2019-02-28T19:37:58-06:00 2018-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2017-07-01 943362724 KIPP FOUNDATION KIPP 4153991556 135 MAIN STREET NO 1700 SAN FRANCISCO CA 94105 GARFIELD BYRD CFO 4158747383 2019-02-25 1 MAGA E KISRIEV P01008919 4157810793 12.201.129.210 2019-02-25 17:34:24 PS P 829CFAD61BE1472F5C9783C6C5344F7F92BC6B75 CD71869BFC494223FABD92E93AB0669CE7B22062 2017 2019-02-21 02:37:17Z RICHARD BARTH 135 MAIN STREET NO 1700 SAN FRANCISCO CA 94105 105522333 0 X WWW.KIPP.ORG X 2000 CA TO CREATE PUBLIC SCHOOLS THAT EQUIP EDUCATIONALLY UNDERSERVED STUDENTS WITH SKILLS TO SUCCEED. 14 12 217 14 0 0 53311627 62815001 6412845 6731619 91801 321983 8684 38674 59824957 69907277 18533125 20762238 0 0 25008292 27989961 0 0 1941508 21573290 25075154 65114707 73827353 -5289750 -3920076 73943185 70465363 19454643 20286742 54488542 50178621 X TO CREATE A RESPECTED, INFLUENTIAL, AND NATIONAL NETWORK OF PUBLIC SCHOOLS THAT ARE SUCCESSFUL IN HELPING STUDENTS FROM EDUCATIONALLY UNDERSERVED COMMUNITIES DEVELOP THE KNOWLEDGE, SKILLS, CHARACTER, AND HABITS NEEDED TO SUCCEED IN COLLEGE AND THE COMPETITIVE WORLD BEYOND. 0 0 32363384 20762238 4986007 NETWORK GROWTH & SUSTAINABILITY:THE FOUNDATION PROVIDES ON-GOING ASSISTANCE TO GROW KIPP SCHOOLS & REGIONS IN THE AREAS OF PROFESSIONAL DEVELOPMENT, CURRICULUM, INSTRUCTIONAL SUPPORT, SCHOOL OPERATIONS, SUSTAINABLE GROWTH, FUNDRAISING, AND MARKETING. 12676488 0 1745612 LEADERSHIP DEVELOPMENT:THE FOUNDATION TRAINS BOTH NEW AND SITTING TEACHERS TO BE LEADERS, ASSISTANT PRINCIPALS, PRINCIPALS, AND REGIONAL LEADERS THROUGH ITS KIPP SCHOOL LEADERSHIP PROGRAM (KSLP) AND NETWORK LEADER DEVELOPMENT (NLD) PROGRAMMING. KSLP HAS SIX COURSES, INCLUDING: THE FISHER FELLOWSHIP, SUCCESSOR PREPARATION, LEADERSHIP TEAM, TEACHER LEADER, REGIONAL LEADER DEVELOPMENT, AND THE MILES FAMILY FELLOWSHIP. NLD HAS TWO COURSES, INCLUDING THE SCHOOL LEADER DEVELOPMENT AND REGIONAL ACADEMIC LEADER COURSES.THE FISHER FELLOWSHIP IS A YEAR-LONG TRAINING FOCUSED ON OPENING AND LEADING A NEW KIPP SCHOOL. SUCCESSOR PREPARATION IS A YEAR-LONG LONG TRAINING FOCUSED ON TAKING LEADERSHIP OF AN EXISTING KIPP SCHOOL. THE LEADERSHIP TEAM, TEACHER LEADER, AND MILES FAMILY FELLOWSHIP PROGRAMS ARE YEAR-LONG TRAININGS, FOCUSING ON DEVELOPING STAFF TO TAKE OVER LEADERSHIP ROLES (ASSISTANT PRINCIPAL, DEAN, GRADE LEVEL OR DEPARTMENT CHAIR) WITHIN THEIR CURRENT KIPP SCHOOL. THE REGIONAL LEADER DEVELOPMENT COURSE IS A YEAR-LONG TRAINING, FOCUSED ON DEVELOPING NEW REGIONAL LEADERS (SENIOR-LEVEL EMPLOYEES AT EACH REGION). THE SCHOOL LEADER DEVELOPMENT AND REGIONAL ACADEMIC LEADER COURSES ARE LEARNING COLLABORATIVES THAT FOCUS ON DEVELOPING REGIONAL ACADEMIC TEAMS TO IMPROVE STUDENT ACADEMIC RESULTS. 