Form 990 for tax year 2022
Filed by KODIAK SCHOLARSHIP FOUNDATION INC.
Totals
- Total revenue
- $174,614
- Total expenses
- $106,748
- Contributions and grants received
- $118,383
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $56,231
- Other revenue
- $0
- Total assets, end of year
- $1,216,191
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,216,191
- Program services expenses (Part IX)
- $106,748
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $106,748
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$118,383
-
3 · Investment income
total $52,484 · unrelated business $52,484
-
7a · Gross sales of assets other than inventory
securities $3,747
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $3,747
-
7d · Net gain or loss
total $3,747 · unrelated business $3,747
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $1,100 · program services $1,100
-
11f · Fees: investment management
total $1,018 · program services $1,018
-
12 · Advertising and promotion
total $900 · program services $900
-
13 · Office expenses
total $580 · program services $580
-
24a · Other expenses: SCHOLARSHIPS AWARDED
total $103,150 · program services $103,150
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,679 · end of year $77,082
-
2 · Savings and temporary cash investments
beginning of year $3,355 · end of year $3,358
-
4 · Accounts receivable
beginning of year $6,600 · end of year $10,850
-
11 · Investments: publicly traded securities
beginning of year $1,152,170 · end of year $1,124,901
-
27 · Net assets without donor restrictions
beginning of year $1,230,804 · end of year $1,216,191
Mission and programs · 2022
Mission
ORGANIZE AND ASSIST KODIAK ISLAND BOROUGH STUDENTS TO PURSUE POST-SECONDARY EDUCATION IN THEIR CHOSEN FIELD OF STUDY, AND TO ASSIST INSTITUTIONS OF POST-SECONDARY EDUCATION OR TRAINING LOCATED WITHIN THE KODIAK ISLAND BOROUGH
-
THE KODIAK SCHOLARSHIP FOUNDATION HELPED OVER 30 DIFFERENT STUDENTS PAY FOR THEIR POST-SECONDARY EDUCATION BOTH IN AND OUT OF THE STATE OF ALASKA. THESE SCHOLARSHIPS WENT TO A VARIETY OF INSTITUTIONS FROM TRADITIONAL FOUR YEAR COLLEGES TO TECHNICAL INSTITUTIONS AND COMMUNITY COLLEGES.
Expenses $106,748
As filed on the 2022 return.
Listed in Part VII
-
Robert BrodieROBERT BRODIE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Dan RoherDAN ROHER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Bud CassidyBUD CASSIDY
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Robin CassidyROBIN CASSIDY
TREASURER
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311799349301756
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