kipp amp 2011-12 annual report

7/31/2019 KIPP AMP 2011-12 Annual Report

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TableofContentsSchoolInformationandCoverPage............................................................................................................. 1NewYorkStateReportCard ........................................................................................................................ 3CharterRevisions ......................................................................................................................................... 4RequiredForms:Appendices........................................................................................................................ 5AppendixA:ProgressTowardCharterGoals 5AppendixB:InstructionalTimetable 6AppendixC:TotalExpendituresandAdministrativeExpendituresperChild 7AppendixD:UnauditedFinancialStatements 8AppendixE:FY2013BudgetandNarrative 10AppendixF:DisclosureofFinancialInterestForm 12AppendixG:BoardofTrusteesMembershipTable 23AppendixH:EnrollmentandRetentionTargets 24

KIPP AMP 2011-2012 Annual Report 2


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NewYorkStateReportCard

KIPPAMPs201011NewYorkStateReportCardcanbeaccessedonlinehere:

https://reportcards.nysed.gov/schools.php?year=2011&instid=800000058839



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CharterRevisions

Duringthe201112year,KIPPAMPdidnotmakeanymaterial/nonmaterialrevisionstoitscharter.



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AppendixA:ProgressTowardCharterGoalsThissectionwillbesubmittedinaccordancetothetimelineandguidelinessetforthbytheBoardof

Regents.



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AppendixB:InstructionalTimetable

201112InstructionalTime

Totalnumber

of

instructional

days

for

the

2011

12

school

year

197

Firstandlastdayofthe201112schoolyearFirst:7/11/2011

Last:6/22/2012

Lengthofschoolday(pleasenoteifschedulevariesthroughout

theweek\ortheyear)

Grades58

7:25am4:00pmMonday

Thursday

7:25am2:30pm

Friday

9:00am1:00pm

SelectedSaturdays

7:25am4:00pmThreeWeek

SummerSchool

Grades911

7:55am4:30pm

Monday,Tuesday,Thursday

7:55am3:15pm

Wednesday

7:55am3:00pmFriday

9:00am

1:00pm

Ten

Saturday

SchoolDays



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AppendixC:TotalExpendituresandAdministrativeExpendituresPerChildFiscalYear2011 2012

UnauditedActuals

Elementary Middle High1

TOTAL

TotalEnrollment 0 298 98 395

TotalExpenditures 4,446,956 1,686,458 6,133,414AverageExpendituresPerPupil N/A 14,938 17,244 15,508

TotalAdministrativeExpenditures 1,186,626 479,056 1,665,682GeneralAdministrationSalaries 703,771 368,047 1,071,818GeneralAdministration Expenditures

2482,855 111,009 593,864

AverageAdministrativeExpendituresPerPupil N/A 3,986 4,898 4,212

2General Administration Expendituresrepresents the SharedServices Teamadministrationfee.

1Represents KIPPAMP'sportion ofKIPPNYCCollege PrepHigh School.Allocationi s ba s edon the numberofKIPPAMPstudents

relativetototal highschoolenrollment.



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ProfessionalServices

Consultants 40,783

KIPPLicensingFee 34,281

AccountingFees 2,775

LegalFees

AuditFees 20,524

CCProcessing

&

Bank

Fees

Payroll Fees 18,370

TotalProfessionalServices 116,733

BuildingServices

BuildingPermits&Rent 3,848

Utilities

Maintenance

DebtService

Insurance 48,856

TotalBuildingServices 52,704

School&

Program

Start

Up

BuildingContractors 37,788

Relocation&Moving 4,191

BuildingRehab

TotalSchool&ProgramStartUp 41,979

Support&Administration

SharedServicesFee 593,864

Depreciation 49,561

AMEXMissingReceipts 520

ExpenseEliminations(SST)

TotalSupport&Administration 643,945

TOTALOTPSEXPENDITURES 1,565,708

TOTALPS&OTPSEXPENDITURES 6,133,414

Surplus/(Deficit): 239,113

CostPerStudent:

CASHFLOWADJUSTMENTS

OperatingActivities

CapitalInvestmentActivities

FinancingActivities

TOTAL

CASH

FLOW

ADJUSTMENTS

NetSurplus/(Deficit): 239,113

FundraisingNeed:

1RepresentsKIPPAMP'sportionofKIPPNYCCollegePrepHighSchool.

