2018-02-16T13:30:50-06:00 2017-06-30 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2016-07-01 800037534 KIPP Colorado Schools % JEREMY O'GRADY KIPP 7203753237 1390 Lawrence Street Suite 200 Denver CO 80204 JEREMY O'GRADY COO 7203753237 2018-02-12 true Adam R Smith CPA P00958966 7194714290 167.68.126.162 84022720180475000004 2018-02-16 P B98F60208C01E221655A9D02B96D47F177C0D12C 95290542E036135C3CFC3DACF3699863EAF69AAA 2016 2021-01-29 14:40:06Z Kimberlee Sia 1390 Lawrence Street Ste 200 Denver CO 80204 22111604 false X wwww.kippcolorado.org X 2002 CO KIPP COLORADO'S MISSION IS TO EQUIP OUR STUDENTS WITH THE ACADEMIC SKILLS AND CHARACTER STRENGTHS NECESSARY TO SUCCEED IN COLLEGE AND THE COMPETITIVE WORLD BEYOND. 15 15 338 150 0 4539201 4517538 13007466 17592552 2211 1514 -32409 0 17516469 22111604 180747 320109 0 0 11728415 15902334 0 0 229553 5257256 6949657 17166418 23172100 350051 -1060496 5538909 7491118 10060486 16283929 -4521577 -8792811 X KIPP COLORADO'S MISSION IS TO EQUIP OUR STUDENTS WITH THE ACADEMIC SKILLS AND CHARACTER STRENGTHS NECESSARY TO SUCCEED IN COLLEGE AND THE COMPETITIVE WORLD BEYOND. false false 19516073 320109 17592552 TWO TRADITIONAL HIGH SCHOOLS (KIPP DENVER COLLEGIATE - BENEFITTING APPROXIMATELY 431 STUDENTS AND KIPP NORTHEAST DENVER LEADERSHIP ACADEMY BENEFITTING APPROXIMATELY 281 STUDENTS), TWO TRADITIONAL MIDDLE SCHOOLS (KIPP SUNSHINE PEAK ACADEMY - BENEFITTING APPROXIMATELY 399 STUDENTS, AND KIPP MONTBELLO COLLEGE PREP - BENEFITTING APPROXIMATELY 455 STUDENTS), AND ONE TRADITIONAL ELEMENTARY SCHOOL (KIPP MONTBELLO ELEMENTARY - BENEFITTING APPROXIMATELY 245 STUDENTS) OFFERING SCHOOL SUBJECTS IN ENGLISH, MATH, SCIENCE AND HISTORY. KIPP DENVER COLLEGIATE HIGH SCHOOL WAS RECOGNIZED BY US NEWS AND WORLD REPORT AS THE 2ND BEST HIGH SCHOOL IN DENVER, 3RD BEST IN COLORADO. KIPP NORTHEAST DENVER LEADERSHIP ACADEMY HAD THE HIGHEST GROWTH IN ENGLISH LANGUAGE ARTS AMONG ALL SCHOOLS IN COLORADO ON STATE ASSESSMENTS. 100% OF KIPP COLORADO STUDENTS GRADUATED FROM HIGH SCHOOL FOR THE FOURTH YEAR IN A ROW. 91% OF KIPP COLORADO STUDENTS MATRICULATED TO COLLEGE AND 83% ARE PERSISTING THROUGH COLLEGE. 19516073 true true false false false false false false false false true false false false true false true false true false false false false false false false false false true true false false false false false false false false false false false false false false false false true 48 0 true 338 true false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false CO X JEREMY O'GRADY 7203753237 1390 LAWRENCE ST STE 200 Denver CO 80204 ALICIA ECONOMOS BOARD CHAIR 2.0 0.0 X X 0 0 0 KENNETH JOEL VICE CHAIR 2.0 0.0 X X 0 0 0 POLLY BREIT DIRECTOR 2.0 0.0 X 0 0 0 DAN FRIESEN TREASURER 2.0 0.0 X X 0 0 0 DAMIAN LEENATALI DIRECTOR 2.0 0.0 X 0 0 0 KELLIE O'KEEFE DIRECTOR 2.0 0.0 X 0 0 0 LISA ROY DIRECTOR 2.0 0.0 X 0 0 0 BRUCE SIEGEL DIRECTOR 2.0 0.0 X 0 0 0 DREW TYRIE DIRECTOR 2.0 0.0 X 0 0 0 MARIBETH YOUNGER SECRETARY 2.0 0.0 X X 0 0 0 ALESHA ARSCOTT DIRECTOR 2.0 0.0 X 0 0 0 BETH BEHNKE DIRECTOR 2.0 0.0 X 0 0 0 JACKIE HAWKEY DIRECTOR 2.0 0.0 X 0 0 0 TERRANCE CARROLL DIRECTOR 2.0 0.0 X 0 0 0 TODD EZRINE DIRECTOR 2.0 0.0 X 0 0 0 KIMBERLEE SIA CEO 50.0 0.0 X 139442 0 25630 JEREMY O'GRADY CHIEF