2025-05-14T11:11:55-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 203971209 KIPP NEW YORK INC KIPP 2129912610 1501 BROADWAY 1000 NEW YORK NY 10036 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 2129912610 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 59927426 0 X WWW.KIPPNYC.ORG X 2005 DE TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS 10 10 344 70 0 0 33195110 9336534 22687342 46365402 2247968 3856438 6693306 170133 64823726 59728507 371361 2062596 0 0 21901310 25665048 0 0 1634519 16473467 29458747 38746138 57186391 26077588 2542116 399133308 384347627 334441064 319837496 64692244 64510131 TO PROVIDE SUPPORT FOR KIPP NYC SCHOOLS AND PROGRAMS 0 0 52299930 2062596 46365402 TO PROVIDE SUPPORT TO KIPP NYC SCHOOLS. TO SOLICIT, RAISE, RECEIVE, HOLD, INVEST AND EXPEND FUNDS FOR THE ADVANCEMENT AND FURTHERANCE OF SUCH PURPOSES AND TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES IN THE FURTHERANCE OF THE FOREGOING PURPOSES. 52299930 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 170 0 1 344 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X MATTHEW SHAW 2129912610 1501 BROADWAY 1000 NEW YORK NY 10036 LARRY ROBBINS CHAIR 4.00 X X 0 0 0 DAVID LEVIN VICE CHAIR 5.00 0.25 X X 0 0 0 ELIAS ALCANTARA DIRECTOR 2.00 X 0 0 0 LISA BLAU DIRECTOR 1.00 X 0 0 0 ABIGAIL KLEM-SPECTOR DIRECTOR 4.00 X 0 0 0 FRED SCOTT DIRECTOR 1.00 X 0 0 0 MARVA SMALLS DIRECTOR 0.25 X 0 0 0 AMANDA BALDWIN DIRECTOR 1.00 X 0 0 0 ERICA DEWAN DIRECTOR 0.25 X 0 0 0 REBECCA KADEN DIRECTOR 1.00 X 0 0 0 ALICIA JOHNSON CHIEF EXECUTIVE OFFICER 35.00 5.00 X 463490 0 45642 NATALIE WEBB DEPUTY SUPERINTENDENT 13.00 27.00 X 322420 0 52082 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 37.00 3.00 X 224148 0 30634 DIANE FLYNN CHIEF REAL ESTATE OFF. (UNTIL 3/24) 37.00 3.00 X 115621 0 17925 JANE DOWLING CHIEF OF EXTERNAL AFFAIRS 40.00 X 295325 0 37675 EDWARD LAUX SR. MD TECH & FACILITIES 40.00 X 294119 0 27490 LESLIE KIM CAO, REGION LEADER 40.00 X 277933 0 31404 REBECCA SLEATH CHIEF OF STAFF 38.00 2.00 X 200092 0 35135 TESSA KRATZ SR. MD OF KIPP FORWARD 20.00 20.00 X 207460 0 34035 JEFFREY IMWOLD MD OF STUDENT SUPPORT SERVICES 40.00 X 0 206657 23779 ROSEANN SHEEHAN MANAGING DIRECTOR DATA & OPERATIONS 40.00 X 150162 0 21973 MEETA GANDHI CHIEF EQUITY OFF REG. LDR 40.00 X 234473 0 15768 DANA WILLIS GENERAL COUNSEL 39.00 1.00 X 252375 0 25407 CANDICE SEAGRAVE TEACHER 1.00 39.00 X 0 174902 46098 MONICA SAMUELS PRINCIPAL 1.00 39.00 X 0 230009 47950 BRANDI VARDIMAN MD OF SCHOOLS 1.00 39.00 X 213958 0 19655 3251576 611568 512652 63 0 1 0 DBI PROJECTS LLC 1261 BROADWAY 9TH FLOOR NEW YORK NY 10001 REAL ESTATE ADVISORY AND PROJECT MANAGEM 1418184 SQUIRE PATTON BOGGS USLLP 4900 KEY TOWER 127 PUBLIC SQUARE CLEVELAND OH 44114 LEGAL SERVICES 717241 KATTEN MUCHIN ROSENMAN LLP 50 ROCKEFELLER PLAZA NEW YORK NY 10020 LEGAL SERVICES 325000 CLIFTON LARSON ALLEN LLP PO BOX 829702 PHILADELPHIA PA 19182 SOFTWARE SUPPORT SERVICES 295756 FAEGRE DRINKER BIDDLE REATH LLP 2200 WELLS FARGO CENTER 90 SOUTH 7 MINNEAPOLIS MN 55402 LEGAL SERVICES 234320 5 385516 1325233 7625785 126175 9336534 SERVICES RENDERED 611710 24337180 24337180 RENTAL INCOME 531110 19384477 19384477 PROGRAM FEES 611710 2218009 2218009 DEVELOPER FEES 611710 425736 425736 46365402 3856438 3856438 172700 385516 198919 -26219 -26219 MISCELLANEOUS REVENUE 900099 166685 166685 KIPP PARTNERSHIP INCOME 900099 29667 29667 196352 59728507 46365402 0 4026571 1899732 1899732 162864 162864 1722443 1377954 258367 86122 19175431 17588487 1016022 570922 526199 498037 17002 11160 2789488 2606511 117197 65780 1451487 1340536 73629 37322 76738 76738 196874 196874 2596269 1901369 180830 514070 209839 209692 147 217671 163282 