2021-02-11T14:17:41-06:00 2020-06-30 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2019-07-01 800037534 KIPP COLORADO SCHOOLS % GEOFFREY BROVICH KIPP 3039343245 1390 LAWRENCE STREET Suite 200 DENVER CO 80204 TOMI AMOS CEO 7203753237 2020-11-15 true Adam R Smith CPA P00958966 7194714290 2019 2022-09-23 18:48:47Z TOMI AMOS 1390 LAWRENCE ST SUITE 200 DENVER CO 80204 33215358 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 9 9 410 25 0 5473054 5440556 24925458 27699584 94790 75218 0 0 30493302 33215358 420634 4960 0 0 18202405 21481293 167202 12000 320610 9536581 9629967 28326822 31128220 2166480 2087138 7371337 14108265 15402075 16115040 -8030738 -2006775 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 26482714 4960 27699584 TWO TRADITIONAL HIGH SCHOOLS (KIPP DENVER COLLEGIATE - BENEFITING APPROXIMATELY 491 STUDENTS AND KIPP NORTHEAST DENVER LEADERSHIP ACADEMY BENEFITING APPROXIMATELY 568 STUDENTS), TWO TRADITIONAL MIDDLE SCHOOLS (KIPP SUNSHINE PEAK ACADEMY - BENEFITING APPROXIMATELY 425 STUDENTS, AND KIPP NORTHEAST DENVER MIDDLE SCHOOL - BENEFITING APPROXIMATELY 475 STUDENTS), AND TWO TRADITIONAL ELEMENTARY SCHOOLS (KIPP NORTHEAST ELEMENTARY - BENEFITING APPROXIMATELY 499 STUDENTS AND KIPP SUNSHINE PEAK ELEMENTARY BENEFITING APPROXIMATELY 153 STUDENTS) OFFERING SCHOOL SUBJECTS IN ENGLISH, MATH, SCIENCE AND HISTORY. 26482714 true true false false false false false false false false true false false false true false true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 43 0 410 true false false false false false true true false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false X X GEOFFREY BROVICH 5184870813 1390 LAWRENCE ST STE 200 DENVER CO 80204 Kimberlee Sia Executive Director Thru 10/19 50.0 0.0 X 129607 0 24264 Anjali Featherstone COO/Interim CEO 50.0 0.0 X 137634 0 15786 Stephani Olson School Principal 50.0 0.0 X 112414 0 15157 Emily Yates Managing Director of Teaching 50.0 0.0 X 109758 0 13664 Dave Vaale Director of School Culture 50.0 0.0 X 103024 0 12950 Jackie Hawkey Board Chair 2.0 0.0 X X 0 0 0 Drew Tyrie Vice Chair 2.0 0.0 X X 0 0 0 Jim Bender Secretary 2.0 0.0 X X 0 0 0 Steve Talley Treasurer 2.0 0.0 X X 0 0 0 Polly Breit Director 2.0 0.0 X 0 0 0 Todd Erzine Director 2.0 0.0 X 0 0 0 Kenneth Joel Director 2.0 0.0 X 0 0 0 Kellie O'Keefe Director 2.0 0.0 X 0 0 0 Yvette Wikstrom Director 2.0 0.0 X 0 0 0 592437 0 81821 5 false true false DENVER PUBLIC SCHOOLS 1860 LINCOLN STREET DENVER CO 80203 ADMIN/SPEN/SERVOCES 3777273 KOKUA 73 W MONROE CHICAGO IL 60603 SUBSTITUTE TEACHING 148506 2 4253736 1186820 5440556 Per Pupil Revenue 611710 21544927 21544927 District Mill Levy 611710 5909893 5909893 Student Fees 611710 204023 204023 E-Rate & Special Education 611710 40741 40741 27699584 75218 75218 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 33215358 27699584 75218 0 4960 4960 0 0 212971 212971 0 16386441 14358272 1910907 117262 3019271 2565121 429777 24373 1627062 1443444 183618 235548 200232 33616 1700 0 21311 21311 54503 54503 0 12000 12000 0 464975 423195 41780 45586 15675 29901 10 1001254 951788 49326 140 287061 191320 79747 15994 0 1928427 1899079 29348 226267 180417 45850 0 0 0 0 37509 29040 8469 161035 12734 148301 DISTRICT SERVICES 