Sk2 Fund Inc
- Assets
- $24.9m
- Revenue
- $16.7m
- Investments
- $22.2m
- Employees
- 0
- Location
- Boise, ID
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-3247230
Organization Overview
Sk2 Fund Inc is located in Boise, ID. The organization was established in 2010. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sk2 Fund 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, Sk2 Fund Inc generated $16.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sk2 Fund Inc has awarded 27 individual grants totaling $201,206. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THRIIVE CAMBODIA PROVIDES CAPITAL FOR PRODUCTION EQUIPMENT AND TECHNICAL ASSISTANTS TO SMALL BUSINESSESS, HELPING THEM TO EXPAND AND CREATE NEW JOBS. LOANS ARE REPAID THROUGH BUSINESS DONATION OF AN EQUIVALENT VALUE OF IN-KIND PRODUCTS, SERVICES, OR JOB TRAINING TO IMPOVERISHED COMMUNITY MEMBERS.
THRIIVE NICARAGUA PROVIDES CAPITAL FOR PRODUCTION EQUIPMENT AND TECHNICAL ASSISTANTS TO SMALL BUSINESSESS, HELPING THEM TO EXPAND AND CREATE NEW JOBS. LOANS ARE REPAID THROUGH BUSINESS DONATION OF AN EQUIVALENT VALUE OF IN-KIND PRODUCTS, SERVICES, OR JOB TRAINING TO IMPOVERISHED COMMUNITY MEMBERS.
THRIIVE GUATEMALA PROVIDES CAPITAL FOR PRODUCTION EQUIPMENT AND TECHNICAL ASSISTANTS TO SMALL BUSINESSESS, HELPING THEM TO EXPAND AND CREATE NEW JOBS. LOANS ARE REPAID THROUGH BUSINESS DONATION OF AN EQUIVALENT VALUE OF IN-KIND PRODUCTS, SERVICES, OR JOB TRAINING TO IMPOVERISHED COMMUNITY MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Williams Executive Director | 40 | $122,250 | |
Kellen Williams Trustee | 40 | $86,250 | |
Erik Schultz Trustee | 40 | $58,500 | |
Linda Kincannon Trustee | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,821,467 |
| Interest on Savings | $6,708 |
| Dividends & Interest | $360,524 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,410,368 |
| Capital Gain Net Income | $2,410,368 |
| Net ST Capital Gain | $2,123,281 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $129,165 |
| Total Revenue | $16,728,232 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $268,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $70,720 |
| Interest | $0 |
| Taxes | $24,449 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,635 |
| Printing and publications | $745 |
| Other expenses | $591,088 |
| Total operating and administrative expenses | $1,126,465 |
| Contributions, gifts, grants paid | $166,188 |
| Total expenses and disbursements | $1,292,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,688,784 |
| Savings and temporary cash investments | $802,954 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,162,630 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $174,959 |
| Total assets | $24,914,599 |
| Accounts payable and accrued expenses | $1,124 |
| Grants payable | $6,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $148,075 |
| Total liabilities | $155,199 |
Grants Awarded
Over the last fiscal year, Sk2 Fund Inc has awarded $166,188 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
SWIFT RIVER FARM PURPOSE: INCREASE ORGANIC VEGETABLE OUTPUT AND INCREASE JOBS | $26,580 |
RECIPROCITY FUND PURPOSE: SUPPORT INDIGENOUS SYSTEMS FOR RESILIENCE AND LIVELIHOODS TO REDUCE POVERTY | $25,000 |
Niwot, CO PURPOSE: WOMENS EMPOWERMENT THROUGH AT LEAST 4 ENTREPRENEURIAL TRAINING GROUPS | $20,000 |
SOUTHERN CAPITAL PROJECT PURPOSE: EMPOWER WOMEN ENTREPRENEURS | $20,000 |
WOMEN'S RESOURCE CENTER CAMBODIA PURPOSE: EMPOWER WOMEN ENTREPRENEURS | $15,000 |
AMIGOS DE SANTA CRUZ PURPOSE: EMPOWER WOMEN WITH ECONOMIC OPPORTUNITIES | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sk2 Fund Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Orr Family Foundation Saratoga, CA PURPOSE: GENERAL FUND | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doterra Healing Hands Foundation Pleasant Grove, UT | $7,231,777 | $11,842,718 |
Health Alliance International Seattle, WA | $1,404,017 | $8,275,089 |
Ashesi University Foundation Seattle, WA | $12,782,442 | $4,145,019 |
Agros International Seattle, WA | $3,399,558 | $4,102,403 |
Central Asia Institute Bozeman, MT | $9,782,044 | $2,522,189 |
Na Ah Illahee Fund Seattle, WA | $3,416,463 | $4,496,691 |
Center For Humanitarian Outreach And Intercultural Exchange West Jordan, UT | $2,351,499 | $3,610,441 |
World Concern Development Organization Shoreline, WA | $2,234,815 | $2,856,478 |
One Drop Foundation Inc Las Vegas, NV | $3,299,292 | $3,234,990 |
Forward Edge International Brush Prairie, WA | $1,950,327 | $2,648,381 |
Bridges To Development Vashon, WA | $3,789,622 | $3,043,264 |
Amigos De Honduras Seattle, WA | $43,954 | $2,329,024 |