Overview
What is Kipp Boston Fund Inc?
Kipp Boston Fund Inc is a nonprofit organization situated in Lynn, Massachusetts, specifically at 90 High Rock Street. Its primary mission is to bolster the financial stability of Kipp Academy Boston Public Charter School and Kipp Massachusetts, Inc. This is achieved by gathering, managing, and utilizing funds for the construction, operation, and maintenance of the school. Additionally, the organization supports the ongoing education of the school's alumni. Its purpose is to contribute positively to the educational sector by promoting financial well-being and ensuring the continued growth of these institutions.
Is Kipp Boston Fund Inc legitimate?
Kipp Boston Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Boston Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Kipp Boston Fund Inc?
Kipp Boston Fund Inc's mission is centered around supporting Kipp Academy Boston Charter School and Kipp Massachusetts Inc. Their primary objective is to enhance the financial stability of these educational institutions. This is achieved by soliciting, receiving, and administering funds for the construction, operation, and maintenance of the school. Moreover, the fund also aims to support the continued education of the school's alumni.
Who is the CEO of Kipp Boston Fund Inc?
Stephen Pizzimenti is the President of Kipp Boston Fund Inc.
What is the revenue of Kipp Boston Fund Inc?
Kipp Boston Fund Inc's revenue in 2022 was $1,750,364.
Who are the executives of Kipp Boston Fund Inc and what are their salaries?
There 3 volunteers at Kipp Boston Fund Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kipp Boston Fund Inc?
Kipp Boston Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kipp Boston Fund Inc
Kipp Boston Fund Inc, a nonprofit organization, is dedicated to enhancing the financial stability of Kipp Academy Boston Charter School and Kipp Massachusetts, Inc. Their primary mission involves soliciting, receiving, and managing funds for the construction, operation, and maintenance of the school. Beyond this, the organization also supports the continuous education of alumni from the school. By undertaking these tasks, Kipp Boston Fund Inc contributes to the long-term success and growth of Kipp Academy Boston and Kipp Massachusetts, Inc. Their efforts aim to ensure that these educational institutions can provide high-quality education and support to their students, both during their time in school and beyond.
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Impact
October, 2024
Kipp Boston Fund Inc significantly enhances the educational landscape by supporting KIPP Academy Boston Charter School and KIPP Massachusetts, Inc. Its primary focus is to ensure the financial sustainability and operational excellence of KIPP Academy, which plays a crucial role in providing quality education to students in the Lynn, MA area.
By soliciting, receiving, and administering funds, Kipp Boston Fund Inc enables essential construction, maintenance, and operational needs of the school to be met. This financial backing directly contributes to creating a conducive learning environment for students, allowing them to thrive academically.
Additionally, the fund plays a vital role in supporting the continued education of alumni, ensuring that graduates have access to resources and opportunities that facilitate their success beyond the classroom. This commitment to alumni success further strengthens the community by fostering a cycle of achievement and empowerment, ultimately benefiting the broader educational ecosystem in Massachusetts.
This information is meant to be a general summary of Kipp Boston Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $735,597
- Gross Receipts: $1,750,364
Assets and Liabilities:
- Total Assets: $38,490,724
- Total Liabilities: $33,151,177
- Net Assets: $5,339,547
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Organization Details
Founding Year
2014
Phone
(781) 598-1609Principal Officer
Stephen Pizzimenti
Main Address
90 HIGH ROCK STREET, LYNN, MA, 01902
NTEE Category
Code: B12 - Education
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