2016-04-18T00:00:00-05:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2014-07-01 050546103 KIPP PHILADELPHIA CHARTER SCHOOL KIPP 2152271728 2709 N BROAD STREET NO 4TH FL PHILADELPHIA PA 19132 BEN SPEICHER CEO 2152948596 2016-03-31 1 DAVE SEKERAK P01395497 2156433900 2014 2016-08-17 19:52:53Z MARC MANNELLA 2709 N BROAD STREET NO 4TH FL PHILADELPHIA PA 19132 19468834 0 X WWW.KIPPPHILADELPHIA.ORG X 2003 PA KIPP PHILADELPHIA IS AN OPEN-ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOL SERVING STUDENTS IN GRADES K THROUGH 12. 13 13 199 450 0 0 5975375 4441050 13500332 14932678 18 8 -40177 77976 19435548 19451712 180141 248238 0 0 11782866 13199038 0 0 252121 6456320 6701796 18419327 20149072 1016221 -697360 11264376 12158170 10871562 32394896 392814 -20236726 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 15135180 248238 14932678 KIPP PHILADELPHIA IS AN OPEN-ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOL SERVING STUDENTS IN GRADES K THROUGH 12. 15135180 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 36 0 199 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 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 5900 BALTIMORE AVE PHILADELPHIA PA 19143 JAY COEN GILBERT PRESIDENT 0.80 X X 0 0 0 SHELLY BEASER MEMBER 0.80 X 0 0 0 NADIRA HARRIS MEMBER 0.80 X 0 0 0 STEVE CASPER VICE PRESIDENT & TREASURER 0.80 X X 0 0 0 SUSAN HOLLENSTEIN MEMBER 0.80 X 0 0 0 DAVID REUTER MEMBER 0.80 X 0 0 0 HEATHER STEINMILLER MEMBER 0.80 X 0 0 0 ALLYSON ALIMANSKY MEMBER 0.80 X 0 0 0 GWEN COLEMAN MEMBER 0.80 X 0 0 0 DONALD BROWN MEMBER 0.80 X X 0 0 0 HELEN PUDLIN MEMBER 0.80 X 0 0 0 MANCY SCHARFF SECRETARY 0.80 X X 0 0 0 MIKE WANG MEMBER 0.80 X 0 0 0 MARC MANNELLA CEO 50.00 X 146899 0 46144 NATALIE WILTSHIRE COO 50.00 X 116135 0 43048 LIZETTE SUXO CHIEF PEOPLE OFFICER 50.00 X 123197 0 20378 BEN SPEICHER SCHOOL LEADER 50.00 X 109055 0 36744 AARON BASS SCHOOL LEADER 50.00 X 117195 0 27106 612481 0 173420 5 0 1 0 LINTON'S MANAGED SERVICES 2947 FELTON ROAD EAST NORRITON PA 19401 OUTSOURCED FOOD SERVICE PROGRAM SUPPLIER 745436 TEAM CLEAN INC 4747 SOUTH BROAD STREET BLDG 101 S PHILADELPHIA PA 19112 OUTSOURCED FACILITY MAINTENANCE AND CLEA 394021 ACS INTERNATIONAL RESOURCES PO BOX 579 CHADDS FORD PA 19317 OUTSOURCED IT SUPPORT AND PURCHASES 197835 KIPP FOUNDATION 135 MAIN STREET SUITE 1700 SAN FRANCISCO CA 94105 LICENSE FEE AND CERTAIN PROFESSIONAL DEV 151555 THERAPY SOURCE INC 5215 MILITA HILL ROAD SUITE A PLYMOUTH MEETING PA 19462 CERTAIN OUTSOURCED SPECIAL EDUCATION SER 138822 6 39032 270000 2620024 1511994 4441050 LOCAL SOURCES 900099 14932678 14932678 14932678 8 8 22921 39032 17122 5799 5799 OTHER MISC REVENUE 900099 72177 72177 72177 19451712 14932678 0 77984 248238 248238 385288 29783 334468 21037 8762944 7569515 1062624 130805 1920539 1649527 243020 27992 1439533 1252717 163678 23138 690734 583603 95997 11134 114 114 61446 5476 55970 56951 56951 449097 414346 34751 141529 108958 28477 4094 87511 49013 37588 910 39947 22662 13811 3474 1538104 22455 1499282 16367 271694 212530 52192 6972 762526 758526 4000 90000 90000 569933 569933 147271 147271 CONTRACTED EDUCATION SE 994575 806375 188200 0 CONTRACTED FOOD SERVICE 826775 788178 35471 3126 BOOKS, PERIODICALS, & S 396754 369093 24589 3072 EQUIPMENT 122208 