2025-05-13T15:19:36-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 452384209 KIPP ADMINISTRATIVE SERVICES CORPORATION KIPP 2152948596 5070 PARKSIDE AVENUE 3500D PHILADELPHA PA 19131 NATALIE WILTSHIRE CEO 2152948596 2025-05-12 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-05-12 2023 2025-03-06 01:10:19Z NATALIE WILTSHIRE 5070 PARKSIDE AVENUE 3500D PHILADELPHA PA 19131 10763123 0 X WWW.KIPPPHILADELPHIA.ORG/ X 2011 PA PROVIDING BUSINESS, FACILITY, ADMINISTRATIVE, AND DEVELOPMENT SUPPORT TO KIPP SCHOOLS IN THE PHILADELPHIA AREA AND AWARDING OF SCHOLARSHIP GRANTS, INCLUDING EDUCATIONAL IMPROVEMENT GRANTS AS DEFINED UNDER PENNSYLVANIA LAW TO PUBLIC ELEMENTARY AND SECONDARY SCHOOLS IN PA. 3 3 93 3 0 0 2493851 1840976 6824051 8876353 0 3148 41495 42646 9359397 10763123 886879 1535147 0 0 6056383 6543877 0 0 468387 2982796 3437347 9926058 11516371 -566661 -753248 13628512 9214308 7430607 3769651 6197905 5444657 PROVIDING BUSINESS, FACILITY, ADMINISTRATIVE, AND DEVELOPMENT SUPPORT TO KIPP SCHOOLS IN THE PHILADELPHIA AREA AND AWARDING OF SCHOLARSHIP GRANTS, INCLUDING EDUCATIONAL IMPROVEMENT GRANTS AS DEFINED UNDER PENNSYLVANIA LAW TO PUBLIC ELEMENTARY AND SECONDARY SCHOOLS IN PA. 0 0 7515286 1535147 8876353 PROVIDING BUSINESS, FACILITY, ADMINISTRATIVE AND DEVELOPMENT SUPPORT TO THE KIPP SCHOOLS IN THE PHILADELPHIA AREA AND THE AWARDING OF SCHOLARSHIPS AND GRANTS, INCLUDING EDUCATIONAL IMPROVEMENT GRANTS AS DEFINED UNDER PENNSYLVANIA LAW TO PUBLIC ELEMENTARY AND SECONDARY SCHOOLS IN PENNSYLVANIA. WE SERVICE PHILADELPHIA'S MOST EDUCATIONALLY UNDERSERVED COMMUNITIES AND PROVIDED THE CRITICAL RESOURCES NEEDED TO SUPPORT THE SOCIAL-EMOTIONAL HEALTH OF OUR STUDENTS, FAMILIES, ALUMNI, AND STAFF. 7515286 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 93 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X CHRIS GUY 2152948596 5070 PARKSIDE AVENUE 3500D PHILADELPHA PA 19131 LEIGH WHITAKER CHAIR/SECRETARY 1.00 X X 0 0 0 MELANIE CARTER MEMBER 1.00 X 0 0 0 JERRY DAVIDSE MEMBER 1.00 X 0 0 0 JESSICA AKOTO CEO (UNTIL 6/23) 50.00 X 129783 0 18600 MOLLY EIGEN CHIEF SCHOOLS OFFICER 50.00 X 205880 0 32615 NATALIE WILTSHIRE CEO (AS OF 7/23) 50.00 X 253494 0 38033 LIBING LI CFO 50.00 X 141158 0 29109 ROBERT VIEIRA COO 50.00 X 92667 0 4869 IVANA GASIOROWSKI HEAD OF SCHOOLS 50.00 X 156450 0 30541 MELISSA POORMAN HEAD OF SCHOOLS 50.00 X 166049 0 17636 CHATARA MARIE BENSON CHIEF OF STAFF 50.00 X 157842 0 17221 JILLIAN FARRARA MANAGING DIRECTOR OF TALENT 50.00 X 133725 0 32037 VANEEDA DAYS MANAGING DIRECTOR OF KIPP THROUGH COLLEGE 50.00 X 142632 0 16475 1579680 0 237136 26 0 1 0 EDOPS 1140 19TH ST NW SUITE 650 WASHINGTON DC 20036 OUTSOURCED ACCOUNTING MGMT SUPPORT 223594 ACS INTERNATIONAL RESOURCES INC PO BOX 579 CHADDS FORD PA 19137 OUTSOURCED TECHNICAL SUPPORT 211318 2 260181 1580795 251068 1840976 ADMIN AND SHARED SERVICE 611430 7591378 