Civic Intelligence

Kipp Boston Fund Inc.

990 • Fiscal year 2015 • EIN 46-4900958

Jul 01, 2014 to Jun 30, 2015 • Filed on May 05, 2016

Organization ProfileN/A
90 High Rock StreetLynn, MA 01902

(781) 598-1609

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.80x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

3.15x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

100th percentile

1602%

Faster asset growth than 100% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

99th percentile

504%

Faster revenue growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$7,403,425

Up $6,968,425 (+1602%) from 2014

Net Assets

Up

$1,504,990

Up $1,069,990 (+246%) from 2014

Liabilities

Up

$5,898,435

Up $5,898,435 from 2014

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin93rd percentile

Revenue

Up

$1,871,558

Up $1,561,558 (+504%) from 2014

Expenses

Up

$801,568

Up $801,568 from 2014

Net Income

Up

$1,069,990

Up $759,990 (+245%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$60M$40M$20M$0Assets 2014: $435,000Liabilities 2014: $0Net Assets 2014: $435,0002014Assets 2015: $7,403,425Liabilities 2015: $5,898,435Net Assets 2015: $1,504,9902015Assets 2016: $22,099,013Liabilities 2016: $20,367,452Net Assets 2016: $1,731,5612016Assets 2017: $25,209,065Liabilities 2017: $23,935,286Net Assets 2017: $1,273,7792017Assets 2018: $24,927,761Liabilities 2018: $23,162,686Net Assets 2018: $1,765,0752018Assets 2019: $23,719,198Liabilities 2019: $22,877,523Net Assets 2019: $841,6752019Assets 2020: $44,610,103Liabilities 2020: $43,949,081Net Assets 2020: $661,0222020Assets 2021: $40,807,905Liabilities 2021: $39,693,449Net Assets 2021: $1,114,4562021Assets 2022: $38,490,724Liabilities 2022: $33,151,177Net Assets 2022: $5,339,5472022Assets 2023: $37,629,733Liabilities 2023: $32,279,518Net Assets 2023: $5,350,2152023Assets 2024: $36,927,858Liabilities 2024: $31,478,634Net Assets 2024: $5,449,2242024

Highlighted filing

2015

Assets$7,403,425
Liabilities$5,898,435
Net Assets$1,504,990
Open 2015 Filing

Operations Trend

Revenue Growth99th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2014: $310,000Expenses 2014: $0Net Income 2014: $310,0002014Revenue 2015: $1,871,558Expenses 2015: $801,568Net Income 2015: $1,069,9902015Revenue 2016: $230,032Expenses 2016: $3,461Net Income 2016: $226,5712016Revenue 2017: $669,118Expenses 2017: $504,576Net Income 2017: $164,5422017Revenue 2018: $760,619Expenses 2018: $921,831Net Income 2018: -$161,2122018Revenue 2019: $730,005Expenses 2019: $922,378Net Income 2019: -$192,3732019Revenue 2020: $1,932,969Expenses 2020: $1,419,498Net Income 2020: $513,4712020Revenue 2021: $1,916,828Expenses 2021: $1,438,701Net Income 2021: $478,1272021Revenue 2022: $1,750,364Expenses 2022: $1,473,039Net Income 2022: $277,3252022Revenue 2023: $1,209,162Expenses 2023: $1,198,494Net Income 2023: $10,6682023Revenue 2024: $1,287,368Expenses 2024: $1,188,359Net Income 2024: $99,0092024

Highlighted filing

2015

Revenue$1,871,558
Expenses$801,568
Net Income$1,069,990
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 5, 2016
Return Version
2014v6.0
Gross Receipts
$1,871,558
Mission and Program Overview

Mission

To promote the financial well-being of kipp academy boston public charter school and kipp massachusetts, inc. By soliciting, receiving and administering funds for construction, operation and maintenance of the school, and to support the continued education of alumni of the school.

