Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RENTAL REVENUE

  total $1,066,807 · related or exempt $1,066,807

Functional expenses

Part IX, the statement of functional expenses.

• 11b · Fees: legal

  total $232 · management and general $232

• 11c · Fees: accounting

  total $42,655 · management and general $42,655

• 11g · Fees: other

  total $12,361 · management and general $12,361

• 16 · Occupancy

  total $1,042,185 · program services $1,042,185

• 20 · Interest

  total $272,229 · program services $272,229

• 22 · Depreciation, depletion and amortization

  total $1,368,753 · program services $1,368,753

• 24a · Other expenses: WRITE-OFF OF DEBT ISSUA

  total $810,641 · program services $810,641

• 24b · Other expenses: MISCELLANEOUS

  total $782 · management and general $782

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $170,161 · end of year $180,863

• 4 · Accounts receivable

  beginning of year $140,765 · end of year $77,562

• 9 · Prepaid expenses and deferred charges

  end of year $115,298

• 10a · Land, buildings and equipment: cost or other basis

  $41,179,663

• 10b · Land, buildings and equipment: accumulated depreciation

  $13,003,150

• 10c · Land, buildings and equipment, net

  beginning of year $29,428,184 · end of year $28,176,513

• 15 · Other assets

  beginning of year $1,001,524 · end of year $25,616,847

• 17 · Accounts payable and accrued expenses

  beginning of year $1,121,863 · end of year $25,916

• 24 · Unsecured notes and loans payable

  beginning of year $15,820,000

• 25 · Other liabilities

  beginning of year $65,095 · end of year $26,412,014

• 27 · Net assets without donor restrictions

  beginning of year $13,733,676 · end of year $27,729,153

The filer's explanations (Part III)

PART I, LINE 3

NO COMPENSATION IS PAID BY KIPP NYC FACILITY HOLDINGS, INC. KIPP NEW YORK, INC., A RELATED 501(C)(3) PUBLIC CHARITY, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• KIPP NYC FACILITIES II LLC

  DEVELOP, MANAGE, AND LEASE PUBLIC SCHOOL FACILITIES · DE · income $0 · assets $48,908,939

  Directly controlled by KIPP NYC FACILITY HOLDINGS INC

• KIPP NYC ST NICHOLAS AVENUE LLC

  LEASE REAL PROPERTY FOR OPERATIONS OF CHARTER SCHOOLS · DE · income $1,066,807 · assets $5,107,211

  Directly controlled by KIPP NYC FACILITY HOLDINGS INC

• KIPP NYC RITA LLC

  LEASE REAL PROPERTY FOR OPERATIONS OF CHARTER SCHOOLS · DE · income $0 · assets $150,933

  Directly controlled by KIPP NYC FACILITY HOLDINGS INC