Civic Intelligence

Kellogg Finnet Inc

990EZ • Fiscal year 2022 • EIN 47-4125845

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 10, 2023

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

83rd percentile

0.16x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

53rd percentile

6.4%

Higher net margin than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

99th percentile

$125,003

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 66.5% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

43%

Faster asset growth than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

-4.3%

Faster revenue growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$77,218

Up $23,307 (+43%) from 2021

Net Assets

Up

$64,692

Up $12,081 (+23%) from 2021

Liabilities

Up

$12,526

Up $11,226 (+864%) from 2021

Revenue

Down

$188,000

Down $8,535 (-4.3%) from 2021

Expenses

Down

$175,919

Down $38,521 (-18%) from 2021

Net Income

Up

$12,081

Up $29,986 (+167%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$77,218
Liabilities$12,526
Net Assets$64,692

Operations Trend

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

2022

Revenue$188,000
Expenses$175,919
Net Income$12,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 10, 2023
Return Version
2022v5.0
Gross Receipts
$188,000
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 11 Advisory Board educational events for allmembers of the organization on relevant financial topics benefittingapproximately 1,000 people and advancing the organization's mission. Themembership base grew to 92 individuals, with communication and outreach including 3,400 individuals. We continued to focus on older alumni who are returning to work and need to improve their skillsets and expand their network.-$71,546
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Blythe HamerTreasurerFT$125,003-$125,003
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
2023-07-10
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

Other Expenses.1001

Advertising and Promotion $1972

Other Expenses.1002

Office Expenses $3793

Other Expenses.1012

Insurance $828

Other Expenses.1

Event Costs $9044

Other Expenses.2

Bank & Credit Card Fees $2533

Other Assets.1005

Accounts Receivable - Beginning $9000 Accounts Receivable - Ending $23750

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $11226

Total Liabilities.1

Due to Wharton PE - Beginning $1300 Due to Wharton PE - Ending $1300

Raw XML Appendix174 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/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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt023750
IRS990EZ/OtherExpensesTotalAmt018170
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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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization hosted 11 Advisory Board educational events for allmembers of the organization on relevant financial topics benefittingapproximately 1,000 people and advancing the organization's mission. Themembership base grew to 92 individuals, with communication and outreach including 3,400 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/ProgramServiceExpensesAmt071546
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TotalRevenueAmt0188000
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0188000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0195076
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0156300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0104892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0197082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0841350
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0841350
IRS990ScheduleA/TotalSupportAmt0841350
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/ExplanationTxt0Advertising and Promotion $1972
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3793
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Event Costs $9044
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank & Credit Card Fees $2533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable - Beginning $9000 Accounts Receivable - Ending $23750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $11226
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Due to Wharton PE - Beginning $1300 Due to Wharton PE - Ending $1300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Blythe Hamer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-10
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203343625
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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/ReturnTs02023-07-10T10:33:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Blythe
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hamer
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings