KIPP NEW YORK INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
KIPP NEW YORK INC (EIN 20-3971209)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-15
IRS object ID
201221369349302557
Schema version
2010v3.4
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

FieldValueIRS element (for citing)
Timestamp2012-05-15T10:09:57-05:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1610 WGERMANTOWN PIKESTE 400AddressLine1
CityPLYMOUTH MTGCity
StatePAState
ZIP Code19462ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN203971209EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1KIPP NEW YORK INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlKIPPNameControl
Phone2129912600Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 SEVENTH AVENUE 10TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10018ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJACK CHOROWSKYName
TitleCHIEF OPERATING OFFICERTitle
Phone2129912600Phone
Date Signed2012-05-11DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSTEVE ROSACPAName
Phone2156433900Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Name Of Principal Officer PersonJACK CHOROWSKYNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1470 SEVENTH AVENUE 10TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10018ZIPCode
FieldValueIRS element (for citing)
Gross Receipts24745547GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.KIPPNYC.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2005YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS.ActivityOrMissionDescription
Nbr Voting Members Governing Body6NbrVotingMembersGoverningBody
Nbr Independent Voting Members4NbrIndependentVotingMembers
Total Nbr Employees92TotalNbrEmployees
Total Nbr Volunteers15TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year4566009ContributionsGrantsPriorYear
Contributions Grants Current Year21976504ContributionsGrantsCurrentYear
Program Service Revenue Prior Year1790794ProgramServiceRevenuePriorYear
Program Service Revenue CY2748693ProgramServiceRevenueCY
Investment Income Prior Year35002InvestmentIncomePriorYear
Investment Income Current Year6850InvestmentIncomeCurrentYear
Other Revenue Prior Year-136386OtherRevenuePriorYear
Other Revenue Current Year-263294OtherRevenueCurrentYear
Total Revenue Prior Year6255419TotalRevenuePriorYear
Total Revenue Current Year24468753TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1013804GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY3576626GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year4877613SalariesEtcPriorYear
Salaries Etc Current Year5567213SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year438582TotalFundrsngExpCurrentYear
Other Expense Prior Year1427918OtherExpensePriorYear
Other Expenses Current Year1312242OtherExpensesCurrentYear
Total Expenses Prior Year7319335TotalExpensesPriorYear
Total Expenses Current Year10456081TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-1063916RevenuesLessExpensesPriorYear
Revenues Less Expenses CY14012672RevenuesLessExpensesCY
Total Assets BOY5175563TotalAssetsBOY
Total Assets EOY21193714TotalAssetsEOY
Total Liabilities BOY1354722TotalLiabilitiesBOY
Total Liabilities EOY3360201TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY3820841NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY17833513NetAssetsOrFundBalancesEOY
Mission DescriptionTO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense5875808Expense
Revenue2748693Revenue
DescriptionTO 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.Description
Total Program Service Expense5875808TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising1ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109632NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees92NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members6NbrVotingGoverningBodyMembers
Number Independent Voting Members4NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1CHARIZMA WILLIAMSBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2129912600TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1470 7TH AVENUE 10TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100277303ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIXInfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
LARRY ROBBINS
CHAIRMAN & TRUSTEE2.00XX000
DAVID B MASSEY
SECRETARY & TRUSTEE2.00XX000
RAFAEL MAYER
TREASURER & TRUSTEE2.00XX000
THOMAS J TISCH
TRUSTEE2.00X000
AMY GRIFFIN
TRUSTEE2.00X000
DAVID J LEVIN
SUPERINTENDENT & TRUSTEE1.00X224304031530
JACK CHOROWSKY
CHIEF OPERATING OFFICER40.00X200627035095
VICKI ZUBOVIC
MANG. DIR. OF DEVELOPMENT40.00169044019962X
ORPHEUS WILLIAMS
PRINCIPAL FELLOW1.006191769640600X
AMBER FIELD
DIR. OF TEACHER DEVELOPMENT40.006430664546200X
PETER CRONCOTA
DIRECTIOR OF OPERATIONS40.00103921019945X
JANE DOWLING
EXEC. DIRECTOR OF KTC40.00137693017758X
KAYA STONE
MANG. DIR. OF TECH & OPS40.00123504017434X
FieldValueIRS element (for citing)
Total Reportable Comp From Org1085316TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs134186TotalReportableCompFrmRltdOrgs
Total Other Compensation142524TotalOtherCompensation
Number Individuals GT100 K6NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events1406115FundraisingEvents
Government Grants57917GovernmentGrants
All Other Contributions20512472AllOtherContributions
Noncash Contributions40029NoncashContributions
Total Contributions21976504TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionSERVICES RENDEREDDescription
Business Code909999BusinessCode
Total Revenue Column2748693TotalRevenueColumn
Related Or Exempt Function Income2748693RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue2748693TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column6850TotalRevenueColumn
Exclusion$6,850ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events13500GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events1406115CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses276794FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-263294TotalRevenueColumn
Exclusion-$263,294ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column24468753TotalRevenueColumn
Related Or Exempt Function Income2748693RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion-$256,444ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total3108522Total
Program Services3108522ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total468104Total
Program Services468104ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total830618Total
Program Services157501ProgramServices
Management And General437126ManagementAndGeneral
Fundraising235991Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total3828278Total
Program Services1240018ProgramServices
Management And General2449813ManagementAndGeneral
Fundraising138447Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total139161Total
Program Services59863ProgramServices
Management And General78799ManagementAndGeneral
Fundraising499Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total380620Total
Program Services152828ProgramServices
Management And General210630ManagementAndGeneral
Fundraising17162Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total388536Total
Program Services144131ProgramServices
Management And General221031ManagementAndGeneral
Fundraising23374Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total97276Total
Program Services96332ProgramServices
Management And General944ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total13730Total
Program Services13730ProgramServices

