KIPP NYC PUBLIC CHARTER SCHOOLS II: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- KIPP NYC PUBLIC CHARTER SCHOOLS II (EIN 83-4247585)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202501359349313255
- Schema version
- 2023v6.0
- 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 E
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T15:10:55-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 834247585 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIPP NYC PUBLIC CHARTER SCHOOLS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIPP | BusinessNameControlTxt |
| Phone | 2129912610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 BROADWAY 10TH FLOOR 1000 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NATALIE WEBB | PersonNm |
| Person Title | DEPUTY SUPERINTENDENT | PersonTitleTxt |
| Phone | 2129912610 | PhoneNum |
| Signature | 2025-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAITLIN LIMOGES CPA | PreparerPersonNm |
| PTIN | P01633588 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2025-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NATALIE WEBB | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 BROADWAY 10TH FLOOR 1000 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $186,133,849 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.KIPPNYC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | OPERATE AND MAINTAIN A PUBLIC SCHOOL CHARTERED BY THE NEW YORK STATE BOARD OF REGENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 1222 | TotalEmployeeCnt |
| Total Volunteers | 65 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $148,002,494 | PYContributionsGrantsAmt |
| CY Contributions Grants | $184,825,463 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $425,497 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $593,635 | CYProgramServiceRevenueAmt |
| PY Investment Income | $56 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,229 | CYInvestmentIncomeAmt |
| PY Other Revenue | $592,793 | PYOtherRevenueAmt |
| CY Other Revenue | $713,522 | CYOtherRevenueAmt |
| PY Total Revenue | $149,020,840 | PYTotalRevenueAmt |
| CY Total Revenue | $186,133,849 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $28,570 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $96,419,297 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $103,799,577 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $50,412,560 | PYOtherExpensesAmt |
| CY Other Expenses | $79,017,222 | CYOtherExpensesAmt |
| PY Total Expenses | $146,860,427 | PYTotalExpensesAmt |
| CY Total Expenses | $182,846,799 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,160,413 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,287,050 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $74,783,704 | TotalAssetsBOYAmt |
| Total Assets EOY | $353,462,676 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $50,774,514 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $324,697,257 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,009,190 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,765,419 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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 CREATE A MORE JUST WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $159,672,971 | ExpenseAmt |
| Grant | $30,000 | GrantAmt |
| Revenue | $593,635 | RevenueAmt |
| Desc | OPERATION OF THE CHARTER SCHOOL FOR APPROXIMATELY 8,440 STUDENTS ATTENDING KINDERGARTEN THROUGH GRADE 12. | Desc |
| Total Program Service Expenses | $159,672,971 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 203 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1222 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2129912610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1501 BROADWAY 10TH FLOOR 1000 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| KANGE KANEENE | |||||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| RICHARD TAFT | |||||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | 0.75 | ||
