2020-11-05T09:55:55-06:00 2020-06-30 141624930 TEAL BECKER & CHIARAMONTE CPAS PC 7 WASHINGTON SQUARE ALBANY NY 12205 990 2019-07-01 201347748 KIPP TECH VALLEY CHARTER SCHOOL KIPP 5186949494 321 NORTHERN BLVD ALBANY NY 122102653 STEPHANIE VALLE EXECUTIVE DIRECTOR 5186949494 2020-11-04 1 KATHARINE K DORAN CPA P00161109 5184566663 2020-10-29 66.109.51.147 2020-11-04 13:28:13 ES P C3BC3A1C2AB305EC8017C390C2227EEEA5E5FC9E 85DEB87A0263C57D1B51B3327599238980CF1034 2019 2021-01-29 14:40:06Z JOHN P REILLY 321 NORTHERN BLVD ALBANY NY 122102635 13370796 0 X WWW.KIPPTECHVALLEY.ORG X 2006 NY KIPP TECH VALLEY CHARTER SCHOOL IS A TUITION FREE COLLEGE PREPARATORY PUBLIC PRIMARY AND MIDDLE SCHOOL LOCATED IN ALBANY, NY. BY PROVIDING A SAFE, STRUCTURED AND SUPPORTIVE LEARNING ENVIRONMENT FOR EVERY CHILD, KIPP TECH VALLEY CHARTER SCHOOL WILL HELP EACH STUDENT ACQUIRE AND APPLY THE KNOWLEDGE, SKILLS, AND CHARACTER HABITS NECESSARY TO SUCCEED IN HIGH SCHOOL, COLLEGE AND BEYOND. 8 8 116 0 0 0 939938 2299958 9392235 11070000 1089 838 0 0 10333262 13370796 0 0 0 0 6324537 7588349 0 0 0 3324774 3280479 9649311 10868828 683951 2501968 17918938 20085676 18494611 19060838 -575673 1024838 THE SCHOOL'S PRIMARY PURPOSE IS TO PREPARE STUDENTS FOR FUTURE ACADEMIC OPPORTUNITIES. 0 0 4611162 13232559 THE REGULAR SCHOOL PROGRAM PROVIDES EDUCATIONAL PROGRAMS FOR KINDERGARTEN THROUGH GRADE 3 AND GRADES 5-8. THERE ARE APPROXIMATELY 716 STUDENTS SERVED. 316997 117769 THE SPECIAL EDUCATION PROGRAM PROVIDES CHILDREN WITH SPECIAL NEEDS WITH APPROPRIATELY BASED EDUCATIONAL ASSISTANCE. 2% OF STUDENTS RECEIVE SPECIAL EDUCATION SERVICES. 1502838 19630 OTHER PROGRAMS - FIELD TRIPS, TRANSPORTATION, AND NUTRITIONAL PROGRAMS SERVE STUDENTS IN KINDERGARTEN THROUGH GRADE 3 AND GRADES 5-8. 6430997 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 116 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 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 122102635 KELLY KIMBROUGH TRUSTEE 1.00 X 0 0 0 KATIE HOHMAN TRUSTEE 1.00 X 0 0 0 DON-LEE APPLYRS TRUSTEE 1.00 X 0 0 0 STEPHANIE VALLE EXECUTIVE DIRECTOR 40.00 X 162404 0 31100 KELLY WALBORN TRUSTEE 1.00 X 0 0 0 SHAI BUTLER VICE PRESIDENT 1.00 X 0 0 0 GUY ALONGE TREASURER 1.00 X 0 0 0 CARL YOUNG SECRETARY 1.00 X 0 0 0 JOHN P REILLY PRESIDENT 1.00 X 0 0 0 MAYA TUCCI PRIMARY SCHOOL PRINCIPAL 40.00 X 124808 0 14862 287212 0 45962 2 0 1 0 BBL CONSTRUCTION SERVICES 302 WASHINGTON AVE EXT ALBANY NY 12203 CONSTRUCTION 932416 MVP HEALTH CARE 625 STATE ST SCHENECTADY NY 12305 INSURANCE 739074 DURHAM SCHOOL SERVICES 830 S PEARL STREET ALBANY NY 12202 TRANSPORATION 492853 JAMES H MALOY INC 421 ALBANY SHAKER RD LOUDONVILLE NY 12211 CONSTRUCTION 223279 CITIZENS COMMERCIAL BANKING 1 CITIZENS PLAZA PROVIDENCE RI 02903 BANKING 191822 5 1958815 341143 15786 2299958 PROG. SERV. REVENUE-RELATED 900099 11066156 11066156 OTHER REVENUE 900099 3844 3844 11070000 838 838 13370796 11070000 0 838 459927 459927 5367347 3340828 2026519 269560 163535 106025 966663 586447 380216 524852 318414 206438 42160 42160 127829 127829 26632 26632 117189 117189 379864 230453 149411 773533 469282 304251 439715 266763 172952 84626 51340 33286 STUDENT SERVICES 476189 476189 FOOD PROGRAM 225692 225692 FEES & LICENSES 184246 184246 INSTRUCTIONAL 138800 138800 264004 163254 100750 10868828 6430997 4437831 0 800939 2603096 761004 667978 82853 43498 18982634 2212530 12396210 16770104 1000 1000 3876932 0 17918938 20085676 1082895 382999 19520 11338849 10927234 5599464 6356225 473403 1374860 18494611 19060838 X -575673 713614 311224 -575673 1024838 17918938 20085676 X 2501968 -901457 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2880892 2880892 15390834 1677448 13713386 710908 535082 175826 16770104 INTEREST RATE SWAP (LIABILITY) 1374860 1374860 X 13370796 0 13370796 0 13370796 10868828 0 10868828 0 10868828 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX. THE SCHOOL HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. TAX POSITIONS ARE EVALUATED AND RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. 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 WEBSITE. SCHEDULE E, PART I, LINE 4 THERE IS NO TUITION CHARGED FOR ENROLLMENT IN THE SCHOOL; THEREFORE, FINANACIAL ASSISTANCE & SCHOLARSHIPS ARE NOT APPLICABLE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GRANTS FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. X 0 0 0 0 0 0 0 0 0 STEPHANIE VALLE EXECUTIVE DIRECTOR 162404 0 0 0 0 0 21356 0 9744 0 193504 0 0 0 PART I, LINE 3 COMPENSATION IS APPROVED BY THE BOARD. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA 522038405 000000000 2016-09-15 12000000 PURCHASE OF AN EDUCATIONAL FACILITY & ADVANCED REFUNDING OF 2012 BOND ISSUE 0 0 0 A 12000000 7975000 403469 3621531 2016 0 1 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 1 CITIZENS BANK 18.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 4 THE SCHOOL MODIFIED ITS BYLAWS IN JULY 2019 TO ADD RELATED PARTY POLICIES, ADD NEW COMMITTEES, UPDATE THEIR PRINCIPAL OFFICE ADDRESS, AND UPDATE OF THEIR NOTICES TO TRUSTEES POLICY. FORM 990, PART VI, SECTION A, LINE 8B MINUTES TO COMMITTEE MEETINGS ARE NOT OFFICIALLY KEPT. 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 DETERMING 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: MARK TO MARKET (GAIN) LOSS ON INTER -901,457.