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total88103Total
Program Services88103ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total238699Total
Program Services53740ProgramServices
Management And General171051ManagementAndGeneral
Fundraising13908Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total21276Total
Management And General21276ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total45479Total
Program Services13805ProgramServices
Management And General31674ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
PROFESSIONAL DEVLPMNT326792921312312763385
CONTRACTED SERVICES191167156871697045776
EQUIPMENT1493927161177781
BANK FEES471093442312686
ALUMNI PROGRAMMING4034339628715

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total52876Total
Program Services25651ProgramServices
Management And General27185ManagementAndGeneral
Fundraising40Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total10456081Total
Program Services5875808ProgramServices
Management And General4141691ManagementAndGeneral
Fundraising438582Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY984797BOY
EOY1110261EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY2918457BOY
EOY7481830EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY971530BOY
EOY12417856EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY59205BOY
EOY125716EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis79327LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec21276LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY241574BOY
EOY58051EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY5175563BOY
EOY21193714EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY564817BOY
EOY111246EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY789905BOY
EOY3248955EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1354722BOY
EOY3360201EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY3163739BOY
EOY5348799EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY657102BOY
EOY12484714EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3820841BOY
EOY17833513EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5175563BOY
EOY21193714EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses14012672ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type2XSupportingOrg509a3Type2
Certification CheckboxXCertificationCheckbox
Written IRS DeterminationXWrittenIRSDetermination
Contrib By Controlling Individual0ContribByControllingIndividual
Contribution By Related Party0ContributionByRelatedParty
Contrib By35 Controlled Entity0ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation (4 entries)

EINEINType Of OrganizationTypeOfOrganizationListed In Governing DocListedInGoverningDocSupported Organization NotifiedSupportedOrganizationNotifiedOrganized In USOrganizedInUSAmountAmount
KIPP ACADEMY
113550982LINE 2111$912,554
KIPP AMP ACADEMY
202536991LINE 2111$451,331
KIPP INFINITY
202536890LINE 2111$1,235,762
KIPP STAR COLLEGE PREP
920178305LINE 2111$508,875
FieldValueIRS element (for citing)
Total Number Of Supported Orgs4TotalNumberOfSupportedOrgs
Sum Of Amounts3108522SumOfAmounts

