2025-05-13T18:30:19-05:00 2024-06-30 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2023-07-01 943362724 KIPP FOUNDATION KIPP 4153991556 1875 MISSION STREET SUITE 103 130 SAN FRANCISCO CA 94103 LEANNE HERNANDEZ CFO 4153991556 2025-05-12 1 0 MAGA E KISRIEV P01008919 4089988400 2023 2025-03-06 01:10:19Z X SHAVAR JEFFRIES 1875 MISSION STREET SUITE 103 130 SAN FRANCISCO CA 94103 187558002 0 X WWW.KIPP.ORG X 2000 CA TO CREATE PUBLIC SCHOOLS THAT EQUIP EDUCATIONALLY UNDERSERVED STUDENTS WITH SKILLS TO SUCCEED. 14 12 301 12 0 0 68065791 101032248 7732803 7751068 2547571 2657244 352 -26667 78346517 111413893 41408205 36999057 0 0 41082945 35184983 0 0 2588816 22139616 17646149 104630766 89830189 -26284249 21583704 116066149 140977184 25895291 27686771 90170858 113290413 X TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE TO PURSUE THE PATHS THEY CHOOSE - COLLEGE, CAREER, AND BEYOND - SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD. 0 0 30796364 21050224 6059553 NETWORK GROWTH & SUSTAINABILITY: THE KIPP FOUNDATION BUILDS STRONGER, MORE CAPABLE KIPP SCHOOLS & REGIONS THAT ARE DELIVERING ON ALL ASPECTS OF KIPP'S MISSION. THE KIPP FOUNDATION PARTNERS WITH REGIONAL EXECUTIVE DIRECTORS AND SENIOR LEADERS TO UNDERSTAND THEIR UNIQUE CONTEXT TO SUPPORT THEM ON GROWTH, REGIONAL SCALE, AND PRIORITY PLANNING. THE KIPP FOUNDATION OFFERS KIPP SCHOOLS & REGIONS: - COACHING FOR EXECUTIVE DIRECTORS; - FINANCIAL AND OPERATIONAL SUPPORT; - INTEGRATION AND SCALE SUPPORT; - STRATEGIC LEADERSHIP AROUND NEW SITE DEVELOPMENT; - TECHNOLOGY SUPPORT. 23552340 10784407 0 ACADEMICS & CULTURE: TO ENSURE ALL KIPPSTERS EXPERIENCE A JOYFUL AND ACADEMICALLY EXCELLENT EDUCATION THAT UNLOCKS THEIR FULL POTENTIAL, THE KIPP FOUNDATION PARTNERS WITH KIPP SCHOOLS AND REGIONS TO BUILD SYSTEMS THAT ADVANCE ACADEMIC EXCELLENCE, ESTABLISH A HEALTHY SCHOOL CULTURE, AND ENSURE TEACHERS ARE EFFECTIVELY SUPPORTED IN EXPANDING THEIR CONTENT KNOWLEDGE AND SHARED EXPERIENCES. THE KIPP FOUNDATION ALSO PROVIDES KIPP SCHOOLS AND REGIONS WITH CURRICULUM, ASSESSMENT, AND OTHER INSTRUCTIONAL RESOURCES; AS WELL AS TRAINING AND IMPLEMENTATION SUPPORT TO MAXIMIZE INSTRUCTIONAL EFFECTIVENESS AND STUDENT OUTCOMES. 9153340 2236725 0 RESEARCH, DESIGN & INNOVATION: THE KIPP FOUNDATION SUPPORTS CONTINUOUS LEARNING AND IMPROVEMENT AMONG KIPP SCHOOLS & REGIONS BY:- CREATING ON-GOING VISIBILITY INTO KIPP'S NETWORK-WIDE PERFORMANCE AND GENERATING ACTIONABLE INSIGHTS; - ENSURING HIGH QUALITY DATA AND RESEARCH TO SUPPORT NETWORK LEADERS IN MAKING DATA-DRIVEN DECISIONS; AND - PROMOTING INNOVATION AND FACILITATING THE EXCHANGE OF IDEAS THROUGH NETWORK-WIDE RETREATS AND PROFESSIONAL DEVELOPMENT EVENTS. 