Dewolf Kellogg Trust FY2020 filing

Tax-deductible

Anchorage, AK501(c)(3)Since 1974EIN 23-7437974

To accept, solicit, receive, administer, and disburse gifts, bequests, legacies, devises, and conveyances of real and personal property for the benefit of alaska pacific university.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $168K a year · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
169 mo
of spending, in cash
Looks good: 169.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$14K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$28K
Spent
$61K
To programs
0%
Net assets
$2.0M
By yearFY2020–FY2024
Revenue
$28K
FY2020
Revenue by fiscal year
FY2020$28K
FY2021−$193K
FY2022−$31K
FY2023−$72K
FY2024$7K
FY2024$12K
Expenses
$61K
FY2020
Expenses by fiscal year
FY2020$61K
FY2021$5K
FY2022$6K
FY2023$505K
FY2024$3K
FY2024$3K
Net assets
$2.0M
FY2020
Net assets by fiscal year
FY2020$2.0M
FY2021$1.8M
FY2022$1.8M
FY2023$1.2M
FY2024$1.2M
FY2024$1.2M

From the FY2020 Form 990 (year ending October 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1975.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $61K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
Secretary Thru April 2020
$0Pt VII · Sec A
Secretary May 2020 - Oct 2020
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director in Perpetuity
$0Pt VII · Sec A
Director in Perpetuity
$0Pt VII · Sec A
See Dewolf Kellogg Trust executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Manages assets and solicits donations to benefit Alaska Pacific University.

Provided by the organization

This section is blank until Dewolf Kellogg Trust claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2019.
01

Carried on fundraising activities and managed assets for the benefit of alaska pacific university.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $500K · 2022–2022

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$28K
Ln 12
Other incomeLn 4–11$21K
Investment incomeLn 3$7K
Money outPt IX
$61K
Ln 25
Managementcol C$61K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$867K
Total assetsLn 16$2.0M
LiabilitiesLn 26$14K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$7K
Other incomeLn 4–11$21K
Gains on assetsLn 7$0
Total revenueLn 12$28K
Assets in detailPt X, end of year
CashLn 1$252K
SavingsLn 2$615K
Cash and savings togetherLn 1–2$867K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.2M
Other assetsLn 15$0
Total assetsLn 16$2.0M
LiabilitiesLn 26$14K
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$888K$867K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$1.2M$1.2M
Total assetsLn 16$2.0M$2.0M
LiabilitiesLn 26$966$14K
Net assetsLn 32$2.0M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$57K$57K
Advertising and promotionLn 12$0
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$61K$0$61K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $7K$3K$4K$1.2M 990 PDF
FY2023 −$72K$505K−$577K$1.2M 990 PDF
FY2022 −$31K$6K−$36K$1.8M 990 PDF
FY2021 −$193K$5K−$198K$1.8M 990 PDF
FY2020 Viewing $28K$61K−$34K$2.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $27,772 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeRelated to mission $7,101$7,101
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $20,671$20,671
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $27,772$27,772
Part IX · Statement of functional expenses $61,443 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $57,334$57,334
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,967$1,967
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $2,142$2,142
IX-25 Total functional expensesPrograms $0 · Management $61,443 · Fundraising $0$61,443
Part X · Balance sheet $2,025,131 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $47,450$251,686
X-2 Savings and temporary cash investmentsStart of year $840,119$615,265
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $1,158,180$1,158,180
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $2,045,749$2,025,131
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $966$14,019
X-26 Total liabilitiesStart of year $966$14,019
X-27 Net assets without donor restrictionsStart of year $0$0
X-28 Net assets with donor restrictionsStart of year $2,044,783$2,011,112
X-32 Total net assets or fund balancesStart of year $2,044,783$2,011,112
X-33 Total liabilities and net assetsStart of year $2,045,749$2,025,131
Part XI · Reconciliation of net assets $2,011,112 net assets at year end
XI-1 Total revenue$27,772
XI-2 Total expenses$61,443
XI-3 Revenue less expenses−$33,671
XI-4 Net assets at start of year$2,044,783
XI-10 Net assets at end of year$2,011,112

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.