KIPP NEW YORK INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- KIPP NEW YORK INC (EIN 20-3971209)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-15
- IRS object ID
- 201911359349307251
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-15T12:56:05-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 W GERMANTOWN PIKE STE 400 | AddressLine1Txt |
| City | PLYMOUTH MEETING | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19462 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203971209 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP NEW YORK INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIPP | BusinessNameControlTxt |
| Phone | 2129912610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 7TH AVENUE 10TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARIZMA WILLIAMS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2129912610 | PhoneNum |
| Signature | 2019-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVE SEKERAK | PreparerPersonNm |
| PTIN | P01395497 | PTIN |
| Phone | 2156433900 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-14 | IPDt |
| IP Tm | 18:30:28 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0923F946C4CB480093980E5AA9C4B839AC66D68C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 13A88A5408B94E63F7C5E284B654CF717B7263EC | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALICIA JOHNSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 7TH AVENUE 10TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $17,795,553 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.KIPPNYC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 174 | TotalEmployeeCnt |
| Total Volunteers | 137 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $16,969 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,974,681 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,239,618 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,188,393 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,855,254 | CYProgramServiceRevenueAmt |
| PY Investment Income | $419,574 | PYInvestmentIncomeAmt |
| CY Investment Income | $426,598 | CYInvestmentIncomeAmt |
| PY Other Revenue | $79,869 | PYOtherRevenueAmt |
| CY Other Revenue | $982 | CYOtherRevenueAmt |
| PY Total Revenue | $15,662,517 | PYTotalRevenueAmt |
| CY Total Revenue | $17,522,452 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,017,244 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,056,332 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,808,215 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,397,562 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $589,032 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,600,714 | PYOtherExpensesAmt |
| CY Other Expenses | $3,898,330 | CYOtherExpensesAmt |
| PY Total Expenses | $16,426,173 | PYTotalExpensesAmt |
| CY Total Expenses | $18,352,224 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$763,656 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$829,772 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $41,965,124 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,757,911 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,421,029 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,971,048 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $40,544,095 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,786,863 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $16,038,007 | ExpenseAmt |
| Grant | $3,056,332 | GrantAmt |
| Revenue | $9,855,254 | RevenueAmt |
| Desc | TO PROVIDE SUPPORT TO KIPP NYC SCHOOLS. TO SOLICIT, RAISE, RECEIVE, HOLD, INVEST AND EXPEND FUNDS FOR THE ADVANCEMENT AND FURTHERANCE OF SUCH PURPOSES AND TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES IN THE FURTHERANCE OF THE FOREGOING PURPOSES. | Desc |