AllocationisbasedonthenumberofKIPPAMPstudentsrelativetototalhighschoolenrollment.

2Fractional staffare due tothe sharingofFTEs across KIPPNYCschools an dprograms.



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AppendixE:FY2013BudgetBudgetSummary

FiscalYear2012 2013

Middle High1

TOTAL

TotalEnrollment 320 110 430

TotalFT&PTS2

33.06 15.71 48.76

REVENUES:

PerPupilRevenue Regular&SPED 4,992,052 1,625,776 6,617,828

TitleFunds 160,000 55,000 215,000

FederalGrants

State&CityGrants

ERate 89,635 28,381 118,016

OtherIncome 25,500 15,714 41,214

RevenueEliminations(SST)

TOTALREVENUES 5,267,187 1,724,871 6,992,058

PERSONNELSERVICE

EXPENDITURES

(PS):

Salaries&Wages 2,774,226 1,222,882 3,997,107

PotentialIncreaseinTeacherPay3

112,051 51,859 163,910

HealthInsurance 232,766 101,627 334,393

RetirementBenefits 523,218 187,450 710,669

PayrollTaxes 203,341 83,304 286,646

MiscellaneousBenefits 39,626 15,973 55,600

TOTALPSEXPENDITURES 3,885,229 1,663,095 5,548,324

OTHERTHANPERSONNELSERVICEEXPENDITURES(OTPS):

ClassroomInstruction

Equipment&Beautification 30,500 24,357 54,857

Instructional Supplies&Materials 42,500 20,821 63,321

StudentSupplies

&

Materials 46,753

35,750

82,503

AcademicProgramming 49,500 60,585 110,085

TotalClassroomInstruction 169,253 141,513 310,766

Instructional SupportServices

LocalFieldLessons 9,750 9,271 19,021

OutofStateFieldLessons 154,000 42,429 196,429

Performance &SpecialEvents 41,846 50,129 91,975

Staff&BoardDevelopment 52,517 34,905 87,422

Technology Equipment&Services 226,389 72,565 298,954

TotalInstructional SupportServices 484,502 209,299 693,801

AlumniSupport&Programming

TuitionAssistance

EducationalSupport

InternshipProgram

LifeSupport&Loans

AlumniProgramming

TotalAlumniSupport&Programming



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ProfessionalServices

Consultants 4,625 31,269 35,894

KIPPLicensingFee 30,000 4,714 34,714

AccountingFees

LegalFees

AuditFees 12,651 2,608 15,259

CCProcessing

&

Bank

Fees

PayrollFees 15,885 7,179 23,064

TotalProfessionalServices 63,160 45,770 108,930

BuildingServices

BuildingPermits&Rent 27,168 1,257 28,425

Utilities

Maintenance

DebtService

Insurance 33,032 13,380 46,412

TotalBuildingServices 60,200 14,637 74,837

School

&

Program

Start

UpBuildingContractors 50,000 13,357 63,357

Relocation &Moving

BuildingRehab

TotalSchool&ProgramStartUp 50,000 13,357 63,357

Support&Administration

SharedServicesFee 515,205 168,078 683,283

Depreciation 39,328 6,755 46,083

AMEXMissingReceipts

ExpenseEliminations(SST)

TotalSupport&Administration 554,533 174,832 729,365

TOTALOTPS

EXPENDITURES 1,381,648

599,409

1,981,057

TOTALPS&OTPSEXPENDITURES 5,266,877 2,262,505 7,529,381

Surplus/(Deficit): 310 (537,633) (537,323)

CostPerStudent: 16,459 20,568 17,510

CASHFLOWADJUSTMENTS

OperatingActivities 39,328 6,755 46,083

CapitalInvestmentActivities (1,634) (1,634)

FinancingActivities

CashFlowEliminations(MH)

TOTALCASH

FLOW

ADJUSTMENTS 39,328

5,120

44,448

NetSurplus/(Deficit): 39,638 (532,513) (492,875)

2Fractionalstaffa redue tothe sharingofFTEs across KIPPNYCschools a nd programs.