103524 18684 145361 140661 4700 20149072 15135180 4761771 252121 1397806 1949617 10121 10125 1296781 1154770 25891 25411 261584 76555 9795846 2698345 7585102 7097501 687091 1844191 11264376 12158170 1422925 1317379 400000 400000 9048637 30677517 10871562 32394896 X 392814 -20236726 392814 -20236726 11264376 12158170 X -697360 -19932180 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7900576 1234176 6666400 1178512 965575 212937 716758 498594 218164 7097501 SECURITY DEPOSITS 96660 DUE FROM KIPP WEST PHILDELPHIA PREPARATORY SCHOOL 552932 DEFERRED OUTFLOWS 949599 DUE FROM KIPP ADMINISTRATIVE SERVICES CORPORATION 245000 1844191 CAPITAL LEASE OBLIGATION- DUE WITHIN ONE YEAR 57276 CAPITAL LEASE OBLIGATION- DUE BEYOND ONE YEAR 7761159 INTEREST PAYABLE 78449 INTEREST PAYABLE- CAPITAL LEASE 1241002 NET PENSION LIABILITY 19117000 DEFERRED INFLOWS 2422631 30677517 X 19468834 17122 17122 19451712 0 19451712 20166194 17122 17122 20149072 0 20149072 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 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. YOUNG FRIENDS BENEFITS 61953 39032 22921 3054 13353 715 61953 39032 22921 3054 13353 715 17122 5799 1 SCHOLARSHIPS- COLLEGE 161 248238 PART I, LINE 2: THE SCHOOL PROVIDES HIGH SCHOOL AND COLLEGE SCHOLARSHIPS TO KIPP ALUMNI. GRANTS ARE AWARDED BY A COMMITTEE AND RECIPIENTS ARE SPECIFICALLY IDENTIFIED. 0 0 0 0 0 0 0 0 0 MARC MANNELLA CEO 146899 0 0 0 0 0 27489 0 18655 0 193043 0 0 0 NATALIE WILTSHIRE COO 116135 0 0 0 0 0 22367 0 20681 0 159183 0 0 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 11 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 BOARD APPROVES THE COMPENSATION. 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 XI, LINE 9: PRIOR PERIOD ADJUSTMENT - IMPLEMENTATION OF GASB 68 STANDARD -19,932,180. FORM 990, PART XI, LINE 9: DURING THE FISCAL YEAR ENDED JUNE 30, 2015, THE SCHOOL IMPLEMENTED GASB ISSUED STATEMENT NO. 68, ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS. THE PURPOSE OF THE GASB STATEMENT IS TO ENSURE THAT ALL FUTURE ACTUARIALLY CALCULATED PENSION OBLIGATIONS ARE APPROPRIATELY REFLECTED ON THE ENTITY-WIDE FINANCIAL STATEMENTS INCLUDING THE SCHOOL'S PROPORTIONAL SHARE OF THE ACTUARIAL VALUATION OF THE NET PENSION OBLIGATION OF THE PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (PSERS). AS A RESULT, THE SCHOOL WAS REQUIRED TO RECORD A PREVIOUSLY UNREPORTED NET PENSION LIABILITY WHICH RESULTED IN A SIGNIFICANT DECREASE IN NET ASSETS AS OF JULY 1, 2014. THE IMPLEMENTATION OF THE NEW GASB IS NOT A REFLECTION OF THE SCHOOL'S ABILITY TO OPERATE EFFECTIVELY AND MEET CURRENT OBLIGATIONS. KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL 5900 BALTIMORE AVE 2ND FLOOR PHILADELPHIA PA 19143 261970577 PUBLIC CHARTER SCHOOL PA 501(C)(3) SCHOOL N/A 0 KIPP ADMINISTRATIVE SERVICES CORPORATION 5900 BALTIMORE AVE ROOM 209 PHILADELPHIA PA 19143 452384209 EITC GRANT SOLICITING AND DISBURSING PA 501(C)(3) SCHOOL N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL L 589006 SIGNED WRITTEN AGREEMENT KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL P 43732 SUPPORTING EXPENSES KIPP ADMINISTRATIVE SERVICES CORPORATION S 270000 SIGNED WRITTEN AGREEMENT KIPP ADMINISTRATIVE SERVICES CORPORATION S 25000 SIGNED WRITTEN AGREEMENT