KIPP CHICAGO: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- KIPP CHICAGO (EIN 30-0075271)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-15
- IRS object ID
- 201420499349302017
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-15T17:40:31-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362938874 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OSTROW REISIN BERK & ABRAMS LTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 N CITYFRONT PLAZA DRIVE SUITE | AddressLine1 |
| Address Line2 | 1500 | AddressLine2 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606115313 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300075271 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP CHICAGO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KIPP | NameControl |
| Phone | 3127338108 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1945 S HALSTED NO 101 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60608 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BENJAMIN CHERESKIN | Name |
| Title | BOARD PRESIDENT | Title |
| Phone | 3127338108 | Phone |
| Date Signed | 2014-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES G QUAID | Name |
| PTIN | P00641738 | PTIN |
| Phone | 3126707444 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BENJAMIN CHERESKIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1945 S HALSTED NO 101 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3245142 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.KIPPCHICAGO.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2010 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | THE TEAM AT KIPP CHICAGO IS GUIDED BY A SIMPLE, YET POWERFUL MISSION: TO CREATE A NETWORK OF EXCELLENT SCHOOLS IN CHICAGO THAT TEACH OUR STUDENTS THE CHARACTER AND ACADEMIC SKILLS NECESSARY TO SUCCEED IN COLLEGE AND BEYOND, AND TO INSTILL IN THEM A DESIRE TO HELP CHANGE THE WORLD. | ActivityOrMissionDescription |
| Termination Or Contraction | X | TerminationOrContraction |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 14 | TotalNbrEmployees |
| Total Nbr Volunteers | 27 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1870771 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2656133 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 249641 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 511924 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 22804 | OtherRevenuePriorYear |
| Other Revenue Current Year | -46112 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2143216 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3121945 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 829017 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 939474 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 850850 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1124410 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 108172 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 233732 | OtherExpensePriorYear |
| Other Expenses Current Year | 591524 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1913599 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2655408 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 229617 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 466537 | RevenuesLessExpensesCY |
| Total Assets BOY | 771618 | TotalAssetsBOY |
| Total Assets EOY | 0 | TotalAssetsEOY |
| Total Liabilities BOY | 474379 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 297239 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 0 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE TEAM AT KIPP CHICAGO IS GUIDED BY A SIMPLE, YET POWERFUL MISSION: TO CREATE A NETWORK OF EXCELLENT SCHOOLS IN CHICAGO THAT TEACH OUR STUDENTS THE CHARACTER AND ACADEMIC SKILLS NECESSARY TO SUCCEED IN COLLEGE AND BEYOND, AND TO INSTILL IN THEM A DESIRE TO HELP CHANGE THE WORLD. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 1526694 | Expense |
| Grants | 939474 | Grants |
| Revenue | 511924 | Revenue |
| Description | IN 2012, KIPP CHICAGO CONSISTED OF THREE SCHOOLS: KIPP ASCEND MIDDLE, KIPP ASCEND PRIMARY, AND KIPP CREATE COLLEGE PREP. TOGETHER, THEY SERVED OVER 700 STUDENTS IN GRADES K 2 AND 5 8. KIPP CHICAGO ALSO SUPPORTED OVER 350 KIPP CHICAGO ALUMNI CURRENTLY IN HIGH SCHOOL OR COLLEGE THROUGH THE KIPP THROUGH COLLEGE PROGRAM. THE MAJORITY OF STUDENTS COME FROM THE AUSTIN, GARFIELD PARK, AND NORTH LAWNDALE NEIGHBORHOODS ON CHICAGO'S WEST SIDE. ONE HUNDRED PERCENT OF KIPP CHICAGO'S STUDENTS ARE AFRICAN-AMERICAN OR LATINO, MOST OF WHOM WILL BE FIRST-GENERATION COLLEGE GRADUATES, AND MORE THAN 90% LIVE BELOW THE POVERTY LINE. KIPP CHICAGO IS PART OF THE NATIONALLY RECOGNIZED KNOWLEDGE IS POWER PROGRAM (KIPP), WHICH OPERATES 125 SCHOOLS IN 20 STATES AND THE DISTRICT OF COLUMBIA AND SERVES OVER 41,000 STUDENTS. | Description |
