2024-05-14T09:21:35-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 050546103 KIPP PHILADELPHA CHARTER SCHOOL KIPP 2676877283 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 KAREEM GOODWIN SCHOOL LEADER 2676877283 2024-05-13 1 KAREEM GOODWIN XXX-XX-XXXX 1 JOHN BUCKLEY CPA P00830631 5083669100 2024-05-13 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREEM GOODWIN 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 20410667 0 X WWW.KIPPPHILADELPHIA.ORG X 2003 PA A PUBLIC SCHOOL SERVICING STUDENTS IN KINDERGARTEN - 8TH GRADE. 8 8 144 9 0 0 7827027 7396982 12952118 12293748 228 51025 624737 668912 21404110 20410667 1356880 1678936 0 0 8017725 9138854 0 0 0 9327054 11786453 18701659 22604243 2702451 -2193576 33768186 48746732 30837961 48010083 2930225 736649 X TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE THEY NEED TO PURSUE THE PATHS THEY CHOOSE - COLLEGE, CAREER, AND BEYOND - SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD. 0 0 16365056 1678936 12293748 A PUBLIC SCHOOL SERVING STUDENTS IN KINDERGARTEN - 8TH GRADE. WE SERVE 860 STUDENTS THROUGHOUT PHILADELPHIA. WE PROVIDE THE CRITICAL RESOURCES NEEDED TO SUPPORT THE SOCIAL-EMOTIONAL HEALTH OF OUR STUDENTS, FAMILIES, ALUMNI, AND STAFF. 16365056 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 82 0 1 144 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CHRIS GUY 2676877283 2409 W WESTMORELAND STREET PHILADELPHIA PA 19129 STEPHANIE MONTALVO WHITE SCHOOL LEADER, KPEA 50.00 0.00 X 120412 0 31546 PETER RUGGIERO MATH INTERVENTION TEACHER 50.00 0.00 X 116444 0 31240 PHILLIP ARENDALL DIRECTOR OF OPERATIONS 50.00 0.00 X 114306 0 31295 JULIUS BROWN ELEMENTARY MUSIC TEACHER 50.00 0.00 X 107525 0 35606 TAMMI DUFFY ASSISTANT PRINCIPAL 50.00 0.00 X 104837 0 30790 ERICA L WEINER-AMACHI MATH INTERVENTION TEACHER 50.00 0.00 X 109184 0 25025 KAREEM GOODWIN SCHOOL LEADER, KPPA 50.00 0.00 X 68924 0 12837 SAMANTHA WILSON-JONES CHAIR 0.25 1.00 X X 0 0 0 ANN AERTS VICE CHAIR 0.25 1.00 X X 0 0 0 BERNARD CUMMINGS TREASURER 0.25 1.00 X X 0 0 0 AMANDA KEYES SECRETARY 0.25 1.00 X X 0 0 0 CHRIS JOHNSON BOARD MEMBER 0.25 1.00 X 0 0 0 GAIL LEWIS BOARD MEMBER 0.25 1.00 X 0 0 0 HERSCHEL RICHMAN BOARD MEMBER 0.25 1.00 X 0 0 0 TOYA ALGARIN BOARD MEMBER 0.25 1.00 X 0 0 0 DAVID REUTER BOARD MEMBER (UNTIL 6/23) 0.25 1.00 X 0 0 0 741632 0 198339 11 0 1 0 KIPP ADMINISTRATIVE SERVICE CORPS 5070 PARKSIDE AVE 3500D PHILADELPHIA PA 19131 SHARED SERVICES 1536673 LINTONS FOOD SERVICE MANAGEMENT PO BOX 5422 NEW YORK NY 10087 OUTSOURCED FACILITY CLEANING 726532 TEAM CLEAN INC 104 N 63RD STREET PHILADELPHIA PA 19139 OUTSOURCED CLEANING SERVICES 500666 NYMAN ASSOCIATES INC 220 COMMERCE DR STE 205 FT WASHINGTON PA 19034 SHARED SERVICES 428156 BRIGHT MINDS CONSULTING 4434 SHERWOOD RD PHILADELPHIA PA 19131 SHARED SERVICES 243685 12 7396982 30000 7396982 LOCAL SOURCES 611110 12261757 12261757 STUDENT ACTIVITIES 611110 31991 31991 12293748 51025 51025 LEASE REVENUE 900099 596612 596612 MISCELLANEOUS REVENUE 900099 72300 72300 668912 20410667 12293748 0 719937 X 1678936 1678936 326579 326579 7017805 