2024-05-14T11:30:08-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 455040456 KIPP COOPER NORCROSS INC A NEW JERSEY NONPROFIT CORPORATION KIPP 9737053209 60 PARK PLACE 802 NEWARK NJ 07102 STEVEN SMALL CFO 9737053209 2024-05-14 1 STEVEN SMALL XXX-XX-XXXX 1 MATTHEW MCGINNIS CPA P01585083 5083669100 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVEN SMALL 60 PARK PLACE SUITE 802 NEWARK NJ 07102 65584678 0 X WWW.KIPPNJ.ORG X 2012 NJ THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986 TO OPRATE NONPROFIT EDUCATIONAL INSTITUTIONS IN NJ. 5 5 389 9 0 0 52607321 64607074 30000 66185 196 731419 182503 180000 52820020 65584678 0 0 0 0 24689512 29980694 0 0 290714 25783660 33482822 50473172 63463516 2346848 2121162 149839961 211683054 146661980 206383911 3177981 5299143 X THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986 TO OPERATE NONPROFIT EDUCATIONAL INSTITUTIONS, INCLUDING BUT NOT LIMITED TO, A RENAISSANCE SCHOOL OR SCHOOLS, WITHIN THE STATE OF NJ AND TO DEAL GENERALLY WITHIN. 0 0 49714343 66185 THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986 TO OPERATE NONPROFIT EDUCATIONAL INSTITUTIONS, INCLUDING, BUT NOT LIMITED TO, A RENAISSANCE SCHOOL OR SCHOOLS, WITHIN THE STATE OF NJ AND TO DEAL GENERALLY THEREIN. 49714343 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 73 0 1 389 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X STEVEN SMALL 9736220905 60 PARK PLACE SUITE 802 NEWARK NJ 07102 X X RAHUL GOYAL PRESIDENT AND TRUSTEE 5.00 X X 0 0 0 MICHAEL GOODMAN TRUSTEE (UNTIL 2/2023) 5.00 X 0 0 0 SHEILA ROBERTS TRUSTEE (UNTIL 2/2023) 5.00 X 0 0 0 MARCUS WORLDS TRUSTEE (UNTIL 2/2023) 5.00 X 0 0 0 WILLIAM SMITH TRUSTEE (UNTIL 2/2023) 5.00 X 0 0 0 JORDAN METZGER TRUSTEE 5.00 X 0 0 0 CHRISTINE CHOI TRUSTEE 5.00 X 0 0 0 KATHLEEN NUGENT HUGHES TRUSTEE 5.00 X 0 0 0 CHRIS KEATING TRUSTEE 5.00 X 0 0 0 RYAN HILL CHIEF SCHOOLS ADMIN 40.00 X 0 0 0 STEVE SMALL CFO 40.00 X 0 0 0 DREW MARTIN EXECUTIVE DIRECTOR 40.00 X 0 0 0 ANNE KADOWAKI HEAD OF SCHOOLS 40.00 X 212742 0 7831 BRIDGIT CUSATO-ROSA SCHOOL LEADER 40.00 X 187991 0 20105 TRAVIS DEMPSEY SCHOOL LEADER 40.00 X 167606 0 20199 MARC TAN ASSISTANT SCHOOL LEADER 40.00 X 147535 0 11525 BRITTANY GOODMAN SCHOOL LEADER 40.00 X 144017 0 1500 859891 0 61160 9 0 1 0 INTECH CONSTRUCTION LLC 3020 MARKET STREET PHILADEPHIA PA 19104 CONSTRUCTION 12640926 ARAMARK MANAGEMENT LLC 2134 42ND STREET PENNSAUKEN NJ 08110 CONSTRUCTION 1837560 SHI INTERNATIONAL CORP PO BOX 952121 DALLAS TX 75395 IT SERVICES 731983 FIRST STUDENT INC 191 ROSA PARKS STREET 8TH FLOOR CINCINNATI OH 45202 TRANSPORTATION 543023 MAC'S JANITORIAL SERVICE 858 NORTH LENOLA ROAD UNIT 1A MOORESTOWN NJ 08057 JANITORIAL SERVICES 457494 16 71250 57546823 6989001 64607074 FOOD SERVICE 611710 66185 66185 66185 731419 731419 SUBLEASE INCOME 900002 180000 180000 180000 65584678 66185 0 911419 X 23634010 20268301 3365709 1700384 1458233 242151 3286846 2818768 468078 1359454 1165855 193599 105845 105845 7598155 2067759 5239682 290714 2717903 2717903 8813656 7558507 1255149 3529736 3027068 502668 398174 398174 SUPPLIES 