8304620 0 0 RESEARCH, DESIGN & INNOVATION: THROUGH ITS RESEARCH, DESIGN AND INNOVATION WORK, THE FOUNDATION FOCUSES ON SUPPORTING CONTINUOUS LEARNING AND IMPROVEMENT AMONG KIPP SCHOOLS AND REGIONS BY CREATING ONGOING VISIBILITY INTO NETWORK-WIDE, REGIONAL, AND SCHOOL HEALTH AND PERFORMANCE TRENDS; GENERATING ACTIONABLE INSIGHTS; AND ENSURING HIGH QUALITY DATA AND RESEARCH SUPPORT NETWORK LEADERS IN MAKING DATA-DRIVEN DECISIONS; PROMOTING THE CODIFYING AND DISSEMINATION OF PROMISING PRACTICES AND IDEAS AS WELL AS TOOLS AND RESOURCES WHICH SUPPORT THE IMPLEMENTATION OF THESE PRACTICES AND IDEAS; HOSTING AN ANNUAL GATHERING OF KIPP'S TEACHERS, LEADERS, AND STAFF FOCUSED ON LEARNING, PROFESSIONAL DEVELOPMENT, AND SHARING; PROVIDING THE TECHNOLOGY INFRASTRUCTURE AND APPLICATION DEVELOPMENT SUPPORT FOR KIPP FOUNDATION TEAMS. 7722459 0 0 TEACHING & LEARNING LABS: THE FOUNDATION FOCUSES ON EQUIPPING TEACHERS, SCHOOLS AND REGIONS WITH TRAINING AND RESOURCES TO MAXIMIZE THEIR INSTRUCTIONAL EFFECTIVENESS AND OUTCOMES.KIPP THROUGH COLLEGE: THE FOUNDATION HAS CREATED A SET OF NATIONAL INITIATIVES AND PROGRAMS DESIGNED TO SUPPORT AND PROVIDE RESOURCES TO LOCAL KIPP THROUGH COLLEGE PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS INCLUDE BUILDING COLLEGE PARTNERSHIPS, BUILDING SUPPORT FOR COLLEGE STUDENTS, SUPPORTING SITES AND PROFESSIONAL DEVELOPMENT THROUGH TRAINING AND WEBSITE COLLABORATION TOOLS.EXTERNAL IMPACT: THE FOUNDATION HAS CREATED A SET OF NATIONAL INITIATIVES AND PROGRAMS DESIGNED TO BROADEN OUR IMPACT BEYOND OUR KIPP SCHOOLS & REGIONS. THESE PROGRAMS INCLUDE EFFORTS TO SHARE KIPP CONTENT AND PROGRAMS WITH OUTSIDE EDUCATORS, AND TO DEVELOP PARTNERSHIPS SUPPORTING CAREER OPPORTUNITIES FOR OUR KIPP ALUMNI. 7722459 0 0 61066951 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 370 0 1 217 1 0 0 0 0 0 0 0 0 0 0 X 14 12 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK CA CO CT FL GA HI IL KS KY ME MD MA MS NV NH NJ NM NY ND OH OK OR PA RI SC VA WA WV WI X X GARFIELD BYRD 4155134114 135 MAIN STREET SUITE 1700 SAN FRANCISCO CA 94105 JOHN FISHER CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 DORIS FISHER THRU 122117 CO-FOUNDER,BOARD MEMBER 1.00 X 0 0 0 EMMA BLOOMBERG BOARD MEMBER 1.00 X 0 0 0 KATHERINE BRADLEY BOARD MEMBER 1.00 X 0 0 0 PHILIPPE DAUMAN THRU 11518 BOARD MEMBER 1.00 X 0 0 0 REED HASTINGS BOARD MEMBER 1.00 X 0 0 0 MARTHA KARSH BOARD MEMBER 1.00 X 0 0 0 MICHAEL LOMAX BOARD MEMBER 1.00 X 0 0 0 MARK NUNNELLY BOARD MEMBER 1.00 X 0 0 0 JERELYN RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 KINNARI PATEL-SMYTH BOARD MEMBER 1.00 X 0 0 0 JOSE VILLARREAL BOARD MEMBER 1.00 X 0 0 0 CARRIE WALTON PENNER BOARD MEMBER 1.00 X 0 0 0 ABIGAIL WEXNER BOARD MEMBER 1.00 X 0 0 0 RICHARD BARTH CHIEF EXECUTIVE OFFICER 40.00 X