2025-05-14T13:57:22-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 463090135 KIPP NYC FACILITY HOLDINGS INC KIPP 9179690284 1501 BROADWAY 1000 NEW YORK NY 10036 ALICIA JOHNSON VICE PRESIDENT 9179690284 2025-05-13 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-05-13 2023 2025-03-06 01:10:19Z ALICIA JOHNSON 1501 BROADWAY 1000 NEW YORK NY 10036 1463193 0 X WWW.KIPPNYC.ORG X 2013 NY THE MISSION OF KIPP NYC FACILITY HOLDINGS INC. IS TO SECURE LONG-TERM FACILITIES FOR THE KIPP PUBLIC CHARTER SCHOOLS IN NEW YORK. THEY WILL PRIMARILY SERVE TO DEVELOP, MANAGE, AND LEASE PUBLIC SCHOOL FACILITIES TO ENSURE THAT ADEQUATE FACILITIES ARE AVAILABLE FOR HIGH PERFORMING CHARTER SCHOOLS OPERATING UNDER THE KIPP NAME. 3 3 0 3 0 0 0 0 1066807 1463193 0 0 0 0 1066807 1463193 0 0 0 0 0 0 0 0 0 3549838 2623984 3549838 2623984 -2483031 -1160791 54167083 51991935 26437930 25423573 27729153 26568362 X THE MISSION OF KIPP NYC FACILITY HOLDINGS INC. IS TO SECURE LONG-TERM FACILITIES FOR THE KIPP PUBLIC CHARTER SCHOOLS IN NEW YORK. THEY WILL PRIMARILY SERVE TO DEVELOP, MANAGE, AND LEASE PUBLIC SCHOOL FACILITIES TO ENSURE THAT ADEQUATE FACILITIES ARE AVAILABLE FOR HIGH PERFORMING CHARTER SCHOOLS OPERATING UNDER THE KIPP NAME. 0 0 2508306 1463193 THE ORGANIZATION SERVES TO DEVELOP, MANAGE AND LEASE PUBLIC SCHOOL FACILITIES AND FOSTER FURTHER RELATIONSHIPS WITH THE CITY OF NEW YORK TO ENSURE THAT ADEQUATE FACILITIES ARE AVAILABLE FOR HIGH PERFORMING CHARTER SCHOOLS OPERATING UNDER THE KNOWLEDGE IS POWER PROGRAM (KIPP) NAME IN NEW YORK CITY (NYC). 2508306 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X MATTHEW SHAW 9179690284 1501 BROADWAY 1000 NEW YORK NY 10036 RAFAEL MAYER PRESIDENT 0.25 5.00 X X 0 0 0 DAVID LEVIN VICE PRESIDENT 0.25 5.00 X X 0 0 0 RICHARD TAFT TREASURER 0.25 1.00 X X 0 0 0 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 1.00 39.00 X 0 463490 45642 REBECCA SLEATH SECRETARY/CHIEF OF STAFF 2.00 38.00 X 0 200092 35135 DIANE FLYNN CHIEF REAL ESTATE OFF. (UNTIL 3/24) 1.00 39.00 X 0 115621 17925 DANA WILLIS GENERAL COUNSEL 1.00 39.00 X 0 252375 25407 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 224148 30634 0 1255726 154743 0 0 1 0 0 RENTAL REVENUE 532000 1463193 1463193 1463193 1463193 1463193 0 0 4675 4675 38350 38350 8450 8450 1075875 1075875 1432431 1432431 MISCELLANEOUS 64203 64203 2623984 2508306 115678 0 180863 490233 77562 115298 142280 41265313 14435581 28176513 26829732 25616847 24529690 54167083 51991935 25916 21624 26412014 25401949 26437930 25423573 X 27729153 26568362 27729153 26568362 54167083 51991935 -1160791 0 X X 0 1 X 1 0 X 80067 7128281 7208348 1113570 1066807 1463193 3643570 80067 7128281 1113570 1066807 1463193 10851918 0 1102434 1056139 1448561 3607134 1102434 1056139 1448561 3607134 7244784 587 103381 103968 587 103381 103968 80654 7231662 1113570 1066807 1463193 10955886 0.66130 0.77420 0.00950 0.01050 X THE MISSION OF THE ORGANIZATION IS TO DEVELOP, MANAGE AND LEASE PUBLIC SCHOOL FACILITIES AND FOSTER FURTHER RELATIONSHIPS WITH THE CITY OF NEW YORK TO ENSURE THAT ADEQUATE FACILITIES ARE AVAILABLE FOR HIGH PERFORMING CHARTER SCHOOLS IN THE CITY OF NEW YORK. THIS MISSION DIRECTLY PROVIDES BENEFIT TO THE GENERAL PUBLIC BY SUPPORTING PUBLIC EDUCATION. A SIGNIFICANT PART OF ITS REVENUE COMES FROM A RELATED 501(C)(3) PUBLIC CHARITY WHOSE MISSION IS TO PROVIDE SUPPORT TO SCHOOLS AND PROGRAMSOPERATING IN NEW YORK CITY. THE ORGANIZATION'S BOARD REPRESENTS THE BROAD INTERESTS OF THE PUBLIC IN SUPPORTING PUBLIC EDUCATION. 