Mat-Su Martin Luther King Jr Foundation Inc
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wasilla, AK
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 01-0867530
Organization Overview
Mat-Su Martin Luther King Jr Foundation Inc is located in Wasilla, AK. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mat-Su Martin Luther King Jr Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mat-Su Martin Luther King Jr Foundation Inc generated $877.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (53.5%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ANNUAL CELEBRATION THAT INCLUDED A MUSIC PRODUCTION, AND SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernice Fugere Vice President | 1 | $0 | |
Daphne Jackson Treasurer | 1 | $0 | |
Aundre Jackson President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $165 |
| Membership dues | $190 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $877 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $359 |
| Occupancy, rent, utilities, and maintenance | $118 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,387 |
| Total expenses | $7,864 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,871 |
| Other assets | $0 |
| Total assets | $35,871 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,871 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mat-Su Martin Luther King Jr Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Rasmuson Foundation Anchorage, AK PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Arctic Education Foundation Anchorage, AK | $36,876,877 | $4,892,952 |
Calista Education And Culture Inc Anchorage, AK | $4,627,713 | $2,487,452 |
Kmr Group Foundation Vancouver, WA | $32,236,591 | $1,808,486 |
Aleut Foundation Anchorage, AK | $925,739 | $1,724,058 |
R Merle Palmer Minority Scholarship Foundation Tacoma, WA | $1,801,300 | $1,443,994 |
Greater Seattle Business Assoc Scholarship Fund Seattle, WA | $4,889,386 | $1,584,416 |
Clementina Foundation Point Roberts, WA | $0 | $984,643 |
Becu Foundation Tukwila, WA | $6,512,431 | $1,024,328 |
Blakemore Foundation Bellevue, WA | $7,042,231 | $805,895 |
Harvey Samuelsen Scholarship Tr Dillingham, AK | $17,904,495 | $1,624,940 |