KIPP NEW YORK INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- KIPP NEW YORK INC (EIN 20-3971209)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201111329349301201
- Schema version
- 2009v1.7
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T07:45:34-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 SENTRY PARK WEST SUITE 300 | AddressLine1 |
| City | BLUE BELL | City |
| State | PA | State |
| ZIP Code | 194222240 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203971209 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP New York Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KIPP | NameControl |
| Phone | 2129912600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 West 133rd Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100277303 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JACK CHOROWSKY | Name |
| Title | CHIEF OPERATING OFFICER | Title |
| Phone | 2129912600 | Phone |
| Date Signed | 2011-05-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2156433900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | David Levin | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 West 133rd Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100277303 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6391805 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.kippnyc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2005 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | To provide support for KIPP NYC schools and programs. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 4 | NbrIndependentVotingMembers |
| Total Nbr Employees | 57 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6219611 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4566009 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 1790794 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 35866 | InvestmentIncomePriorYear |
| Investment Income Current Year | 35002 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -1077 | OtherRevenuePriorYear |
| Other Revenue Current Year | -136386 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6254400 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6255419 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3911933 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1013804 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1292625 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4877613 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 485860 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 442540 | OtherExpensePriorYear |
| Other Expenses Current Year | 1427918 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5647098 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7319335 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 607302 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1063916 | RevenuesLessExpensesCY |
| Total Assets BOY | 5683588 | TotalAssetsBOY |
| Total Assets EOY | 5175563 | TotalAssetsEOY |
| Total Liabilities BOY | 798831 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1354722 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4884757 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3820841 | NetAssetsOrFundBalancesEOY |
| Mission Description | To provide support for KIPP NYC schools and programs. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3883580 | Expense |
| Grants | 1013804 | Grants |
| Revenue | 1790794 | Revenue |
| Description | To provide support to KIPP NYC schools including: financial support; management support services in the areas of human resources, recruitment, finance, operations, fundraising, data analysis, technology and professional development; and direct services and financial support to the alumni of KIPP NYC schools via the KIPP Through College Program. (Through a team of advisors and counselors, KIPP Through College supports 680 alumni attending non-KIPP high schools, two- and four-year colleges, and alternative career education programs, as well as alumni not currently enrolled as full-time students.) 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 Expense | 3883580 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | 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 | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 14 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 57 | 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 4 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charizma Williams | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2129912600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 520 8th Ave Suite 2005 | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|---|
| Larry Robbins | ||||||||
| Chairman & Director | 2.00 | X | X | 0 | 0 | 0 | ||
| David J Levin | ||||||||
| Superintendent & Dir. | 40.00 | X | X | 134211 | 71515 | 55676 | ||
| David B Massey | ||||||||
| Secretary & Director | 2.00 | X | X | 0 | 0 | 0 | ||
| Rafael Mayer | ||||||||
| Treasurer & Director | 2.00 | X | X | 0 | 0 | 0 | ||
| Thomas J Tisch | ||||||||
| Director | 2.00 | X | 0 | 0 | 0 | |||
| Susan Winston | ||||||||
| Advisor & Director | 40.00 | X | 80336 | 32083 | 0 | X | ||
| Jack Chorowsky | ||||||||
| COO | 40.00 | X | 133350 | 37384 | 9050 | |||
| Quinton Vance | ||||||||
| Executive Director | 40.00 | X | 0 | 146880 | 41518 | |||
| Vicki Zubovic | ||||||||
| MG. Dir. OF DEVELOPMENT | 40.00 | 112361 | 44460 | 6705 | X | |||
| Blanca Ruiz | ||||||||
| Principal | 40.00 | 0 | 140088 | 31539 | X | |||
| Jerome Myers | ||||||||
| Advisor to Principal | 40.00 | 0 | 140750 | 0 | X | |||
| Joseph Negron | ||||||||
| Principal | 40.00 | 0 | 138869 | 37304 | X | |||
| Francis Corcoran | ||||||||
| Teacher | 40.00 | 0 | 136989 | 30522 | X | |||
| Amber Field | ||||||||
| Principal | 40.00 | 0 | 131604 | 5825 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 460258 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1020622 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 218139 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 462759 | FundraisingEvents |
| All Other Contributions | 4103250 | AllOtherContributions |
