KIPP Academy Massachusetts
Minutes
KIPP MA Finance and Facilities Committee Meeting
Committee Members Present
M. Fates (remote), P. Ketterer (remote), R. Barnes (remote), T. Beecher (remote)
Committee Members Absent
None
Guests Present
C. Zorokong (remote), J. Fetbroth, S. Pizzimenti (remote), Z. Trotsky (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
P. Ketterer called a meeting of the Finance and Facilities Committee of KIPP Academy Massachusetts to order on Friday Dec 6, 2024 at 3:00 PM.
C.
Approve Minutes
II. Finance and Facilities
A.
Review FY24 year end financials
B.
Review FY25 Q1 financials
III. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 4:00 PM.
Respectfully Submitted,
P. Ketterer
Documents used during the meeting
None
Pizzimenti presented on FY24 financial results. Overall the organization met financial goals and financial covenants with its lender, Citizens Bank. The audit was clean and on time.