Civic Intelligence

Kellenberg Shepherd'S Fund Inc

990 • Fiscal year 2024 • EIN 83-2160419

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 05, 2025

1400 Glenn Curtiss BlvdUniondale, NY 11553

(516) 292-0200

Siviq Scores

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

Liabilities / Assets

12th percentile

0.01x

Higher debt load relative to assets than 12% of similar nonprofits.

2024 filings • NTEE B • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

2024 filings • NTEE B • $10M-$25M nonprofits • Source year 2024

Net Margin

2nd percentile

-129%

Higher net margin than 2% of similar nonprofits.

2024 filings • NTEE B • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$72,015

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2024 filings • NTEE B • $10M-$25M nonprofits • Source year 2024

Asset Growth

3rd percentile

-26%

Faster asset growth than 3% of similar nonprofits.

2024 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

28%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$21,151,401

Down $7,502,884 (-26%) from 2023

Net Assets

Down

$21,007,601

Down $5,308,988 (-20%) from 2023

Liabilities

Down

$143,800

Down $2,193,896 (-94%) from 2023

Revenue

Up

$4,130,242

Up $908,783 (+28%) from 2023

Expenses

Up

$9,439,230

Up $7,475,437 (+381%) from 2023

Net Income

Down

-$5,308,988

Down $6,566,654 (-522%) from 2023

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2021: $25,290,164Liabilities 2021: $3,799,112Net Assets 2021: $21,491,0522021Assets 2022: $30,268,342Liabilities 2022: $5,209,419Net Assets 2022: $25,058,9232022Assets 2023: $28,654,285Liabilities 2023: $2,337,696Net Assets 2023: $26,316,5892023Assets 2024: $21,151,401Liabilities 2024: $143,800Net Assets 2024: $21,007,6012024Assets 2025: $17,679,250Liabilities 2025: $167,999Net Assets 2025: $17,511,2512025

Highlighted filing

2024

Assets$21,151,401
Liabilities$143,800
Net Assets$21,007,601

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2021: $26,941,300Expenses 2021: $5,450,248Net Income 2021: $21,491,0522021Revenue 2022: $6,604,479Expenses 2022: $3,036,608Net Income 2022: $3,567,8712022Revenue 2023: $3,221,459Expenses 2023: $1,963,793Net Income 2023: $1,257,6662023Revenue 2024: $4,130,242Expenses 2024: $9,439,230Net Income 2024: -$5,308,9882024Revenue 2025: $5,107,186Expenses 2025: $8,603,536Net Income 2025: -$3,496,3502025

Highlighted filing

2024

Revenue$4,130,242
Expenses$9,439,230
Net Income-$5,308,988
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 5, 2025
Return Version
2023v6.0
Gross Receipts
$9,937,758
Mission and Program Overview

Mission

To promote, provide, and encourage financial support for the continued educational work and activities of kellenberg memorial high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$26,380,595$20,341,957▼ $6,038,638
Savings and Temporary Cash Investments-$423,049-
Cash and Non-Interest-Bearing Accounts$2,273,690$386,395▼ $1,887,295
Total Assets$28,654,285$21,151,401▼ $7,502,884
Liabilities
Other Liabilities$2,337,696$143,800▼ $2,193,896
Total Liabilities$2,337,696$143,800▼ $2,193,896
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,108,678$20,667,678▼ $5,441,000
Net Assets With Donor Restrictions$207,911$339,923▲ $132,012
Total Net Assets Fund Balance$26,316,589$21,007,601▼ $5,308,988
Total Liabilities and Net Assets / Fund Balance$28,654,285$21,151,401▼ $7,502,884

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,195,392--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$207,911$200,000▲ $3,512-$339,923
2022$197,566$50,000▲ $9,145-$207,911
2021$100,000$136,000▲ $1,541-$197,566
2020$0$100,000--$100,000
2019$0----
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rosemary DugalDirectorFT$72,015$72,015

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,254,946
Program Service Revenue
$556,200
Investment Income
$1,319,096
Other Revenue
$0
All Other Contributions
$1,998,866
Change in Net Assets
$-5,308,988

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 Traded1$25,923Fair Market Value
Other Non Cash Contri Table4$6,400Fair Market Value
Clothing and Household Goods-$1,200Fair Market Value
Food Inventory1$500Cost
Total Noncash Contributions6$34,023-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,371,906
Salaries, Compensation, and Employee Benefits$712,748
Other Expenses$354,576
Total Fundraising Expense$190,448
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,371,906--$8,371,906
Other Salaries and Wages-$545,121-$545,121
Other Employee Benefits-$98,761-$98,761
Office Expenses--$71,062$71,062
Payroll Taxes-$38,317-$38,317
Pension Plan Contributions-$30,549-$30,549
Other Expenses-$15,937$113,975$15,937
All Other Expenses--$5,411$5,411
Total Functional Expenses$8,371,906$876,876$190,448$9,439,230
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kellenberg Mem High SchoolUniondale, NY501(c)(3)Support of Educational Work$8,371,906
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$270,733
Fundraising Gross Income$270,733
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Misc Fundraising$110,297$110,297$13,767$96,530
Total Events$110,297$110,297$13,767$96,530
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Misc Liabilities$124,500
Due to Supported Organization$19,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

No such committees exist.

Form 990, Part VI, Section B, Line 11B

The directors review the form 990 and will approve the final form 990 prior to its filing.

Form 990, Part VI, Section B, Line 12C

Key personnel are required to disclose annually interests that could give rise to conflicts.

Form 990, Part VI, Section B, Line 15

Compensation is approved by the board of directors

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
KELLENBERG SHEPHERD'S FUND INC
EIN
83-2160419
Phone
5162920200
Address
1400 GLENN CURTISS BLVD, UNIONDALE, NY 11553

Signing Officer

Name
Bro Kenneth Hoagland Sm
Title
Director
Phone
5162920200
Signed
2025-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bro Kenneth Hoagland S
Formed
2018
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
6
Volunteers
0

Preparer

Firm
Giambalvo Stalzer & Company Cpas Pc
Address
3500 SUNRISE HWY STE 100 BLG 200, GREAT RIVER, NY 11739
Preparer
Robert Giambalvo
Phone
6313218000
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0136000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0197566
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt039975
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01541
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1124500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SUPPORTED ORGANIZATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISC LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt012783327
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14142706
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2561728
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31658804
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt41195392
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CUIT FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1GOVERNMENT SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CORPORATE BONDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc4EQUITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.58840
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.41160
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt020341957
IRS990ScheduleD/TotalLiabilityAmt0143800
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013767
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MISC FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0110297
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0110297
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0110297
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0110297
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt096530
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013767
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013767
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt08371906
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT OF EDUCATIONAL WORK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KELLENBERG MEM HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0112861852
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01400 GLENN CURTIS BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0UNIONDALE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd011553
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt01200
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt01
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0500
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt04
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0EVENT TICKETS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt06400
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt025923
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES A BROKERAGE FIRM TO SELL STOCKS WHICH ARE GIFTED TO THE ORGANIZATION.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 32B:
IRS990ScheduleM/ThirdPartiesUsedInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO SUCH COMMITTEES EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS REVIEW THE FORM 990 AND WILL APPROVE THE FINAL FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KEY PERSONNEL ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KELLENBERG MEMORIAL HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SAINT MARTIN DE PORRES MARIANIST SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112861852
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OPERATES A PRIVATE CATHOLIC HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1OPERATES A PRIVATE CATHOLIC HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0TYPE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1TYPE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01400 GLENN CURTISS BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1530 HEMPSTEAD BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0UNIONDALE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1UNIONDALE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011553
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd111553
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01

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