7591378 BUILDING RENT 532000 1284975 1284975 8876353 3148 3148 MISCELLANEOUS REVENUE 900099 42646 42646 42646 10763123 8876353 0 45794 1487000 1487000 48147 48147 1008732 359817 484451 164464 4395719 3100739 1256766 38214 212368 149654 60370 2344 531965 366175 156888 8902 395093 255270 125314 14509 137808 63603 63604 10601 227925 105196 105196 17533 851868 503805 296033 52030 107082 40033 60385 6664 1341115 622275 616149 102691 67463 57454 8712 1297 740 353 353 34 34005 15695 15695 2615 89622 41364 41364 6894 SUPPLIES AND MATERIALS 389150 210253 154256 24641 TRAINING AND STAFF DEVE 128491 59206 59206 10079 MISCELLANEOUS 62078 29247 27956 4875 11516371 7515286 3532698 468387 183981 2282784 129868 30406 1537854 758064 203967 144942 30499 6386 459690 444862 37595 14828 11504748 5976898 13628512 9214308 510041 229884 30132 219110 9271 6671324 3530496 7430607 3769651 X 4927599 4392967 1270306 1051690 6197905 5444657 13628512 9214308 -753248 0 X X 0 1 X 1 0 X 2402031 2307633 4153678 2493851 1840976 13198169 2402031 2307633 4153678 2493851 1840976 13198169 3301447 9896722 501 1011 56 3148 4716 38693 3233 16420 41495 42646 142487 13345372 31031696 0.74160 0.54140 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 38,693. 2020 AMOUNT: $ 3,233. 2021 AMOUNT: $ 16,420. 2022 AMOUNT: $ 41,495. 2023 AMOUNT: $ 42,646. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88019 79652 8367 371671 365210 6461 14828 DUE FROM RELATED PARTIES 3448539 RIGHT-OF-USE ASSETS - OPERATING 2516186 RIGHT-OF-USE ASSET - FINANCE 12173 5976898 OPERATING LEASE LIABILITIES 2665355 FINANCE LEASE LIABILITIES 12522 DUE TO RELATED PARTIES 371520 CONDITIONAL ADVANCES 481099 3530496 X 10842763 79640 79640 10763123 0 10763123 11596011 79640 79640 11516371 0 11516371 PART X, LINE 2: THE CORPORATION 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 CORPORATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2024. THE CORPORATION'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE JURISDICTIONS. 1 KIPP PHILADELPHIA OCTAVIUS CATTO CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 861797875 501(C)(3) 1475000 0 OPERATING GRANTS 1 ASSISTANCE TO KIPP ALUMNI FOR HIGHER EDUCATION TUITION 4 48147 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS THAT INCLUDE THE RECIPIENT ORGANIZATION, AMOUNT, DATE OF CONTRIBUTION, DETAILS REGARDING THE PURPOSE OF THE GRANT AND REPORTS FROM GRANT RECIPIENTS REGARDING THE USE OF THE GRANTS, TO ENSURE THAT THE RECIPIENT'S USE OF GRANT FUNDS WAS IN FURTHERANCE OF THE ORGANIZATION'S CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. THE RECORDS WE MAINTAIN INCLUDE, BUT ARE NOT LIMITED TO THE BOARD APPROVALS OF GRANTS, THE GRANT AGREEMENTS, THE FINANCIAL BOOKS, THE FINAL GRANT REPORTS, AND OTHER RECORDS NECESSARY TO SATISFY ADEQUATE INTERNAL CONTROL AND COMPLIANCES. X X X X X 0 0 0 0 0 0 0 1 0 NATALIE WILTSHIRE CEO (AS OF 7/23) 