Civic Intelligence

Kellwell Foundation

990PF • Fiscal year 2023 • EIN 87-6837473

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 30, 2024

40 Wyman RoadLexington, MA 02420

(908) 337-1102

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • $500k-$1M nonprofits • Source year 2023

Net Margin

1st percentile

-1094%

Higher net margin than 1% of similar nonprofits.

2023 filings • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

2023 filings • $500k-$1M nonprofits • Source year 2023

Asset Growth

19th percentile

-7.8%

Faster asset growth than 19% of similar nonprofits.

2023 filings • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

26%

Faster revenue growth than 70% of similar nonprofits.

2023 filings • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$594,868

Down $50,246 (-7.8%) from 2022

Net Assets

Down

$594,868

Down $50,246 (-7.8%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$25,494

Up $5,320 (+26%) from 2022

Expenses

Up

$304,432

Up $136,770 (+82%) from 2022

Net Income

Down

-$278,938

Down $131,450 (-89%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2021: $1,995,455Liabilities 2021: $0Net Assets 2021: $1,995,4552021Assets 2022: $645,114Liabilities 2022: $0Net Assets 2022: $645,1142022Assets 2023: $594,868Liabilities 2023: $0Net Assets 2023: $594,8682023Assets 2024: $616,815Liabilities 2024: $0Net Assets 2024: $616,8152024

Highlighted filing

2023

Assets$594,868
Liabilities$0
Net Assets$594,868

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $2,008,786Expenses 2021: $0Net Income 2021: $2,008,7862021Revenue 2022: $20,174Expenses 2022: $167,662Net Income 2022: -$147,4882022Revenue 2023: $25,494Expenses 2023: $304,432Net Income 2023: -$278,9382023Revenue 2024: $25,821Expenses 2024: $51,670Net Income 2024: -$25,8492024

Highlighted filing

2023

Revenue$25,494
Expenses$304,432
Net Income-$278,938
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 30, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS A CROSWELLTrustee-$0--
LISA E KELLYTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Kellwell Foundation
EIN
87-6837473
Phone
9083371102
Address
40 Wyman Road, Lexington, MA 02420

Signing Officer

Name
Thomas a Croswell
Title
Trustee
Phone
9083371102
Signed
2024-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Hertz Herson CPA Llp
Address
200 Fisher Drive, Avon, CT 06001
Preparer
Daniel R Kaufman CPAABV CGMA
Phone
8606775001
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IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt072484
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0292468
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0228708
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OtherDecreasesSchedule/OtherDecreasesDetail/Amt0134
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt035
OtherIncreasesSchedule/OtherIncreasesDetail/Amt0228826
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS A CROSWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-30
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ReturnHeader/Filer/USAddress/AddressLine1Txt040 Wyman Road
ReturnHeader/Filer/USAddress/CityNm0Lexington
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ReturnHeader/Filer/USAddress/ZIPCd002420
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812276003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HERTZ HERSON CPA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 Fisher Drive
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