14932197 2927701 1691515 POLICY & PUBLIC AFFAIRS: THE KIPP FOUNDATION HAS ADOPTED A POLICY AND PUBLIC AFFAIRS STRATEGY TO:- PROACTIVELY SHIFT THE NARRATIVE ABOUT KIPP AND CHARTERS TO PROTECT AND GROW THE KIPP BRAND, ENGAGE MORE STAKEHOLDERS AND PAVE THE WAY FOR GROWTH; - BUILD AUTHENTIC RELATIONSHIPS ROOTED IN A SHARED AGENDA TO ADVOCATE NATIONALLY AND LOCALLY ON KEY POLICY PRIORITIES THAT SUPPORT STUDENTS AND ALUMNI ON THE PATH TO LEADING CHOICE-FILLED LIVES; - CONNECT ADULT ALUMNI TO EACH OTHER AND TO KIPP;- BUILD THE CAPACITY OF KIPP SCHOOLS & REGIONS TO LEVERAGE KIPP'S NATIONAL SCALE AND COMMUNICATE AND ADVOCATE PROACTIVELY IN A COORDINATED MANNER.NETWORK TALENT & LEADERSHIP DEVELOPMENT: THE KIPP FOUNDATION PARTNERS WITH KIPP SCHOOLS & REGIONS TO BUILD AND SUSTAIN HEALTHY TALENT ECOSYSTEMS TO ENSURE STRONG, EQUITABLE, INCLUSIVE TALENT PLANNING, RECRUITMENT, SELECTION AND DEVELOPMENT OF TEACHERS AND LEADERS. THE KIPP FOUNDATION ALSO SUPPORTS THE DEVELOPMENT OF KIPP PRINCIPALS AND DISTRICT LEADERS THROUGH A SYSTEMIC STRATEGY TO ENSURE HEALTHY PRINCIPAL PIPELINES.KIPP FORWARD:THE KIPP FOUNDATION SUPPORTS KIPP SCHOOLS AND REGIONS IN STRENGTHENING THEIR COLLEGE COUNSELING AND ALUMNI ADVISING TO ENSURE THAT KIPP ALUMNI ARE PREPARED FOR THE EDUCATIONAL AND CAREER PATH THAT FITS THEIR GOALS AND SENSE OF PURPOSE. THE KIPP FOUNDATION HAS CREATED A SET OF NATIONAL INITIATIVES AND PROGRAMS DESIGNED TO SUPPORT AND PROVIDE RESOURCES TO LOCAL KIPP FORWARD PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS INCLUDE: - COLLEGE PARTNERSHIPS; - SUPPORT FOR KIPP ALUMNI ON COLLEGE CAMPUSES; - CAREER EXPOSURE AND EXPLORATION; - AND PROFESSIONAL DEVELOPMENT FOR SCHOOL LEADERS THROUGH TRAINING, AND SHARED TOOLS AND RESOURCES. 14932197 2927701 1691515 78434241 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 708 0 1 301 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI ID IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X LEANNE HERNANDEZ 5124348627 1501 BROADWAY SUITE 1000 NEW YORK NY 100365601 JOHN FISHER BOARD MEMBER 1.00 X 0 0 0 KATHERINE BRADLEY CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 REED HASTINGS BOARD MEMBER 1.00 X 0 0 0 EMMA BLOOMBERG BOARD MEMBER 1.00 X 0 0 0 MARTHA KARSH BOARD MEMBER 1.00 X 0 0 0 MICHAEL LOMAX BOARD MEMBER 1.00 X 0 0 0 MARK NUNNELLY BOARD MEMBER 1.00 X 0 0 0 CARRIE WALTON PENNER BOARD MEMBER 1.00 X 0 0 0 ABIGAIL WEXNER BOARD MEMBER 1.00 X 0 0 0 MARIA ANGUIANO BOARD MEMBER 1.00 X 0 0 0 A'DORIAN MURRAY-THOMAS BOARD MEMBER 1.00 X 0 0 0 MARSHA REEVES BOARD MEMBER 1.00 X 0 0 0 SHAVAR JEFFRIES CEO AND BOARD MEMBER 40.00 