2015-05-12T07:55:10-05:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2013-07-01 113550982 KIPP ACADEMY CHARTER SCHOOL KIPP 2129912600 250 EAST 156TH STREET 4TH FLOOR NEW YORK NY 104514722 JOSH ZOIA SUPERINTENDENT 2129912600 2015-05-08 1 STEVE ROSA CPA P00079667 2156433900 2013 2016-03-07 17:11:31Z JOSH ZOIA 250 EAST 156TH STREET 4TH FLOOR NEW YORK NY 104514722 19265089 0 X WWW.KIPPNYC.ORG X 1995 NY OPERATE AND MAINTAIN A PUBLIC SCHOOL CHARTERED BY THE NEW YORK STATE BOARD OF REGENTS. 8 6 121 229 0 0 1287952 4230430 12557087 15034233 392 426 -530 0 13844901 19265089 0 2740385 0 0 10172369 12589633 0 0 0 3516472 4950154 13688841 20280172 156060 -1015083 4820853 5457946 266397 1918573 4554456 3539373 X KIPP ACADEMY CHARTER SCHOOL'S MISSION IS TO TEACH STUDENTS TO DEVELOP THE ACADEMIC AND CHARACTER SKILLS NECESSARY FOR SUCCESS IN HIGH SCHOOL AND COLLEGE, TO BE SELF-SUFFICIENT IN THE COMPETITIVE WORLD BEYOND, AND TO BUILD A BETTER TOMORROW FOR THEMSELVES AND US ALL. 1 0 18504639 2740385 15034233 OPERATION OF THE CHARTER SCHOOL FOR 1,166 STUDENTS ATTENDING GRADES K THROUGH 12. 18504639 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 121 1 0 0 0 0 0 0 0 0 0 0 X 8 6 0 1 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 DAVID B MASSEY CHAIRMAN & TRUSTEE 2.00 8.00 X X 0 0 0 WHITNEY TILSON TRUSTEE 2.00 X 0 0 0 LISA BLAU TRUSTEE 2.00 X 0 0 0 RAFAEL MAYER TREASURER & TRUSTEE 2.00 8.00 X X 0 0 0 GWENDOLYN BRUNSON TRUSTEE 2.00 X 0 0 0 STEPHANIE COLEMAN TRUSTEE 2.00 X 0 0 0 PHILIP MACTAGGART TRUSTEE 2.00 X 0 0 0 DAWN PALO TRUSTEE 2.00 2.00 X 0 0 0 FRANCIS CORCORAN PRINCIPAL 40.00 X 159193 0 21416 CAROLYN PETRUZIELLO PRINCIPAL 40.00 X 151510 0 35008 NATALIE WEBB MANG. DIR. & PRINCIPAL 15.00 25.00 X 62893 103921 16144 JOSH ZOIA SUPERINTENDENT 10.00 30.00 X 60155 186654 26537 PATRICK BRENNAN CHIEF OPERATING OFFICER 1.00 40.00 X 0 121340 4708 MITCHELL BRENNER ASSISTANT PRINCIPAL 40.00 X 125853 0 22224 JEROME MEYERS ADVISOR 13.00 27.00 X 46269 100092 0 BARBARA DEPESA ASSISTANT PRINCIPAL 13.00 27.00 X 45666 98641 22251 HUGH CHEN DEAN 13.00 27.00 X 38524 83015 25341 CARLOS CAPELLAN ASSISTANT PRINCIPAL 13.00 27.00 X 41331 88958 8506 731394 782621 182135 3 0 1 0 KIPP NEW YORK LLC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10027 MANAGEMENT FEE 1744678 1 425 2400000 1219092 610913 73690 4230430 STATE/LOCAL PER PUPIL REVENUE 900099 14924436 14924436 STUDENT ACTIVITIES 900099 109797 109797 15034233 426 426 0 425 0 0 19265089 15034233 0 426 2740385 2740385 596073 596073 9174987 9174987 942872 942872 1094923 1094923 780778 780778 1744678 1744678 30855 30855 575715 575715 327476 327476 567726 567726 64080 64080 184737 184737 SUPPLIES 461080 461080 FIELD LESSONS 195395 195395 ACADEMIC PROGRAMMING 190926 190926 STAFF DEVELOPMENT 145268 145268 462218 462218 20280172 18504639 1775533 0 2842316 1578090 2218879 178232 221380 126480 227806 1804371 1592580 173825 211791 1500000 1000000 4820853 5457946 147634 234310 118763 1684263 266397 1918573 X 4537306 3528220 17150 11153 4554456 3539373 4820853 5457946 -1015083 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 25019 0 1 0 25019 0 PART II-B, LINE 1: LOCAL AND STATE ADVOCACY ACTIVITIES IN SUPPORT OF EDUCATION POLICIES THAT BENEFIT FAMILIES IN NEW YORK CITY'S UNDERSERVED COMMUNITIES. 