251994 0 1500 0 0 0 12870 0 25163 0 291527 0 0 0 MOLLY EIGEN CHIEF SCHOOLS OFFICER 203880 0 2000 0 0 0 10294 0 22321 0 238495 0 0 0 IVANA GASIOROWSKI HEAD OF SCHOOLS 156450 0 0 0 0 0 8220 0 22321 0 186991 0 0 0 MELISSA POORMAN HEAD OF SCHOOLS 166049 0 0 0 0 0 8369 0 9267 0 183685 0 0 0 CHATARA MARIE BENSON CHIEF OF STAFF 155842 0 2000 0 0 0 7954 0 9267 0 175063 0 0 0 LIBING LI CFO 141158 0 0 0 0 0 6788 0 22321 0 170267 0 0 0 JILLIAN FARRARA MANAGING DIRECTOR OF TALENT 131725 0 2000 0 0 0 6874 0 25163 0 165762 0 0 0 VANEEDA DAYS MANAGING DIRECTOR OF KIPP THROUGH CO 140632 0 2000 0 0 0 7208 0 9267 0 159107 0 0 0 PART I, LINE 7 THE SCHOOL PROVIDED NON FIXED PAYMENTS IN THE FORM OF BONUSES THAT WERE BASED ON PERFORMANCE REVIEWS IN FY24. X 1 250468 MARKET VALUE X GIFT CARD 2 600 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES MAY DESIGNATE AN EXECUTIVE COMMITTEE, WHICH SHALL BE A COMMITTEE OF THE BOARD, AND SHALL CONSIST OF AT LEAST TWO TRUSTEES IN OFFICE. THE CHAIR SHALL ALSO SERVE AS A MEMBER AND CHAIR OF THE EXECUTIVE COMMITTEE. THE BOARD MAY DESIGNATE ONE OR MORE OF THE TRUSTEES AS ALTERNATE MEMBERS OF THE EXECUTIVE COMMITTEE, WHO MAY REPLACE ANY ABSENT OR DISQUALIFIED MEMBER AT ANY MEETING OF THE EXECUTIVE COMMITTEE. EXCEPT AS OTHERWISE REQUIRED BY LAW OR THESE BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE SUCH AUTHORITY AS THE BOARD SHALL GRANT IT FOR THE MANAGEMENT OF THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL KEEP REGULAR MINUTES OF ITS PROCEEDINGS AND SHALL REPORT THE SAME TO THE BOARD. VACANCIES IN THE EXECUTIVE COMMITTEE SHALL BE FILLED BY THE BOARD AT A REGULAR OR SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS SENT TO THE BOARD FOR APPROVAL BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO EVERY REPRESENTATIVE OF THE ORGANIZATION, INCLUDING, BUT NOT LIMITED TO, THE TRUSTEES AND OFFICERS. IN THE EVENT THAT A POTENTIAL CONFLICT OF INTEREST DOES ARISE INVOLVING AN OFFICER OR TRUSTEE, ITS NATURE AND EXTENT SHOULD BE FULLY DISCLOSED IMMEDIATELY TO THE BOARD CHAIR, WHO, AFTER MAKING A THOROUGH REVIEW OF THE CIRCUMSTANCES, WILL REPORT TO THE BOARD OF TRUSTEES, WHO WILL DETERMINE THE APPROPRIATE ACTION TO BE TAKEN. ALL BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL STATEMENT OF FINANCIAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE CEO, COO, AND CFO BASED ON EVALUATION OF GOALS AND OBJECTIVES. BASED ON SUCH EVALUATION, THE FINANCE COMMITTEE SUBMITS THE RECOMMENDED COMPENSATION TO THE EXECUTIVE COMMITTEE FOR REVIEW THEN TO THE BOARD FOR FINAL APPROVAL. ADDITIONALLY, THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE CAREFULLY EVALUATE COMPETITIVE INFORMATION FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT LIKE SIZED AND SITUATED ORGANIZATIONS. THIS REVIEW PROCESS AS WELL AS THE FINAL DETERMINATIONS ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.