| Total Contributions | 4566009 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Services Rendered | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1790794 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1790794 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1790794 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35002 | TotalRevenueColumn |
| Exclusion | $35,002 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 0 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 462759 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 136386 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -136386 | TotalRevenueColumn |
| Exclusion | -$136,386 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6255419 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1790794 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$101,384 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 905000 | Total |
| Program Services | 905000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108804 | Total |
| Program Services | 108804 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 569504 | Total |
| Program Services | 112593 | ProgramServices |
| Management And General | 411911 | ManagementAndGeneral |
| Fundraising | 45000 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3448412 | Total |
| Program Services | 1507809 | ProgramServices |
| Management And General | 1628124 | ManagementAndGeneral |
| Fundraising | 312479 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141442 | Total |
| Program Services | 94726 | ProgramServices |
| Management And General | 37373 | ManagementAndGeneral |
| Fundraising | 9343 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 383035 | Total |
| Program Services | 116586 | ProgramServices |
| Management And General | 235879 | ManagementAndGeneral |
| Fundraising | 30570 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335220 | Total |
| Program Services | 135078 | ProgramServices |
| Management And General | 174668 | ManagementAndGeneral |
| Fundraising | 25474 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243299 | Total |
| Program Services | 118299 | ProgramServices |
| Management And General | 125000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1775 | Total |
| Program Services | 1775 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50133 | Total |
| Program Services | 41545 | ProgramServices |
| Management And General | 8588 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94351 | Total |
| Program Services | 22559 | ProgramServices |
| Management And General | 48521 | ManagementAndGeneral |
| Fundraising | 23271 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13707 | Total |
| Program Services | 5658 | ProgramServices |
| Management And General | 8049 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Academic Programming | 321099 | 320669 | 430 | |
| Professional Developmen | 241558 | 94955 | 142692 | 3911 |
| KIPP to College | 177342 | 177342 | ||
| Contracted Services | 159418 | 68980 | 87538 | 2900 |
| Equipment | 64197 | 30135 | 34062 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61039 | Total |
| Program Services | 21067 | ProgramServices |
| Management And General | 7060 | ManagementAndGeneral |
| Fundraising | 32912 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7319335 | Total |
| Program Services | 3883580 | ProgramServices |
| Management And General | 2949895 | ManagementAndGeneral |
| Fundraising | 485860 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 447689 | BOY |
| EOY | 984797 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2626907 | BOY |
| EOY | 2918457 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2558825 | BOY |
| EOY | 971530 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50167 | BOY |
| EOY | 59205 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 241574 | LandBuildingsEquipmentBasis |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 241574 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5683588 | BOY |
| EOY | 5175563 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57667 | BOY |
| EOY | 564817 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 741164 | BOY |
| EOY | 789905 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 798831 | BOY |
| EOY | 1354722 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3092895 | BOY |
| EOY | 3163739 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1791862 | BOY |
| EOY | 657102 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4884757 | BOY |
| EOY | 3820841 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5683588 | BOY |
| EOY | 5175563 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type2 | X | SupportingOrg509a3Type2 |
| Certification Checkbox | X | CertificationCheckbox |
| Written IRS Determination | X | WrittenIRSDetermination |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation (4 entries)
| EINEIN | Type Of OrganizationTypeOfOrganization | Listed In Governing DocListedInGoverningDoc | Supported Organization NotifiedSupportedOrganizationNotified | Organized In USOrganizedInUS | AmountAmount |
|---|---|---|---|---|---|
| KIPP ACADEMY | |||||
| 113550982 | LINE 2 | 1 | 1 | 1 | $565,700 |
| KIPP AMP ACADEMY | |||||
| 202536991 | LINE 2 | 1 | 1 | 1 | $115,200 |
| KIPP INFINITY | |||||
| 202536890 | LINE 2 | 1 | 1 | 1 | $130,500 |
| KIPP STAR COLLEGE PREP | |||||
| 920178305 | LINE 2 | 1 | 1 | 1 | $93,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 4 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 905000 | SumOfAmounts |
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 D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 241574 | OtherCostOrOtherBasis |
| Book Value | 241574 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 241574 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Funds Held on Behalf of Other Org. | $667,103 |
| Due to Related Parties | $122,802 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 789905 | TotalOfAmounts |
| Total Revenue | 6255419 | TotalRevenue |
| Total Expenses | 7319335 | TotalExpenses |
| Excess Or Deficit For Year | -1063916 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | -1063916 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6391805 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 136386 | OtherRevenues |
| Revenue Not Rptd F990 | 136386 | RevenueNotRptdF990 |
