2025-05-15T15:09:56-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 113550982 KIPP ACADEMY CHARTER SCHOOL KIPP 2129912600 250 EAST 156TH STREET 4TH FLOOR NEW YORK NY 10451 NATALIE WEBB DEPUTY SUPERINTENDENT 2129912600 2025-05-13 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-05-13 2023 2025-03-06 01:10:19Z NATALIE WEBB 250 EAST 156TH STREET 4TH FLOOR NEW YORK NY 10451 25975572 0 X WWW.KIPPNYC.ORG X 1995 NY TO OPERATE AND MAINTAIN A PUBLIC SCHOOL CHARTERED BY THE NEW YORK STATE BOARD OF REGENTS 5 5 87 20 0 0 24867463 25856259 55998 52129 0 186 64695 66998 24988156 25975572 8810 5000 0 0 16209707 14748977 0 0 0 8208357 8018847 24426874 22772824 561282 3202748 2879322 6867764 5703271 6488965 -2823949 378799 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 CREATE A MORE JUST WORLD. 0 0 19402833 5000 52129 OPERATION OF THE CHARTER SCHOOL FOR 1,280 STUDENTS ATTENDING KINDERGARTEN THROUGH GRADE 12. 19402833 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 37 0 1 87 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X MATTHEW SHAW 9177178619 1501 BROADWAY 10TH FLOOR SUITE 1000 NEW YORK NY 10036 RAFAEL MAYER CHAIR 5.00 0.25 X X 0 0 0 RICHARD TAFT TREASURER 0.50 0.75 X X 0 0 0 GWENDOLYN BRUNSON TRUSTEE 0.50 0.50 X 0 0 0 KERRY MULLINS TRUSTEE 0.50 X 0 0 0 CARRIE MAUER TRUSTEE 0.50 X 0 0 0 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 2.00 38.00 X 0 463490 45642 NATALIE WEBB DEPUTY SUPERINTENDENT 8.00 32.00 X 0 322420 52082 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 224148 30634 DIANE FLYNN CHIEF REAL ESTATE OFF. (UNTIL 3/24) 1.00 39.00 X 0 115621 17925 TESSA KRATZ SR. MD OF KIPP FORWARD 4.00 36.00 X 0 207460 34035 MONICA SAMUELS PRINCIPAL 8.00 32.00 X 0 230009 47950 ANISSA JONES PRINCIPAL 40.00 X 177746 0 31810 BARBARA DEPESA ASST. PRINCIPAL TEACH/LEARN 8.00 32.00 X 0 216190 12279 ANTOINE LEWIS PRINCIPAL 39.00 1.00 X 248110 0 264 BRANDI VARDIMAN TEACHER 1.00 39.00 X 0 203157 5400 CANDICE A SEAGRAVE TEACHER 1.00 39.00 X 0 174902 46098 CHRYSTAL R GRIFFIN MD OF SCHOOLS 1.00 39.00 X 0 185944 26356 425856 2343341 350475 32 0 1 0 0 143808 25706308 6143 25856259 STUDENT ACTIVITIES 611110 52129 52129 52129 186 186 OTHER REVENUE 900099 66998 66998 66998 25975572 52129 0 67184 5000 5000 118451 118451 11555289 11555289 140828 140828 2060391 2060391 874018 874018 3048037 3048037 231640 231640 132918 132918 484907 484907 11008 11008 435533 435533 740483 740483 1182406 1182406 36000 36000 103617 103617 154206 154206 STUDENT SUPPLIES 607014 607014 STUDENT SERVICES 436335 436335 PROFESSIONAL DEVELOPMEN 327728 327728 MISCELLANEOUS 54919 20089 34830 32096 32096 22772824 19402833 3369991 0 847911 4799616 1542648 1610565 77589 90836 1583690 1216943 411174 366747 2879322 6867764 981982 1192163 41368 4000000 4000000 679921 1296802 5703271 6488965 X -2870329 330931 46380 47868 -2823949 378799 2879322 6867764 3202748 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 892826 750590 142236 629960 407267 222693 60904 59086 1818 366747 DUE TO KIPP NYC ENTERPRISE 1296802 1296802 X 25975572 0 25975572 0 25975572 22772824 0 22772824 0 22772824 PART X, LINE 2: THE 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 SCHOOL HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2024. THE SCHOOL'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE 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 IN PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS ON WWW.KIPPNYC.ORG, THE SCHOOL INCLUDES ITS NON-DISCRIMINATION POLICY, WHICH STATES: "THE SCHOOL SHALL NOT DISCRIMINATE AGAINST ANY STUDENT ON THE BASIS OF ETHNICITY, NATIONAL ORIGIN, GENDER OR DISABILITY." THE NON-DISCRIMINATION POLICY IS ALSO INCLUDED IN THE HANDBOOK, WHICH IS AVAILABLE ON KIPP GO!, AND AT SCHOOL LOCATIONS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION, PASSED THROUGH THE NEW YORK DEPARTMENT OF EDUCATION, THE NEW YORK DEPARTMENT OF EDUCATION AND THE NEW YORK CITY DEPARTMENT OF EDUCATION