2019-05-15T12:56:05-05:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2017-07-01 203971209 KIPP NEW YORK INC KIPP 2129912610 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 CHARIZMA WILLIAMS CFO 2129912610 2019-05-14 1 DAVE SEKERAK P01395497 2156433900 67.137.57.251 2019-05-14 18:30:28 ED P 0923F946C4CB480093980E5AA9C4B839AC66D68C 13A88A5408B94E63F7C5E284B654CF717B7263EC 2017 2020-01-14 16:20:31Z ALICIA JOHNSON 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 17795553 0 X WWW.KIPPNYC.ORG X 2005 DE TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS 18 18 174 137 0 16969 5974681 7239618 9188393 9855254 419574 426598 79869 982 15662517 17522452 2017244 3056332 0 0 10808215 11397562 0 0 589032 3600714 3898330 16426173 18352224 -763656 -829772 41965124 42757911 1421029 2971048 40544095 39786863 TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS 0 0 16038007 3056332 9855254 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. 16038007 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 30 0 174 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X CHARIZMA WILLIAMS 2129912610 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 THOMAS J TISCH TRUSTEE 2.00 0.00 X 0 0 0 AMY GRIFFIN TRUSTEE 2.00 0.00 X 0 0 0 DWIGHT SCOTT TRUSTEE 2.00 0.00 X 0 0 0 VALERIE LACASTER-BEAL TRUSTEE 2.00 0.00 X 0 0 0 JULISSA REYNOSO TRUSTEE 2.00 0.00 X 0 0 0 MARVA SMALLS TRUSTEE 2.00 0.00 X 0 0 0 KELLY COFFEY TRUSTEE 2.00 0.00 X 0 0 0 ADAOBI KANU TRUSTEE 2.00 0.00 X 0 0 0 ABIGAIL KLEM TRUSTEE 2.00 0.00 X 0 0 0 THOMAS LEHRMAN TRUSTEE 2.00 0.00 X 0 0 0 LISA BLAU TRUSTEE 2.00 0.00 X 0 0 0 ANDREW PAUL TRUSTEE 2.00 0.00 X 0 0 0 RANDY SIMPSON TRUSTEE 2.00 0.00 X 0 0 0 JOHN ZEILER TRUSTEE 2.00 0.00 X 0 0 0 FRED SCOTT TRUSTEE 2.00 0.00 X 0 0 0 JACK CHOROWSKY SECRETARY 2.00 0.00 X X 0 0 0 DAVID J LEVIN VICE-CHAIR 2.00 0.00 X X 0 0 0 LARRY ROBBINS CHAIR 2.00 0.00 X X 0 0 0 ALICIA JOHNSON CHIEF OPERATING OFFICER 40.00 0.00 X 224938 0 17273 CHARIZMA WILLIAMS CHIEF FINANCIAL OFFICER 40.00 0.00 X 222244 0 17591 KERRY MULLINS MD, HR & RECRUITING 40.00 0.00 X 244189 0 18913 VICKI ZUBOVIC CHIEF EXTERNAL AFFAIRS OFFICER 40.00 0.00 X 217656 0 17538 EDWARD LAUX MD, TECHNOLOGY 40.00 0.00 X 207579 0 26203 ANOKHI SARAIYA CHIEF ACADEMIC OFFICER 40.00 0.00 X 192009 0 17396 JANE DOWLING ED, KIPP THROUGH COLLEGE 40.00 0.00 X 177988 0 24668 KATINA GRAYS MD, OPERATIONS & DATA 40.00 0.00 X 161349 0 21215 RACHEL HALTOM-IRWIN CHIEF OF STAFF 40.00 0.00 X 170566 0 17138 VICTOR ACOSTA MD, FACILITIES 40.00 0.00 X 162943 0 26344 SARA ALVARADO CONTROLLER 40.00 0.00 X 149037 0 28530 NAKIA JAMES-JENKINS MD OR PEOPLE 40.00 0.00 X 141395 0 32715 NATALIE WEBB MD, SCHOOLS, LEADER DEV. 12.00 28.00 X 31685 162830 17625 2303578 162830 283149 30 0 1 0 WELLSPRING CONSULTING 198 AMY ROAD 23 WOODBRIDGE CT 06525 CONSULTING 217000 1 2421752 187020 4630846 98705 7239618 SERVICES RENDERED 909999 9855254 9855254 9855254 420960 420960 6639 1001 5638 5638 5638 111450 2421752 272100 -160650 -160650 MISC REVENUE 900099 161632 161632 161632 17522452 9855254 0 427580 2600000 2600000 456332 456332 1651048 1361155 156865 133028 7719266 6925709 513722 279835 305650 281732 15189 8729 1029495 929865 60876 38754 692103 625066 40646 26391 653424 653424 34333 34333 600577 541765 57432 1380 99873 