KIPP BOSTON FUND INC

EIN: 464900958 501(c)(3) Education

LYNN, MA

Total Revenue
$1,289,602
Total Expenses
$1,174,053
Total Assets
$36,138,365
Net Assets
$5,564,773
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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
MA
Principal Officer
MICHAEL GIULIANO
Phone
7815981609
Tax Period
2024-07-01 to 2025-06-30

KIPP BOSTON FUND INC, founded in 2014, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 9% surplus.

Mission

SUPPORT KIPP ACADEMY BOSTON CHARTER SCHOOL AND KIPP MASSACHUSETTS, INC.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $747,156
Other Revenue $542,446
TOTAL REVENUE $1,289,602

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,113,553
Other Expenses $1,174,053
TOTAL EXPENSES $1,174,053

Year-over-Year Comparison

2024 2023 Change
Revenue $1,289,602 $1,287,368 +0.0%
Expenses $1,174,053 $1,188,359 0.0%
Net Income $115,549 $99,009 +0.2%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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 $1,289,602 $1,174,053 $36,138,365 $115,549
2024 $1,287,368 $1,188,359 $36,927,858 $99,009
2023 $1,209,162 $1,198,494 $37,629,733 $10,668
2022 $1,750,364 $1,473,039 $38,490,724 $277,325
2021 $1,916,828 $1,438,701 $40,807,905 $478,127
2020 $1,932,969 $1,419,498 $44,610,103 $513,471
2019 $730,005 $922,378 $23,719,198 $-192,373
2018 $760,619 $921,831 $24,927,761 $-161,212
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