DURING THE TAX YEAR. 1 TUITION ASSISTANCE 21 5000 PART I, LINE 2: WHEN RESTRICTED GRANT MONIES ARE RECEIVED, KIPP ACADEMY CHARTER SCHOOL, CREATES A FUNDING SOURCE FOR EACH GRANT IN THEIR ACCOUNTING SOFTWARE TO TRACK ALL RELATED REVENUE AND QUALIFYING EXPENSES. ACCOUNTING REPORTS ARE RAN PERIODICALLY TO REVIEW AND MONITOR THE PROPER USE OF THE GRANT FUNDS AND UNDERLYING ACTIVITY. X X X X 0 0 0 0 0 0 0 1 0 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 0 443490 0 20000 0 0 0 9756 0 35886 0 509132 0 0 NATALIE WEBB DEPUTY SUPERINTENDENT 0 302420 0 20000 0 0 0 11500 0 40582 0 374502 0 0 MONICA SAMUELS PRINCIPAL 0 200560 0 29449 0 0 0 11500 0 36450 0 277959 0 0 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 0 224148 0 0 0 0 0 11500 0 19134 0 254782 0 0 ANTOINE LEWIS PRINCIPAL 217141 0 30969 0 0 0 0 0 264 0 248374 0 0 0 TESSA KRATZ SR. MD OF KIPP FORWARD 0 197460 0 10000 0 0 0 11500 0 22535 0 241495 0 0 BARBARA DEPESA ASST. PRINCIPAL TEACH/LEARN 0 216190 0 0 0 0 0 0 0 12279 0 228469 0 0 CANDICE A SEAGRAVE TEACHER 0 165365 0 9537 0 0 0 4788 0 41310 0 221000 0 0 CHRYSTAL R GRIFFIN MD OF SCHOOLS 0 153941 0 32003 0 0 0 11500 0 14856 0 212300 0 0 ANISSA JONES PRINCIPAL 172778 0 4968 0 0 0 0 0 31810 0 209556 0 0 0 BRANDI VARDIMAN TEACHER 0 167861 0 35296 0 0 0 5400 0 0 0 208557 0 0 PART I, LINE 7 THE EXECUTIVE LEADERSHIP IS ELIGIBLE TO RECEIVE A BONUS. THE AMOUNT OF THE BONUS IS DETERMINED BY THE BOARD OF DIRECTORS AND BASED ON ESTABLISHED WRITTEN GOALS AND OBJECTIVES. MANAGEMENT EMPLOYEES ARE ALSO ELIGIBLE TO RECEIVE A BONUS THAT IS APPROVED BY THE CEO AND CFO BASED ON ESTABLISHED WRITTEN GOALS AND OBJECTIVES. FOR BOTH EXECUTIVE LEADERSHIP AND MANAGEMENT, THE DELIBERATION AND FINAL DETERMINATION IS TIMELY APPROVED AND DOCUMENTED. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A SERVICE AGREEMENT WITH KIPP NYC, LLC, (A DISREGARDED ENTITY OF KIPP NEW YORK, INC.), A RELATED ENTITY, WHICH PROVIDES OPERATIONAL AND ADMINISTRATIVE SUPPORT TO THE SCHOOL. INCLUDED IN THESE SERVICES PROVIDED ARE HUMAN RESOURCES, TECHNOLOGY, DATA, OPERATIONS, FINANCE AND ACCOUNTING, RECRUITING, FUNDRAISING, INSTRUCTIONAL TRAINING AND PROGRESS MONITORING. FOR THE YEAR ENDED JUNE 30, 2024, THE ORGANIZATION INCURRED EXPENSE OF $3,048,037 FOR THESE SERVICES. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. 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 TRUSTEES BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C KIPP ACADEMY CHARTER SCHOOL HAS ADOPTED A CONFLICT OF INTEREST POLICY FOR THE GUIDANCE OF ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE CORPORATION. DISCLOSURE OF MATERIAL FACTS SURROUNDING A CONFLICT OF INTEREST SHALL BE MADE TO THE CHAIRPERSON OF THE BOARD. A KEY EMPLOYEE WHO WISHES TO USE STAFF ASSISTANCE, SERVICES OR FACILITIES FOR PURPOSES OTHER THAN CARRYING OUT PROFESSIONAL RESPONSIBILITIES MUST DISCLOSE THE CONFLICT TO THE CHIEF OPERATING OFFICER OF KIPP ACADEMY CHARTER SCHOOL, WHO WILL EXERCISE DISCRETION IN ALLOWING OR DISALLOWING THE PROPOSED USE IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. THE CHAIRMAN OF THE BOARD REVIEWS ALL WRITTEN DISCLOSURES OF CONFLICTS OF INTEREST, HOWEVER 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 THE ORGANIZATION'S DETERMINATION OF COMPENSATION FOR THE SUPERINTENDENT, OTHER OFFICER AND KEY EMPLOYEE POSITIONS ARE BASED ON COMPENSATION SURVEYS, RELATED MARKET RESEARCH, EVALUATION OF PERFORMANCE AND EXPERIENCE. COMPENSATION FOR THE AFOREMENTIONED POSITIONS ARE DETERMINED ANNUALLY AND APPROVED BY THE BOARD OF THE RESPECTIVE ORGANIZATIONS. THIS PROCESS AND THE FINAL DETERMINATIONS WERE TIMELY DOCUMENTED. 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 FACILITY HOLDINGS INC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 463090135 DEVELOP, MANAGE, LEASE PUBLIC SCHOOL FACILITIES NY 501(C)(3) LINE 7 0 KIPP NYC PUBLIC CHARTER SCHOOLS 433 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 1 0 0 0 0 0 0