2017-04-14T18:51:29-05:00 2016-06-30 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2015-07-01 800037534 KIPP Colorado Schools % MICHAEL STIMPFEL KIPP 7203753237 1390 Lawrence Street Suite 200 Denver CO 80204 JEREMY O'GRADY COO 7203753237 2017-02-23 true Adam R Smith CPA P00958966 7194714290 2015 2021-01-29 14:40:06Z Kimberlee Sia 1390 Lawrence Street Suite 200 Denver CO 80204 17555626 false X wwww.kippcolorado.org X 2002 CO THE MISSION OF KIPP (KNOWLEDGE IS power PROGRAM) IS TO HELP STUDENTS DEVELOP THE KNOWLEDGE, SKILLS AND charac- ter TRAITS NEEDED TO SUCCEED IN COLLEGES and THE COMPETITIVE WORLD. 12 12 255 150 0 2976159 4539201 9626349 13007466 2124 2211 -16086 -32409 12588546 17516469 49856 180747 0 0 8714917 11728415 0 0 282434 4170351 5257256 12935124 17166418 -346578 350051 3930452 5538909 6996774 10060486 -3066322 -4521577 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 13372265 180747 13008165 TWO TRADITIONAL HIGH SCHOOLS (KIPP DENVER COLLEGIATE - BENEFITTING APPROXIMATELY 361 STUDENTS AND KIPP NORTHEAST DENVER LEADERSHIP ACADEMY BENEFITTING APPROXIMATELY 281 STUDENTS), TWO TRADITIONAL MIDDLE SCHOOLS (KIPP SUNSHINE PEAK ACADEMY - BENEFITTING APPROXIMATELY 380 STUDENTS, AND KIPP MONTBELLO COLLEGE PREP - BENEFITTING APPROXIMATELY 411 STUDENTS), AND ONE TRADITIONAL ELEMENTARY SCHOOL (KIPP MONTBELLO ELEMENTARY BENEFITTING APPROXIMATELY 245 STUDENTS) OFFERING SCHOOL SUBJECTS IN ENGLISH, MATH, SCIENCE AND HISTORY. 13372265 true true false false false false false false false false true false false false true false true false true false false false false false true false false false true true false false false false false false false false false false false false false false false false true 25 0 true 255 true false false false false false true true false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false CO X MICHAEL STIMPFEL 6269756845 1390 LAWRENCE ST STE 200 Denver CO 80204 ALICIA ECONOMOS BOARD CHAIR 2.0 0.0 X X 0 0 0 ELIZABETH SHAW BOARD VICE CHAIR THRU MAY 2016 2.0 0.0 X X 0 0 0 KENNETH JOEL TREASURER 2.0 0.0 X X 0 0 0 KATY ANTHES SECRETARY THRU MAY 2016 2.0 0.0 X X 0 0 0 POLLY BREIT DIRECTOR 2.0 0.0 X 0 0 0 DAN FRIESEN DIRECTOR 2.0 0.0 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 DIRECTOR 2.0 0.0 X 0 0 0 ERIK SCHMIDT DIRECTOR 2.0 0.0 X 0 0 0 NINA LOPEZ DIRECTOR 2.0 0.0 X 0 0 0 KIMBERLEE SIA EXECUTIVE DIRECTOR 50.0 0.0 X 144477 0 26352 JEREMY O'GRADY CHIEF OPERATIONS OFFICER 50.0 0.0 X 86215 0 18087 JENNY TAN CHIEF ACADEMIC OFFICER 50.0 0.0 X 133217 0 18816 Kurt Pusch Chief of Schools 50.0 0.0 X 103304 0 14416 CAROL BOWAR COO through February 2016 50.0 0.0 X 115156 0 16273 582369 0 93944 4 false true false 0 57586 1970867 2510748 4539201 PER PUPIL REVENUE 611710 11405734 11405734 DISTRICT MILL LEVY 611710 1461395 1461395 STUDENT FEES 611710 132235 132235 FOOD SERVICE 611710 8102 8102 13007466 2268 2268 0 0 0 0 0 57 -57 -57 -57 5992 57586 39100 -33108 -33108 0 0 MISCELLANEOUS REVENUE 900099 699 699 699 17516469 13008165 -30897 0 180747 180747 0 0 238705 238705 0 8198437 6570621 1470633 157183 2517167 1963052 507520 46595 569860 449961 109955 9944 204246 113866 81649 8731 0 6941 6941 59227 59227 0 0 0 362415 231652 130763 74172 18207 38540 17425 313078 239195 53026 20857 600240 571599 27695 946 0 1009695 878585 131110 184022 96307 87715 