| Total Program Service Expense | 1526694 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 1 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 14 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NICOLE BOARDMAN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3127338108 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1945 S HALSTED 101 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60608 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|---|
| BENJAMIN CHERESKIN | |||||||
| BOARD PRESIDENT | 10.00 | 10.00 | X | X | 0 | 0 | 0 |
| APRIL GOBLE | |||||||
| VICE PRESIDENT/EXECUTIVE DIRECTOR | 40.00 | 2.00 | X | X | 129963 | 0 | 7903 |
| JILL KIDD | |||||||
| TREASURER | 2.00 | 3.00 | X | X | 0 | 0 | 0 |
| ELLEN ALTER | |||||||
| BOARD MEMBER | 2.00 | 2.00 | X | 0 | 0 | 0 | |
| MIKE FEINBERG | |||||||
| BOARD MEMBER | 2.00 | 2.00 | X | 0 | 0 | 0 | |
| DEBORAH QUAZZO | |||||||
| BOARD MEMBER | 2.00 | 2.00 | X | 0 | 0 | 0 | |
| GEORGE WRIGHT | |||||||
| BOARD MEMBER | 2.00 | 2.00 | X | 0 | 0 | 0 | |
| DON WEISS | |||||||
| BOARD MEMBER | 2.00 | 2.00 | X | 0 | 0 | 0 | |
| NICOLE BOARDMAN | |||||||
| SECRETARY/CHIEF OPERATING OFFICER | 40.00 | 2.00 | X | 95801 | 0 | 6371 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 225764 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 14274 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 321813 | FundraisingEvents |
| Government Grants | 680113 | GovernmentGrants |
| All Other Contributions | 1654207 | AllOtherContributions |
| Total Contributions | 2656133 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SERVICE FEES | 900099 | 351924 | 351924 |
| MANAGEMENT FEES | 900099 | 160000 | 160000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 511924 | TotalProgramServiceRevenue |
| Gross Income Fundraising Events | 52170 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 321813 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 123197 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -71027 | TotalRevenueColumn |
| Exclusion | -$71,027 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 24915 | TotalRevenueColumn |
| Exclusion | $24,915 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 24915 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3121945 | TotalRevenueColumn |
| Related Or Exempt Function Income | 511924 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$46,112 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 939474 | Total |
| Program Services | 939474 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258390 | Total |
| Program Services | 98188 | ProgramServices |
| Management And General | 142115 | ManagementAndGeneral |
| Fundraising | 18087 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 735965 | Total |
| Program Services | 279667 | ProgramServices |
| Management And General | 404780 | ManagementAndGeneral |
| Fundraising | 51518 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35653 | Total |
| Program Services | 13548 | ProgramServices |
| Management And General | 19609 | ManagementAndGeneral |
| Fundraising | 2496 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36018 | Total |
| Program Services | 13687 | ProgramServices |
| Management And General | 19810 | ManagementAndGeneral |
| Fundraising | 2521 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58384 | Total |
| Program Services | 22186 | ProgramServices |
| Management And General | 32111 | ManagementAndGeneral |
| Fundraising | 4087 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95500 | Total |
| Management And General | 95500 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57586 | Total |
| Management And General | 57586 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12557 | Total |
| Management And General | 12557 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 287990 | Total |
| Program Services | 107545 | ProgramServices |
| Management And General | 160634 | ManagementAndGeneral |
| Fundraising | 19811 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30532 | Total |
| Program Services | 11602 | ProgramServices |
| Management And General | 16793 | ManagementAndGeneral |
