KIPP MASSACHUSETTS INC (EIN 464881350) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

MICHAEL GIULIANO

Phone

7815981609

Tax Period

2024-07-01 to 2025-06-30

KIPP MASSACHUSETTS INC, founded in 2014, is a small nonprofit in the Education sector that reported $975K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Net assets of $2.3M represent 28 months of operating reserves.

Mission

SUPPORT KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOLS AND KIPP ACADEMY BOSTON CHARTER SCHOOL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $879,303

Program Service Revenue $0

Investment Income $93,566

Other Revenue $2,079

TOTAL REVENUE $974,948

Expense Breakdown

Grants Paid $975,474

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $975,474

Other Expenses $61,528

TOTAL EXPENSES $1,037,002

Year-over-Year Comparison

	2024	2023	Change
Revenue	$974,948	$2,008,717	-0.5%
Expenses	$1,037,002	$1,389,156	-0.3%
Net Income	$-62,054	$619,561	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON HUTTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID PARMELE	VICE PRESIDENT & TREASURER	1.00	Officer Director	$0	$0	$0
BRENDA QUINTANILLA	MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$974,948	$1,037,002	$3,185,769	$-62,054
2024	$2,008,717	$1,389,156	$3,095,635	$619,561
2023	$746,609	$1,632,355	$2,149,819	$-885,746
2022	$1,901,970	$1,240,439	$3,034,776	$661,531
2021	$1,940,450	$986,745	$2,157,937	$953,705
2020	$1,742,384	$535,296	$1,043,734	$1,207,088
2019	$1,545,338	$1,499,051	$612,293	$46,287
2018	$1,174,653	$4,532,342	$1,717,502	$-3,357,689

KIPP MASSACHUSETTS INC