2018-04-24T17:26:41-05:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2016-07-01 680502820 KIPP MEMPHIS KIPP 9014522682 2670 UNION AVENUE EXTENDED NO 1100 MEMPHIS TN 381124430 KENDRA FERGUSON EXECUTIVE DIRECTOR 9014522682 2018-04-23 1 WADE MCMULLEN CPA P00541671 6268577300 2018-04-03 67.137.57.251 2018-04-23 10:38:29 PD P FE681536BB282677551256C729262022EF538507 B657E48D7A2DC23820C0F588391190993077E901 2016 2021-01-29 14:40:06Z KENDRA FERGUSON 2670 UNION AVENUE EXTENDED NO 1100 MEMPHIS TN 381124430 33057710 0 X WWW.KIPPMEMPHIS.ORG X 2008 TN KIPP MEMPHIS IS THE OPERATING ENTITY OF KIPP COLLEGIATE MIDDLE SCHOOL, KIPP COLLEGIATE HIGH SCHOOL, KIPP COLLEGIATE ELEMENTARY SCHOOL, KIPP ACADEMY MIDDLE SCHOOL, KIPP ACADEMY ELEMENTARY SCHOOL, AND KIPP PREPARATORY MIDDLE SCHOOL, PUBLIC CHARTER SCHOOLS. 11 11 429 25 0 0 29613183 32997242 0 0 0 0 99972 60468 29713155 33057710 0 0 0 0 16880899 19658902 0 0 0 9736319 9880633 26617218 29539535 3095937 3518175 12435583 14232927 6216599 4495768 6218984 9737159 KIPP MEMPHIS IS THE OPERATING ENTITY OF KIPP COLLEGIATE MIDDLE SCHOOL, KIPP COLLEGIATE HIGH SCHOOL, KIPP COLLEGIATE ELEMENTARY SCHOOL, KIPP ACADEMY MIDDLE SCHOOL, KIPP ACADEMY ELEMENTARY SCHOOL, AND KIPP PREPARATORY MIDDLE SCHOOL, PUBLIC CHARTER SCHOOLS. 0 0 25880765 CHARTER SCHOOL OPERATION: TO PROVIDE INNER-CITY YOUTH COLLEGE-PREPARATORY PUBLIC EDUCATION WITH EMPHASIS ON STRONG ACADEMICS, CHARACTER DEVELOPMENT, AND SUPPORT WITH THE COLLEGE ADMISSIONS PROCESS. 25880765 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 76 0 1 429 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X GIA STOKES 9014522682 2670 UNION AVENUE EXTENDED SUITE MEMPHIS TN 38112 JIM BOYD CHAIR 2.00 X X 0 0 0 CHARLES GERBER SECRETARY 2.00 X X 0 0 0 GREG THOMPSON TREASURER 2.00 X X 0 0 0 RHOMES AUR MEMBER 2.00 X 0 0 0 MICHELLE ARMSTRONG MEMBER 2.00 X 0 0 0 BARBARA HYDE MEMBER 2.00 X 0 0 0 HOLLY COLEMAN MEMBER 2.00 X 0 0 0 RYAN GIBBS MEMBER 2.00 X 0 0 0 TRAVIS GREEN MEMBER 2.00 X 0 0 0 SARAH LOCKRIDGE-STRECKER MEMBER 2.00 X 0 0 0 SIMONE MEEKS MEMBER 2.00 X 0 0 0 KELLY WRIGHT EXECUTIVE DIRECTOR 50.00 X 123617 0 12048 DAVID BARCZAK CFO 50.00 X 123834 0 18838 CHRISTY HARRIS CAO 50.00 X 0 0 0 GRETCHEN DODSON COO 50.00 X 102944 0 16538 TERRENCE JOHNSON CAO 50.00 X 104181 0 14987 KENDRA FERGUSON EXECUTIVE DIRECTOR 50.00 X 0 0 0 ANDREW BOBOWSKI SCHOOL LEADER 50.00 X 115291 0 14680 569867 0 77091 5 0 1 0 ACR COACH PO BOX 1882 STARKVILLE MS 39760 TRANSPORTATION 838861 1 28793914 4203328 32997242 OTHER REVENUE 900099 60468 60468 60468 33057710 60468 0 0 662897 331171 331726 15409099 13343183 2065916 1185877 1018786 167091 1173368 1006624 166744 1227661 1052620 175041 39892 39892 1946246 1678508 267738 76023 18722 57301 1917858 1740215 177643 2211112 2109871 101241 71635 29342 42293 922005 856953 65052 95087 89458 5629 FOOD SERVICES 1833248 1822571 10677 INSTRUCTIONAL MATERIALS 518497 509130 9367 DUES AND MEMBERSHIPS 447914 445772 2142 GASB PENSION ADJUSTMENT -665417 -665417 466533 453364 13169 29539535 25880765 3658770 0 4235785 6298535 1530183 2245068 14750 1672461 699223 1241455 973238 5428160 4701336 12435583 14232927 923463 1019873 5293136 3475895 6216599 4495768 X 6218984 9737159 0 0 0 0 6218984 9737159 12435583 14232927 3518175 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1672461 699223 973238 973238 DEFERRED OUTFLOWS PENSION 4701336 4701336 GRANT ADVANCES AND LOANS 750000 DEFERRED INFLOWS PENSION 2361720 NET PENSION LIABILITY 364175 3475895 X 33057710 0 33057710 0 33057710 29539535 0 29539535 0 29539535 PART X, LINE 2: THE SCHOOL HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE (IRC). AS AN EXEMPT CORPORATION, THE SCHOOL MUST OPERATE IN CONFORMITY WITH THE IRC IN ORDER TO MAINTAIN ITS TAX-EXEMPT STATUS. THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX. THE SCHOOL EVALUATES THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE SCHOOL HAS DETERMINED THAT THE APPLICATION OF THE INCOME TAX STANDARD DOES NOT IMPACT THE OPERATIONS OF THE SCHOOL AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2014. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE CHARTER MAKES ITS NONDISCRIMINATORY POLICY KNOWN THROUGH ITS WEBSITE AND ON THE STUDENTS' APPLICATIONS. THE CHARTER DRAWS ITS STUDENTS FROM THE LOCAL COMMUNITY, AND CURRENTLY ENROLLS STUDENTS FROM VARIOUS RACIAL MINORITY GROUPS. SCHEDULE E, PART I, LINE 4 SCHOLARSHIPS AND FINANCIAL ASSISTANCE AWARDS INFORMATION IS NOT APPLICABLE BECAUSE THERE IS NO COST TO STUDENTS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES GRANTS FROM THE US DEPARTMENT OF EDUCATION, TENNESSEE DEPARTMENT OF EDUCATION, AND SHELBY COUNTY SCHOOLS. ADDITIONALLY, CHARTER IS ELGIBLE FOR LOCAL, STATE, AND FEDERAL PROGRAMS. X X X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY PERIODICALLY HAVING EMPLOYEES UPDATE CONFLICT OF INTEREST FORMS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF ALL KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS.THE PROCESS FOR DETERMINING THE COMPENSATION OF ALL KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.