| Total Program Service Expenses | $16,038,007 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 174 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARIZMA WILLIAMS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2129912610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 7TH AVENUE 10TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| THOMAS J TISCH | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AMY GRIFFIN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DWIGHT SCOTT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| VALERIE LACASTER-BEAL | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JULISSA REYNOSO | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARVA SMALLS | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY COFFEY | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ADAOBI KANU | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ABIGAIL KLEM | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS LEHRMAN | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA BLAU | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW PAUL | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RANDY SIMPSON | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN ZEILER | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FRED SCOTT | |||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JACK CHOROWSKY | |||||||||
| SECRETARY | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DAVID J LEVIN | |||||||||
| VICE-CHAIR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| LARRY ROBBINS | |||||||||
| CHAIR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ALICIA JOHNSON | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | 0.00 | $224,938 | $0 | $17,273 | Yes (X) | |||
| CHARIZMA WILLIAMS | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | $222,244 | $0 | $17,591 | Yes (X) | |||
| KERRY MULLINS | |||||||||
| MD, HR & RECRUITING | 40.00 | 0.00 | $244,189 | $0 | $18,913 | Yes (X) | |||
| VICKI ZUBOVIC | |||||||||
| CHIEF EXTERNAL AFFAIRS OFFICER | 40.00 | 0.00 | $217,656 | $0 | $17,538 | Yes (X) | |||
| EDWARD LAUX | |||||||||
| MD, TECHNOLOGY | 40.00 | 0.00 | $207,579 | $0 | $26,203 | Yes (X) | |||
| ANOKHI SARAIYA | |||||||||
| CHIEF ACADEMIC OFFICER | 40.00 | 0.00 | $192,009 | $0 | $17,396 | Yes (X) | |||
| JANE DOWLING | |||||||||
| ED, KIPP THROUGH COLLEGE | 40.00 | 0.00 | $177,988 | $0 | $24,668 | Yes (X) | |||
| KATINA GRAYS | |||||||||
| MD, OPERATIONS & DATA | 40.00 | 0.00 | $161,349 | $0 | $21,215 | Yes (X) | |||
| RACHEL HALTOM-IRWIN | |||||||||
| CHIEF OF STAFF | 40.00 | 0.00 | $170,566 | $0 | $17,138 | Yes (X) | |||
| VICTOR ACOSTA | |||||||||
| MD, FACILITIES | 40.00 | 0.00 | $162,943 | $0 | $26,344 | Yes (X) | |||
| SARA ALVARADO | |||||||||
| CONTROLLER | 40.00 | 0.00 | $149,037 | $0 | $28,530 | Yes (X) | |||
| NAKIA JAMES-JENKINS | |||||||||
| MD OR PEOPLE | 40.00 | 0.00 | $141,395 | $0 | $32,715 | Yes (X) | |||
| NATALIE WEBB | |||||||||
| MD, SCHOOLS, LEADER DEV. | 12.00 | 28.00 | $31,685 | $162,830 | $17,625 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,303,578 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $162,830 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $283,149 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 30 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLSPRING CONSULTING | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 198 AMY ROAD 23 | AddressLine1Txt |
| City | WOODBRIDGE | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06525 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CONSULTING | ServicesDesc |
| Compensation | $217,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $2,421,752 | FundraisingAmt |
| Government Grants | $187,020 | GovernmentGrantsAmt |
| All Other Contributions | $4,630,846 | AllOtherContributionsAmt |
| Noncash Contributions | $98,705 | NoncashContributionsAmt |
| Total Contributions | $7,239,618 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SERVICES RENDERED | Desc |
| Business | 909999 | BusinessCd |
| Total Revenue Column | $9,855,254 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,855,254 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,855,254 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $420,960 | TotalRevenueColumnAmt |
| Exclusion | $420,960 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,639 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,001 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,638 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,638 | TotalRevenueColumnAmt |
| Exclusion | $5,638 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $111,450 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,421,752 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $272,100 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$160,650 | TotalRevenueColumnAmt |
| Exclusion | -$160,650 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $161,632 | TotalRevenueColumnAmt |
| Exclusion | $161,632 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $161,632 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,522,452 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,855,254 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $427,580 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,600,000 | TotalAmt |
| Program Services | $2,600,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $456,332 | TotalAmt |
| Program Services | $456,332 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,651,048 | TotalAmt |
| Program Services | $1,361,155 | ProgramServicesAmt |
| Management And General | $156,865 | ManagementAndGeneralAmt |
| Fundraising | $133,028 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,719,266 | TotalAmt |
| Program Services | $6,925,709 | ProgramServicesAmt |
| Management And General | $513,722 | ManagementAndGeneralAmt |
| Fundraising | $279,835 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,650 | TotalAmt |
| Program Services | $281,732 | ProgramServicesAmt |
| Management And General | $15,189 | ManagementAndGeneralAmt |
| Fundraising | $8,729 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,029,495 | TotalAmt |
| Program Services | $929,865 | ProgramServicesAmt |
| Management And General | $60,876 | ManagementAndGeneralAmt |
| Fundraising | $38,754 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $692,103 | TotalAmt |
| Program Services | $625,066 | ProgramServicesAmt |
| Management And General | $40,646 | ManagementAndGeneralAmt |
| Fundraising | $26,391 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $653,424 | TotalAmt |
| Management And General | $653,424 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,333 | TotalAmt |
| Management And General | $34,333 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $600,577 | TotalAmt |
| Program Services | $541,765 | ProgramServicesAmt |
| Management And General | $57,432 | ManagementAndGeneralAmt |
| Fundraising | $1,380 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,873 | TotalAmt |
| Program Services | $81,286 | ProgramServicesAmt |
| Management And General | $733 | ManagementAndGeneralAmt |
| Fundraising | $17,854 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,700 | TotalAmt |
| Program Services | $226,809 | ProgramServicesAmt |
| Management And General | $6,990 | ManagementAndGeneralAmt |
| Fundraising | $2,901 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,375 | TotalAmt |
| Program Services | $444,769 | ProgramServicesAmt |
| Management And General | $15,294 | ManagementAndGeneralAmt |
| Fundraising | $21,312 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $340,923 | TotalAmt |
| Program Services | $337,028 | ProgramServicesAmt |
| Management And General | $2,348 | ManagementAndGeneralAmt |
| Fundraising | $1,547 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,824 | TotalAmt |
| Program Services | $2,850 | ProgramServicesAmt |
| Management And General | $1,774 | ManagementAndGeneralAmt |
| Fundraising | $1,200 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,858 | TotalAmt |
| Program Services | $8,858 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,529 | TotalAmt |
| Program Services | $171,529 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,801 | TotalAmt |
| Management And General | $66,801 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROFESSIONAL DEVELOPMEN | $690,675 | $576,376 | $97,466 | $16,833 |
| ALUMNI PROGRAMMING | $147,817 | $147,817 | ||
| CANDIDATE RECRUITING | $118,221 | $118,151 | $70 | |
| EVENTS | $66,591 | $49,256 | $17,335 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,809 | TotalAmt |
| Program Services | $151,654 | ProgramServicesAmt |
| Management And General | $1,222 | ManagementAndGeneralAmt |
| Fundraising | $21,933 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,352,224 | TotalAmt |
| Program Services | $16,038,007 | ProgramServicesAmt |
| Management And General | $1,725,185 | ManagementAndGeneralAmt |
| Fundraising | $589,032 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,343,781 | BOYAmt |
| EOY | $20,243,440 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,862 | BOYAmt |
| EOY | $815,796 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,591,101 | BOYAmt |