41062581 14411446 26651135 202732 24135 178597 26829732 SECURITY DEPOSITS 151340 RIGHT-OF-USE ASSET - OPERATING LEASE 3761797 PLEDGE RECEIVABLE - PROPERTY 20616553 24529690 OPERATING LEASE OBLIGATION 3904078 FINANCING OBLIGATION 20616553 DUE TO KIPP NYC ENTERPRISE 881318 25401949 X PART X, LINE 2: THE ORGANIZATION 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 CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT JUNE 30, 2024. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 0 0 0 0 0 0 0 0 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 0 443490 0 20000 0 0 0 9756 0 35886 0 509132 0 0 DANA WILLIS GENERAL COUNSEL 0 252375 0 0 0 0 0 11500 0 13907 0 277782 0 0 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 0 224148 0 0 0 0 0 11500 0 19134 0 254782 0 0 REBECCA SLEATH SECRETARY/CHIEF OF STAFF 0 200092 0 0 0 0 0 11500 0 23635 0 235227 0 0 PART I, LINE 3 NO COMPENSATION IS PAID BY KIPP NYC FACILITY HOLDINGS, INC. KIPP NEW YORK, INC., A RELATED 501(C)(3) PUBLIC CHARITY, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 KIPP NYC FACILITY HOLDING, INC. HAS ONE CLASS OF MEMBERS. THE INITIAL AND CURRENT MEMBERS OF THE CORPORATION ARE: KIPP ACADEMY CHARTER SCHOOL ("KIPP ACADEMY"), KIPP NEW YORK, INC. ("KIPP NY"), AS WELL AS KIPP AMP CHARTER SCHOOL, KIPP INFINITY CHARTER SCHOOL AND KIPP NYC PUBLIC CHARTER SCHOOLS (COLLECTIVELY "KIPP NY SCHOOLS"). KIPP AMP CHARTER SCHOOL AND KIPP INFINITY CHARTER SCHOOL ARE BOTH DISREGARDED ENTITIES OF KIPP NYC PUBLIC CHARTER SCHOOLS, BUT EACH SCHOOL GETS ITS OWN VOTE, SO KIPP NYC PUBLIC CHARTER SCHOOLS EFFECTIVELY GETS THREE VOTES, WHICH EFFECTIVELY CONSTITUTES A MAJORITY. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER SHALL APPOINT ONE DIRECTOR TO THE KIPP NYC FACILITY HOLDINGS, INC. BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNING DOCUMENTS MAY ONLY BE AMENDED, ALTERED OR REPEALED UPON THE UNANIMOUS VOTE OF THE MEMBERS OF KIPP NYC FACILITY HOLDINGS, INC. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEE MEETINGS HELD DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. MANAGEMENT WILL PROVIDE THE FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY FOR THE GUIDANCE OF ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE CORPORATION. IF A CONFLICT OR POTENTIAL CONFLICT IS IDENTIFIED, THE BOARD'S INDEPENDENT DIRECTORS REVIEW THE TRANSACTION IN QUESTION TO DETERMINE ITS PROPRIETY, ITS IMPACT ON THE ORGANIZATION AND THE AVAILABILITY OF, AND NEED FOR, ANY CORRECTIVE MEASURES. RELATED PARTY TRANSACTIONS MUST GO THROUGH A FORMAL REVIEW BY A QUORUM OF THE BOARD CONSISTING OF INDEPENDENT DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 AS OF THIS TIME, THE ORGANIZATION PAYS NO COMPENSATION AND HAS NO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. KIPP NYC FACILITIES II LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 463101506 DEVELOP, MANAGE, AND LEASE PUBLIC SCHOOL FACILITIES DE 0 47267688 KIPP NYC FACILITY HOLDINGS INC KIPP NYC ST NICHOLAS AVENUE LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 844261563 LEASE REAL PROPERTY FOR OPERATIONS OF CHARTER SCHOOLS DE 1463193 4573314 KIPP NYC FACILITY HOLDINGS INC KIPP NYC RITA LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 844249795 LEASE REAL PROPERTY FOR OPERATIONS OF CHARTER SCHOOLS DE 0 150933 KIPP NYC FACILITY HOLDINGS INC KIPP ACADEMY CHARTER SCHOOL 250 EAST 156TH STREET BRONX NY 10451 113550982 CHARTER SCHOOL NY 501(C)(3) LINE 2 0 KIPP NYC PUBLIC CHARTER SCHOOLS 4333 WEST 123RD STREET NEW YORK NY 10027 834247585 CHARTER SCHOOL NY 501(C)(3) LINE 2 0 KIPP NEW YORK INC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 203971209 MANAGEMENT COMPANY NY 501(C)(3) LINE 12B, II 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0