X 486375 0 12518 DAVID LEVIN CO-FOUNDER, DIRECTOR 40.00 X 482384 0 37991 MICHAEL FEINBERG THRU 22218 CO-FOUNDER, DIRECTOR 40.00 X 244426 0 37174 GARFIELD BYRD CFO, BOARD OFFICER 40.00 X 246326 0 37250 WILLIAM HIGHBAUGH GENERAL COUNSEL 40.00 X 220921 0 19075 JACK CHOROWSKY PRESIDENT 40.00 X 373151 0 37991 DAVID WICK THRU 6118 CHIEF EXTERNAL IMPACT OFFICER 40.00 X 260318 0 37991 JONATHAN COWAN CHIEF RSRCH,DESIGN & INNOVATION OFF 40.00 X 246872 0 37407 LISA DAGGS CHIEF NETWORK GROWTH OFFICER 40.00 X 230939 0 20139 VALERIE HAMILTON CHIEF PEOPLE OFFICER 40.00 X 220255 0 36207 SHERRY PREISS THRU 62918 CHIEF OF TEACHING & LEARNING OFFICER 40.00 X 215282 0 27449 3227249 0 341192 84 0 1 0 VENETIAN CASINO RESORT LLC 3355 LAS VEGAS BLVD SOUTH LAS VEGAS NV 89109 CONFERENCE SERVICES 1340370 UNIV OF CHICAGO RESIDENTIAL SERVICES 1450 E 59TH STREET CHICAGO IL 60637 CONFERENCE SERVICES 762028 WISEWIRE INC 8 MARKET PLACE SUITE 300 BALTIMORE MD 21303 CURRICULUM RESEARCH & DEVELOPMENT 667751 ROBERT HALF INTERNATIONAL INC 2884 SAND HILL ROAD MENLO PARK CA 94025 TEMPORARY & PLACEMENT STAFFING 579082 ON EVENT SERVICES LLC 6779 CRESENT DRIVE NORCROSS GA 30071 CONFERENCE SERVICES 555889 36 24518511 38296490 969780 62815001 LICENSE FEES 900099 4986007 4986007 LEADERSHIP INCOME 900099 1745612 1745612 6731619 322671 322671 35614368 35613931 1125 437 -1125 -688 -688 ADVISORY INCOME 900099 38333 38333 LOAN ORIG/PTL GUARANTY 900099 341 341 38674 69907277 6731619 0 360657 X 20350662 20350662 411576 411576 3187881 1130187 1640855 416839 19894604 15116863 3987154 790587 678537 537038 129348 12151 2646562 1528672 1006201 111689 1582377 914448 585272 82657 1454650 1454650 215984 215984 8054250 6721159 1183741 149350 300282 245153 24048 31081 1603471 1009156 537235 57080 850892 785643 55177 10072 1248438 876011 308984 63443 4954153 4219794 582555 151804 4150462 3994453 142241 13768 845278 597617 204590 43071 103120 73330 24609 5181 SCHOOL LEADER TRAINING 1052861 966805 86056 EMPLOYEE RECRUITING COS 292347 128774 160838 2735 DATA ACQUISITION 4643 4643 BAD DEBT RECOVERY -61935 -61935 6258 317 5941 73827353 61066951 10818894 1941508 28463221 30189412 22720158 16294950 4720897 5363939 2924157 2024157 1345720 457160 6442168 4464571 2068878 1977597 10629753 13411790 288704 0 781697 746358 73943185 70465363 12140407 12814147 95225 7314236 7377370 19454643 20286742 X 31208502 31570471 23280040 18608150 54488542 50178621 73943185 70465363 X -3920076 -389845 X 0 1 X 1 1 1 X 59585599 61843473 71134686 53311627 62815001 308690386 59585599 61843473 71134686 53311627 62815001 308690386 98807072 209883314 35505 28824 47083 143073 322671 577156 5317 4187 1751 8684 38674 58613 309326155 29037896 0.67850 0.67040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2013 AMOUNT: $ 5,317. 