| EOY | $1,567,402 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $483,458 | BOYAmt |
| EOY | $504,983 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,820,000 | BOYAmt |
| EOY | $17,820,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,828 | BOYAmt |
| EOY | $692,352 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,568,417 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,373,243 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $489,245 | BOYAmt |
| EOY | $195,174 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $398,846 | BOYAmt |
| EOY | $756,706 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,497,003 | BOYAmt |
| EOY | $162,058 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,965,124 | BOYAmt |
| EOY | $42,757,911 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $499,012 | BOYAmt |
| EOY | $1,818,614 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,000,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,580 | BOYAmt |
| EOY | $13,820 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $755,244 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,193 | BOYAmt |
| EOY | $138,614 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,421,029 | BOYAmt |
| EOY | $2,971,048 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,606,176 | BOYAmt |
| EOY | $38,260,807 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,937,919 | BOYAmt |
| EOY | $1,526,056 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,544,095 | BOYAmt |
| EOY | $39,786,863 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,965,124 | BOYAmt |
| EOY | $42,757,911 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$829,772 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $72,540 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 2 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (2 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| KIPP ACADEMY CHARTER SCHOOL | ||||
| 113550982 | 2 | 0 | $2,600,000 | $2,193,508 |
| KIPP NYC PUBLIC CHARTER SCHOOL | ||||
| 300717988 | 2 | 0 | $0 | $8,425,583 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 2 | SupportedOrganizationsTotalCnt |
| Support Sum | $2,600,000 | SupportSumAmt |
| Other Support Sum | $10,619,091 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | 0 | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | 0 | MajorityDirTrstSupportedOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, SECTION A, LINE 1: | THE ARTICLES OF INCORPORATION SPECIFICALLY DESIGNATE THAT THE ORGANIZATION SHALL OPERATE FOR THE BENEFIT OF THE KNOWLEDGE IS POWER PROGRAM (KIPP) SCHOOLS. IT SHALL PRIMARILY OPERATE FOR THE BENEFIT OF THE KIPP SCHOOLS LOCATED WITHIN THE FIVE BOUGHS OF NEW YORK CITY, NEW YORK, THAT ARE QUALIFIED, OR HAVE APPLIED FOR QUALIFICATION, AS AN IRC SECTION 501(C)(3) ORGANIZATION, BUT MAY FROM TIME TO TIME BENEFIT KIPP SCHOOLS MEETING ALL STATED CRITERIA BUT ARE LOCATED IN A DIFFERENT GEOGRAPHIC LOCATION. KIPP SCHOOLS CURRENTLY IN EXISTENCE THAT FALL INTO THIS CLASS ARE LISTED ON SCHEDULE A, PART I, LINE 12G, CURRENTLY ALL SUPPORTED SCHOOLS ARE LOCATED WITH THE FIVE BOUGHS OF NEW YORK CITY. |
| PART IV, SECTION C, LINE 1: | THE ORGANIZATION AND BOTH OF ITS SUPPORTED ORGANIZATIONS ARE ALL MANAGED BY THE SAME COO AND CFO, WHO REPORT ON THE ACTIVITY OF EACH ENTITY TO THE GOVERNING BOARDS OF ALL ENTITIES. THIS REGULAR COMMUNICATION THROUGH SHARED MANAGEMENT ALLOWS FOR THE SUPPORTED ORGANIZATIONS TO ENSURE THE SUPPORTING ORGANIZATION REMAINS RESPONSIVE TO THEIR NEEDS AND DEMANDS. |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $347,079 | OtherCostOrOtherBasisAmt |
| Depreciation | $222,673 | DepreciationAmt |
| Book Value | $124,406 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,134,113 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,097,507 | DepreciationAmt |
| Book Value | $36,606 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $87,225 | OtherCostOrOtherBasisAmt |
| Depreciation | $53,063 | DepreciationAmt |
| Book Value | $34,162 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $195,174 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT LIABILITY | Desc |
| Amt | $138,614 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $138,614 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $17,867,092 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $72,540 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $272,100 | OtherRevenueAmt |
