2026-05-15T08:23:44-05:00 2025-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-07-01 455040456 KIPP COOPER NORCROSS INC A NEW JERSEY NONPROFIT CORPORATION KIPP 9737053209 60 PARK PLACE 802 NEWARK NJ 07102 ERICA GROHMAN CFO 9737053209 2026-05-14 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2026-05-14 2024 2025-03-06 01:10:19Z ERICA GROHMAN 60 PARK PLACE 802 NEWARK NJ 07102 74146527 0 X WWW.KIPPNJ.ORG X 2012 NJ THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986 TO OPRATE NONPROFIT EDUCATIONAL INSTITUTIONS IN NJ. 8 8 499 8 0 0 69950932 72126309 43628 68001 2195622 1772217 180000 180000 72370182 74146527 0 0 0 0 37454566 38922488 0 0 387747 38536446 39191063 75991012 78113551 -3620830 -3967024 205235922 202576178 203557609 204864889 1678313 -2288711 X THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986 TO OPERATE NONPROFIT EDUCATIONAL INSTITUTIONS, INCLUDING BUT NOT LIMITED TO, A RENAISSANCE SCHOOL OR SCHOOLS, WITHIN THE STATE OF NJ AND TO DEAL GENERALLY WITHIN. 0 0 58021220 68001 THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986 TO OPERATE NONPROFIT EDUCATIONAL INSTITUTIONS, INCLUDING, BUT NOT LIMITED TO, A RENAISSANCE SCHOOL OR SCHOOLS, WITHIN THE STATE OF NJ AND TO DEAL GENERALLY THEREIN. 58021220 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 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 87 0 1 499 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X ERICA GROHMAN 9737053209 60 PARK PLACE 802 NEWARK NJ 07102 X X RAHUL GOYAL PRESIDENT AND TRUSTEE 2.00 X X 0 0 0 MICHAEL GOODMAN TRUSTEE 2.00 X 0 0 0 JORDAN METZGER TRUSTEE 2.00 X 0 0 0 CHRISTINE CHOI TRUSTEE 2.00 X 0 0 0 KATHLEEN NUGENT HUGHES TRUSTEE 2.00 X 0 0 0 ANTHONY WELCH TRUSTEE 2.00 X 0 0 0 LISA MORINA TRUSTEE 2.00 X 0 0 0 LAPREE BURGESS TRUSTEE 2.00 X 0 0 0 CHRISTOPHER KEATING TRUSTEE (UNTI 8/19/24) 2.00 X 0 0 0 RYAN HILL CHIEF SCHOOLS ADMIN 5.00 X 0 0 0 ERICA GROHMAN CFO 10.00 X 0 0 0 DREW MARTIN EXECUTIVE DIRECTOR 5.00 X 0 0 0 ANNE KADOWAKI MANAGING DIRECTOR 40.00 X 253709 0 12181 BRIDGIT CUSATO-ROSA SCHOOL LEADER 40.00 X 187626 0 33116 CHARLES STANLEY HEAD OF SCHOOLS 40.00 X 182388 0 10681 ALBERY CORONA MANAGING DIR. OF SCHOOL OPERATIONS 40.00 X 177700 0 0 TRAVIS DEMPSEY HEAD OF SCHOOLS 40.00 X 169602 0 33116 971025 0 89094 10 0 1 0 KIPP TEAM AND FAMILY SCHOOLS INC 60 PARK PLACE SUITE 802 NEWARK NJ 07102 MANAGEMENT FEES 5681132 EDUCATION FACILITY MANAGEMENT LLC 1909 FAIRFAW AVENUE CHERRY HILL NJ 08003 JANITORIAL SERVICES 796985 TUSTIN MECHANICAL SERVICES PO BOX 24894 NEW YORK NY 10087 BUILDING SERVICES 334281 IGNITE READING 6 PRESIDIO TERRACE SAN FRANCISCO CA 94118 TUTORING CONTRACTED SERVICES 197790 INTECH CONSTRUCTION LLC 3020 MARKET STREET PHILADELPHIA PA 19104 CONTRACTOR 112882 5 67881478 4244831 72126309 FOOD SERVICE 611710 68001 68001 68001 1772217 1772217 SUBLEASE INCOME 900002 180000 180000 180000 74146527 68001 0 1952217 26738664 21516719 5221945 4104333 3302775 801558 5385725 4402918 982807 2693766 2167685 526081 6462452 6074705 387747 22318 22318 121050 121050 3727389 2748028 979361 2669354 2669354 9895171 7962687 1932484 5042695 4057879 984816 483650 483650 SUPPLIES 3575061 2592581 982480 TPAF EXPENSES 3027867 2436538 591329 FOOD SERVICE EXPENSES 2476768 2476768 OTHER PURCHASED SERVICE 1687288 1687288 78113551 58021220 19704584 387747 26771734 29165121 4021032 2513810 464558 449867 152650900 21622964 131278910 131027936 11530310 14076184 31169378 25343260 205235922 202576178 3464740 4269349 382678 378499 84130000 84130000 84072505 85056916 31507686 31030125 203557609 204864889 X 18242666 