| Fundraising | 2137 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1562 | Total |
| Program Services | 594 | ProgramServices |
| Management And General | 859 | ManagementAndGeneral |
| Fundraising | 109 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17483 | Total |
| Program Services | 6644 | ProgramServices |
| Management And General | 9615 | ManagementAndGeneral |
| Fundraising | 1224 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15421 | Total |
| Program Services | 5860 | ProgramServices |
| Management And General | 8482 | ManagementAndGeneral |
| Fundraising | 1079 | Fundraising |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STAFF DEVELOPMENT | 64956 | 24683 | 35726 | 4547 |
| MISCELLANEOUS | 7937 | 3016 | 4365 | 556 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2655408 | Total |
| Program Services | 1526694 | ProgramServices |
| Management And General | 1020542 | ManagementAndGeneral |
| Fundraising | 108172 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 295251 | BOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 451019 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14117 | BOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 0 | LandBuildingsEquipmentBasis |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11231 | BOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 771618 | BOY |
| EOY | 0 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 346879 | BOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2500 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125000 | BOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 474379 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -69782 | BOY |
| EOY | 0 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 367021 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297239 | BOY |
| EOY | 0 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 771618 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 466537 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -763776 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 503658 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1870771 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2656133 | CurrentTaxYear |
| Total | 5030562 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 503658 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1870771 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2656133 | CurrentTaxYear |
| Total | 5030562 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 509016 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4521546 | PublicSupportTotal170 |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 35850 | CurrentTaxYearMinus1Year |
| Current Tax Year | 24915 | CurrentTaxYear |
| Total | 60765 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 5091327 | TotalSupport |
| First5 Years170 | X | First5Years170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | KIPP TALK | NameOfEvent1 |
| Gross Receipts Event1 | 347100 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 306180 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 40920 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 52403 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 60286 | OtherDirectExpensesEvent1 |
| Name Of Event2 | AB SILENT AUCTION | NameOfEvent2 |
| Gross Receipts Event2 | 26883 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 15633 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 11250 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 10224 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 284 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 373983 | GrossReceiptsTotal |
| Charitable Contributions Total | 321813 | CharitableContributionsTotal |
| Gross Revenue Total Events | 52170 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 62627 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 60570 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 123197 | DirectExpenseSummaryEvents |
| Net Income Summary | -71027 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| KIPP ASCEND CHARTER SCHOOL | |||||||
| 1945 SOUTH HALSTED STREET SUITE 101 | CHICAGO | IL | 60608 | 300135927 | 501(C)(3) | 356310 | TO SUPPORT LOCAL EDUCATIONAL INSTITUTIONS. |
| THE ACADEMY OF COMMUNICATIONS AND TECHNOLOGY CHARTER SCHOOL INC | |||||||
| 1945 SOUTH HALSTED STREET SUITE 101 | CHICAGO | IL | 60608 | 364152409 | 501(C)(3) | 583164 | TO SUPPORT LOCAL EDUCATIONAL INSTITUTIONS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: KIPP CHICAGO RECEIVES FUNDING ON BEHALF OF RELATED KIPP SCHOOLS AND PASSES THROUGH ALL GRANTS ACCORDING TO DONOR STIPULATIONS. | Explanation |
