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      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <Equipment>
        <OtherCostOrOtherBasis>16012</OtherCostOrOtherBasis>
        <Depreciation>4781</Depreciation>
        <BookValue>11231</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>11231</TotalOfBookValueLandBuildings>
      <TotalRevenue>2143216</TotalRevenue>
      <TotalExpenses>1913599</TotalExpenses>
      <ExcessOrDeficitForYear>229617</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>229617</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>2143216</TotRevenueEtcAuditedFinclStmt>
      <RevenueNotRptdF990>0</RevenueNotRptdF990>
      <RevenueSubtotal>2143216</RevenueSubtotal>
      <RevenueNotRptdOnFinStmt>0</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>2143216</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>1913599</TotExpensesEtcAuditedFinclStmt>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>1913599</ExpensesSubtotal>
      <ExpensesNotRptdOnFinStmt>0</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>1913599</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <EventsInformation>
        <NameOfEvent1>ASSOC BOARD AUCTION</NameOfEvent1>
        <GrossReceiptsEvent1>40050</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>4200</CharitableContributionsEvent1>
        <GrossRevenueEvent1>35850</GrossRevenueEvent1>
        <FoodAndBeverageEvent1>9775</FoodAndBeverageEvent1>
        <EntertainmentEvent1>100</EntertainmentEvent1>
        <OtherDirectExpensesEvent1>2739</OtherDirectExpensesEvent1>
        <NameOfEvent2>HELP KIPP GROW EVENT</NameOfEvent2>
        <GrossReceiptsEvent2>66611</GrossReceiptsEvent2>
        <CharitableContributionsEvent2>66611</CharitableContributionsEvent2>
        <OtherDirectExpensesEvent2>432</OtherDirectExpensesEvent2>
        <GrossReceiptsTotal>106661</GrossReceiptsTotal>
        <CharitableContributionsTotal>70811</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>35850</GrossRevenueTotalEvents>
        <FoodAndBeverageTotalEvents>9775</FoodAndBeverageTotalEvents>
        <EntertainmentTotalEvents>100</EntertainmentTotalEvents>
        <OtherDirectExpensesTotalEvents>3171</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>13046</DirectExpenseSummaryEvents>
        <NetIncomeSummary>22804</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>1</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>KIPP ASCEND CHARTER SCHOOL</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1945 SOUTH HALSTED STREET SUITE 101</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60608</ZIPCode>
        </AddressUS>
        <EINOfRecipient>300135927</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>440518</AmountOfCashGrant>
        <PurposeOfGrant>TO SUPPORT LOCAL EDUCATIONAL INSTITUTIONS.</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THE ACADEMY OF COMMUNICATIONS AND TECHNOLOGY CHARTER SCHOOL INC</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1945 SOUTH HALSTED STREET SUITE 101</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60608</ZIPCode>
        </AddressUS>
        <EINOfRecipient>364152409</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>388499</AmountOfCashGrant>
        <PurposeOfGrant>TO SUPPORT LOCAL EDUCATIONAL INSTITUTIONS.</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>2</TotalNbrOf501C3AndGovtGrants>
      <Form990ScheduleIPartIV>
        <Identifier>PROCEDURE FOR MONITORING GRANTS IN THE U.S.:</Identifier>
        <ReturnReference>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>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>PROGRAM SERVICE STATEMENT</Identifier>
        <ReturnReference>FORM 990, PART III, LINE 4A</ReturnReference>
        <Explanation>FOUNDED IN 2003, KIPP CHICAGO BEGAN WITH A SINGLE CLASS OF FIFTH GRADERS AT KIPP ASCEND MIDDLE SCHOOL. TODAY, KIPP CHICAGO CONSISTS OF THREE SCHOOLS, KIPP ASCEND MIDDLE, KIPP ASCEND PRIMARY, AND KIPP CREATE COLLEGE PREP. TOGETHER, THEY ARE SERVING OVER 700 STUDENTS IN GRADES K-2 AND 5-8. KIPP CHICAGO ALSO SUPPORTS OVER 350 KIPP CHICAGO ALUMNI CURRENTLY IN HIGH SCHOOL OR COLLEGE THROUGH OUR KIPP THROUGH COLLEGE PROGRAM. OUR STUDENTS COME FROM THE AUSTIN, GARFIELD PARK, AND NORTH LAWNDALE NEIGHBORHOODS ON CHICAGO'S WEST SIDE. ONE HUNDRED PERCENT OF OUR STUDENTS ARE AFRICAN AMERICAN AND LATINO, MOST OF WHOM WILL BE FIRST-GENERATION COLLEGE GRADUATES, AND MORE THAN 90% LIVE BELOW THE POVERTY LINE. WE ARE PART OF THE NATIONALLY RECOGNIZED KNOWLEDGE IS POWER PROGRAM, WHICH OPERATES 125 SCHOOLS IN 20 STATES AND THE DISTRICT OF COLUMBIA, SERVING OVER 41,000 STUDENTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION FURNISHES THIS INFORMATION UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>