OPERATIONS OFFICER 50.0 0.0 X 111668 0 16934 Kurt Pusch Chief of Schools 50.0 0.0 X 106692 0 18078 357802 0 60642 3 false true false 0 2434635 2082903 4517538 Per Pupil Revenue 611710 13911397 13911397 District Mill Levy 611710 3053662 3053662 Student Fees 611710 164123 164123 Food Service 611710 9316 9316 E-RATE & SPECIAL EDUCATION 611710 454054 454054 17592552 1514 1514 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22111604 17592552 1514 0 320109 320109 0 0 315856 315856 0 10451422 9271490 1052738 127194 4107161 3567668 488806 50687 807499 691609 110670 5220 220396 199424 19128 1844 0 2129 2129 28300 28300 0 0 0 507207 373139 134068 76091 26283 39251 10557 470998 431990 22183 16825 701844 631450 69804 590 0 1293704 1156777 136927 276883 191370 85513 0 118510 94637 17040 6833 0 0 257523 255726 1797 104576 104576 DISTRICT SERVICES 1241069 775453 465616 BOOKS AND SUPPLIES 900870 789770 107663 3437 FIELD TRIPS AND TRANSPORTATION 409813 409813 STUDENT FOOD SERVICE 255741 255741 304399 73624 224409 6366 23172100 19516073 3426474 229553 2989159 4232283 1419578 1691389 508708 820294 0 158882 0 0 0 0 0 0 0 0 50434 210012 1089904 711646 571030 378258 0 0 0 0 0 0 0 0 0 0 5538909 7491118 544408 843071 0 0 80000 144327 0 0 0 0 0 0 0 0 0 0 9436078 15296531 10060486 16283929 X -5092607 -9171069 571030 378258 0 0 -4521577 -8792811 5538909 7491118 X -1060496 -3210738 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 819767 590231 229536 205385 121414 83971 64751 64751 378258 0 Net Pension Liability 15296531 15296531 22111604 22111604 22111604 20329613 64751 64751 20264862 2907238 2907238 23172100 schedule d, part xii, line 2D EXPENSE ON BOOKS, NOT ON RETURN: capital outlay treated as expenditure on governmental funds report 64,751 SCHEDULE D, PART XII, LINE 4B EXPENSE ON RETURN, NOT ON BOOKS: DEPRECIATION EXPENSE TREATED AS CAPITAL OUTLAY ON GOVERNMENTAL FUNDS REPORT 257,523 PENSION EXPENSE NOT REPORTED AS EXPENDITURE ON ON GOVERNMENTAL FUNDS REPORT 2,649,715 TOTAL 2,907,738 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 KIPP COLORADO SCHOOLS OPERATES IN ACCORDANCE WITH THE NON-DISCRIMINATION POLICIES OF DENVER PUBLIC SCHOOLS. KIPP COLORADO SCHOOLS DOES NOT DISCRIMINATE IN STUDENT RECRUITMENT OR SELECTION BASED ON RACE OR ANY OTHER FACTOR. ALL KIPP COLORADO SCHOOLS PARTICIPATE IN THE DENVER PUBLIC SCHOOLS CHOICE ENROLLMENT PROCESS. KIPP COLORADO SCHOOLS CANNOT SELECT ITS STUDENTS, CANNOT REQUIRE ADMISSIONS EXAMS AND CANNOT DISCRIMINATE AGAINST STUDENTS IN ANY WAY, INCLUDING AGAINST STUDENTS WHO RECEIVE SPECIAL EDUCATION OR BILINGUAL SERVICES, NOR WOULD WE WISH TO. IN ADDITION TO ALL NON-DISCRIMINATION DISCLOSURES MADE IN THE CHOICE ENROLLMENT PROCESS BY DENVER PUBLIC SCHOOLS, KIPP'S POLICIES REGARDING NONDISCRIMINATION ARE DISCLOSED IN THE SCHOOL PARENT HANDBOOKS AND IN THE EMPLOYEE HANDBOOK. Schedule E, Part I, Line 6A KIPP COLORADO SCHOOLS ARE PUBLICLY FUNDED UNDER DENVER PUBLIC SCHOOLS. true Scholarships 44 320109 Schedule I, Part I, Line 2 GRANT MONITORING PROCESS: ALL SCHOLARSHIPS FOR STUDENTS ARE PROVIDED DIRECTLY TO THE COLLEGE THE STUDENT WILL BE ATTENDING. THE ORGANIZATION TRACKS THE PROGRESS OF STUDENTS BENEFITTING FROM THE SCHOLARSHIPS, INCLUDING INFORMATION REGARDING COLLEGE