Civic Intelligence

Kennek Foundation Inc.

990EZ • Fiscal year 2015 • EIN 47-2142054

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

37 Gingerbread HillMarblehead, MA 01945

(781) 631-0366

Siviq Scores

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

Liabilities / Assets

96th percentile

1.36x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

1.49x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

9th percentile

-40%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

16122%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

99th percentile

1285%

Faster revenue growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$16,222

Up $16,122 (+16122%) from 2014

Net Assets

Down

-$5,856

Down $5,956 (-5956%) from 2014

Liabilities

Up

$22,078

Up $22,078 from 2014

Revenue

Up

$14,815

Up $13,745 (+1285%) from 2014

Expenses

Up

$20,771

Up $19,801 (+2041%) from 2014

Net Income

Down

-$5,956

Down $6,056 (-6056%) from 2014

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20KAssets 2014: $100Liabilities 2014: $0Net Assets 2014: $1002014Assets 2015: $16,222Liabilities 2015: $22,078Net Assets 2015: -$5,8562015Assets 2016: $14,686Liabilities 2016: $26,361Net Assets 2016: -$11,6752016Assets 2017: $17,319Liabilities 2017: $25,601Net Assets 2017: -$8,2822017Assets 2018: $15,740Liabilities 2018: $27,484Net Assets 2018: -$11,7442018Assets 2019: $10,294Liabilities 2019: $27,544Net Assets 2019: -$17,2502019Assets 2020: $3,900Liabilities 2020: $23,817Net Assets 2020: -$19,9172020Assets 2021: $10,070Liabilities 2021: $24,775Net Assets 2021: -$14,7052021Assets 2022: $7,163Liabilities 2022: $25,653Net Assets 2022: -$18,4902022Assets 2023: $10,050Liabilities 2023: $22,746Net Assets 2023: -$12,6962023Assets 2024: $8,294Liabilities 2024: $16,452Net Assets 2024: -$8,1582024

Highlighted filing

2015

Assets$16,222
Liabilities$22,078
Net Assets-$5,856

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2014: $1,070Expenses 2014: $970Net Income 2014: $1002014Revenue 2015: $14,815Expenses 2015: $20,771Net Income 2015: -$5,9562015Revenue 2016: $13,106Expenses 2016: $18,925Net Income 2016: -$5,8192016Revenue 2017: $44,999Expenses 2017: $41,606Net Income 2017: $3,3932017Revenue 2018: $42,466Expenses 2018: $45,928Net Income 2018: -$3,4622018Revenue 2019: $56,150Expenses 2019: $61,656Net Income 2019: -$5,5062019Revenue 2020: $26,794Expenses 2020: $29,461Net Income 2020: -$2,6672020Revenue 2021: $39,231Expenses 2021: $34,019Net Income 2021: $5,2122021Revenue 2022: $39,173Expenses 2022: $42,958Net Income 2022: -$3,7852022Revenue 2023: $52,803Expenses 2023: $47,009Net Income 2023: $5,7942023Revenue 2024: $56,837Expenses 2024: $52,299Net Income 2024: $4,5382024

Highlighted filing

2015

Revenue$14,815
Expenses$20,771
Net Income-$5,956
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.1
Gross Receipts
$16,172
Mission and Program Overview

Mission

Kennek activities consist of, but are not limited to, visiting children's hospitals with gifts of plush toys and books to brighten the day of children who are ill, making appearances at shelters for the homeless with donations and gifts for the children, delivering hope to wounded vets and, at times, assisting animals in need here in the united states and throughout the world.with funding from generous sponsors and corporate partners, kennek identifies those most in need and delivers much needed hope to children and their families after crises and natural disasters.kennek also has plans to help fund a children's television series, which will be centered around teaching children how to handle life's "bumps in the road" gently and with humor.the philanthropic outreach of the kennek foundation builds on a reputation of compassion and caring for those who need it most.