2014 AMOUNT: $ 4,187. 2015 AMOUNT: $ 1,751. 2016 AMOUNT: $ 8,684. 2017 AMOUNT: $ 38,674. 0 1 0 0 0 0 1 99059 1 5214 0 104273 0 PART II-B, LINE 1: THE FOUNDATION HAS A SENIOR DIRECTOR, DIRECTOR, AND ASSOCIATE OF GOVERNMENT AFFAIRS AND POLICY WHO LOBBIES TO MODERNIZE THE CHARTER SCHOOLS PROGRAM ON THE NATIONAL LEVEL. EXPENSES IN LINE 1G AND 1H INCLUDE A PORTION OF THE SALARY OF THESE INDIVIDUALS. EXPENSES IN LINE 1F REFER TO A PORTION OF GRANTS GIVEN BY THE FOUNDATION TO THE KIPP SCHOOLS AND REGIONS. THESE GRANTS PRIMARILY HELP THE REGIONS GET APPROVAL TO GROW NEW SCHOOLS, RENEW EXISTING CHARTERS, AND ENGAGE FAMILIES. NONE OF THESE EXPENSES ARE USED FOR POLITICAL ACTIVITIES PROHIBITED BY THE INTERNAL REVENUE CODE FOR 501(C)(3)S. 1175219 837004 338215 617792 592040 25752 4649157 3035527 1613630 1977597 GUARANTEES 21567 GOVERNMENT ADVANCE 7355803 7377370 X 71351098 3003064 3003064 68348034 1559243 1559243 69907277 75661019 3003064 3003064 72657955 1169398 1169398 73827353 PART X, LINE 2: THE FOUNDATION HAS RECEIVED RULINGS FROM THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM THE STATE OF CALIFORNIA FRANCHISE TAX BOARD GRANTING EXEMPTION FROM TAXATION ON RELATED INCOME. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, IF ANY, GENERATED BY ITS INVESTMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FISCAL SPONSORSHIP REVENUE 1,559,243. PART XII, LINE 4B - OTHER ADJUSTMENTS: FISCAL SPONSORSHIP EXPENSES 1,169,398. PART XI, LINE 4B AND PART XII, LINE 4B: THE FOUNDATION IS IN A FISCAL SPONSORSHIP GRANT AGREEMENT WITH KIPP MIAMI, INC. A FLORIDA NOT FOR PROFIT CORPORATION FOR THE PURPOSES OF LAUNCHING AND OPERATING ONE OR MORE PUBLIC CHARTER SCHOOLS IN THE STATE OF FLORIDA. 1 KIPP AUSTIN PUBLIC SCHOOLS INC 8509 FM 969 BUILDING 513 AUSTIN TX 78724 010639602 501(C)(3) 378455 NETWORK GROWTH & SUSTAINABILITY, LEADERSHIP DEVELOPMENT, OTHER KIPP BAY AREA SCHOOLS 1000 BROADWAY 460 OAKLAND CA 94607 205010766 501(C)(3) 1757121 NETWORK GROWTH & SUSTAINABILITY, LEADERSHIP DEVELOPMENT, KIPP THROUGH COLLEGE, OTHER KIPP CHARLOTTE 931 WILANN DRIVE CHARLOTTE NC 28215 205664061 501(C)(3) 442330 NETWORK GROWTH & SUSTAINABILITY KIPP CHICAGO 2007 SOUTH HALSTED ST CHICAGO IL 60608 300075271 501(C)(3) 987696 NETWORK GROWTH & SUSTAINABILITY, LEADERSHIP DEVELOPMENT KIPP COLORADO SCHOOLS 1390 LAWRENCE ST DENVER CO 80204 800037534 501(C)(3) 643207 NETWORK GROWTH & SUSTAINABILITY, EXTERNAL IMPACT KIPP COLUMBUS 2900 INSPIRE DRIVE COLUMBUS OH 43224 208627107 501(C)(3) 278330 NETWORK GROWTH & SUSTAINABILITY; OTHER KIPP DALLAS-FORT WORTH 3200 SOUTH LANCASTER STE 230-A DALLAS TX 75216 820578155 501(C)(3) 1249296 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT KIPP DC 2600 VIRGINA AVE NW STE 900 WASHINGTON DC 20037 