4952054 3383979 1568075 FINANCING COST 2139294 2139294 FOOD SERVICE EXPENSES 1779024 1779024 TPAF EXPENSES 837925 718596 119329 611056 611056 63463516 49714343 13458459 290714 20183798 47869881 9147092 7208371 617302 71009 142687377 13972962 109913292 128714415 9978477 27819378 149839961 211683054 11579969 13368695 84130000 128277416 84833155 6804595 24052061 146661980 206383911 X 14132092 17957577 -10954111 -12658434 0 0 3177981 5299143 149839961 211683054 2121162 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97365035 13768784 83596251 621530 123552 497978 161620 80626 80994 44539192 44539192 128714415 OTHER ACCOUNTS RECEIVABLE 1574008 RIGHT-TO-USE ASSETS - LAND LEASES, NET 9007437 PENSION DEFERRED OUTFLOWS 17237933 27819378 OTHER ACCOUNTS PAYABLE 76504 ACCRUED INTEREST 6579126 PENSION LIABILITY 15047456 PENSION DEFERRED INFLOWS 2348975 24052061 X PART X, LINE 2: THE RENAISSANCE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE RENAISSANCE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023. THE RENAISSANCE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL ADVERTISES PUBLICLY FOR ITS STUDENTS TO APPLY AND THE SELECTION IS TOTALLY NONDISCRIMINATORY AND IS MADE THROUGH AN INDEPENDENT LOTTERY. SCHEDULE E, PART I, LINE 6 THE SCHOOL OPERATES AS A NJ PUBLIC SCHOOL UNDER THE NJ STATE DEPT OF EDUCATION. THE SCHOOL ALSO RECEIVES FEDERAL FUNDING TO HELP PROMOTE THEIR ACADEMICS. 0 0 0 0 0 0 0 0 0 ANNE KADOWAKI HEAD OF SCHOOLS 212742 0 0 0 0 0 1500 0 6331 0 220573 0 0 0 BRIDGIT CUSATO-ROSA SCHOOL LEADER 187991 0 0 0 0 0 1500 0 18605 0 208096 0 0 0 TRAVIS DEMPSEY SCHOOL LEADER 167606 0 0 0 0 0 1500 0 18699 0 187805 0 0 0 MARC TAN ASSISTANT SCHOOL LEADER 147535 0 0 0 0 0 1500 0 10025 0 159060 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR IS COMPENSATED BY KIPP TEAM AND FAMILY SCHOOLS. A THE CAMDEN COUNTY IMPROVEMENT AUTHORITY 222681222 13281PAD9 2022-11-15 84267434 TO FINANCE THE HATCH SCHOOL PROJECT AND WHITTIER HIGH SCHOOL PROJECT 0 1 0 A 84267434 7716444 1685348 74865642 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER MAANGEMENT DUTIES TO KIPP TEAM AND FAMILY SCHOOLS, A NJ NONPROFIT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL REVIEWS THE FORM 990 WITH THE OUTSIDE AUDITOR BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ADHERES TO THE CONFLICT OF INTEREST POLICY AS PRESCRIBED BY THE NJ DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES ALL SALARIES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY CONTACTING THE ADMINISTRATION AT THE SCHOOL. FORM 990, PART VII, LINE 1A: THE EXECUTIVE DIRECTOR, CFO, AND CHIEF SCHOOLS ADMIN ARE EMPLOYEES OF THE CHARTER MANAGEMENT ORGANIZATION (CMO) AND COMPENSATED BY THE CMO RATHER THAN THE SCHOOL. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 2,067,759. MANAGEMENT AND GENERAL EXPENSES 5,239,682. FUNDRAISING EXPENSES 290,714. TOTAL EXPENSES 7,598,155. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. KCNA PROJECT LLC 60 PARK PLACE SUITE 802 NEWARK NJ 07102 455040456 FACILITATE CONSTRUCTION PROJECTS FOR KCNA NJ 0 0 KIPP COOPER NORCROSS INC