Civic Intelligence

Kipp Amp Academy Charter School

990 • Fiscal year 2013 • EIN 20-2536991

Jul 01, 2012 to Jun 30, 2013 • Filed on May 13, 2014

1224 Park Place 4th Floor11213
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,657,266

Flat from 2013

Net Assets

Flat

$2,517,980

Flat from 2013

Liabilities

Flat

$139,286

Flat from 2013

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$6,677,281

Flat from 2013

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,450,499Liabilities 2010: $562,365Net Assets 2010: $888,1342010Assets 2011: $1,493,112Liabilities 2011: $299,407Net Assets 2011: $1,193,7052011Assets 2012: $2,143,864Liabilities 2012: $234,802Net Assets 2012: $1,909,0622012Assets 2013: $2,657,266Liabilities 2013: $139,286Net Assets 2013: $2,517,9802013Assets 2013: $2,657,266Liabilities 2013: $139,286Net Assets 2013: $2,517,9802013Assets 2014: $2,935,054Liabilities 2014: $362,106Net Assets 2014: $2,572,9482014Assets 2015: $4,409,842Liabilities 2015: $2,540,703Net Assets 2015: $1,869,1392015Assets 2016: $3,193,990Liabilities 2016: $771,380Net Assets 2016: $2,422,6102016

Highlighted filing

2013

Assets$2,657,266
Liabilities$139,286
Net Assets$2,517,980

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,105,6952010Expenses 2011: $5,748,9022011Expenses 2012: $5,853,2412012Expenses 2013: $6,677,2812013Revenue 2013: $7,286,199Expenses 2013: $6,677,281Net Income 2013: $608,9182013Revenue 2014: $9,225,943Expenses 2014: $9,170,975Net Income 2014: $54,9682014Revenue 2015: $14,095,241Expenses 2015: $14,799,050Net Income 2015: -$703,8092015Revenue 2016: $13,977,899Expenses 2016: $13,424,428Net Income 2016: $553,4712016

Highlighted filing

2013

Revenue-
Expenses$6,677,281
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 13, 2014
Return Version
2012v2.1
Gross Receipts
$7,286,199
Mission and Program Overview

Mission

Kipp amp charter school's mission is to teach students to develop the academic and character skills necessary for success in high school and college, to be self-sufficient in the competitive world beyond, and to build a better tomorrow for themselves and us all.

Filing and Contact Details

Filer

EIN
20-2536991
Raw XML AppendixShowing 400 of 658 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND APPLICABLE INCOME TAX REGULATIONS OF THE STATE OF NEW YORK. NO PROVISION FOR INCOME TAXES HAS BEEN ESTABLISHED, AS THE SCHOOL HAS NO UNRELATED BUSINESS ACTIVITY. THE SCHOOL FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE ADOPTION OF THIS STANDARD HAS NO IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL'S TAX RETURNS FOR THE YEARS 2010, 2011, AND 2012 ARE OPEN FOR FEDERAL AND STATE TAX EXAMINATIONS.
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0IN PUBLICIZING ITS LOTTERY EACH YEAR FOR NEW STUDENTS, 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."
IRS990ScheduleE/Form990ScheduleEPartII/Explanation1THE SCHOOL HAS RECEIVED FEDERAL FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION.
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IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/BoardOrCommitteeApproval0X

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