35293 19096 1007969 1005699 1092 1178 7579863 7039488 321147 219228 10515866 10515866 4491583 4472548 19035 362079 328048 20225 13806 STAFF DEVELOPMENT 923166 653191 218802 51173 WRITE-OFF OF PLEDGE REC 771895 771895 MISCELLANEOUS 299731 276999 4532 18200 ACADEMIC SUPPORT 136659 136659 72545 46230 26315 57186391 52299930 3251942 1634519 20574276 19850529 72833334 42726650 25644146 15497145 5299686 6673007 22908633 22908633 1732703 2946857 236537471 6786478 212210294 229750993 37930236 43993813 399133308 384347627 20724955 13390565 804222 241111174 239918311 31136824 24084012 800000 800000 40668111 40840386 334441064 319837496 X 61933213 60649074 2759031 3861057 64692244 64510131 399133308 384347627 X 2542116 9804 -2734033 X X 0 1 X 1 0 X X X 2 KIPP ACADEMY CHARTER SCHOOL 113550982 2 1 0 0 KIPP NYC PUBLIC CHARTER SCHOOLS 300717988 2 1 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION A, LINE 1: THE ARTICLES OF INCORPORATION SPECIFICALLY DESIGNATE THAT THE ORGANIZATION SHALL OPERATE FOR THE BENEFIT OF THE KNOWLEDGE IS POWER PROGRAM (KIPP) SCHOOLS. IT SHALL PRIMARILY OPERATE FOR THE BENEFIT OF THE KIPP SCHOOLS LOCATED WITHIN THE FIVE BOUGHS OF NEW YORK CITY, NEW YORK, THAT ARE QUALIFIED, OR HAVE APPLIED FOR QUALIFICATION, AS AN IRC SECTION 501(C)(3) ORGANIZATION, BUT MAY FROM TIME TO TIME BENEFIT KIPP SCHOOLS MEETING ALL STATED CRITERIA BUT ARE LOCATED IN A DIFFERENT GEOGRAPHIC LOCATION. KIPP SCHOOLS CURRENTLY IN EXISTENCE THAT FALL INTO THIS CLASS ARE LISTED ON SCHEDULE A, PART I, LINE 12G, CURRENTLY ALL SUPPORTED SCHOOLS ARE LOCATED WITH THE FIVE BOROUGHS OF NEW YORK CITY. PART IV, SECTION C, LINE 1: THE ORGANIZATION AND BOTH OF ITS SUPPORTED ORGANIZATIONS ARE ALL MANAGED BY THE SAME COO AND CFO, WHO REPORT ON THE ACTIVITY OF EACH ENTITY TO THE GOVERNING BOARDS OF ALL ENTITIES. THIS REGULAR COMMUNICATION THROUGH SHARED MANAGEMENT ALLOWS FOR THE SUPPORTED ORGANIZATIONS TO ENSURE THE SUPPORTING ORGANIZATION REMAINS RESPONSIVE TO THEIR NEEDS AND DEMANDS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35786078 35786078 166451314 3467736 162983578 13891950 2160420 11731530 1304664 1158322 146342 19103465 19103465 229750993 DUE FROM KIPP NYC ENTERPRISE 8120634 RIGHT-OF-USE ASSET - OPERATING LEASE 34499934 RIGHT-OF-USE ASSET - FINANCE LEASE 1373245 43993813 OPERATING LEASE OBLIGATION 39326182 FINANCE LEASE OBLIGATION 1189204 CONDITIONAL GRANT ADVANCE 325000 40840386 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. CASINO NIGHT 558216 385516 172700 62132 84700 40350 11737 558216 385516 172700 62132 84700 40350 11737 198919 -26219 1 KIPP ACADEMY CHARTER SCHOOL 250 EAST 156TH STREET 4TH FLOOR NEW YORK NY 10451 113550982 501C3 143808 0 TO SUPPORT THE FUNCTIONS OF KIPP ACADEMY CHARTER SCHOOL KIPP NYC PUBLIC CHARTER SCHOOLS 1501 BROADWAY 10TH FLOOR SUITE 1000 NEW YORK NY 10036 834247585 501C3 1755924 0 TO SUPPORT THE FUNCTIONS OF KIPP NYC PUBLIC CHARTER SCHOOLS 2 SCHOLARSHIPS 35 65550 SUPPORT 294 97314 PART I, LINE 2: WHEN RESTRICTED GRANT MONIES ARE RECEIVED, KIPP NEW YORK, INC. 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 443490 0 20000 0 0 0 9756 0 35886 0 509132 0 0 0 NATALIE WEBB DEPUTY SUPERINTENDENT 302420 0 20000 0 0 0 11500 0 40582 0 374502 0 0 0 JANE DOWLING CHIEF OF EXTERNAL AFFAIRS 276380 0 18945 0 0 0 11500 0 26175 0 333000 0 0 0 EDWARD LAUX SR. MD TECH & FACILITIES 274524 0 19595 0 0 0 0 0 27490 0 321609 0 0 0 LESLIE KIM CAO, REGION LEADER 253333 0 24600 0 0 0 8400 0 23004 0 309337 0 0 0 MONICA SAMUELS PRINCIPAL 0 200560 0 29449 0 0 0 11500 0 36450 0 277959 0 0 DANA WILLIS GENERAL COUNSEL 252375 0 0 0 0 0 11500 0 13907 0 277782 0 0 0 SUZANNE DEYOUNG CHIEF FINANCIAL OFFICER 224148 0 0 0 0 0 11500 0 19134 0 254782 