2014-05-14T12:49:52-05:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKE STE400 PLYMOUTH MEETING PA 19462 990 2012-07-01 203971209 KIPP NEW YORK INC KIPP 2129912610 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 PATRICK BRENNAN 2129912610 2014-05-13 1 STEVE ROSA CPA P00079667 2156433900 2012 2015-11-30 17:44:51Z PATRICK BRENNAN 470 7TH AVENUE 10TH FLOOR NEW YORK NY 10018 28278104 0 X WWW.KIPPNYC.ORG X 2005 NY TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS. 6 5 364 26 0 0 9886133 23522321 3616676 4557599 21900 40790 63917 31227 13588626 28151937 2153602 268896 0 0 6055122 7536109 0 0 652678 2257050 2892112 10465774 10697117 3122852 17454820 22920122 42094366 1963757 3683181 20956365 38411185 TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS. 0 0 8442710 268896 4557599 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. 8442710 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 94 0 1 364 1 0 0 0 0 0 1 1 0 0 0 0 X 6 5 1 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 2.00 X X 0 0 0 THOMAS J TISCH 2.00 X 0 0 0 AMY GRIFFIN 2.00 X 0 0 0 DAVID J LEVIN 2.00 40.00 X X 0 118840 12074 KINGA LAMPERT 2.00 X 0 0 0 DWIGHT SCOTT 2.00 X 0 0 0 JACK CHOROWSKY 40.00 X 228612 0 24795 VICKI ZUBOVIC 40.00 X 165590 0 14230 JANE DOWLING 40.00 X 160018 0 17974 EDWARD LAUX 40.00 X 161293 0 9508 AMBER FIELD 40.00 X 132789 0 5812 CHARIZMA WILLIAMS 40.00 X 140462 0 15366 KERRY MULLINS 40.00 X 138538 0 11197 STEVE AJANI 40.00 X 130473 0 9600 BLANCA RUIZ 21.00 19.00 X 74178 68100 0 1331953 186940 120556 8 0 1 0 0 792346 103070 22626905 835851 23522321 SERVICES RENDERED 909999 4557599 4557599 4557599 40790 40790 82610 792346 126167 -43557 -43557 MISC REVENUE 900099 74784 74784 74784 28151937 4557599 0 72017 268896 268896 792863 356455 243084 193324 5770149 5015342 444713 310094 149191 132588 3457 13146 340571 301596 12439 26536 483335 407331 41197 34807 104409 104409 19589 19589 355982 330421 25561 90984 46541 43162 1281 379593 379593 146716 146716 35514 35514 CONSULTANTS 306349 261432 25929 18988 CANDIDATE RECRUITING 223960 123981 99979 TECHNOLOGY 210309 210309 PROFESSIONAL DEVELOPMEN 208531 158014 50406 111 810176 578679 202667 28830 10697117 8442710 1601729 652678 2541971 1433847 10667642 18434424 8916964 19632228 274387 485886 391471 1282351 196578 307659 1085773 0 842236 22920122 42094366 329124 380664 518 1634115 3302517 1963757 3683181 X 11436426 18430532 9519939 19980653 20956365 38411185 22920122 42094366 17454820 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 0 KIPP AMP ACADEMY 202536991 LINE 2 1 1 1 0 KIPP INFINITY 202546890 LINE 2 1 1 1 0 KIPP STAR COLLEGE PREP 920178305 LINE 2 1 1 1 0 KIPP NYC WASHINGTON HEIGHTS 300717988 LINE 2 1 1 1 0 5 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 170038 18421 151617 87225 9450 77775 1025088 168707 856381 1085773 DUE TO RELATED PARTIES 3180329 DEFERRED RENT LIABILITY 117789 DUE TO OTHER ENTITY 4399 3302517 X 28278104 126167 126167 28151937 0 28151937 10823284 126167 126167 10697117 0 10697117 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 ENTITYS 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 ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATIONS TAX RETURNS FOR THE YEARS 2010, 2011, AND 2012 ARE OPEN FOR FEDERAL AND STATE TAX EXAMINATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 126,167. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 126,167. SIP FOR KIPP 28741 23831 4910 900 6000 440 CASINO NIGHT 846215 768515 77700 12680 51940 47312 6895 874956 792346 82610 13580 57940 47312 7335 126167 -43557 1 STIPENDS 296 128044 FMV SCHOLARSHIPS 3 3000 FMV SUPPORT 215 86270 FMV TUITION 25 51582 FMV X X X 0 0 0 0 0 0 0 0 0 JACK CHOROWSKY 221212 0 7400 0 0 0 8250 0 16545 0 253407 0 0 0 VICKI ZUBOVIC 165590 0 0 0 0 0 8497 0 5733 0 179820 0 0 0 JANE DOWLING 149618 0 10000 0 400 0 809 0 17165 0 177992 0 0 0 EDWARD LAUX 160693 0 0 0 600 0 0 0 9508 0 170801 0 0 0 CHARIZMA WILLIAMS 140462 0 0 0 0 0 9499 0 5867 0 155828 0 0 0 X SERVER STORAGE, NETWORKS, AND VARIOUS TECHNOLOGY C 1 817465 X VARIOUS GIFTS FOR FUNDRAISER 444 18386 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THERE IS A FAMILY RELATIONSHIP BETWEEN DAVID LEVIN (TRUSTEE, FORMER SUPERINTENDENT) AND JACK CHOROWSKY (FORMER COO) 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 2012. 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 7922986 4484368 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 THROUGH COLLEGE CO NY 5965474 2975116 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 STAR COLLEGE PREP CHARTER SCHOOL 433 W 123RD STREET NEW YORK NY 10027 920178305 CHARTER SCHOOL NY 501 (C) (3) 2 N/A 0 KIPP WASHINGTON HEIGHTS MIDDLE SCHOOL 21 JUMEL PLACE NEW YORK NY 10032 300717988 CHARTER SCHOOL NY 501 (C) (3) 2 N/A 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0