Civic Intelligence

Kellogg Finnet Inc

990EZ • Fiscal year 2021 • EIN 47-4125845

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 23, 2022

Organization Profilewww.kelloggfn.org
2 Mulberry LaneNew Rochelle, NY 10804

(914) 643-0890

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.01x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

25th percentile

-9.1%

Higher net margin than 25% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$153,040

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 77.9% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

13th percentile

-31%

Faster asset growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

25%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$53,911

Down $23,928 (-31%) from 2020

Net Assets

Down

$52,611

Down $17,905 (-25%) from 2020

Liabilities

Down

$1,300

Down $6,023 (-82%) from 2020

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin25th percentile

Revenue

Up

$196,535

Up $38,885 (+25%) from 2020

Expenses

Up

$214,440

Up $59,675 (+39%) from 2020

Net Income

Down

-$17,905

Down $20,790 (-721%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2021

Assets$53,911
Liabilities$1,300
Net Assets$52,611
Open 2021 Filing

Operations Trend

Revenue Growth64th 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

2021

Revenue$196,535
Expenses$214,440
Net Income-$17,905
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 23, 2022
Return Version
2021v4.0
Gross Receipts
$196,535
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 16 Advisory Board educational events for allmembers of the organization on relevant financial topics benefittingapproximately 1,600 people and advancing the organization's mission. Themembership base grew to 90 individuals, with communication and outreach including 3,200 individuals. We continued to focus on older alumni who are returning to work and need to improve their skillsets and expand their network.$93,049-
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Blythe HamerTreasurerFT$153,040-$153,040
Marten HoekstraCo-President-$0--
David KohDirector-$0--
Harry KraemerCo-President-$0--
Patrick EilersDirector-$0--
Ricardo AngelDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kellogg FinNet Inc
EIN
47-4125845
Phone
9146430890
Address
2 Mulberry Lane, New Rochelle, NY 10804

Signing Officer

Name
Blythe Hamer
Title
Treasurer
Signed
2022-06-23
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: $25000”

Other Expenses.1002

“Office Expenses $3161”

Other Expenses.1012

“Insurance $828”

Other Expenses.1

“Event Costs $16529”

Other Expenses.2

“Bank & Credit Card Fees $1823”

Other Assets.1005

“Accounts Receivable - Beginning $10000 Accounts Receivable - Ending $9000”

Total Liabilities.1

“Due to Wharton PE - Beginning $7323 Due to Wharton PE - Ending $1300”

Raw XML Appendix173 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/PhoneNum09734202648
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0111 Central Park North Apt 8A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010026
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt067839
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044911
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0195076
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-17905
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014059
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt077839
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053911
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt025000
IRS990EZ/GrossReceiptsAmt0196535
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt070516
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052611
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt070516
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052611
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt440.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt4153040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Marten Hoekstra
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David Koh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Harry Kraemer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Patrick Eilers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Blythe Hamer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Ricardo Angel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Co-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Co-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09000
IRS990EZ/OtherExpensesTotalAmt022341
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/ProgramServiceRevenueAmt01459
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization hosted 16 Advisory Board educational events for allmembers of the organization on relevant financial topics benefittingapproximately 1,600 people and advancing the organization's mission. Themembership base grew to 90 individuals, with communication and outreach including 3,200 individuals. We continued to focus on older alumni who are returning to work and need to improve their skillsets and expand their network.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt093049
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0153040
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07323
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01300
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0214440
IRS990EZ/TotalProgramServiceExpensesAmt093049
IRS990EZ/TotalRevenueAmt0196535
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.kelloggfn.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0195076
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0156300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0104892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0197082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0276985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0930335
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0930335
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0195076
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0156300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0104892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0197082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0276985
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0930335
IRS990ScheduleA/TotalSupportAmt0930335
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: $25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3161
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Event Costs $16529
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank & Credit Card Fees $1823
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable - Beginning $10000 Accounts Receivable - Ending $9000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Due to Wharton PE - Beginning $7323 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.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Blythe Hamer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Kellogg FinNet Inc
ReturnHeader/Filer/BusinessNameControlTxt0KELL
ReturnHeader/Filer/EIN0474125845
ReturnHeader/Filer/PhoneNum09146430890
ReturnHeader/Filer/USAddress/AddressLine1Txt02 Mulberry Lane
ReturnHeader/Filer/USAddress/CityNm0New Rochelle
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010804
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/ReturnTs02022-06-23T09:08:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Blythe
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hamer
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,911
Liabilities
$1,300
Net assets
$52,611
Revenue
$196,535
Expenses
$214,440
Net income
-$17,905
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
2021Detailed filing. Detailed filing data is available for this year.$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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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