742974642 501(C)(3) 245123 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT, KIPP THROUGH COLLEGE, OTHER KIPP DELTA PUBLIC SCHOOLS 514 MISSOURI HELENA AR 72342 311807400 501(C)(3) 285563 NETWORK GROWTH & SUSTAINABILITY; KIPP THROUGH COLLEGE, OTHER KIPP EASTERN NOTHERN CAROLINA 320 PLEASANT HILL ROAD GASTON NC 27832 742991314 501(C)(3) 1026398 NETWORK GROWTH & SUSTAINABILITY; KIPP THROUGH COLLEGE, OTHER KIPP ENDEAVOR ACADEMY 2700 E 18TH ST KANSAS CITY MO 64127 208552002 501(C)(3) 483526 NETWORK GROWTH & SUSTAINABILITY KIPP HOUSTON 10711 KIPP WAY HOUSTON TX 77099 133875888 501(C)(3) 2145300 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT, OTHER KIPP INDIANAPOLIS 1740 EAST 30TH STREET INDIANAPOLIS IN 46218 300145826 501(C)(3) 135343 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT KIPP JACKSONVILLE 1440 MCDUFF AVENUE NORTH JACKSONVILLE FL 32254 264046741 501(C)(3) 135258 NETWORK GROWTH & SUSTAINABILITY KIPP LA SCHOOLS 3601 E FIRST STREET LOS ANGELES CA 90063 261607268 501(C)(3) 1657093 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT, KIPP THROUGH COLLEGE KIPP MASSACHUSETTS 90 HIGH ROCK STREET LYNN MA 01902 743153091 501(C)(3) 704603 NETWORK GROWTH & SUSTAINABILITY, KIPP THROUGH COLLEGE, OTHER KIPP MEMPHIS COLLEGIATE SCHOOLS 2670 UNION AVENUE EXTENDED 1100 MEMPHIS TN 38112 680502820 501(C)(3) 312570 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT, OTHER KIPP METRO ATLANTA 504 FAIR ST SW ATLANTA GA 30313 113723114 501(C)(3) 735602 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT, KIPP THROUGH COLLEGE, OTHER KIPP MIAMI INC C/O KIPP NEW JERSEY 60 PARK PLACE STE 802 NEWARK NJ 07102 814473475 501(C)(3) 382958 NETWORK GROWTH & SUSTAINABILITY KIPP MINNESOTA 5034 N OLIVER AVENUE MINNEAPOLIS MN 55430 208877750 501(C)(3) 458879 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT KIPP NASHVILLE 123 DOUGLAS AVENUE NASHVILLE TN 37207 202799123 501(C)(3) 1106579 NETWORK GROWTH & SUSTAINABILITY; KIPP THROUGH COLLEGE, EXTERNAL IMPACT, OTHER KIPP NEW JERSEY 60 PARK PLACE STE 802 NEWARK NJ 07102 010660264 501(C)(3) 400557 NETWORK GROWTH & SUSTAINABILITY; KIPP THROUGH COLLEGE, EXTERNAL IMPACT, OTHER KIPP NEW ORLEANS 1307 ORETHA CASTLE HALEY BLVD STE 302 NEW ORLEANS LA 70113 202277213 501(C)(3) 490000 NETWORK GROWTH & SUSTAINABILITY; KIPP THROUGH COLLEGE, EXTERNAL IMPACT, OTHER KIPP NYC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 203971209 501(C)(3) 476785 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT, OTHER ONE WORLD NETWORK 620 FLORIDA ST STE 110 BATON ROUGE LA 70801 463104577 501(C)(3) 48408 LEADERSHIP DEVELOPMENT KIPP PHILADELPHIA SCHOOLS 5070 PARKSIDE AVE STE 3500D MAILBOX 41 PHILADELPHIA PA 19131 050546103 501(C)(3) 654936 NETWORK GROWTH & SUSTAINABILITY, LEADERSHIP