Civic Intelligence

Dewolf Kellogg Trust

990 • Fiscal year 2019 • EIN 23-7437974

Nov 01, 2018 to Oct 31, 2019 • Filed on Sep 11, 2020

4101 University DriveAnchorage, AK 99508

(907) 564-8204

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.05x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

42nd percentile

0.6%

Faster asset growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,045,749

Up $11,954 (+0.6%) from 2018

Net Assets

Up

$2,044,783

Up $12,063 (+0.6%) from 2018

Liabilities

Down

$966

Down $109 (-10%) from 2018

Revenue

Down

$20,791

Down $779,594 (-97%) from 2018

Expenses

Down

$8,728

Down $25,543 (-75%) from 2018

Net Income

Down

$12,063

Down $754,051 (-98%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2016: $1,248,312Liabilities 2016: $750Net Assets 2016: $1,247,5622016Assets 2017: $1,267,106Liabilities 2017: $500Net Assets 2017: $1,266,6062017Assets 2018: $2,033,795Liabilities 2018: $1,075Net Assets 2018: $2,032,7202018Assets 2019: $2,045,749Liabilities 2019: $966Net Assets 2019: $2,044,7832019Assets 2020: $2,025,131Liabilities 2020: $14,019Net Assets 2020: $2,011,1122020Assets 2021: $1,815,100Liabilities 2021: $2,180Net Assets 2021: $1,812,9202021Assets 2022: $1,801,236Liabilities 2022: $24,618Net Assets 2022: $1,776,6182022Assets 2023: $1,249,328Liabilities 2023: $49,215Net Assets 2023: $1,200,1132023Assets 2024: $1,286,652Liabilities 2024: $82,137Net Assets 2024: $1,204,5152024

Highlighted filing

2019

Assets$2,045,749
Liabilities$966
Net Assets$2,044,783

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2016: $17,132Expenses 2016: $2,486Net Income 2016: $14,6462016Revenue 2017: $19,044Expenses 2017: $0Net Income 2017: $19,0442017Revenue 2018: $800,385Expenses 2018: $34,271Net Income 2018: $766,1142018Revenue 2019: $20,791Expenses 2019: $8,728Net Income 2019: $12,0632019Revenue 2020: $27,772Expenses 2020: $61,443Net Income 2020: -$33,6712020Revenue 2021: -$193,266Expenses 2021: $4,926Net Income 2021: -$198,1922021Revenue 2022: -$30,692Expenses 2022: $5,610Net Income 2022: -$36,3022022Revenue 2023: -$71,504Expenses 2023: $505,001Net Income 2023: -$576,5052023Revenue 2024: $7,300Expenses 2024: $2,898Net Income 2024: $4,4022024

Highlighted filing

2019

Revenue$20,791
Expenses$8,728
Net Income$12,063
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Sep 11, 2020
Return Version
2018v3.3
Gross Receipts
$50,270
Mission and Program Overview

Mission

To maintain and manage land for continued support of alaska pacific university's programs

Solicit donations and manage assets for the benefit of alaska pacific university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,158,180$1,158,180→ $0
Savings and Temporary Cash Investments$13,240$840,119▲ $826,879
Cash and Non-Interest-Bearing Accounts$862,375$47,450▼ $814,925
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,033,795$2,045,749▲ $11,954
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$1,075$966▼ $109
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,075$966▼ $109
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,032,720$2,044,783▲ $12,063
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,032,720$2,044,783▲ $12,063
Total Liabilities and Net Assets / Fund Balance$2,033,795$2,045,749▲ $11,954

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,158,180--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,032,720-▲ $12,063-$2,044,783
2017$1,266,606-▲ $766,114-$2,032,720
2016$1,247,562-▲ $19,044$0$1,266,606
2015$1,232,916-▲ $17,132$2,486$1,247,562
2014$1,240,319-▼ $5,490$1,913$1,232,916
Compensation and Service Providers

Board Members and Trustees

NameTitle
LeeAnn GarrickChair
Harry McdonaldDirector
Trigg DavisDirector
Bill CrampDirector in Perpetuity
Prudence KluckhohnDirector in Perpetuity
Dr Bob OndersSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$6,880
Other Revenue
$13,911
Change in Net Assets
$12,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,728
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$8,300-$8,300
Office Expenses$367--$367
Advertising$34--$34
Other Expenses-$27-$27
Total Functional Expenses$401$8,327$0$8,728
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$850
Due To/from Related Entities$116
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, LINE 11B:

A draft of the 990 is reviewed by apu cfo and the board officer prior to signing. It is also available to board members upon request.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
DeWolf Kellogg Trust
EIN
23-7437974
In Care Of
% SHEILA KING
Phone
9075648204
Address
4101 University Drive, Anchorage, AK 99508

Signing Officer

Name
Valerie Davidson
Title
Apu President
Phone
9075648204
Signed
2020-09-11

Organization Details

Principal Officer
Valerie Davidson
Formed
1974
Legal Domicile
Ak
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Bdo USA Llp
Address
3601 C STREET STE 600, ANCHORAGE, AK 99503
Preparer
Nayyir Rawhani CPA
Phone
9072788878
Supplemental Narrative

Financial Statement Notes

FORM 990, SCHEDULE D, PART II, line 9:

Easement is reported as sales of other assets in statement of revenue, but had no impact in the balance sheet.

FORM 990, SCHEDULE D, PART V, LINE 4:

To maintain and manage land for continued support of alaska pacific university's programs.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RevenueAmt020791
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013240
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0840119
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0920023588
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ALASKA PACIFIC UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02032720
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02044783
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt012063
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01266606
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02032720
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0766114
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01247562
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01266606
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt019044
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01232916
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01247562
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt017132
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02486
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01240319
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01232916
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-5490
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01913
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt01158180
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01158180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO/FROM RELATED ENTITIES
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EASEMENT IS REPORTED AS SALES OF OTHER ASSETS IN STATEMENT OF REVENUE, BUT HAD NO IMPACT IN THE BALANCE SHEET.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TO MAINTAIN AND MANAGE LAND FOR CONTINUED SUPPORT OF ALASKA PACIFIC UNIVERSITY'S PROGRAMS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE D, PART II, line 9:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, SCHEDULE D, PART V, LINE 4:
IRS990ScheduleD/TotalAcreageCnt074.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01158180
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/TotalLiabilityAmt0966
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE 990 IS REVIEWED BY APU CFO AND THE BOARD OFFICER PRIOR TO SIGNING. IT IS ALSO AVAILABLE TO BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1APU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2APU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALASKA PACIFIC UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1APU FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CARDINAL NEWMAN PROFESSORSHIP FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0920023588
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1920150193
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2920152797
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0POST SEC. ED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT APU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2SUPPORT APU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 12A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04101 UNIVERSITY DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt14101 UNIVERSITY DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt24101 UNIVERSITY DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ANCHORAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ANCHORAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2ANCHORAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd099508
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd199508
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd299508
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false

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