2025-05-15T15:10:55-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 834247585 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP 2129912610 1501 BROADWAY 10TH FLOOR 1000 NEW YORK NY 10036 NATALIE WEBB DEPUTY SUPERINTENDENT 2129912610 2025-05-13 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-05-13 2023 2025-03-06 01:10:19Z NATALIE WEBB 1501 BROADWAY 10TH FLOOR 1000 NEW YORK NY 10036 186133849 0 X WWW.KIPPNYC.ORG X 2012 NY OPERATE AND MAINTAIN A PUBLIC SCHOOL CHARTERED BY THE NEW YORK STATE BOARD OF REGENTS. 5 5 1222 65 0 0 148002494 184825463 425497 593635 56 1229 592793 713522 149020840 186133849 28570 30000 0 0 96419297 103799577 0 0 0 50412560 79017222 146860427 182846799 2160413 3287050 74783704 353462676 50774514 324697257 24009190 28765419 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. 0 0 159672971 30000 593635 OPERATION OF THE CHARTER SCHOOL FOR APPROXIMATELY 8,440 STUDENTS ATTENDING KINDERGARTEN THROUGH GRADE 12. 159672971 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 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 203 0 1 1222 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2129912610 1501 BROADWAY 10TH FLOOR 1000 NEW YORK NY 10036 KANGE KANEENE CHAIR 2.00 X X 0 0 0 RICHARD TAFT TREASURER 0.50 0.75 X X 0 0 0 GWENDOLYN BRUNSON TRUSTEE 0.50 0.50 X 0 0 0 ANN-JANETTE FUENTES TRUSTEE 0.50 X 0 0 0 CINDY MARTE TRUSTEE 0.50 X 0 0 0 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 2.00 38.00 X 0 463490 46206 NATALIE WEBB DEPUTY SUPERINTENDENT 19.00 21.00 X 0 322420 53847 DIANE FLYNN CHIEF REAL ESTATE OFF. (UNTIL 3/24) 1.00 39.00 X 0 115621 17925 TESSA KRATZ SR. MD OF KIPP FORWARD 16.00 24.00 X 0 207460 34035 MONICA SAMUELS PRINCIPAL 31.00 9.00 X 230009 0 47950 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 224148 30634 QUINTON VANCE MD ELEMENTARY SCHOOLS 40.00 X 0 115483 20781 JOSEPH NEGRON MATH TEACHER 40.00 X 212979 0 33467 BARBARA DEPESA ASST. PRINCIPAL TEACH/LEARN 32.00 8.00 X 216190 0 12279 BRANDI VARDIMAN MD OF SCHOOLS 38.00 2.00 X 0 213958 19655 ANTOINE LEWIS PRINCIPAL 1.00 39.00 X 0 248110 264 659178 1910690 317043 342 0 1 0 KIPP NEW YORK INC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 MANAGEMENT FEE 20825166 INSIGHT PUBLIC SECTOR INC PO BOX 731072 DALLAS TX 75373 TECHNOLOGY SUPPLIES 1658466 US FOODS INC PO BOX 641871 PITTSBURG PA 15264 FOOD SERVICES 1653330 AMAZON CAPITAL SERVICES INC PO BOX 035184 SEATTLE WA 98124 RETAIL SERVICES 1189709 4 1755924 181417578 1651961 198202 184825463 STUDENT ACTIVITIES 611110 593635 593635 593635 1229 1229 OTHER REVENUE 900099 713522 713522 713522 186133849 593635 0 714751 30000 30000 559174 559174 80890134 80890134 2325234 2325234 14008278 14008278 6016757 6016757 21476193 21476193 261860 261860 212216 212216 4278865 4278865 147602 147602 2679728 2679728 4639995 4639995 29984867 29984867 21345 21345 1978449 1978449 1010249 1010249 STUDENT SUPPLIES AND MA 7396301 7396301 PROFESSIONAL DEVELOPMEN 2246669 2246669 STUDENT SERVICES 1698252 1698252 MISCELLANEOUS 636027 160857 475170 348604 348604 182846799 159672971 23173828 0 