PERSISTENCE AND GRADUATION. THIS INFORMATION IS THEN COMPILED IN AN ANNUAL REPORT AND PROVIDED TO THE FOUNDATION THAT ORIGINALLY PROVIDED THE SCHOLARSHIP MONEY TO KIPP COLORADO SCHOOLS. X X X X false false false false false false false KIMBERLEE SIA CEO 139332 110 18362 7268 165072 Form 990, Part VI, Section B, line 11b PROCESS TO REVIEW THE FORM 990: THE TAX PREPARER PROVIDES THE DIRECTOR OF FINANCE WITH A COMPLETED 990 DRAFT FOR REVIEW. ONCE REVIEWED AND APPROVED BY THE DIRECTOR OF FINANCE, THE 990 DRAFT IS EMAILED TO THE ENTIRE BOARD OF DIRECTORS AND CHIEF EXECUTIVE OFFICER PRIOR TO FILING. THE BOARD OF DIRECTORS AND CHIEF EXECUTIVE OFFICER PROVIDE QUESTIONS AND/OR FEEDBACK TO THE DIRECTOR OF FINANCE, WHO SUBMITS ANY REQUESTED CHANGES TO THE TAX PREPARER. UPON APPROVAL BY THE CHIEF EXECUTIVE OFFICER AND THE BOARD TREASURER, THE 990 IS FILED. Form 990, Part VI, Section B, line 12c PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE CONFLICT OF INTEREST POLICY IS DISCLOSED AND REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND OFFICERS OF THE ORGANIZATION. EACH BOARD MEMBER AND OFFICER SIGNS AN ACKNOWLEDGEMENT FORM WITH A SECTION TO DISCLOSE ANY CONFLICTS. IN THE EVENT OF A CONFLICT OF INTEREST, THE INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD OF DIRECTORS, BUT AFTER SUCH PRESENTATION, HE/SHE WILL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE TRANSACTION THAT RESULTED IN THE CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE CORPORATION'S BEST INTEREST. Form 990, Part VI, Section B, line 15a REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: CEO COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. A NATIONAL BENCHMARKING STUDY, CONTAINING INFORMATION ON SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS, IS USED IN SETTING CEO COMPENSATION. THE COMPENSATION DECISION REACHED IS DOCUMENTED IN THE ORGANIZATION'S HUMAN RESOURCES FILES. Form 990, Part VI, Section B, line 15b REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION: THE COO'S AND CSO'S COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE CEO, USING A NATIONAL BENCHMARKING STUDY, CONTAINING INFORMATION ON SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS. THE COMPENSATION DECISIONS REACHED ARE DOCUMENTED IN THE ORGANIZATION'S HUMAN RESOURCES FILES. Form 990, Part VI, Section C, Line 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: THE ORGANIZATION'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part X, Line 33 RECONCILIATION TO GOVERNMENTAL FUND BALANCE: NET ASSETS REPORTED FOR FORM 990 PURPOSES DIFFER FROM GOVERNMENTAL REPORTING REQUIREMENTS UNDER GASB 68. A RECONCILIATION TO THE GOVERNMENT FUND IS OUTLINED BELOW: GOVERNMENTAL FUND BALANCE PER AUDITED FINANCIAL STATEMENTS 6,125,462 CAPITAL ASSETS USED IN GOVERNMENTAL ACTIVITIES ARE NOT 378,258 FINANCIAL RESOURCES AND THEREFORE ARE NOT REPORTED IN THE GOVERNMENTAL FUND. THE NET PENSION LIBAIBLITY IS NOT DUE AND PAYABLE IN THE (15,296,531) CURRENT PERIOD AND, THEREFORE IS NOT REPORTED IN THE GOVERNMENTAL FUND TOTAL NET ASSETS REPORTED ON FORM 990 (8,792,811) Form 990, Part XI, Line 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN PENSION LIABILITY DUE TO PROPORTIONATE SHARE OF NET PENSION LIABILITY (3,210,738)