| GWENDOLYN BRUNSON | |||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | 0.50 | |||
| ANN-JANETTE FUENTES | |||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||||
| CINDY MARTE | |||||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | ||||
| ALICIA JOHNSON | |||||||||
| CHIEF EXECUTIVE OFFICER | 2.00 | Yes (X) | $0 | $463,490 | $46,206 | 38.00 | |||
| NATALIE WEBB | |||||||||
| DEPUTY SUPERINTENDENT | 19.00 | Yes (X) | $0 | $322,420 | $53,847 | 21.00 | |||
| DIANE FLYNN | |||||||||
| CHIEF REAL ESTATE OFF. (UNTIL 3/24) | 1.00 | Yes (X) | $0 | $115,621 | $17,925 | 39.00 | |||
| TESSA KRATZ | |||||||||
| SR. MD OF KIPP FORWARD | 16.00 | $0 | $207,460 | $34,035 | 24.00 | Yes (X) | |||
| MONICA SAMUELS | |||||||||
| PRINCIPAL | 31.00 | $230,009 | $0 | $47,950 | 9.00 | Yes (X) | |||
| SUZANNE DEYOUNG | |||||||||
| CHIEF FINANCIAL OFFICER | 1.00 | $0 | $224,148 | $30,634 | 39.00 | Yes (X) | |||
| QUINTON VANCE | |||||||||
| MD ELEMENTARY SCHOOLS | 40.00 | $0 | $115,483 | $20,781 | Yes (X) | ||||
| JOSEPH NEGRON | |||||||||
| MATH TEACHER | 40.00 | $212,979 | $0 | $33,467 | Yes (X) | ||||
| BARBARA DEPESA | |||||||||
| ASST. PRINCIPAL TEACH/LEARN | 32.00 | $216,190 | $0 | $12,279 | 8.00 | Yes (X) | |||
| BRANDI VARDIMAN | |||||||||
| MD OF SCHOOLS | 38.00 | $0 | $213,958 | $19,655 | 2.00 | Yes (X) | |||
| ANTOINE LEWIS | |||||||||
| PRINCIPAL | 1.00 | $0 | $248,110 | $264 | 39.00 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $659,178 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,910,690 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $317,043 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 342 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KIPP NEW YORK INC | |||||
| 1501 BROADWAY SUITE 1000 | NEW YORK | NY | 10036 | MANAGEMENT FEE | $20,825,166 |
| INSIGHT PUBLIC SECTOR INC | |||||
| PO BOX 731072 | DALLAS | TX | 75373 | TECHNOLOGY SUPPLIES | $1,658,466 |
| US FOODS INC | |||||
| PO BOX 641871 | PITTSBURG | PA | 15264 | FOOD SERVICES | $1,653,330 |
| AMAZON CAPITAL SERVICES INC | |||||
| PO BOX 035184 | SEATTLE | WA | 98124 | RETAIL SERVICES | $1,189,709 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $1,755,924 | RelatedOrganizationsAmt |
| Government Grants | $181,417,578 | GovernmentGrantsAmt |
| All Other Contributions | $1,651,961 | AllOtherContributionsAmt |
| Noncash Contributions | $198,202 | NoncashContributionsAmt |
| Total Contributions | $184,825,463 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STUDENT ACTIVITIES | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $593,635 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $593,635 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $593,635 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,229 | TotalRevenueColumnAmt |
| Exclusion | $1,229 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $713,522 | TotalRevenueColumnAmt |
| Exclusion | $713,522 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $713,522 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $186,133,849 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $593,635 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $714,751 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Program Services | $30,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,174 | TotalAmt |
| Program Services | $559,174 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,890,134 | TotalAmt |
| Program Services | $80,890,134 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,325,234 | TotalAmt |
| Program Services | $2,325,234 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,008,278 | TotalAmt |
| Program Services | $14,008,278 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,016,757 | TotalAmt |
| Program Services | $6,016,757 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,476,193 | TotalAmt |
| Management And General | $21,476,193 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,860 | TotalAmt |