X X 709670 0 52819 DAVE LEVIN STRATEGIC ADVISOR & BOARD MEMBER 40.00 X 270045 0 42019 LEANNE HERNANDEZ CFO (PARTIAL YEAR) 40.00 X 55391 0 4650 CAROLYN HACK INTERIM CFO (PARTIAL YEAR) 40.00 X 233317 0 40747 NEYHA RAJAN INTERIM GC/INTERIM SEC(PARTIAL YEAR) 40.00 X 159215 0 2661 PATRICIA COAD VP DEV/INTERIM SEC (PARTIAL YEAR) 40.00 X 266309 0 24223 AISHA CHRISTIAN CHIEF LEGAL OFF/SEC (PARTIAL YEAR) 40.00 X 107495 0 7689 KINNARI PATEL-SMYTH PRESIDENT 40.00 X 488106 0 52819 JONATHAN COWAN CHIEF DATA & TECHNOLOGY OFFICER 40.00 X 300778 0 52819 JOHN ALFORD CHIEF NETWORK GROWTH OFFICER 40.00 X 284679 0 49732 COURTNEY BELL CHIEF PEOPLE OFFICER 40.00 X 270720 0 24806 ANNE LATARTE CHIEF STRATEGY OFFICER 40.00 X 265412 0 9260 BENNY VASQUEZ CHIEF EQUITY & DIVERSITY OFFICER 40.00 X 255873 0 37164 3667010 0 401408 159 0 1 0 XMEDIA GROUP LLC 203 OAKHURST PL SAN ANTONIO TX 78209 REGIONAL MARKETING 4476017 ARRAY EDUCATION 25 BROADWAY 3RD FLOOR NEW YORK NY 10004 LITERACY INSTRUCTION SERVICES 2542000 LINKEDIN CORPORATION 1000 W MAUDE AVE SUNNYVALE CA 94085 STAFF RECRUITMENT SERVICES 416073 HYATT EQUITIES LLC 9300 BRYN MAWR AVE ROSEMONT IL 60018 CONFERENCE SERVICES 346904 ISAACSON MILLER INC 263 SUMMER ST BOSTON MA 02210 STAFF RECRUITMENT SERVICES 346648 34 18813926 82218322 555585 101032248 LICENSE FEES 900099 6059553 6059553 NETWORK SUPPORT SERVIC 900099 1691515 1691515 7751068 2815372 2815372 26448 41703 -15255 -15255 -15255 75944278 76102406 -158128 -158128 -158128 LOSS ON ASSET DISPOSAL 900099 -11412 -11412 -11412 111413893 7751068 0 2630577 35583014 35583014 1416043 1416043 2117284 1112223 748811 256250 24550756 21021284 2054991 1474481 871999 871999 5656853 5284761 372092 1988091 1988091 235662 235662 244645 244645 99867 99867 6988560 6461397 239318 287845 535826 513422 10283 12121 1485400 796823 666191 22386 902860 488433 384458 29969 891395 36796 852728 1871 2927936 2624610 219369 83957 1780190 1740799 33637 5754 551230 437241 88469 25520 204048 161853 32748 9447 EMPLOYEE RECRUITING COS 418434 232076 181858 4500 DATA ACQUISITION 281554 281554 OTHER EXPENSES 98542 6250 89669 2623 89830189 78434241 8807132 2588816 46235103 22305520 16289168 51548677 6527286 7482054 7133334 4645000 637423 1112745 7985864 6914279 1335558 1071585 33965088 49249351 3943189 3562252 116066149 140977184 14238275 15776154 11657016 11910617 25895291 27686771 X 43371946 51230429 46798912 62059984 90170858 113290413 116066149 140977184 21583704 1470851 65000 0 X 0 1 X 1 1 1 X 90984402 81513835 122944583 68065791 101032248 464540859 90984402 81513835 122944583 68065791 101032248 464540859 160087739 304453120 547153 358277 1507624 3287571 2841820 8542445 3960 1861 5821 473089125 36443795 0.64350 0.62190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 3,960. 