Skip to content
Nonprofiteer
← ALASKA CHARR EDUCATIONAL FUND INC

Form 990 for tax year 2022

Filed by ALASKA CHARR EDUCATIONAL FUND INC.

Totals

Total revenue
$308,226
Total expenses
$295,678
Contributions and grants received
$251,929
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$56,297
Total assets, end of year
$304,695
Total liabilities, end of year
$74,405
Net assets or fund balances, end of year
$230,290
Program services expenses (Part IX)
$279,890
Management and general expenses
$15,788
Fundraising expenses
$0
Program service expenses (Part III)
$279,890

Program services were 94.7% 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.

  • 1b · Membership dues

    $50,632

  • 1e · Government grants (contributions)

    $200,000

  • 1f · All other contributions, gifts and grants

    $1,297

  • 9a · Gaming: gross income

    $105,480

  • 9b · Gaming: direct expenses

    $49,435

  • 9c · Net income from gaming

    total $56,045 · unrelated business $56,045

  • 11a · Other revenue: MISCELLANEOUS

    total $252 · related or exempt $252

  • 11e · Other revenue, total

    $252

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $70,744 · program services $70,744

  • 11a · Fees: management

    total $11,806 · management and general $11,806

  • 11c · Fees: accounting

    total $1,858 · management and general $1,858

  • 11g · Fees: other

    total $761 · management and general $761

  • 12 · Advertising and promotion

    total $519 · management and general $519

  • 19 · Conferences, conventions and meetings

    total $442 · management and general $442

  • 24a · Other expenses: STEP GRANT

    total $130,021 · program services $130,021

  • 24b · Other expenses: GOLF TOURNAMENT

    total $37,125 · program services $37,125

  • 24c · Other expenses: SCHOLARSHIP AWARDS

    total $22,000 · program services $22,000

  • 24d · Other expenses: DONATIONS

    total $20,000 · program services $20,000

  • 24e · All other expenses

    total $402 · management and general $402

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $193,635 · end of year $209,819

  • 4 · Accounts receivable

    beginning of year $17,258 · end of year $67,173

  • 8 · Inventories for sale or use

    end of year $1,571

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,606 · end of year $25,026

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

    $4,887

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

    $3,781

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $1,106

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,757 · end of year $74,405

  • 27 · Net assets without donor restrictions

    beginning of year $217,742 · end of year $230,290

Mission and programs · 2022

Mission

TO ENCOURAGE AND ASSIST QUALIFIED PERSONS IN DEVELOPING A CAREER IN THE ALASKA HOSPITALITY INDUSTRY THROUGH FINANCIAL ASSISTANCE, CONTINUING EDUCATION, ON-THE-JOB TRAINING, MENTORING AND JOB PLACEMENT.

  • PROVIDE SCHOLARSHIP AND TRAINING OPPORTUNITIES FORHOSPITALITY INDUSTRY STUDENTS.

    Expenses $279,890 · Revenue $252

As filed on the 2022 return.

Listed in Part VII

  • Sarah Mulligan

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25

  • Jodi Blakley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Cheyenne Selman

    CHAIR

    Total calculated
    $0
    Hours/week
    0.25

  • Mike Dennis

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.25

  • Dick Ellsworth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Glenn Brady

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Don Grasse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Sarah Oates

    PRESIDENT

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202421369349318472

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.