| Program Services | $261,860 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,216 | TotalAmt |
| Management And General | $212,216 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,278,865 | TotalAmt |
| Program Services | $4,278,865 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,602 | TotalAmt |
| Program Services | $147,602 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,679,728 | TotalAmt |
| Program Services | $2,679,728 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,639,995 | TotalAmt |
| Program Services | $4,639,995 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,984,867 | TotalAmt |
| Program Services | $29,984,867 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,345 | TotalAmt |
| Program Services | $21,345 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,978,449 | TotalAmt |
| Program Services | $1,978,449 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,010,249 | TotalAmt |
| Management And General | $1,010,249 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT SUPPLIES AND MA | $7,396,301 | $7,396,301 | |
| PROFESSIONAL DEVELOPMEN | $2,246,669 | $2,246,669 | |
| STUDENT SERVICES | $1,698,252 | $1,698,252 | |
| MISCELLANEOUS | $636,027 | $160,857 | $475,170 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,604 | TotalAmt |
| Program Services | $348,604 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,846,799 | TotalAmt |
| Program Services | $159,672,971 | ProgramServicesAmt |
| Management And General | $23,173,828 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,328,875 | BOYAmt |
| EOY | $26,795,838 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,387,050 | BOYAmt |
| EOY | $12,031,642 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,435,477 | BOYAmt |
| EOY | $6,917,003 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $19,124,838 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,177,031 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,660,164 | BOYAmt |
| EOY | $4,947,807 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,972,138 | BOYAmt |
| EOY | $302,770,386 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,783,704 | BOYAmt |
| EOY | $353,462,676 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,714,012 | BOYAmt |
| EOY | $6,437,364 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,332 | BOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,594,170 | BOYAmt |
| EOY | $318,159,893 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,774,514 | BOYAmt |
| EOY | $324,697,257 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,936,723 | BOYAmt |
| EOY | $27,323,731 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,467 | BOYAmt |
| EOY | $1,441,688 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,009,190 | BOYAmt |
| EOY | $28,765,419 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,783,704 | BOYAmt |
| EOY | $353,462,676 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,287,050 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,469,179 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,186,227 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,114,321 | DepreciationAmt |
| Book Value | $3,071,906 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,923,876 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,050,343 | DepreciationAmt |
| Book Value | $1,873,533 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,735 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,367 | DepreciationAmt |
| Book Value | $2,368 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,947,807 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT-OF-USE LEASE ASSETS - OPERATING | $37,831,760 |
| RIGHT-OF-USE LEASE ASSETS - FINANCE | $264,938,626 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $302,770,386 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO KIPP NYC ENTERPRISE | $5,854,497 |
| FINANCE LEASE LIABILITIES | $271,943,799 |
