Peter R And Cynthia K Kellogg Foundation
Kellogg Foundation: Strong Assets, Inconsistent Revenue, and High Administrative Costs
EIN: 222472914 · New York, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $11.4M |
| Total Expenses | $2.2M |
| Program Spending | 60% |
| Net Assets | $41.9M |
| Transparency Score | 75/100 |
Is Peter R And Cynthia K Kellogg Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peter R And Cynthia K Kellogg Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Peter R And Cynthia K Kellogg Foundation
Peter R And Cynthia K Kellogg Foundation (EIN: 222472914) is a nonprofit organization based in New York, NY. The organization reported total revenue of $11.4M and total assets of $48.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter R And Cynthia K Kellogg Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peter R And Cynthia K Kellogg Foundation is a large nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-800,503 |
| Total Assets | $41.9M |
| Total Liabilities | $6K |
| Net Assets | $41.9M |
| Operating Margin | -58.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 231.9 months |
Financial Health Grade: B
In 2023, Peter R And Cynthia K Kellogg Foundation reported a deficit of $801K with expenses exceeding revenue, holds 231.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +86.6% | -92.9% | -2.0% |
| 2022 | -88.4% | +215.1% | -31.3% |
| 2021 | +38.9% | +12.9% | -5.5% |
| 2020 | -9.5% | -44.8% | -13.7% |
| 2019 | -41.9% | +6.7% | +45.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Peter R And Cynthia K Kellogg Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Peter R And Cynthia K Kellogg Foundation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $801K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing an assessment of its reasonableness.
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 Peter R And Cynthia K Kellogg Foundation's IRS 990 filings:
- Administrative expenses appear high relative to program spending in some years, for example, in 2022, expenses were $30,541,585 while revenue was only $733,095.
- Revenue has been highly inconsistent, ranging from a negative -$8,704,850 in 2013 to $17,476,943 in 2014, which could impact long-term stability.
- The provided data lacks specific details on program activities and their impact, making it difficult to assess the effectiveness of funds.
Strengths
The following positive indicators were identified for Peter R And Cynthia K Kellogg Foundation:
- The foundation maintains substantial assets, with $48,544,649 in 2023, indicating a strong financial base.
- Despite revenue fluctuations, the foundation has consistently held significant assets over the years, demonstrating financial resilience.
Frequently Asked Questions about Peter R And Cynthia K Kellogg Foundation
Is Peter R And Cynthia K Kellogg Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter R And Cynthia K Kellogg Foundation (EIN: 222472914) some concerns. Mission Score: 75/100. 3 red flags identified, 2 strengths noted.
How does Peter R And Cynthia K Kellogg Foundation spend its money?
Peter R And Cynthia K Kellogg Foundation directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peter R And Cynthia K Kellogg Foundation tax-deductible?
Peter R And Cynthia K Kellogg Foundation is registered as a tax-exempt nonprofit (EIN: 222472914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Peter R And Cynthia K Kellogg Foundation's spending goes to programs?
Peter R And Cynthia K Kellogg Foundation directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Peter R And Cynthia K Kellogg Foundation located?
Peter R And Cynthia K Kellogg Foundation is headquartered in New York, New York and files with the IRS under EIN 222472914.
How many years of IRS 990 filings does Peter R And Cynthia K Kellogg Foundation have?
Peter R And Cynthia K Kellogg Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.4M in total revenue.
What does Peter R And Cynthia K Kellogg Foundation do?
Peter R And Cynthia K Kellogg Foundation is a nonprofit organization in the Unknown sector, located in New York, New York. It is classified under NTEE code Unknown.
How much revenue does Peter R And Cynthia K Kellogg Foundation have?
Peter R And Cynthia K Kellogg Foundation reported total revenue of $11,422,068. Based on 10 IRS 990 filings on record.
What are Peter R And Cynthia K Kellogg Foundation's total assets?
Peter R And Cynthia K Kellogg Foundation holds total assets of $48,544,649 as reported in IRS 990 filings.
Where is Peter R And Cynthia K Kellogg Foundation located?
Peter R And Cynthia K Kellogg Foundation is based in New York, New York.
What is Peter R And Cynthia K Kellogg Foundation's EIN?
Peter R And Cynthia K Kellogg Foundation's Employer Identification Number (EIN) is 222472914. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Peter R And Cynthia K Kellogg Foundation?
Peter R And Cynthia K Kellogg Foundation is classified under NTEE code Unknown (Unknown).
Is Peter R And Cynthia K Kellogg Foundation a registered 501(c)(3)?
Peter R And Cynthia K Kellogg Foundation appears in IRS records (EIN: 222472914). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Peter R And Cynthia K Kellogg Foundation file IRS Form 990?
Yes, Peter R And Cynthia K Kellogg Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Peter R And Cynthia K Kellogg Foundation's revenue in 2023?
In the 202306 filing period, Peter R And Cynthia K Kellogg Foundation reported total revenue of $1,368,174, total expenses of $2,168,677, and net assets of $41,917,945.
