Civic Intelligence

Kellogg Finnet Inc

990EZ • Fiscal year 2019 • EIN 47-4125845

Jan 01, 2019 to Dec 31, 2019 • Filed on May 28, 2020

Organization Profilewww.kelloggfn.org
535 West 147th StreetNew York, NY 10031

(917) 686-2664

Siviq Scores

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

Liabilities / Assets

85th percentile

0.25x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

0.18x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-81%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-48%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-41%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$90,181

Down $81,821 (-48%) from 2018

Net Assets

Down

$67,631

Down $99,093 (-59%) from 2018

Liabilities

Up

$22,550

Up $17,272 (+327%) from 2018

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin6th percentile

Revenue

Down

$121,988

Down $85,132 (-41%) from 2018

Expenses

Up

$221,081

Up $44,384 (+25%) from 2018

Net Income

Down

-$99,093

Down $129,516 (-426%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$200K$150K$100K$50K$0Assets 2016: $61,997Liabilities 2016: $859Net Assets 2016: $61,1382016Assets 2017: $136,301Liabilities 2017: $0Net Assets 2017: $136,3012017Assets 2018: $172,002Liabilities 2018: $5,278Net Assets 2018: $166,7242018Assets 2019: $90,181Liabilities 2019: $22,550Net Assets 2019: $67,6312019Assets 2020: $77,839Liabilities 2020: $7,323Net Assets 2020: $70,5162020Assets 2021: $53,911Liabilities 2021: $1,300Net Assets 2021: $52,6112021Assets 2022: $77,218Liabilities 2022: $12,526Net Assets 2022: $64,6922022

Highlighted filing

2019

Assets$90,181
Liabilities$22,550
Net Assets$67,631
Open 2019 Filing

Operations Trend

Revenue Growth12th percentile

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

$300K$200K$100K$0-$100KRevenue 2016: $126,985Expenses 2016: $162,661Net Income 2016: -$35,6762016Revenue 2017: $212,155Expenses 2017: $136,992Net Income 2017: $75,1632017Revenue 2018: $207,120Expenses 2018: $176,697Net Income 2018: $30,4232018Revenue 2019: $121,988Expenses 2019: $221,081Net Income 2019: -$99,0932019Revenue 2020: $157,650Expenses 2020: $154,765Net Income 2020: $2,8852020Revenue 2021: $196,535Expenses 2021: $214,440Net Income 2021: -$17,9052021Revenue 2022: $188,000Expenses 2022: $175,919Net Income 2022: $12,0812022

Highlighted filing

2019

Revenue$121,988
Expenses$221,081
Net Income-$99,093
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 28, 2020
Return Version
2019v5.0
Gross Receipts
$121,988
Mission and Program Overview

Mission

To build a dynamic, self-sustaining Kellogg global finance community that effectively serves its alumni, faculty, and student constituencies while reflecting the unique Kellogg spirit and culture.

Program Services

DescriptionGrantsExpenses
The organization hosted Advisory Board educational events for allmembers of the organization on relevant financial topics benefittingapproximately 300 people and advancing the organization's mission. Themembership base was maintained at 75 individuals. We continued to focus onolder alumni who are returning to work and need to improve theirskillsets and expand their network.$30,116-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hagai BarlevSecretary-$0--
Stephan HartmanCo-Chair-$0--
Kevin M GoldsteinDirector-$0--
Nicholas Lex LeemingDirector-$0--
Brian LessigTreasurer-$0--
Kris ZdybDirector-$0--
Catherine VaughnDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kellogg FinNet Inc
EIN
47-4125845
Phone
9176862664
Address
535 West 147th Street, New York, NY 10031

Signing Officer

Name
Brian Lessig
Title
Treasurer
Signed
2020-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Korje Tax Professionals Inc
Address
928 BROADWAY SUITE 707, NEW YORK, NY 10010
Preparer
Koreen Jervis
Phone
2126771132
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Northwestern University | Donee's Address: 633 Clark St Evanston IL 60208 | Cash Amount Given: $10000”

Other Expenses.1002

“Office Expenses $3278”

Other Expenses.1005

“Travel $1689”

Other Expenses.1012

“Insurance $800”

Other Expenses.1

“Event Costs $30116”

Other Expenses.2

“Bank & Credit Card Fees $925”

Other Assets.1005

“Accounts Receivable - Beginning $62500 Accounts Receivable - Ending $13275”

Total Liabilities.1003

“Deferred Revenue - Beginning $0 Deferred Revenue - Ending $21250”

Total Liabilities.1

“Due to Wharton PE - Beginning $5278 Due to Wharton PE - Ending $1300”

Raw XML Appendix175 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum09176862664
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010024
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0109502
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt076906
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt095897
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt090181
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/GrossReceiptsAmt0121988
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt08995
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0166724
IRS990EZ/NetAssetsOrFundBalancesEOYAmt067631
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0166724
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt067631
IRS990EZ/OccupancyRentUtltsAndMaintAmt017523
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Hagai Barlev
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Stephan Hartman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kevin M Goldstein
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Nicholas Lex Leeming
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Brian Lessig
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Kris Zdyb
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Catherine Vaughn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Co-chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt062500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013275
IRS990EZ/OtherExpensesTotalAmt036808
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To build a dynamic, self-sustaining Kellogg global finance community that effectively serves its alumni, faculty, and student constituencies while reflecting the unique Kellogg spirit and culture.
IRS990EZ/ProgramServiceRevenueAmt017096
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization hosted Advisory Board educational events for allmembers of the organization on relevant financial topics benefittingapproximately 300 people and advancing the organization's mission. Themembership base was maintained at 75 individuals. We continued to focus onolder alumni who are returning to work and need to improve theirskillsets and expand their network.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030116
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05278
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt022550
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0221081
IRS990EZ/TotalProgramServiceExpensesAmt030116
IRS990EZ/TotalRevenueAmt0121988
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.kelloggfn.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0104892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0197082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0276985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0126985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0855944
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0855944
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0104892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0197082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0276985
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0126985
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0855944
IRS990ScheduleA/TotalSupportAmt0855944
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Northwestern University | Donee's Address: 633 Clark St Evanston IL 60208 | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3278
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $1689
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Event Costs $30116
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank & Credit Card Fees $925
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable - Beginning $62500 Accounts Receivable - Ending $13275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Deferred Revenue - Beginning $0 Deferred Revenue - Ending $21250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Due to Wharton PE - Beginning $5278 Due to Wharton PE - Ending $1300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian Lessig
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Kellogg FinNet Inc
ReturnHeader/Filer/BusinessNameControlTxt0KELL
ReturnHeader/Filer/EIN0474125845
ReturnHeader/Filer/PhoneNum09176862664
ReturnHeader/Filer/USAddress/AddressLine1Txt0535 West 147th Street
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010031
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203343625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KORJE TAX PROFESSIONALS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0928 BROADWAY SUITE 707
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010010
ReturnHeader/PreparerPersonGrp/PhoneNum02126771132
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Koreen Jervis
ReturnHeader/ReturnTs02020-05-28T09:08:05-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$90,181
Liabilities
$22,550
Net assets
$67,631
Revenue
$121,988
Expenses
$221,081
Net income
-$99,093
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.13$0.65$1.88$1.76$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.01$0.53$1.97$2.14$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.07$0.71$1.58$1.55$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.90$0.23$0.68$1.22$2.21$0.99
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.05$1.67$2.07$1.77$0.30
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.00$1.36$2.12$1.37$0.75
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$1.27$1.63$0.36