2025-05-14T12:57:09-05:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 462792701 KIPP TEAM AND FAMILY SCHOOLS INC KIPP 9736220905 60 PARK PLACE 802 NEWARK NJ 07102 ERICA GROHMAN CURRENT CFO 9736220905 2025-05-12 1 1 CAITLIN LIMOGES CPA P01633588 5083669100 2025-05-12 2023 2025-03-06 01:10:19Z ERICA GROHMAN 60 PARK PLACE 802 NEWARK NJ 07102 26893828 0 X WWW.KIPPNJ.ORG X 2013 NJ TO PROVIDE SUPPORTIVE SERVICES TO KIPP SCHOOLS IN NEWARK, NJ; CAMDEN, NJ; AND MIAMI FL, AND TO OPERATE FOR CHARITABLE PURPOSES WITHIN THE MEANING OF THE SECTION 501(C)(3) OF THE IRS REVENUE CODE OF 1986. 15 15 158 15 0 0 11830181 3628296 19445614 22686494 305527 442788 89656 136250 31670978 26893828 7193678 3476953 0 0 18702154 20236559 0 0 1405976 4977009 4597445 30872841 28310957 798137 -1417129 29810185 25673055 7492579 4772578 22317606 20900477 X KIPP TEAM AND FAMILY SCHOOLS INC. WAS ORGANIZED TO PROVIDE SUPPORTIVE SERVICES TO KIPP SCHOOLS IN NEWARK, NJ; CAMDEN, NJ; AND MIAMI FL. THESE SERVICES INCLUDE SUPPORTING THE CHARTER APPLICATION AND RENEWAL PROCESS, STAFFING AND HUMAN RESOURCES, FUNDRAISING, FINANCIAL AND BUSINESS MANAGEMENT, INFORMATION AND INSTRUCTIONAL TECHNOLOGY MANAGEMENT, GRANT MANAGEMENT AND COMPLIANCE OVERSIGHT AND OTHER SERVICES. THE PURPOSE OF KIPP TEAM AND FAMILY SCHOOLS INC. HAS EXPANDED ITS GEOGRAPHICAL AREA TO INCLUDE KIPP MIAMI. 0 0 25699769 3476953 22822744 THE GENERAL PURPOSE OF KIPP TEAM AND FAMILY SCHOOLS INC. IS TO PROVIDE SUPPORTIVE SERVICES TO KIPP SCHOOLS IN THE NEWARK, NJ; CAMDEN, NJ; AND MIAMI FL, WHICH MAY INCLUDE, BUT SHALL NOT BE LIMITED TO THE FOLLOWING: I. CREATION OF CENTRALIZED SCHOOL SUPPORT SERVICES, SUCH AS STUDENT DATA ANALYSIS, TEACHER RECRUITING AND PROFESSIONAL DEVELOPMENT PROGRAMMING, THAT COULD BE ESTABLISHED AND IMPLEMENTED MORE EFFECTIVELY ON A REGIONAL BASIS THAN AT INDIVIDUAL SCHOOLS;II. CONSOLIDATION OF FUNDRAISING ACTIVITIES FOR MULTIPLE KIPP SCHOOLS IN NEWARK, NJ; CAMDEN, NJ; AND MIAMI FL;III. COORDINATION OF AND OVERSIGHT OVER THE GROWTH AND EXPANSION OF KIPP SCHOOLS IN NEWARK, NJ; CAMDEN, NJ; AND MIAMI FL; IV. DEVELOPMENT OF STRATEGIES TO MAXIMIZE THE POSITIVE IMPACT OF KIPP SCHOOLS ON PUBLIC EDUCATION REFORM EFFORTS IN NEWARK, NJ; CAMDEN, NJ; AND MIAMI FL; ANDV. STRATEGIC LEADERSHIP AND FINANCIAL GUIDANCE FOR KIPP SCHOOLS AND RELATED ENTITIES IN THE NEW JERSEY KIPP NETWORK. 