| OPERATING LEASE LIABILITIES | $40,361,597 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $318,159,893 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE 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 CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2024. THE SCHOOL'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE JURISDICTIONS. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | IN PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS ON WWW.KIPPNYC.ORG, THE SCHOOL INCLUDES ITS NON-DISCRIMINATION POLICY, WHICH STATES: "THE SCHOOL SHALL NOT DISCRIMINATE AGAINST ANY STUDENT ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY." THE NON-DISCRIMINATION POLICY IS ALSO INCLUDED IN THE HANDBOOK, WHICH IS AVAILABLE ON KIPP GO!, AND AT SCHOOL LOCATIONS. |
| SCHEDULE E, PART I, LINE 6 | THE SCHOOL RECEIVED ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION, PASSED THROUGH THE NEW YORK DEPARTMENT OF EDUCATION, THE NEW YORK DEPARTMENT OF EDUCATION AND THE NEW YORK CITY DEPARTMENT OF EDUCATION DURING THE TAX YEAR. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | TUITION ASSISTANCE | GrantTypeTxt |
| Recipient | 6 | RecipientCnt |
| Cash Grant | $30,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | WHEN RESTRICTED GRANT MONIES ARE RECEIVED, KIPP NYC PCS, CREATES A FUNDING SOURCE FOR EACH GRANT IN THEIR ACCOUNTING SOFTWARE TO TRACK ALL RELATED REVENUE AND QUALIFYING EXPENSES. ACCOUNTING REPORTS ARE RAN PERIODICALLY TO REVIEW AND MONITOR THE PROPER USE OF THE GRANT FUNDS AND UNDERLYING ACTIVITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALICIA JOHNSON | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $0 | $443,490 | $0 | $20,000 | $0 | $0 | $0 | $9,756 | $0 | $36,450 | $0 | $509,696 | $0 | $0 |
| NATALIE WEBB | ||||||||||||||
| DEPUTY SUPERINTENDENT | $0 | $302,420 | $0 | $20,000 | $0 | $0 | $0 | $11,500 | $0 | $42,347 | $0 | $376,267 | $0 | $0 |
| MONICA SAMUELS | ||||||||||||||
| PRINCIPAL | $200,560 | $0 | $29,449 | $0 | $0 | $0 | $11,500 | $0 | $36,450 | $0 | $277,959 | $0 | $0 | $0 |
| SUZANNE DEYOUNG | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $0 | $224,148 | $0 | $0 | $0 | $0 | $0 | $11,500 | $0 | $19,134 | $0 | $254,782 | $0 | $0 |
| ANTOINE LEWIS | ||||||||||||||
| PRINCIPAL | $0 | $217,141 | $0 | $30,969 | $0 | $0 | $0 | $0 | $0 | $264 | $0 | $248,374 | $0 | $0 |
| JOSEPH NEGRON | ||||||||||||||
| MATH TEACHER | $206,654 | $0 | $6,325 | $0 | $0 | $0 | $10,932 | $0 | $22,535 | $0 | $246,446 | $0 | $0 | $0 |
| TESSA KRATZ | ||||||||||||||
| SR. MD OF KIPP FORWARD | $0 | $197,460 | $0 | $10,000 | $0 | $0 | $0 | $11,500 | $0 | $22,535 | $0 | $241,495 | $0 | $0 |
| BRANDI VARDIMAN | ||||||||||||||
| MD OF SCHOOLS | $0 | $203,958 | $0 | $10,000 | $0 | $0 | $0 | $5,400 | $0 | $14,255 | $0 | $233,613 | $0 | $0 |
| BARBARA DEPESA | ||||||||||||||
| ASST. PRINCIPAL TEACH/LEARN | $216,190 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12,279 | $0 | $228,469 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE EXECUTIVE LEADERSHIP IS ELIGIBLE TO RECEIVE A BONUS. THE AMOUNT OF THE BONUS IS DETERMINED BY THE BOARD OF DIRECTORS AND BASED ON ESTABLISHED WRITTEN GOALS AND OBJECTIVES. MANAGEMENT EMPLOYEES ARE ALSO ELIGIBLE TO RECEIVE A BONUS THAT IS APPROVED BY THE CEO AND CFO BASED ON ESTABLISHED WRITTEN GOALS AND OBJECTIVES. FOR BOTH EXECUTIVE LEADERSHIP AND MANAGEMENT, THE DELIBERATION AND FINAL DETERMINATION IS TIMELY APPROVED AND DOCUMENTED. | ExplanationTxt |
Schedule M IRS990ScheduleM