16627917 -16564353 -18916628 0 0 1678313 -2288711 205235922 202576178 -3967024 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 149258317 21200795 128057522 621530 185704 435826 1053399 236465 816934 1717654 1717654 131027936 DUE FROM RELATED PARTY 51460 RIGHT-TO-USE ASSETS - LAND LEASES 8706095 PENSION DEFERRED OUTFLOWS 16585705 25343260 DUE TO RELATED PARTY 125321 ACCRUED INTEREST 7653254 PENSION LIABILITY 21823839 PENSION DEFERRED INFLOWS 1318318 COMPENSATED ABSENCES 109393 31030125 X PART X, LINE 2: THE RENAISSANCE 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 FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE RENAISSANCE SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2025. THE RENAISSANCE SCHOOL'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE 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 THE SCHOOL ADVERTISES PUBLICLY FOR ITS STUDENTS TO APPLY AND THE SELECTION IS TOTALLY NONDISCRIMINATORY AND IS MADE THROUGH AN INDEPENDENT LOTTERY. SCHEDULE E, PART I, LINE 6 THE SCHOOL OPERATES AS A NJ PUBLIC SCHOOL UNDER THE NJ STATE DEPT OF EDUCATION. THE SCHOOL ALSO RECEIVES FEDERAL FUNDING TO HELP PROMOTE THEIR ACADEMICS. 0 0 0 0 0 0 0 0 0 ANNE KADOWAKI MANAGING DIRECTOR 253709 0 0 0 0 0 1500 0 10681 0 265890 0 0 0 BRIDGIT CUSATO-ROSA SCHOOL LEADER 187626 0 0 0 0 0 1500 0 31616 0 220742 0 0 0 TRAVIS DEMPSEY HEAD OF SCHOOLS 169602 0 0 0 0 0 1500 0 31616 0 202718 0 0 0 CHARLES STANLEY HEAD OF SCHOOLS 182388 0 0 0 0 0 0 0 10681 0 193069 0 0 0 ALBERY CORONA MANAGING DIR. OF SCHOOL OPERATIONS 177700 0 0 0 0 0 0 0 0 0 177700 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR IS COMPENSATED BY KIPP TEAM AND FAMILY SCHOOLS. A THE CAMDEN COUNTY IMPROVEMENT AUTHORITY 222681222 13281PAD9 2022-11-15 84267434 TO FINANCE THE HATCH SCHOOL PROJECT AND WHITTIER HIGH SCHOOL PROJECT 0 1 0 A 84267434 7716444 1685348 74865642 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL UTILIZES KIPP TEAM AND FAMILY SCHOOLS, INC., AN UNRELATED 501(C)(3) ORGANIZATION, TO PROVIDE MANAGEMENT AND OTHER ADMINISTRATIVE SUPPORT SERVICES TO THE SCHOOL. UNDER THE AGREEMENT, THE SERVICE FEES ARE PAID MONTHLY AND ARE EQUAL TO 12% OF CORE STATE AND LOCAL FUNDS RECEIVED BY THE SCHOOL. IN ADDITION TO THE MANAGEMENT FEE, THE SCHOOL IS OBLIGATED TO REIMBURSE KTAF FOR SALARY AND RELATED COSTS (THE ANCILLARY SERVICES) ATTRIBUTABLE TO CERTAIN EMPLOYEES WHO WERE PREVIOUSLY EMPLOYED BY THE SCHOOL AND THAT ARE CONSIDERED TO BE PERFORMING DIRECT SCHOOL FUNCTIONS THAT REPRESENT THOSE OF AN EMPLOYEE OF THE SCHOOL. THE EXECUTIVE DIRECTOR, THE CFO, AND CHIEF SCHOOLS ADMIN ARE COMPENSATED BY KIPP TEAM AND FAMILY SCHOOLS. FOR OFFICER COMPENSATION, PLEASE REFER TO KIPP TEAM AND FAMILY SCHOOLS, INC. FORM 990, PART VII. THE SCHOOL PAID $6,462,452 OF MANAGEMENT FEES IN FISCAL YEAR 2025. FORM 990, PART VI, SECTION B, LINE 11B THE SCHOOL REVIEWS THE FORM 990 WITH THE OUTSIDE AUDITOR BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ADHERES TO THE CONFLICT OF INTEREST POLICY AS PRESCRIBED BY THE NJ DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES ALL SALARIES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY CONTACTING THE ADMINISTRATION AT THE SCHOOL. FORM 990, PART VII, LINE 1A: THE EXECUTIVE DIRECTOR, CFO, AND CHIEF SCHOOLS ADMIN ARE EMPLOYEES OF THE CHARTER MANAGEMENT ORGANIZATION (CMO) AND COMPENSATED BY THE CMO RATHER THAN THE SCHOOL. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. KCNA PROJECT LLC 60 PARK PLACE SUITE 802 NEWARK NJ 07102 455040456 FACILITATE CONSTRUCTION PROJECTS FOR KCNA NJ 0 0 KIPP COOPER NORCROSS INC