5101617 1916188 15612 -79607 95219 1184073 854846 329227 594785 440754 154031 1471411 1471411 23741 23741 66225 66225 3577301 3225700 351601 86003 549 85454 169750 83515 86235 171824 171824 514252 431397 82855 1195108 1195108 2202948 2202948 199786 199786 FOOD SERVICES 826837 826837 BOOKS, PERIODICALS & SU 619497 563428 56069 REPAIRS & MAINTENANCE 348561 348561 EQUIPMENT 210465 62152 148313 102744 101279 1465 22604243 16365056 6239187 0 2638265 2419843 1937939 1421313 4443397 3530549 690 139658 15381 23525583 5798436 17617395 17727147 6990842 23632499 33768186 48746732 3360202 4649989 14977254 14783225 12500505 28576869 30837961 48010083 X -759871 -3338569 2492338 2696456 1197758 1378762 2930225 736649 33768186 48746732 -2193576 0 X X 0 1 X 1 1 1 X 734300 734300 19614050 3818259 15795791 2288458 1980177 308281 888775 888775 17727147 RIGHT-TO-USE LEASE ASSETS 16449700 SECURITY DEPOSITS 82580 DUE FROM RELATED PARTIES 6895219 DEFERRED OUTFLOWS FROM PENSIONS 195000 DEFERRED OUTFLOWS FROM OPEB 10000 23632499 DUE TO RELATED PARTIES 8242897 INTEREST PAYABLE 173725 LEASE LIABILITY 16697166 NET PENSION LIABILITY 1334000 NET OPEB LIABILITY 55000 DEFERRED INFLOWS FROM PENSIONS 189000 DEFERRED INFLOWS FROM OPEB 95000 UNEARNED REVENUE 243 DEFERRED INFLOWS LEASE LIABILITY 1789838 28576869 X 20410667 0 20410667 0 20410667 22604243 0 22604243 0 22604243 PART X, LINE 2: THE SCHOOL ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN WHICH TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. AS OF JUNE 30, 2023, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, THE SCHOOL HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES. THE SCHOOL FILES AN INFORMATION RETURN IN THE U.S. FEDERAL 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 NON-DISCRIMINATION POLICY IS PUBLISHED ON THE KIPP PHILADELPHIA WEBSITE, WWW.KIPPPHILADELPHIA.ORG. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVED ASSISTANCE FROM THE PENNSYLVANIA DEPARTMENT OF EDUCATION AND THE SCHOOL DISTRICT OF PHILADELPHIA DURING THE TAX YEAR. 1 KIPP DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVE PHILIADELPHIA PA 19131 474229584 501(C)(3) 184144 0 FOOD SERVICE COSTS KIPP NORTH PHILADELPHIA CHARTER SCHOOL 2539 N 1675 ST PHILIADELPHIA PA 19132 824132057 501(C)(3) 743060 0 FOOD SERVICE COSTS KIPP PHILADELPHIA OCTAVIUS CATTO CHARTER SCHOOL 5900 BALTIMORE AVE RM 206 PHILIADELPHIA PA 19143 861797875 501(C)(3) 215790 0 FOOD SERVICE COSTS KIPP WEST PHILADELPHIA ELEMENTARY ACADEMY 5070 PARKSIDE AVE PHILIADELPHIA PA 19131 475257423 501(C)(3) 535942 0 FOOD SERVICE COSTS 4 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 0 0 0 0 0 0 0 1 0 STEPHANIE MONTALVO WHITE SCHOOL LEADER, KPEA 118412 0 2000 0 0 0 6021 0 25525 0 151958 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 FY23. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 71781XAX1 2016-04-13 16325957 REVENUE BONDS (KIPP PHILADELPHIA CHARTER SCHOOL PROJECT) SERIES OF 2016A 0 0 0 A 2225957 16325957 997327 326518 15002113 2016 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 X 1 30000 USDA COMMODITY VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD MAY, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, ESTABLISH AN EXECUTIVE COMMITTEE WHICH CONSISTS OF OFFICERS AND OTHER MEMBERS OF THE BOARD AS APPOINTED AS NECESSARY BY THE PRESIDENT, WHICH COMMITTEE MAY RENDER DECISIONS ON MATTERS REQUIRING ACTION OCCURRING BETWEEN BOARD MEETINGS. ANY DECISION RENDERED BY THE EXECUTIVE COMMITTEE WILL BE REVIEWED AND PUT BEFORE THE FULL BOARD OF TRUSTEES FOR RATIFICATION. THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION WITHIN SUCH LIMITS AS MAY BE PRESCRIBED BY THE BOARD. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE HAVE ANY POWER OR AUTHORITY AS TO THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND BOARD. 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 SCHOOL LEADERS 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. NO OTHER COMPENSATED INDIVIDUAL MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. 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 FEES: PROGRAM SERVICE EXPENSES 837,483. MANAGEMENT AND GENERAL EXPENSES 351,601. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,189,084. CONTRACTED EDUCATION SERVICES: PROGRAM SERVICE EXPENSES 2,388,217. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,388,217. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART X, LINE 8: THE SCHOOL IS PART OF THE PUBLIC SCHOOL EMPLOYEES' RETIREMENT SYSTEM (PSERS), WHICH IS A GOVERNMENTAL COST-SHARING MULTIPLE EMPLOYER DEFINED PENSION PLAN THAT PROVIDES BENEFITS TO PUBLIC SCHOOL EMPLOYEES OF THE COMMONWEALTH OF PENNSYLVANIA. UNDER GOVERNMENTAL-WIDE ACCOUNTING FOR GOVERNMENTAL ACCOUNTING STANDARDS (GASB) REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS NET PENSION LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE ADOPTION OF ACCOUNTING STANDARD GASB 68 - ACCOUNTING AND FINANCIAL REPORTING FOR PENSIONS IN FISCAL YEAR JUNE 30, 2015. UNDER GASB REPORTING, THE SCHOOL IS REQUIRED TO RECORD THEIR ALLOCATED PORTION OF THE PSERS OTHER POSTEMPLOYMENT BENEFIT (OPEB) LIABILITY, DEFERRED INFLOWS AND DEFERRED OUTFLOWS ON AN ANNUAL BASIS SINCE THE KIPP PHILADELPHIA CHARTER SCHOOL 05-0546103 ADOPTION OF ACCOUNTING STANDARD GASB 74 AND 75 - ACCOUNTING AND FINANCIAL REPORTING FOR POSTEMPLOYMENT BENEFITS OTHER THAN PENSIONS IN FISCAL YEAR JUNE 30, 2018. AS A RESULT OF THE FISCAL YEAR 2022 ALLOCATIONS AND GASB JOURNAL ENTRIES REQUIRED TO BE RECORDED, THE PSERS PENSION AND OPEB ACTIVITY RESULTED IN A CREDIT FOR JUNE 30, 2023 FISCAL YEAR. KIPP NORTH PHILADELPHIA CHARTER SCHOOL 2539 N 16TH STREET PHILADELPHIA PA 19132 824132057 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP ADMINISTRATIVE SERVICES CORPORATION 5070 PARKSIDE AVENUE SUITE 3500D PHILADELPHIA PA 19131 452384209 ADMINISTRATION PA 501(C)(3) LINE 7 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 DUBOIS CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 474229584 SCHOOL PA 501(C)(3) LINE 2 N/A 0 KIPP PHILADELPHIA OCTAVIUS CATTO CHARTER SCHOOL 5070 PARKSIDE AVENUE PHILADELPHIA PA 19131 861797875 SCHOOL PA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0