KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL

EIN: 261970577 501(c)(3)

PHILADELPHIA, PA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
PA
Principal Officer
CHESHONNA MILES
Phone
2152948596
Tax Period
2020-07-01 to 2021-06-30

Mission

TOGETHER WITH FAMILIES AND COMMUNITIES, WE CREATE JOYFUL, ACADEMICALLY EXCELLENT SCHOOLS THAT PREPARE STUDENTS WITH THE SKILLS AND CONFIDENCE THEY NEED TO PURSUE THE PATHS THEY CHOOSE-COLLEGE, CAREER, AND BEYOND-SO THEY CAN LEAD FULFILLING LIVES AND BUILD A MORE JUST WORLD.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

AT A MEETING ON JUNE 6, 2018, A MERGER OF KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL INTO KIPP WEST PHILADELPHIA CHARTER SCHOOL (EIN 47-5257423), A RELATED 501(C)(3) EXEMPT ORGANIZATION, WAS...

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AT A MEETING ON JUNE 6, 2018, A MERGER OF KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL INTO KIPP WEST PHILADELPHIA CHARTER SCHOOL (EIN 47-5257423), A RELATED 501(C)(3) EXEMPT ORGANIZATION, WAS APPROVED BY THE BOARD.ON JULY 1, 2020, THE NET ASSETS OF KIPP WEST PHILADELPHIA PREPARATORY CHARTER SCHOOL WERE TRANSFERRED INTO KIPP WEST PHILADELPHIA CHARTER SCHOOL. DUE TO THE IMPACT OF THE COVID-19 PANDEMIC, FILING OF THE ARTICLES OF MERGER WAS DELAYED. THE ARTICLES WERE FILED WITH THE COMMONWEALTH OF PENNSYLVANIA IN OCTOBER 2021.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $5,609,934 -1.0%
Expenses N/A $4,590,478 -1.0%
Net Income N/A $1,019,456 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
9

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHESHONNA MILES SCHOOL LEADER 50.00
Officer
$0 $0 $0
SAMANTHA WILSON-JONES CHAIR 0.25
Officer Director
$0 $0 $0
ANN AERTS VICE CHAIR 0.25
Officer Director
$0 $0 $0
HERSHEL RICHMAN SECRETARY 0.25
Officer Director
$0 $0 $0
DAVID REUTER TREASURER 0.25
Officer Director
$0 $0 $0
TOYA ALGARIN MEMBER 0.25
Director
$0 $0 $0
MELANIE CARTER MEMBER 0.25
Director
$0 $0 $0
CHRIS JOHNSON MEMBER 0.25
Director
$0 $0 $0
AMANDA KEYS MEMBER 0.25
Director
$0 $0 $0
GAIL LEWIS MEMBER 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 No data No data No data No data
2020 $5,609,934 $4,590,478 $2,349,687 $1,019,456
2019 $5,358,497 $4,699,567 $2,185,458 $658,930
2018 $4,670,562 $4,047,183 $1,761,320 $623,379
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