Civic Intelligence

Dewolf Kellogg Trust

990 • Fiscal year 2022 • EIN 23-7437974

Nov 01, 2021 to Oct 31, 2022 • Filed on Jun 14, 2023

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

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

99th percentile

118%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$225,251

Higher top officer pay than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

43rd percentile

-0.8%

Faster asset growth than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Assets

Down

$1,801,236

Down $13,864 (-0.8%) from 2021

Net Assets

Down

$1,776,618

Down $36,302 (-2.0%) from 2021

Liabilities

Up

$24,618

Up $22,438 (+1029%) from 2021

Revenue

Up

-$30,692

Up $162,574 (+84%) from 2021

Expenses

Up

$5,610

Up $684 (+14%) from 2021

Net Income

Up

-$36,302

Up $161,890 (+82%) from 2021

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

2022

Assets$1,801,236
Liabilities$24,618
Net Assets$1,776,618

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

2022

Revenue-$30,692
Expenses$5,610
Net Income-$36,302
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Jun 14, 2023
Return Version
2021v4.2
Gross Receipts
$52,490
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
Cash and Non-Interest-Bearing Accounts$656,920$643,056▼ $13,864
Savings and Temporary Cash Investments$0$0→ $0
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$1,815,100$1,801,236▼ $13,864
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$2,180$24,618▲ $22,438
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$2,180$24,618▲ $22,438
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,812,920$1,776,618▼ $36,302
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,812,920$1,776,618▼ $36,302
Total Liabilities and Net Assets / Fund Balance$1,815,100$1,801,236▼ $13,864

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$360,180-$0
Land$798,000-$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$1,812,920-▼ $36,302-$1,776,618
2020$2,011,112-▼ $198,192$0$1,812,920
2019$2,044,783-▼ $33,671$0$2,011,112
2018$2,032,720-▲ $12,063-$2,044,783
2017$1,266,606-▲ $766,114-$2,032,720
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Tina WoodsChair
Trigg DavisDirector
Bill CrampDirector in Perpetuity
Prudence KluckhohnDirector in Perpetuity
Janelle VanasseSecretary (June '22 - Oct '22)
Dr Hilton HallockSecretary (Nov '21 - May '22)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-30,692
Change in Net Assets
$-36,302
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,610
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 Other-$5,262-$5,262
Other Expenses-$271-$271
Office Expenses-$77-$77
Total Functional Expenses$0$5,610$0$5,610
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
Due To/from Related Entities$23,618
Security Deposit$1,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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, Section A, LINE 2:

Prudence kluckhohn & bill cramp are siblings.

FORM 990, PART VI, SECTION A, 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 CFO
Phone
9075648204
Address
4101 University Drive, Anchorage, AK 99508

Signing Officer

Name
Janelle Vanasse
Title
Secretary
Phone
9075648204
Signed
2023-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janelle Vanasse
Formed
1974
Legal Domicile
Ak
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Bdo USA Llp
Address
3601 C STREET STE 600, ANCHORAGE, AK 99503
Preparer
Rachael Mohns EA
Phone
9072788878
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:other professional fees total fees:5262

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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IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0-30692
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0-30692
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
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/BuildingsGrp/BookValueAmt0360180
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0360180
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01812920
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01776618
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-36302
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02011112
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01812920
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-198192
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02044783
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02011112
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-33671
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02032720
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02044783
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012063
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01266606
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02032720
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0766114
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0798000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0798000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123618
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/TotalLiabilityAmt024618
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0204186
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt012126
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08939
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Dr Hilton Hallock
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Secretary (Nov '21 - May '22)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0225251
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRUDENCE KLUCKHOHN & BILL CRAMP ARE SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A 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/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:5262
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, Section A, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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

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