Schedule N IRS990ScheduleN
Liquidation Table LiquidationTable
Liquidation Detail LiquidationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | ALL NET ASSETS | DescriptionOfAsset |
| Date Of Distribution | 2013-06-30 | DateOfDistribution |
| FMV Of Asset | 763776 | FMVOfAsset |
| Method Of FMV Determination | BOOK VALUE | MethodOfFMVDetermination |
| EIN | 300135927 | EIN |
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP CHICAGO SCHOOLS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1945 S HALSTED SUITE 101 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | 501(C)(3) | IRCSection |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor | 1 | DirectorOfSuccessor |
| Employee Of Successor | 1 | EmployeeOfSuccessor |
| Owner Of Successor | 0 | OwnerOfSuccessor |
| Receive Compensation | 0 | ReceiveCompensation |
| Assets Distributed | 1 | AssetsDistributed |
| Required To Notify AG | 0 | RequiredToNotifyAG |
| AG Notified | 0 | AGNotified |
| Liabilities Paid | 0 | LiabilitiesPaid |
| Bonds Outstanding | 0 | BondsOutstanding |
Form990 Schedule N Part III Form990ScheduleNPartIII (3 entries)
| ExplanationExplanation |
|---|
| PART I, LINE 2E: ALL EMPLOYEESALL BOARD OF DIRECTORS |
| PART I, LINE 2E: KIPP CHICAGO'S OPERATIONS WERE ACQUIRED BY KIPP CHICAGO SCHOOLS AS OF JUNE 30, 2013. THEREFORE, ALL EMPLOYEES AND BOARD OF DIRECTORS ARE NOW PART OF KIPP CHICAGO SCHOOLS. |
| PART I, LINE 5:NET ASSETS WERE ACQUIRED BY KIPP CHICAGO SCHOOLS. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | DURING THE YEAR ENDED JUNE 30, 2013, KIPP CHICAGO AND KIPP CHICAGO SCHOOLS APPROVED A REORGANIZATION PLAN TO CONSOLIDATE ALL EDUCATIONAL AND MANAGEMENT OPERATIONS INTO ONE ENTITY. EFFECTIVE JUNE 30, 2013, KIPP CHICAGO SCHOOLS ACQUIRED SUBSTANTIALLY ALL ASSETS AND RIGHTS AND ASSUMED ALL LIABILITIES AND OBLIGATIONS OF KIPP CHICAGO FOR NO CONSIDERATION. |
| FORM 990, PART VI, SECTION B, LINE 11 | AFTER FORM 990 IS PREPARED WITH THE ASSISTANCE OF THE SCHOOL'S CPA FIRM, IT IS REVIEWED AND EDITED BY MANAGEMENT. THEN, A PDF DRAFT OF FORM 990 IS E-MAILED TO BOARD MEMBERS IN ADVANCE, DISCUSSED, AND APPROVED FOR FINALIZATION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY TO WHICH ALL DIRECTORS, OFFICERS AND STAFF ARE SUBJECT. PURSUANT TO POLICY, ALL COVERED PERSONS ARE REQUIRED TO ANNUALLY DISCLOSE ANY INTERESTS, RELATIONSHIPS, AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST AS A RESULT OF THE COVERED PERSON'S EMPLOYMENT BY KIPP CHICAGO OR AS A MEMBER OF ITS BOARD OF DIRECTORS. ALL SUCH PERSONS ALSO AGREE THAT, IN THE COURSE OF MEETINGS OR ACTIVITIES, HE OR SHE WILL DISCLOSE ANY INTERESTS IN A TRANSACTION OR DECISION WHERE HE OR SHE (INCLUDING BUSINESS OR OTHER NONPROFIT AFFILIATIONS), HIS OR HER FAMILY AND/OR HIS OR HER SIGNIFICANT OTHER, EMPLOYER, OR CLOSE ASSOCIATES OR FRIENDS WILL RECEIVE A BENEFIT OR GAIN. ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST FOR STAFF (OTHER THAN OFFICERS) WOULD BE DETERMINED BY THE EXECUTIVE DIRECTOR AND REVIEWED BY THE GOVERNANCE COMMITTEE. ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST FOR DIRECTORS AND OFFICERS WOULD BE DETERMINED BY THE CHAIR AND REVIEWED BY THE FULL BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE. IF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS DISCLOSED, THE COVERED PERSON WOULD BE ASKED TO LEAVE THE ROOM FOR THE DISCUSSION AND WILL NOT BE PERMITTED TO VOTE ON THE MATTER. | |
| FORM 990, PART VI, SECTION B, LINE 15 | DURING THE ANNUAL BUDGET PROCESS, THE FINANCE COMMITTEE REVIEWS COMPARABLE SALARY DATA AND MAKE SALARY DETERMINATIONS ACCORDINGLY. ALL SALARIES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION FURNISHES THIS INFORMATION UPON REQUEST. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | ASSETS AND LIABILITIES ACQUIRED BY KIPP CHICAGO SCHOOLS -763,776. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP CHICAGO SCHOOLS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1945 S HALSTED STREET SUITE 101 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300135927 | EIN |
| Primary Activities | SCHOOLS | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 2 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP CHICAGO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| KIPP CHICAGO SCHOOLS | ||
| B | 356310 | FMV |
| KIPP CHICAGO SCHOOLS | ||
| L | 313152 | FMV |
| KIPP CHICAGO SCHOOLS | ||
| Q | 160000 | FMV |