Is Peter R And Cynthia K Kellogg Foundation's revenue growing or declining?
Peter R And Cynthia K Kellogg Foundation's revenue is growing. Revenue went from $733,095 (202206) to $1,368,174 (202306), a +86.6% change. Based on 10 filings on record.
What is Peter R And Cynthia K Kellogg Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Peter R And Cynthia K Kellogg Foundation covers tax period 202306. It shows revenue of $1,368,174, expenses of $2,168,677, total assets of $41,917,945, and liabilities of $5,902.
How much does Peter R And Cynthia K Kellogg Foundation spend on programs vs administration?
Based on IRS 990 analysis, Peter R And Cynthia K Kellogg Foundation allocates approximately 60% of expenses to program services, 30% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Peter R And Cynthia K Kellogg Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Peter R And Cynthia K Kellogg Foundation appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Peter R And Cynthia K Kellogg Foundation?
The following concerns were identified: Administrative expenses appear high relative to program spending in some years, for example, in 2022, expenses were $30,541,585 while revenue was only $733,095.. Revenue has been highly inconsistent, ranging from a negative -$8,704,850 in 2013 to $17,476,943 in 2014, which could impact long-term stability.. The provided data lacks specific details on program activities and their impact, making it difficult to assess the effectiveness of funds.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Peter R And Cynthia K Kellogg Foundation's strengths?
Positive indicators for Peter R And Cynthia K Kellogg Foundation include: The foundation maintains substantial assets, with $48,544,649 in 2023, indicating a strong financial base.. Despite revenue fluctuations, the foundation has consistently held significant assets over the years, demonstrating financial resilience.. These findings are derived from AI analysis of the organization's financial filings.
How does Peter R And Cynthia K Kellogg Foundation compensate executives?
Executive compensation details are not provided in the given data, preventing an assessment of its reasonableness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant fluctuations in revenue and high administrative expenses in certain years, what strategies does the Kellogg Foundation employ to ensure consistent program funding and long-term sustainability?
Without more detailed financial statements and operational reports, it's challenging to pinpoint specific strategies. However, the substantial asset base suggests reliance on endowment returns to buffer revenue volatility and fund operations, even when annual contributions are low or negative. The high administrative costs in some years might be due to investment management fees or one-time operational expenses not directly tied to program delivery.
Filing History
IRS 990 filing history for Peter R And Cynthia K Kellogg Foundation showing financial trends over 10 years of public records:
Total assets decreased by 50.8% over the same period, from $85.2M to $41.9M. Total functional expenses fell by 76.6%, from $9.3M to $2.2M. In its most recent filing year (2023), Peter R And Cynthia K Kellogg Foundation reported a deficit of $801K, with expenses exceeding revenue. The organization holds $6K in liabilities against $41.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $41.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $2.2M | $41.9M | $6K | — | View 990 |
| 2022 | $733K | $30.5M | $42.8M | $10K | — | View 990 |
| 2021 | $6.3M | $9.7M | $62.3M | $6K | — | View 990 |
| 2020 | $4.5M | $8.6M | $65.9M | $6K | — | View 990 |
| 2019 | $5.0M | $15.6M | $76.3M | $5.8M | — | View 990 |
| 2015 | $8.6M | $14.6M | $52.4M | $10.1M | — | View 990 |
| 2014 | $17.5M | $7.0M | $78.1M | $27.3M | — | View 990 |
| 2013 | $-8,704,850 | $6.2M | $67.6M | $28.1M | — | View 990 |
| 2012 | $5.7M | $6.9M | $80.8M | $20.2M | — | View 990 |
| 2011 | $-374,892 | $9.3M | $85.2M | $27.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $2.2M, and assets of $41.9M (revenue +86.6% year-over-year).
- 2022: Revenue of $733K, expenses of $30.5M, and assets of $42.8M (revenue -88.4% year-over-year).
- 2021: Revenue of $6.3M, expenses of $9.7M, and assets of $62.3M (revenue +38.9% year-over-year).
- 2020: Revenue of $4.5M, expenses of $8.6M, and assets of $65.9M (revenue -9.5% year-over-year).
- 2019: Revenue of $5.0M, expenses of $15.6M, and assets of $76.3M (revenue -41.9% year-over-year).
- 2015: Revenue of $8.6M, expenses of $14.6M, and assets of $52.4M (revenue -50.6% year-over-year).
- 2014: Revenue of $17.5M, expenses of $7.0M, and assets of $78.1M.
- 2013: Revenue of $-8,704,850, expenses of $6.2M, and assets of $67.6M (revenue -252.9% year-over-year).
- 2012: Revenue of $5.7M, expenses of $6.9M, and assets of $80.8M.
- 2011: Revenue of $-374,892, expenses of $9.3M, and assets of $85.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peter R And Cynthia K Kellogg Foundation:
Data Sources and Methodology
This transparency report for Peter R And Cynthia K Kellogg Foundation 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.