25699769 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 177 0 1 158 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NJ X ERICA GROHMAN 9736220905 60 PARK PLACE 802 NEWARK NJ 07102 MANI SADEGHI CHAIR/TRUSTEE 2.00 X X 0 0 0 SHANA HALL VICE CHAIR/TRUSTEE 2.00 X X 0 0 0 ALTORICE FRAZIER SECRETARY/TRUSTEE 2.00 X X 0 0 0 JOHN COZZI TRUSTEE 2.00 X 0 0 0 JOHN REID-DODICK TRUSTEE 2.00 X 0 0 0 MARIETTA COZZI TRUSTEE 2.00 X 0 0 0 LISA AMATO TRUSTEE 2.00 X 0 0 0 KEVIN KELLY TRUSTEE 2.00 X 0 0 0 KINYETTE HENDERSON TRUSTEE 2.00 X 0 0 0 JOE AMATO TRUSTEE 2.00 X 0 0 0 BRENDAN MAHER TRUSTEE 2.00 X 0 0 0 AMY ROSEN TRUSTEE 2.00 X 0 0 0 ANDREW IMMERMAN TRUSTEE 2.00 X 0 0 0 SYDNEY WILLIAMS TRUSTEE 2.00 X 0 0 0 MICHAEL RIERA TRUSTEE 2.00 X 0 0 0 RYAN HILL CEO/NON-VOTING TRUSTEE 50.00 X 364283 0 20862 STEVEN SMALL CHIEF FINANCIAL OFFICER 50.00 X 274455 0 47618 GABRIELLA DIFILIPPO CHIEF OPERATING OFFICER 50.00 X 269836 0 27063 ANDREW MARTIN EXECUTIVE DIRECTOR OF CAMDEN 50.00 X 327074 0 17404 SARBA AGUDA CHIEF ACADEMIC OFFICER 50.00 X 235941 0 45243 DANIELLE PRIOLA CHIEF PEOPLE OFFICER 50.00 X 239634 0 14311 CHARLES SCHMIDT EXECUTIVE DIRECTOR 50.00 X 235405 0 23638 ASHLEY MILUN MANAGING DIRECTOR 50.00 X 210110 0 43903 2156738 0 240042 76 0 1 0 KTC NYC LLC 712 5TH AVENUE 29TH FLOOR NEW YORK NY 10019 ALUMNI SUPPORT SERVICES 687500 CROSS COUNTRY CONSULTING LLC 1700 BROADWAY SUITE 2400 NEW YORK NY 10019 CONSULTING 105543 CLIFTON LARSON ALLEN LLP ONE GRAND CENTRAL PLACE 60 E 42ND NEW YORK NY 10165 CONSULTING 103005 3 3628296 3628296 MANAGEMENT FEES 611430 22613994 22613994 INTEREST INCOME ON NOTES RECEIVAB 900099 72500 72500 22686494 442788 442788 DUE FROM VENDOR ADJUSTMENT 900099 91040 91040 MISCELLANEOUS 900099 45210 45210 136250 26893828 22822744 0 442788 2778229 2778229 698724 698724 977364 874335 48528 54501 15463691 13833567 767827 862297 825634 738598 40996 46040 1849183 1654250 91819 103114 1120687 1002548 55646 62493 36495 36495 55090 55090 717173 643580 73593 1814160 1549797 86021 178342 360215 322243 17885 20087 556972 556972 12500 12500 98795 88381 4905 5509 STAFF DEVELOPMENT 632681 632681 MISCELLANEOUS 313364 313364 28310957 25699769 1205212 1405976 15776968 17156917 9098118 5160671 839426 449829 106516 106516 0 0 1750000 2345673 2905638 29810185 25673055 691281 504761 1250000 250000 5551298 4017817 7492579 4772578 X 13457187 12843635 8860419 8056842 22317606 20900477 29810185 25673055 -1417129 0 X X 0 1 X 1 0 X 14020831 15975451 6169579 11830181 3628296 51624338 14020831 15975451 6169579 11830181 3628296 51624338 25232262 26392076 305527 442788 748315 52372653 89062247 0.50390 0.47260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 106516 106516 0 0 DUE FROM KIPP COOPER NORCROSS ACADEMY 458484 DUE FROM KIPP MIAMI, INC. 178282 RIGHT-OF-USE ASSET - OPERATING LEASE 314425 DUE FROM THE FRIENDS OF TEAM CHARTER SCHOOLS, INC. 5248 DUE FROM TEAM ACADEMY CHARTER SCHOOL, INC. 1912704 DUE FROM NCA FACILITY, INC. 36495 2905638 DUE TO TEAM ACADEMY CHARTER SCHOOL, INC. 1933839 DUE TO KIPP COOPER NORCROSS ACADEMY 946787 ACCRUED INTEREST 83486 DUE TO KIPP MIAMI, INC. 168960 OPERATING LEASE OBLIGATION 314425 CONDITIONAL ADVANCES 570320 4017817 X 26893828 0 26893828 0 26893828 28310957 0 28310957 0 28310957 PART X, LINE 2: KIPP TEAM AND FAMILY SCHOOLS, INC. 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. KIPP TEAM AND FAMILY SCHOOLS, INC. HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2024. KTAF'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE JURISDICTIONS. 1 KIPP COOPER NORCROSS ACADEMY 525 CLINTON STREET CAMDEN NJ 08103 455040456 501C3 1113826 0 SUPPORT AND EXPANSION FOR KCNA PUBLIC SCHOOLS IN CAMDEN, NJ. TEAM ACADEMY CHARTER SCHOOLS INC 85 CUSTER AVENUE NEWARK NJ 07112 010660264 501C3 1150990 0 SUPPORT AND EXPANSION FOR TEAM PUBLIC SCHOOLS IN NEWARK, NJ. KIPP MIAMI INC 1951 NW 7TH AVENUE 600 MIAMI FL 33136 814473475 501C3 13413 0 SUPPORT AND EXPANSION FOR KIPP MIAMI PUBLIC SCHOOLS IN MIAMI, FL. THE FRIENDS OF TEAM CHARTER SCHOOLS INC 60 PARK PLACE SUITE 802 NEWARK NJ 07102 201018667 501C3 500000 0 SUPPORTING SERVICES FOR THE FRIENDS OF TEAM CHARTER SCHOOLS, INC. 4 SCHOLARSHIPS AND STIPENDS TO PURCHASE TEXT BOOKS AND ATTEND COLLEGE 220 698724 PART I, LINE 2: KIPP TEAM AND FAMILY SCHOOLS, INC.'S DEVELOPMENT AND FINANCE DEPARTMENTS WORK CLOSELY TO ASSESS AND MEET THE FUNDRAISING NEEDS FOR SCHOOLS OPERATED BY TEAM ACADEMY CHARTER SCHOOLS, INC. (TEAM), KIPP MIAMI, INC. AND KIPP COOPER NORCROSS ACADEMY (KCNA), WHICH INCLUDES PROVIDING SUPPORT TO THE FRIENDS OF TEAM CHARTER SCHOOLS, AS THEIR PRIMARY MISSION IS TO SUPPORT THE SERVICES OF TEAM. X 0 0 0 0 0 0 0 0 0 RYAN HILL CEO/NON-VOTING TRUSTEE 363783 0 500 0 0 0 20862 0 0 0 385145 0 0 0 ANDREW MARTIN EXECUTIVE DIRECTOR OF CAMDEN 326574 0 500 0 0 0 17404 0 0 0 344478 0 0 0 STEVEN SMALL CHIEF FINANCIAL OFFICER 273955 0 500 0 0 0 17113 0 30505 0 322073 0 0 0 GABRIELLA DIFILIPPO CHIEF OPERATING OFFICER 269336 0 500 0 0 0 16565 0 10498 0 296899 0 0 0 SARBA AGUDA CHIEF ACADEMIC OFFICER 235441 0 500 0 0 0 14738 0 30505 0 281184 0 0 0 CHARLES SCHMIDT EXECUTIVE DIRECTOR 234905 0 500 0 0 0 13140 0 10498 0 259043 0 0 0 ASHLEY MILUN MANAGING DIRECTOR 209610 0 500 0 0 0 13398 0 30505 0 254013 0 0 0 DANIELLE PRIOLA CHIEF PEOPLE OFFICER 239134 0 500 0 0 0 14311 0 0 0 253945 0 0 0 PART I, LINE 3 CEO AND OTHER OFFICER SALARIES ARE REVIEWED BY THE KIPP TEAM AND FAMILY SCHOOLS, INC. BOARD ANNUALLY. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS JOE AMATO AND LISA AMATO ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO ALL OF THE BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST ASSESSMENT ANNUALLY AND INFORM THE BOARD IF ANY CIRCUMSTANCES ARISE DURING THE FISCAL YEAR THAT RESULT IN A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 CEO AND OTHER OFFICER COMPENSATION IS REVIEWED BY THE KIPP TEAM AND FAMILY SCHOOLS, INC. BOARD ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.