DEVELOPMENT, KIPP THROUGH COLLEGE, OTHER KIPP REACH COLLEGE PREPARATORY 1901 NE 13TH STREET OKLAHOMA CITY OK 73117 300005794 501(C)(3) 411677 NETWORK GROWTH & SUSTAINABILITY, LEADERSHIP DEVELOPMENT KIPP SAN ANTONIO 731 FREDERICKSBURG ROAD SAN ANTONIO TX 78201 412090713 501(C)(3) 453397 NETWORK GROWTH & SUSTAINABILITY, LEADERSHIP DEVELOPMENT, OTHER KIPP SAN DIEGO 1475 SIXTH AVENUE 2ND FL SAN DIEGO CA 92101 481291867 501(C)(3) 97053 LEADERSHIP DEVELOPMENT KIPP ST LOUIS 1310 PAPIN ST STE 203 ST LOUIS MO 63103 010916759 501(C)(3) 1178249 NETWORK GROWTH & SUSTAINABILITY KIPP TECH VALLEY 321 NORTHERN BLVD ALBANY NY 12210 201347748 501(C)(3) 428023 NETWORK GROWTH & SUSTAINABILITY KIPP TULSA COLLEGE PREPARATORY 1661 EAST VIRGIN STREET TULSA OK 74106 113740269 501(C)(3) 160345 NETWORK GROWTH & SUSTAINABILITY; LEADERSHIP DEVELOPMENT 32 0 HARRIET BALL EXCELLENCE IN TEACHING AWARD 11 110000 DORIS FISHER KIPPSTER OF THE YEAR AWARD 17 51576 THE KIPP THROUGH COLLEGE EXCELLENCE IN LEADERSHIP AWARD 1 10000 THE FOUNDERS KIPP SIX AWARDS 24 240000 PART I, LINE 2: THE FOUNDATION GIVES GRANTS TO KIPP REGIONS BASED ON NEED OR SPECIFICATION FROM THE GRANTOR. EACH GRANT HAS A SEPARATE SET OF CRITERIA AND IS REVIEWED BY FOUNDATION STAFF FOR COMPLIANCE AND MERIT. SCHEDULE I, PART I, LINE 2 U.S. DEPARTMENT OF EDUCATION (US ED) SCHOOL GRANTS ARE APPLIED FOR BY THE INDIVIDUAL SCHOOLS THROUGH SUBMISSION OF DETAILED BUDGET REQUESTS, WHICH ARE ULTIMATELY APPROVED FOR FUNDING BY THE U.S. DEPARTMENT OF EDUCATION. UPON AWARD, GRANT LETTERS ARE PROVIDED TO EACH OF THE SCHOOLS STATING SPECIFIC TERMS FOR COSTS ACCEPTED FOR FUNDING AND BUDGET COMPLIANCE. IN ADDITION, A CONFERENCE CALL IS HELD DIRECTLY WITH THE KIPP FEDERAL GRANTS MANAGEMENT TEAM AND A REPRESENTATIVE FROM EACH OF THE KIPP SCHOOLS AWARDED FUNDING TO REVIEW THE AWARD GUIDELINES. COMPLIANCE THROUGHOUT THE YEAR IS MONITORED BY THE KIPP FOUNDATION FINANCE TEAM THROUGH THE REVIEW OF THE QUARTERLY DRAWDOWN REQUESTS AND SITE VISITS AS APPLICABLE. EACH RECIPIENT SCHOOL IS REQUIRED TO SUBMIT APPROPRIATE DOCUMENTATION FOR ALL EXPENSES FOR WHICH THEY ARE REQUESTING TO DRAWDOWN FUNDS. KIPP FOUNDATION REVIEWS EACH REQUEST FOR ACCURACY AND ALLOWABILITY, IN ACCORDANCE WITH THE ORIGINAL BUDGET REQUEST. RECIPIENT SCHOOLS ARE SUBJECT TO AN ANNUAL SINGLE AUDIT AS APPLICABLE AND REVIEW OF SCHOOL FINANCIAL STATEMENTS TO ENSURE THAT EACH SCHOOL RECEIVED AN UNQUALIFIED OPINION. FINALLY, KIPP FOUNDATION PROVIDES AN ANNUAL REPORT TO THE U.S. DEPARTMENT OF EDUCATION REGARDING FUNDS RECEIVED DURING THE PREVIOUS FISCAL YEAR TO ENSURE COMPLIANCE. X 1 1 X X X 0 0 0 0 0 0 0 0 0 RICHARD BARTH CHIEF EXECUTIVE OFFICER 483969 0 0 0 2406 0 10800 0 1718 0 498893 0 0 0 DAVID LEVIN CO-FOUNDER, DIRECTOR 480210 0 0 0 2174 0 10800 