11328875 26795838 6387050 12031642 7435477 6917003 19124838 14177031 6660164 4947807 42972138 302770386 74783704 353462676 4714012 6437364 166332 300000 100000 45594170 318159893 50774514 324697257 X 23936723 27323731 72467 1441688 24009190 28765419 74783704 353462676 X 3287050 1469179 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12186227 9114321 3071906 6923876 5050343 1873533 14735 12367 2368 4947807 RIGHT-OF-USE LEASE ASSETS - OPERATING 37831760 RIGHT-OF-USE LEASE ASSETS - FINANCE 264938626 302770386 DUE TO KIPP NYC ENTERPRISE 5854497 FINANCE LEASE LIABILITIES 271943799 OPERATING LEASE LIABILITIES 40361597 318159893 X PART X, LINE 2: 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. 1 TUITION ASSISTANCE 6 30000 PART I, LINE 2: 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. X X X X 0 0 0 0 0 0 0 1 0 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 0 443490 0 20000 0 0 0 9756 0 36450 0 509696 0 0 NATALIE WEBB DEPUTY SUPERINTENDENT 0 302420 0 20000 0 0 0 11500 0 42347 0 376267 0 0 MONICA SAMUELS PRINCIPAL 200560 0 29449 0 0 0 11500 0 36450 0 277959 0 0 0 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 0 224148 0 0 0 0 0 11500 0 19134 0 254782 0 0 ANTOINE LEWIS PRINCIPAL 0 217141 0 30969 0 0 0 0 0 264 0 248374 0 0 JOSEPH NEGRON MATH TEACHER 206654 0 6325 0 0 0 10932 0 22535 0 246446 0 0 0 TESSA KRATZ SR. MD OF KIPP FORWARD 0 197460 0 10000 0 0 0 11500 0 22535 0 241495 0 0 BRANDI VARDIMAN MD OF SCHOOLS 0 203958 0 10000 0 0 0 5400 0 14255 0 233613 0 0 BARBARA DEPESA ASST. PRINCIPAL TEACH/LEARN 216190 0 0 0 0 0 0 0 12279 0 228469 0 0 0 PART I, LINE 7 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. X 1 198202 FMV 0 0 0 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. KIPP STAR COLLEGE PREP CHARTER SCHOOL 433 W 123RD STREET NEW YORK NY 10027 810758965 CHARTER SCHOOL NY 16370366 4857631 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP NYC WASHINGTON HEIGHTS ACADEMY CHARTER SCHOOL 21 JUMEL PLACE NEW YORK NY 10032 810744057 CHARTER SCHOOL NY 18921554 10168251 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP ALWAYS MENTALLY PREPARED ACADEMY CHARTER SCHOOL 1224 PLACE BROOKLYN NY 11213 810733405 CHARTER SCHOOL NY 20958508 8932418 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP INFINITY CHARTER SCHOOL 625 W 133RD STREET NEW YORK NY 10027 810724664 CHARTER SCHOOL NY 45146261 3067501 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP FREEDOM CHARTER SCHOOL 1825 PROSPECT AVENUE BRONX NY 10457 823914690 CHARTER SCHOOL NY 11197291 3365299 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP BRONX CHARTER SCHOOL II 2246 JEROME AVE BRONX NY 10453 834346889 CHARTER SCHOOL NY 28962689 8523171 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP BRONX CHARTER SCHOOL III 1825 PROSPECT AVENUE BRONX NY 10457 834355895 CHARTER SCHOOL NY 36892378 6073971 KIPP NYC PUBLIC CHARTER SCHOOLS KIPP BEYOND CHARTER SCHOOL 1501 BROADWAY 10TH FLOOR NEW YORK NY 10036 843635553 CHARTER SCHOOL NY 7491037 6053945 KIPP NYC PUBLIC CHARTER SCHOOLS 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0