0 94997 53035 22247 19715 347 347 0 54022 54022 62990 62990 DISTRICT SERVICES 1030874 634185 396689 0 BOOKS & SUPPLIES 638587 624844 13743 STUDENT FOOD SERVICE 269137 269137 FIELD TRIPS & TRANSPORTATION 373866 373866 122646 49384 72224 1038 17166418 13372265 3511719 282434 1687775 2989159 905215 1419578 544636 508708 1542 0 0 0 0 0 0 0 0 0 11324 50434 1025153 454123 533461 571030 0 0 0 0 0 0 0 0 246499 0 3930452 5538909 483458 544408 0 0 320668 80000 0 0 0 0 0 0 23364 0 0 0 6169284 9436078 6996774 10060486 X 2592865 -5092607 510097 571030 -6169284 0 -3066322 -4521577 3930452 5538909 X 350051 -1805306 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 819767 360697 459070 205386 93426 111960 571030 0 NET PENSION LIABILITY 9436078 9436078 17555569 39100 39100 17516469 17516469 15804963 154055 154055 15650908 1515510 1515510 17166418 schedule d, part xi, line 2d REVENUE ON BOOKS, NOT ON RETURN FUNDRAISING EVENT EXPENSES CLASSED AS EXPENSE ON FINANCIAL STATEMENTS 39,100 schedule d, part xii, line 2D EXPENSE ON BOOKS, NOT ON RETURN: capital outlay treated as expenditure on governmental funds report 91,591 repayment of long-term debt treated as expenditure on governmental funds report 23,364 FUNDRAISING EVENT EXPENSES CLASSED AS EXPENSE ON FINANCIAL STATEMENTS 39,100 TOTAL 154,055 SCHEDULE D, PART XII, LINE 4B EXPENSE ON RETURN, NOT ON BOOKS: DEPRECIATION EXPENSE TREATED AS CAPITAL OUTLAY ON GOVERNMENTAL FUNDS REPORT 54,022 PENSION EXPENSE NOT REPORTED AS EXPENDITURE ON ON GOVERNMENTAL FUNDS REPORT 1,461,488 TOTAL 1,515,510 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 Growing Minds 63578 57586 5992 5580 12589 1515 19416 0 63578 57586 5992 5580 12589 1515 19416 39100 -33108 true Scholarships 20 180747 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 true false KIMBERLEE SIA EXECUTIVE DIRECTOR 130872 0 13500 0 105 0 19724 0 6628 0 170829 0 0 0 JENNY TAN CHIEF ACADEMIC OFFICER 133127 0 0 0 90 0 18715 0 101 0 152033 0 0 0 Schedule J, Part I, Line 4B NON-FIXED PAYMENTS: The KIPP Colorado Board of Directors approved a one-time, year-end bonus for Executive Director, Kimberlee Sia, based on her outstanding performance for several years. 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 EXECUTIVE DIRECTOR PRIOR TO FILING. THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR PROVIDE QUESTIONS AND/OR FEEDBACK TO THE DIRECTOR OF FINANCE, WHO SUBMITS ANY REQUESTED CHANGES TO THE TAX PREPARER. UPON APPROVAL BY THE EXECUTIVE DIRECTOR 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: EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE BOARD OF DIRECTORS. AN INFORMAL SURVEY OF EXECUTIVE DIRECTOR COMPENSATION AT SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS BY THE BOARD OF DIRECTORS WAS USED FOR COMPARABILITY PURPOSES. Form 990, Part VI, Section B, line 15b REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION: THE COO'S AND CAO'S COMPENSATION IS REVIEWED, APPROVED AND DOCUMENTED BY THE EXECUTIVE DIRECTOR. AN INFORMAL SURVEY OF COMPENSATION AT SIMILAR EDUCATIONAL EXEMPT ORGANIZATIONS WAS USED BY THE EXECUTIVE DIRECTOR FOR COMPARABILITY PURPOSES. 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 XI, Line 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN PENSION LIABILITY DUE TO PROPORTIONATE SHARE OF NET PENSION LIABILITY (1,805,306)