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Nonprofit · EIN 46-4900958

KIPP BOSTON FUND INC

Tax-exempt · LYNN, MA 01902

Financials

$1.2M$1.2M2022$1.3M$1.2M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of KIPP BOSTON FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,289,602$1,174,053$115,549$36,138,365$30,573,592$5,564,773
June 30, 2024990$1,287,368$1,188,359$99,009$36,927,858$31,478,634$5,449,224
June 30, 2023990$1,209,162$1,198,494$10,668$37,629,733$32,279,518$5,350,215
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$747,156
Net rental income
$542,446
Other revenue
$542,446

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$500
Depreciation
$498,558
Program services (functional)
$1,113,553
Management and general (functional)
$60,500

Balance sheet and other

Total assets, start of year
$36,927,858
Total assets, end of year
$36,138,365
Total liabilities, end of year
$30,573,592
Net assets, end of year
$5,564,773
Land, buildings and equipment
$17,566,142
Net assets without donor restrictions
$5,564,773
Gross receipts
$1,289,602
Employees
0
Volunteers
3
Year formed
2014
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RON HUTTERPRESIDENT
Trustee or director, Officer
1$0
DAVID PARMELEVICE PRESIDENT & TREASURER
Trustee or director, Officer
1$0
BRENDA QUINTANILLAMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
RON HUTTERPRESIDENT
Trustee or director, Officer
1$0
DAVID PARMELEVICE PRESIDENT & TREASURER
Trustee or director, Officer
1$0
BRENDA QUINTANILLAMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
RON HUTTERPRESIDENT
Trustee or director, Officer
1$0
DAVID PARMELEVICE PRESIDENT & TREASURER
Trustee or director, Officer
1$0
BRENDA QUINTANILLAMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
90 HIGH ROCK ST, LYNN, MA 01902-3851
Principal officer (990 for 2024)
MICHAEL GIULIANO, 90 HIGH ROCK STREET, LYNN, MA 01902
Signed the 990
MICHAEL GIULIANO, CFO
Phone
(781) 598-1609
Return prepared by
AAFCPAS INC

Mission

TO PROMOTE THE FINANCIAL WELL-BEING OF KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL AND KIPP MASSACHUSETTS, INC. BY SOLICITING, RECEIVING AND ADMINISTERING FUNDS FOR CONSTRUCTION, OPERATION AND MAINTENANCE OF THE SCHOOL, AND TO SUPPORT THE CONTINUED EDUCATION OF ALUMNI OF THE SCHOOL.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROMOTE THE FINANCIAL WELL-BEING OF KIPP ACADEMY BOSTON PUBLIC CHARTER SCHOOL AND KIPP MASSACHUSETTS, INC. BY SOLICITING, RECEIVING AND ADMINISTERING FUNDS FOR CONSTRUCTION, OPERATION AND MAINTENANCE OF THE SCHOOL, AND TO SUPPORT THE CONTINUED EDUCATION OF ALUMNI OF THE SCHOOL.
    Expenses $1,113,553 · revenue $542,446

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-4900958
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$36,138,365
Income (IRS master file)
$1,289,602

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,289,602$1,174,053$36,138,365XML
990June 2024$1,287,368$1,188,359$36,927,858XML
990June 2023$1,209,162$1,198,494$37,629,733XML
990June 2022$1,750,364$1,473,039$38,490,724IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4900958).

Questions about KIPP BOSTON FUND INC

What is the EIN of KIPP BOSTON FUND INC?
The employer identification number (EIN) of KIPP BOSTON FUND INC is 46-4900958.
Is KIPP BOSTON FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to KIPP BOSTON FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does KIPP BOSTON FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KIPP BOSTON FUND INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KIPP BOSTON FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KIPP BOSTON FUND INC?
The 990 for the year ended June 30, 2025 names MICHAEL GIULIANO.
Who are the officers and directors of KIPP BOSTON FUND INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does KIPP BOSTON FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,289,602, expenses of $1,174,053 and total assets of $36,138,365 at year end.

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