2167762 2166888 874 BOOKS AND SUPPLIES 993013 963906 29107 FIELD TRIPS & TRANSPORTATION 188635 184023 4612 STUDENT FOOD SERVICES 48847 47265 1582 2003782 845355 1009296 149131 31128220 26482714 4324896 320610 3609343 11126749 2755962 2167063 719462 511162 0 0 0 0 0 0 0 0 0 0 163051 131547 1225638 1053894 73519 171744 0 0 0 0 0 0 0 0 50000 0 7371337 14108265 1178258 1878449 0 0 10000 40000 0 0 0 0 0 0 0 0 0 0 14213817 14196591 15402075 16115040 X -8104257 -2178519 73519 171744 0 0 -8030738 -2006775 7371337 14108265 X 2087138 3936825 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 884518 836849 47669 136563 12488 124075 204557 204557 0 171744 0 Net Pension Liability 9810691 NET OPEB LIABILITY 791600 PPP LOAN ADVANCE 3594300 14196591 33215358 33215358 33215358 30901146 185169 185169 30715977 412243 412243 31128220 SCHEDULE D, PART VII, LINE 2D EXPENSE ON BOOKS, NOT ON RETURN: 135,734 CAPITAL OUTLAY EXPENSE NOT REPORTED AS EXPENDITURE ON GOVERNMENTAL FUND REPORT 49,435 CREDIT AGAINST OPEB EXPENSE NOT REPORTED AS EXPENDITURE ON GOVERNMENTAL FUND REPORT 185,169 TOTAL SCHEDULE D, PART XII, LINE 4B EXPENSE ON RETURN, NOT ON BOOKS: 37,509 DEPRECIATION EXPENSE TREATED AS CAPITAL OUTLAY ON GOVERNMENTAL FUNDS REPORT 374,734 PENSION CREDIT NOT REPORTED AS EXPENDITURE ON GOVERNMENTAL FUNDS REPORT 412,243 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. SCHEDULE E, PART I, LINE 6A KIPP COLORADO SCHOOLS ARE PUBLICLY FUNDED UNDER DENVER PUBLIC SCHOOLS X X X false false false false false false false false Anjali Featherstone COO/Interim CEO 137548 86 9353 6433 153420 Kimberlee Sia Executive Director Thru 10/19 129507 100 8806 15458 153871 FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE DIRECTOR OF FINANCE 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 DIRECTOR OF FINANCE. 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: EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE BOARD OF DIRECTORS. AN INFORMAL SURVEY OF EXECUTIVE DIRECTOR COMPENSATION AT SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS BY THE BOARD OF DIRECTORS WAS USED FOR COMPARABILITY PURPOSES. FORM 990, PART VI, SECTION B, LINE 15B REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION: THE COO'S AND CSO'S COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE EXECUTIVE DIRECTOR. AN INFORMAL SURVEY OF COMPENSATION AT SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS WAS USED BY THE EXECUTIVE DIRECTOR 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. 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 12,018,072 CAPITAL ASSETS USED IN GOVERNMENTAL ACTIVITIES ARE NOT 171,744 FINANCIAL RESOURCES AND THEREFORE ARE NOT REPORTED IN THE GOVERNMENTAL FUND. THE NET PENSION LIABILITY IS NOT DUE AND PAYABLE IN THE (9,810,691) CURRENT PERIOD AND, THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND THE NET OPEB LIABILITY IS NOT DUE AND PAYABLE IN THE CURRENT (791,600) PERIOD AND THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND Long-Term Liabilities IS NOT DUE AND PAYABLE IN THE (3,594,300) Current PERIOD AND THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND TOTAL NET ASSETS REPORTED ON FORM 990 (2,006,775) 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 3,936,825