Alaska Airlines Memorial Scholarship Fund is located in Vancouver, WA. The organization was established in 2002. 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. Alaska Airlines Memorial Scholarship Fund 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 12/2022, Alaska Airlines Memorial Scholarship Fund generated $104.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $133.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION AWARDED 31 EDUCATIONAL SCHOLARSHIPS TOTALING $46,500 TO ELIGIBLE CANDIDATES. ADDITIONALLY AWARDED $55,000 IN SCHOLARSHIPS TO TWO ELIGIBLE CANDIDATES. THESE PAYMENTS WERE GIVEN DIRECTLY TO THE CANDIDATES' AVIATION ACADEMYS FOR FLIGHT TRAINING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Thompson President | 1 | $0 | |
Todd Hunter Director | 1 | $0 | |
Steve Mikkelson Director | 1 | $0 | |
Larry Murray Vice President | 1 | $0 | |
Denise Sheldon Director | 1 | $0 | |
Richard Duplain Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,513 |
| Total Program Service Revenue | $64,578 |
| Membership dues | $0 |
| Investment income | $8,500 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,591 |
| 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 | $427 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $16 |
| Other expenses | $31,860 |
| Total expenses | $133,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $303,476 |
| Other assets | $0 |
| Total assets | $303,476 |
| Total liabilities | $0 |
| Net assets or fund balances | $303,476 |