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $198,202 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION HAS A SERVICE AGREEMENT WITH KIPP NYC, LLC, (A DISREGARDED ENTITY OF KIPP NEW YORK, INC.), AN ENTITY WHICH PROVIDES OPERATIONAL AND ADMINISTRATIVE SUPPORT TO THE SCHOOL. INCLUDED IN THE SERVICES PROVIDED ARE HUMAN RESOURCES, TECHNOLOGY, DATA, OPERATIONS, FINANCE AND ACCOUNTING, RECRUITING, FUNDRAISING, INSTRUCTIONAL TRAINING AND PROGRESS MONITORING. FOR THE YEAR ENDED JUNE 30, 2024, THE ORGANIZATION INCURRED EXPENSE OF $21,476,193 FOR THESE SERVICES. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF TRUSTEES BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY FOR THE GUIDANCE OF ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE CORPORATION. DISCLOSURE OF MATERIAL FACTS SURROUNDING A CONFLICT OF INTEREST SHALL BE MADE TO THE CHAIRPERSON OF THE BOARD. A KEY EMPLOYEE WHO WISHES TO USE STAFF ASSISTANCE, SERVICES OR FACILITIES FOR PURPOSES OTHER THAN CARRYING OUT PROFESSIONAL RESPONSIBILITIES MUST DISCLOSE THE CONFLICT TO THE CHIEF OPERATING OFFICER OF KIPP NYC, INC., WHO WILL EXERCISE DISCRETION IN ALLOWING OR DISALLOWING THE PROPOSED USE IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY COMPLETE DISCLOSURE FORMS DETAILING ANY TRANSACTIONS THAT MAY PRESENT POTENTIAL CONFLICTS OF INTEREST. THESE SIGNED DISCLOSURES ARE MAINTAINED BY THE ORGANIZATION AND ARE ALSO SUBMITTED TO THE DEPARTMENT OF EDUCATION OF NEW YORK STATE. THE CHAIRMAN OF THE BOARD REVIEWS ALL WRITTEN DISCLOSURES OF CONFLICTS OF INTEREST, HOWEVER RELATED PARTY TRANSACTIONS MUST GO THROUGH A FORMAL REVIEW BY A QUORUM OF THE BOARD CONSISTING OF INDEPENDENT DIRECTORS. 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 DETERMINATIONS OF COMPENSATION FOR THE SUPERINTENDENT, OTHER OFFICERS AND KEY EMPLOYEES ARE BASED ON COMPENSATION SURVEYS, RELATED MARKET RESEARCH, EVALUATION OF PERFORMANCE AND EXPERIENCE. COMPENSATION FOR THE AFOREMENTIONED POSITIONS ARE DETERMINED ANNUALLY AND APPROVED BY THE BOARD OF THE ORGANIZATION. THIS PROCESS AND THE FINAL DETERMINATIONS WERE TIMELY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | 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 9: | FORGIVENESS OF DUE TO KIPP NYC ENTERPRISE 1,469,179. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| KIPP STAR COLLEGE PREP CHARTER SCHOOL | |||||||||
| 433 W 123RD STREET | NEW YORK | NY | 10027 | 810758965 | CHARTER SCHOOL | NY | $16,370,366 | $4,857,631 | KIPP NYC PUBLIC CHARTER SCHOOLS |
| KIPP NYC WASHINGTON HEIGHTS ACADEMY CHARTER SCHOOL | |||||||||
| 21 JUMEL PLACE | NEW YORK | NY | 10032 | 810744057 | CHARTER SCHOOL | NY | $18,921,554 | $10,168,251 | KIPP NYC PUBLIC CHARTER SCHOOLS |
| KIPP ALWAYS MENTALLY PREPARED ACADEMY CHARTER SCHOOL | |||||||||
| 1224 PLACE | BROOKLYN | NY | 11213 | 810733405 | CHARTER SCHOOL | NY | $20,958,508 | $8,932,418 | KIPP NYC PUBLIC CHARTER SCHOOLS |
| KIPP INFINITY CHARTER SCHOOL | |||||||||
| 625 W 133RD STREET | NEW YORK | NY | 10027 | 810724664 | CHARTER SCHOOL | NY | $45,146,261 | $3,067,501 | KIPP NYC PUBLIC CHARTER SCHOOLS |
| KIPP FREEDOM CHARTER SCHOOL | |||||||||
| 1825 PROSPECT AVENUE | BRONX | NY | 10457 | 823914690 | CHARTER SCHOOL | NY | $11,197,291 | $3,365,299 | KIPP NYC PUBLIC CHARTER SCHOOLS |
| KIPP BRONX CHARTER SCHOOL II | |||||||||
| 2246 JEROME AVE | BRONX | NY | 10453 | 834346889 | CHARTER SCHOOL | NY | $28,962,689 | $8,523,171 | KIPP NYC PUBLIC CHARTER SCHOOLS |
| KIPP BRONX CHARTER SCHOOL III | |||||||||
| 1825 PROSPECT AVENUE | BRONX | NY | 10457 | 834355895 | CHARTER SCHOOL | NY | $36,892,378 | $6,073,971 | KIPP NYC PUBLIC CHARTER SCHOOLS |
| KIPP BEYOND CHARTER SCHOOL | |||||||||
| 1501 BROADWAY 10TH FLOOR | NEW YORK | NY | 10036 | 843635553 | CHARTER SCHOOL | NY | $7,491,037 | $6,053,945 | KIPP NYC PUBLIC CHARTER SCHOOLS |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| KIPP ACADEMY CHARTER SCHOOL | |||||||||
| 250 EAST 156TH STREET | BRONX | NY | 10451 | 113550982 | CHARTER SCHOOL | NY | 501(C)(3) | LINE 2 | 0 |
| KIPP NYC FACILITY HOLDINGS INC | |||||||||
| 1501 BROADWAY SUITE 1000 | NEW YORK | NY | 10036 | 463090135 | DEVELOP, MANAGE, LEASE PUBLIC SCHOOL FACILITIES | NY | 501(C)(3) | LINE 7 | 0 |
| KIPP NEW YORK INC | |||||||||
| 1501 BROADWAY SUITE 1000 | NEW YORK | NY | 10036 | 203971209 | MANAGEMENT COMPANY | NY | 501(C)(3) | LINE 12B, II | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |