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 203971209 KIPP NEW YORK INC KIPP 2129912600 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 ALICIA JOHNSON COO 2129912600 2015-05-08 1 STEVE ROSA CPA P00079667 2156433900 2013 2016-02-25 16:41:14Z ALICIA JOHNSON 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 18203373 0 X WWW.KIPPNYC.ORG X 2005 DE TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS. 7 7 513 25 0 0 23522321 11314231 4557599 6307477 40790 187436 31227 9101 28151937 17818245 268896 2987290 0 0 7536109 8575394 0 0 656717 2892112 4532382 10697117 16095066 17454820 1723179 42094366 53873247 3683181 13751148 38411185 40122099 TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS. 0 0 13901995 2987290 6307477 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. 13901995 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 99 0 1 513 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 PATRICK BRENNAN CHIEF OPERATING OFFICER 40.00 X 121340 0 4708 VICKI ZUBOVIC MANG. DIR. OF DEVELOPMENT 40.00 X 179911 0 14999 JANE DOWLING EXEC. DIRECTOR OF KTC 40.00 2.00 X 167104 0 16953 EDWARD LAUX MANG. DIR. OF TECHNOLOGY 40.00 X 175547 0 9259 CHARIZMA WILLIAMS MANG. DIR. OF FINANCE & AC 40.00 X 172812 0 13838 KERRY MULLINS MANG. DIR. OF HR & RECRUIT 40.00 X 158725 0 12751 AMBER FIELD DIR. OF TEACHER DEVELOPMEN 40.00 X 134665 0 12971 DEREK SMITH MANG. DIR. OF TEACHING & LEARNING 40.00 X 183691 0 16601 VICTOR ACOSTA MANG. DIR. OF FACILITIES 40.00 X 136845 0 18204 ALICIA JOHNSON MANG. DIR. OF OPERATIONS & DATA 40.00 X 135932 0 12846 ROSEANN SHEEHAN DIRECTOR 40.00 X 129064 0 8222 1695636 0 141352 11 0 1 0 0 1288787 2740385 145828 7139231 433765 11314231 SERVICES RENDERED 909999 6307477 6307477 6307477 155547 155547 256724 224835 31889 31889 31889 130330 1288787 160293 -29963 -29963 MISC REVENUE 900099 39064 39064 39064 17818245 6307477 0 196537 2600000 2600000 387290 387290 1180692 564650 420331 195711 6046493 5683746 362747 610255 529207 39627 41421 203463 194225 9238 534491 475624 20207 38660 34096 34096 23896 507 23389 1241784 1076551 137672 27561 294533 184557 104001 5975 234680 229885 2341 2454 900305 404735 495570 32611 30029 2582 167791 167791 220638 220638 113933 36106 77827 PROFESSIONAL DEVELOPMEN 411305 382527 28778 ALUMNI PROGRAMMING 189159 189159 CANDIDATE RECRUITING 185089 44348 140741 BAD DEBT EXPENSE 162686 162578 108 319876 337842 9084 -27050 16095066 13901995 1536354 656717 1433847 13495630 18434424 1962452 19632228 18386793 274387 82102 15820000 391471 593044 1393147 417214 1085773 975933 842236 2557293 42094366 53873247 380664 4378368 9220444 3302517 152336 3683181 13751148 X 18430532 23786221 19980653 16335878 38411185 40122099 42094366 53873247 1723179 -12265 0 X X 0 1 X 1 0 X X X X 0 0 0 KIPP ACADEMY CHARTER SCHOOL 113550982 LINE 2 1 1 1 2400000 KIPP AMP ACADEMY 202536991 LINE 2 1 1 1 0 KIPP INFINITY 202546890 LINE 2 1 1 1 200000 KIPP NYC PUBLIC CHARTER SCHOOL 300717988 LINE 2 1 1 1 0 4 2600000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 266885 35425 231460 1039037 363617 675420 87225 18172 69053 975933 DEFERRED RENT LIABILITY 152336 152336 X 18018923 -12265 52650 160293 200678 17818245 0 17818245 16308009 52650 160293 212943 16095066 0 16095066 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. THE ORGANIZATION'S TAX RETURNS FOR THE YEARS 2011, 2012, AND 2013 ARE OPEN FOR FEDERAL AND STATE TAX EXAMINATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 160,293. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 160,293. SIP FOR KIPP 50855 39185 11670 700 7400 1087 CASINO NIGHT 1362648 1246748 115900 18924 65562 54375 11357 2 5613 2853 2760 888 1419116 1288786 130330 19624 73850 54375 12444 160293 -29963 1 KIPP ACADEMY CHARTER SCHOOL 230 EAST 156TH STREET BRONX NY 10451 113550982 501 (C) (3) 2400000 OPERATIONS GRANTS KIPP INFINITY CHARTER SCHOOL 625 W 133RD STREET NEW YORK NY 10027 202536890 501 (C) (3) 200000 OPERATIONS GRANTS STIPENDS 523 296315 FMV SCHOLARSHIPS 7 14500 FMV SUPPORT 72 6570 FMV TUITION 39 69905 FMV X X X 0 0 0 0 0 0 0 0 0 VICKI ZUBOVIC MANG. DIR. OF DEVELOPMENT 169311 0 10000 0 600 0 9512 0 5487 0 194910 0 0 0 JANE DOWLING EXEC. DIRECTOR OF KTC 156604 0 10000 0 500 0 918 0 16035 0 184057 0 0 0 EDWARD LAUX MANG. DIR. OF TECHNOLOGY 165547 0 10000 0 0 0 0 0 9259 0 184806 0 0 0 CHARIZMA WILLIAMS MANG. DIR. OF FINANCE & AC 164412 0 8000 0 400 0 8351 0 5487 0 186650 0 0 0 KERRY MULLINS MANG. DIR. OF HR & RECRUIT 150725 0 8000 0 0 0 7666 0 5085 0 171476 0 0 0 DEREK SMITH MANG. DIR. OF TEACHING & LEARNING 178291 0 5400 0 0 0 3025 0 13576 0 200292 0 0 0 VICTOR ACOSTA MANG. DIR. OF FACILITIES 136845 0 0 0 0 0 6713 0 11491 0 155049 0 0 0 X 5 249816 FMV X EVENT TICKETS 1 102500 FMV X VARIOUS GOOD 53 19811 FMV X 250 2-CLASS P 1 18000 FMV X GIFT & DISCOU 1 7750 FMV X TRIAL MEMBERS 1 6250 FMV X BOOKS & TRAVE 1 4350 FMV X SPORTING EVEN 1 4200 FMV X LAPTOP CASES 1 4200 FMV X FRAMED PRINTS 1 4040 FMV X TROPHIES 1 4000 FMV X VACATION PACK 1 3500 FMV X DISCOUNT CARD 1 3000 FMV X DRINKS AND GL 1 2348 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 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. 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 9425459 5067915 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 1076773 1439315 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 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0