0 27191 0 520375 0 0 0 MICHAEL FEINBERG THRU 22218 CO-FOUNDER, DIRECTOR 242202 0 0 0 2224 0 9983 0 27191 0 281600 0 0 0 GARFIELD BYRD CFO, BOARD OFFICER 243297 0 0 0 3029 0 10059 0 27191 0 283576 0 0 0 WILLIAM HIGHBAUGH GENERAL COUNSEL 218510 0 0 0 2411 0 8159 0 10916 0 239996 0 0 0 JACK CHOROWSKY PRESIDENT 370745 0 0 0 2406 0 10800 0 27191 0 411142 0 0 0 DAVID WICK THRU 6118 CHIEF EXTERNAL IMPACT OFFICER 258264 0 0 0 2054 0 10800 0 27191 0 298309 0 0 0 JONATHAN COWAN CHIEF RSRCH,DESIGN & INNOVATION OFF 244583 0 0 0 2289 0 10216 0 27191 0 284279 0 0 0 LISA DAGGS CHIEF NETWORK GROWTH OFFICER 228765 0 0 0 2174 0 9312 0 10827 0 251078 0 0 0 VALERIE HAMILTON CHIEF PEOPLE OFFICER 216553 0 0 0 3702 0 9016 0 27191 0 256462 0 0 0 SHERRY PREISS THRU 62918 CHIEF OF TEACHING & LEARNING OFFICER 211563 0 0 0 3719 0 8796 0 18653 0 242731 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES A $200 ANNUAL HEALTH AND WELLNESS INCENTIVE TO ALL ACTIVE/REGULAR STATUS EMPLOYEES WORKING 20 OR MORE HOURS PER WEEK AS OF SEPTEMBER, 2017. DORIS & DONALD FISHER FUND DORIS FISHER-TRUSTEE AND JOHN FISHER-ADVISOR OF THE FUND. 279000 DORIS FISHER IS A TRUSTEE OF THE DORIS & DONALD FISHER FUND AND JOHN FISHER IS AN ADVISOR OF THE FUND AND THE SON OF DORIS FISHER. DORIS SERVED ON THE BOARD OF DIRECTORS OF THE KIPP FOUNDATION THROUGH 12/21/2017 AND JOHN IS ON THE BOARD OF DIRECTORS OF THE KIPP FOUNDATION. AN EMPLOYEE OF THE DORIS & DONALD FISHER FUND SERVED AS AN INDEPENDENT CONTRACTOR TO THE KIPP FOUNDATION. 0 X 10 969780 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REFLECTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART I, LINE 7: FORM 990, PART I, LINES 7A AND 7B DID NOT REPORT TAX ON QUALIFIED TRANSPORTATION BENEFITS BECAUSE FORM 990 AND FORM 990-T INSTRUCTIONS PROVIDED NO GUIDANCE ON HOW TO REPORT THIS ITEM ON PART VIII OF FORM 990 AND ON FORM 990-T. FORM 990, PART VI, SECTION A, LINE 2 DORIS FISHER IS THE MOTHER OF JOHN FISHER. JACK CHOROWSKY IS THE BROTHER-IN-LAW OF DAVE LEVIN. FORM 990, PART VI, SECTION A, LINE 8B THE AUDIT COMMITTEE AND FINANCE COMMITTEE DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE FINANCE TEAM PREPARED THE 2017 990 ORGANIZER TABS, WHICH WERE EITHER REVIEWED BY THE CONTROLLER OR SENIOR DIRECTOR OF GRANTS MANAGEMENT. THE ORGANIZER WAS FORWARDED TO HOOD AND STRONG, LLP FOR PREPARATION OF THE FORM 990. UPON PREPARATION OF THE 990 DRAFT, THE ACCOUNTING MANAGER, THE CONTROLLER, THE SENIOR DIRECTOR OF GRANTS MANAGEMENT, THE CFO, AND GENERAL COUNSEL REVIEWED THE FIRST DRAFT. THE DRAFT WAS SUBMITTED TO THE AUDIT COMMITTEE MEMBERS. THE AUDIT COMMITTEE MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND DIRECT THEIR QUESTIONS TO THE CFO AND/OR GENERAL COUNSEL. UPON SATISFACTION OF ANY