Civic Intelligence

Hudson Farm Foundation Inc.

990 • Fiscal year 2017 • EIN 46-3099263

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 26, 2018

270 Stanhope Sparta RoadAndover, NJ 07821

(973) 398-4330

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.19x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.13x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

83rd percentile

25%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

17th percentile

-13%

Faster revenue growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$690,594

Up $138,318 (+25%) from 2016

Net Assets

Up

$556,394

Up $4,118 (+0.7%) from 2016

Liabilities

Up

$134,200

Up $134,200 from 2016

Revenue

Down

$1,010,694

Down $154,971 (-13%) from 2016

Expenses

Down

$883,576

Down $74,091 (-7.7%) from 2016

Net Income

Down

$127,118

Down $80,880 (-39%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $178,732Liabilities 2014: $0Net Assets 2014: $178,7322014Assets 2015: $344,278Liabilities 2015: $0Net Assets 2015: $344,2782015Assets 2016: $552,276Liabilities 2016: $0Net Assets 2016: $552,2762016Assets 2017: $690,594Liabilities 2017: $134,200Net Assets 2017: $556,3942017Assets 2018: $707,931Liabilities 2018: $9,450Net Assets 2018: $698,4812018Assets 2019: $680,602Liabilities 2019: $48,117Net Assets 2019: $632,4852019Assets 2020: $710,293Liabilities 2020: $470Net Assets 2020: $709,8232020Assets 2021: $827,533Liabilities 2021: $0Net Assets 2021: $827,5332021Assets 2022: $849,348Liabilities 2022: $223,881Net Assets 2022: $625,4672022Assets 2023: $650,365Liabilities 2023: $0Net Assets 2023: $650,3652023Assets 2024: $663,222Liabilities 2024: $0Net Assets 2024: $663,2222024

Highlighted filing

2017

Assets$690,594
Liabilities$134,200
Net Assets$556,394

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $412,668Expenses 2014: $240,430Net Income 2014: $172,2382014Revenue 2015: $1,239,682Expenses 2015: $1,014,282Net Income 2015: $225,4002015Revenue 2016: $1,165,665Expenses 2016: $957,667Net Income 2016: $207,9982016Revenue 2017: $1,010,694Expenses 2017: $883,576Net Income 2017: $127,1182017Revenue 2018: $766,721Expenses 2018: $648,525Net Income 2018: $118,1962018Revenue 2019: $725,423Expenses 2019: $785,419Net Income 2019: -$59,9962019Revenue 2020: $371,429Expenses 2020: $298,441Net Income 2020: $72,9882020Revenue 2021: $765,826Expenses 2021: $654,196Net Income 2021: $111,6302021Revenue 2022: $834,564Expenses 2022: $1,041,630Net Income 2022: -$207,0662022Revenue 2023: $1,052,529Expenses 2023: $1,027,670Net Income 2023: $24,8592023Revenue 2024: $1,020,676Expenses 2024: $1,007,819Net Income 2024: $12,8572024

Highlighted filing

2017

Revenue$1,010,694
Expenses$883,576
Net Income$127,118
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 26, 2018
Return Version
2017v2.3
Gross Receipts
$1,139,747
Mission and Program Overview

Mission

To enhance and promote community-wide activities in the areas of science,culture, arts, hospitals,education and civic endeavors.

To enhance and promote community-wide activities in the areas of science,culture and the arts,hospitals, education and civic endeavors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,335,579$3,328,699▲ $993,120
Investments in Publicly Traded Securities$493,967$666,951▲ $172,984
Cash and Non-Interest-Bearing Accounts$58,309$23,643▼ $34,666
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
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$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→ $0
Rtn Earn Endowment Incm Other Fnds$-1,906,303$-2,772,305▼ $866,002
Total Assets$552,276$690,594▲ $138,318
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$123,000$134,200▲ $11,200
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$123,000$134,200▲ $11,200
Net Assets / Fund Balance
Total Net Assets Fund Balance$429,276$556,394▲ $127,118
Total Liabilities and Net Assets / Fund Balance$552,276$690,594▲ $138,318
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles K KelloggPresident
Lee Kellogg SadrianDirector
Peter R KelloggDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$993,120
Program Service Revenue
$0
Investment Income
$17,574
Other Revenue
$0
All Other Contributions
$993,120
Change in Net Assets
$127,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$881,600
Other Expenses$1,976
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$881,600--$881,600
Interest-$1,812-$1,812
Other Expenses-$164-$164
Total Functional Expenses$881,600$1,976$0$883,576
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Schedule AttachedAndover, NJ-To Assist the Organizations$696,800
Birth HavenNewton, NJ-TO ASSIST THE ORGANIZATION WITH ITS 501c3 FUNCTION$37,100
Project Self-sufficiencyNewton, NJ-TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION$27,700
Scarc FoundationAugusta, NJ-TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION$26,400
Hopatcong Little LeagueHopatcong, NJ-To Assist the Organization With Its Civic Function$17,100
Delbarton SchoolMorristown, NJ-TO ASSIST THE ORGANIZATION WITH ITS EDUCATIONAL 501(c)3 FUNCTION$15,300
Wounded WarriorsApollo Beach, FL-TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION$15,300
Good Shepard Sustainable Learning FoundationMilford, PA-To Assist the Organization With Its 501(3) Function.$15,200
Durgee Tree InternationalRamsey, NJ-TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION$15,000
Newtown Medical Center FoundationNewtown, NJ-To Assist the Organization With Its Civic Function$10,000
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
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
Schwab Payables$134,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Hudson Farm Foundation Inc
EIN
46-3099263
In Care Of
% STEVE POLANISH
Phone
9733984330
Address
270 STANHOPE SPARTA ROAD, ANDOVER, NJ 07821