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis79327OtherCostOrOtherBasis
Depreciation21276Depreciation
Book Value58051BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings58051TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
FUNDS HELD ON BEHALF OF OTHER ORGANIZATIONS$175,950
DUE TO RELATED PARTIES$3,073,005
FieldValueIRS element (for citing)
Total Of Amounts3248955TotalOfAmounts
Total Revenue24468753TotalRevenue
Total Expenses10456081TotalExpenses
Excess Or Deficit For Year14012672ExcessOrDeficitForYear
Total Adjustments0TotalAdjustments
Excess Or Deficit Per FS14012672ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt26885547TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities1500000DonatedSrvcAndUseOfFacilities
Other Revenues916794OtherRevenues
Revenue Not Rptd F9902416794RevenueNotRptdF990
Revenue Subtotal24468753RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form99024468753TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt12872875TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities1500000DonatedServicesUseOfFacilities
Other Expenses Included916794OtherExpensesIncluded
Expenses Not Rptd F9902416794ExpensesNotRptdF990
Expenses Subtotal10456081ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form99010456081TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X: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, THE LLC WILL BE TREATED AS A DISREGARDED ENTITY FOR TAX PURPOSES AND THEREFORE IT'S ACTIVITIES ARE COMBINED WITH THE ORGANIZATION AND REPORTED AS ONE. THE ORGANIZATION FOLLOWES THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF THE 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 TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE ADOPTION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS FOR THE YEARS 2008, 2008, AND 2010 ARE OPEN FOR FEDERAL AND STATE TAX EXAMINATIONS.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT SPECIAL EVENT EXPENSES 276,794. OFFSET LLC GRANT TO INC 640,000.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:DIRECT SPECIAL EVENT EXPENSES 276,794. OFFSET LLC GRANT TO INC 640,000.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
In Person SolicitationsXInPersonSolicitations
Solicitation Of Non Govt GrantsXSolicitationOfNonGovtGrants
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref Fundraising0AgreementRefFundraising

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1WAITING FOR SUPERMANNameOfEvent1
Gross Receipts Event197122GrossReceiptsEvent1
Charitable Contributions Event183622CharitableContributionsEvent1
Gross Revenue Event113500GrossRevenueEvent1
Rent Facility Costs Event127820RentFacilityCostsEvent1
Food And Beverage Event12730FoodAndBeverageEvent1
Entertainment Event14615EntertainmentEvent1
Other Direct Expenses Event14080OtherDirectExpensesEvent1
Name Of Event2CASINO NIGHTNameOfEvent2
Gross Receipts Event21322493GrossReceiptsEvent2
Charitable Contributions Event21322493CharitableContributionsEvent2
Non Cash Prizes Event29460NonCashPrizesEvent2
Rent Facility Costs Event25784RentFacilityCostsEvent2
Food And Beverage Event218200FoodAndBeverageEvent2
Entertainment Event296891EntertainmentEvent2
Other Direct Expenses Event28000OtherDirectExpensesEvent2
Gross Receipts Total1419615GrossReceiptsTotal
Charitable Contributions Total1406115CharitableContributionsTotal
Gross Revenue Total Events13500GrossRevenueTotalEvents
Non Cash Prizes Total Events9460NonCashPrizesTotalEvents
Rent Facility Costs Total Events33604RentFacilityCostsTotalEvents
Food And Beverage Total Events20930FoodAndBeverageTotalEvents
Entertainment Total Events101506EntertainmentTotalEvents
Other Direct Expenses Total Events12080OtherDirectExpensesTotalEvents
Direct Expense Summary Events177580DirectExpenseSummaryEvents
Net Income Summary-164080NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (4 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrant
KIPP ACADEMY CHARTER SCHOOL
250 EAST 156TH STREETBRONXNY10451113550982912554OPERATING GRANT
KIPP AMP ACADEMY CHARTER SCHOOL
1224 PARK PLACEBROOKLYNNY11213202536991451331OPERATING GRANT
KIPP INFINITY CHARTER SCHOOL
625 WEST 133RD STNEW YORKNY100272025368901235762OPERATING GRANT
KIPP STAR COLLEGE PREP CHARTER SCHOOL
433 WEST 123RD STREETNEW YORKNY10027920178305508875OPERATING GRANT
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants4TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantMethod Of ValuationMethodOfValuation
APPLICATION ASSISTANCE171110FMV
BOOKS & SUPPLIES402107FMV
STIPENDS340317482FMV
TUITION ASSISTANCE53147405FMV

