Civic Intelligence

Kendal on Hudson Charitable Fund

990 • Fiscal year 2014 • EIN 46-3359139

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

1010 Kendal waysleepy hollow, NY 10591

(914) 922-1000

Siviq Scores

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

Liabilities / Assets

40th percentile

0.08x

Higher debt load relative to assets than 40% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

41st percentile

0.09x

Higher debt load relative to revenue than 41% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$233,337

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 26.4% of source-year revenue.

2014 filings • NTEE E • $1M-$5M nonprofits • Source year 2014

Asset Growth

100th percentile

1265%

Faster asset growth than 100% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

99th percentile

1059%

Faster revenue growth than 99% of similar nonprofits.

2014 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,040,672

Up $964,457 (+1265%) from 2013

Net Assets

$959,790

No earlier filing loaded for comparison.

Liabilities

Up

$80,882

Up $80,882 from 2013

Revenue

Up

$883,585

Up $807,370 (+1059%) from 2013

Expenses

Up

$10

Up $10 from 2013

Net Income

Up

$883,575

Up $807,360 (+1059%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $76,215Liabilities 2013: $02013Assets 2014: $1,040,672Liabilities 2014: $80,882Net Assets 2014: $959,7902014Assets 2015: $1,120,245Liabilities 2015: $0Net Assets 2015: $1,120,2452015Assets 2016: $1,258,027Liabilities 2016: $852,543Net Assets 2016: $405,4842016Assets 2017: $1,086,626Liabilities 2017: $0Net Assets 2017: $1,086,6262017Assets 2018: $1,156,844Liabilities 2018: $70,247Net Assets 2018: $1,086,5972018Assets 2019: $1,420,854Liabilities 2019: $191,124Net Assets 2019: $1,229,7302019Assets 2020: $1,437,807Liabilities 2020: $80,977Net Assets 2020: $1,356,8302020Assets 2021: $1,698,468Liabilities 2021: $92,168Net Assets 2021: $1,606,3002021Assets 2022: $1,536,146Liabilities 2022: $124,872Net Assets 2022: $1,411,2742022Assets 2023: $1,740,024Liabilities 2023: $143,098Net Assets 2023: $1,596,9262023Assets 2024: $1,892,939Liabilities 2024: $164,969Net Assets 2024: $1,727,9702024

Highlighted filing

2014

Assets$1,040,672
Liabilities$80,882
Net Assets$959,790

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $76,215Expenses 2013: $0Net Income 2013: $76,2152013Revenue 2014: $883,585Expenses 2014: $10Net Income 2014: $883,5752014Revenue 2015: $244,238Expenses 2015: $88,050Net Income 2015: $156,1882015Revenue 2016: $221,609Expenses 2016: $93,870Net Income 2016: $127,7392016Revenue 2017: $201,111Expenses 2017: $75,605Net Income 2017: $125,5062017Revenue 2018: $128,883Expenses 2018: $70,249Net Income 2018: $58,6342018Revenue 2019: $78,849Expenses 2019: $91,165Net Income 2019: -$12,3162019Revenue 2020: $108,941Expenses 2020: $80,996Net Income 2020: $27,9452020Revenue 2021: $183,065Expenses 2021: $96,094Net Income 2021: $86,9712021Revenue 2022: $168,987Expenses 2022: $121,871Net Income 2022: $47,1162022Revenue 2023: $180,108Expenses 2023: $140,131Net Income 2023: $39,9772023Revenue 2024: $211,697Expenses 2024: $163,369Net Income 2024: $48,3282024

Highlighted filing

2014

Revenue$883,585
Expenses$10
Net Income$883,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$883,585
Mission and Program Overview

Mission

To foster, promote and support programs and services for the benefit of senior citizens by fundraising and distribution of funds to other charitable organizations who seek to create, improve and execute innovative programs and services to enhance the financial, recreational, social and physical well-being of the elderly. enhance the financial, recreational, social and physical well-being of the elderly.

To foster, promote and support programs and services for the benefit of senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$76,215$909,573▲ $833,358
Pledges and Grants Receivable$0$131,099▲ $131,099
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$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
Land, Buildings, and Equipment, Net$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$76,215$1,040,672▲ $964,457
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$80,882▲ $80,882
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$0$80,882▲ $80,882
Net Assets / Fund Balance
Temporarily Rstr Net Assets$66,725$950,256▲ $883,531
Unrestricted Net Assets$9,490$9,534▲ $44
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$76,215$959,790▲ $883,575
Total Liabilities and Net Assets / Fund Balance$76,215$1,040,672▲ $964,457
Compensation and Service Providers

Board Members and Trustees

NameTitle
Leonard AndrewChair
Edward Hanindirector
Tracey Eve Johnstondirector
Mary Nicholsdirector (as of 4/2014)
Aubrey Hawesdirector (thru 4/2014)
Patricia DoyleExecutive Director
Jennifer AndersonCFO
Barry MorrisTreasurer (As of 4/2014)
Joan Oltmantreasurer (thru 4/2014)
Revenue and Support