2020 AMOUNT: $ 1,861. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 7699 0 0 1 57010 1 177737 0 242446 0 PART II-B, LINE 1: THE FOUNDATION HAS A VICE PRESIDENT, POLICY & IMPACT AND A SENIOR DIRECTOR, POLICY & ADVOCACY WHO LOBBY TO MODERNIZE THE CHARTER SCHOOLS PROGRAM ON THE NATIONAL LEVEL. EXPENSES IN LINES 1D, 1E, 1G AND 1H INCLUDE A PORTION OF THE SALARY OF THESE INDIVIDUALS. 1496797 802004 694793 631702 631702 0 5857365 5480573 376792 1071585 GUARANTEES 100000 GOVERNMENT ADVANCE 8347233 LEASE OBLIGATION 3463384 11910617 X 116950497 1470851 4123917 5594768 111355729 99867 -41703 58164 111413893 93830942 4123917 -65000 41703 4100620 89730322 99867 99867 89830189 PART X, LINE 2: THE FOUNDATION HAS RECEIVED DETERMINATION FROM THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM THE STATE OF CALIFORNIA FRANCHISE TAX BOARD GRANTING EXEMPTION FROM TAXATION ON RELATED INCOME. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, IF ANY, GENERATED BY ITS INVESTMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THESE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED TO REVENUE -41,703. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED TO REVENUE 41,703. 1 KIPP BALTIMORE 2000 EDGEWOOD ST BALTIMORE MD 21216 201347748 501(C)(3) 438318 0 ACADEMIC ONE KIPP INITIATIVES, STUDENT RECRUITMENT INITIATIVES, KIPP CAPITAL REGION PUBLIC SCHOOLS (FKA ALBANY) 321 NORTHERN BLVD ALBANY NY 12210 522342513 501(C)(3) 2624692 0 ACADEMIC ONE KIPP INITIATIVES, PRINCIPAL PIPELINE & DEVELOPMENT, STUDENT RECRUITMENT INITIATIVES, GPA DATA INFRASTRUCTURE MANAGEMENT, SCHOOL START-UP KIPP CHICAGO 2007 SOUTH HALSTED ST CHICAGO IL 60608 300075271 501(C)(3) 1108449 0 ACADEMIC ONE KIPP INITIATIVES, PRINCIPAL PIPELINE & DEVELOPMENT, ADVOCACY AND COMMUNITY OUTREACH, AI MATH PILOT, SCHOOL START-UP KIPP COLORADO SCHOOLS 1390 LAWRENCE ST DENVER CO 80204 800037534 501(C)(3) 493798 0 ACADEMIC ONE KIPP INITIATIVES, EXECUTIVE DIRECTOR SUPPORT, POSTSECONDARY NUDGE PROGRAM KIPP COLUMBUS 2900 INSPIRE DRIVE COLUMBUS OH 43224 208627107 501(C)(3) 949579 0 ACADEMIC ONE KIPP INITIATIVES, ADVOCACY AND COMMUNITY OUTREACH, STUDENT RECRUITMENT INITIATIVES, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY NUDGE PROGRAM KIPP COOPER NORCROSS ACADEMY 60 PARK PLACE STE 802 NEWARK NJ 07102 455040456 501(C)(3) 30000 0 ACADEMIC ONE KIPP INITIATIVES KIPP DC PUBLIC SCHOOLS 2600 VIRGINIA AVE NW STE 900 WASHINGTON DC 20037 742974642 501(C)(3) 1892696 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY CAREER PATHWAYS