Totals
- Total revenue
- $5,189,678
- Total expenses
- $5,212,972
- Contributions and grants received
- $1,692,969
- Grants paid
- $86,765
- Program service revenue
- $3,391,857
- Investment income
- $104,852
- Other revenue
- $0
- Total assets, end of year
- $6,779,772
- Total liabilities, end of year
- $1,886,278
- Net assets or fund balances, end of year
- $4,893,494
- Program services expenses (Part IX)
- $3,842,372
- Management and general expenses
- $1,370,600
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,842,372
Program services were 73.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$75,000
-
1f · All other contributions, gifts and grants
$1,617,969
-
2a · Program service revenue: PROGRAM FEES
total $3,391,857 · related or exempt $3,391,857
-
3 · Investment income
total $104,852 · excluded $104,852
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $86,765 · program services $86,765
-
5 · Compensation of officers, directors and key employees
total $564,397 · program services $406,366 · management and general $158,031
-
7 · Other salaries and wages
total $1,757,525 · program services $1,265,418 · management and general $492,107
-
8 · Pension plan contributions
total $115,114 · program services $82,882 · management and general $32,232
-
9 · Other employee benefits
total $287,473 · program services $223,934 · management and general $63,539
-
10 · Payroll taxes
total $159,943 · program services $115,159 · management and general $44,784
-
11c · Fees: accounting
total $14,800 · management and general $14,800
-
11d · Fees: lobbying
total $27,500 · program services $27,500
-
11g · Fees: other
total $1,505,824 · program services $1,322,864 · management and general $182,960
-
12 · Advertising and promotion
total $10,931 · program services $10,709 · management and general $222
-
13 · Office expenses
total $91,721 · program services $20,186 · management and general $71,535
-
14 · Information technology
total $19,075 · program services $19,075
-
16 · Occupancy
total $221,907 · program services $42,268 · management and general $179,639
-
17 · Travel
total $91,127 · program services $72,200 · management and general $18,927
-
19 · Conferences, conventions and meetings
total $44,165 · program services $44,165
-
22 · Depreciation, depletion and amortization
total $718 · management and general $718
-
23 · Insurance
total $14,729 · management and general $14,729
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $160,468 · program services $96,188 · management and general $64,280
-
24b · Other expenses: BAD DEBT
total $29,690 · program services $6,693 · management and general $22,997
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $9,100 · management and general $9,100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,639,393 · end of year $3,702,847
-
3 · Pledges and grants receivable
beginning of year $268,490 · end of year $15,000
-
4 · Accounts receivable
beginning of year $525,026 · end of year $348,638
-
7 · Other notes and loans receivable
beginning of year $110,834 · end of year $75,834
-
9 · Prepaid expenses and deferred charges
end of year $39,238
-
10a · Land, buildings and equipment: cost or other basis
$220,326
-
10b · Land, buildings and equipment: accumulated depreciation
$210,046
-
10c · Land, buildings and equipment, net
beginning of year $10,998 · end of year $10,280
-
11 · Investments: publicly traded securities
beginning of year $1,663,080 · end of year $1,861,912
-
15 · Other assets
beginning of year $7,121 · end of year $726,023
-
17 · Accounts payable and accrued expenses
beginning of year $663,006 · end of year $429,207
-
19 · Deferred revenue
beginning of year $764,961 · end of year $734,961
-
25 · Other liabilities
end of year $722,110
-
27 · Net assets without donor restrictions
beginning of year $4,796,975 · end of year $4,893,494
Mission and programs · 2024
Mission
THE FORAKER GROUP IS A 501(C)(3) ORGANIZATION. OUR CORE PURPOSE IS TO STRENGTHEN NONPROFITS. WE ARE A CAPACITY BUILDING ORGANIZATION FOCUSING ON THE NEEDS OF ALASKAN NONPROFITS, TRIBAL ENTITIES, AND RURAL AND NON-RURAL COMMUNITIES.
-
FORAKER PROVIDES FISCAL SPONSORSHIP TO NEW PROGRAMS THAT ARE IN THE PRELIMARY STAGES OF THEIR DEVELOPMENT. THE SERVICES ARE INTENDED TO PROVIDE AN OPPORTUNITY TO INCUBATE PROGRAMS THAT ARE SHORT-TERM AND/OR WILL EVENTUALLY BECOME THEIR OWN 501(C) ORGANIZATION.
