2022-05-16T09:16:32-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-07-01 452384209 KIPP ADMINISTRATIVE SERVICES CORPORATION KIPP 2152948596 5070 PARKSIDE AVENUE NO 3500D PHILADELPHIA PA 19131 JESSICA AKOTO CEO 2152948596 2022-05-12 1 JESSICA AKOTO 999009999 DAVID M SEKERAK P01395497 2156433900 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JESSICA AKOTO 5070 PARKSIDE AVENUE NO 3500D PHILADELPHIA PA 19131 7704894 0 X WWW.KIPPPHILADELPHIA.ORG X 2011 PA BUSINESS ADMIN. AND DEVELOPMENT SUPPORT TO KIPP PHILA. SCHOOLS AND AWARDING OF SCHOLARSHIP GRANTS. 3 3 131 3 0 0 2402031 2357633 4424594 5343017 501 1011 38693 3233 6865819 7704894 2908485 692293 0 0 4643471 4448203 0 0 340892 1863644 2307347 9415600 7447843 -2549781 257051 7972348 8318184 1319933 1408718 6652415 6909466 PROVIDING BUSINESS, FACILITY, ADMINISTRATIVE & DEVELOPMENT SUPPORT TO KIPP SCHOOLS IN THE PHILADELPHIA AREA & THE AWARDING OF SCHOLARSHIPS & GRANTS, INCLUDING EDUCATIONAL IMPROVEMENT GRANTS AS DEFINED UNDER PENNSYLVANIA LAW TO PUBLIC ELEMENTARY & SECONDARY SCHOOLS IN PA. 0 0 4815733 692293 5343017 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 SERVE PHILADELPHIA'S MOST EDUCATIONALLY UNDERSERVED COMMUNITIES AND PROVIDED THE CRITICAL RESOURCES NEEDED TO ENSURE THE SEAMLESS TRANSITION BACK TO IN-PERSON LEARNING AFTER VIRTUAL LEARNING DURING FY19-20 DUE TO THE GLOBAL PANDEMIC AND TO SUPPORT THE SOCIAL-EMOTIONAL HEALTH OF OUR STUDENTS, FAMILIES, ALUMNI, AND STAFF. 4815733 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 0 0 0 0 0 1 0 0 0 1 13 0 131 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 1 0 PA X THE ORGANIZATION 2152948596 5070 PARKSIDE AVENUE NO 3500D PHILADELPHIA PA 19131 JESSICA AKOTO CEO 50.00 X 243590 0 20403 NATALIE WILTSHIRE COO 50.00 X 182658 0 9475 MOLLY EIGEN CAO 50.00 X 180689 0 33841 TIFFANY HOLMES HEAD OF SCHOOLS 50.00 X 153264 0 14657 JILLIAN FARRARA MANAGING DIRECTOR OF TALENT 50.00 X 134207 0 27576 WHITNEY JONES MANAGING DIRECTOR OF FINANCE 50.00 X 130951 0 14446 CAROLINE JOLLEY HEAD OF SCHOOLS 50.00 X 126451 0 14714 LEIGH WHITAKER CHAIR/SECRETARY 1.00 X X 0 0 0 RICHARD KNOWLES MEMBER 1.00 X 0 0 0 JERRY DAVIDSE MEMBER 1.00 X 0 0 0 1151810 0 135112 13 0 1 0 ACS INTERNATIONAL RESOURCES INC PO BOX 579 CHADDS FORD PA 19317 OUTSOURCED IT SUPPORT 258088 EDOPS 1611 CONNECTICUT AVE SUITE 200 WASHINGTON DC 20009 ACCOUNTING SERVICES 233085 COZEN O'CONNOR 7885 PO BOX 7247 PHILADELPHIA PA 191707885 LEGAL SERVICES 164545 LAVINIA GROUP LLC PO BOX 1319 SAG HARBOR NJ 11963 CONTRACTED INSTRUCTIONAL SUPPORT 158850 4 50000 2307633 2357633 ADMINISTRATIVE AND SHARED SERVICE 611430 5122451 5122451 BUILDING RENT 532000 220566 220566 5343017 1011 1011 MISCELLANEOUS 900099 3233 3233 3233 7704894 5343017 0 4244 X 416917 416917 275376 275376 477402 415532 47740 14130 3212374 1880499 1168423 163452 166753 96569 62767 7417 315736 191457 110875 13404 275938 169287 94876 11775 229461 108464 103712 17285 503841 214590 253486 35765 1069240 798925 227185 43130 317575 162264 134833 20478 2323 1072 1072 179 53897 25694 24174 4029 8748 2658 5647 443 62200 28708 28707 4785 60062 27721 27721 4620 7447843 4815733 2291218 340892 950540 851622 282819 287681 1156356 429383 164162 78162 502718 381744 108449 120974 5310022 6550362 7972348 8318184 310051 367940 446918 437925 562964 602853 1319933 1408718 X 6181547 6584466 470868 325000 6652415 6909466 7972348 8318184 257051 0 X 0 1 X 1 0 X 4097520 7112881 2038946 2402031 2307633 17959011 4097520 7112881 2038946 2402031 2307633 17959011 6399190 11559821 48 1179 4225 501 1011 6964 18902 23345 43867 86114 10 38693 3233 41936 18094025 19805261 0.63890 0.70430 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 10. 