SUPPORT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP DELTA PUBLIC SCHOOLS 415 OHIO STREET HELENA AZ 72342 311807400 501(C)(3) 291753 0 ACADEMIC ONE KIPP INITIATIVES, EXECUTIVE DIRECTOR SUPPORT, POSTSECONDARY NUDGE PROGRAM KIPP INDIANAPOLIS 1740 EAST 30TH STREET INDIANAPOLIS IN 46218 300145826 501(C)(3) 387417 0 ACADEMIC ONE KIPP INITIATIVES, ADVOCACY AND COMMUNITY OUTREACH, STUDENT RECRUITMENT INITIATIVES KIPP JACKSONVILLE SCHOOLS 1440 MCDUFF AVENUE NORTH JACKSONVILLE FL 32254 264046741 501(C)(3) 513165 0 ACADEMIC ONE KIPP INITIATIVES, ADVOCACY AND COMMUNITY OUTREACH, PRINCIPAL PIPELINE & DEVELOPMENT, EXECUTIVE DIRECTOR SUPPORT, SCHOOL START-UP KIPP KANSAS CITY 2700 E 18TH ST KANSAS CITY MO 64127 208552002 501(C)(3) 407156 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM, STUDENT RECRUITMENT INITIATIVES, SCHOOL START-UP KIPP MASSACHUSETTS 90 HIGH ROCK STREET LYNN MA 01902 743153091 501(C)(3) 482980 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT KIPP MEMPHIS PUBLIC SCHOOLS 2670 UNION AVENUE EXTENDED 1100 MEMPHIS TN 38112 680502820 501(C)(3) 283806 0 ACADEMIC ONE KIPP INITIATIVES, ADVOCACY AND COMMUNITY OUTREACH, STUDENT RECRUITMENT INITIATIVES, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM KIPP METRO ATLANTA 1445 MAYNARD ROD NW ATLANTA GA 30331 113723114 501(C)(3) 616362 0 ACADEMIC ONE KIPP INITIATIVES, ADVOCACY AND COMMUNITY OUTREACH, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP MIAMI INC 6745 NW 23RD AVENUE MIAMI FL 33147 814473475 501(C)(3) 547748 0 ACADEMIC ONE KIPP INITIATIVES, STUDENT RECRUITMENT INITIATIVES, SCHOOL START-UP KIPP MINNESOTA 5034 N OLIVER AVENUE MINNEAPOLIS MN 55430 208877750 501(C)(3) 137567 0 ACADEMIC ONE KIPP INITIATIVES KIPP NASHVILLE 123 DOUGLAS AVENUE NASHVILLE TN 37207 202799123 501(C)(3) 2116692 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP NEW ORLEANS SCHOOLS 1055 ST CHARLES AVE STE 400 NEW ORLEANS LA 70130 202277213 501(C)(3) 843630 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP NORTH CAROLINA PUBLIC SCHOOLS INC 1107 HOLLOWAY STREET DURHAM NC 27701 861211081 501(C)(3) 1323647 0 ACADEMIC ONE KIPP INITIATIVES, PRINCIPAL PIPELINE & DEVELOPMENT, STUDENT RECRUITMENT INITIATIVES, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP NORTHERN CALIFORNIA PUBLIC SCHOOLS 1000 BROADWAY 460 OAKLAND CA 94607 205010766 501(C)(3) 3239720 0 ACADEMIC ONE KIPP INITIATIVES, PRINCIPAL PIPELINE & DEVELOPMENT, EXECUTIVE DIRECTOR SUPPORT, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY NUDGE PROGRAM KIPP NYC PUBLIC SCHOOLS 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 203971209 501(C)(3) 3618773 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY COLLABORATIVE, POSTSECONDARY CAREER INTEGRATION, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP OKLAHOMA CITY 1901 NE 13TH STREET OKLAHOMA CITY OK 73117 300005794 501(C)(3) 408864 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP PHILADELPHIA (KIPP ADMINISTRATIVE SERVICES) 5070 PARKSIDE AVE STE 3500D MAILBOX 41 PHILADELPHIA PA 19131 050546103 501(C)(3) 1248860 0 ACADEMIC ONE KIPP INITIATIVES, EXECUTIVE DIRECTOR SUPPORT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP SOUTHERN CALIFORNIA PUBLIC SCHOOLS 1933 S BROADWAY SUITE 1144 LOS ANGELES CA 90007 261607268 501(C)(3) 4539489 0 ACADEMIC ONE KIPP INITIATIVES, ADVOCACY AND COMMUNITY OUTREACH, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP ST LOUIS PUBLIC SCHOOLS 1310 PAPIN ST STE 203 ST LOUIS MO 63103 010916759 501(C)(3) 775066 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM KIPP TEXAS PUBLIC SCHOOLS 10711 KIPP WAY HOUSTON TX 77099 133875888 501(C)(3) 3032196 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY CAREER PATHWAYS, STUDENT RECRUITMENT SUPPORT, EXECUTIVE DIRECTOR SUPPORT, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY GPA DATA INFRASTRUCTURE MANAGEMENT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP TULSA PUBLIC CHARTER SCHOOLS 1661 EAST VIRGIN STREET TULSA OK 74106 113740269 501(C)(3) 387633 0 ACADEMIC ONE KIPP INITIATIVES, POSTSECONDARY READINESS SUPPORT, POSTSECONDARY NUDGE PROGRAM, SCHOOL START-UP KIPP WHOLE CHILD CENTER - KIPP DETROIT PUBLIC SCHOOLS 19321 W CHICAGO DETROIT MI 48228 873583179 501(C)(3) 1053725 0 ACADEMIC ONE KIPP INITIATIVES, EXECUTIVE DIRECTOR SUPPORT, SCHOOL START-UP TEAM ACADEMY CHARTER SCHOOLS - KIPP NEW JERSEY 60 PARK PLACE STE 802 NEWARK NJ 07102 010660264 501(C)(3) 1789233 0 ACADEMIC ONE KIPP INITIATIVES, PRINCIPAL PIPELINE & DEVELOPMENT, POSTSECONDARY CAREER PATHWAY SUPPORT, SCHOOL START-UP 29 0 ALUMNI SCHOLARSHIP 5 10261 BARTH ONWARD FELLOWS SCHOLARSHIP FUND 10 49400 DREAMSCAPE SCHOLARSHIPSHIP 3 22253 EXECUTIVE DIRECTORS MILESTONE RECOGNITION FY24 3 22934 FOUNDERS AWARD 16 160000 KIPP FORWARD ANNUAL COMMUNITY AWARD 2 15000 KIPP HEART AND SOL AWARD 12 7750 LYNCH SCHOLARSHIP 5 62404 MICROGRANT 1 5000 RALES SCHOLARSHIPSHIP 100 1005510 WEBB SCHOLARSHIP 6 55531 PART I, LINE 2: THE FOUNDATION GIVES GRANTS TO KIPP REGIONS BASED ON NEED OR SPECIFICATION FROM THE GRANTOR. EACH GRANT HAS A SEPARATE SET OF CRITERIA AND IS REVIEWED BY FOUNDATION STAFF FOR COMPLIANCE AND MERIT. SCHEDULE I, PART I, LINE 2 U.S. DEPARTMENT OF EDUCATION (US ED) SCHOOL GRANTS ARE APPLIED FOR BY THE INDIVIDUAL SCHOOLS THROUGH SUBMISSION OF DETAILED BUDGET REQUESTS, WHICH