Support kipp academy boston charter school and kipp massachusetts, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$5,892,886▲ $5,892,886
Savings and Temporary Cash Investments-$800,460-
Cash and Non-Interest-Bearing Accounts-$393,145-
Total Assets$435,000$7,403,425▲ $6,968,425
Other Assets Total$435,000$316,934▼ $118,066
Liabilities
Mortgage Notes Payable Secured by Investment Property-$2,454,409-
Other Liabilities$0$2,130,211▲ $2,130,211
Accounts Payable and Accrued Expenses-$1,313,815-
Total Liabilities$0$5,898,435▲ $5,898,435
Net Assets / Fund Balance
Unrestricted Net Assets$435,000$1,504,990▲ $1,069,990
Total Net Assets Fund Balance$435,000$1,504,990▲ $1,069,990
Total Liabilities and Net Assets / Fund Balance$435,000$7,403,425▲ $6,968,425

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,782,037-$3,782,037
Land$2,110,849-$2,110,849
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Joel AbramsonPresident
Dave Mckenna Left at End of Fy 2015Board Member
Sam PandolfoBoard Member
Skip Besthoff Left During Fy 15Board Member
Shenkiat LimClerk
Matt FatesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Arrowstreet INCArchitect10 POST OFFICE SQUARE SUITE 700N, Boston, MA 02109$489,095
JacobsTesting For BuildingLOCKBOX 18713F, St Louis, MO 63150$103,450
Revenue and Support

Revenue Composition

Contributions and Grants
$1,849,712
Program Service Revenue
$21,039
Investment Income
$807
Other Revenue
$0
All Other Contributions
$260,000
Change in Net Assets
$1,069,990
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$506,568
Grants and Similar Amounts Paid$295,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$295,000--$295,000
Fees for Services Other$267,862--$267,862
Fees for Services Legal$236,812--$236,812
Other Expenses-$1,769-$1,769
Fees for Services Accounting-$125-$125
Total Functional Expenses$799,674$1,894$0$801,568
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kipp Academy Boston Public Charter SchoolLynn, MAGovernment UnitFunding General Operations of the Charter School$295,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable and Accrued Interest$1,506,895
Due to Kipp Massachusetts, Inc$349,239
Due to Kipp Academy Boston Public Charter School$274,077

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMdfa Revenue Bonds Series 2015a2015-04-24$18,500,000TO FUND CAPITAL PROJECTS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,500,000--$50,000

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Kipp massachusetts, inc. (see schedule r) is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“The sole member of the organization elects the organization's trustees. The organization and its member share a common board.”

Form 990, Part VI, Section B, Line 11

“All members of the board of trustees receive a copy of the 990 and review it before it is submitted.”

Form 990, Part VI, Section B, Line 12C

“Each trustee provides the board with annual written disclosure of any conflicts of interest. These disclosures are reviewed and monitored by the board president.”

Form 990, Part VI, Section B, Line 15

“The organization does not currently have or compensate any employees.”

Form 990, Part VI, Section C, Line 19

“These items are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kipp Boston Fund Inc
EIN
46-4900958
Phone
7815981609
Address
90 HIGH ROCK STREET, LYNN, MA 01902

Signing Officer

Name
Skipp Besthoff
Title
Trustee
Phone
7815988013
Signed
2016-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Skipp Besthoff
Formed
2014
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
21 EAST MAIN STREET, WESTBORO, MA 01581
Preparer
John Buckley CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Financing fees : program service expenses 267,862. Management and general expenses 0. Fundraising expenses 0. Total expenses 267,862.”

FORM 990, PART XII, LINE 2C:

“The board of trustees assumes oversight for the audit. The process has not changed in fiscal year 2015.”

Part IX Line 11G

“All of these expenses relate to financing fees.”

