Kellogg Club Inc
Kellogg Club Inc: Strong Mission, High Admin Costs
EIN: 221862505 · Morristown, NJ · NTEE: N50 · Updated: 2026-04-04
About Kellogg Club Inc
Kellogg Club Inc (EIN: 221862505) is a nonprofit organization based in Morristown, NJ, classified under NTEE code N50. The organization reported total revenue of $381K and total assets of $503K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kellogg Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kellogg Club Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, Kellogg Club Inc allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's revenue, with total expenses of $277,066 in 2023, but specific individual salaries are not detailed.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kellogg Club Inc's IRS 990 filings:
- Administrative expenses are a significant portion of total expenses, reaching $277,066 in 2023 compared to total revenue of $226,399, indicating potential operational inefficiencies or miscategorization.
- Revenue has fluctuated, with a notable drop from $289,638 in 2020 to $189,929 in 2021, then a recovery to $226,399 in 2023, suggesting inconsistent funding streams.
- The organization consistently reports 0% compensation for key employees, which may indicate a lack of detailed reporting or reliance on volunteer leadership for key roles.
Strengths
The following positive indicators were identified for Kellogg Club Inc:
- Consistent asset base, with assets of $484,178 in 2023, demonstrating financial stability.
- Low liabilities relative to assets, with liabilities of $109,335 in 2023, indicating good financial health.
- Long-standing operation (N50) suggests a well-established presence and community trust.
Frequently Asked Questions about Kellogg Club Inc
What does Kellogg Club Inc do?
Kellogg Club Inc is a nonprofit organization in the Recreation & Sports sector, located in Morristown, New Jersey. It is classified under NTEE code N50.
How much revenue does Kellogg Club Inc have?
Kellogg Club Inc reported total revenue of $381,142. Based on 4 IRS 990 filings on record.
What are Kellogg Club Inc's total assets?
Kellogg Club Inc holds total assets of $503,142 as reported in IRS 990 filings.
Where is Kellogg Club Inc located?
Kellogg Club Inc is based in Morristown, New Jersey.
What is Kellogg Club Inc's EIN?
Kellogg Club Inc's Employer Identification Number (EIN) is 221862505. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Kellogg Club Inc?
Kellogg Club Inc is classified under NTEE code N50 (Recreation & Sports).
Is Kellogg Club Inc a registered 501(c)(3)?
Yes, Kellogg Club Inc is recognized as a tax-exempt organization by the IRS. EIN: 221862505.
Does Kellogg Club Inc file IRS Form 990?
Yes, Kellogg Club Inc has 4 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Kellogg Club Inc's revenue in 2023?
In the 202312 filing period, Kellogg Club Inc reported total revenue of $226,399, total expenses of $277,066, and net assets of $484,178.
Is Kellogg Club Inc's revenue growing or declining?
Kellogg Club Inc's revenue is relatively stable. Revenue went from $217,471 (202212) to $226,399 (202312), a +4.1% change. Based on 4 filings on record.
What is Kellogg Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Kellogg Club Inc covers tax period 202312. It shows revenue of $226,399, expenses of $277,066, total assets of $484,178, and liabilities of $109,335.
How much does Kellogg Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Kellogg Club Inc allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Kellogg Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Kellogg Club Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Kellogg Club Inc?
The following concerns were identified: Administrative expenses are a significant portion of total expenses, reaching $277,066 in 2023 compared to total revenue of $226,399, indicating potential operational inefficiencies or miscategorization.. Revenue has fluctuated, with a notable drop from $289,638 in 2020 to $189,929 in 2021, then a recovery to $226,399 in 2023, suggesting inconsistent funding streams.. The organization consistently reports 0% compensation for key employees, which may indicate a lack of detailed reporting or reliance on volunteer leadership for key roles.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Kellogg Club Inc's strengths?
Positive indicators for Kellogg Club Inc include: Consistent asset base, with assets of $484,178 in 2023, demonstrating financial stability.. Low liabilities relative to assets, with liabilities of $109,335 in 2023, indicating good financial health.. Long-standing operation (N50) suggests a well-established presence and community trust.. These findings are derived from AI analysis of the organization's financial filings.
How does Kellogg Club Inc compensate executives?
Executive compensation appears reasonable given the organization's revenue, with total expenses of $277,066 in 2023, but specific individual salaries are not detailed. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the relatively high administrative expenses compared to program spending, and how does this align with the organization's mission?
The provided data shows total expenses (x) consistently exceeding revenue (r) in recent years, with 'x' likely encompassing both administrative and program costs. Without a detailed functional expense breakdown, it's difficult to pinpoint the exact drivers, but the high 'x' relative to 'r' suggests a significant portion is not directly program-related or that program costs are being absorbed within a broader 'expenses' category.
Given the 'N50' status, what specific community impact or programs does Kellogg Club Inc deliver, and how are these measured?
The provided data does not offer specific program details or impact metrics. To understand the community impact, one would need to review their website, annual reports, or program-specific disclosures, which are not included in the provided financial snapshot.
Filing History
IRS 990 filing history for Kellogg Club Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Kellogg Club Inc's revenue has declined by 21.8%, moving from $290K to $226K. Total assets increased by 34.1% over the same period, from $361K to $484K. Total functional expenses rose by 26.3%, from $219K to $277K. In its most recent filing year (2023), Kellogg Club Inc reported a deficit of $51K, with expenses exceeding revenue. The organization holds $109K in liabilities against $484K in assets (debt-to-asset ratio: 22.6%), resulting in net assets of $375K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $277K | $484K | $109K | — | — |
| 2022 | $217K | $241K | $532K | $107K | — | View 990 |
| 2021 | $190K | $189K | $365K | $96K | — | View 990 |
| 2020 | $290K | $219K | $361K | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $277K, and assets of $484K (revenue +4.1% year-over-year).
- 2022: Revenue of $217K, expenses of $241K, and assets of $532K (revenue +14.5% year-over-year).
- 2021: Revenue of $190K, expenses of $189K, and assets of $365K (revenue -34.4% year-over-year).
- 2020: Revenue of $290K, expenses of $219K, and assets of $361K.
Data Sources and Methodology
This transparency report for Kellogg Club Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.