Civic Intelligence

Kipp Lynn Fund Inc.

990 • Fiscal year 2017 • EIN 74-3153091

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

90 High Rock StreetLynn, MA 01902-1204

(781) 598-1609

Siviq Scores

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

Liabilities / Assets

87th percentile

0.85x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

27.24x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

37th percentile

0.3%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

88th percentile

23%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-57%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$28,673,781

Up $5,365,287 (+23%) from 2016

Net Assets

Down

$4,424,230

Down $272,237 (-5.8%) from 2016

Liabilities

Up

$24,249,551

Up $5,637,524 (+30%) from 2016

Revenue

Down

$890,204

Down $1,194,523 (-57%) from 2016

Expenses

Up

$887,416

Up $265,015 (+43%) from 2016

Net Income

Down

$2,788

Down $1,459,538 (-100%) from 2016

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $2,100,952Liabilities 2010: $59,475Net Assets 2010: $2,041,4772010Assets 2011: $22,364,794Liabilities 2011: $18,680,652Net Assets 2011: $3,684,1422011Assets 2012: $24,182,147Liabilities 2012: $18,379,515Net Assets 2012: $5,802,6322012Assets 2013: $24,781,208Liabilities 2013: $19,402,478Net Assets 2013: $5,378,7302013Assets 2014: $23,735,917Liabilities 2014: $18,237,323Net Assets 2014: $5,498,5942014Assets 2015: $24,505,402Liabilities 2015: $21,271,261Net Assets 2015: $3,234,1412015Assets 2016: $23,308,494Liabilities 2016: $18,612,027Net Assets 2016: $4,696,4672016Assets 2017: $28,673,781Liabilities 2017: $24,249,551Net Assets 2017: $4,424,2302017Assets 2018: $40,624,244Liabilities 2018: $27,037,238Net Assets 2018: $13,587,0062018Assets 2019: $50,533,574Liabilities 2019: $46,661,591Net Assets 2019: $3,871,9832019Assets 2020: $81,592,630Liabilities 2020: $80,396,165Net Assets 2020: $1,196,4652020Assets 2021: $79,635,466Liabilities 2021: $76,692,529Net Assets 2021: $2,942,9372021Assets 2022: $79,212,630Liabilities 2022: $76,186,025Net Assets 2022: $3,026,6052022Assets 2023: $77,229,294Liabilities 2023: $74,247,146Net Assets 2023: $2,982,1482023Assets 2024: $75,294,419Liabilities 2024: $72,339,546Net Assets 2024: $2,954,8732024

Highlighted filing

2017

Assets$28,673,781
Liabilities$24,249,551
Net Assets$4,424,230

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $287,1392010Expenses 2011: $376,2252011Revenue 2012: $3,544,134Expenses 2012: $1,425,644Net Income 2012: $2,118,4902012Revenue 2013: $3,280,974Expenses 2013: $3,704,876Net Income 2013: -$423,9022013Revenue 2014: $2,601,312Expenses 2014: $2,164,170Net Income 2014: $437,1422014Revenue 2015: $1,297,146Expenses 2015: $3,561,599Net Income 2015: -$2,264,4532015Revenue 2016: $2,084,727Expenses 2016: $622,401Net Income 2016: $1,462,3262016Revenue 2017: $890,204Expenses 2017: $887,416Net Income 2017: $2,7882017Revenue 2018: $4,783,281Expenses 2018: $1,568,345Net Income 2018: $3,214,9362018Revenue 2019: $1,270,866Expenses 2019: $784,493Net Income 2019: $486,3732019Revenue 2020: $2,758,361Expenses 2020: $2,805,698Net Income 2020: -$47,3372020Revenue 2021: $3,076,776Expenses 2021: $3,006,324Net Income 2021: $70,4522021Revenue 2022: $3,007,683Expenses 2022: $3,595,131Net Income 2022: -$587,4482022Revenue 2023: $2,801,718Expenses 2023: $2,846,175Net Income 2023: -$44,4572023Revenue 2024: $2,790,877Expenses 2024: $2,818,152Net Income 2024: -$27,2752024

Highlighted filing

2017

Revenue$890,204
Expenses$887,416
Net Income$2,788
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$890,204
Mission and Program Overview

Mission

To promote the financial well-being of kipp academy lynn 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 lynn public charter school and kipp massachusetts, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$20,743,342$20,743,342→ $0
Land, Buildings, and Equipment, Net$0$4,735,066▲ $4,735,066
Savings and Temporary Cash Investments-$2,218,273-
Cash and Non-Interest-Bearing Accounts$1,108,686$775,460▼ $333,226
Pledges and Grants Receivable$397,025$297,025▼ $100,000
Accounts Receivable$43,945$81,445▲ $37,500
Total Assets$23,308,494$28,673,781▲ $5,365,287
Other Assets Total$1,015,496$-176,830▼ $1,192,326
Liabilities
Tax Exempt Bond Liabilities$17,350,778$22,685,837▲ $5,335,059
Accounts Payable and Accrued Expenses$50,067$1,288,689▲ $1,238,622
Mortgage Notes Payable Secured by Investment Property$1,205,572$0▼ $1,205,572
Other Liabilities$5,610$275,025▲ $269,415
Total Liabilities$18,612,027$24,249,551▲ $5,637,524
Net Assets / Fund Balance
Unrestricted Net Assets$4,147,802$3,875,565▼ $272,237
Temporarily Rstr Net Assets$548,665$548,665→ $0
Total Net Assets Fund Balance$4,696,467$4,424,230▼ $272,237
Total Liabilities and Net Assets / Fund Balance$23,308,494$28,673,781▲ $5,365,287

