2025-05-14T14:33:44-05:00 2024-06-30 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2023-07-01 208877750 KIPP Minnesota KIPP 6122879700 5034 N Oliver Ave Minneapolis MN 55430 David Milton Treasurer 6122879700 2025-05-09 1 1 Steven D Anseth CPA P00552219 9528359090 2025-05-06 2023 2025-03-06 01:10:19Z Shana Ford 5034 N Oliver Ave Minneapolis MN 55430 11753886 0 X www.Kippminnesota.org X 2007 MN To create joyful, academically excellent schools. 12 11 116 25 0 0 11871428 9447918 10074 44778 21589 88159 191345 2170314 12094436 11751169 0 0 0 0 6205788 4533680 0 0 0 5213452 4766988 11419240 9300668 675196 2450501 8473637 7229364 10935273 7240499 -2461636 -11135 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 7539168 44778 KIPP Minnesota is dedicated to working with families and communities to build excellent schools and prepare students to pursue the path they choose - college, career, and beyond - so they can build fulfilling lives and a more just world. Average daily enrollment for the year ended June 30, 2024 was 263 students. 7539168 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 24 0 1 116 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X Creative Planning 9525636800 3800 American Blvd West Suite 1000 Bloomington MN 55437 Patricia Hampton Board Member/Teacher 40.00 X 86289 0 12863 Nicole Danielsen Board Chair 1.00 X X 0 0 0 Kojo Amoo-Gottfried Vice Chair 1.00 X X 0 0 0 David Milton Treasurer 1.00 X X 0 0 0 Rita Gordon Secretary 1.00 X X 0 0 0 Kristine Straumann Board Member/Community 1.00 X 0 0 0 Paul Muldoon Board Member/Community 1.00 X 0 0 0 Trent Bowman Board Member/Community 1.00 X 0 0 0 Aquila Collins Board Member/Community 1.00 X 0 0 0 Prince Jibunor Board Member/Community 1.00 X 0 0 0 Brandi Hudson Wallock Board Member/Community 1.00 X 0 0 0 Milpha Blamo Board Member/Community 1.00 X 0 0 0 Shana Ford Chief Executive Officer 40.00 X 188719 0 25430 Israel Moses Chief Academic Officer 40.00 X 149477 0 16820 424485 0 55113 2 0 1 0 4Mativ Technologies Inc 44 Foy Drive Hamilton Square NJ 08690 Student transportation 1322849 Done Right Foods PO Box 21153 Columbia Heights MN 55421 Food service 348660 ProCare Therapy PO Box 934411 Atlanta GA 31193 Special education services 234583 Creative Planning 5454 West 110th Street Overland Park KS 66211 Accounting services 144597 Marsden Bldg Maintenance LLC MI 87 PO Box 1150 Minneapolis MN 55480 Janitorial services 109910 5 8713486 734432 9447918 Service contracts 900099 32742 32742 Medical assistance 611710 12036 12036 44778 90876 90876 2717 -2717 -2717 -2717 Pension revenue 900009 2170314 2170314 2170314 11751169 44778 0 2258473 X 323834 234707 89127 3369010 2441850 927160 266956 195799 71157 305034 216549 88485 268846 194121 74725 26296 26296 132597 132597 1590331 1397253 193078 71657 37028 34629 150464 95042 55422 1058402 1058402 896682 892608 4074 26939 26939 332431 330619 1812 64640 64640 Food and milk 294519 268310 26209 Instructional supplies 57276 57276 Dues and memberships 49687 20484 29203 Equipment 13409 7541 5868 1658 1658 9300668 7539168 1761500 0 3183266 3579848 98645 1530388 1799455 103533 128120 21576 283696 120926 184251 162770 3079900 1831249 8473637 7229364 901872 359929 33132 121324 300000 600000 9700269 6159246 10935273 7240499 X -1963718 215738 -497918 -226873 0 0 -2461636 -11135 8473637 7229364 2450501 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9250 9250 9250 9250 9250 9250 9250 9250 9250 9250 1.00000 0 0 88115 19687 68428 195581 101239 94342 162770 Deferred pension resources 1656389 Due from KIPP MN ABC 174860 1831249 Pension liability 5073770 Deferred pension resources 695833 Due to KIPP MN ABC 389643 6159246 X Part V, Line 4: The endowment funds are used for student scholarships sent directly to the college or university of choice for the student selected. Part X, Line 2: The Charter School is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Charter School also qualifies as a tax-exempt organization under applicable statutes of the State of Minnesota. Management believes that it is not reasonably possible for any tax position benefits to increase or decrease significantly over the next 12 months. As of June 30, 2024, there were no income tax related accrued interest or penalties recognized in either the statement of financial position or the statement of activities. The Charter School files informational returns in the U.S. federal jurisdiction, and in the Minnesota state jurisdiction. U.S. federal returns and Minnesota returns for the prior three fiscal years are closed. No returns are currently under examination in any tax jurisdiction. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The school's policy as a free, open enrollment school is publicized in all materials including flyers that are distributed door-to-door, on the website, and in application forms. Schedule E, Part I, Line 6 As a MN public charter school, the school received state education aid and federal grant funding. X X 0 0 0 0 0 0 0 0 0 Shana Ford Chief Executive Officer 188719 0 0 0 0 0 15599 0 9831 0 214149 0 0 0 Israel Moses Chief Academic Officer 149477 0 0 0 0 0 11356 0 5464 0 166297 0 0 0 Form 990, Part VI, Section A, line 7a As per MN Statute 124E.07, staff members employed at the school, including treachers providing instruction, members of the board of directors and all parents or legal guardians of children enrolled in the school are the voters eligible to elect the members of the school's board of directors. Form 990, Part VI, Section A, line 8b The school does not have any committees that have authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The school's accountant and leadership reviews the 990 prior to filing. All members of the board receive a public disclosure copy of the return prior to the filing with the IRS. Form 990, Part VI, Section B, line 12c Each director, officer, and committee member with governing board delegated authority is required to sign an annual statement affirming they have received, reviewed, and agreed to comply with the conflict of interest policy. The policy includes a duty to disclosure clause. This clause requires that any covered individual must disclose all material facts to directors and members of committee if the existence of a conflict or potential conflict is determined. After disclosure of all facts, the conflicted individual will leave the room while the transaction is discussed and voted on. The minutes of all board and committees shall reflect the proceedings related to conflicts. Form 990, Part VI, Section B, line 15a The executive committee performed market rate analysis to determine compensation for the executive director and all other employees as part of the annual budgeting process. Any changes to compensation are reviewed and approved by the board of directors. This review is documented within the board minutes. This process is done annually. Form 990, Part VI, Section C, line 19 The school's governing documents, conflict of interest policy, and financial statements are maintained in the office and are made available at all board meetings, which are open to the public. All meeting minutes and any of the documents above are made available to public upon request. Form 990, Part IX, line 11g Education services: Program service expenses 783,892. Management and general expenses 0. Fundraising expenses 0. Total expenses 783,892. Communication services: Program service expenses 49,817. Management and general expenses 427. Fundraising expenses 0. Total expenses 50,244. Consulting services: Program service expenses 329,838. Management and general expenses 138,874. Fundraising expenses 0. Total expenses 468,712. Repairs and maintenance: Program service expenses 163,415. Management and general expenses 53,777. Fundraising expenses 0. Total expenses 217,192. Other contracted services: Program service expenses 70,291. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,291. Form 990, Part XII, Line 2c: This process has not changed from the prior year. KIPP Minnesota ABC 5034 Oliver Avenue N Minneapolis MN 55430 822757664 Lease school building MN 501(c)(3) Line 12a, I KIPP Minnesota 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 KIPP Minnesota ABC K 919923 Lease agreement KIPP Minnesota ABC D 174860 Cash balance KIPP Minnesota ABC E 389643 Cash balance