2018-05-08T15:23:39-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2016-07-01 050546103 KIPP PHILADELPHIA CHARTER SCHOOL KIPP 2152948596 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 BEN SPEICHER CEO 2152948596 2018-05-07 1 DAVE SEKERAK P01395497 2156433900 2016 2022-09-23 18:48:47Z BEN SPEICHER 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 12356636 0 X WWW.KIPPPHILADELPHIA.ORG X 2003 PA THE MISSION OF KIPP PHILADELPHIA ELEMENTARY ACADEMY IS TO CULTIVATE THE INTELLECT, FOSTER THE CHARACTER, AND IGNITE THE IMAGINATION OF OUR STUDENTS SO THEY CAN BECOME LEADERS WHO CHOOSE THEIR OWN FUTURES IN COLLEGE AND BEYOND.THE MISSION OF KIPP PHILADELPHIA PREPARATORY ACADEMY IS TO DEVELOP THE CHARACTER, KNOWLEDGE, AND SKILLS OF OUR STUDENTS SO THEY WILL SUCCEED IN TOP-QUALITY HIGH SCHOOLS, COLLEGE, AND THE COMPETITIVE WORLD BEYOND. 12 12 144 151 0 0 1969783 2764346 8489586 9584401 1405 7889 98887 0 10559661 12356636 100175 124788 0 0 6616110 4123911 0 0 0 4881052 5254316 11597337 9503015 -1037676 2853621 19247477 20176531 39402319 37495523 -20154842 -17318992 KIPP PHILADELPHIA'S MISSION IS TO DEVELOP THE CHARACTER, KNOWLEDGE, AND SKILLS OF THEIR STUDENTS, SO THEY WILL SUCCEED IN COLLEGE, GIVING THEM THE FREEDOM TO SHAPE THEIR FUTURES AND POSITIVELY AFFECT THEIR COMMUNITIES. 0 0 7407506 124788 9584401 KIPP PHILADELPHIA IS AN OPEN-ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOL SERVING STUDENTS IN GRADES K THROUGH 8. 7407506 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 20 0 144 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X MANAGEMENT 2152948596 5070 PARKSIDE AVE SUITE 3500D PHILADELPHIA PA 19131 NATASHA BOSTON MEMBER 0.50 0.75 X 0 0 0 STEVE CASPER PRESIDENT 0.50 0.75 X X 0 0 0 DAVID REUTER TREASURER 0.50 0.75 X X 0 0 0 NANCY SCHARFF VICE-PRESIDENT 0.50 0.75 X X 0 0 0 ALISA FIELD SECRETARY 0.50 0.75 X X 0 0 0 TOYA ALGARIN MEMBER 0.50 0.75 X 0 0 0 GWEN COLEMAN MEMBER 0.50 0.75 X 0 0 0 ALDUSTUS JORDAN MEMBER 0.50 0.75 X 0 0 0 RICHARD KNOWLES MEMBER 0.50 0.75 X 0 0 0 SAMANTHA WILSON JONES MEMBER 0.50 0.75 X 0 0 0 GINA MOORE MEMBER 0.50 0.75 X 0 0 0 WYDIA SIMMONS MEMBER 0.50 0.75 X 0 0 0 BENJAMIN SPEICHER CEO 50.00 X 119343 0 54977 119343 0 54977 1 0 1 0 LINTON MANAGED SERVICES 4 SENTRY PARKWAY EAST SUITE 100 BLUE BELL PA 19422 OUTSOURCED FOOD SERVICES 618670 TEAM CLEAN INC 4747 SOUTH BROAD STREET BLDG 101 PHILADELPHIA PA 19112 OUTSOURCED FACILITY AND MAINTENANCE CLEA 207252 2 1107330 1645595 11421 2764346 LOCAL SOURCES 900099 9520335 9520335 STUDENT ACTIVITIES 900099 64066 64066 9584401 7889 7889 12356636 9584401 0 7889 X 124788 124788 182228 182228 4898597 4279688 618909 -2157114 -1834913 -322201 818265 709766 108499 381935 336093 45842 1267689 1267689 10872 9000 1872 21116 21116 320129 297413 22716 82727 72294 10433 30550 9728 20822 32708 31187 1521 197875 197168 707 46398 44671 1727 755761 755761 205450 205450 187107 183461 3646 CONTRACTED EDUCATION SE 913010 898173 14837 CONTRACTED FOOD SERVICE 771945 765867 6078 BOOKS, PERIODICALS, & S 212973 207359 5614 REPAIRS AND MAINTENANCE 103105 103105 94901 34669 60232 9503015 7407506 2095509 0 1167262 1477480 5475390 1395459 668695 727005 23749 3380 10948 10950 16309205 1086506 10875771 15222699 1025662 1339558 19247477 20176531 1077155 1056427 16505561 16481676 21819603 19957420 39402319 37495523 X -20154842 -17318992 -20154842 -17318992 19247477 20176531 X 2853621 -17771 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14922501 95259 14827242 1147355 959475 187880 239349 31772 207577 15222699 SECURITY DEPOSITS 37500 DEFERRED OUTFLOWS 1302058 1339558 CAPITAL LEASE OBLIGATION 214080 INTEREST PAYABLE 190675 NET PENSION LIABILITY 7682001 DEFERRED INFLOWS 11537692 DUE TO RELATED ENTITIES 332972 19957420 X 12356636 0 12356636 0 12356636 9503015 0 9503015 0 9503015 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN ESTABLISHED, AS THE SCHOOL HAS NO UNRELATED BUSINESS ACTIVITY. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 CHARTER SCHOOL LAW PROHIBITS DISCRIMINATION. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES ASSISTANCE FROM STATE AND FEDERAL AGENCIES. 1 SPECIALIZED EDUCATION SERVICES 2 AQUARIUM DRIVE SUITE 100 CAMDEN NJ 08103 223676612 501C(3) 78276 TUITION DEVEREUX 444 DEVEREUX DRIVE VILLANOVA PA 19085 231390618 501C(3) 12286 TUITION MARTIN LUTHER SCHOOL 512 TOWNSHIP LINE ROAD PLYMOUTH MEETING PA 19462 232310084 501C(3) 16711 TUITION QUAKER SCHOOL AT HORSHAM 250 MEETINGHOUSE ROAD HORSHAM PA 19044 232200072 501C(3) 8315 TUITION WORDSWORTH ACADEMY 3300 HENRY AVENUE 2ND FLOOR PHILADELPHIA PA 19129 231729031 501C(3) 8435 TUITION 5 0 X 0 0 0 0 0 0 0 0 0 BENJAMIN SPEICHER CEO 119343 0 0 0 0 0 34037 0 20940 0 174320 0 0 0 PART I, LINE 3 THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF CHIEF EXECUTIVE OFFICER/SCHOOL LEADER AND BASED ON SUCH EVALUATION, THE FINANCE COMMITTEE SUBMITS THE RECOMMENDED COMPENSATION TO THE EXECUTIVE COMMITTEE FOR FURTHER REVIEW THEN TO THE BOARD FOR FINAL APPROVAL. ADDITIONALLY THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE CAREFULLY EVALUATE COMPETITIVE INFORMATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT LIKE-SIZED AND SITUATED ORGANIZATIONS. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71781XAX1 2016-04-13 16325957 REVENUE BONDS(KIPP PHILADELPHIA CHARTER SCHOOL PROJECT) SERIES OF 2016A 0 0 0 A 16325957 997327 326518 15002113 2016 0 0 1 1 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 3 THE EXCELLENCE COMMITTEE SHALL CONSIST OF THE OFFICERS OF THE CORPORATION AND THE CHAIRS OF THE PERMANENT COMMITTEES, AND ANY OTHER MEMBERS AS THE BOARD SHALL IN ITS DISCRETION SELECT. THE PRESIDENT SHALL SERVE AS THE CHAIR AND THE VICE-PRESIDENT AS THE VICE-CHAIR OF THIS COMMITTEE. THIS COMMITTEE SHALL HAVE SUCH AUTHORITY AS THE BOARD OR THE CHAIR OF THE BOARD MAY SPECIFY, TO ACT ON BEHLAF OF THE BOARD ON MATTERS THAT CONFORM WITH THE CORPORATION'S VISION AND MISSION. FORM 990, PART VI, SECTION B, LINE 11B BEFORE THE FORM 990 WAS FILED, THE PREPARED FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO FILE A STATEMENT OF FINANCIAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF CHIEF EXECUTIVE OFFICER/SCHOOL LEADER AND BASED ON SUCH EVALUATION, THE FINANCE COMMITTEE SUBMITS THE RECOMMENDED COMPENSATION TO THE EXECUTIVE COMMITTEE FOR FURTHER REVIEW THEN TO THE BOARD FOR FINAL APPROVAL. ADDITIONALLY THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE CAREFULLY EVALUATE COMPETITIVE INFORMATION FOR SIMILARLY QUALIFIED INDIVIDUAL IN COMPARABLE POSITIONS AT LIKE SIZED AND SITUATED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC ON THE KIPP PHILADELPHIA WEBSITE. FORM 990, PART IX, LINE 8: THE SCHOOL IS PART OF THE PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (PSERS), WHICH IS A GOVERNMENTAL COST-SHARING MULTIPLE EMPLOYER DEFINED PENSION PLAN THAT PROVIDES BENEFITS TO PUBLIC SCHOOL EMPLOYEES OF THE COMMONWEALTH OF PENNSYLVANIA. UNDER GOVERNMENTAL-WIDE ACCOUNTING FOR GOVERNMENTAL ACCOUNTING STANDARDS (GASB) REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS NET PENSION LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE ADOPTION OF ACCOUNTING STANDARD GASB 68 - ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS IN FISCAL YEAR JUNE 30, 2015. AS A RESULT OF THE FISCAL YEAR 2017 ALLOCATIONS AND GASB JOURNAL ENTRIES REQUIRED TO BE RECORDED, THE PSERS PENSION ACTIVITY RESULTED IN A PENSION CREDIT FOR JUNE 30, 2017 FISCAL YEAR. FORM 990, PART XI, LINE 9: ELIMINATION OF CAPITAL LEASE OBLIGATION AND CAPITAL ASSET VALUE -17,771. KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 261970577 CHARTER SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP WEST PHILADELPHIA CHARTER SCHOOL 2412 SOUTH 62ND STREET PHILADELPHIA PA 19142 475257423 CHARTER SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP ADMINISTRATIVE SERVICES CORPORATION 5070 PARKSIDE AVENUE SUITE 3500D PHILADELPHIA PA 19131 452384209 ADMINISTRATION PA 501(C)(3) LINE 7 N/A 0 KIPP DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 474229584 CHARTER SCHOOL PA 501(C)(3) LINE 2 N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1