2016-05-16T07:20:25-05:00 2015-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2014-07-01 464881350 KIPP MASSACHUSETTS INC KIPP 7815981609 90 HIGH ROCK STREET LYNN MA 01902 SKIPP BESTHOFF TRUSTEE 7815988013 2016-05-05 1 JOHN BUCKLEY CPA P00830631 5083669100 2016-05-03 2014 2016-08-17 19:52:53Z SKIPP BESTHOFF 90 HIGH ROCK STREET LYNN MA 01902 4949873 0 X N/A X 2014 MA SUPPORT KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOLS AND KIPP ACADEMY BOSTON CHARTER SCHOOL. 4 4 0 5 0 0 767938 4948128 0 0 0 1745 100 0 768038 4949873 507356 2019129 0 0 0 0 0 0 0 2 4045 507358 2023174 260680 2926699 1151369 5655667 890689 4418288 260680 1237379 X TO PROMOTE THE FINANCIAL WELL-BEING OF KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOLS AND KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL (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. 0 0 2019129 2019129 TO 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. 2019129 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X KEVIN TAYLOR 7815981609 90 HIGH ROCK STREET LYNN MA 01902 X JOEL ABRAMSON PRESIDENT 1.00 4.00 X X 0 0 0 SHENKIAT LIM CLERK 1.00 2.00 X X 0 0 0 DAVE MCKENNA LEFT AT END OF FY 2015 BOARD MEMBER 1.00 2.00 X 0 0 0 MATT FATES TREASURER 1.00 2.00 X X 0 0 0 SAM PANDOLFO BOARD MEMBER 1.00 2.00 X 0 0 0 SKIP BESTHOFF LEFT DURING FY 15 BOARD MEMBER 1.00 4.00 X 0 0 0 0 0 0 0 0 0 0 0 4948128 4948128 1745 1745 4949873 0 0 1745 2019129 2019129 BANK FEES 3795 3795 FILING FEES 250 250 2023174 2019129 4045 0 0 902487 2668831 248882 5933 2631664 0 349239 1151369 5655667 2350000 890689 2068288 890689 4418288 X 9680 514615 251000 722764 260680 1237379 1151369 5655667 X 2926699 -1950000 X X 0 1 X 1 0 X 767938 4948128 5716066 767938 4948128 5716066 2824168 2891898 100 1745 1845 5717911 X SCHEDULE A PART II LINE 13 THE 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM KIPP BOSTON FUND 349239 349239 DUE TO KIPP LYNN SCHOOL 555607 DUE TO KIPP BOSTON SCHOOL 1167154 DUE TO KIPP LYNN FUND 345527 2068288 1 KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOL 90 HIGH ROCK STREET LYNN MA 01902 341985317 GOVERNMENTAL UNIT 524157 FUNDING GENERAL OPERATIONS OF THE CHARTER SCHOOL KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL 90 HIGH ROCK STREET LYNN MA 01902 300673850 GOVERNMENTAL UNIT 230537 FUNDING GENERAL OPERATIONS OF THE CHARTER SCHOOL KIPP BOSTON FUND INC 90 HIGH ROCK STREET LYNN MA 02119 464900958 3 1264434 CAPITAL GRANTS FOR CONSTRUCTION OF BUILDING FOR BOSTON CHARTER SCHOOL 3 PART I, LINE 2: A 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. 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. FORM 990, PART XI, LINE 9: DEFERRED INFLOWS OF RESOURCES - DEFERRED REVENUE IN THE STMT OF FIN POS -1,950,000. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES ASSUMES OVERSIGHT FOR THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. KIPP LYNN FUND INC 90 HIGH ROCK STREET LYNN MA 01902 743153091 SUPPORT KIPP ACADEMY LYNN CHARTER SCHOOLS AND KIPP MASSACHUSETTS, INC. MA 501(C)(3) LINE 7 N/A 0 KIPP BOSTON FUND INC 90 HIGH ROCK STREET LYNN MA 01902 464900958 SUPPORT KIPP ACADEMY BOSTON CHARTER SCHOOLS & KIPP MASSACHUSETTS, INC. MA 501(C)(3) LINE 7 N/A 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KIPP LYNN FUND INC E 345527 INTERCOMPANY DUE TO KIPP BOSTON FUND INC D 349239 INTERCOMPANY DUE FROM KIPP BOSTON FUND INC B 1264434 INTERCOMPANY CAPITAL GRANTS