| Revenue Not Reported | $344,640 | RevenueNotReportedAmt |
| Revenue Subtotal | $17,522,452 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $17,522,452 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,624,324 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $272,100 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $272,100 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,352,224 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $18,352,224 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND APPLICABLE INCOME TAX REGULATIONS OF THE STATE OF NEW YORK. NO PROVISION FOR INCOME TAXES HAS BEEN ESTABLISHED. BECAUSE THE ORGANIZATION IS THE SOLE MEMBER OF THE LLC, KTC, AND KNYF, THE LLC, KTC AND KNYF WILL BE TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES AND THEREFORE THEIR ACTIVITIES ARE COMBINED WITH THE ORGANIZATION AND REPORTED AS ONE. THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S CONSOLIDATED FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | DIRECT SPECIAL EVENT EXPENSES 272,100. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DIRECT SPECIAL EVENT EXPENSES 272,100. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CASINO NIGHT | Event1Nm |
| Gross Receipts Event1 | $2,428,877 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $2,337,777 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $91,100 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $49,560 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $122,000 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $63,000 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $16,384 | OtherDirectExpensesEvent1Amt |
| Event2 | SIP FOR KIPP | Event2Nm |
| Gross Receipts Event2 | $101,410 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $82,530 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $18,880 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $4,350 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $15,207 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $1,599 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $2,530,287 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,420,307 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $109,980 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $53,910 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $137,207 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $63,000 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $17,983 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $272,100 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$162,120 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP ACADEMY CHARTER SCHOOL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 EAST 156TH STREET | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10451 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 113550982 | RecipientEIN |
| IRC Section | 501 (C) (3) | IRCSectionDesc |
| Cash Grant | $2,600,000 | CashGrantAmt |
| Purpose Of Grant | OPERATIONS GRANTS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS | 6 | $9,368 |
| STIPENDS | 836 | $364,290 |
| SUPPORT | 12 | $3,816 |
| TUITION | 37 | $78,858 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALICIA JOHNSON | ||||||||||||||
| CHIEF OPERATING OFFICER | $214,534 | $0 | $10,404 | $0 | $0 | $0 | $8,654 | $0 | $8,619 | $0 | $242,211 | $0 | $0 | $0 |
| CHARIZMA WILLIAMS | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $213,921 | $0 | $8,323 | $0 | $0 | $0 | $9,000 | $0 | $8,591 | $0 | $239,835 | $0 | $0 | $0 |
| KERRY MULLINS | ||||||||||||||
| MD, HR & RECRUITING | $244,189 | $0 | $0 | $0 | $0 | $0 | $4,410 | $0 | $14,503 | $0 | $263,102 | $0 | $0 | $0 |
| VICKI ZUBOVIC | ||||||||||||||
| CHIEF EXTERNAL AFFAIRS OFFICER | $207,656 | $0 | $10,000 | $0 | $0 | $0 | $9,000 | $0 | $8,538 | $0 | $235,194 | $0 | $0 | $0 |
| EDWARD LAUX | ||||||||||||||
| MD, TECHNOLOGY | $197,579 | $0 | $10,000 | $0 | $0 | $0 | $0 | $0 | $26,203 | $0 | $233,782 | $0 | $0 | $0 |
| ANOKHI SARAIYA | ||||||||||||||
| CHIEF ACADEMIC OFFICER | $184,689 | $0 | $6,720 | $0 | $600 | $0 | $9,000 | $0 | $8,396 | $0 | $209,405 | $0 | $0 | $0 |
| JANE DOWLING | ||||||||||||||