Program Services

DescriptionGrantsExpenses
NONE$0$0
NONE$0$0
NONE$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHEILA M DUNCANPresidentPT$0--
SUSAN J DONAHUESecretary-$0--
PATRICIA A NARCESSIANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Kennek Foundation Inc
EIN
47-2142054
Phone
7816310366
Address
37 GINGERBREAD HILL, MARBLEHEAD, MA 01945

Signing Officer

Name
Sheila M Duncan
Title
President
Phone
7816310366
Signed
2016-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Wald & Company Pc
Address
300 CONGRESS STREET UNIT 406, QUINCY, MA 02169
Preparer
John S Crosby
Phone
6174390600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: donation. Grantee name: varions > $5,000. Grantee relationship: none. Property description: cash. Amount given: 3,278.

Form 990-ez, Part I, Line 14

Description: depreciation/amortization. Amount: 1,365.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office, postage, meetings. Amount: 2,580. Description: cost of items donated. Amount: 3,049. Total to form 990-ez, line 16: 5,629.

Form 990-ez, Part II, Line 24 - Other Assets

Description: deposit on product. Beg. Of year amount: 0. End of year amount: 775. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 12,287.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card - capital one. Beg. Of year amount: 0. End of year amount: 485. Description: due to sheila duncan. Beg. Of year amount: 0. End of year amount: 21,593.

Raw XML Appendix151 raw XML fields

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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IRS990EZ/BooksInCareOfDetail/PhoneNum07816310366
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARBLEHEAD
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001945
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUSAN J DONAHUE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICIA A NARCESSIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013062
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05629
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0KENNEK ACTIVITIES CONSIST OF, BUT ARE NOT LIMITED TO, VISITING CHILDREN'S HOSPITALS WITH GIFTS OF PLUSH TOYS AND BOOKS TO BRIGHTEN THE DAY OF CHILDREN WHO ARE ILL, MAKING APPEARANCES AT SHELTERS FOR THE HOMELESS WITH DONATIONS AND GIFTS FOR THE CHILDREN, DELIVERING HOPE TO WOUNDED VETS AND, AT TIMES, ASSISTING ANIMALS IN NEED HERE IN THE UNITED STATES AND THROUGHOUT THE WORLD.WITH FUNDING FROM GENEROUS SPONSORS AND CORPORATE PARTNERS, KENNEK IDENTIFIES THOSE MOST IN NEED AND DELIVERS MUCH NEEDED HOPE TO CHILDREN AND THEIR FAMILIES AFTER CRISES AND NATURAL DISASTERS.KENNEK ALSO HAS PLANS TO HELP FUND A CHILDREN'S TELEVISION SERIES, WHICH WILL BE CENTERED AROUND TEACHING CHILDREN HOW TO HANDLE LIFE'S "BUMPS IN THE ROAD" GENTLY AND WITH HUMOR.THE PHILANTHROPIC OUTREACH OF THE KENNEK FOUNDATION BUILDS ON A REPUTATION OF COMPASSION AND CARING FOR THOSE WHO NEED IT MOST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NONE
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IRS990EZ/SpecialEventsNetIncomeLossAmt0388
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01070
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: VARIONS > $5,000. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 3,278.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 1,365.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE, POSTAGE, MEETINGS. AMOUNT: 2,580. DESCRIPTION: COST OF ITEMS DONATED. AMOUNT: 3,049. TOTAL TO FORM 990-EZ, LINE 16: 5,629.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DEPOSIT ON PRODUCT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 775. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 12,287.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: CREDIT CARD - CAPITAL ONE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 485. DESCRIPTION: DUE TO SHEILA DUNCAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 21,593.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHEILA M DUNCAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07816310366
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE KENNEK FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KENN
ReturnHeader/Filer/EIN0472142054
ReturnHeader/Filer/PhoneNum07816310366
ReturnHeader/Filer/USAddress/AddressLine1Txt037 GINGERBREAD HILL
ReturnHeader/Filer/USAddress/CityNm0MARBLEHEAD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001945
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043402406
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALD & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 CONGRESS STREET UNIT 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002169
ReturnHeader/PreparerPersonGrp/PhoneNum06174390600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN S CROSBY
ReturnHeader/ReturnTs02016-05-16T12:45:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings