2020-03-03T14:04:26-06:00 2019-06-30 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2018-07-01 800037534 KIPP Colorado Schools % GEOFFREY BROVICH KIPP 7206679171 1390 Lawrence Street Suite 200 Denver CO 80204 ANJALI FEATHERSTONE INTERIM CEO 7203753237 2020-03-15 true Adam R Smith CPA P00958966 7194714290 167.68.126.162 84022720200635000000 2020-03-03 P 19466AA61A357D31F4873695DF4DFE6460C1305A 99522378748E1D23F65510E2B5ED70581070F4D5 2018 2020-09-23 17:36:50Z ANJALI FEATHERSTONE 1390 LAWRENCE ST SUITE 200 DENVER CO 80204 30493302 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 13 13 387 25 0 4306678 5473054 20555522 24925458 33752 94790 0 0 24895952 30493302 494222 420634 0 0 19769250 18202405 91526 167202 381506 8129537 9536581 28484535 28326822 -3588583 2166480 6403648 7371337 16819972 15402075 -10416324 -8030738 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 23181747 420634 24925458 TWO TRADITIONAL HIGH SCHOOLS (KIPP DENVER COLLEGIATE - BENEFITING APPROXIMATELY 488 STUDENTS AND KIPP NORTHEAST DENVER LEADERSHIP ACADEMY BENEFITING APPROXIMATELY 541 STUDENTS), TWO TRADITIONAL MIDDLE SCHOOLS (KIPP SUNSHINE PEAK ACADEMY - BENEFITING APPROXIMATELY 430 STUDENTS, AND KIPP NORTHEAST DENVER MIDDLE SCHOOL - BENEFITING APPROXIMATELY 490 STUDENTS), AND TWO TRADITIONAL ELEMENTARY SCHOOLS (KIPP NORTHEAST ELEMENTARY - BENEFITING APPROXIMATELY 484 STUDENTS AND KIPP SUNSHINE PEAK ELEMENTARY BENEFITING APPROXIMATELY 115 STUDENTS) OFFERING SCHOOL SUBJECTS IN ENGLISH, MATH, SCIENCE AND HISTORY. 23181747 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 true true false false false false false false false false false false false false false false false false false true 10 0 387 true false false false false false true true false false false false false false X 13 13 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 DAN FRIESEN BOARD CHAIR THRU DEC 2018 2.0 0.0 X X 0 0 0 JACKIE HAWKEY TREASURER 2.0 0.0 X X 0 0 0 BETH BEHNKE SECRETARY 2.0 0.0 X X 0 0 0 DREW TYRIE 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 KENNETH JOEL BOARD CHAIR FROM JAN 2019 2.0 0.0 X X 0 0 0 TODD ERZINE DIRECTOR 2.0 0.0 X 0 0 0 MARIA DE CAMBRA DIRECTOR 2.0 0.0 X 0 0 0 LISA ROY DIRECTOR 2.0 0.0 X 0 0 0 JIM BENDER DIRECTOR 2.0 0.0 X 0 0 0 MELISSA BROWNE DIRECTOR 2.0 0.0 X 0 0 0 MARIBETH YOUNGER DIRECTOR 2.0 0.0 X 0 0 0 POLLY BREIT DIRECTOR 2.0 0.0 X 0 0 0 ANJALI FEATHERSTONE CHIEF OPERATING OFFICER 50.0 0.0 X 77244 0 7874 KIMBERLEE SIA EXECUTIVE DIRECTOR 50.0 0.0 X 162500 0 17470 KURT PUSCH CHIEF SCHOOLS OFFICER 50.0 0.0 X 119312 0 15490 STEPHANI OLSON SCHOOL LEADER 50.0 0.0 X 104500 0 12008 EMILY YATES MANAGING DIRECTOR OF TEACHING 50.0 0.0 X 103750 0 11607 567306 0 64449 4 false true false Denver Public Schools 1860 Lincoln Street DENVER CO 80203 Admin/SPED/Services 1855962 1 3969963 1503091 5473054 Per Pupil Revenue 611710 19150103 19150103 District Mill Levy 611710 5213083 5213083 Student Fees 611710 253213 253213 Food Service 611710 230721 230721 E-Rate & Special Education 611710 78338 78338 24925458 94790 94790 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30493302 24925458 94790 0 420634 420634 0 0 378680 378680 0 15633571 13288730 2206606 138235 599401 494134 100089 5178 1362138 1171843 190220 75 228615 190512 38103 0 35259 10300 24959 73274 73274 0 167202 167202 0 768600 308760 459840 53857 12200 35676 5981 1055606 984349 70411 846 855 789 66 0 1838308 1795531 42777 231135 122601 108234 300 0 0 0 0 31329 31329 198200 36546 161654 DISTRICT SERVICES 1993418 1993418 BOOKS AND SUPPLIES 904885 894424 10461 FIELD TRIPS AND TRANSPORTATION 385268 371360 13908 STUDENT FOOD SERVICE 239340 231847 7493 1727247 822440 841118 63689 28326822 23181747 4763569 381506 2232176 3609343 3396286 2755962 628810 719462 0 0 0 0 0 0 0 0 0 0 41528 163051 1089904 1016385 104848 73519 0 0 0 0 0 0 0 0 0 50000 6403648 7371337 478685 1178258 0 0 0 10000 0 0 0 0 0 0 0 0 0 0 16341287 14213817 16819972 15402075 X -10521172 -8104257 104848 73519 0 0 -10416324 -8030738 6403648 7371337 X 2166480 219106 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 884518 828307 56211 205385 188077 17308 73519 0 Net Pension Liability 13320800 NET OPEB LIABILITY 893017 14213817 30493302 30493302 30493302 30203857 1908364 1908364 28295493 31329 31329 28326822 SCHEDULE D, PART VII, LINE 2D EXPENSE ON BOOKS, NOT ON RETURN: 1,877,096 CREDIT AGAINST PENSION EXPENSE NOT REPORTED AS EXPENDITURE ON GOVERNMENTAL FUND REPORT 31,268 CREDIT AGAINST OPEB EXPENSE NOT REPORTED AS EXPENDITURE ON GOVERNMENTAL FUND REPORT 1,908,364 TOTAL SCHEDULE D, PART VII, LINE 4B EXPENSE ON RETURN, NOT ON BOOKS: 31,239 DEPRECIATION EXPENSE TREATED AS CAPITAL OUTLAY ON GOVERNMENTAL FUND REPORT. 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 true Scholarships 33 420634 SCHEDULE I, PART I, LINE 2 GRANT MONITORING PROCESS: ALL SCHOLARSHIPS FOR STUDENTS ARE PROVIDED DIRECTLY TO THE COLLEGE THE STUDENT WILL BE ATTENDING. THE ORGANIZATION TRACKS THE PROGRESS OF STUDENTS BENEFITING FROM THE SCHOLARSHIPS, INCLUDING INFORMATION REGARDING COLLEGE PERSISTENCE AND GRADUATION. THIS INFORMATION IS THEN COMPILED IN AN ANNUAL REPORT AND PROVIDED TO THE FOUNDATION THAT ORIGINALLY PROVIDED THE SCHOLARSHIP MONEY TO KIPP COLORADO SCHOOLS. X X X false false false false false false false false KIMBERLEE SIA EXECUTIVE DIRECTOR 162500 0 0 0 0 0 9186 0 8284 0 179970 0 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 6,109,560 CAPITAL ASSETS USED IN GOVERNMENTAL ACTIVITIES ARE NOT 73,519 FINANCIAL RESOURCES AND THEREFORE ARE NOT REPORTED IN THE GOVERNMENTAL FUND. THE NET PENSION LIABILITY IS NOT DUE AND PAYABLE IN THE (13,320,800) CURRENT PERIOD AND, THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND THE NET OPEB LIABILITY IS NOT DUE AND PAYABLE IN THE CURRENT (893,017) PERIOD AND THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND TOTAL NET ASSETS REPORTED ON FORM 990 (8,030,738) 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 219,106