2018-11-09T10:07:25-06:00 2018-06-30 141624930 TEAL BECKER & CHIARAMONTE CPAS PC 7 WASHINGTON SQUARE ALBANY NY 12205 990 2017-07-01 201347748 KIPP TECH VALLEY CHARTER SCHOOL KIPP 5186949494 321 NORTHERN BLVD ALBANY NY 122102653 STEPHANIE VALLE EXECUTIVE DIRECTOR 5186949494 2018-11-07 1 KATHARINE K DORAN CPA P00161109 5184566663 2018-11-07 66.109.51.149 2018-11-07 16:06:55 ES P 33FAB84E77935251A02FE81218F31E8D075A3E7A 598EC38F8BAA60E0CCBB49544C0893F12EF86985 2017 2019-02-21 02:37:17Z JOHN P REILLY 321 NORTHERN BLVD ALBANY NY 122102635 8553686 0 X WWW.KIPPTECHVALLEY.ORG X 2006 NY KIPP TECH VALLEY CHARTER SCHOOL IS A TUITION FREE COLLEGE PREPARATORY PUBLIC PRIMARY AND MIDDLE SCHOOL LOCATED IN ALBANY, NY. BY PROVIDING A SAFE, STRUCTURED AND SUPPORTIVE LEARNING ENVIRONMENT FOR EVERY CHILD, KIPP TECH VALLEY CHARTER SCHOOL WILL HELP EACH STUDENT ACQUIRE AND APPLY THE KNOWLEDGE, SKILLS, AND CHARACTER HABITS NECESSARY TO SUCCEED IN HIGH SCHOOL, COLLEGE AND BEYOND. 6 6 86 0 0 0 1299591 1364195 5868483 7189473 209 18 0 0 7168283 8553686 0 0 0 0 3967152 5186039 0 0 0 2577491 3014482 6544643 8200521 623640 353165 14446726 16654884 15472514 17043494 -1025788 -388610 THE SCHOOL'S PRIMARY PURPOSE IS TO PREPARE STUDENTS FOR FUTURE ACADEMIC OPPORTUNITIES. 0 0 3765349 8478759 THE REGULAR SCHOOL PROGRAM PROVIDES EDUCATIONAL PROGRAMS FOR KINDERGARTEN THROUGH GRADE 1 AND GRADES 5-8. THERE ARE APPROXIMATELY 487 STUDENTS SERVED. 280465 45086 THE SPECIAL EDUCATION PROGRAM PROVIDES CHILDREN WITH SPECIAL NEEDS WITH APPROPRIATELY BASED EDUCATIONAL ASSISTANCE. 2% OF STUDENTS RECEIVE SPECIAL EDUCATION SERVICES. 1409987 29823 OTHER PROGRAMS - FIELD TRIPS, TRANSPORTATION, AND NUTRITIONAL PROGRAMS SERVE STUDENTS IN KINDERGARTEN THROUGH GRADE 1 AND GRADES 5-8. 5455801 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 86 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X STEPHANIE VALLE 5186949494 321 NORTHERN BLVD ALBANY NY 122102635 KELLY KIMBROUGH BOARD MEMBER 1.00 X 0 0 0 WAYNE BOOMER TREASURER 1.00 X 0 0 0 NEIL MURRAY BOARD MEMBER 1.00 X 0 0 0 KELLY WALBORN VICE PRESIDENT 1.00 X 0 0 0 CARL YOUNG SECRETARY 1.00 X 0 0 0 JOHN P REILLY PRESIDENT 1.00 X 0 0 0 DUSTIN MITCHELL FORMER EXECUTIVE DIRECTOR 60.00 X 144750 0 19733 KATHERINE MORALES EMPLOYEE 40.00 X 120980 0 8739 265730 0 28472 3 0 1 0 DURHAM SCHOOL SERVICES 830 S PEARL STREET ALBANY NY 12202 TRANSPORATION 499833 GINSBERG'S 29 GINSBERGS RD HUDSON NY 12534 FOOD SERVICES 134147 2 1352320 11875 6103 1364195 PROG.SERV.REVENUE-RELA 900099 7171525 7171525 OTHER REVENUE 900099 17948 17948 7189473 18 18 8553686 7189473 0 18 294202 294202 3833274 2622729 1210545 142895 94146 48749 593641 391104 202537 322027 212184 109843 14767 14767 82151 82151 10261 10261 81158 81158 373039 169771 203268 10865 4199 6666 585131 385513 199618 303208 199768 103440 63989 42159 21830 STUDENT SERVICES 696461 696461 INSTRUCTIONAL SUPPLIES 291934 291934 FOOD PROGRAM 186209 186209 FEES/LICENSING 87098 87098 228211 159624 68587 8200521 5455801 2744720 0 525088 1899460 455348 1520525 59452 102945 14154759 1471691 12942887 12683068 1000 1000 462951 447886 14446726 16654884 260012 536458 1274362 11632674 15212502 3600000 15472514 17043494 X -1025788 -388610 -1025788 -388610 14446726 16654884 X 353165 284013 X X 0 1 X 1 1 1 X 2880892 2880892 10724623 996994 9727629 549244 474697 74547 12683068 X 8553686 0 8553686 0 8553686 8200521 0 8200521 0 8200521 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX. THE SCHOOL HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. UNDER ACCOUNTING STANDARD CODIFICATIONS (ASC) SECTION 740, THE TAX-EXEMPT STATUS OF A TAX-EXEMPT ENTITY IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. FORMS 990 FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPERS AND WEBSITE. SCHEDULE E, PART I, LINE 4 THERE IS NO TUITION CHARGED FOR ENROLLMENT IN THE SCHOOL; THEREFORE, FINANACIAL ASSISTANCE & SCHOLARSHIPS ARE NOT APPLICABLE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GRANTS FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. X 0 0 0 0 0 0 0 0 0 DUSTIN MITCHELL FORMER EXECUTIVE DIRECTOR 144750 0 0 0 0 0 14040 0 5693 0 164483 0 0 0 PART I, LINE 3 COMPENSATION IS APPROVED BY THE BOARD. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA 522038405 000000000 2016-09-15 12000000 PURCHASE OF AN EDUCATIONAL FACILITY & ADVANCED REFUNDING OF 2012 BOND ISSUE 0 0 0 A 12000000 7975000 403469 3621531 2016 0 1 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 1 CITIZENS BANK 18.000000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 8B MINUTES TO COMMITTEE MEETINGS ARE NOT OFFICIALLY KEPT. THE COMMITTEE CHAIR REPORTS BACK TO THE BOARD MEMBERS AND THE RECOMMENDATIONS/ACCOMPLISHMENTS ARE REPORTED IN THE BOARD MINUTES AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE CONFLICT OF INTEREST POLICY, AND ANY TIME DURING THE YEAR WHERE THERE IS A POSSIBLE CONFLICT FORM 990, PART VI, SECTION B, LINE 15 THE DIRECTOR'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD OF DIRECTORS REVIEW THE SCHOOL'S PERFORMANCE COMPARED TO SIMILAR SCHOOLS AND USES VALUE ADDED ANALYSIS IN DETERMING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON INTEREST RATE SWAP AGREEMENT 284,013.