2019 AMOUNT: $ 38,693. 2020 AMOUNT: $ 3,233. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88019 52270 35749 337346 299739 37607 77353 29735 47618 120974 DUE FROM RELATED PARTIES 6550362 6550362 CAPITAL LEASE OBLIGATION 49440 DUE TO RELATED PARTIES 550424 INTEREST PAYABLE 2989 602853 X 7704894 0 7704894 0 7704894 7447843 0 7447843 0 7447843 PART X, LINE 2: THE CORPORATION IS A NON-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. THE CORPORATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. 1 KIPP PHILADELPHIA CHARTER SCHOOL 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 050546103 501(C)(3) 134671 OPERATING GRANTS KIPP NORTH PHILADELPHIA CHARTER SCHOOL 2539 N 16TH STREET PHILADELPHIA PA 19132 824132057 501(C)(3) 239496 OPERATING GRANTS KIPP DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 474229584 501(C)(3) 5101 OPERATING GRANTS KIPP WEST PHILADELPHIA CHARTER SCHOOL 5900 BALTIMORE AVENUE PHILADELPHIA PA 19143 475257423 501(C)(3) 37648 OPERATING GRANTS 4 0 ASSISTANCE TO KIPP ALUMNI FOR HIGHER EDUCATION TUITION 306 275376 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. TUITION ASSISTANCE TO INDIVIDUALS IS PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION(S) WHERE THE RECIPIENT IS ENROLLED TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X X X 0 0 0 0 0 0 0 0 0 JESSICA AKOTO CEO 243590 0 0 0 0 0 12179 0 8224 0 263993 0 0 0 NATALIE WILTSHIRE COO 182658 0 0 0 0 0 9133 0 342 0 192133 0 0 0 MOLLY EIGEN CAO 180689 0 0 0 0 0 9034 0 24807 0 214530 0 0 0 TIFFANY HOLMES HEAD OF SCHOOLS 153264 0 0 0 0 0 7663 0 6994 0 167921 0 0 0 JILLIAN FARRARA MANAGING DIRECTOR OF TALENT 134207 0 0 0 0 0 6710 0 20866 0 161783 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD AND AT LEAST TWO OTHER BOARD MEMBERS. 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. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE CORPORATION, EXCEPT THAT NO COMMITTEE, INCLUDING BUT NOT LIMITED TO THE EXECUTIVE COMMITTEE, SHALL HAVE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: (A) FILLING OF VACANCIES ON THE BOARD, (B) ADOPTION, AMENDMENT OR REPEAL OF THE GOVERNING DOCUMENTS, (C) AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD, OR (D) ACTION ON OTHER MATTERS COMMITTED BY RESOLUTION OF THE BOARD OR BY PENNSYLVANIA LAW TO THE FULL BOARD OR TO ANOTHER COMMITTEE. 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 APPROPRIATE ACTION TO BE TAKEN. ALL BOARD MEMBERS ARE REQUIRED TO FILE AN ANNUAL STATEMENT OF FINANCIAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE FINANCE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE CEO AND COO 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 IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 798,925. MANAGEMENT AND GENERAL EXPENSES 227,185. FUNDRAISING EXPENSES 43,130. TOTAL EXPENSES 1,069,240. KIPP PHILADELPHIA CHARTER SCHOOL 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 050546103 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 474229584 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP WEST PHILADELPHIA CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 475257423 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP NORTH PHILADELPHIA CHARTER SCHOOL 2539 N 16TH STREET PHILADELPHIA PA 19132 824132057 SCHOOL PA 501(C)(3) LINE 2 N/A 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0