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Nonprofiteer
← NATIVE FORWARD SCHOLARS FUND

Form 990 for tax year 2022

Filed by NATIVE FORWARD SCHOLARS FUND.

Totals

Total revenue
$12,987,939
Total expenses
$12,670,500
Contributions and grants received
$11,885,293
Grants paid
$8,623,852
Program service revenue
$1,400
Investment income
$1,138,920
Other revenue
-$37,674
Total assets, end of year
$30,032,451
Total liabilities, end of year
$2,957,715
Net assets or fund balances, end of year
$27,074,736
Program services expenses (Part IX)
$11,649,545
Management and general expenses
$905,165
Fundraising expenses
$115,790
Program service expenses (Part III)
$11,649,545

Program services were 91.9% 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

    $4,500

  • 1e · Government grants (contributions)

    $10,358,061

  • 1f · All other contributions, gifts and grants

    $1,522,732

  • 2a · Program service revenue: INDIRECT ADMIN FEES - RELATED

    total $975 · related or exempt $975

  • 2b · Program service revenue: AIGC MAGAZINE

    total $425 · unrelated business $425

  • 3 · Investment income

    total $616,794 · excluded $616,794

  • 7a · Gross sales of assets other than inventory

    securities $5,060,938

  • 7b · Less cost or other basis and sales expenses

    securities $4,538,812

  • 7c · Gain or loss

    securities $522,126

  • 7d · Net gain or loss

    total $522,126 · excluded $522,126

  • 8a · Fundraising events: gross income

    $128,296

  • 8a · Fundraising events: contributions included on line 1c

    $4,500

  • 8b · Fundraising events: direct expenses

    $165,970

  • 8c · Net income from fundraising events

    total -$37,674 · excluded -$37,674

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $8,623,852 · program services $8,623,852

  • 5 · Compensation of officers, directors and key employees

    total $311,654 · program services $223,612 · management and general $67,224 · fundraising $20,818

  • 7 · Other salaries and wages

    total $1,544,847 · program services $1,071,637 · management and general $343,486 · fundraising $129,724

  • 8 · Pension plan contributions

    total $56,231 · program services $40,346 · management and general $12,129 · fundraising $3,756

  • 9 · Other employee benefits

    total $124,826 · program services $89,563 · management and general $26,925 · fundraising $8,338

  • 10 · Payroll taxes

    total $156,445 · program services $112,249 · management and general $33,745 · fundraising $10,451

  • 11b · Fees: legal

    total $4,989 · management and general $4,989

  • 11c · Fees: accounting

    total $26,425 · management and general $26,425

  • 11f · Fees: investment management

    total $123,062 · management and general $123,062

  • 11g · Fees: other

    total $335,378 · program services $260,588 · management and general $72,635 · fundraising $2,155

  • 12 · Advertising and promotion

    total $179,377 · program services $167,395 · fundraising $11,982

  • 13 · Office expenses

    total $85,444 · management and general $64,679 · fundraising $20,765

  • 16 · Occupancy

    total $132,572 · program services $97,170 · management and general $23,682 · fundraising $11,720

  • 17 · Travel

    total $133,641 · program services $124,714 · fundraising $8,927

  • 19 · Conferences, conventions and meetings

    total $29,425 · program services $27,459 · fundraising $1,966

  • 22 · Depreciation, depletion and amortization

    total $38,461 · program services $27,457 · management and general $8,402 · fundraising $2,602

  • 23 · Insurance

    total $11,576 · program services $8,306 · management and general $2,497 · fundraising $773

  • 24a · Other expenses: OTHER PROGRAM EXPENSES

    total $240,944 · program services $171,438 · management and general $69,506

  • 24b · Other expenses: EQUIPMENT EXPENSE

    total $100,354 · program services $100,354

  • 24c · Other expenses: MAINTENANCE AND REPAIRS

    total $100,354 · program services $100,354

  • 24d · Other expenses: POSTAGE

    total $82,270 · program services $60,127 · management and general $16,545 · fundraising $5,598

  • 24e · All other expenses

    total $228,373 · program services $342,924 · management and general $9,234 · fundraising -$123,785

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,994,578 · end of year $3,181,789

