KIPP MASSACHUSETTS INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
KIPP MASSACHUSETTS INC (EIN 46-4881350)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-14
IRS object ID
201921349349304122
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-14T12:01:19-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALEXANDER ARONSON FINNING & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464881350EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KIPP MASSACHUSETTS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKIPPBusinessNameControlTxt
Phone7815981609PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line190 HIGH ROCK STREETAddressLine1Txt
CityLYNNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN PIZZIMENTIPersonNm
Person TitleCFOPersonTitleTxt
Phone6175968627PhoneNum
Signature2019-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYEVGENIYA GORLOVSKY-SCHEPP CPAPreparerPersonNm
PTINP01485484PTIN
Phone5083669100PhoneNum
Preparation2019-05-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.238.141.162IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-10IPDt
IP Tm12:40:24IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF4247996A0DFD92197EA51AEF4558D040C319DAAAtSubmissionCreationDeviceId
At Submission Filing Device IdCB2B07AFD6767982BCB28B09646F6ACBACA35001AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN PIZZIMENTIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line190 HIGH ROCK STREETAddressLine1Txt
CityLYNNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01902ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,174,653GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSUPPORT KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOLS AND KIPP ACADEMY BOSTON CHARTER SCHOOL.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,400,295PYContributionsGrantsAmt
CY Contributions Grants$1,174,514CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$101PYInvestmentIncomeAmt
CY Investment Income$139CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,400,396PYTotalRevenueAmt
CY Total Revenue$1,174,653CYTotalRevenueAmt
PY Grants And Similar Paid$1,914,868PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,523,944CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,453PYOtherExpensesAmt
CY Other Expenses$8,398CYOtherExpensesAmt
PY Total Expenses$1,922,321PYTotalExpensesAmt
CY Total Expenses$4,532,342CYTotalExpensesAmt
PY Revenues Less Expenses$478,075PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$3,357,689CYRevenuesLessExpensesAmt
Total Assets BOY$3,801,246TotalAssetsBOYAmt
Total Assets EOY$1,717,502TotalAssetsEOYAmt
Total Liabilities BOY$934,179TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,083,124TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,867,067NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$365,622NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE THE FINANCIAL WELL-BEING OF KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOLS AND KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOLS (THE SCHOOLS) BY SOLICITING, RECEIVING AND ADMINISTERING FUNDS FOR CONSTRUCTION, OPERATION AND MAINTENANCE OF THE SCHOOLS, AND TO SUPPORT CONTINUTED EDUCATION OF ALUMNI OF THE SCHOOLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,523,944ExpenseAmt
Grant$4,523,944GrantAmt
DescTO PROMOTE THE FINANCIAL WELL-BEING OF KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOLS AND KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOLS (THE SCHOOLS) BY SOLICITING, RECEIVING AND ADMINISTERING FUNDS FOR CONSTRUCTION, OPERATION AND MAINTENANCE OF THE SCHOOLS, AND TO SUPPORT CONTINUTED EDUCATION OF ALUMNI OF THE SCHOOLS.Desc
Total Program Service Expenses$4,523,944TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STEPHEN PIZZIMENTIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175968627PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line190 HIGH ROCK STREETAddressLine1Txt
CityLYNNCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01902ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RON HUTTER
PRESIDENT1.002.00Yes (X)Yes (X)$0$0$0
NATASHA MEGIE-MADDREY
BOARD MEMBER, CLERK STARTING JUNE 1, 20181.002.00Yes (X)Yes (X)$0$0$0
DAVID PARMELE
VICE PRESIDENT, TREASURER1.002.00Yes (X)Yes (X)$0$0$0
LESLIE GOULD
CLERK, LEFT JUNE 1, 20181.002.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,174,514AllOtherContributionsAmt
Total Contributions$1,174,514TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$139TotalRevenueColumnAmt
Exclusion$139ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,174,653TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$139ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,523,944TotalAmt
Program Services$4,523,944ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$650TotalAmt
Management And General$650ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
BANK FEES$7,248$7,248
FILING FEES$500$500