1Represents KIPPAMPAcademy'sportion ofKIPPNYCCollege PrepHighSchool.Allocationis b as edon the number

ofKIPPAMPAcademystudentsrelativetototal high school enrollment.

3Instructorsalaries are b as edon the UFT contractwithNew YorkCity,whichexpiredon October31,2009.The city

a nd the UFT a resti l l in negotiations for a ne wcontract,whichcouldincrease instructors al ar i esbyan estimated

5%.



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AppendixF:DisclosureofFinancialInterestForms



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AppendixG:BoardofTrusteesMembershipTableCurrentBoardMembers

TrusteeNameand

EmailAddress

Positionon

the

Board(e.g.,

Officersor

constituent

representatives)

Committee

affiliation(s)

Voting

Member

(Yes/No)

Areaof

expertise,

and/or

additionalrole

atschool

(parent,staff

memberetc.)

Numberofterms

servedand

length

ofeach(1year=1

term),including

dateofelection

andexpiration

(currentterm)

DavidB.Massey Chair Audit

Committee

Yes 7Years

6/20116/2012

RafaelMayer Chair,

Development

Committee;

Audit

Committee

Yes 6Years

6/20116/2012

KellyCoffey Treasurer Auditand

Development

Committees

Yes 5Years

6/20116/2012

JohnS.Zeiler Yes 4Years

6/20116/2012

FrankCorcoran Yes 2Years

6/20116/2012

TotalMembersjoiningtheboardthe20112012schoolyear 0

TotalMembersdepartingtheboardduringthe20112012schoolyear 0



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AppendixH:EnrollmentandRetentionTargetsKIPPAMPandthegreaterKIPPNYCnetworkofcharterschoolsiscommittedtoenrollingand

retainingstudentswithdisabilities,EnglishLanguageLearners,andstudentswhoareeligiblefor

thefreeorreducedpricelunchprogram. Ourrecruitingeffortsspecificallytargetstudentsin

highneedscommunitiesinNewYorkCity,andemployeffortsthatwehavefoundtobe

effectiveinenrollingstudentsinthesepopulations. Theserecruitingeffortshaveincluded

leveragingthenetworksoftheKIPPstudents,theirfamilies,andKIPPalumniaswellasthatof

teachersandstafftospreadthewordaboutKIPPAMPseducationalprogrammingandclass

openings. Additionally,wehavepartneredwithcommunityorganizationssuchaslocalplaces

ofworship,afterschoolprograms,daycarecenters,immigrationcenters,YMCAs,andboysand

girlsclubsforassistanceinrecruitingefforts. TospecificallytargetfamilieswithlimitedEnglish

proficiency,werecruitusingbilingualmaterialsandbilingualstaffmembers. Moreover,our

lotteryprocessgivesanabsolutepreferencetostudentseligibleforthefreeandreducedprice

lunchprogram.

KIPPAMPisfocusedonretainingallstudents. Weprovidehighqualityandhighlystructured

educationalprogrammingtailoredtotheneedsofstudents. Parentsandfamiliesarekept

informedoftheirchildsperformanceandprogressthroughperiodic,bilingualcommunications,

andhaveaccesstotheirchildsteacherscellphonenumber. Inadditionwesurveystudents,

families,andteacherstogaugethehealthofourschoolsandtoensurethatoureducational

programmingismeetingandexceedingtheneedsofourstudents. Furthermore,weleverage

bestpracticesfromKIPPschoolsacrossthecountrytoincreasestudentretention.

Weplantocontinuetoutilizethesesamerecruitingandstudentretentioneffortsinfuture

years.

kipp amp 2011-12 annual report

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