| ED, KIPP THROUGH COLLEGE | $172,388 | $0 | $5,000 | $0 | $600 | $0 | $9,066 | $0 | $15,602 | $0 | $202,656 | $0 | $0 | $0 |
| KATINA GRAYS | ||||||||||||||
| MD, OPERATIONS & DATA | $156,349 | $0 | $5,000 | $0 | $0 | $0 | $6,000 | $0 | $15,215 | $0 | $182,564 | $0 | $0 | $0 |
| RACHEL HALTOM-IRWIN | ||||||||||||||
| CHIEF OF STAFF | $162,416 | $0 | $8,150 | $0 | $0 | $0 | $9,000 | $0 | $8,138 | $0 | $187,704 | $0 | $0 | $0 |
| VICTOR ACOSTA | ||||||||||||||
| MD, FACILITIES | $158,943 | $0 | $4,000 | $0 | $0 | $0 | $9,199 | $0 | $17,145 | $0 | $189,287 | $0 | $0 | $0 |
| SARA ALVARADO | ||||||||||||||
| CONTROLLER | $149,037 | $0 | $0 | $0 | $0 | $0 | $8,994 | $0 | $19,536 | $0 | $177,567 | $0 | $0 | $0 |
| NAKIA JAMES-JENKINS | ||||||||||||||
| MD OR PEOPLE | $136,795 | $0 | $4,000 | $0 | $600 | $0 | $7,603 | $0 | $25,112 | $0 | $174,110 | $0 | $0 | $0 |
| NATALIE WEBB | ||||||||||||||
| MD, SCHOOLS, LEADER DEV. | $28,466 | $155,317 | $3,127 | $7,297 | $92 | $216 | $1,314 | $7,446 | $1,330 | $7,535 | $34,329 | $177,811 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $71,291 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | MERCHANDISE | 15 | $9,574 | FMV |
| Yes (X) | SPORTS EVENTS TICKET | 3 | $5,794 | FMV |
| Yes (X) | ENTERTAINMENT EXPERIENCES | 7 | $5,163 | FMV |
| Yes (X) | CLASS PASSES | 17 | $4,513 | FMV |
| Yes (X) | GIFT & DISCOUNT CARDS | 14 | $2,370 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN THE GIVEN CATEGORY. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD MAY DESIGNATE A COMMITTEE THAT HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. THE COMPOSITION OF THE COMMITTEE IS DETERMINED BY THE BOARD. NO COMMITTEE SHALL HAVE ANY POWER OR AUTHORITY TO: (A) ADOPT, AMEND OR REPEAL ANY BYLAW OF THE CORPORATION; (B) FILL VACANCIES IN THE BOARD OR IN ANY COMMITTEE; (C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS MAY NOT BE SO AMENDED OR REPEALED; (D) FIX COMPENSATION OF ANY DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; AND (E) DELEGATE ANY OF THE POWER OR AUTHORITY OF SUCH COMMITTEE TO A SUBCOMMITTEE UNLESS SO AUTHORIZED BY THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 2 | JACK CHOROWSKY AND DAVID LEVIN HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | KIPP NEW YORK, INC. HAS ADOPTED A CONFLICT OF INTEREST POLICY FOR THE GUIDANCE OF ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE CORPORATION. DISCLOSURE OF MATERIAL FACTS SURROUNDING A CONFLICT OF INTEREST SHALL BE MADE TO THE CHAIRPERSON OF THE BOARD. A KEY EMPLOYEE WHO WISHES TO USE STAFF ASSISTANCE, SERVICES OR FACILITIES FOR PURPOSES OTHER THAN CARRYING OUT PROFESSIONAL RESPONSIBILITIES MUST DISCLOSE THE CONFLICT TO THE CHIEF OPERATING OFFICER OF KIPP NEW YORK, INC., WHO WILL EXERCISE DISCRETION IN ALLOWING OR DISALLOWING THE PROPOSED USE IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. THE CHAIRMAN OF THE BOARD REVIEWS ALL WRITTEN DISCLOSURES OF CONFLICTS OF INTEREST, HOWEVER RELATED PARTY TRANSACTIONS MUST GO THROUGH A FORMAL REVIEW BY A QUORUM OF THE BOARD CONSISTING OF INDEPENDENT DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION'S DETERMINATION OF COMPENSATION FOR THE SUPERINTENDENT, OTHER OFFICER AND KEY EMPLOYEE POSITIONS ARE BASED ON COMPENSATION SURVEYS, RELATED MARKET RESEARCH, EVALUATION OF PERFORMANCE AND EXPERIENCE. COMPENSATION FOR THE AFOREMENTIONED POSITIONS ARE DETERMINED ANNUALLY AND APPROVED BY THE BOARD OF THE RESPECTIVE ORGANIZATIONS. THIS PROCESS AND THE FINAL DETERMINATIONS WERE TIMELY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART XII, LINE 2C: | THERE HAVE BEEN NO CHANGES TO THE AUDITOR SELECTION OR AUDIT OVERSIGHT PROCESS FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| KIPP NYC LLC | |||||||||
| 470 7TH AVENUE 10TH FLOOR | NEW YORK | NY | 10018 | 264180710 | PROVIDE SUPPORT SERVICES TO KIPP NYC SCHOOLS AND PROGRAMS | NY | $10,552,154 | $5,865,848 | KIPP NEW YORK INC |
| KTC NYC LLC | |||||||||
| 470 7TH AVENUE 10TH FLOOR | NEW YORK | NY | 10018 | 203971209 | PROVIDE ACADEMIC AND FINANCIAL SUPPORT TO KIPP NYC ALUMNI | NY | $572,012 | $1,974,529 | KIPP NEW YORK INC |
| KIPP NYC FACILITY LLC | |||||||||
| 470 7TH AVENUE 10TH FLOOR | NEW YORK | NY | 10018 | 452541726 | DEVELOP, MANAGE AND LEASE PUBLIC SCHOOL FACILITIES | NY | $0 | $0 | KIPP NEW YORK INC |
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