81286 733 17854 236700 226809 6990 2901 481375 444769 15294 21312 340923 337028 2348 1547 5824 2850 1774 1200 8858 8858 171529 171529 66801 66801 PROFESSIONAL DEVELOPMEN 690675 576376 97466 16833 ALUMNI PROGRAMMING 147817 147817 CANDIDATE RECRUITING 118221 118151 70 EVENTS 66591 49256 17335 174809 151654 1222 21933 18352224 16038007 1725185 589032 20343781 20243440 24862 815796 2591101 1567402 483458 504983 15820000 17820000 316828 692352 1568417 1373243 489245 195174 398846 756706 1497003 162058 41965124 42757911 499012 1818614 1000000 5580 13820 755244 0 161193 138614 1421029 2971048 X 37606176 38260807 2937919 1526056 40544095 39786863 41965124 42757911 -829772 72540 0 X X 0 1 X 1 0 X X X 2 KIPP ACADEMY CHARTER SCHOOL 113550982 2 0 2600000 2193508 KIPP NYC PUBLIC CHARTER SCHOOL 300717988 2 0 0 8425583 2 2600000 10619091 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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. 347079 222673 124406 1134113 1097507 36606 87225 53063 34162 195174 DEFERRED RENT LIABILITY 138614 138614 X 17867092 72540 272100 344640 17522452 0 17522452 18624324 272100 272100 18352224 0 18352224 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. CASINO NIGHT 2428877 2337777 91100 49560 122000 63000 16384 SIP FOR KIPP 101410 82530 18880 4350 15207 1599 2530287 2420307 109980 53910 137207 63000 17983 272100 -162120 1 KIPP ACADEMY CHARTER SCHOOL 230 EAST 156TH STREET BRONX NY 10451 113550982 501 (C) (3) 2600000 OPERATIONS GRANTS 1 0 SCHOLARSHIPS 6 9368 STIPENDS 836 364290 SUPPORT 12 3816 TUITION 37 78858 X X X X 0 0 0 0 0 0 0 0 0 ALICIA JOHNSON CHIEF OPERATING OFFICER 214534 0 10404 0 0 0 8654 0 8619 0 242211 0 0 0 CHARIZMA WILLIAMS CHIEF FINANCIAL OFFICER 213921 0 8323 0 0 0 9000 0 8591 0 239835 0 0 0 KERRY MULLINS MD, HR & RECRUITING 244189 0 0 0 0 0 4410 0 14503 0 263102 0 0 0 VICKI ZUBOVIC CHIEF EXTERNAL AFFAIRS OFFICER 207656 0 10000 0 0 0 9000 0 8538 0 235194 0 0 0 EDWARD LAUX MD, TECHNOLOGY 197579 0 10000 0 0 0 0 0 26203 0 233782 0 0 0 ANOKHI SARAIYA CHIEF ACADEMIC OFFICER 184689 0 6720 0 600 0 9000 0 8396 0 209405 0 0 0 JANE DOWLING ED, KIPP THROUGH COLLEGE 172388 0 5000 0 600 0 9066 0 15602 0 202656 0 0 0 KATINA GRAYS MD, OPERATIONS & DATA 156349 0 5000 0 0 0 6000 0 15215 0 182564 0 0 0 RACHEL HALTOM-IRWIN CHIEF OF STAFF 162416 0 8150 0 0 0 9000 0 8138 0 187704 0 0 0 VICTOR ACOSTA MD, FACILITIES 158943 0 4000 0 0 0 9199 0 17145 0 189287 0 0 0 SARA ALVARADO CONTROLLER 149037 0 0 0 0 0 8994 0 19536 0 177567 0 0 0 NAKIA JAMES-JENKINS MD OR PEOPLE 136795 0 4000 0 600 0 7603 0 25112 0 174110 0 0 0 NATALIE WEBB MD, SCHOOLS, LEADER DEV. 28466 155317 3127 7297 92 216 1314 7446 1330 7535 34329 177811 0 0 X 7 71291 FMV X MERCHANDISE 15 9574 FMV X SPORTS EVENTS TICKET 3 5794 FMV X ENTERTAINMENT EXPERIENCES 7 5163 FMV X CLASS PASSES 17 4513 FMV X GIFT & DISCOUNT CARDS 14 2370 FMV 0 0 0 0 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF DONORS IN THE GIVEN CATEGORY. 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. KIPP NYC LLC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 264180710 PROVIDE SUPPORT SERVICES TO KIPP NYC SCHOOLS AND PROGRAMS NY 10552154 5865848 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 572012 1974529 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