Revenue Composition

Contributions and Grants
$883,585
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$883,585
Change in Net Assets
$883,575

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$25,115fair market value
Total Noncash Contributions2$25,115-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10
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
Office Expenses-$10-$10
Total Functional Expenses$0$10$0$10
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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 From Affiliates$80,882
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, LINE 7A

Per the organization's bylaws, the Kendal on Hudson Charitable Fund board of directors must seek and obtain the approval of its parent organization, Kendal on the Hudson, to select new members to the Board of Directors. FORM 990, PART VI, LINE 7B Per the organization's bylaws, the Kendal on Hudson Charitable Fund board of directors must seek and obtain the approval of its parent organization, Kendal on the Hudson, on the following governance matters: a. Dissolution, merger or consolidation with another entity division or acquiring control of another entity; and, b. Amendments to the Certificate of Incorporation or to certain provisions of the bylaws.

Form 990, Part VI, Line 11

The Form 990 was prepared by an independent accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 was circulated to the full board of trustees for discussion and comment. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service.

Form 990, Part VI, Line 12

Kendal on Hudson Charitable Fund follows the conflict of interest policy of its parent, Kendal on Hudson. Each officer, director, trustee and key employee of Kendal on Hudson is required to disclose any conflicts of interest that arise by virtue of employment, board service, or position with the organization. Kendal on Hudson monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. Form 990, Part VI, line 13 and 14 The Charitable Fund operates under the whistleblower and document retention policy of its parent organization, Kendal on the Hudson.

Form 990, Part VI, Line 19

The taxpayer makes its form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.

Filing and Contact Details

Filer

Filer Name
Kendal on Hudson Charitable Fund
EIN
46-3359139
In Care Of
% JENNIFER ANDERSON
Phone
9149221000
Address
1010 Kendal way, sleepy hollow, NY 10591

Signing Officer

Name
Jennifer Anderson
Title
CFO
Phone
2125990100
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Doyle
Formed
2013
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Grant Thornton Llp
Address
757 THIRD AVE 2ND FLOOR, NEW YORK, NY 10017-2013
Preparer
scott thompsett
Phone
2125990100
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

Kendal on Hudson Charitable Fund follows the accounting guidance for uncertainties in income tax positions which requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. Kendal on Hudson Charitable Fund does not believe its consolidated financial statements include any material uncertain tax positions. Kendal on Hudson Charitable Fund's tax years ended December 31, 2013 and 2014 are still open to audit for both federal and state purposes.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Kendal on Hudson Charitable Fund follows the accounting guidance for uncertainties in income tax positions which requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. Kendal on Hudson Charitable Fund does not believe its consolidated financial statements include any material uncertain tax positions. Kendal on Hudson Charitable Fund's tax years ended December 31, 2013 and 2014 are still open to audit for both federal and state purposes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalLiabilityAmt080882
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Patricia Doyle
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Jennifer Anderson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
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IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0fair market value
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt025115
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0To the extent that the Charitable Fund receives donations of public securities, it tasks its investment manager to liquidate those securities into cash for use by the Fund to fulfill its charitable mission.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, schedule M, line 32a
IRS990ScheduleM/ThirdPartiesUsedInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Per the organization's bylaws, the Kendal on Hudson Charitable Fund board of directors must seek and obtain the approval of its parent organization, Kendal on the Hudson, to select new members to the Board of Directors. FORM 990, PART VI, LINE 7B Per the organization's bylaws, the Kendal on Hudson Charitable Fund board of directors must seek and obtain the approval of its parent organization, Kendal on the Hudson, on the following governance matters: a. Dissolution, merger or consolidation with another entity division or acquiring control of another entity; and, b. Amendments to the Certificate of Incorporation or to certain provisions of the bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 was prepared by an independent accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 was circulated to the full board of trustees for discussion and comment. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Kendal on Hudson Charitable Fund follows the conflict of interest policy of its parent, Kendal on Hudson. Each officer, director, trustee and key employee of Kendal on Hudson is required to disclose any conflicts of interest that arise by virtue of employment, board service, or position with the organization. Kendal on Hudson monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. Form 990, Part VI, line 13 and 14 The Charitable Fund operates under the whistleblower and document retention policy of its parent organization, Kendal on the Hudson.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The taxpayer makes its form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 19
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.16$1.73$0.21$0.16$0.05
2023Summary only. Only limited summary data is available for this year.$1.74$0.14$1.60$0.18$0.14$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.12$1.41$0.17$0.12$0.05
2021Summary only. Only limited summary data is available for this year.$1.70$0.09$1.61$0.18$0.10$0.09
2020Summary only. Only limited summary data is available for this year.$1.44$0.08$1.36$0.11$0.08$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.19$1.23$0.08$0.09$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.07$1.09$0.13$0.07$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.20$0.08$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.85$0.41$0.22$0.09$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.24$0.09$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.08$0.96$0.88$0.00$0.88
2013Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.00$0.08
Peer Organizations

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