66530 4532 61998 1681745 1548968 132777 56096 39080 17016 211791 RELATED ENTITIES RECEIVABLE 1000000 1000000 REFUNDABLE ADVANCES 1244 DUE TO RELATED PARTIES 1683019 1684263 X 19265189 100 100 19265089 0 19265089 20280272 100 100 20280172 0 20280172 PART X, LINE 2: THE SCHOOL 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 SCHOOL HAS NO RELATED BUSINESS ACTIVITY. THE SCHOOL 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 CERTAIN TO BE REALIZED. THIS STANDARD HAS NO IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS FOR THE YEARS 2011, 2012, AND 2013 ARE OPEN FOR FEDERAL AND STATE TAX EXAMINATIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IN PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS, THE SCHOOL INCLUDES ITS NON-DISCRIMINATION POLICY, WHICH STATES: "THE SCHOOL SHALL NOT DISCRIMINATE AGAINST ANY STUDENT ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY." SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FEDERAL FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION. 0 KIPP NYC FACILITY HOLDINGS INC 470 SEVENTH AVENUE 10TH FLOOR NEW YORK NY 10018 463090135 501 (C)(3) 2740385 FMV BUILDING DONATION OF BUILDING X X X 0 0 0 0 0 0 0 0 0 FRANCIS CORCORAN PRINCIPAL 152963 0 5730 0 500 0 15860 0 5556 0 180609 0 0 0 CAROLYN PETRUZIELLO PRINCIPAL 138093 0 12317 0 1100 0 20569 0 14439 0 186518 0 0 0 NATALIE WEBB MANG. DIR. & PRINCIPAL 56813 94357 5869 9325 211 239 3993 6757 2069 3325 68955 114003 0 0 JOSH ZOIA SUPERINTENDENT 57820 178989 2195 7205 140 460 2563 7887 3929 12158 66647 206699 0 0 BARBARA DEPESA ASSISTANT PRINCIPAL 45582 98475 0 0 84 166 5350 11655 1659 3587 52675 113883 0 0 X BOOKS & SOFTW 1 73690 0 0 0 FORM 990, PART III, LINE 2 THE ORGANIZATION ADDED 4TH GRADE TO GRADES BEING SERVED. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A SERVICE AGREEMENT WITH KIPP NYC, LLC (A DISREGARDED ENTITY OF KIPP NEW YORK, INC), A RELATED ENTITY WHICH PROVIDES OPERATIONAL AND ADMINISTRATIVE SUPPORT TO THE SCHOOL. INCLUDED IN THESE SERVICES PROVIDED ARE HUMAN RESOURCES, TECHNOLOGY, DATA, OPERATIONS, FINANCE AND ACCOUNTING, RECUITING, FUNDRAISING, INSTRUCTIONAL TRAINING AND PROGRESS MONITORING. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF TRUSTEES 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. WE ALSO REQUIRE TRUSTEES TO ANNUALLY COMPLETE DISCLOSURE FORMS DETAILING ANY TRANSACTIONS THAT MAY PRESENT POTENTIAL CONFLICTS OF INTEREST. THESE SIGNED DISCLOSURES ARE MAINTAINED BY THE ORGANIZATION AND ARE ALSO SUBMITTED TO THE DEPARTMENT OF EDUCATION OF NEW YORK STATE. IF A CONFLICT OR POTENTIAL CONFLICT IS IDENTIFIED, THE BOARD'S INDEPENDENT TRUSTEES 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 2013. 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. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZAION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE AN INDEPENDENT AUDITOR. KIPP NEW YORK INC 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 203971209 SUPPORT OF KIPP NYC SCHOOLS/PROGRAMS NY 501(C)(3) 11B 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 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0