Overview
What is Kipp Lynn Fund Inc?
Kipp Lynn Fund Inc is a nonprofit organization established to bolster the financial stability of Kipp Academy Lynn Public Charter School and Kipp Massachusetts, Inc. Their primary mission involves soliciting, receiving, and managing funds for the construction, operation, and maintenance of the school. This support extends beyond the school's immediate needs, also encompassing the continued education of its alumni. By doing so, Kipp Lynn Fund Inc aims to contribute positively to the educational community in Lynn, Massachusetts.
Is Kipp Lynn Fund Inc legitimate?
Kipp Lynn Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kipp Lynn 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 Lynn Fund Inc?
The Kipp Lynn Fund Inc's mission is centered around supporting Kipp Academy Lynn Public Charter School and Kipp Massachusetts, Inc. This support is primarily financial, involving the solicitation, receipt, and administration of funds for the construction, operation, and maintenance of the school. Additionally, the fund aims to assist in the continued education of alumni from the school. In essence, the Kipp Lynn Fund Inc works towards ensuring the financial well-being of these educational institutions and their students.
What is the revenue of Kipp Lynn Fund Inc?
Kipp Lynn Fund Inc's revenue in 2024 was $2,790,877.
Who are the executives of Kipp Lynn Fund Inc and what are their salaries?
There 3 volunteers at Kipp Lynn 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 Lynn Fund Inc?
Kipp Lynn Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Kipp Lynn Fund Inc
Kipp Lynn Fund Inc, a nonprofit organization, is dedicated to supporting the financial well-being of Kipp Academy Lynn Public Charter School and Kipp Massachusetts, Inc. Their mission is twofold: firstly, they aim to collect, manage, and utilize funds for the construction, operation, and maintenance of the school. Secondly, they strive to facilitate the continued education of alumni from the school. By fulfilling these objectives, Kipp Lynn Fund Inc plays a crucial role in ensuring the long-term success and growth of these educational institutions.
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Impact
October, 2024
Kipp Lynn Fund Inc plays a crucial role in enhancing the educational landscape for students at Kipp Academy Lynn Public Charter School and KIPP Massachusetts, Inc. By soliciting and managing funds, the organization directly supports the construction, operation, and maintenance of the school, which in turn fosters a conducive learning environment for students. Additionally, the fund’s commitment to the continued education of alumni ensures that graduates have access to the resources and support they need to succeed in higher education and beyond. Through these efforts, Kipp Lynn Fund Inc contributes to a sustainable model of educational success and community empowerment in Lynn, Massachusetts.
This information is meant to be a general summary of Kipp Lynn 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 2024.
- Investment Income: $1,713,242
- Gross Receipts: $2,790,877
Assets and Liabilities:
- Total Assets: $79,212,630
- Total Liabilities: $76,186,025
- Net Assets: $3,026,605
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Organization Details
Founding Year
2004
Principal Officer
Stephen Pizzimenti
NTEE Category
Code: T11 - Philanthropy
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