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,735,066-$4,735,066
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt FatesPresident- Left in June 2017
Ron HutterTREASURER; PRESIDENT STARTING JUNE 2017
David ParmeleBoard Member
Natasha Megie-maddreyBoard Member
Leslie GouldClerk Starting June 30, 2017
Shenkiat LimClerk-left in May 2017
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$890,204
Other Revenue
$0
Change in Net Assets
$2,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$887,416
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$576,817--$576,817
Other Expenses$124,696$861-$861
Office Expenses-$191-$191
Total Functional Expenses$886,364$1,052$0$887,416
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
Interest Rate Swap Liability$275,025

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMdfa Revenue Bonds Series 2015a2015-04-24$17,720,000To refinance existing bonds and other
BMdfa Revenue Bonds Series 20162016-12-15$5,700,000TO FUND CAPITAL PROJECTS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$17,720,000$17,520,331-$199,669
B$5,700,000--$124,696

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 11B

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 Lynn Fund Inc
EIN
74-3153091
Phone
7815981609
Address
90 HIGH ROCK STREET, LYNN, MA 01902-1204

Signing Officer

Name
Kevin Taylor
Title
COO
Phone
7815981609
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Taylor
Formed
2004
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
6

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
John Buckley CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Losses on interest rate swap agreement -275,025.

Form 990, Part XII, Line 2C

The board of trustees assumes oversight for the audit. This process has not changed from the prior year.

Raw XML AppendixShowing 400 of 489 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/SubstantialContributorsTotAmt086913
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01191240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0435712
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01743613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02441123
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05811688
IRS990ScheduleA/TotalSupportAmt010154363
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04735066
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04735066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0275025
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST RATE SWAP LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04735066
IRS990ScheduleD/TotalLiabilityAmt0275025
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt0CITIZENS BANK
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct020.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-04-24
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12016-12-15
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0043431814
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1043431814
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt017720000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt15700000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MDFA REVENUE BONDS SERIES 2015A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1MDFA REVENUE BONDS SERIES 2016
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO REFINANCE EXISTING BONDS AND OTHER
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1TO FUND CAPITAL PROJECTS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt03357031
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt02218273
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0199669
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1124696
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt017520331
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02012
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt017720000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt15700000
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/ExplanationTxt6LOSSES ON INTEREST RATE SWAP AGREEMENT -275,025.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF TRUSTEES ASSUMES OVERSIGHT FOR THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
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 11B
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 XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
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 BOSTON FUND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0464881350
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1464900958
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT KIPP ACADEMY LYNN AND BOSTON PUBLIC CHARTER SCHOOLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL & 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/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01580995
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0INTERCOMPANY NOTE RECEIVABLE AND
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KIPP BOSTON FUND INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$75.3$72.3$2.95$2.79$2.82$0.03
2023Detailed filing. Detailed filing data is available for this year.$77.2$74.2$2.98$2.80$2.85$0.04
2022Detailed filing. Detailed filing data is available for this year.$79.2$76.2$3.03$3.01$3.60$0.59
2021Detailed filing. Detailed filing data is available for this year.$79.6$76.7$2.94$3.08$3.01$0.07
2020Detailed filing. Detailed filing data is available for this year.$81.6$80.4$1.20$2.76$2.81$0.05
2019Detailed filing. Detailed filing data is available for this year.$50.5$46.7$3.87$1.27$0.78$0.49
2018Detailed filing. Detailed filing data is available for this year.$40.6$27.0$13.6$4.78$1.57$3.21
2017Detailed filing. Detailed filing data is available for this year.$28.7$24.2$4.42$0.89$0.89$0.00
2016Detailed filing. Detailed filing data is available for this year.$23.3$18.6$4.70$2.08$0.62$1.46
2015Detailed filing. Detailed filing data is available for this year.$24.5$21.3$3.23$1.30$3.56$2.26
2014Summary only. Only limited summary data is available for this year.$23.7$18.2$5.50$2.60$2.16$0.44
2013Summary only. Only limited summary data is available for this year.$24.8$19.4$5.38$3.28$3.70$0.42
2012Summary only. Only limited summary data is available for this year.$24.2$18.4$5.80$3.54$1.43$2.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$18.7$3.68$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.06$2.04$0.29