  • 4 · Accounts receivable

    beginning of year $41,741 · end of year $781,804

  • 9 · Prepaid expenses and deferred charges

    beginning of year $38,044 · end of year $355,701

  • 10a · Land, buildings and equipment: cost or other basis

    $1,574,437

  • 10b · Land, buildings and equipment: accumulated depreciation

    $344,832

  • 10c · Land, buildings and equipment, net

    beginning of year $1,069,883 · end of year $1,229,605

  • 11 · Investments: publicly traded securities

    beginning of year $23,249,431 · end of year $24,483,552

  • 17 · Accounts payable and accrued expenses

    beginning of year $87,388 · end of year $190,808

  • 18 · Grants payable

    beginning of year $98,776

  • 19 · Deferred revenue

    beginning of year $2,048,921 · end of year $2,369,250

  • 25 · Other liabilities

    beginning of year $296,851 · end of year $397,657

  • 27 · Net assets without donor restrictions

    beginning of year $20,861,209 · end of year $20,723,203

  • 28 · Net assets with donor restrictions

    beginning of year $5,000,532 · end of year $6,351,533

Mission and programs · 2022

Mission

WE PROVIDE FINANCIAL SUPPORT FOR AMERICAN INDIANS AND ALASKA NATIVES SEEKING HIGHER EDUCATION, AND SUPPORT THEM IN ATTAINING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL DEGREES. WE PARTNER WITH TRIBES, THE FEDERAL FOVERNMENT, FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS TO ENSURE THE GROWTH AND SUSTAINABILITY OF SCHOLARSHIPS.

  • DISBURSEMENT OF SCHOLARSHIP FUNDS TO NATIVE AMERICAN AND ALASKAN NATIVE STUDENTS, PRIMARILY THOSE SEEKING GRADUATE AND PROFESSIONAL DEGREES. 1492 WERE SUPPORTED DURING THE 2022-2022 ACADEMIC YEAR.

    Expenses $8,623,852 · Grants $8,623,852

  • PROVIDE STUDENT SUPPORT SERVICES AND RESOURCES PROGRAMS THAT ENGAGE STUDENTS AND PROVED RESOURES TO HIGH SCHOOL STUDENTS, UNDERGRADUATE AND GRADUATE STUDENTS. THIS INCLUDES THE WEB RESOURCE CENTER ON THE NATIVE FORWARD WEBSITE THAT PROVIDES RESOURCES FOR ALL STUDENTS. STUDENT SUPPORT SERVICES: ONE OF NATIVE FORWARD'S CORE COMPETENCIES AND PRIORITY AREAS OF FOCUS LIES IN COLLEGE ACCESS. WE WORK WITH INDIVIDUAL TRIBAL MEMBERS OF THE 574 FEDERALLY RECOGNIZED TRIBES TO PROVIDE ACCESS TO HIGHER EDUCATION THROUGH ACCESS TO FUNDING, RESOURCES, AND INFORMATION. -ACCESS TO SCHOLARSHIPS/FELLOWSHIP FUNDING THROUGH EFFECTIVE SCHOLARSHIP ADMINISTRATION. MARKETING AND OUTREACH TO NATIONAL NATIVE AUDIENCES. EFFICIENT APPLICATION, REVIEW, AND AWARDING PROCESS, INCLUDING DISTRIBUTION, AND TRACKING. -PROVIDE ONE-TO-ONE OUTREACH TO STUDENTS, INCLUDING FINANCIAL AID ASSISTANCE, APPLICATION SUPPORT, AND ADVOCATING FOR OUR STUDENTS THROUGH IMPROVING POLICIES, REDUCING OBSTACLES, AND INCREASING ON-CAMPUS SUPPORT AVAILABLE TO NATIVE STUDENTS. -ONLINE STUDENT RESOURCE CENTER IS AN ONLINE COLLECTION OF BEST PRACTICES, STRATEGIES AND ADVICE SPECIFICALLY TAILORED FOR NATIVE STUDENT SUCCESSES THAT SUPPLEMENT OUR ONE-TO-ONE SERVICES AND PROVIDE ADDITIONAL GUIDANCE THROUGH THE ENTIRE ACADEMIC JOURNEY. NATIVE FORWARD'S BEST IN CLASS STUDENT SUPPORT SERVICES ARE WHAT DIFFERENTIATES US WHEN IT COMES TO COLLEGE SUCCESS. WE HAVE SPENT THE PAST 20 YEARS REFINING SUPPORT SERVICES TO NATIVE STUDENTS AND EXCEL AT PROVIDING THESE SERVICES TO ALL OUR STUDENTS. -PROVIDE ADJACENT HIGH IMPACT, CULTURALLY RESPONSIVE SUPPORT SERVICES TO EACH STUDENT THROUGH OUR TARGETED PROGRAM. -PROVIDE FINANCIAL AID COUNSELING AND ASSISTANCE TO SCHOLARS WITH NATIVE FORWARD APPLICATIONS AND FAFSA, PROVIDE STANDARD FINANCIAL LITERACY INFORMATION, ASSIST STUDENTS WITH AWARD REVISIONS AND COA ADJUSTMENTS, AND RESOLVE ANY ISSUES WITH AWARD DISBURSEMENTS. -PROVIDE ONE-TO-ONE OUTREACH TO STUDENTS UTILIZING A THREE-TOUCHPOINT SYSTEM TO ASSIST STUDENTS THROUGH THE MOST DIFFICULT POINTS OF THEIR ACADEMIC JOURNEY. THIS CONTACT IS DONE THROUGH EMAIL, FLYERS, SOCIAL MEDIA, DIRECT CALLS AND SURVEYS. -INSTITUTIONAL OUTREACH AND ADVOCACY ARE PROVIDED TO STUDENTS WHO NEED ASSISTANCE IN CONNECTING TO CAMPUS RESOURCES SUCH AS TUTORING, MENTORING, FINANCIAL AID, PEER GROUPS ETC. -TRANSCRIPT REVIEW TO ASSURE STUDENTS SUCCESS, WITH TARGETED "BACK ON TRACK" INITIATIVE TO ASSIST STUDENT WITH ON CAMPUS RESOURCES. -INCENTIVE PROGRAM- CELEBRATE STUDENT ACCOMPLISHMENTS THROUGH ACKNOWLEDGEMENT, INCLUDING THE AWARDING OF STOLES, ACHIEVEMENT MEDALS, AND THROUGH THE STUDENT OF THE PROGRAM. -EACH MONTH NATIVE FORWARD HIGHLIGHTS STUDENTS IN THE STUDENT OF THE MONTH PROGRAM. -NATIVE FORWARD ALSO NOTIFIES STUDENTS OF SUMMER OPPORTUNITIES SUCH AS INTERNSHIPS AND CAREER OPENINGS AS PART OF OUR COMPREHENSIVE SUPPORT SERVICES. BACK ON TRACK PROGRAM ACADEMIC INTERVENTION THROUGH OUR BACK ON TRACK PROGRAM MAY OCCUR IF STUDENTS STRUGGLE TO REMAIN IN GOOD STANDING WITH THEIR INSTITUTION, AND WE CONNECT STUDENTS WITH COMMUNITY AND CAMPUS RESOURCES INCLUDING TUTORING, MENTORING, AND CONNECTION TO OTHER NATIVE STUDENTS AROUND THE COUNTRY. NATIVE FORWARD SPECIALIZES IN PROVIDING COMPREHENSIVE STUDENT SERVICES TO SUPPORT AWARD RECIPIENTS TO ENSURE THEY THRIVE THROUGHOUT THEIR ACADEMIC JOURNEY AND SUCCESSFULLY LAUNCH THEIR CAREERS. WE RECOGNIZE AND UNDERSTAND THE EXPERIENCE OF NATIVE STUDENTS ENTERING WESTERN HIGHER EDUCATIONAL SYSTEMS, AND WE CONTINUOUSLY STRIVE TO PROVIDE STUDENTS WITH THE NETWORKS AND RESOURCES NECESSARY TO MAKE THEIR EDUCATIONAL JOURNEY A TRANSFORMATIONAL AND EMPOWERING EXPERIENCE. OUR EXTENSIVE EXPERIENCE IN ADMINISTERING STUDENT SUPPORT SERVICES HAS MADE OUR TEAM UNIQUELY QUALIFIED TO ADDRESS THE NEEDS OF NATIVE STUDENTS AND QUICKLY ADAPT TO PROVIDE THE MOST RELEVANT AND RESPONSIVE PROGRAMMING TO BEST SUPPORT THEM. 2022-2023 APPLICATIONS WERE RECEIVED DURING THE YEAR, WHILE 1492 STUDENTS RECEIVED AWARDS. ADVISE AND COLLABORATE WITH U.S. GRADUATE SCHOOLS AND PROGRAMS TO ENSURE STRONG SUPPORT SERVICES FOR NATIVE AMERICAN STUDENTS PURSUING GRADUATE DEGREES AND POSTGRADUATE AND EMPLOYMENT ADVISEMENT.

    Expenses $3,025,693

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard Williams

    DIRECTOR TO

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Ernie Stevens Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Cecilia Gutierrez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Lilian Sparks Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Kimberly Teehee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Aurene Martin Sectres To 622

    DIRECTOR FRO

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Amber Garrison

    SECRETARY FR

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Franklin Hud Louis Oberly Jr

    TREAS FROM 4

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Stacy Leeds

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Holly Cook Macarro

    CHAIR

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related
  • Angelique Albert

    CEO

    Total calculated
    $289,434
    From this org
    $263,812
    From related orgs
    $0
    Other
    $25,622
    Hours/week
    40 + 15 related

    Schedule J breakdown matched by us

    Base
    $263,812
    Bonus
    not reported
    Other
    not reported
    Deferred
    $16,045
    Nontaxable benefits
    $9,577
    Filer's total
    $289,434

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 · Compensation survey or study

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
8 April 2024
IRS schema version
2022v5.0
Source object
202431009349300013

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