Raw XML AppendixShowing 400 of 483 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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IRS990ScheduleA/SubstantialContributorsTotAmt0356790
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01849712
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0310000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02159712
IRS990ScheduleA/TotalSupportAmt02160519
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03782037
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03782037
IRS990ScheduleD/LandGrp/BookValueAmt02110849
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02110849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0274077
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1349239
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21506895
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO KIPP MASSACHUSETTS, INC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NOTE PAYABLE AND ACCRUED INTEREST
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05892886
IRS990ScheduleD/TotalLiabilityAmt02130211
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0295000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVERNMENT UNIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDING GENERAL OPERATIONS OF THE CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0300673850
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt090 HIGH ROCK STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LYNN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001902
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-04-24
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0743253091
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt018500000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MDFA REVENUE BONDS SERIES 2015A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO FUND CAPITAL PROJECTS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0800000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt050000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt018500000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt017650000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIPP MASSACHUSETTS, INC. (SEE SCHEDULE R) IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SOLE MEMBER OF THE ORGANIZATION ELECTS THE ORGANIZATION'S TRUSTEES. THE ORGANIZATION AND ITS MEMBER SHARE A COMMON BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE BOARD OF TRUSTEES RECEIVE A COPY OF THE 990 AND REVIEW IT BEFORE IT IS SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH TRUSTEE PROVIDES THE BOARD WITH ANNUAL WRITTEN DISCLOSURE OF ANY CONFLICTS OF INTEREST. THESE DISCLOSURES ARE REVIEWED AND MONITORED BY THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT CURRENTLY HAVE OR COMPENSATE ANY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THESE ITEMS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCING FEES : PROGRAM SERVICE EXPENSES 267,862. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 267,862.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF TRUSTEES ASSUMES OVERSIGHT FOR THE AUDIT. THE PROCESS HAS NOT CHANGED IN FISCAL YEAR 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ALL OF THESE EXPENSES RELATE TO FINANCING FEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART IX LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KIPP MASSACHUSETTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1KIPP LYNN FUND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0464881350
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1743153091
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT KIPP ACADEMY LYNN AND BOSTON CHARTER SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT KIPP ACADEMY LYNN CHARTER SCHOOLS AND KIPP MASSACHUSETTS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt090 HIGH ROCK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt190 HIGH ROCK STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LYNN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1LYNN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd001902
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd101902
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0285000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1349239
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt21506895
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3325278
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt41264434
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0INTERCOMPANY DUE FROM
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1INTERCOMPANY DUE TO
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2INTERCOMPANY NOTE PAYABLE AND ACC
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3INTERCOMPANY CAPITAL GRANTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt4INTERCOMPANY CAPITAL GRANTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KIPP LYNN FUND INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1KIPP MASSACHUSETTS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2KIPP LYNN FUND INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3KIPP LYNN FUND INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt4KIPP MASSACHUSETTS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt4C

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,403,425
Liabilities
$5,898,435
Net assets
$1,504,990
Revenue
$1,871,558
Expenses
$801,568
Net income
$1,069,990
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.9$31.5$5.45$1.29$1.19$0.10
2023Detailed filing. Detailed filing data is available for this year.$37.6$32.3$5.35$1.21$1.20$0.01
2022Detailed filing. Detailed filing data is available for this year.$38.5$33.2$5.34$1.75$1.47$0.28
2021Detailed filing. Detailed filing data is available for this year.$40.8$39.7$1.11$1.92$1.44$0.48
2020Detailed filing. Detailed filing data is available for this year.$44.6$43.9$0.66$1.93$1.42$0.51
2019Detailed filing. Detailed filing data is available for this year.$23.7$22.9$0.84$0.73$0.92$0.19
2018Detailed filing. Detailed filing data is available for this year.$24.9$23.2$1.77$0.76$0.92$0.16
2017Detailed filing. Detailed filing data is available for this year.$25.2$23.9$1.27$0.67$0.50$0.16
2016Detailed filing. Detailed filing data is available for this year.$22.1$20.4$1.73$0.23$0.00$0.23
2015Detailed filing. Detailed filing data is available for this year.$7.40$5.90$1.50$1.87$0.80$1.07
2014Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.31$0.00$0.31