ARE ULTIMATELY APPROVED FOR FUNDING BY THE U.S. DEPARTMENT OF EDUCATION. UPON AWARD, GRANT LETTERS ARE PROVIDED TO EACH OF THE SCHOOLS STATING SPECIFIC TERMS FOR COSTS ACCEPTED FOR FUNDING AND BUDGET COMPLIANCE. IN ADDITION, A CONFERENCE CALL IS HELD DIRECTLY WITH THE KIPP FEDERAL GRANTS MANAGEMENT TEAM AND A REPRESENTATIVE FROM EACH OF THE KIPP SCHOOLS AWARDED FUNDING TO REVIEW THE AWARD GUIDELINES. COMPLIANCE THROUGHOUT THE YEAR IS MONITORED BY THE KIPP FOUNDATION FINANCE TEAM THROUGH THE REVIEW OF THE QUARTERLY DRAWDOWN REQUESTS AND SITE VISITS AS APPLICABLE. EACH RECIPIENT SCHOOL IS REQUIRED TO SUBMIT APPROPRIATE DOCUMENTATION FOR ALL EXPENSES FOR WHICH THEY ARE REQUESTING TO DRAWDOWN FUNDS. KIPP FOUNDATION REVIEWS EACH REQUEST FOR ACCURACY AND ALLOWABILITY, IN ACCORDANCE WITH THE ORIGINAL BUDGET REQUEST. RECIPIENT SCHOOLS ARE SUBJECT TO AN ANNUAL SINGLE AUDIT AS APPLICABLE AND REVIEW OF SCHOOL FINANCIAL STATEMENTS TO ENSURE THAT EACH SCHOOL RECEIVED AN UNQUALIFIED OPINION. FINALLY, KIPP FOUNDATION PROVIDES AN ANNUAL REPORT TO THE U.S. DEPARTMENT OF EDUCATION REGARDING FUNDS RECEIVED DURING THE PREVIOUS FISCAL YEAR TO ENSURE COMPLIANCE. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 SHAVAR JEFFRIES CEO AND BOARD MEMBER 707368 0 0 0 2302 0 10800 0 42019 0 762489 0 0 0 KINNARI PATEL-SMYTH PRESIDENT 485710 0 0 0 2396 0 10800 0 42019 0 540925 0 0 0 JONATHAN COWAN CHIEF DATA & TECHNOLOGY OFFICER 298172 0 0 0 2606 0 10800 0 42019 0 353597 0 0 0 JOHN ALFORD CHIEF NETWORK GROWTH OFFICER 281505 0 0 0 3174 0 7713 0 42019 0 334411 0 0 0 DAVE LEVIN STRATEGIC ADVISOR & BOARD MEMBER 267585 0 0 0 2460 0 0 0 42019 0 312064 0 0 0 COURTNEY BELL CHIEF PEOPLE OFFICER 268510 0 0 0 2210 0 10800 0 14006 0 295526 0 0 0 BENNY VASQUEZ CHIEF EQUITY & DIVERSITY OFFICER 253716 0 0 0 2157 0 10553 0 26611 0 293037 0 0 0 PATRICIA COAD VP DEV/INTERIM SEC (PARTIAL YEAR) 263773 0 750 0 1786 0 10800 0 13423 0 290532 0 0 0 ANNE LATARTE CHIEF STRATEGY OFFICER 262875 0 0 0 2537 0 9260 0 0 0 274672 0 0 0 CAROLYN HACK INTERIM CFO (PARTIAL YEAR) 227048 0 0 0 6269 0 9366 0 31381 0 274064 0 0 0 NEYHA RAJAN INTERIM GC/INTERIM SEC(PARTIAL YEAR) 32737 0 0 0 126478 0 2006 0 655 0 161876 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES A $200 TOTAL ANNUAL HEALTH AND WELLNESS INCENTIVE TO ALL ACTIVE/REGULAR STATUS EMPLOYEES WORKING 20 HOURS OR MORE PER WEEK. PART I, LINE 4A NEYHA RAJAN, INTERIM GENERAL COUNSEL & INTERIM BOARD SECRETARY, RECEIVED SEVERANCE PAYMENT OF $109,125 IN CALENDAR YEAR 2023. X 5 555585 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTORS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 8B THE