Totals
- Total revenue
- $1,093,976
- Total expenses
- $1,113,779
- Contributions and grants received
- $864,261
- Grants paid
- $80,361
- Program service revenue
- $233,171
- Investment income
- -$3,256
- Other revenue
- -$200
- Total assets, end of year
- $450,065
- Total liabilities, end of year
- $57,508
- Net assets or fund balances, end of year
- $392,557
- Program services expenses (Part IX)
- $961,293
- Management and general expenses
- $152,486
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $961,293
Program services were 86.3% 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.
-
1c · Fundraising events
$21,207
-
1e · Government grants (contributions)
$729,261
-
1f · All other contributions, gifts and grants
$113,793
-
1g · Noncash contributions included above
$18,313
-
2a · Program service revenue: BOOKSTORE SALES
total $212,360 · related or exempt $212,360
-
2b · Program service revenue: PROGRAM SERVICE FEES
total $20,811 · related or exempt $20,811
-
3 · Investment income
total $1,153 · excluded $1,153
-
7a · Gross sales of assets other than inventory
securities $40,000
-
7b · Less cost or other basis and sales expenses
securities $42,167 · other assets $2,242
-
7c · Gain or loss
securities -$2,167 · other assets -$2,242
-
7d · Net gain or loss
total -$4,409 · related or exempt -$2,242 · excluded -$2,167
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$21,207
-
8b · Fundraising events: direct expenses
$1,125
-
8c · Net income from fundraising events
total -$1,125 · excluded -$1,125
-
11a · Other revenue: MISCELLANEOUS
total $925 · related or exempt $925
-
11e · Other revenue, total
$925
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $80,361 · program services $80,361
-
5 · Compensation of officers, directors and key employees
total $83,361 · program services $63,354 · management and general $20,007
-
7 · Other salaries and wages
total $651,341 · program services $580,824 · management and general $70,517
-
9 · Other employee benefits
total $9,015 · program services $8,429 · management and general $586
-
10 · Payroll taxes
total $69,628 · program services $58,039 · management and general $11,589
-
11c · Fees: accounting
total $33,447 · program services $1,524 · management and general $31,923
-
12 · Advertising and promotion
total $13,194 · program services $12,896 · management and general $298
-
13 · Office expenses
total $11,894 · program services $7,464 · management and general $4,430
-
16 · Occupancy
total $64,590 · program services $61,179 · management and general $3,411
-
17 · Travel
total $7,728 · program services $5,229 · management and general $2,499
-
22 · Depreciation, depletion and amortization
total $16,865 · program services $14,335 · management and general $2,530
-
23 · Insurance
total $12,370 · program services $11,264 · management and general $1,106
-
24a · Other expenses: PROGRAM SUPPLIES
total $39,776 · program services $39,776
-
24b · Other expenses: TELEPHONE AND INTERNET
total $11,551 · program services $10,019 · management and general $1,532
-
24c · Other expenses: DUES AND FEES
total $6,091 · program services $4,366 · management and general $1,725
-
24d · Other expenses: CREDIT CARD & BANK FEES
total $2,158 · program services $1,958 · management and general $200
-
24e · All other expenses
total $409 · program services $276 · management and general $133
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $44,564 · end of year $179,210
-
2 · Savings and temporary cash investments
beginning of year $34,422
-
3 · Pledges and grants receivable
beginning of year $152,987 · end of year $99,695
-
4 · Accounts receivable
beginning of year $1,530 · end of year $3,494
-
8 · Inventories for sale or use
beginning of year $51,071 · end of year $45,928
-
9 · Prepaid expenses and deferred charges
beginning of year $16,849 · end of year $15,127
-
10a · Land, buildings and equipment: cost or other basis
$236,049
-
10b · Land, buildings and equipment: accumulated depreciation
$165,267
-
10c · Land, buildings and equipment, net
beginning of year $69,189 · end of year $70,782
-
11 · Investments: publicly traded securities
beginning of year $73,814 · end of year $35,829
-
17 · Accounts payable and accrued expenses
beginning of year $28,959 · end of year $57,508
-
27 · Net assets without donor restrictions
beginning of year $384,107 · end of year $384,383
-
28 · Net assets with donor restrictions
beginning of year $31,360 · end of year $8,174
Mission and programs · 2022
Mission
OUR MISSION IS TO PROMOTE LITERACY FOR PEOPLE OF ALL AGES IN FAIRBANKS AND THE INTERIOR OF ALASKA. SIGNIFICANT ACTIVITIES INCLUDE ADULT AND SCHOOL-AGE LITERACY AS WELL AS BOOK RECYCLING.
-
ADULT EDUCATION PROGRAMPROVIDED CLASSROOM INSTRUCTION AND TUTORING FOR ADULTS IN ELL AND GED PREPARATION. PROVIDE EDUCATION, CREDENTIALING, AND PRE-EMPLOYMENT TRAINING FOR INDIVIDUALS AGE 16-24.ELL STUDENTS - 159; ABE/GED STUDENTS - 185; WIOA PARTICIPANTS - 82GED GRADUATES - 43VOLUNTEER INSTRUCTORS AND TUTORS - 25
Expenses $665,108 · Grants $80,361 · Revenue $19,494
-
SCHOOL-AGE LITERACY PROGRAMPROVIDE TUTORING AND INSTRUCTION FOR SCHOOL-AGE CHILDREN THAT BUILDS STRONG EDUCATIONAL FOUNDATIONS AND FOSTERS A LIFE-LONG LOVE OF LEARNING.BIRCH PARK AFTER-SCHOOL PROGRAMSTUDENTS ENROLLED - 16; SIBLINGS & OTHERS - 39PARENTS & OTHER ADULTS - 24
Expenses $98,719
-
BOOK RECYCLING PROGRAMFREE BOOKS PROVIDED - 14,515 BOOKS DONATED - AT VALUE OF $61,088VOLUNTEERS - 45WORKPLACE LITERACY STUDENTS - 15
Expenses $197,466 · Revenue $212,360
As filed on the 2022 return.
Listed in Part VII
-
Lisa BakerLISA BAKER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Bradley McGinnityBRADLEY MCGINNITY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer TilburyJENNIFER TILBURY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kelly KrugKELLY KRUG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elena SavostianovaELENA SAVOSTIANOVA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Edward PaxsonEDWARD PAXSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Karalee WattsKARALEE WATTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Courtney HavrilekCOURTNEY HAVRILEK
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Lucie MagrathLUCIE MAGRATH
EXECUTIVE DIRECTOR, INCOMING
- Total calculated
- $46,566
- From this org
- $46,566
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Heidi ShepardHEIDI SHEPARD
EXECUTIVE DIRECTOR, OUTGOING
- Total calculated
- $36,795
- From this org
- $36,795
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 21 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343429349300534
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