2014-05-13T11:11:13-05:00 2013-06-30 141567343 MARVIN AND COMPANY PC 11 BRITISH AMERICAN BLVD LATHAM NY 121101405 990 2012-07-01 201347748 KIPP TECH VALLEY CHARTER SCHOOL KIPP 5187011909 1 DUDLEY HEIGHTS ALBANY NY 12210 DUSTIN T MITCHELL 5187011909 2014-05-12 1 KARL F NEWTON CPA P00708967 5187850134 2012 2015-11-30 17:44:51Z JOHN P REILLY 1 DUDLEY HEIGHTS ALBANY NY 12210 4721043 0 X WWW.KIPPTECHVALLEY.ORG X 2006 NY KIPP TECH VALLEY IS A TUITION FREE COLLEGE PREPARATORY PUBLIC MIDDLE SCHOOL LOCATED IN ALBANY, NY. BY PROVIDING A SAFE, STRUCTURED AND SUPPORTIVE LEARNING ENVIRONMENT FOR EVERY CHILD, KIPP TECH VALLEY WILL HELP EACH STUDENT ACQUIRE AND APPLY THE KNOWLEDGE, SKILLS, AND CHARACTER HABITS NECESSARY TO SUCCEED IN HIGH SCHOOL, COLLEGE AND BEYOND. 5 5 57 0 0 0 366063 420260 4203744 4300783 0 0 0 0 4569807 4721043 0 0 0 0 2419328 2812663 0 0 0 1317539 2016964 3736867 4829627 832940 -108584 1558956 9859812 227782 8637222 1331174 1222590 THE SCHOOL'S PRIMARY PURPOSE IS TO PREPARE STUDENTS FOR FUTURE OPPORTUNITIES. 0 0 2538240 4418514 REGULAR SCHOOL PROGRAM PROVIDES EDUCATIONAL PROGRAMS FOR GRADES 5-8. APPROXIMATELY 299 STUDENTS SERVED. 222878 80957 SPECIAL EDUCATION PROGRAM - PROVIDES CHILDREN WITH SPECIAL NEEDS WITH APPROPRIATELY BASED EDUCATIONAL ASSISTANCE. APPROXIMATELY 13 STUDENTS SERVED. 638460 202592 OTHER PROGRAMS - FIELD TRIPS, TRANSPORTATION, AND NUTRITIONAL PROGRAMS FOR STUDENTS IN GRADES 5-8. 3399578 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 57 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 X DUSTIN T MITCHELL 5187011909 1 DUDLEY HEIGHTS ALBANY NY 12210 KELLY KIMBROUGH 1.00 X 0 0 0 CARL YOUNG 1.00 X 0 0 0 JOHN P REILLY 1.00 X 0 0 0 JASON DIGIANNI 1.00 X 0 0 0 ERIC H BURNETT 1.00 X 0 0 0 DUSTIN MITCHELL 67.00 X 115388 0 13527 115388 0 13527 1 0 0 0 DURHAM SCHOOL SERVICE 830 S PEARL STREET ALBANY NY 12202 TRANSPORTATION 215892 BRIGHTER CHOICE FOUNDATION 395 ELK STREET ALBANY NY 12206 SCHOOL'S LANDLORD 167855 2 420260 420260 FEES AND CONTRACT FROM 900099 4281803 4281803 OTHER REVENUE 900099 18980 18980 4300783 4721043 4300783 0 0 151579 151579 2146347 1620667 525680 94913 73083 21830 202422 152845 49577 217402 154687 62715 10812 10812 30390 30390 68833 68833 258570 240126 18444 13950 13950 303120 281498 21622 123465 114658 8807 28409 19378 9031 BAD DEBTS 279887 279887 TRANSPORTATION 229642 229642 REPAIRS AND MAINTENANCE 119473 110950 8523 FOOD PROGRAM 119156 119156 431257 282888 148369 4829627 3399578 1430049 0 673175 814245 175529 57616 56294 9609 7774210 527839 57856 7246371 773126 596102 958845 1558956 9859812 227782 231075 6147 8400000 227782 8637222 X 1331174 1222590 1331174 1222590 1558956 9859812 -108584 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2105892 2105892 5174814 71872 5102942 139386 139385 1 354118 316582 37536 7246371 BOND TRUST ACCOUNTS, RESTRICTED 773126 F 773126 DUE FROM SCHOOL DISTRICTS 527519 DUE FROM OTHER 9676 DEFERRED FINANCING COST, NET 417940 OTHER 3710 958845 X 4721043 0 4721043 0 4721043 4829627 0 4829627 0 4829627 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THE SCHOOL IS ALSO EXEMPT FROM STATE INCOME TAX. THE SCHOOL HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. UNDER ACCOUNTING STANDARD CODIFICATIONS (ASC) SECTION 740, THE TAX-EXEMPT STATUS OF A TAX-EXEMPT ENTITY IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. FORMS 990 FILED BY THE SCHOOL ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 FILED BY THE SCHOOL ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30, 2009 AND PRIOR. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 NEWSPAPERS AND WEBSITE. EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THERE IS NO TUITION CHARGED FOR ENROLLMENT IN THE SCHOOL; THEREFORE, FINANACIAL ASSISTANCE & SCHOLARSHIPS ARE NOT APPLICABLE. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX ARIZONA 522038405 71885FBW6 2012-12-14 8400000 PURCHASE OF AN EDUCATION FACILITY 0 0 0 A 8400000 692050 438136 7269814 2012 0 0 1 1 A 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B MINUTES TO COMMITTEE MEETINGS ARE NOT OFFICIALLY KEPT. THE COMMITTEE CHAIR REPORTS BACK TO THE BOARD MEMBERS AND THE RECOMMENDATIONS/ACCOMPLISHMENTS ARE REPORTED IN THE BOARD MINUTES AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE CONFLICT OF INTEREST POLICY, AND ANY TIME DURING THE YEAR WHERE THERE IS A POSSIBLE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE DIRECTOR'S COMPENSATION IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD OF DIRECTORS REVIEW THE SCHOOL'S PERFORMANCE COMPARED TO SIMILAR SCHOOLS AND USES VALUE ADDED ANALYSIS IN DETERMING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THE PROCEDURE HAS NOT CHANGED FROM THE PRIOR YEAR.