2016-01-21T09:50:27-06:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2014-07-01 203971209 KIPP NEW YORK INC KIPP 2129912600 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 CHARIZMA WILLIAMS CFO 2129912600 2016-01-19 1 DAVE SEKERAK P01395497 2156433900 2014 2016-04-25 22:37:26Z ALICIA JOHNSON 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 17504835 0 X WWW.KIPPNYC.ORG X 2005 DE TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS. 7 7 723 75 0 0 11314231 9130816 6307477 7778396 187436 477667 9101 -55598 17818245 17331281 2987290 1515450 0 0 8575394 10457957 0 0 778276 4532382 3711754 16095066 15685161 1723179 1646120 53873247 50230998 13751148 8462779 40122099 41768219 TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS. 0 0 14109620 1515450 7778396 TO PROVIDE SUPPORT TO KIPP NYC SCHOOLS. TO SOLICIT, RAISE, RECEIVE, HOLD, INVEST & EXPEND FUNDS FOR THE ADVANCEMENT AND FURTHERANCE OF SUCH PURPOSES AND TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES IN THE FURTHERANCE OF THE FOREGOING PURPOSES. 14109620 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 113 0 723 1 0 0 0 0 0 1 1 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CHARIZMA WILLIAMS 2129912610 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 LARRY ROBBINS CHAIRMAN & TRUSTEE 2.00 X X 0 0 0 THOMAS J TISCH TRUSTEE 2.00 X 0 0 0 AMY GRIFFIN TRUSTEE 2.00 X 0 0 0 DAVID J LEVIN VICE-CHAIR & TRUSTEE 2.00 X X 0 0 0 DWIGHT SCOTT TRUSTEE 2.00 X 0 0 0 STANLEY ALADI TRUSTEE 2.00 X 0 0 0 VALERIE LACASTER-BEAL TRUSTEE 2.00 X 0 0 0 CHARIZMA WILLIAMS CHIEF FINANCIAL OFFICER (AS OF 6/15) 40.00 X 190201 0 15315 PATRICK BRENNAN CHIEF OPERATING OFFICER (FORMER) 40.00 X 217724 0 13332 ALICIA JOHNSON CHIEF OPERATING OFFICER (AS OF 3/15) 40.00 X 155917 0 14306 VICKI ZUBOVIC MANG. DIR. OF DEVELOPMENT 40.00 X 186326 0 15553 JANE DOWLING EXEC. DIRECTOR OF KTC 40.00 X 166960 0 20330 EDWARD LAUX MANG. DIR. OF TECHNOLOGY 40.00 X 186048 0 14346 KERRY MULLINS MANG. DIR. OF HR & RECRUIT 40.00 X 165788 0 14899 AMBER FIELD DIR. OF TEACHER DEVELOPMEN 40.00 X 140625 0 7683 DEREK SMITH MANG. DIR. OF STUDENT SUPPORT SERVICES 40.00 X 182457 0 24412 VICTOR ACOSTA MANG. DIR. OF FACILITIES 40.00 X 158202 0 30376 ROSEANN SHEEHAN DIRECTOR 40.00 X 130399 0 12284 KATE SUSSMAN DIRECTOR 40.00 X 134542 0 0 2015189 0 182836 12 0 1 0 0 3861535 36894 5232387 222447 9130816 SERVICES RENDERED 909999 7778396 7778396 7778396 477667 477667 106500 3861535 173554 -67054 -67054 MISC REVENUE 900099 11456 11456 11456 17331281 7778396 0 422069 1000000 1000000 515450 515450 571812 343882 218278 9652 8166211 7327423 265378 573410 247001 220780 8202 18019 821068 740051 22489 58528 651865 579808 26652 45405 141298 398 140900 33348 1898 31450 818338 807341 5616 5381 61095 42551 3238 15306 386666 374356 7657 4653 378624 378335 289 4096 4096 296141 296141 246109 246109 83710 54829 28881 PROFESSIONAL DEVELOPMEN 609827 535867 36752 37208 CANDIDATE RECRUITING 285371 280381 4990 DONATED MATERIALS 94442 94442 ALUMNI PROGRAMMING 82277 82277 190412 183205 1483 5724 15685161 14109620 797265 778276 13495630 15902786 1962452 2215781 18386793 12647211 82102 586414 15820000 15820000 593044 400093 1552739 663323 975933 889416 2557293 1769297 53873247 50230998 4378368 872745 15096 9220444 7411031 152336 163907 13751148 8462779 X 23786221 30884652 16335878 10883567 40122099 41768219 53873247 50230998 1646120 0 X X 0 1 X 1 0 X X X 4 KIPP ACADEMY CHARTER SCHOOL 113550982 2 1 500000 0 KIPP AMP ACADEMY 202536991 2 1 0 0 KIPP INFINITY 202546890 2 1 500000 0 KIPP NYC PUBLIC CHARTER SCHOOL 300717988 2 1 0 0 4 1000000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: THE COO & CFO, WHO ARE EMPLOYEES OF THIS ORGANIZATION, MANAGE EACH OF THE SUPPORTING ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 340879 74059 266820 1124635 562369 562266 87225 26895 60330 889416 DEFERRED RENT LIABILITY 163907 163907 X 17504835 173554 173554 17331281 0 17331281 15858715 173554 173554 15685161 0 15685161 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND APPLICABLE INCOME TAX REGULATIONS OF THE STATE OF NEW YORK. NO PROVISION FOR INCOME TAXES HAS BEEN ESTABLISHED, AS THE ORGANIZATION HAS NO UNRELATED BUSINESS ACTIVITY. BECAUSE THE ORGANIZATION IS THE SOLE MEMBER OF THE LLC AND KTC, THE LLC AND KTC WILL BE TREATED AS DISREGARDED ENTITIES FOR TAX PURPOSES AND THEREFORE THEIR ACTIVITIES ARE COMBINED WITH THE ORGANIZATION AND REPORTED AS ONE. THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 173,554. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 173,554. CASINO NIGHT 3906259 3813859 92400 20000 67812 45875 19595 SIP FOR KIPP 57961 44991 12970 4250 13000 2172 1 3815 2685 1130 850 3968035 3861535 106500 25100 80812 45875 21767 173554 -67054 1 KIPP ACADEMY CHARTER SCHOOL 230 EAST 156TH STREET BRONX NY 10451 113550982 501 (C) (3) 500000 OPERATIONS GRANTS KIPP INFINITY CHARTER SCHOOL 625 W 133RD STREET NEW YORK NY 10027 202536890 501 (C) (3) 500000 OPERATIONS GRANTS 2 0 STIPENDS 621 378498 FMV SCHOLARSHIPS 14 45746 FMV SUPPORT 15 46254 FMV TUITION 38 44952 FMV X X X 0 0 0 0 0 0 0 0 0 CHARIZMA WILLIAMS CHIEF FINANCIAL OFFICER (AS OF 6/15) 181201 0 9000 0 0 0 8750 0 6565 0 205516 0 0 0 PATRICK BRENNAN CHIEF OPERATING OFFICER (FORMER) 210374 0 7350 0 0 0 0 0 13332 0 231056 0 0 0 ALICIA JOHNSON CHIEF OPERATING OFFICER (AS OF 3/15) 148667 0 7250 0 0 0 7741 0 6565 0 170223 0 0 0 VICKI ZUBOVIC MANG. DIR. OF DEVELOPMENT 177727 0 8599 0 0 0 8988 0 6565 0 201879 0 0 0 JANE DOWLING EXEC. DIRECTOR OF KTC 160810 0 5950 0 200 0 853 0 19477 0 187290 0 0 0 EDWARD LAUX MANG. DIR. OF TECHNOLOGY 177595 0 8453 0 0 0 0 0 14346 0 200394 0 0 0 KERRY MULLINS MANG. DIR. OF HR & RECRUIT 157788 0 8000 0 0 0 7740 0 7159 0 180687 0 0 0 DEREK SMITH MANG. DIR. OF STUDENT SUPPORT SERVIC 182457 0 0 0 0 0 3163 0 21249 0 206869 0 0 0 VICTOR ACOSTA MANG. DIR. OF FACILITIES 153918 0 4284 0 0 0 11500 0 18876 0 188578 0 0 0 X 4 128005 FMV X SPORTING EVENT TICKETS 4 40565 FMV X EVENT TICKETS AND EXPERIENCES 15 28820 FMV X GIFT & DISCOUNT CARDS 8 10260 FMV X MERCHANDISE 26 10019 FMV X VACATION PACKAGES 1 3000 FMV X CLASS PASSES 5 1368 FMV X SUBSCRIPTIONS 2 410 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF OUR ANNUAL AUDIT PROCESS, WE REVIEW ALL TRANSACTIONS TO CONFIRM THE ABSENCE OF ANY POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OR POTENTIAL CONFLICT IS IDENTIFIED, THE BOARD'S INDEPENDENT DIRECTORS REVIEW THE TRANSACTION IN QUESTION TO DETERMINE ITS PROPRIETY, ITS IMPACT ON THE ORGANIZATION AND THE AVAILABILITY OF, AND NEED FOR, ANY CORRECTIVE MEASURES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S AND RELATED ORGANIZATION'S DETERMINATION OF COMPENSATION FOR THE SUPERITENDENT, COO, MANAGING DIRECTOR AND PRINCIPAL POSITIONS ARE BASED ON COMPENSATION SURVEYS, RELATED MARKET RESEARCH, AND EVALUATION OF PERFORMANCE EXPERIENCE. COMPENSATION FOR THE AFORMENTIONED POSITIONS ARE APPROVED BY THE BOARD OF THE RESPECTIVE ORGANIZATIONS. THE MOST RECENT REVIEW WAS COMPLETED IN 2014. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. IT IS ALSO AVAILABLE AT WWW.GUIDESTAR.COM, A PUBLIC WEBSITE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT PROVIDES OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENT AND THE SELECTION OF AN INDEPENDENT AUDITOR. KIPP NYC LLC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 264180710 PROVIDE SUPPORT SERVICES TO KIPP NYC SCHOOLS AND PROGRAMS NY 11815992 5588548 KIPP NEW YORK INC KTC NYC LLC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 203971209 PROVIDE ACADEMIC AND FINANCIAL SUPPORT TO KIPP NYC ALUMNI NY 4120676 2451658 KIPP NEW YORK INC KIPP ACADEMY CHARTER SCHOOL 250 EAST 156TH STREET BRONX NY 10451 113550982 CHARTER SCHOOL NY 501 (C) (3) 2 N/A 0 KIPP AMP ACADEMY CHARTER SCHOOL 1224 PARK PLACE BROOKLYN NY 11213 202536991 CHARTER SCHOOL NY 501 (C) (3) 2 N/A 0 KIPP INFINITY CHARTER SCHOOL 625 W 133RD STREET NEW YORK NY 10027 202536890 CHARTER SCHOOL NY 501 (C) (3) 2 N/A 0 KIPP NYC PUBLIC CHARTER SCHOOL 433 W 123RD STREET NEW YORK NY 10027 920178305 CHARTER SCHOOL NY 501 (C) (3) 2 N/A 0 KIPP NYC FACILITY HOLDINGS INC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 463090135 DEVELOP, MANAGE AND LEASE PUBLIC SCHOOL FACILITIES NY 501 (C) (3) 11B N/A 0 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0