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
DAVID J LEVIN
22430400000139290176010255834000
JACK CHOROWSKY
2001270005000159000191950235722000
VICKI ZUBOVIC
1586440100000400014438055240189006000
JANE DOWLING
129593075000600010360167220155451000

Schedule M IRS990ScheduleM

Securities Closely Held Stock SecuritiesCloselyHeldStock

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Noncash Contribs Rptd F99040029NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 2THERE IS A FAMILY RELATIONSHIP BETWEEN DAVID LEVIN (SUPERINTENDENT) AND JACK CHOROWSKY (COO)
FORM 990, PART VI, SECTION B, LINE 11MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED.
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 12C
THE ORGANIZATION'S AND THE RELATED ORGANIZATIONS' DETERMINATION OF COMPENSATION FOR THE SUPERINTENDENT, EXECUTIVE DIRECTOR AND PRINCIPAL POSITIONS ARE BASED ON COMPENSATION SURVEYS, RELATED MARKET RESEARCH AND EVALUATION OF PERFORMANCE AND EXPERIENCE. COMPENSATION FOR THE AFOREMENTIONED POSITIONS ARE APPROVED BY THE BOARD OF DIRECTORS OF THE RESPECTIVE ORGANIZATIONS. THE MOST RECENT REVIEW WAS COMPLETED IN 2010.FORM 990, PART VI, SECTION B, LINE 15
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 VI, SECTION C, LINE 19
SUPERINTENDENT DAVID LEVIN IS CO-EMPLOYED BY KIPP ACADEMY CHARTER SCHOOL, KIPP AMP ACADEMY CHARTER SCHOOL, KIPP INFINITY CHARTER SCHOOL AND KIPP STAR CHARTER SCHOOL. HIS COMPENSATION IS DISBURSED BY KIPP NEW YORK INC UNDER A PAYROLL ADMINISTRATION AGREEMENT WITH THE SCHOOLS. PURSUANT TO THIS AGREEMENT, THE SUPERINTENDENT'S COMPENSATION COSTS ARE REIMBURSED PRO RATA BY THE SCHOOLS. HIGHLY COMPENSATED EMPLOYEES ORPHEUS WILLIAMS, AMBER WILLIAMS, PETER CRONCOTA AND KAYA STONE PROVIDE SERVICES TO THE SCHOOLS IN ACCORDANCE WITH THE MANAGEMENT AGREEMENT.FORM 990, PART VII, COLUMN B
THE ORGANIZATION HAS A COMMITTEE THAT PROVIDES OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENT AND THE SELECTION OF AN INDEPENDENT AUDITOR.FORM 990, PART XII, LINE 2C

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1KIPP NYC LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1470 7TH AVENUE 10TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10027ZIPCode
FieldValueIRS element (for citing)
EIN264180710EIN
Primary ActivitiesHOME OF KIPP NYC'S PRIVATELY FUNDED SUPPORT GROUPSPrimaryActivities
Legal Domicile StateNYLegalDomicileState
Total Income1177267TotalIncome
EOY Assets2399440EOYAssets

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1KIPP NEW YORK INCBusinessNameLine1

Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrg
KIPP ACADEMY CHARTER SCHOOL
250 EAST 156TH STREETBRONXNY10451113550982CHARTER SCHOOLNY501 (C) (3)2N/A0
KIPP AMP ACADEMY CHARTER SCHOOL
1224 PARK PLACEBROOKLYNNY11213202536991CHARTER SCHOOLNY501 (C) (3)2N/A0
KIPP INFINITY CHARTER SCHOOL
625 W 133RD STREETNEW YORKNY10027202536890CHARTER SCHOOLNY501 (C) (3)2N/A0
KIPP STAR COLLEGE PREP CHARTER SCHOOL
433 W 123RD STREETNEW YORKNY10027920178305CHARTER SCHOOLNY501 (C) (3)2N/A0
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org1ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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