Signing Officer

Name
Charles K Kellogg
Title
President
Phone
2123895844
Signed
2018-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles K Kellogg
Formed
2014
Legal Domicile
Nj
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Iat Re Ltd
Address
48 WALL STREET, NEW YORK, NY 10005
Preparer
Michael Pickett
Phone
2123895835
Supplemental Narrative

Additional Explanations

Form 990 Part XI Line 9

Book to tax adjustment on appreciation of donated securities

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0954050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0390000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03343699
IRS990ScheduleA/TotalSupportAmt03343699
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0134200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SCHWAB PAYABLES
IRS990ScheduleD/TotalLiabilityAmt0134200
IRS990ScheduleI/RecipientTable/CashGrantAmt037100
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt215300
IRS990ScheduleI/RecipientTable/CashGrantAmt326400
IRS990ScheduleI/RecipientTable/CashGrantAmt417100
IRS990ScheduleI/RecipientTable/CashGrantAmt527700
IRS990ScheduleI/RecipientTable/CashGrantAmt615300
IRS990ScheduleI/RecipientTable/CashGrantAmt715000
IRS990ScheduleI/RecipientTable/CashGrantAmt815200
IRS990ScheduleI/RecipientTable/CashGrantAmt9696800
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST THE ORGANIZATION WITH ITS 501c3 FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO ASSIST THE ORGANIZATION WITH ITS CIVIC FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO ASSIST THE ORGANIZATION WITH ITS EDUCATIONAL 501(c)3 FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO ASSIST THE ORGANIZATION WITH ITS CIVIC FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO ASSIST THE ORGANIZATION WITH ITS 501(c)3 FUNCTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO ASSIST THE ORGANIZATION WITH ITS 501(3) FUNCTION.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TO ASSIST THE ORGANIZATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BIRTH HAVEN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NEWTOWN MEDICAL CENTER FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2DELBARTON SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SCARC FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4HOPATCONG LITTLE LEAGUE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5PROJECT SELF-SUFFICIENCY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6WOUNDED WARRIORS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7DURGEE TREE INTERNATIONAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8GOOD SHEPARD SUSTAINABLE LEARNING FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9SCHEDULE ATTACHED
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04 ACADEMY STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1175 HIGH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2230 MENDHAM ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt311 ROUTE 206 SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO BOX 145
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5MILL STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt66516 DOLPHIN COVE ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7100 WEST MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8PO BOX 447
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9270 STANHOPE SPARTA ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEWTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEWTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MORRISTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm3AUGUSTA
IRS990ScheduleI/RecipientTable/USAddress/CityNm4HOPATCONG
IRS990ScheduleI/RecipientTable/USAddress/CityNm5NEWTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm6APOLLO BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm7RAMSEY
IRS990ScheduleI/RecipientTable/USAddress/CityNm8MILFORD
IRS990ScheduleI/RecipientTable/USAddress/CityNm9ANDOVER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9NJ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd007860
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd107860
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd207960
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd307822
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd407843
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd507860
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd633572
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd707446
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd818337
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd907821
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOK TO TAX ADJUSTMENT ON APPRECIATION OF DONATED SECURITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART XI LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0552276
IRS990/TotalAssetsEOYAmt0690594
IRS990/TotalAssetsGrp/BOYAmt0552276
IRS990/TotalAssetsGrp/EOYAmt0690594
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0993120
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01976
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0881600
IRS990/TotalFunctionalExpensesGrp/TotalAmt0883576
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0123000
IRS990/TotalLiabilitiesEOYAmt0134200
IRS990/TotalLiabilitiesGrp/BOYAmt0123000
IRS990/TotalLiabilitiesGrp/EOYAmt0134200
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0429276
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0556394
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0881600
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt011516
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01010694
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0552276
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0690594
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01815 KLINES MILL ROAD

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