QUESTIONS, THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AS DEFINED IN THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST ON AN ONGOING BASIS IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY AND KIPP FOUNDATION CODE OF ETHICS, WHICH REQUIRE DISCLOSURE WHEREVER A POTENTIAL CONFLICT ARISES. IF THE BOARD DETERMINES THERE IS A CONFLICT OF INTEREST, THE CHAIRMAN OF THE BOARD SHALL, IF APPROPRIATE, REQUEST AN INVESTIGATION OF ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD WILL THEN VOTE ON WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON MAY NOT VOTE ON WHETHER THE TRANSACTION OR ARRANGEMENT IS A CONFLICT OF INTEREST NOR WHETHER IT SHOULD BE APPROVED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR APPROVAL INVOLVES AN INDEPENDENT THIRD PARTY ORGANIZATION PROVIDING INFORMATION WHICH: * PROVIDES MARKET COMPARABILITY DATA TO ASSIST THE BOARD IN MAKING DECISIONS REGARDING ANY POTENTIAL CHANGES TO THE CURRENT COMPENSATION PROGRAM, * EVALUATES THE COMPETITIVENESS OF THE CURRENT COMPENSATION ARRANGEMENTS AND ADVISE THE BOARD ON THE RANGE OF COMPETITIVE PRACTICES FOR FUNCTIONALLY COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS PROVIDING SIMILAR SERVICES, * PROVIDES OPINION ON THE REASONABLENESS OF THE PROPOSED COMPENSATION ARRANGEMENTS, TAKING ALL RELEVANT FACTORS INTO CONSIDERATION, TO ASSIST THE BOARD WITH ITS GOVERNANCE RESPONSIBILITIES UNDER INTERNAL REVENUE CODE SECTION 4958 AND APPLICABLE REGULATIONS, COMMONLY REFERRED TO AS THE "INTERMEDIATE SANCTIONS" LEGISLATION, AND * FINALLY, SAID COMPENSATION IS APPROVED BY THE KIPP FOUNDATION'S BOARD. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN IRC 6104(D). DOCUMENTS MAY BE VIEWED AT WWW.KIPP.ORG AND UPON REQUEST. FORM 990, PART IX, LINE 11G COMPUTER/SOFTWARE CONSULTING: PROGRAM SERVICE EXPENSES 128,417. MANAGEMENT AND GENERAL EXPENSES 22,617. FUNDRAISING EXPENSES 2,854. TOTAL EXPENSES 153,888. OPERATIONS CONSULTING: PROGRAM SERVICE EXPENSES 4,561,307. MANAGEMENT AND GENERAL EXPENSES 803,345. FUNDRAISING EXPENSES 101,356. TOTAL EXPENSES 5,466,008. CONSULTING TRAVEL EXPENSE: PROGRAM SERVICE EXPENSES 164,434. MANAGEMENT AND GENERAL EXPENSES 28,960. FUNDRAISING EXPENSES 3,654. TOTAL EXPENSES 197,048. TEMPORARY ASSISTANCE: PROGRAM SERVICE EXPENSES 198,921. MANAGEMENT AND GENERAL EXPENSES 35,034. FUNDRAISING EXPENSES 4,420. TOTAL EXPENSES 238,375. INSTRUCTIONAL CONSULTING: PROGRAM SERVICE EXPENSES 1,522,227. MANAGEMENT AND GENERAL EXPENSES 268,097. FUNDRAISING EXPENSES 33,825. TOTAL EXPENSES 1,824,149. INSTRUCTIONAL CONSULTING TRAVEL EXPENSES: PROGRAM SERVICE EXPENSES 145,853. MANAGEMENT AND GENERAL EXPENSES 25,688. FUNDRAISING EXPENSES 3,241. TOTAL EXPENSES 174,782. FORM 990, PART XI, LINE 9: KIPP MIAMI FISCAL SPONSORSHIP -389,845.