2726747 TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE THEY NEED TO PURSUE THE PATHS THEY CHOOSE-COLLEGE, CAREER, AND BEYOND-SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD. 0 0 3283851 0 5015430 KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL IS AN OPEN ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOL SERVING STUDENTS IN GRADES 5 THROUGH 8. WE SERVE PHILADELPHIA'S MOST EDUCATIONALLY UNDERSERVED COMMUNITIES, AND WITH THE CESSATION OF IN-PERSON LEARNING DUE TO THE GLOBAL PANDEMIC, WE PROVIDED THE CRITICAL RESOURCES NEEDED TO ENSURE THE SEAMLESS TRANSITION TO VIRTUAL LEARNING AND PROVIDED ACCESS TO RESOURCES TO SUPPORT THE SOCIAL-EMOTIONAL HEALTH OUR STUDENTS, FAMILIES, ALUMNI, AND STAFF. 3283851 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 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 1 0 0 0 1 9 0 47 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 2152948596 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 CHESHONNA MILES SCHOOL LEADER 50.00 0.00 X 125730 0 40623 STEVE CASPER CHAIR (RETIRED JUNE 2020) 0.25 1.00 X X 0 0 0 SAMANTHA WILSON-JONES VICE PRESIDENT 0.25 1.00 X X 0 0 0 ALISA FIELD SECRETARY 0.25 1.00 X X 0 0 0 SAMUEL WHITAKER TREASURER 0.25 1.00 X X 0 0 0 LEIGH WHITAKER MEMBER 0.25 1.00 X 0 0 0 ANN AERTS MEMBER 0.25 1.00 X 0 0 0 JERRY DAVIDSE MEMBER 0.25 1.00 X 0 0 0 DAVID REUTER MEMBER 0.25 1.00 X 0 0 0 NANCY SCHARFF MEMBER 0.25 1.00 X 0 0 0 TOYA ALGARIN MEMBER 0.25 1.00 X 0 0 0 NATASHA BOSTON MEMBER (THRU DEC 2019) 0.25 1.00 X 0 0 0 WYDIA SIMMONS MEMBER (THRU MAR 2020) 0.25 1.00 X 0 0 0 125730 0 40623 1 0 1 0 KIPP ADMINISTRATIVE SERVICES CORP 5070 PARKSIDE AVE PHILADELPHIA PA 19131 SHARED SERVICES 607702 1 557432 2035 559467 LOCAL SOURCES 611110 4992139 4992139 STUDENT ACTIVITIES 611110 23291 23291 5015430 35 35 RECOVERY OF LEGAL FEES 900099 29479 29479 GAIN ON CAPITAL LEASE 900099 4194 4194 MISCELLANEOUS 900099 1329 1329 35002 5609934 5015430 0 35037 X 170171 170171 2385527 1738456 647071 -648482 -415138 -233344 390264 320763 69501 200766 150691 50075 607702 607702 3698 3698 23914 23914 617064 607456 9608 1735 1735 116223 62685 53538 358026 358026 31736 24815 6921 29000 29000 6648 6648 66939 66939 47870 47870 BOOKS AND SUPPLIES 96371 73326 23045 EQUIPMENT 47694 39444 8250 LICENSE FEE 30000 30000 REPAIRS AND MAINTENANCE 7612 7612 4590478 3283851 1306627 0 X 1206409 1237084 175412 175447 235451 58844 10177 8486 8486 45063 35233 714071 472157 167366 241914 523878 405895 2185458 2349687 825224 720378 22638 5083799 4356056 5931661 5076434 X -3746203 -2726747 -3746203 -2726747 2185458 2349687 1019456 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 54617 47412 7205 538394 407754 130640 121060 16991 104069 241914 DEFERRED OUTFLOWS-GASB 68 214394 DEFERRED OUTFLOWS-GASB 75 8000 DUE FROM OTHER GOVERNMENTAL ENTITIES 183501 405895 DUE TO RELATED PARTIES 687141 CAPITAL LEASE OBLIGATION 106915 NET PENSION LIABILITY 1825000 DEFERRED INFLOWS-GASB 68 1584000 DEFERRED INFLOWS-GASB 75 70000 NET OPEB LIABILITY 83000 4356056 X 5580455 0 5580455 29479 29479 5609934 4560999 -29479 -29479 4590478 0 4590478 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2020, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. PART XI, LINE 4B - OTHER RECOVERY OF LEGAL FEES INCLUDED IN EXPENSES ON FINANCIAL STATEMENTS - $29,479 PART XII, LINE 2D - OTHER RECOVERY OF LEGAL FEES INCLUDED IN EXPENSES ON FINANCIAL STATEMENTS - ($29,479) 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NON-DISCRIMINATION POLICY IS PUBLISHED ON THE KIPP PHILADELPHIA WEBSITE, WWW.KIPPPHILADELPHIA.ORG. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVED ASSISTANCE FROM THE PENNSYLVANIA DEPARTMENT OF EDUCATION AND THE SCHOOL DISTRICT OF PHILADELPHIA DURING THE TAX YEAR. X X X 0 0 0 0 0 0 0 0 0 CHESHONNA MILES SCHOOL LEADER 123956 0 1774 0 0 0 37948 0 2675 0 166353 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD OFFICERS AND COMMITTEE CHAIRS. THE EXECUTIVE COMMITTEE SHALL HAVE THE FULL AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN MEETINGS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER (A) TO AUTHORIZE DISTRIBUTIONS, (B) TO APPROVE OR RECOMMEND THE DISSOLUTION, MERGER, SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS, (C) TO ELECT, APPOINT, OR REMOVE TRUSTEES OR FILL VACANCIES ON THE BOARD OF TRUSTEES OR ON A COMMITTEE, (D) TO ADOPT, AMEND, OR REPEAL THE ARTICLES OF INCORPORATION OR THE BYLAWS, OR (E) TO EXERCISE OTHER POWERS SPECIFICALLY DENIED THE COMMITTEE BY RESOLUTION OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND BOARD. 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 AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL STATEMENT OF FINANCIAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE SCHOOL LEADER 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 B, LINE 15B: NO OTHER COMPENSATED INDIVIDUAL MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. 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. FORM 990, PART IX, LINE 11G CONTRACTED EDUCATION SERVICES: PROGRAM SERVICE EXPENSES 509,334. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 509,334. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 328. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 328. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 98,122. MANAGEMENT AND GENERAL EXPENSES 9,280. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,402. PART X, LINE 8: THE SCHOOL IS PART OF THE PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (PSERS), WHICH IS A GOVERNMENTAL COST-SHARING MULTIPLE EMPLOYER DEFINED PENSION PLAN THAT PROVIDES BENEFITS TO PUBLIC SCHOOL EMPLOYEES OF THE COMMONWEALTH OF PENNSYLVANIA. UNDER GOVERNMENTAL-WIDE ACCOUNTING FOR GOVERNMENTAL ACCOUNTING STANDARDS (GASB) REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS NET PENSION LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE ADOPTION OF ACCOUNTING STANDARD GASB 68 - ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS IN FISCAL YEAR JUNE 30, 2015. UNDER GASB REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS OTHER POSTEMPLOYMENT BENEFIT (OPEB) LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE ADOPTION OF ACCOUNTING STANDARD GASB 74 AND 75 - ACCOUNTING AND FINANCIAL REPORTING FOR POSTEMPLOYMENT BENEFITS OTHER THAN PENSIONS IN FISCAL YEAR JUNE 30, 2018. AS A RESULT OF THE FISCAL YEAR 2020 ALLOCATIONS AND GASB JOURNAL ENTRIES REQUIRED TO BE RECORDED, THE PSERS PENSION AND OPEB ACTIVITY RESULTED IN A CREDIT FOR JUNE 30, 2020 FISCAL YEAR. KIPP WEST PHILADELPHIA CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 475257423 SCHOOL PA 501(C) (3) LINE 2 N/A 0 KIPP PHILADELPHIA CHARTER SCHOOL 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 050546103 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 KIPP DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 474229584 SCHOOL PA 501(C) (3) LINE 2 N/A 0 KIPP ADMINISTRATIVE SERVICES CORPORATION 5070 PARKSIDE AVENUE SUITE 3500D PHILADELPHIA PA 19131 452384209 ADMINISTRATION PA 501(C) (3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0