| Revenue Subtotal | 6255419 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 6255419 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7455721 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 136386 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 136386 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7319335 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7319335 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | 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. Effective July 1, 2009, the Organization adopted 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 2007, 2008, and 2009 are open for federal and state tax examinations. |
| Part XII, Line 2d - Other Adjustments: | Direct special event expenses: 136386. | |
| Part XIII, Line 2d - Other Adjustments: | Direct special event expenses: 136386. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Casino Night | NameOfEvent1 |
| Gross Receipts Event1 | 462759 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 462759 | CharitableContributionsEvent1 |
| Rent Facility Costs Event1 | 70205 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 25000 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 35900 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 5281 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 462759 | GrossReceiptsTotal |
| Charitable Contributions Total | 462759 | CharitableContributionsTotal |
| Rent Facility Costs Total Events | 70205 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 25000 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 35900 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 5281 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 136386 | DirectExpenseSummaryEvents |
| Net Income Summary | -136386 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|
| KIPP ACADEMY CHARTER SCHOOL | ||||||
| 250 EAST 156TH STR | BRONX | NY | 10451 | 113550982 | 565700 | OPERATING GRANT |
| KIPP AMP ACADEMY CHARTER SCHOOL | ||||||
| 1224 PARK PLACE | BROOKLYN | NY | 11213 | 202536991 | 115200 | OPERATING GRANT |
| KIPP INFINITY CHARTER SCHOOL | ||||||
| 625 WEST 133RD ST | NEW YORK | NY | 10027 | 202536890 | 130500 | OPERATING GRANT |
| KIPP STAR COLLEGE PREP CHARTER SCHOOL | ||||||
| 433 WET 123RD ST | NEW YORK | NY | 10027 | 920178305 | 93600 | OPERATING GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Tuition Assistance | 10 | 55727 |
| Stipends | 6 | 53077 |
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: Grants are awarded to related entities as program operations support. All grants are need-based and monitored on a monthly basis. Tuition assistance and stipends are awarded to alumni of KIPP NYC schools based on need. Tuition payments are sent directly to the school which the alumni attends and enrollment is monitored by staff. Stipends are contingent upon continuous enrollment and a minimum grade point average. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| David J Levin | |||||||||||||
| 134211 | 71515 | 0 | 0 | 0 | 0 | 0 | 46717 | 7395 | 1564 | 141606 | 119796 | 0 | 0 |
| Jack Chorowsky | |||||||||||||
| 132600 | 37384 | 750 | 0 | 0 | 0 | 0 | 0 | 9050 | 0 | 142400 | 37384 | 0 | 0 |
| Quinton Vance | |||||||||||||
| 0 | 144380 | 0 | 2500 | 0 | 0 | 0 | 37095 | 0 | 4423 | 0 | 188398 | 0 | 0 |
| Vicki Zubovic | |||||||||||||
| 110311 | 44460 | 500 | 0 | 1550 | 0 | 2063 | 0 | 3336 | 1306 | 117760 | 45766 | 0 | 0 |
| Blanca Ruiz | |||||||||||||
| 0 | 133658 | 0 | 4500 | 0 | 1930 | 0 | 27116 | 0 | 4423 | 0 | 171627 | 0 | 0 |
| Joseph Negron | |||||||||||||
| 0 | 137563 | 0 | 0 | 0 | 1306 | 0 | 32305 | 0 | 4999 | 0 | 176173 | 0 | 0 |
| Francis Corcoran | |||||||||||||
| 0 | 130534 | 0 | 4500 | 0 | 1955 | 0 | 26099 | 0 | 4423 | 0 | 167511 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | There is a family relationship between David Levin (Superintendent) and Jack Chorowsky (COO) | |
| Form 990, Part VI, Section B, line 11 | Management will provide the Form 990 to the Board of Directors for review 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 the related organizations' determination of compensation for the Superintendent, COO, 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. | |
| 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. The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon written request. | |
| FORM 990, PART XI, LINE 2C | THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT PROCESS SINCE THE PRIOR YEAR. | AUDIT OVERSIGHT |
| Form 990, PART IV, LINE 34 Explanation - Disregarded Entity On April 1, 2009, KIPP NYC LLC, a disregarded entity of KIPP New York Inc., began providing management, operational and administrative support services under a Shared Services Agreement to KIPP Academy, KIPP STAR College Prep, KIPP AMP, and KIPP Infinity Charter Schools. During the period July 1, 2008 through March 31, 2009, similar services were provided to the four entities by a shared services team employed by KIPP Academy. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP NYC LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 West 133rd Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10027 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264180710 | EIN |
| Primary Activities | Provides management support services to related entities. | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Total Income | 3628984 | TotalIncome |
| EOY Assets | 1862145 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP New York Inc | BusinessNameLine1 |
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| KIPP ACADEMY CHARTER SCHOOL | |||||||||
| 250 EAST 156TH STREET | BRONX | NY | 10451 | 113550982 | Charter School | NY | 501 (c) (3) | 2 | N/A |
| KIPP AMP ACADEMY CHARTER SCHOOL | |||||||||
| 1224 PARK PLACE | BROOKLYN | NY | 11213 | 202536991 | Charter School | NY | 501 (c) (3) | 2 | N/A |
| KIPP INFINITY CHARTER SCHOOL | |||||||||
| 625 W 133RD STREET | NEW YORK | NY | 10027 | 202536890 | Charter School | NY | 501 (c) (3) | 2 | N/A |
| KIPP STAR COLLEGE PREP CHARTER SCHOOL | |||||||||
| 433 W 123RD STREET | NEW YORK | NY | 10027 | 920178305 | Charter School | NY | 501 (c) (3) | 2 | N/A |
| 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 |
| 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 | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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