0 0 0 MEETA GANDHI CHIEF EQUITY OFF REG. LDR 234473 0 0 0 0 0 11500 0 4268 0 250241 0 0 0 TESSA KRATZ SR. MD OF KIPP FORWARD 197460 0 10000 0 0 0 11500 0 22535 0 241495 0 0 0 REBECCA SLEATH CHIEF OF STAFF 200092 0 0 0 0 0 11500 0 23635 0 235227 0 0 0 BRANDI VARDIMAN MD OF SCHOOLS 203958 0 10000 0 0 0 5400 0 14255 0 233613 0 0 0 JEFFREY IMWOLD MD OF STUDENT SUPPORT SERVICES 0 206657 0 0 0 0 0 11500 0 12279 0 230436 0 0 CANDICE SEAGRAVE TEACHER 0 165365 0 9537 0 0 0 4788 0 41310 0 221000 0 0 ROSEANN SHEEHAN MANAGING DIRECTOR DATA & OPERATIONS 150162 0 0 0 0 0 10688 0 11285 0 172135 0 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. A ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY 813526584 04052BQH0 2021-08-26 252955240 CONSTRUCTION 0 0 0 A 252955240 64787519 29688572 4983218 153495931 2024 0 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 2 74466 FMV X GALA PRIZES 15 51709 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD MAY DESIGNATE A COMMITTEE THAT HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. THE COMPOSITION OF THE COMMITTEE IS DETERMINED BY THE BOARD. NO COMMITTEE SHALL HAVE ANY POWER OR AUTHORITY TO: (A) ADOPT, AMEND OR REPEAL ANY BYLAW OF THE CORPORATION; (B) FILL VACANCIES IN THE BOARD OR IN ANY COMMITTEE; (C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD THAT BY ITS TERMS MAY NOT BE SO AMENDED OR REPEALED; (D) FIX COMPENSATION OF ANY DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; AND (E) DELEGATE ANY OF THE POWER OR AUTHORITY OF SUCH COMMITTEE TO A SUBCOMMITTEE UNLESS SO AUTHORIZED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BYLAWS WERE AMENDED IN SEPTEMBER 2023. THE AMENDMENT MADE IS TO CLARIFY THE ROLES OF THE PRESIDENT AND CEO OF KIPP NEW YORK INC. 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 DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C KIPP NEW YORK, INC. 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 NEW YORK, INC., 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 ORGANIZATION. 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 FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF OF DUE FROM KIPP NYC ENTERPRISE -2,734,033. 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 LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 264180710 PROVIDE SUPPORT SERVICES TO KIPP NYC SCHOOLS AND PROGRAMS NY 27493036 24167283 KIPP NEW YORK INC KTC NYC LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 611686436 PROVIDE ACADEMIC AND FINANCIAL SUPPORT TO KIPP NYC ALUMNI NY 3455790 1415711 KIPP NEW YORK INC KIPP NYC PROPERTIES LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 844454026 PROVIDE REAL ESTATE DEVELOPMENT AND FINANCING SERVICES DE 974682 2908940 KIPP NEW YORK INC KIPP NEW YORK FACILITIES LLC 1501 BROADWAY SUITE 1000 NEW YORK NY 10036 452541726 LEASING AND IMPROVING REAL PROPERTY IN NEW YORK, NY FOR NY CHARTER SCHOOLS NY 0 0 KIPP NEW YORK INC GERALD 501 LLC 1209 ORANGE STREET WILMINGTON DE 19801 204459587 PROVIDE REAL ESTATE DEVELOPMENT AND FINANCING SERVICES DE 6233833 50631514 KIPP NEW YORK INC MACOMBS 1504 LLC 1209 ORANGE STREET WILMINGTON DE 19801 203258591 PROVIDE REAL ESTATE DEVELOPMENT AND FINANCING SERVICES DE 8329092 139028198 KIPP NEW YORK INC JEROME 2720 LLC 1209 ORANGE STREET WILMINGTON DE 19801 203258680 PROVIDE REAL ESTATE DEVELOPMENT AND FINANCING SERVICES DE 7861682 111844623 KIPP NEW YORK INC BRONX HS SITE LLC 1209 ORANGE STREET WILMINGTON DE 19801 204164381 PROVIDE REAL ESTATE DEVELOPMENT AND FINANCING SERVICES DE 19758 1156438 KIPP NEW YORK 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 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 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0