AUDIT COMMITTEE AND FINANCE COMMITTEE DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE FINANCE TEAM PREPARED THE 2023 990 ORGANIZER TABS, WHICH WERE EITHER REVIEWED BY THE VICE PRESIDENT OF FINANCE (CONTROLLER), THE VICE PRESIDENT OF FINANCIAL PLANNING & SUPPORT, OR SENIOR DIRECTOR OF GRANTS MANAGEMENT. THE ORGANIZER WAS FORWARDED TO HOOD AND STRONG, LLP FOR PREPARATION OF THE FORM 990. UPON PREPARATION OF THE 990 DRAFT, THE SENIOR DIRECTOR, ACCOUNTING & AUDIT, THE VICE PRESIDENT OF FINANCIAL PLANNING & SUPPORT, THE CHIEF FINANCIAL OFFICER, AND THE CHIEF LEGAL OFFICER REVIEWED THE DRAFT. THE DRAFT WAS PRESENTED TO THE AUDIT COMMITTEE MEMBERS DURING VIRTUAL SESSION BY PAID PREPARERS. THE AUDIT COMMITTEE MEMBERS WERE ENCOURAGED TO REVIEW THE FORM 990 AND DIRECT THEIR QUESTIONS TO THE CFO AND/OR CLO. UPON SATISFACTION OF ANY QUESTIONS, THE FORM 990 WAS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AS DEFINED IN THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST ON AN ONGOING BASIS IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY AND KIPP FOUNDATION CODE OF ETHICS, WHICH REQUIRE DISCLOSURE WHEREVER A POTENTIAL CONFLICT ARISES. IF THE BOARD DETERMINES THERE IS A CONFLICT OF INTEREST, THE CHAIRMAN OF THE BOARD SHALL, IF APPROPRIATE, REQUEST AN INVESTIGATION OF ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD WILL THEN VOTE ON WHETHER OR NOT TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON MAY NOT VOTE ON WHETHER THE TRANSACTION OR ARRANGEMENT IS A CONFLICT OF INTEREST NOR WHETHER IT SHOULD BE APPROVED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR APPROVAL INVOLVES AN INDEPENDENT THIRD PARTY ORGANIZATION PROVIDING INFORMATION WHICH: * PROVIDES MARKET COMPARABILITY DATA TO ASSIST THE BOARD IN MAKING DECISIONS REGARDING ANY POTENTIAL CHANGES TO THE CURRENT COMPENSATION PROGRAM, * EVALUATES THE COMPETITIVENESS OF THE CURRENT COMPENSATION ARRANGEMENTS AND ADVISE THE BOARD ON THE RANGE OF COMPETITIVE PRACTICES FOR FUNCTIONALLY COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS PROVIDING SIMILAR SERVICES, * PROVIDES OPINION ON THE REASONABLENESS OF THE PROPOSED COMPENSATION ARRANGEMENTS, TAKING ALL RELEVANT FACTORS INTO CONSIDERATION, TO ASSIST THE BOARD WITH ITS GOVERNANCE RESPONSIBILITIES UNDER INTERNAL REVENUE CODE SECTION 4958 AND APPLICABLE REGULATIONS, COMMONLY REFERRED TO AS THE "INTERMEDIATE SANCTIONS" LEGISLATION, AND * FINALLY, SAID COMPENSATION IS APPROVED BY THE KIPP FOUNDATION'S BOARD. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR THE SAME PERIOD OF TIME SET FORTH IN IRC 6104(D). DOCUMENTS MAY BE VIEWED AT WWW.KIPP.ORG AND UPON REQUEST.