2019-05-14T09:26:50-05:00 2018-06-30 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2017-07-01 800037534 KIPP Colorado Schools % GEOFF BROVICH KIPP 7203753237 1390 Lawrence Street Suite 200 Denver CO 80204 KIMBERLEE SIA executive director 7203753237 2019-05-15 true Adam R Smith CPA P00958966 7194714290 167.68.126.162 84022720191345000002 2019-05-14 P 32B3D1662D66331C192DA061A832333DD6F28158 B297EB62ACBDF2C63341018967E8037D5137B826 2017 2019-02-21 02:37:17Z Kimberlee Sia 1390 Lawrence Street Ste 200 Denver CO 80204 24895952 false X wwww.kippcolorado.org X 2002 CO KIPP IS A NETWORK OF HIGH-PERFORMANCE, COLLEGE-PREPARATORY PUBLIC CHARTER SCHOOLS FREE OF TUITION FOR ALL STUDENTS. KIPP'S CORE BELIEF IS THAT ANY STUDENT CAN ACHIEVE. 12 12 387 11 0 14746 4517538 4306678 17592552 20555522 1514 33752 0 0 22111604 24895952 320109 494222 0 0 15902334 19769250 0 91526 268164 6949657 8129537 23172100 28484535 -1060496 -3588583 7491118 6403648 16283929 16819972 -8792811 -10416324 KIPP COLORADO'S MISSION IS TO EQUIP OUR STUDENTS WITH THE ACADEMIC SKILLS AND CHARACTER STRENGTHS NECESSARY TO SUCCEED IN COLLEGE AND THE COMPETITIVE WORLD BEYOND. false false 23020596 494222 20555522 TWO TRADITIONAL HIGH SCHOOLS (KIPP DENVER COLLEGIATE - BENEFITING APPROXIMATELY 460 STUDENTS AND KIPP NORTHEAST DENVER LEADERSHIP ACADEMY BENEFITING APPROXIMATELY 500 STUDENTS), TWO TRADITIONAL MIDDLE SCHOOLS (KIPP SUNSHINE PEAK ACADEMY BENEFITING APPROXIMATELY 420 STUDENTS, AND KIPP NORTHEAST DENVER MIDDLE SCHOOL BENEFITING APPROXIMATELY 450 STUDENTS), AND TWO TRADITIONAL ELEMENTARY SCHOOLS (KIPP NORTHEAST ELEMENTARY BENEFITING APPROXIMATELY 480 STUDENTS AND KIPP SUNSHINE PEAK ELEMENTARY BENEFITING APPROXIMATELY 80 STUDENTS) OFFERING SCHOOL SUBJECTS IN ENGLISH, MATH, SCIENCE AND HISTORY. 23020596 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 true false false false false false false false true 9 0 387 true false false false false false true true false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false CO X GEOFF BROVICH 5184870813 1390 LAWRENCE ST STE 200 Denver CO 80204 ALICIA ECONOMOS BOARD CHAIR 2.0 0.0 X X 0 0 0 KENNETH JOEL TREASURER 2.0 0.0 X X 0 0 0 POLLY BREIT DIRECTOR 2.0 0.0 X 0 0 0 DAN FRIESEN BOARD CHAIR 2.0 0.0 X X 0 0 0 KELLIE O'KEEFE DIRECTOR 2.0 0.0 X 0 0 0 LISA ROY DIRECTOR 2.0 0.0 X 0 0 0 DREW TYRIE DIRECTOR 2.0 0.0 X 0 0 0 BETH BEHNKE SECRETARY 2.0 0.0 X 0 0 0 JACKIE HAWKEY TREASURER 2.0 0.0 X X 0 0 0 TERRANCE CARROLL DIRECTOR 2.0 0.0 X 0 0 0 TODD EZRINE DIRECTOR 2.0 0.0 X 0 0 0 MARIA DE CAMBRA DIRECTOR 2.0 0.0 X 0 0 0 YVETTE WIKSTROM DIRECTOR 2.0 0.0 X 0 0 0 VERONICA FIGOLI DIRECTOR 2.0 0.0 X 0 0 0 KIMBERLEE SIA EXECUTIVE DIRECTOR 50.0 0.0 X 152500 0 37491 JEREMY O'GRADY CHIEF OPERATIONS OFFICER 50.0 0.0 X 116000 0 18019 ANJALI FEATHERSTONE CHIEF OPERATIONS OFFICER 50.0 0.0 X 0 0 0 Kurt Pusch CHIEF SCHOOLS OFFICER 50.0 0.0 X 116000 0 30945 EMILY YATES MANAGING DIRECTOR OF T & L 50.0 0.0 X 101500 0 19942 ROMEO HEREAU DIRECTOR OF GROWTH & STRATEGY 50.0 0.0 X 110000 0 13451 596000 0 119848 9 false true false 0 2482007 1824671 28701 4306678 PER PUPIL REVENUE 611710 16032203 16032203 DISTRICT MILL LEVY 611710 3967461 3967461 STUDENT FEES 611710 223077 223077 FOOD SERVICE 611710 11561 11561 E-RATE & SPECIAL EDUCATION 611710 321220 321220 20555522 33752 33752 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24895952 20555522 33752 0 494222 494222 0 0 304017 304017 0 12915677 10556457 2312206 47014 5204651 4169838 1017006 17807 1153683 944091 209524 68 191222 154082 37140 0 1815 1815 32000 32000 0 91526 91526 0 756471 392018 293002 71451 60016 34054 24803 1159 914851 836603 72611 5637 4373 2425 1948 0 1491841 1452315 39526 427411 159765 262910 4736 0 0 0 0 273410 273410 165160 30769 134391 DISTRICT SERVICES 1580745 1580745 BOOKS AND SUPPLIES 845668 842585 3083 FIELD TRIPS AND TRANSPORTATION 564777 562497 2280 STUDENT FOOD SERVICE 287939 283175 4764 723060 251545 442749 28766 28484535 23020596 5195775 268164 4232283 2232176 1691389 3396286 820294 628810 158882 0 0 0 0 0 0 0 0 0 210012 41528 1089904 985056 378258 104848 0 0 0 0 0 0 0 0 0 0 7491118 6403648 843071 478685 0 0 144327 0 0 0 0 0 0 0 0 0 0 0 15296531 16341287 16283929 16819972 X -9171069 -10521172 378258 104848 0 0 -8792811 -10416324 7491118 6403648 X -3588583 1965070 X false true X true false X 884518 819767 64751 205386 165289 40097 104848 0 NET PENSION LIABILITY 15464601 NET OPEB LIABILITY 876686 16341287 24895952 24895952 24895952 25201299 25201299 3283236 3283236 28484535 SCHEDULE D, PART XII, LINE 4B EXPENSE ON RETURN, NOT ON BOOKS: DEPRECIATION EXPENSE TREATED AS CAPITAL OUTLAY ON GOVERNMENTAL FUNDS REPORT 273,410 PENSION EXPENSE NOT REPORTED AS EXPENDITURE ON GOVERNMENTAL FUNDS REPORT 3,009,826 TOTAL 3,283,236 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. Schedule E, Part I, Line 6A KIPP COLORADO SCHOOLS ARE PUBLICLY FUNDED UNDER DENVER PUBLIC SCHOOLS. true Scholarships 39 494222 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 BENEFITTING 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 KIMBERLEE SIA EXECUTIVE DIRECTOR 151500 1000 21383 16108 189991 X Sporting Goods 1 28701 Fair Market Value false false false SCHEDULE M, PART I, COLUMN (B) THE NUMBER OF CONTRIBUTIONS REPORTED ON SCHEDULE M ARE THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF INDIVIDUAL ITEMS CONTRIBUTED. Form 990, Part VI, Section B, line 11b PROCESS TO REVIEW THE FORM 990: THE TAX PREPARER PROVIDES THE DIRECTOR OF FINANCE WITH A COMPLETED 990 DRAFT FOR REVIEW. ONCE REVIEWED AND APPROVED BY THE DIRECTOR OF FINANCE, THE 990 DRAFT IS EMAILED TO THE ENTIRE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR PRIOR TO FILING. THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR PROVIDE QUESTIONS AND/OR FEEDBACK TO THE DIRECTOR OF FINANCE, WHO SUBMITS ANY REQUESTED CHANGES TO THE TAX PREPARER. UPON APPROVAL BY THE EXECUTIVE DIRECTOR AND 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 5,820,115 CAPITAL ASSETS USED IN GOVERNMENTAL ACTIVITIES ARE NOT 104,848 FINANCIAL RESOURCES AND THEREFORE ARE NOT REPORTED IN THE GOVERNMENTAL FUND. THE NET PENSION LIABILITY IS NOT DUE AND PAYABLE IN THE (15,464,601) CURRENT PERIOD AND, THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND THE NET OPEB LIABILITY IS NOT DUE AND PAYABLE IN THE CURRENT (876,686) PERIOD AND THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND TOTAL NET ASSETS REPORTED ON FORM 990 (10,416,324) 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 1,965,070