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,532,342TotalAmt
Program Services$4,523,944ProgramServicesAmt
Management And General$8,398ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,920,291BOYAmt
EOY$1,114,763EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,528,593BOYAmt
EOY$246,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,123BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$349,239BOYAmt
EOY$356,739EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,801,246BOYAmt
EOY$1,717,502EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$250,000BOYAmt
EOY$125,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$684,179BOYAmt
EOY$1,958,124EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$934,179BOYAmt
EOY$2,083,124EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,541,194BOYAmt
EOY-$563,066EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,325,873BOYAmt
EOY$197,444EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,867,067BOYAmt
EOY-$365,622EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,801,246BOYAmt
EOY$1,717,502EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$3,357,689ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$125,000OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$767,938CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,948,128CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,274,780CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,400,295CurrentTaxYearMinus1YearAmt
Current Tax Year$1,174,514CurrentTaxYearAmt
Total$11,565,655TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$767,938CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,948,128CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,274,780CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,400,295CurrentTaxYearMinus1YearAmt
Current Tax Year$1,174,514CurrentTaxYearAmt
Total$11,565,655TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,694,640SubstantialContributorsTotAmt
Public Support Total170$7,871,015PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$100CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,745CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,011CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101CurrentTaxYearMinus1YearAmt
Current Tax Year$139CurrentTaxYearAmt
Total$3,096TotalAmt
FieldValueIRS element (for citing)
Total Support$11,568,751TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A PART II LINE 13FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION WAS FORMED ON 2/4/2014, SO THE ORGANIZATION PREVIOUSLY FILED A SHORT YEAR RETURN FOR THE PERIOD FROM FROM 2/4/2014 THROUGH 6/30/2014. THE 2013 COLUMN ON SCHEDULE A PART II REPRESENTS THE FINANCIAL INFORMATION FOR THIS PERIOD.ExplanationTxt

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DUE FROM KIPP BOSTON FUND$349,239
DUE FROM KIPP LYNN FUND$7,500
FieldValueIRS element (for citing)
Total Book Value Other Assets$356,739TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO KIPP LYNN SCHOOL$1,471,496
DUE TO KIPP BOSTON SCHOOL$486,628
FieldValueIRS element (for citing)
Total Liability$1,958,124TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOL
90 HIGH ROCK STREETLYNNMA01902341985317GOVERNMENTAL UNIT$573,196FUNDING GENERAL OPERATIONS OF THE CHARTER SCHOOL
KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL
90 HIGH ROCK STREETLYNNMA01902300673850GOVERNMENTAL UNIT$200,748FUNDING GENERAL OPERATIONS OF THE CHARTER SCHOOL
KIPP LYNN FUND INC
90 HIGH ROCK STREETLYNNMA019027431530913$3,750,000CAPITAL GRANT
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationA WRITTEN REQUEST IS RECEIVED FROM THE SCHOOLS OR FUNDS THAT EXPLAINS HOW THE REQUESTED FUNDS WILL BE USED. THE BOARD OF TRUSTEES APPROVES THE GRANTS MADE TO THE SCHOOLS OR FUNDS. THE BOARD OF TRUSTEES RECEIVES UPDATES OF HOW THE FUNDING IS BEING USED THROUGH EMAIL COMMUNICATION AND ON THE BOARD OF TRUSTEES' CONFERENCE CALLS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BALL 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 12CEACH 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 15THE ORGANIZATION DOES NOT CURRENTLY HAVE OR COMPENSATE ANY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19THESE ITEMS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN DEF INFLOWS OF RESOURCES - DEF REVENUE IN THE STMT OF FIN POS 125,000.
FORM 990, PART XII, LINE 2C:THE BOARD OF TRUSTEES ASSUMES OVERSIGHT FOR THE AUDIT. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
KIPP LYNN FUND INC
90 HIGH ROCK STREETLYNNMA01902743153091SUPPORT KIPP ACADEMY LYNN CHARTER SCHOOLS AND KIPP MASSACHUSETTS, INC.MA501(C)(3)LINE 7N/A0
KIPP BOSTON FUND INC
90 HIGH ROCK STREETLYNNMA01902464900958SUPPORT KIPP ACADEMY BOSTON CHARTER SCHOOLS & KIPP MASSACHUSETTS, INC.MA501(C)(3)LINE 7N/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
KIPP BOSTON FUND INC
D$349,239INTERCOMPANY DUE FROM
KIPP LYNN FUND INC
B$3,750,000INTERCOMPANY CAPITAL GRANT

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