Totals
- Total revenue
- $6,517,266
- Total expenses
- $6,591,500
- Contributions and grants received
- $3,339,956
- Grants paid
- $0
- Program service revenue
- $3,130,462
- Investment income
- $26,348
- Other revenue
- $20,500
- Total assets, end of year
- $6,080,619
- Total liabilities, end of year
- $1,200,110
- Net assets or fund balances, end of year
- $4,880,509
- Program services expenses (Part IX)
- $5,281,927
- Management and general expenses
- $1,309,573
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,281,927
Program services were 80.1% 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)
$1,291,461
-
1f · All other contributions, gifts and grants
$2,048,495
-
2a · Program service revenue: PROGRAM FEES
total $3,130,462 · related or exempt $3,130,462
-
3 · Investment income
total $26,348 · excluded $26,348
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER REVENUE
total $20,500 · excluded $20,500
-
11e · Other revenue, total
$20,500
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $878,640 · program services $663,862 · management and general $214,778
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,856,638 · program services $1,402,794 · management and general $453,844
-
8 · Pension plan contributions
total $87,136 · program services $65,836 · management and general $21,300
-
9 · Other employee benefits
total $321,029 · program services $242,556 · management and general $78,473
-
10 · Payroll taxes
total $149,095 · program services $112,650 · management and general $36,445
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $15,000 · program services $14,009 · management and general $991
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,495,646 · program services $2,330,697 · management and general $164,949
-
12 · Advertising and promotion
total $47,647 · program services $19,865 · management and general $27,782
-
13 · Office expenses
total $71,580 · program services $49,765 · management and general $21,815
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $217,860 · program services $42,795 · management and general $175,065
-
17 · Travel
total $242,356 · program services $224,357 · management and general $17,999
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $1,420 · management and general $1,420
-
23 · Insurance
total $16,039 · management and general $16,039
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $103,557 · program services $72,431 · management and general $31,126
-
24b · Other expenses: MEALS & ENTERTAINMENT
total $31,795 · program services $26,764 · management and general $5,031
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $30,838 · program services $13,546 · management and general $17,292
-
24d · Other expenses: BANK FEES
total $25,224 · management and general $25,224
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,027,206 · end of year $3,884,232
-
2 · Savings and temporary cash investments
beginning of year $1,143,248 · end of year $1,255,282
-
3 · Pledges and grants receivable
beginning of year $239,478 · end of year $287,689
-
4 · Accounts receivable
beginning of year $358,522 · end of year $488,099
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $180,834 · end of year $145,834
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$269,501
-
10b · Land, buildings and equipment: accumulated depreciation
$257,139
-
10c · Land, buildings and equipment, net
beginning of year $13,782 · end of year $12,362
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $7,121 · end of year $7,121
-
17 · Accounts payable and accrued expenses
beginning of year $561,469 · end of year $577,110
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $566,667 · end of year $623,000
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $4,839,255 · end of year $4,880,509
-
28 · Net assets with donor restrictions
beginning of year $2,800 · end of year $0
Mission and programs · 2022
Mission
SEE SCHEDULE O
-
FORAKER PROVIDES FISCAL SPONSORSHIP TO NEW PROGRAMS THAT ARE IN THE PRELIMINARY STAGES OF THEIR DEVELOPMENT. THE SERVICES ARE INTENDED TO PROVIDE AN OPPORTUNITY TO INCUBATE PROGRAMS THAT ARE SHORT-TERM AND/OR WILL EVENUTALLY BECOME THEIR OWN 501(C) ORGANIZATION.
Expenses $2,097,583
-
THE FORAKER SHARED FINANCIAL SERVICES SERVES OVER 80 NONPROFITS RANGING BETWEEN $100,000 - $5,000,000 WITH ACCOUNTING AND BOOKKEEPING SERVICES. THE SERVICES PROVIDED INCLUDE PAYROLL PROCESSING, CASH DISBURSEMENTS, GRANT REPORTING, FINANCIAL STATEMENT PREPARATION AND AUDIT PREPARATION.
Expenses $1,412,809 · Revenue $1,377,118
-
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 SERIVCE ARE DESIGNED TO HELP ORGANIZAITONS ASK CRITICAL QUESTIONS ABOUT STRUCTURE, FINANCIAL STABILITY, MISSION RESULTS AND COMMITMENT TO DIVERSITY.
Expenses $596,095 · Revenue $488,301
-
Organizational Development
Expenses $550,434 · Revenue $557,211
-
Education
Expenses $301,279 · Revenue $273,802
-
Grant Programs
Expenses $233,255
-
Public Policy
Expenses $90,472
-
Pre-D
-
Administrative
Revenue $434,030
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Laurie Wolf
CEO
- Total calculated
- $332,494
- From this org
- $273,043
- From related orgs
- $0
- Other
- $59,451
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $273,043
- Bonus
- not reported
- Other
- not reported
- Deferred
- $15,374
- Nontaxable benefits
- $44,077
- Filer's total
- $332,494
-
Raju Shankar
CFO
- Total calculated
- $217,327
- From this org
- $192,743
- From related orgs
- $0
- Other
- $24,584
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $192,743
- Bonus
- not reported
- Other
- not reported
- Deferred
- $10,772
- Nontaxable benefits
- $13,812
- Filer's total
- $217,327
-
Chellie Skoog
Vice President of Programs
- Total calculated
- $196,129
- From this org
- $148,211
- From related orgs
- $0
- Other
- $47,918
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,211
- Bonus
- not reported
- Other
- not reported
- Deferred
- $8,100
- Nontaxable benefits
- $39,818
- Filer's total
- $196,129
-
Mike Walsh
Vice President of Public Polic
- Total calculated
- $162,239
- From this org
- $124,192
- From related orgs
- $0
- Other
- $38,047
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,192
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,333
- Nontaxable benefits
- $30,714
- Filer's total
- $162,239
-
Tiffany Hall
Program Manager
- Total calculated
- $160,198
- From this org
- $130,215
- From related orgs
- $0
- Other
- $29,983
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,215
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,813
- Nontaxable benefits
- $22,170
- Filer's total
- $160,198
-
Rebecca Savidis
Human Resources
- Total calculated
- $135,753
- From this org
- $100,962
- From related orgs
- $0
- Other
- $34,791
- Hours/week
- 40
-
Amanda Ramsay
Finance Director
- Total calculated
- $114,460
- From this org
- $104,398
- From related orgs
- $0
- Other
- $10,062
- Hours/week
- 40
-
Jaeleen Kookesh
Board Chair
- Total calculated
- $0
- Hours/week
- 3
-
Pat Branson
Treasurer/Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Valerie Nurr'araaluk Davidson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Byran Butcher
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nils Andreassen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Abbott
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tom Panamaroff
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wendy Lindskoog
Director
- Total calculated
- $0
- Hours/week
- 1
-
Pearl Kiyawn Brower
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kris Norosz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michelle DeWitt
Director
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Ripley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sabrena Combs
Director
- Total calculated
- $0
- Hours/week
- 1
-
Greg Deal
Director
- Total calculated
- $0
- Hours/week
- 1
-
Liz Qaulluq Cravalho
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dylan Faber
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tim Thompson
Director
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
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 PART VII · AK · income $1,700,681 · assets $1,499,264
Directly controlled by SEE PART VII
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411369349315616
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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