Expenses $951,441 · Revenue $938,001
-
THE FORAKER SHARED FINANCIAL SERVICES SERVES OVER 120 NONPROFITS RANGING BETWEEN 50,000 - 9,000,000 WITH ACCOUNTING AND BOOKKEEPING SERVICES. THE SERVICES PROVIDED INCLUDE PAYROLL PROCESSING, CASH DISBURSEMENTS, GRANT REPORTING, FINANCIAL STATEMENT PREPARATION, AND AUDIT PREPARATION.
Expenses $1,853,623 · Revenue $1,890,367
-
A MAJOR FOCUS OF THE FORAKER GROUP IS TO HELP ORGANIZATIONS PREPARE FOR LEADERSHIP CHANGE, CONDUCT EXECUTIVE SEARCHES, AND SUPPORT THE NEW HIRE. OUR OBJECTIVE IS TO ASSIST ORGANIZATIONS MOVE THROUGH EACH PHASE AND POSITION THEM TO ACHIEVE ITS GOALS. THE SERVICES ARE DESIGNED TO HELP ORGANIZATIONS ASK CRITICAL QUESTIONS ABOUT STRUCTURE, FINANCIAL STABILITY, MISSION RESULTS, AND COMMITMENT TO DIVERSITY.
Expenses $592,281 · Grants $500 · Revenue $445,955
-
ALL OTHER PROGRAMS.
Expenses $445,027 · Grants $86,265 · Revenue $117,535
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Laurie WolfLAURIE WOLF
CEO
- Total calculated
- $315,169
- From this org
- $275,342
- From related orgs
- $0
- Other
- $39,827
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $275,342
- Bonus
- not reported
- Other
- not reported
- Deferred
- $17,181
- Nontaxable benefits
- $22,646
- Filer's total
- $315,169
-
Michele SkoogMICHELE SKOOG
VP OF PROGRA
- Total calculated
- $213,949
- From this org
- $155,691
- From related orgs
- $0
- Other
- $58,258
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,691
- Bonus
- not reported
- Other
- not reported
- Deferred
- $58,258
- Nontaxable benefits
- not reported
- Filer's total
- $213,949
-
Raju ShankarRAJU SHANKAR
CFO
- Total calculated
- $212,529
- From this org
- $200,499
- From related orgs
- $0
- Other
- $12,030
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,499
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,030
- Nontaxable benefits
- not reported
- Filer's total
- $212,529
-
Michael WalshMICHAEL WALSH
VP OF PUBLIC
- Total calculated
- $184,719
- From this org
- $138,839
- From related orgs
- $0
- Other
- $45,880
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,839
- Bonus
- not reported
- Other
- not reported
- Deferred
- $45,880
- Nontaxable benefits
- not reported
- Filer's total
- $184,719
-
Kate O'BrienKATE O'BRIEN
VP OF OPS/CO
- Total calculated
- $156,766
- From this org
- $116,359
- From related orgs
- $0
- Other
- $40,407
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $116,359
- Bonus
- not reported
- Other
- not reported
- Deferred
- $40,407
- Nontaxable benefits
- not reported
- Filer's total
- $156,766
-
Amanda RamsayAMANDA RAMSAY
FINANCE DIRE
- Total calculated
- $131,940
- From this org
- $115,138
- From related orgs
- $0
- Other
- $16,802
- Hours/week
- 40
-
Pearl Kiyawn BrowerPEARL KIYAWN BROWER
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Pat BransonPAT BRANSON
TREASURER/SE
- Total calculated
- $0
- Hours/week
- 3
-
Nils AndreassenNILS ANDREASSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Valerie Nurr'Araaluk DavidsonVALERIE NURR'ARAALUK DAVIDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Greg DealGREG DEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michelle DewittMICHELLE DEWITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dylan FaberDYLAN FABER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael FredericksMICHAEL FREDERICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Carol GoreCAROL GORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jaeleen KookeshJAELEEN KOOKESH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Wendy LindskoogWENDY LINDSKOOG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kris NoroszKRIS NOROSZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tom PanamaroffTOM PANAMAROFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tim ThompsonTIM THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ethan TylerETHAN TYLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eric GurleyERIC GURLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Grier HopkinsGRIER HOPKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Curtis McQueenCURTIS MCQUEEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bryan ButcherBRYAN BUTCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$85,204
PROGRAMS
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
SULTANA NEW VENTURES LLC
SEE PT VII · AK · income $410,991 · assets $846,427
Directly controlled by SEE PT VII
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2026
- IRS schema version
- 2024v5.0
- Source object
- 202621289349303397
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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